Finance Director in North East England

What is a finance director?

A company Finance Director manages the day-to-day operation of the finance team and helps to drive business success by providing the financial insights that lead to better commercial decisions. A Finance Director role blends strategy with operations, risk and compliance.

Finance director job description and responsibilities

The Finance Director is responsible for making sure the company meets financial and legal obligations. They create and maintain best practice reporting, procedures and policies, and support the business with risk and compliance.They act as the connection between the finance team and the CEO or CFO, helping to drive strategy and hit targets using their financial insight, while also overseeing the finance team as a whole.Typical daily duties include:Managing cash flowPreparing the monthly management accountsOverseeing reporting, forecasting and budgeting via the finance teamOffering support on tax, audit and riskManaging external relationships with banks, auditors, consultants etc.Developing financial and commercial strategyManagement of processes and controlsUtilisation of finance systems

Finance Director job qualifications, skills and experience

A strong academic background is preferred for this role, and employers will be looking for a bachelor’s degree (minimum) in one of the following subjects:FinanceAccountingBusinessMathematicsEngineeringFinance Directors should be qualified accountants (ACA, ACCA, CIMA) and should also have plenty of experience in dealing with commerciality, stakeholders and board members. It’s also helpful to have several years’ experience in a financial management role and experience with effective cost control. Good leadership skills are important, especially concerning the development of staff skills.Employers are looking for professionals with some of the following personal qualities:Group and team leadership skillsExcellent written and verbal communication skillsBusiness acumenTarget-drivenStrategic thinking

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Salary for Finance Director in North East England
86500 - 117000
25th percentile
86500
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th percentile
100750
The candidate has an average level of experience and has most of the necessary skills.
75th percentile
117000
The candidate has above-average experience, has most or all the necessary skills, and may have specialised qualifications
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) 120000 163250 192000 Group Finance Director 105250 120000 134500 Shared Service Centre Director 86500 105500 124750 Group Financial Controller 76750 96000 115250 Financial Controller 62500 77750 85500 Finance Manager 51750 59750 63750 Group/Financial Reporting Accountant 52750 57500 62500 Qualified Management/Financial Accountant 49000 54500 60250 Director of Audit & Risk 86500 91250 101000 Internal Audit Manager 55500 62750 68000 Internal Auditor 48500 51750 56750 Treasury Manager 62750 70250 75250 Treasury Accountant 50500 54500 58500 Tax Manager 67250 76750 86500 Tax Accountant 50500 54500 59500
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