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Head of Finance

McCulloch Group
Hurlford, Kilmarnock, United Kingdom
Competitive Salary
Closing date
Jun 26, 2024

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Job Role
Contract Type
Full Time
Company Description

McCulloch Group is a railroad solutions specialist established in 1992. Our focus on bespoke and patented machines improves the accuracy and productivity of installations and eliminates manual handling. Our technology ensures worldwide rail track maintenance and construction projects are finished in less time, with reduced operational costs.

Role Description - Head of Finance

This is a full-time role located at our Hurlford office with the flexibility for some remote work, however, we are willing to be flexible on location for the right person.

This is a strategic, leadership role, reporting into the CEO sitting as part of the Senior Leadership team. You will be overseeing the production of the monthly management accounts pack as well as supporting the CEO and leadership team to drive business strategy. You will be responsible for overseeing a team of 8, covering Accounts Payables/Receivables, Payroll, Commercial and Financial & Management Accounting. The role is fundamental in providing accurate financial reporting, enabling the business to make decisions based on robust financial information.

  • Your ultimate goal is to ensure a reliable, efficient, innovative and cost-effective finance and reporting function that enables the business to achieve its growth objectives
  • Monitoring and evaluating financial information systems and processes, as well as suggesting and driving improvements with the support of your functional leads
  • Take responsibility for monitoring and managing the output of the finance team to ensure that it is sufficiently resourced, is operating efficiently and effectively, including financial accounts, management accounts, accounts receivable, accounts payable, payroll, and commercial business support
  • Attend and present regularly at board meetings on the financial health of the business
  • Prepare periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis with supporting commentary for the senior leadership team
  • Oversea the preparation of the annual statutory accounts and lead the external audit process liaising with auditors and tax advisors
  • Take responsibility for both financial and non-financial controls across the business to manage risks.
  • Work with the IT department to seek efficiency gains in all business processes and to implement and enhance system-based controls
  • Develop improved information reporting to support commercial decisions and help identify opportunities to enhance profitability within the business
  • Develop financial forecasts and modelling for potential business opportunities and future growth
  • Ultimate accountability for core finance and reporting tasks ensuring the delivery of finance services; maintains pace with the pace of the business.
  • Demonstrate management presence by role modelling McCulloch core values and leadership behaviours

Qualifications & Skills Required
  • Proven experience as a Head of Finance or a similar position
  • Strong people leader, experienced of managing accounting and commercial teams.
  • Solid understanding of financial management and accounting.
  • Experience in Rail Industry or related industry would be desirable
  • Private Equity experience would be desirable
  • Proficient user of Microsoft packages; Word, Excel and experience of using accounting software
  • Ability to manage changing priorities and workload
  • Ability to be flexible and adaptable with excellent attention to detail
  • Confident, determined and reliable nature
  • Strong analytical and decision-making abilities.
  • Working knowledge of accounting rules and HMRC rules essential
  • Experience of all core operational and accounting business partnering essential
  • Experience of contract review and customer negotiation essential
  • Experience of Treasury/funding management essential

What you can expect from McCulloch:
  • Competitive salary
  • Opportunity to take part in a Company bonus scheme
  • Company car allowance
  • Death in Service (4x salary)
  • Access to Employee Assistance Programme
  • Pension scheme
  • 28 days holiday(including bank holidays), increasing to 30 after 5 years’ service
  • Opportunities for training and development

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