Finance Director

tenzingsearch; London; On-site; GBP 600,000 - 1,000,000

Job description

Our clients founded a forward thinking mental health support business. They offer both B2B and B2C support, working with progressive global companies, as well creating high street shops that offer individuals support also. Their mission is to help people while modernising the mental health culture in our society.

Both the Founders are therapists; they are extremely good at what they do and they believe greatly in their vision and mission, scaling without losing the heart of their business, which is the people they help.

They are an early-stage, VC backed business, looking to go through a Series A fundraising process, aiming for between £6-£10mil. They need to bring in a permanent No.1 Finance lead to support with their planned growth. The Finance Director will be responsible for the following:

Responsibilities

• Responsible for overseeing the day-to-day financial operations and health of the business.
• Manage all outsourced functions, including payroll.
• Oversee internal financial and operational KPIs, providing analysis to support decision-making.
• Conduct pricing model analysis and customer profitability analysis.
• Lead strategic projects related to key financial matters as they come up.
• Clear data analysis on products, revenue, and areas of the business that could directly impact profitability and working with founders to implement this in the broader business strategy.
• Lead the annual budgeting processes and maintain revenue, margin, and cash flow forecasts.
• Work with the finance team to create a culture of collaboration and continuous improvement.
• Act as business partner to senior stakeholders, providing analysis to support key decisions.
• Be the financial voice of the business, and the connector between us and our investors.
• Conduct market research and analysis to create detailed business plans on commercial opportunities (expansion, development of digital platform, business development etc.).
• Own tracking financial and operating plan.
• Ensure timely delivery of taxes and accountancy filings.
• Prepare monthly, quarterly, and annual financial reports and analyses.
• Support the Finance Manager and their team.
• Work closely with the sales team to monitor pipeline, sales cycle, and conversion rates, to ensure that the business has a clear path to deliver our revenue targets and effectively track these targets.
• Support us in preparing for fundraising activities, including building financial models and forecasts.
• Conduct scenario planning to determine the use of funds and impact on financial metrics.
• Own and verify key metrics shared with investors, ensuring board-ready reports on a monthly basis.

The ideal candidate

• Will have an accounting qualification (CIMA/ACCA/ACA).
• Extensive finance experience with national and international exposure.
• Experience in similar roles within startup environments (workplace wellbeing and mental health a bonus).
• Involvement in Series A to C fundraising processes.
• A data-driven mindset with the ability to independently analyse operational and strategic plans.
• Strong relationship-building skills both internally and externally.
• Detail-oriented and proactive in driving projects to completion.
• Outcomes-driven with strong analytical skills.

Our clients founded a forward thinking mental health support business. They offer both B2B and B2C support, working with progressive global companies, as well creating high street shops that offer individuals support also.

There will be two requirements because the client needs some immediate Interim support, but longer term will be recruiting the role on a Permanent basis. Our client is a leading technology business, they operate across several countries and manage multiple entities. This role reports directly into the Finance Director, as well as liaising with other C-Suite stakeholders in the business.