CFO

This PE-backed, consumer services organisation, with an EBITDA of c£3m, has secured Private Equity investment that will facilitate substantial growth which will ultimately lead to an exit event once the EBITDA has reached c£15m. The strategy is based upon strategic acquisitions as well as organic growth throughout the UK.

Their well established board are seeking to recruit a highly commercial CFO that can be part of this challenging project and the main responsibilities will be:

• Group Board Director reporting to the CEO.
• Development, monitoring, reporting and interpretation of business KPIs.
• Accurate reporting (statutory, management, investor, debt provider), including annual audit.
• Participation in Group strategic and tactical planning and decision-making.
• Presentation of financial information, internally and externally, including:  
• Preparation and presentation of detailed annual budgets and 3-year forecasts.
• Presentation, interpretation and oversight of the preparation of monthly management accounts, including P&L, B/S, cash-flow, capital expenditure performance monitoring vs. budgets and forecasts and reporting and forecasting performance vs. bank financial covenants.  
• Preparation, interpretation and presentation of regular and ad-hoc information/papers for investors and banks/finance providers as required.

• Support for acquisitions/projects, including preparation of ad-hoc information/papers.
• Preparation of information to support the sale of the business in due course.
• Assist with the identification, assessment, deal structuring, negotiation, due diligence and integration of acquisitions, including the preparation and presentation of investment cases.
• All stakeholder management.

The successful candidate will have the following background and attributes:

• A qualified ACA.
• Experience at main board level within a PE-backed or owner-managed business.
• A track record of managing growth.
• An understanding of contract-based business models.
• Be resident in the north east or be prepared to work there during the week.

The package will also offer an equity incentive and interested candidates should forward their CV outlining their relevant experience, location, notice period and current package.