Part-Time Head of Finance

Do you need a Part-Time Head of Finance for a strategic, commercial and financial management role? If so then reach out to us today.

We have lots of acquisition, disposal, profit improvement, systems and cash flow management experience, both in private/family owned limited companies and groups.

The role of Head of Finance is comparable to that of a CFO or Finance Director. However, a company may differentiate the roles according to their needs and leadership hierarchy. A Head of Finance is responsible for ensuring that the company is profitable by working in partnership with its executives to develop a proactive financial strategy.

They’ll ensure the company maximises its revenue with lucrative opportunities and sound investments. A Head of Finance will work with other financial professionals, including the Financial Controller, to ensure that the company complies with regulatory measures and government requirements. They’re also accountable for the company filing accurate financial reports.

A Head of Finance will collaborate with other executives to maximise value creation and incorporate consumer research and market trends into the company’s financial strategy. They need to have a commercial mindset, alongside analytical forecasting skills. The difference between a Head of Finance and a Financial Controller is that they are responsible for risk management and identifying new revenue opportunities.

A part-time Head of Finance is responsible for ensuring the company’s profitability through risk management and investment opportunities. The day-to-day responsibilities of a part-time Head of Finance are comparable to those of their full-time counterparts. They are usually hired by start-ups and SMEs who don’t have the workload or financial capability to recruit a full-time Head of Finance.

The role of Head of Finance will vary depending on whether the company operates in the public or private sector. Responsibilities include:

• Budgeting for the company, on an overall and departmental level, including making appropriate cost reduction recommendations.
• Developing and implementing strategies to maximise value creation, increase revenue, and reduce operating costs.
• Commercial decision-making, including pricing, tender, and margin analysis.
• Ensuring the company maintains sufficient cash flow.
• Preparing the company’s business activity reports and financial statements to present to the board and stakeholders.
• Risk management analysis and implementing appropriate systems.
• Managing the auditing process, including working with external auditors if necessary.
• Overseeing the company’s accounting and budgeting, including collections, and taxation information.
• Overseeing the company’s taxation filing and making appropriate recommendations.
• Overseeing development, recruiting, mentoring, and training for employees in the company’s financial department.
• Investment appraisals and analyses, including proposing opportunities to grow the company through appropriate investments.

It’s easy to confuse the role of Head of Finance with that of CFO. Large companies may have both a Head of Finance and a CFO. However, in smaller companies, a Head of Finance may take on many of the responsibilities of a CFO and vice versa.

There are differences between a Head of Finance vs. a CFO. A CFO becomes the face of the company’s financial activity and focuses on developing long-term strategies, prioritising ROI, forecasting, and growth. They’ll build relationships with financial institutions, potential investors, and stakeholders.

By comparison, a Head of Finance is responsible for the company’s day-to-day financial management and oversees the financial department. Smaller companies may merge the two roles and use the terms Head of Finance and CFO interchangeably. If companies have both a Head of Finance and CFO, they’ll work closely together with the CFO focusing on the wider commercial picture and taking a wider leadership role.

Here are just some of the benefits

Acquisitions and disposals specialist plus turnaround situations.

FD Capital is the UK’s leading financial recruitment agency with an extensive talent pool of financial professionals, available to hire for the role of Head of Finance on a part-time, full-time, and interim basis, both in-house and remotely. Start the process of recruiting a part-time Head of Finance by contacting our team at recruitment@fdcapital.co.uk or 020 3287 9501 for a no-obligation consultation.

FD Capital started out in 2018 focussing solely on Part-Time roles so unlike some of our competitors we are really focussed on this niche, and have a large number of part-time professionals available in our network, over the years we have also built up an extensive database of candidates so we quickly find you the ideal candidate. Speak to our team today and let us show you what we can do.

If you are considering a Part-Time Head of Finance, why not reach out today to our team for a no obligation initial discussion. We are based in Great Portland Street, London, with an office in the Shropshire area servicing the West Midlands and a network of Head of Finance around most of the UK.

Call our main number on 020 3287 9501

Have one of our specialists call you back to discuss your hiring needs.