Chief Financial Officer

Full Job Description

CFO

PE backed Tech/SAAS Business

London

Acuity Associates are working in conjunction with an innovative Tech business that has been recently acquired by Private Equity. A Unique business that has really captured the market in their specialist field - They are now looking to take the business on a journey to exit in the next 4 to 5 years. The business is achieving circa 40% Ebitda margins and is doing 70% YOY growth over the last 3 years. They are now at a stage where they require their first CFO under PE conditions to help them professionalise their finance function and help them grow organically making sure they are in a good position to exit the business.

The CFO will be expected to professionalise the Finance function from scratch making operational changes and strengthen the recurring revenue model.

1. Financial forecasts : Annual Budget & 3-year forecast P&L. KPIs & cash
2. Management Reporting (& control): Financial and Non-Financial (KPIs), sign-off on CAPEX, entering major contracts.
3. Balance Sheet & Cash : Rolling 12-week cash forecast, rolling 12-month cash forecast, CAPEX, net debt, covenants, treasury management and currency hedging, optimising balance sheet / dealing with debt providers.
4. Commercial insight : Understanding changes / variances in sales / margin / overhead / cash and challenging the business where appropriate.
5. Strategic Projects : Commercial oversight of investments vs. forecast & returns

The CFO will take charge of :-

• Professionalising the business
• Driving organic and acquisitive growth
• Commercial contract negotiation
• Liaising with banks and investors
• Building the finance function

It is essential you have :-

Worked for a SAAS / Tech business as the no.1 in Finance.

Made operational improvements as well as Finance upgrades.

You will be either ACA/ACCA/CIMA qualified.