At a Glance
- Tasks: Transform finance functions and provide strategic support to owner-directors in the construction sector.
- Company: Established and growing business within the dynamic construction industry.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for professional growth.
- Other info: Collaborative team culture focused on practical improvements and strategic guidance.
- Why this job: Make a real impact by improving financial systems and supporting business growth.
- Qualifications: Experience as a Finance Director or senior finance transformation professional in project-led environments.
The predicted salary is between 59400 - 72600 £ per year.
An established and growing business within the wider construction sector is looking to appoint an experienced Fractional Finance Director to help transform its finance function and provide stronger financial support to the owner-directors of this successful SME.
The directors are looking for an experienced and commercially minded finance leader who can initially conduct a thorough review of the function before helping to implement the necessary changes.
The role
The initial assignment will involve assessing the current finance systems, processes, people and reporting. You will provide an independent view of what is working, identify the principal risks and weaknesses, and develop a practical improvement plan.
Key responsibilities are likely to include:
- Reviewing the existing finance function, controls, processes and reporting.
- Assessing the accuracy and reliability of the Sage data and spreadsheet-based information.
- Improving cash-flow forecasting and working-capital management.
- Developing a clear, accurate and concise monthly board reporting pack.
- Introducing meaningful financial and operational dashboards.
- Improving project-level reporting, including margins, work in progress, committed costs and cost-to-complete forecasting.
- Reducing manual processes and the business's reliance on spreadsheets.
- Helping the business evaluate, select and implement an appropriate ERP or integrated finance system.
- Supporting and developing the existing finance team.
- Providing commercial challenge and strategic financial guidance to the owner-directors.
- Helping ensure the financial infrastructure is capable of supporting further growth and potential longer-term succession plans.
The directors would ultimately like to receive a concise and reliable finance report ahead of each board meeting, allowing management discussions to focus on performance, risks and decisions rather than spending several hours trying to interpret the underlying numbers.
The person
This role requires an experienced Finance Director, CFO or senior finance transformation professional with a strong understanding of construction, contracting, fit-out, engineering or another project-led environment.
You should have practical experience of areas such as:
- Construction Industry Scheme requirements.
- Project accounting and job costing.
- Work in progress and revenue recognition.
- Cost-to-complete forecasting.
- Variations and committed project costs.
- Project-margin analysis.
- Cash-flow and working-capital management.
- Management reporting and dashboard development.
- ERP selection or implementation.
This is not a purely strategic advisory appointment. You must be willing to examine the underlying data, interrogate spreadsheets and work closely with both the finance and operational teams.
The successful person will be pragmatic, approachable and commercially astute. You will need to build credibility with a long-established team, challenge constructively and introduce improvements without imposing unnecessary corporate bureaucracy.
Fractional Finance Director – Construction and Finance Transformation in Chesterfield employer: Pratap Partnership Ltd
Join one of the UK's leading land and property development companies in Sheffield, where you will thrive in a dynamic environment that values accuracy and quality. With a commitment to employee growth and a responsible, inclusive culture, this role offers competitive salary packages, hybrid working options, and generous benefits, all while contributing to the company's ambitious goal of achieving net-zero carbon by 2030.
StudySmarter Expert Advice🤫
We think this is how you could land Fractional Finance Director – Construction and Finance Transformation in Chesterfield
✨Tap into Online Freelance Networks
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We think you need these skills to ace Fractional Finance Director – Construction and Finance Transformation in Chesterfield
Some tips for your application 🫡
Show off your qualifications:In financial controlling, it's essential to highlight your relevant qualifications. Make sure to include any certifications like ACCA or CIMA in your CV, as they particularly catch the eye of hiring managers in this field. It's all about showcasing your expertise!
Portfolio of projects:As a freelancer, your portfolio is your best friend. Include case studies or summaries of past financial projects you've worked on. Clearly outline the challenges you faced, the solutions you implemented, and the outcomes. This not only showcases your skills but also proves your value to potential clients like Pratap Partnership Ltd.
Be clear about your rates:When applying for freelance gigs, it's wise to be upfront about your rates in your application. Clearly stating your hourly or project-based fees can save both you and Pratap Partnership Ltd time down the line. It shows you’re professional and ready to jump into negotiations.
Personalise your application:Don’t just send a generic application to Pratap Partnership Ltd. Tailor your cover letter to include specific examples of how your skills in financial controlling align with their needs. Mention any software tools you're proficient with, like ERP systems or financial modelling tools, that are relevant to the role.
How to prepare for a job interview at Pratap Partnership Ltd
✨Showcase Your Analytical Skills
In financial controlling, your ability to analyse data is vital. Make sure we highlight specific examples from your previous work where you've utilised analytical tools like Excel or specific forecasting software. The interviewers at Pratap Partnership Ltd will want to see your numbers dance!
✨Prepare to Discuss Financial Strategies
Expect questions around how you approach financial strategy development. Have a few examples of successful strategies you've implemented in the past, as these can demonstrate your value to Pratap Partnership Ltd. We should also think about discussing risk management, as it'll show you're thinking ahead.
✨Tailor Your Portfolio for Freelance Success
As a freelancer, your portfolio is your calling card! Let’s make sure it’s packed with case studies that showcase your financial projects, perhaps including any forecasting or budgeting you’ve done for diverse clients. Highlighting your versatility will be key to impressing Pratap Partnership Ltd.
✨Pitch Your Services Confidently
When working as a freelancer, be prepared to discuss not just your experience but also your rates and value proposition. We need to have a clear idea of how your skills will fit into Pratap Partnership Ltd's needs. Confidence in pitching your worth can go a long way!
