Finance Director
In business, every major financial decision a company makes has a profound effect on its profitability, or even its survival. Big decisions about expansion, restructuring, new product ranges, setting up in new territories and the really tough decisions like mass redundancies all need to be financially justified to the company, shareholders and sometimes the public. It’s the finance director’s job to oversee those decisions.
Finance director jobs are usually part hands-on financial analysis and decision making, and part overseeing a team of finance managers, departmental managers and accountancy departments. As a board member, they will have plenty of sway, but must also be in charge of implementing company-wide policies from a financial standpoint. They will know when to sit down and crunch the numbers themselves, and when to delegate the tasks to trusted lieutenants who can deliver sound, evidence-based figures on which to base those key decisions.
The skills required of the finance director
Clearly, the role of finance director is reserved for those who are highly experienced in overseeing the financial matters of large organisations. You won’t necessarily need to be a director already, but you will have to have proved that you understand business economics inside and out, and that you have had to make tough financial decisions and seen them through, gathering evidence, presenting your case and analysing results.
You’ll also be a great communicator and negotiator, as you’ll often be meeting with banks, shareholders, other board members and managers to both listen and to instruct on financial decisions. Many businesses require a BA in finance, accounting or business before this role is considered.
Finance Director Jobs in Newcastle upon Tyne
Newcastle upon Tyne has long been an important location in Britain. During Roman times, a fort called Pons Aelius was erected and served as the eastern end of Hadrian's Wall, while the Duke of Normandy built a castle here in 1080.
In the Middle Ages, Newcastle was a fortress on the northern border during the wars against Scotland. By the 16th century, the area had become known for its coal production. The city enjoyed a monopoly on shipping the fuel and thus created a rivalry with other nearby towns like Tyneside and Sunderland.
Printing, glassworks and shipbuilding were a big part of the city's economy as the Industrial Revolution took hold. Then, 19th century innovations such as safety lamps, improved milling techniques, electricity generation and light bulbs paved the way for the city's prosperity.
Of course, you can't forget one of Newcastle's most beloved products: Newcastle Brown Ale. Also known as Newkie Broon, this drink first went into production in 1928 and has been a favourite beverage ever since. Production, however, has been moved to North Yorkshire.
Today, the Tyneside conurbation is among the 10 most populous in the UK, making it a good choice for those seeking new Finance Director vacancies.
Heavy industry has declined over the last 50 years, to be replaced mainly with retail and the service sector. Just some of the many companies that are headquartered or have regional offices in the city include Greggs the baker, the Go-Ahead Group, Northern Rock, Proctor & Gamble UK and Sage, an enterprise software company.
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Finance director recruitment at Cast UK
At Cast UK, we understand how difficult it is to find high-calibre candidates to interview for critical roles like this. That’s why as an agency, we have always focused on the upper echelons of business, namely executive and managerial positions. So if you’re looking for the perfect finance director for your organisation, call 0333 121 3345 and we can deliver exactly those A1 candidates you’re looking for.
If you are a finance director or have a CV that proves you’re ready to become one, we want to hear from you – as do some fantastic businesses up and down the country. Please register with us by following the link below.
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