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For Companies Triangle Recruitment are looking to recruit a Head of Finance. Our client is part of a global Organisation, a leading manufacturer of construction equipment with over 8 years of presence in the UK market. The company is reshaping its organization and culture to focus on results-driven performance and market leadership, delivering innovative solutions to the construction, demolition, recycling, and rental sectors.
With considerable growth opportunities ahead, they are building on its strong foundation and investing in its future through a dynamic and market-driven approach.
About The Role
Our client is at a pivotal moment in its growth journey. The company is transitioning from a direct sales model to a hybrid approach, building sales channels through regional dealers. With a robust growth trajectory and exciting product launches planned over the next five years. This role offers a unique opportunity to drive financial strategy and growth.
They hold a strong market presence in Wheel Loaders and Excavators, serving the plant hire, rental, demolition, and recycling sectors. The company is poised for significant expansion, with the Finance Director playing a key role in shaping the business\’s future.
KeyResponsibilities
Develop and execute financial strategies to achieve the companys 20% annual growthtarget.
Provide financial insights and recommendations to the Managing Director and European CFO for informed decision-making.
Align financial planning with the companys transition to a hybrid salesmodel.
2.Financial Planning andAnalysis
Prepare and manage annual budgets, forecasts, and long-term financialplans.
Conduct variance analyses and provide actionable insights to improve financialperformance.
Lead financial modelling for product launches, market expansion, and dealerdevelopment.
3.Inventory and AssetManagement
Over see the annual inventory stock-taking process, ensuring accuracy and adherence to company policies.
Implement inventory control measures to minimize losses and improve working capitalefficiency.
4.FX Management andMitigation
Develop and execute strategies to manage foreign exchange(FX)exposure and mitigate currency risks.
Collaborate with HQ to implement hedging or other mitigationstrategies.
5.OperationalFinanceManagement
Monitor cash flow, working capital, and liquidity to ensure financialstability.
Optimizeworkingcapital,includinginventory,receivables,andpayables.
Oversee rental location financial operations, ensuring alignment with corporategoals.
Lead credit control and accounts receivable processes, focusing on AR reduction and dealer credit management.
6.Reporting andCompliance
Ensure timely and accurate preparation of financial statements in compliance with UK and international accounting standards.
Manage monthly, quarterly, and annual reporting to local and regionalstakeholders.
Oversee tax planning, compliance, andreporting.
7.Team Leadership and Development
Manage and mentor a team of four finance professionals, fostering a results-orientedculture.
Build organizational capabilities in financial planning, analysis, andreporting.
Champion professional development within the financeteam.
8.Business TransformationandRestructuring
Support organizational restructuring to align with new businessobjectives.
Drive financial governance and process improvements to enhance operationalefficiency.
Contributetofosteringaresults-driven,salesandmarketing focusedculture.
9.GrowthEnablement
Partner with sales and marketing teams to align financial strategies with revenue targets and market expansion plans.
Provide oversight for new product launches, including cost analysis, pricing strategies, and investment planning.
Identify and capitalize on growth opportunities in plant hire, rental, demolition, andrecycling sectors.
10.Risk Management andControls
Identify financial risks and implement mitigationstrategies.
Develop and maintain robust internal controls to safeguard companyassets.
Oversee audits and ensure compliance with company policies and externalregulations.
Qualifications andExperience
Qualified accountant(ACA,ACCA,CIMA) with significant post-qualificationexperience.
Proven track record in a Finance Director or senior finance leadership role, ideally in construction equipment, heavy machinery, or related industries.
Experience in managing working capital, FX exposure, and inventoryprocesses.
Demonstrated expertise in supporting organizational transformation and growth, particularly in transitioning sales models.
Strong knowledge of UK & International accounting standards and financialregulations.
Experience in leading and developing high-performingteams.
Experience of working internationally, with experience of Chinesebusiness
Preference for candidates with Chinese language skills and strong cross-cultural communication abilities.
KeyAttributes
Strategic mindset with a hands-onapproach.
Strong analytical and problem-solvingskills.
Results-oriented with a focus on driving performance andaccountability.
Excellent communication and interpersonal skills to manage stakeholder relationships across levels and cultures.
Package
- Salary upto £90K
- Pension Scheme
- Private Healthcare
- 15% Performance Related Bonus – upon achieving KPI\’s
Contact Detail:
Triangle Recruitment. Recruiting Team
