Manufacturing Builders Merchants Company
Reporting to the Managing Director the Finance Director is a key member of the regional management team, acting in a business-wide role to proactively support the to maximise delivered value.
Work to protect the assets of the business, ensure compliance with financial regulation and ensure appropriate care and diligence is taken in the corporate governance of the region.
Considerable post-qualified experience gained from both business finance/performance roles and accounting & financial control roles.
* Qualified ACA, ACCA or CIMA
The Finance Director will have a deep level of operational knowledge, to enable critical review and challenge of key decisions and information across all functional disciplines within the business unit .
The role leads the finance function and financial capability for the region, providing business and performance insight and challenge. The Finance Director is a steward for the business with an eye to promoting governance in the BU, and provides a business and financial control ethos. However, importantly, the Finance Director is also a catalyst for accelerating value optimization in the business, on behalf of the shareholders.
* .Provide financial oversight and final recommendation which considers all key business aspects, to the MD.
* Lead the business planning process. Review and challenge operational assumptions with the BUMT before critical decisions are taken, and for inclusion in plans and forecasts. Provide accurate and insightful financial information to support the creation and articulation of the business plans.
* Challenge and encourage the business unit to optimise value from the landbank, delivering the anticipated financial performance, but maintaining the Group’s customer centric ethos.
Together with the MD, lead the development of the BU business strategy, in conjunction with the wider BUMT. Support the strategy with financial analysis.
Provide critical oversight of the core finance outputs and processes operated by the Finance Manager and team.
* Provide an overview to ensure robust financial processes and controls are consistently maintained.
* Work with the BUMT to actively identify business risks, driving possible mitigating solutions well in advance of potential risks crystallising. Horizon-scan for potential opportunities for the business to deliver, to help shape the future of the business.
* Create a team of suitably qualified and experienced finance staff and develop both technical and soft skills in the team.
* Drive the attraction and retention of key talent within the Finance function through a positive and engaging approach.
Partnering the MD on all new business decisions, including land acquisitions.
* Sign off the financial models, having considered financing options and cash flows, timescales, tax implications and accounting implications. Write the final recommendation to the MD which considers all aspects of the deal, including technical, commercial, sales, as well as finance elements.
* Obtain a true understanding of costs and risks for each site, drawing on knowledge from regular site visits. With this background, provide active review and challenge of the costs incurred to date/ cost to complete projections for each site (Cost Value Reconciliations (CVR) prepared by the Commercial team). Attend P&L meetings, and, challenge whether cost excesses/savings are expected and should be recognised. Look for trends in production differences, necessary fixes and expected cost changes.
* Working with the Production and Sales Directors, ensure the sequence of site delivery considers the appropriate risk factors, but optimises site ROCE