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Finance Director

64,014 P.A. ?
Marston Holdings


More About The Company

Marston Holdings has grown rapidly over several years and in recent years has also moved into the transportation services sector. Following investment by Inflexion and ICG private equity firms in March 2020, the group is in a strong position to pursue its strategy of growing technology led business models both in the UK and internationally. The group currently has revenue of £270m, employs nearly 5,000 staff and has a network of 1,000 self-employed enforcement agents.

The business operates 21 lines of business across several trading entities, primarily in the UK. These businesses are organized into Upstream (civil parking enforcement, road tolling and traffic flow management) and Downstream (motor vehicle recovery, criminal and High Court debt collection, road traffic fines, commercial metering).

The Downstream business comprises 30% of the group’s revenue and the business unit is key to the ongoing success of the overall business to generate growth and cashflows to fund investments, and ultimately support an exit strategy in the next PE cycle.

The Position

The Finance Director for the Downstream business is responsible financially for the P&L, contract management and profitability, resourcing and operational efficiencies across 6 lines of business.

The position supports the individual lines of business operational leaders with business decision support and financial management and reports to the group CFO. The Finance Leadership team includes FP&A and Control, Upstream & Downstream business units, Operations and Transformation. Procurement also reports into Finance.

There is a small team of 2/3 financial analysts as direct reports. The finance function is structured with the typical front, middle and back office teams and comprises around 70 people.

Key Responsibilities

Annual budgeting and quarterly forecasting cycles in cooperation with the business and central management team (CFO, COO, Director of Business Development)

  • Financial stewardship of the P&L and cash receipts to Budget
  • Analysis of key KPI’s both operational and financial and the underlying business drivers which are high volume/low value in nature
  • A key influencer in driving growth in revenue, profit and cash
  • Financial stewardship for specific growth areas of the business – which includes the expansion of the commercial client portfolio.
  • Constructing compelling business cases from a financial lens
  • Ad hoc projects for the business unit and across Finance

Personal Attributes

  • A qualified accountant
  • Highly numerate and analytical
  • An ability to work in a fast-paced busy environment commensurate with PE
  • Prior experience of a service led business model would be an advantage
  • An ability to work with different types of people
  • An eye for detail while understanding the bigger picture
  • A style which recognises the federated nature of the business model while ensuring that there is a cohesive, efficient and financially sound approach to managing the business
  • Adept at communicating and presenting financial information in a clear business language
  • Comfortable working in a matrix environment

The location for the role is Oldham with travel as required to regional offices and London. At present, the entire team is working remotely from home due to Coivd-19

This role affords the right individual the opportunity to come into an existing business which would benefit from an injection of fresh ideas and a more structured/standardised approach.

We ensure all employees receive ongoing support, training in their respective fields and a wide range of benefits. These include:

  • 28 days annual leave, plus bank holidays
  • Simplyhealth cash plan
  • Training and Development
  • Pension scheme
  • Life assurance
  • Cycle to work scheme
  • Tax free childcare
  • Retail discount card benefit scheme

This job was originally posted as www.totaljobs.com/job/90481725