Triangle Recruitment are looking to recruit a Head of Finance. Our client is part of a global Organisation, a leading manufacturer of construction equipment with over 8 years of presence in the UK market. The company is reshaping its organization and culture to focus on results-driven performance and market leadership, delivering innovative solutions to the construction, demolition, recycling, and rental sectors.
With considerable growth opportunities ahead, they are building on its strong foundation and investing in its future through a dynamic and market-driven approach.
About The Role Our client is at a pivotal moment in its growth journey. The company is transitioning from a direct sales model to a hybrid approach, building sales channels through regional dealers. With a robust growth trajectory and exciting product launches planned over the next five years. This role offers a unique opportunity to drive financial strategy and growth.
They hold a strong market presence in Wheel Loaders and Excavators, serving the plant hire, rental, demolition, and recycling sectors. The company is poised for significant expansion, with the Finance Director playing a key role in shaping the business's future.
Key Responsibilities
1. Strategic Financial Leadership Develop and execute financial strategies to achieve the companys 20% annual growth target.
Provide financial insights and recommendations to the Managing Director and European CFO for informed decision-making.
Align financial planning with the companys transition to a hybrid sales model.
2. Financial Planning and Analysis Prepare and manage annual budgets, forecasts, and long-term financial plans.
Conduct variance analyses and provide actionable insights to improve financial performance.
Lead financial modelling for product launches, market expansion, and dealer development.
3. Inventory and Asset Management Over see the annual inventory stock-taking process, ensuring accuracy and adherence to company policies.
Implement inventory control measures to minimize losses and improve working capital efficiency.
4. FX Management and Mitigation Develop and execute strategies to manage foreign exchange(FX)exposure and mitigate currency risks.
Collaborate with HQ to implement hedging or other mitigation strategies.
5. Operational Finance Management Monitor cash flow, working capital, and liquidity to ensure financial stability.
Optimize working capital, including inventory, receivables, and payables.
Oversee rental location financial operations, ensuring alignment with corporate goals.
Lead credit control and accounts receivable processes, focusing on AR reduction and dealer credit management.
6. Reporting and Compliance Ensure timely and accurate preparation of financial statements in compliance with UK and international accounting standards.
Manage monthly, quarterly, and annual reporting to local and regional stakeholders.
Oversee tax planning, compliance, and reporting.
7. Team Leadership and Development Manage and mentor a team of four finance professionals, fostering a results-oriented culture.
Build organizational capabilities in financial planning, analysis, and reporting.
Champion professional development within the finance team.
8. Business Transformation and Restructuring Support organizational restructuring to align with new business objectives.
Drive financial governance and process improvements to enhance operational efficiency.
Contribute to fostering a results-driven, sales and marketing focused culture.
9. Growth Enablement Partner with sales and marketing teams to align financial strategies with revenue targets and market expansion plans.
Provide oversight for new product launches, including cost analysis, pricing strategies, and investment planning.
Identify and capitalize on growth opportunities in plant hire, rental, demolition, andrecycling sectors.
10. Risk Management and Controls Identify financial risks and implement mitigation strategies.
Develop and maintain robust internal controls to safeguard company assets.
Oversee audits and ensure compliance with company policies and external regulations.
Qualifications and Experience Qualified accountant(ACA,ACCA,CIMA) with significant post-qualification experience.
Proven track record in a Finance Director or senior finance leadership role, ideally in construction equipment, heavy machinery, or related industries.
Experience in managing working capital, FX exposure, and inventory processes.
Demonstrated expertise in supporting organizational transformation and growth, particularly in transitioning sales models.
Strong knowledge of UK & International accounting standards and financial regulations.
Experience in leading and developing high-performing teams.
Experience of working internationally, with experience of Chinese business
Preference for candidates with Chinese language skills and strong cross-cultural communication abilities.
Key Attributes Strategic mindset with a hands-on approach.
Strong analytical and problem-solving skills.
Results-oriented with a focus on driving performance and accountability.
Excellent communication and interpersonal skills to manage stakeholder relationships across levels and cultures.
Package
Salary upto £90K
Pension Scheme
Private Healthcare
15% Performance Related Bonus - upon achieving KPI's
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