Ref: ES2804
Interim Cash Flow Manager
£ 500 - £ 700 per day United Kingdom
The opportunity
Interim Cash Flow Manager - B2B Distribution Business
£500-700pd Essex
ES2804
Finatal are working with a family owned Distribution business about to go through a PE buyout. The incoming CFO requires someone to come in a support him on the post transaction professionalisation of the business as they transition to a Private-Equity model.
Key Responsibilities:
-
Cash Flow Set-Up: Implement systems to enable an accurate, rolling 13 weeks cashflow forecast to be prepared, for internal & external use (ABL funders). Develop accurate and reliable cash flow forecasts, taking into account various scenarios and external factors that may impact cash availability, such as actual and forecast movement in RF reserves.
-
Cash Flow Monitoring: Monitor daily cash inflows and outflows to ensure adequate liquidity for operational needs as well as ensuring ABL funding headroom is always monitored and kept well within set covenants. Forecast short-term and long-term cash flow requirements and identify potential gaps or surplus ses. Ability to:
-
Understand drivers of RF reserve movements, & identify actions to be taken
-
Forecast changes in RF covenants & identify actions required to prevent covenants being exceeded
-
Influence timing of SL receipts, working closely with Credit Control Manager
-
Work with PL staff to ensure payments made in line with STCF
-
Work with purchasing to understand how purchase orders will affect future cashflow, and what actions can be taken to mitigate this
-
Cash Flow Analysis: Analyse historical cash flow data (actual v forecast), identifying why variances have occurred & using this learning to improve future cashflow accuracy. Identify trends, patterns, and key drivers that impact the company's cash position. Provide insights into cash flow fluctuations and develop strategies to optimize cash management.
-
Risk Assessment: Identify potential risks to cash flow, such as sales volatility or changes in customer behaviour, and develop mitigation strategies to address these risks.
-
Banking Relationships: Manage relationships with the ABL provider, & manage the reporting cycle to ensure they receive all information required on-time.
-
Process Improvement: Continuously assess cash flow processes and workflows, identifying opportunities to enhance efficiency, accuracy, and control.
-
Compliance and Regulation: Ensure compliance with financial regulations, internal controls, and industry standards in all cash flow-related activities.
Qualifications and Requirements:
-
Experience of managing cashflows in an ABL funded environment, specifically RF with a clear understanding & experience of reporting on ABL covenants
-
Professional Finance Qualification. Would also consider Bachelor's degree in Finance, Accounting, Business, or a related field if the candidate has specific, demonstrable experience in line with this role.
-
Proven experience in cash flow management, financial analysis, or treasury operations, preferably within a B2B distribution or manufacturing environment.
-
Strong understanding of financial concepts, cash flow forecasting techniques, and working capital management.
-
Proficiency in financial modelling, data analysis, and Excel
-
Excellent analytical and problem-solving skills, with the ability to translate data into actionable insights.
-
Strong communication and interpersonal skills, with the ability to collaborate effectively across departments and with external stakeholders.
-
Attention to detail, accuracy, and a commitment to meeting deadlines.
-
Familiarity with banking services, payment platforms, and cash management tools.
-
Strong organisational skills and ability to manage multiple tasks in a fast-paced environment.
Apply for the role
Connect with us
You can also use your social account to sign in. First you need to:
Accept Terms & Conditions and Privacy Policy.