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 Telford
A new town situated in Shropshire, Telford is located around 30 miles from Birmingham and is one of the fastest growing settlements in the UK, making it a great choice for those seeking Head of Finance vacancies.
Most of Telford was built in the 1960s and 1970s on what had previously been industrial and agricultural land. However, people have been living in the region for thousands of years and evidence has been found of Roman roads and other ancient settlements. In its early days, the region's economy was based mainly in the mining of coal and ironstone, as well as metalworking.
As a planned town, Telford has been carefully laid out, with loads of residential property and plenty of retail outlets. What's more, the road infrastructure means that it's easy to travel between Telford and other destinations like Birmingham, Shrewsbury and Wolverhampton.
In recent years, further regeneration and expansion have occurred to make the area even more attractive for businesses and residents.
These days, much of Telford's economy is based in the service sector and IT industries. Companies like Hitachi, Maxell and Nokia have offices or manufacturing facilities in the area, while other companies include GKN, Siemens and Fruit of the Loom.
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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.
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