Fractional Finance Director - Construction and Finance Transformation in Chesterfield

Fractional Finance Director - Construction and Finance Transformation in Chesterfield

Chesterfield Full-Time 59400 - 72600 £ / year (est.) No working from home possible
Pratap Partnership

At a Glance

  • Tasks: Transform finance functions and provide strategic support to owner-directors in a growing construction business.
  • Company: Established SME in the construction sector with a focus on innovation and growth.
  • Benefits: Flexible working arrangements, competitive salary, and opportunities for professional development.
  • Other info: Collaborative team environment with a focus on practical improvements and strategic guidance.
  • Why this job: Make a real impact by improving financial processes and supporting business growth.
  • Qualifications: Experience as a Finance Director or CFO in project-led environments, especially construction.

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.

  • 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.

#J-18808-Ljbffr

Fractional Finance Director - Construction and Finance Transformation in Chesterfield employer: Pratap Partnership

Join a well-established and highly respected organisation in Rotherham, where your ambition as a Trainee Accountant will be nurtured through comprehensive support for your professional development. With funding for CIMA or ACCA qualifications and hands-on experience across diverse accounting functions, you'll thrive in a collaborative work culture that values growth and long-term career progression.

Pratap Partnership

Contact Details:

Pratap Partnership Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Fractional Finance Director - Construction and Finance Transformation in Chesterfield

Tip Number 1: Tap Into Professional Networks

The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!

Tip Number 2: Attend Finance Events and Conferences

Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Pratap Partnership. You never know who might be your next boss or a crucial contact!

Tip Number 3: Showcase Your Expertise

Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Pratap Partnership.

Tip Number 4: Apply Directly on Company Websites

Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Pratap Partnership. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!

We think you need these skills to ace Fractional Finance Director - Construction and Finance Transformation in Chesterfield

Finance Transformation
Financial Reporting
Cash-Flow Forecasting
Working-Capital Management
Project Accounting
Job Costing
Cost-to-Complete Forecasting

Some tips for your application 🫡

Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.

Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Pratap Partnership and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!

Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.

Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Pratap Partnership how you can be a team player!

How to prepare for a job interview at Pratap Partnership

Brush Up on Technical Skills

Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!

Showcase Your Financial Acumen

If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Pratap Partnership.

Know Your Numbers

In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.

Connect with Company Goals

Familiarise yourself with Pratap Partnership's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!