Finance Director
- Recruiter
- Morgan Financial Search
- Location
- Stoke on Trent
- Salary
- To £120k + Car + Bonus + Equity
- Posted
- 01 Dec 2016
- Closes
- 08 Dec 2016
- Ref
- MC3277
- Job Title
- Finance Director
- Category
- Manufacturing / Engineering
- Experience Levels
- Director
- Contract Type
- Permanent
- Hours
- Full Time
My exclusive client is a high quality and profitable independent Heavy Engineering company based in Stoke on Trent. The inspirational MD has set a clear and ambitious growth strategy, supported by new PE investment, to further develop their state-of-the-art Production facilities and integrate selective acquisition targets in order to become a dominant market leader in their field, with a view to enhancing enterprise/shareholder value resulting in a future successful future Trade Sale or Secondary PE exit.
A high calibre Finance Director with relevant specific experience in a Contract Manufacturing/Engineering related environment is sought to operate as a key business partner to the MD to steer the company through this exciting and challenging "journey".
Key responsibilities/challenges will include:
* Develop a first class Finance team to ensure the production of robust financial and management information.
* Develop KPI's to improve WIP/Costing control and performance of large bespoke Engineering projects.
* Proactive Cash-flow management.
* Develop the ERP system & entire business infrastructure to establish industry leading levels of efficiency in readiness for PE investment within the next 12 months.
* Operate as the key point of contact to all professional stakeholders - Bank, Auditors, Tax, Legal, CF Advisors and future PE investment partners.
* Develop the business plans and related IM documentation to present to various PE firms and other potential funders, to attract the necessary inward investment.
* Manage the capital investment programme to ensure the further development of world class Heavy Engineering production facilities and delivery.
* Conduct DD on targeted acquisitions and successful integration.
* Overall, to support the MD to ensure the profitable growth and development of the business and play a key role in the future Sale process to achieve a successful exit strategy within a c 5-6 year horizon.
Candidate Profile:
* Successful FD with experience at Manufacturing site level within a Contract Engineering sector environment.
* A confident and energetic hands-on operator who can clearly demonstrate an impressive track record of business turnaround, re-structuring and growth resulting in top and bottom line operational & profit optimisation.
* Experience of dealing with a range of professional stakeholders, including CF advisors & PE investors.
* M&A experience re successful acquisitions/integrations.
* Ideally, previous direct experience of steering a PE backed company to a successful exit.
* Overall, a robust, highly capable and commercially switched on professional with the experience and "can do" personality/approach to achieve this challenging brief.
In return, my client offers a competitive salary package and the incentive of Equity participation on securing the injection of new inward PE investment. As such, this represents a rare and exciting career & potential personal wealth opportunity.
Please send your CV in strictest confidence to Martin Morgan, the retained consultant. All strong candidates who match the specific candidate profile highlighted above can expect a prompt personal response.