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 West Bromwich
Only five miles north-west of Birmingham, West Bromwich is a large town that offers a number of options for those seeking Finance Director roles.
For hundreds of years, West Bromwich was mainly an agricultural area and the town first rose to prominence during the 19th century when deposits of coal were discovered in the region.
It grew quickly as a coal mining town and associated industries also arrived. Indeed, the area became known as the Black Country due to the smoke and soot that resulted.
Until the latter half of the 20th century, West Bromwich's economy was based mainly on manufacturing, with one of its main products being metalwork for the automotive industry. Textiles and chemicals were also produced.
The town suffered significant job losses during the 1970s, as more and more factories were moved to locations abroad in order to make use of cheaper workforces.
Today, West Bromwich's economy is mainly based in retail and the service sector; this is particularly due to recent investments to regenerate the area - with large shopping centres like Queen's Square. West Bromwich Building Society has been based in the town for more than 160 years, while the region's main employers are based in the public sector, including Sandwell Metropolitan Borough Council.
Manufacturing, however, does still play a part in the local economy, with products including building supplies and technology.
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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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