Head of Finance
Occupying a position below the board but with a huge amount of responsibility, the head of finance for a company is mainly responsible for gathering financial information from the business and reporting the data to the board. They might also be involved with decision making where finances are concerned, but they will usually have to defer to the CEO, COO or CFO, and might therefore be employed in an advisory role.
The head of finance will also be involved with forecasting, both in the company’s own activities and with regard to the region or wider world. While forecasts are not always strictly scientific, they must be informed and educated enough to make a case for the board to make spending and investment decisions on their basis.
In some head of finance jobs, there is, however, a good deal of autonomy to make decisions without daily reference to the board, within certain budgetary and projected constraints. It depends on the size and structure of the business.
Head of finance skills
As head of finance, you’ll have to be extremely adept at all manner of accountancy, bookkeeping, forecasting and reporting. Experience at a senior level within the financial department of a large business will stand you in good stead, although everyone has to start somewhere, so a specific head of finance title is not always requested, as long as you have a proven track record of financial management.
As far as qualifications are concerned, a BSc/BA in accounting or finance will often be a minimum requirement, but other related qualifications and experience will also be considered in many cases.
Head of Finance Jobs in Derry
Derry is often called Londonderry after being granted a royal charter by James I (and is called Derry-Londonderry on its UK City of Culture 2013 website). The county, city and district variously share the name, but they all refer to the same place. Derry was the last city in Europe to be walled, in the early 17th century, and most if not all of the wall remains today. It was an important seaport, and played a huge part in World War II owing to its position as the westernmost port in the UK, indeed Allied Europe, as Iceland was neutral.
In peacetime, the city had a reputation as a shirt maker, with several factories springing up to make men’s shirts for export and domestic use. As with the Northern mill towns of England, however, this industry was all but gone by the 1980s, with most of this kind of work moving to Asia.
An important employer in the city has been Du Pont, who made Neoprene there for years, and more recently switched production to Kevlar and Lycra. There is also a burgeoning hi-tech manufacturing sector in the city. Seagate Technology, one of the world’s top hard disk drive manufacturers, makes more than half of its read/write heads in the Derry factory. The city is also home to Northern Ireland’s largest private company, Desmonds, plus a healthy smattering of multinationals.
With a population of around 100,000, a thriving shopping centre and a good deal of industry popping up in this regenerating city, Derry would appear to be a prime location to look for Head of Finance positions.
Popular locations
Head of finance recruitment at Cast UK
When looking for the right person to fill such a key role in a business, you need as relevant a shortlist as possible so you can decide on the perfect one. That’s where Cast UK comes in. We only work with recruits at senior levels, so you can be sure that any candidates who have been through our filter will be relevant and ready to make a difference. Call 0333 121 3345 to speak to one of our experts.
If you’re looking for your next job as head of finance, we can put you in touch with top companies who need your talents. Please register with us by clicking the link below.
Contact us