Job Description: Finance Director
Location: Watford, Hertfordshire
Company: Electronic Retailer
Position Summary:
We are seeking a highly experienced and strategic Finance Director to join our electronic retail company based in Watford, Hertfordshire. As the Finance Director, you will play a crucial role in driving the financial success and growth of the company. Reporting directly to the CEO, you will be responsible for overseeing all financial operations and providing key insights and recommendations to support business decision-making. This is an exciting opportunity for a dynamic finance professional to contribute to the strategic direction of a leading electronic retailer.
- Financial Strategy and Planning:
- Develop and implement financial strategies, policies, and procedures to optimize the company's financial performance and drive growth.
- Collaborate with the CEO and executive team to develop and execute the company's strategic plans and objectives.
- Conduct financial analysis and forecasting to support strategic decision-making and identify areas for improvement.
- Manage the annual budgeting and planning process, ensuring alignment with strategic goals.
- Financial Management:
- Oversee the preparation of accurate and timely financial reports, including management accounts, financial statements, and cash flow projections.
- Monitor and analyze financial performance, identifying trends, risks, and opportunities, and provide actionable recommendations to improve profitability and efficiency.
- Ensure compliance with accounting standards, tax regulations, and other legal requirements.
- Cash Flow and Working Capital Management:
- Develop and implement effective cash flow management strategies to optimize liquidity and support operational needs.
- Monitor cash flow performance, identify potential risks or constraints, and recommend appropriate actions to ensure financial stability.
- Financial Controls and Risk Management:
- Establish and maintain robust financial controls, ensuring compliance with internal policies and external regulations.
- Identify and mitigate financial risks, implementing appropriate risk management strategies.
- Collaborate with internal and external stakeholders to address financial compliance matters.
- Stakeholder Management:
- Build and maintain strong relationships with key stakeholders, including banks, auditors, and regulatory authorities.
- Serve as the primary point of contact for financial matters, representing the company in financial negotiations and collaborations.
- Team Leadership and Development:
- Lead and develop the finance team, fostering a high-performance culture and providing guidance and mentorship.
- Support the professional growth and development of team members.
- Foster cross-functional collaboration with other departments to ensure integrated financial planning and reporting.
- Bachelor's degree in Finance, Accounting, or a related field; professional qualifications (e.g., ACA, ACCA, CIMA) are highly desirable.
- Proven experience (minimum 10 years) in a senior finance leadership role, preferably within the retail or consumer electronics industry.
- Strong financial acumen with a solid understanding of financial management principles, practices, and regulations.
- Demonstrated ability to contribute to strategic decision-making and drive financial performance.
- Experience in financial planning and analysis, budgeting, and forecasting.
- Sound knowledge of working capital management and cash flow optimization.
- Excellent leadership, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Proficiency in financial software systems and advanced MS Excel skills.
Finance Director, Watford, Hertfordshire
As the Finance Director of our electronic retail company, you will have a significant impact on the financial success and strategic direction of the organization. If you are a results-driven finance professional with a passion for the retail industry, we invite you to apply for this exciting opportunity in Watford, Hertfordshire.
£80,000 - £90,000
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