Finance Director

This well invested, and prominent Glasgow based commercial insurance broking organisation have a brilliant platform to execute their significant growth plan over the next 5-7 years and have an opening for you to join them to help define, implement and drive the finance strategy for the business.
While professional experience and qualifications are key for this role, make sure to check you have the preferable soft skills before applying if required.
Here you’ll enjoy the vibrant, fast-moving culture whilst working along side a team of 25 insurance professionals, all driving toward the common goal of growing the business to a 7 figure revenue operation.
The firm have undertaken a recent management restructure to prepare them for their next phase of organic and acquisition growth with a longer-term exit planned which will see you reap a significant reward moving forward.
Reporting directly to the CEO, you’ll work on a hybrid basis with 2 days pw in the Glasgow offices and 3 days from home with a varied remit including the day-to-day leadership of the finance function with strategic work encompassing acquisition planning and negotiations and relationship management of PE backers.
Objectives of this role
Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy
Coordinate development of annual operating, capital, and budgets as well as reporting for the same
Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organisation
Develop and implement best practices and tools to ensure a well-controlled yet flexible organisation that has strong fiscal management, project coordination, cross-team communications, and workflows
Responsibilities
Working with CEO to develop budget proposals and provide access to project finance information
Analysing internal operations and identify areas for cost reduction and process enhancement
Managing the finance team on a day-to-day basis
all reconciliations are maintained and up to date and fully investigate and correct any issue that arise out of those reconciliations in a timely manner.
the collection of debts from clients
monthly payroll and payables to suppliers and administering the Xero accounting system
in ensuring that the company operates all compliance processes as required by a FCA registered business and that all financial reporting to regulators such as FCA are completed and submitted correctly and on time.
with external agencies such as HMRC, Banks, Broker Network, lawyers, investors
the Company Secretarial records for the business
as a member of the risk committee reviewing and approving all contracts and agreements for the business and considering complaints and agreeing outcomes from investigations
Required skills and qualifications
Five or more years of experience in executive leadership roles
Excellent leadership skills, with steadfast resolve and personal integrity
Exceptional verbal, written, and visual communication skills
Understanding of advanced accounting, regulatory issues, and tax planning
Compliance
Be aware of the contents of the company’s Guides to Best Practice and ensure a full understanding of those relevant to the role. Ensure compliance to the company’s employment policies and procedures as contained within the Employee Handbook.
Ensure compliance with the Individual Conduct rules and Conduct policies.
Ensure all other company practices and procedures are followed and adhered to.
Where appropriate take responsibility for meeting the reporting requirements of the FCA
Where required ensure staff are adhering to FCA compliance. Perform regular file and sales audits.
The salary here is around £75,000 and the firm are ideally looking at a start date in July 2024.
For full details please get in touch with Stuart McKenna of IDEX Consulting on 07487706391 / #####