Chief Finance Officer
Keeping on top of the balance sheet is about as essential a job as it’s possible to have for a business. Whether it’s a profitable company already or a startup that’s running on loans and investment, unless every penny of income and expenditure is accounted for, it’s going to hit financial problems. That’s why large companies have a whole team of people working in the finance department, and overseeing them is the chief financial officer (CFO).
CFO jobs aren’t just for accountants who want a bigger desk, of course. They are embedded in the whole fabric of the company’s financial wellbeing and decision making. They will be in charge of risk management, financial planning, green-lighting investment proposals, budgeting, overseeing payroll and taxation, and will often be actively seeking new investment in the company.
In large companies, the CFO will be overseeing managers, who in turn will be in charge of finance staff ensuring every invoice is chased up and every bill paid, but the grand financial strategy of the company will be in their hands.
CFO jobs: the skills required
Chief financial officer positions go to professionals with a track record in balancing the books of a major business, whether that’s running one themselves or rising through the ranks of accountancy, financial officer roles and other similar career paths.
You’ll be highly adept at data analysis – managing the finances of a company is part science, part instinct, and you’ll need to be able to analyse proposals with an open but critical mind. CFOs are mostly educated to BA or MA level, preferably in finance, accounting or economics, or perhaps also mathematics or some subject closely related to the company’s niche.
Chief Finance Officer Jobs in Sunderland
A local district in the county of Tyne and Wear, Sunderland is situated at the mouth of the River Wear and for hundreds of years, the region served as a port, mainly trading products like coal and salt.
Throughout the Industrial Revolution, Sunderland's economy was based on industries like brewing, glassmaking, pottery and rope making.
From the 14th century onwards, Sunderland was also an important place for shipbuilding. In 1814, there were 24 shipyards in the region and by 1840 this number had risen to 65. By the middle of the 20th century, a significant portion of the country's merchant and naval ships were produced here.
The last of the shipyards, however, closed in 1988 and much of the other heavy industry has also disappeared from the region. Today, the economy of Sunderland is now mainly based in the service sector, although a number of factories and production facilities still exist.
Those seeking Chief Finance Officer roles in Sunderland will have a range of options to consider and a number of companies operate regional offices, warehouses and other facilities in the region - including Littlewoods and LG Electronics.
Berghaus, an outdoor clothing manufacturer has its head office in Sunderland and so does Arriva, the public transport company. The 2 Sisters Food Group, which supplies poultry, fish, chilled and frozen items and bakery goods to supermarkets, also has a site here.
Meanwhile the Nissan car plant in Sunderland is the largest factory of its kind in the UK and produces vehicles like the Micra, Note and Qashqai.
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CFO jobs at Cast UK
At Cast UK, we’re used to dealing with candidates looking for CFO jobs and employers seeking the best applicants. So whether you’re running the recruitment for a business and need some top talent in your finance department or have the skills and need new challenges, we’re here to help.
Employers should call 0333 121 3345 so we can start matching up your business needs with those of the executive and management level candidates who use our services. If you’re looking for employers who deserve your talents, register with us today by clicking the link below, so we can help to get your CV in front of the decision makers in some of the world’s best companies.
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