I get asked a lot about Brexit and how it is impacting on FD recruitment at the present time. January was a very busy month as it usually is with plans being on hold over Xmas coming forward, February 2019 was a strange month a lot of interesting discussions but a lot of holding back until things are clearer.
My view is that Portfolio Finance Directors are going to be busier than ever in 2019 as the reluctance to commit to full time and more expensive Finance Director gives way to organisations prepared to try a Finance Director for 2 or 3 days a week.
Working reduced days does not necessarily translate to less value as it means the Finance Director concerned has to focus more on decision making and strategy and enable the team to deliver much more of the day to day task themselves, this works well if there is an experienced Financial Controller or Finance Manager in place, they can be free to crunch their numbers and manage the team day to day and interface with the FD in a more focussed way in the reduced time he or she works.
From the FD’s point of view they are working 4 or 5 days per week still but job split between several organisations, in that way their higher skills are better utilised and often their remuneration is higher overall as a result.
Once we have clarity on Brexit which probably knowing Europe means a last minute deal a few days before 29th March, there will be a period of relief and plans that have been on hold will get dusted down and implemented.
I really believe Brexit will be beneficial to the UK in the long term, but 2019 will be a year of transition and uncertainty. I expect the interim and Portfolio markets to do very well and the Perm market to get back to normal after the summer holidays so around Sept 2019 onwards.
If you are looking for a flexible, friendly and professional Portofolio Finance Director then reach out to me today using the contact us form on this website.