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Wholesale Distribution CFO

  • Location: South East England
  • Salary: £150000 - £180000 per annum + +Equity
  • Job type: Permanent
  • Ref: TA:5872
  • Recruiter: Marks Sattin Executive Search
This vacancy has now expired.

A PE backed wholesale distribution company is looking for an experienced Chief Financial Officer with previous experience in company turnaround and transformation. This business is looking for a CFO who will help with restructuring and refinancing, along with cost cutting in order for a company turnaround.

Responsibilities of the CFO will include:

  • Leading the finance team
  • Being prepared to investigate, analyse, and interpret all of the company's vital information in order to inform long term strategic decision making and planning.
  • Take control over statutory financial reporting and day to day relationships with auditors and banks.
  • Establish appropriate KPIs and monitoring targets.
  • Take responsibility for budget preparation, monitoring performance and addressing issues where relevant.
  • Control of inventory levels, warehouse costs both in the UK and internationally, and stock valuation.
  • Tighten up controls, assess data robustness, and be able to retrieve accurate up-to-date data at short notice.
  • To act as a leader, with commercial insight, to set up and lead weekly/monthly meetings with management.
  • To understand IT systems in order to assess whether they can cope with business demands, future proof the system, budget for the costs and monitor spending on IT.

The Ideal Candidate will:

  • Be a Qualified Accountant (ACA/ACCA/ACMA)
  • Have extensive, and a proven track record, of working with both Private Equity and in a distressed situation.
  • Prior experience improving business performance in a highly challenged market
  • Been in Autonomous FD/CFO role previously
  • Experience in a complex financial environment

Please note that due to the high volume of applicants only successful candidates will be contacted with further information about this role.

Marks Sattin Executive Search is part of a leading specialist financial recruitment business with offices in six countries around the world. We form an integral part of the GI Group, which is a rapidly expanding, global search and selection business. Our team exclusively recruits CFO's and FD's into businesses across a wide range of sectors, mostly focused on change (including exit and growth). We continue to expand our network; providing finance professionals for PE backed, privately owned and listed businesses.

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