About Severfield
We’re at the vanguard of creating iconic buildings and infrastructure, but behind our successes are years of hard work, careful planning and the expansion of our offering to ensure we stay at the forefront of our industry.
Our team has worked hard over the past several decades to grow, acquiring like-minded brands that boost our capabilities and ensure we can deliver on a whole variety of world-leading projects. The focus remains on driving growth (both organically and through acquisitions) to support the UK government’s National Infrastructure Strategy.
About the Divisional Finance Director - Nuclear & Infrastructure in York
Marks Sattin are delighted to be working exclusively with Severfield to find their new Divisional Finance Director. This is an extremely attractive role with a highly competitive package, which has been designed to attract the very best.
Based in York, but with regular travel to the division’s two main sites in Bolton and Carnaby, and working closely with fellow UK executives you will be expected to:
- Provide commercial financial support and a business partnership service for the divisional board
- Offer strategic and commercial input across all market sectors of the division with the objective of improving margins and profitability
- Manage continual improvement of the overall finance function
- Be prepared to initiate and deliver adequate change as necessary and help integrate the division’s three businesses into the new divisional structure.
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Your Responsibilities As Divisional FD
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- Work closely with divisional and local board colleagues and the Severfield plc executive team to determine the strategy of the division and help drive commercial and operational performance both at a project, company and divisional level
- Provide leadership to the divisional finance team, including three business unit finance directors / heads of finance and their teams
- Offer strategic and commercial input across all market sectors of the division with the objective of growing the division (both organically and through acquisitions), improving margins and profitability
- All financial and management reporting and planning, including budgeting, P&L, cash flow and balance sheet forecasting, as well as investment appraisals for significant business transactions
- Co-ordinate the strategic planning, budgeting and forecasting process, ensuring there is rigorous analysis behind the numbers and a deep understanding of the business
- Ensure the division provides all the necessary financial information required by Group in a timely manner, and work closely with Group management (particularly Group finance)
- Provide a commercial outlook on strategy, with an appropriate degree of risk assessment and management, as they participate in divisional boardroom debate on the evolution of the new division. Having the ability to advise and guide those around them in the appraisal of the financial returns achievable and those being achieved across a complex and evolving operation
- Improve the quality of the financial information, drive systems development, and develop procedures to improve the quality of information available
- Offer support and advice to the Divisional Managing Director across all areas, including supplier relationships, negotiation and contract review, taxation, pricing strategy, management of overheads, operational improvements, working capital and cash flow management. It is imperative that the appointed candidate can effectively manage capital employed and demonstrate the internal rate of return a project will deliver via discounted cash flow techniques
- Understanding, and being able to articulate, the main drivers of business performance, and specifically, the benefits of current and prior operational improvements and investment decisions
- Develop and manage the necessary internal resources, culture, processes, structures and management controls to support the above
About Your Skills And Experience
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A graduate, qualified chartered accountant, preferably ‘big four’ trained, with personal presence and a strong leadership style combined with a confident, collegiate and hardworking approach. The appointed candidate must be technically capable, commercially aware, ‘hands-on’, highly organised, detail orientated, and possess the ability to inspire and influence people at all levels. Above all, it is essential that the candidate is a cultural fit, commercial and driven, and has an innate skill in improving company performance and profitability. To achieve the above, the successful candidate must have a combination of the following experience:
- Will be a professionally qualified accountant who has ideally worked within the manufacturing / construction industry
- Proven track record in finance as a member of the divisional board or equivalent senior management team
- Possessing first rate commercial skills with evidence of margin and profit enhancement in a multisite business where ROCE is sacrosanct
- Exposure to executive, divisional or parent company boards. Having previously worked in a plc environment would be useful
- Proven leader of a high-performing finance team across all its elements, including business performance appraisal, leading to achievement of relevant KPIs
- Financial reporting to deadlines in a high-pressure environment
- Track record of project delivery, including cross-functional engagement where necessary to ensure delivery in line with the project plan
- Can confidently manage internal and external relationships with an appropriate level of credibility
Your personal qualities
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- An individual who possesses complete integrity, coupled with both drive and energy
- Must have the gravitas to operate effectively within a talented divisional team who are committed to taking the business to the next stage in its evolution
- Will be viewed as a mentor to their team and a financial partner by their peers
- Having excellent interpersonal skills
- Demonstrating and demanding complete personal integrity
- Tenacious and able to operate effectively at all levels
- Possessing vision and a passion for excellence
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Working at Severfield
Looking after our employees means both their physical and mental wellbeing. We’re proud to offer a range of benefits including:
- Employee assistance programme (including 24/7 access to counselling and support)
- Flexible working
- Employee benefit scheme - Reward Gateway (offering discounts, cash back and huge savings)
- Cycle to Work scheme
- Save As You Earn scheme (SAYE)
We also have a number of channels to communicate with our people; a dedicated intranet, quarterly internal magazine and digital screens throughout our factories to name a few! We like to keep employees informed of what their colleagues are up to and also showcase some of the current projects we are working on.