Head of Finance

About Our Client

As businesses in the agricultural and machinery sectors continue to evolve, strategic leadership and financial acumen are critical to navigating the complexities of a rapidly changing landscape. HRN Tractors, a well-established name in the tractor sales and construction service industry, is excited to announce its search for a dynamic and forward-thinking Head of Finance to join their growing team.

Job Description

The successful candidate will likely have the following responsibilities:

Financial Leadership & Strategy:

• Manage a team of five covering credit control, purchase ledger, finance administration and inventory management.
• Provide strategic financial guidance to senior management and support key decision-making processes.
• Develop and maintain strong relationships with the managing heads of individual depots to ensure effective financial service and support.
• Manage company cash flow by reviewing and approving all supplier payment runs.

Financial Reporting & Analysis:

• Prepare full monthly management accounts, including Profit and Loss, Balance Sheet, and Cash Flow analysis, with commentary to provide clear insights into business performance.
• Prepare and review monthly reconciliations and working papers to support the monthly management accounts. This includes typical balance sheet reconciliations, analysis of sales performance and analysis of gross margin performance.
• Prepare monthly management packs for circulation amongst the senior management team. This includes depot specific analysis and wider company performance.
• Prepare and submit monthly and quarterly VAT returns for the group.
• Review and approve company payroll.
• Support the budgeting and forecasting processes for all depots, ensuring financial targets are met and aligned with strategic objectives.
• Provide regular financial updates to senior stakeholders, identifying key areas for improvement and cost-saving opportunities.

Governance & Compliance:

• Oversee the preparation of year-end statutory accounts for the business and liaise with auditors and tax advisors as necessary, ensuring that information is accurate and submitted on time.
• Ensure financial controls are robust and effective, and assist in the maintenance of an appropriate financial control environment across all depots.

Process Improvement & Support:

• Identify and implement process improvements to enhance financial reporting, decision-making, and operational efficiency.
• Work closely with other depot heads to ensure financial systems and processes are aligned and fully integrated into the wider business operations.
• Provide financial insight and recommendations to senior management and other stakeholders to drive better business outcomes.

The Successful Applicant

The successful candidate will likely have the following profile:

• CA / ACA / ACCA qualified (or equivalent) with experience in a financial leadership role. QBE could also be considered.
• Experience in managing and motivating teams, including line management experience.
• Strong understanding of financial management within a dealership or multi-site retail environment (desirable)
• Proven experience in financial reporting, budgeting, forecasting, and management accounting.
• Excellent communication skills, with the ability to present financial information to non-financial stakeholders.
• Experience in managing and improving financial controls and compliance processes.
• Ability to work independently, managing multiple tasks and deadlines.
• Strong problem-solving and analytical skills.
• Proficiency in using financial software and MS Excel for reporting and analysis.

What's on Offer

This role offers a competitive salary DOE plus benefits. Please apply to learn more.