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 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 Finance Director 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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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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