Job Description
Fractional Finance Director
The Converters Home Improvement Group
Dunfermline, Fife
Part-Time / Fractional
Competitive Day Rate: £300 – £500 per day
Self-employed
The Initial Project
An intensive 1-3 week period within the business to establish stronger financial controls, reporting and processes. This is not simply an accounting role-a commercially minded Finance Director is needed to understand how individual divisions perform and provide clear, accurate financial information for better decision-making.
Key Responsibilities:
- Full review of current financial position and processes
- P&L reporting across the Group and individual divisions
- Establishing true gross and net margins
- Job costing and profitability by product/division
- Labour and material cost analysis
- Break-even analysis
- Cash-flow forecasting
- Budgets and financial targets
- Overhead and cost review
- WIP and pipeline reporting
- Financial controls and processes
- Management accounts and monthly reporting
- Creation of simple financial dashboards/KPIs for Directors
- Identifying areas of financial leakage and opportunities to improve profitability
Longer Term
Following the initial project, remain involved with the Group on a fractional basis for days per month, working alongside the existing accounts/administration team while providing higher-level financial leadership and commercial insight to the Directors.
Required Experience & Qualifications:
- Finance Director, CFO, Financial Controller or senior commercial finance experience within an SME
- Experience within construction, home improvements, manufacturing, installations or project/job-costing environment (particularly valuable)
- Strong on margins, job costing and profitability
- Experienced with cash-flow forecasting and management accounts
- Experienced with Xero or similar accounting systems
Required Skills & Attributes:
- Commercially focused and hands-on
- Comfortable challenging existing processes
- Able to turn financial data into clear actions for management
- Comfortable working within a growing entrepreneurial business
Location
Head Office and Showroom based in Dunfermline. Significant on-site time preferred during initial project; longer-term fractional working can be more flexible.
Work Arrangement
In person (on-site during initial project phase)