Finance Director – Motor Trade

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    1 month ago
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My client is a rapidly expanding, privately owned Group of businesses, growing both organically and via acquisition across a diverse range of industries sectors located around Newcastle upon Tyne

Due to continued growth, they have now engaged FRS to deliver the recruitment of a Financial Controller / Finance Director to join the group with responsibility for the day to day management and financial leadership of their Motor Retail side of the Group.

Working closely with the MD / Owner, this is a key role to the business, taking the financial stewardship of a industry leading dealership coupled with continuous improvement and delivery of projects.

• Report directly to the MD for a sizable, and a prep centre
• Direct management of 3 staff, to include reorganising workloads to become a more efficient and effective team
• Responsible for the timely production of month end management accounts, together with analysis of variances and commentary
• Preparation of annual budgets for all group dealerships
• Preparation of weekly and quarterly forecasts (cash and profit)
• Responsible for all balance sheet reconciliations, being completed diligently at all sites monthly
• Responsible for maintaining working capital levels within budget – Key areas of working capital are reviewed locally and reported each Friday, and follow up unusual items. Sales and purchase ledgers are also reviewed in detail at the monthly accounts / operational review
• Liaise with auditors at year end
• Develop the financial understanding of non-financial managers
• Provide analysis of performance, and to enable focused drive of business improvement
• Work closely with senior leadership team, and provide input on group’s continued expansion, include M&A Activity
• Assist with forthcoming delivery of new DMS migration project across the Group

The ideal candidate will be an experienced commercially focused finance leader, with a proven history of leading a team and driving continuous improvement and expansion.

Candidates will ideally be qualified, however those that are P/Q, Stop Studier or QBE with demonstrated experience gained in a similar role within Dealership / Motor Trade will be considered.

In return, a competitive basic salary coupled with generous package and scope to really impact and drive the business forward can be offered.

Disclaimer - FRS strives to be an equal opportunities employer and is committed to treating all applicants alike. FRS does not treat any individual on grounds of sex, age, colour, marital status, race, nationality or ethnic or national origin, religion, sexual orientation, disability or membership or non-membership of a trade union, less favourably than others. All vacancies advertised are open to all ages.