Head Of Finance

Job content

Consumer Additions is exclusively retained by a Private Equity backed cycling/outdoor brand currently going through a significant period of growth, to find a Head of Finance

With recent investment, the business is looking to increase production volume, develop new product and be well placed to take advantage of a growing market segment.

The Role

The company has a small finance team and now needs a commercially orientated Head of Finance to lead the function through the changes required to meet the demands of a fast-growing business.

The pace and nature of the transformation will be different to what the business has experienced in the past, and the successful candidate will be integral to shaping and supporting the change.

The successful candidate will develop financial processes, controls and systems to support a high growth business. Ensuring financial reporting and compliance is robust. You will step change FP&A and Commercial Finance which is currently non existent at the moment so there is a huge opportunity to improve and impact the performance of the business, partnering with sales, supply chain, marketing etc.

The Head of Finance will report into the CFO and will also interface closely with other colleagues across the business.

Key Responsibilities

• Ownership of monthly management reporting including development of KPIs, departmental and board reporting. Preparation of consolidated management accounts.
• Review and develop controls, processes and systems. Ensure balance sheet integrity; an area which needs early attention.
• Own and develop commercial reporting. Foster a business partnering approach to providing FP&A support to the departmental heads (e.g. pricing, margin, category reviews, order outlook). Analyse business and market trends.
• Lead, develop and mentor direct reports
• Delivery of budgets and forecasts, including weekly short-term cash flow forecast. Create appropriate financial models.
• Developing robust monthly reporting to a common format with common KPIs
• Group treasury activities – foreign exchange hedging, cash management, lender reporting, bank relationships, covenant compliance
• Year end audit & operational relationships with external auditors and other advisers
• Provide commercial support with business change projects – e.g. evaluating and implementing new sales channels
• Responsibility for tax matters and relationships with tax advisers

The Candidate

• Likely to have a practice background with one or two subsequent roles in consumer-focused businesses although open to relevant backgrounds
• Direct to consumer/eCommerce experience an advantage.
• 7+ years PQE
• Demonstrable record of improving finance functions and dealing with the challenges of a growing company
• Will be familiar with leveraged environments and dealing with bank reporting and financial covenant compliance.
• Understands cash management, cash forecasting, understands the levers and drivers of cash performance
• Very strong excel, confident user of financial systems. Microsoft Nav experience an advantage.
• Strong interpersonal skills, highly effective communicator

Location: Cheltenham Area

Salary: Competitive package and salary.

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