Fractional FD - 3 Days/Week

Location
Central Manchester
Salary
£650/day Professional Day Rate; 3 Days Per Week.
Posted
29 Aug 2024
Closes
05 Sep 2024
Ref
MC2276
Job Title
Finance Director
Category
Technology
Experience Levels
Director
Contract Type
Permanent
Hours
Part Time

My client is a University spin-off fast expanding, award-winning specialist Industrial Technology SME based in Central Manchester. The entrepreneurial CEO has secured VC/PE backing and a range of Innovate Grants to support their clearly planned powerful growth strategy, both in the UK and Internationally.

In order to support and facilitate the profitable business growth, the company is now looking to appoint its first Fractional FD/CFO (3 days per week).

The focus of this key new role will include:

  • Working v closely as "right hand" to the CEO/Board.
  • Manage and develop a small efficient Finance team.
  • Contract Management - review pricing/margins and also support new Tenders/Bids for a range of renewal and larger new client Contract "wins". 
  • Develop SaaS recurring revenue charging model.
  • Oversee the production of timely and insightful MI/KPI's.
  • Cashflow control.
  • Attendance and reporting at Monthly Board Meeting.
  • Key point of contact with all professional stakeholders - VC/PE partners, Bank, Innovate Grant/Loan funders, Auditors, Tax Authorities etc.
  • Take the lead in securing future additional Series B PE funding to fuel the ongoing growth strategy.  
  • Overall, to play a key role in supporting the company's ongoing profitable growth journey leading to an optimal exit strategy within the next c 5 year period.

My client seeks an experienced Portfolio/Fractional FD who can demonstrate a successful track record of scaling early stage ambitious SME's to achieve sustainable profitable growth.

This permanent new Fractional role will be based on-site in Central Manchester for initially 3 days per week ongoing - start date beginning of October.

Professional day Ltd co. rate: £650/day.

Please send your CV and best contact no. in confidence to Martin Morgan, the advising Consultant - all relevant Fractional SME FD's can expect a prompt direct response.