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- Tasks: Lead the finance team, manage budgets, and drive business growth.
- Company: RML Group develops high-performance road and race cars with a focus on EV technology.
- Benefits: Earn £75,000 to £85,000, enjoy 25 days holiday, Bupa Healthcare, and retail discounts.
- Why this job: Shape the future of finance in a dynamic automotive company and make a real impact.
- Qualifications: Qualified accountant or QBE with experience in management accounts and budgeting.
- Other info: This is a unique opportunity to report directly to an energetic CEO.
The predicted salary is between 60000 - 84000 £ per year.
We are excited to offer a newly created Head of Finance role, where you will report directly to an energetic and supportive CEO. This unique position presents the opportunity to shape the role itself, drive business growth, and become a key member of the leadership team. As Head of Finance, you will have the chance to make an impact by bringing your ideas and expertise to help shape the future of the company, enhance efficiencies, revenue streams and contribute to its continued success.
RML Group develops high-performance road and race cars, alongside delivering cutting-edge automotive engineering solutions. One of their fastest-growing specialisations is EV technology for both road and race applications. All this expertise, passion, and winning drive are housed at their headquarters in Wellingborough, Northamptonshire.
Warner Recruitment is seeking an experienced, hands-on Head of Finance to lead the finance function at RML Group Ltd. This new role offers a great opportunity for a qualified accountant or someone with great experience (Qualified by Experience – QBE) to take full ownership of the finance department. You should have a strong background in management accounts, budgeting, and forecasting, and ideally, experience with a manufacturing company. You should be someone who enjoys business partnering across departments to understand the drivers and challenges that they face.
As Head of Finance, you will also be responsible for managing and motivating a small finance team to achieve the financial objectives of the business. The role requires a self-starter with a proactive approach to process improvement, cost-saving initiatives, and supporting the business's revenue streams.
Key Responsibilities:
- Month-End Closing: Ensure timely and accurate month-end close, with reconciliation and reporting.
- Management Accounts: Prepare and present management accounts to the board, ensuring clarity and accuracy.
- Financial Reporting: Provide financial reports to the board and departmental heads to align with business objectives.
- Budgeting & Forecasting: Lead the creation of annual budgets, rolling forecasts, and long-term plans.
- Commercial Analysis of Revenue Streams: Conduct viability analysis of revenue streams and their financial performance.
- Cash Flow Forecasting: Lead weekly cash flow forecasting and review with the Managing Director.
- Cost Management: Identify areas for cost savings and operational efficiency.
- Audit & Compliance: Lead the year-end audit process, ensuring timely submission of statutory accounts and key compliance activities.
- Team Management: Lead, motivate, and support a small finance team to achieve business financial goals.
The Person:
- ACA, ACCA, CIMA qualified, or QBE (or equivalent).
- Experience of working in a manufacturing company (beneficial).
- Proven ability to prepare accurate and timely management accounts and maintain the integrity of financial data.
- Experience in budgeting, forecasting, and cash flow reporting.
- Excellent communication skills, with the ability to collaborate with and influence key stakeholders at all levels.
- Hands-on, proactive, and detail-oriented approach to problem-solving.
- Leadership experience, with a proven track record of motivating and supporting a small finance team.
- Self-sufficient, with the ability to take initiative, drive results, and solve problems independently.
Benefits/Additional Information:
- £75,000 to £85,000 per annum
- 25 days, increases with length of service (+ public)
- Bupa Healthcare plan
- Life Cover
- Pension salary sacrifice scheme
- Retail discount schemes
This is a Warner Exclusive role which means it is retained with Warner Recruitment Ltd. If you have any questions, please do not hesitate to contact Haydon Warner at Warner Recruitment. We very much look forward to hearing from you.
Head of Finance employer: Warner Recruitment Limited
Contact Detail:
Warner Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance
✨Tip Number 1
Network with professionals in the automotive and finance sectors. Attend industry events or webinars to connect with potential colleagues or mentors who can provide insights into the company culture at RML Group.
✨Tip Number 2
Research RML Group's recent projects, especially in EV technology. Being knowledgeable about their current initiatives will help you demonstrate your genuine interest and how your skills can contribute to their goals during discussions.
✨Tip Number 3
Prepare to discuss your experience in management accounts, budgeting, and forecasting in detail. Think of specific examples where you've successfully implemented cost-saving initiatives or improved financial processes, as these will resonate well with the hiring team.
✨Tip Number 4
Showcase your leadership style and how you motivate teams. Be ready to share strategies you've used to support and develop finance teams, as this role requires strong team management skills that align with RML Group's objectives.
We think you need these skills to ace Head of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance, particularly in management accounts, budgeting, and forecasting. Emphasise any relevant experience in a manufacturing environment, as this is beneficial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your leadership skills and proactive approach to finance. Mention specific examples of how you've driven process improvements or cost-saving initiatives in previous roles.
Highlight Relevant Qualifications: Clearly state your qualifications, such as ACA, ACCA, CIMA, or QBE. If you have any additional certifications or training related to finance or management, be sure to include those as well.
Showcase Communication Skills: In your application, demonstrate your excellent communication skills by providing examples of how you've collaborated with stakeholders at various levels. This is crucial for the Head of Finance role, where influencing key decisions is part of the job.
How to prepare for a job interview at Warner Recruitment Limited
✨Showcase Your Financial Expertise
As a candidate for the Head of Finance role, it's crucial to demonstrate your deep understanding of financial principles. Be prepared to discuss your experience with management accounts, budgeting, and forecasting in detail, as these are key responsibilities of the position.
✨Highlight Leadership Skills
This role involves managing a small finance team, so be ready to share examples of how you've successfully led and motivated teams in the past. Discuss your approach to fostering collaboration and achieving financial goals together.
✨Prepare for Commercial Analysis Questions
Expect questions related to commercial analysis and revenue streams. Brush up on your ability to conduct viability analyses and present findings clearly, as this will be essential for aligning financial performance with business objectives.
✨Demonstrate Proactive Problem-Solving
The company is looking for a self-starter who can drive process improvements and cost-saving initiatives. Prepare to discuss specific instances where you've identified challenges and implemented effective solutions in previous roles.
