Here’s information about the Finance Director role at Seabrook Crisps, presented in HTML format:
Seabrook Crisps, a beloved UK snack brand known for its crinkle-cut crisps and bold flavors, relies on a strong financial leadership team to navigate the competitive snack food market. The Finance Director (FD) role at Seabrook is a critical position, responsible for overseeing the company’s financial health, ensuring sustainable growth, and driving strategic decision-making.
Key responsibilities of the Seabrook Crisps Finance Director typically encompass a wide range of financial functions, including:
- Financial Planning and Analysis (FP&A): Developing and implementing financial plans, budgets, and forecasts. This includes analyzing market trends, sales data, and production costs to identify opportunities for improvement and growth. The FD ensures the company’s financial targets are realistic and achievable.
- Financial Reporting: Preparing accurate and timely financial reports, including monthly, quarterly, and annual accounts, in compliance with accounting standards and regulatory requirements. This involves managing the finance team to ensure data integrity and rigorous controls.
- Treasury Management: Overseeing cash flow, managing banking relationships, and ensuring efficient use of working capital. The FD works to optimize cash positions and minimize financial risks.
- Cost Control: Implementing and monitoring cost control measures across the organization. This involves identifying areas where costs can be reduced or efficiencies improved, from raw material sourcing to manufacturing processes.
- Investment Appraisal: Evaluating potential investment opportunities, such as new product launches, capital expenditures, or acquisitions. The FD provides financial analysis and recommendations to support strategic investment decisions.
- Risk Management: Identifying and mitigating financial risks, including foreign exchange risk, interest rate risk, and credit risk. The FD implements policies and procedures to manage these risks effectively.
- Tax Compliance: Ensuring compliance with all relevant tax laws and regulations, including VAT, corporation tax, and employment taxes. This may involve working with external tax advisors.
- Team Leadership: Leading and developing the finance team, providing guidance, mentoring, and performance management. The FD fosters a culture of financial excellence and continuous improvement.
- Strategic Partnership: Acting as a strategic partner to the CEO and other senior leaders, providing financial insights and advice to support business decisions. The FD contributes to the overall strategic direction of the company.
A successful Seabrook Crisps Finance Director typically possesses the following skills and qualifications:
- A qualified accountant (ACA, ACCA, or CIMA).
- Significant experience in a senior finance role, ideally within the food and beverage industry or a similar manufacturing environment.
- Strong financial planning and analysis skills.
- Excellent knowledge of accounting standards and regulatory requirements.
- Proven leadership and team management skills.
- Strong communication and interpersonal skills.
- The ability to think strategically and provide sound financial advice.
- A commercial mindset and a passion for the Seabrook Crisps brand.
In conclusion, the Finance Director at Seabrook Crisps plays a pivotal role in ensuring the company’s financial stability, driving growth, and supporting strategic decision-making in a dynamic and competitive market. The role requires a combination of technical expertise, leadership skills, and a deep understanding of the business.