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Finance Director

VET.CT has an exciting opportunity to join us as Finance Director. We are looking for a driven, dynamic and experienced finance professional to join our finance and executive team. The successful candidate will contribute to business objectives, and shape the financial strategy of a growing and innovative company.

Role Responsibilities

    • Direct the Finance team appropriately to ensure they feel motivated and developed in their roles. And are able to carry out their responsibilities to the required VET.CT standard
    • Develop and control VET.CT’s annual operating budget and forecasts to ensure that financial targets are met
    • Collaborate with the executive team to ensure the achievement of the company business objectives are met. By contributing with advice and guidance on the financial strategy
    • Support company managers by providing financial advice and guidance to ensure their teams are able to meet their objectives successfully
    • Oversee the preparation of VET.CT’s financial accounts to enable them to be presented accurately and in a timely manner
    • Develop and implement an internal audit programme to ensure that VET.CT complies with national and international procedures and regulations 
    • Ensure effective and efficient financial management of VET.CT’s policies and procedures by maintaining and developing all relevant systems
    • Oversee all external contracts and services which are provided by suppliers, to make sure they are operating effectively for VET.CT and providing the best value to the business
    • Preparing reports in readiness to present to the board and investors. 
    • Collaboration with the VET.CT management team to reduce cost and maximise profit
    • Review company payroll and all accounting systems   
    • Closely monitor the cash health of VET.CT by overseeing the company debt collection and credit card payments. Collaborating with the finance team to ensure this information is up to date and communicated clearly. 
    • Oversee and support with group audit

Skills required

    • Qualified accountant
    • Experience of leading a finance team
    • Experience of managing financial audits
    • Previous international experience is essential for this role 
    • Ability for hybrid working with 2 days in the Cambridge office per week
    • Familiarity with the accounting system Xero is desirable
  • 33 days holiday including public holidays
  • 5 wellness days per year
  • Private Medical Cover
  • Income Protection
  • Critical Illness Cover
  • Employee Assistance Programme
  • Life Assurance
  • Company Pension
  • Company Share Scheme

Inclusion and Diversity

Vet.CT is an equal opportunities employer and makes all employment decisions without regard to age, national origin, race, ethnicity, religion, creed, gender, sexual orientation, disability, veteran status, or any characteristic protected by law.

What You Should Know About Finance Director, VetCT

VET.CT has an exciting opportunity for a Finance Director to join our innovative and dynamic team! If you're a driven finance professional with a knack for shaping financial strategies, this could be the perfect role for you. As the Finance Director, you will play a key part in directing our finance team, ensuring they are engaged and empowered to excel in their roles. A major component of your responsibilities will be developing and controlling our annual operating budget to meet financial targets while collaborating closely with our executive team. You'll provide financial advice and guidance to support various company managers, helping teams meet their objectives successfully. Additionally, you will oversee the preparation of VET.CT’s financial accounts, ensuring they are both accurate and timely. Key tasks will also include implementing a robust internal audit program to maintain compliance with regulations, and watching over all our external contracts to ensure optimum value for the business. We're looking for someone who has a strong accounting background, experience in leading finance teams, and a solid understanding of international finance. Familiarity with Xero would be a big plus! With 33 days of holiday, wellness days, private medical cover, and a commitment to inclusion and diversity, VET.CT is not just a workplace but a community committed to your growth and well-being. If you’re ready to take your career to the next level and work in a supportive environment, we would love to hear from you!

Frequently Asked Questions (FAQs) for Finance Director Role at VetCT
What are the main responsibilities of the Finance Director at VET.CT?

The Finance Director at VET.CT is responsible for a multitude of key tasks, including directing the finance team, overseeing financial accounts preparation, and developing the annual operating budget. Additionally, this role entails collaborating with the executive team on financial strategy and supporting managers with financial advice to help meet their objectives.

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What qualifications are required for the Finance Director position at VET.CT?

To qualify for the Finance Director role at VET.CT, candidates must be qualified accountants with experience in leading finance teams and managing financial audits. Previous international experience is essential, and familiarity with accounting software such as Xero is desirable.

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Is there flexibility in the work arrangement for the Finance Director role at VET.CT?

Yes, the Finance Director role at VET.CT offers flexibility with hybrid working options, requiring only 2 days a week in the Cambridge office. This balance allows you to manage work effectively while enjoying the benefits of both in-office and remote work.

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What benefits are offered to the Finance Director at VET.CT?

The Finance Director position at VET.CT comes with a comprehensive benefits package that includes 33 days of holiday, private medical cover, income protection, critical illness cover, a company pension, and an employee assistance program, along with life assurance and a company share scheme.

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How does VET.CT support professional development for the Finance Director?

VET.CT is dedicated to employee development and offers resources to ensure the Finance Director and the finance team feel motivated and supported in their roles. This includes opportunities for ongoing training, mentorship, and a collaborative work environment.

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Common Interview Questions for Finance Director
Can you describe your experience leading a finance team?

When answering this question, it's important to highlight specific leadership experiences, such as how you motivated your team, implemented effective strategies, and achieved financial targets. Provide examples of challenges faced and how you overcame them while nurturing team development.

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How do you approach the development and control of an annual budget?

Discuss your systematic approach to budget preparation, including stakeholder collaboration, research, and analysis of historical data. Emphasize your attention to detail, flexibility in accommodating changes, and how you ensure adherence to financial targets throughout the fiscal year.

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What strategies would you implement to ensure compliance with regulations?

Illustrate your methods for creating an internal audit program and continuous monitoring of financial processes. Talk about the importance of training staff on compliance requirements and your experience in addressing any discrepancies promptly.

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How do you support other managers with financial advice?

Provide examples of how you engage with managers to understand their needs, analyze financial implications, and propose actionable solutions. Highlight your communication skills and your ability to simplify complex financial concepts for non-financial colleagues.

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Can you discuss your experience with financial audits?

Share your experience in preparing for audits, collaborating with external auditors, and addressing findings. Showcase your understanding of audit processes and any improvements made based on previous audits that enhanced financial operations.

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What has been your biggest challenge in managing financial accounts?

Reflect on a specific challenge you faced, such as tight deadlines or discrepancies. Describe how you approached the issue, the steps taken to resolve it, and what you learned while ensuring accurate financial reporting.

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How do you monitor the cash health of an organization?

Discuss your methods for tracking cash flow, managing receivables, and forecasting financial health. Explain how you collaborate with the finance team to ensure up-to-date information and discuss proactive measures taken to address cash flow issues.

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What role does technology play in your financial management approach?

Discuss the technological tools and software you have utilized to streamline financial processes, enhance data accuracy, and improve reporting efficiency. Emphasize your experience with any specific systems, particularly if familiar with Xero.

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How do you approach financial reporting for the board and investors?

Highlight your ability to present complex financial data in a clear, concise manner tailored to your audience. Discuss the techniques you use to prepare impactful reports and how you address questions from stakeholders.

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In your opinion, what makes a successful finance team?

Discuss the importance of diversity in skills and perspectives within the finance team, fostering a supportive environment, and emphasizing continuous professional development. Illustrate how these factors contribute to achieving the organization's financial goals.

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Full-time, hybrid
DATE POSTED
January 14, 2025

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