1. ROLE PURPOSE

The Finance Director will be responsible for leading all aspects of financial management and strategy for a newly established construction company with strong growth ambitions. With projected first-year turnover of £20-30 million and a robust order book for 2026, this role is critical to establishing sound financial foundations, implementing effective controls, and supporting the company's five-year growth trajectory.

The successful candidate will work closely with the Managing Director and Board to shape financial strategy, ensure regulatory compliance, optimise cash flow and profitability, and provide strategic insight to drive business growth and sustainable expansion.

2. KEY RESPONSIBILITIES

2.1 Financial Strategy and Planning

• Develop and implement comprehensive financial strategies aligned with business objectives and growth plans
• Lead the annual budgeting process and prepare rolling forecasts to support strategic decision-making
• Provide financial modelling and scenario analysis for business development opportunities
• Support the Board in evaluating strategic options including potential acquisitions, partnerships, or market expansion
• Identify and evaluate funding requirements to support growth, including banking facilities and capital structure optimisation

2.2 Financial Management and Reporting

• Oversee all financial operations including accounts payable, accounts receivable, payroll, and general ledger management
• Prepare accurate and timely monthly management accounts, including variance analysis and commentary
• Produce financial reports for the Board, highlighting key performance indicators, risks, and opportunities
• Ensure compliance with UK GAAP/IFRS accounting standards and statutory reporting requirements
• Coordinate year-end statutory accounts preparation and external audit processes
• Manage relationships with external accountants, auditors, and financial advisors

2.3 Construction-Specific Financial Management

• Implement and oversee project accounting systems, ensuring accurate cost allocation and revenue recognition
• Review and approve contract valuations, applications for payment, and revenue forecasting
• Monitor project profitability through detailed cost-value reconciliation and variance analysis
• Support commercial teams with contract pricing, margin analysis, and tender bid reviews
• Manage final account processes, including variations, claims, and retention releases
• Ensure appropriate accounting treatment for long-term contracts under construction industry standards

2.4 Cash Flow and Working Capital Management

• Develop and maintain comprehensive cash flow forecasts and working capital models
• Optimise cash collection processes and manage debtor relationships to minimise outstanding receivables
• Negotiate payment terms with suppliers and subcontractors to support working capital efficiency
• Manage banking relationships and facilities to ensure adequate funding for operational requirements
• Implement effective credit control procedures and monitor exposure to bad debt risk

2.5 Systems, Controls, and Compliance

• Establish robust financial systems and processes appropriate for a growing construction business
• Implement internal controls to safeguard company assets and ensure accuracy of financial information
• Ensure compliance with all statutory and regulatory requirements including VAT, PAYE, CIS, and Corporation Tax
• Maintain appropriate insurance cover and manage risk mitigation strategies
• Develop and document financial policies and procedures to support business governance
• Select and implement appropriate accounting software and project management systems

2.6 Leadership and Team Development

• Build and lead the finance function, recruiting and developing team members as the business grows
• Provide financial training and support to non-finance managers to enhance commercial awareness
• Foster a culture of continuous improvement and professional development within the finance team
• Act as a key member of the leadership team, contributing to strategic business decisions

3. PERSON SPECIFICATION

3.1 Essential Qualifications and Experience

• Qualified accountant (ACA, ACCA, CIMA or equivalent) with substantial post-qualification experience (minimum 8-10 years)
• Proven experience at senior finance level (Finance Director, Financial Controller, or equivalent) within the construction, civil engineering, or contracting sector
• Demonstrable track record in managing finance functions for companies with turnover of £20 million or above
• Strong technical accounting knowledge with expertise in construction industry-specific accounting including revenue recognition (IFRS 15), contract accounting, and valuations
• Experience in high-growth or start-up environments, ideally with involvement in scaling businesses from inception
• Comprehensive understanding of Construction Industry Scheme (CIS), payment regulations, and retentions management

3.2 Desirable Qualifications and Experience

• Experience with project accounting software systems (e.g., Coins, Sage 300 Construction, Conquest, or similar)
• Previous involvement in business development, mergers, acquisitions, or fundraising activities
• Experience in implementing financial systems and processes from scratch or during significant business transformation
• Knowledge of alternative funding mechanisms such as invoice discounting, supply chain finance, or project financing

3.3 Key Competencies and Attributes

Strategic Thinking

Ability to balance long-term strategic planning with operational demands. Proven capacity to develop financial strategies that support ambitious growth objectives whilst maintaining financial stability.

Commercial Acumen

Strong commercial awareness with the ability to evaluate opportunities and risks. Experience in supporting pricing strategies, contract negotiations, and profitability optimisation within the construction sector.

Leadership

Demonstrated leadership skills with the ability to build, motivate, and develop high-performing teams. Comfortable working in an entrepreneurial environment and leading through periods of change and growth.

Communication and Influence

Excellent written and verbal communication skills with the ability to present complex financial information clearly to non-financial stakeholders. Proven ability to influence at board level and build strong relationships with internal and external stakeholders.

Problem-Solving

Analytical mindset with strong problem-solving capabilities. Ability to identify issues proactively, develop pragmatic solutions, and implement effective remedial actions.

Adaptability

Comfortable working in a fast-paced, evolving environment. Flexible approach with the ability to prioritise competing demands and adapt to changing business needs.

Attention to Detail

High standards of accuracy and attention to detail in financial reporting and analysis. Commitment to ensuring compliance and maintaining robust controls.

4. TERMS AND CONDITIONS

4.1 Remuneration Package

• Competitive salary commensurate with experience
• Performance-related bonus scheme
• Company pension scheme
• Company car or car allowance
• Private health insurance
• Professional development support including CPD and relevant training

4.2 Working Arrangements

• Office-based in Cambridge with flexibility for hybrid working once established
• Standard working hours with flexibility required to meet business needs
• 25 days annual leave plus bank holidays
• Occasional travel to sites and meetings may be required

5. APPLICATION PROCESS

Interested candidates should submit a comprehensive CV and covering letter outlining their suitability for the role, relevant experience, and motivation for joining the company at this exciting stage of its development.

The recruitment process will include:

• Initial screening of applications
• First-stage interview with HR and senior management
• Second-stage interview with Board members including technical assessment
• Reference checks and background verification
• Offer and onboarding

We are committed to equal opportunities and welcome applications from all suitably qualified candidates.