Stobart Finance Director

The role of Finance Director (FD) at Stobart Group, now Esken Limited, has been a pivotal one, navigating the complexities of a company with diverse interests in aviation, energy, and infrastructure. The FD is responsible for the overall financial health and strategy of the group, encompassing financial planning, reporting, treasury management, and risk management.

Historically, the Stobart Group FD has been tasked with supporting significant periods of growth and transformation. This included overseeing acquisitions, managing debt, and ensuring compliance with stringent regulatory requirements, particularly in the aviation sector. The FD’s expertise in financial modelling and analysis is critical for evaluating potential investments and optimizing capital allocation across the various business units. Their role also involves fostering strong relationships with investors, analysts, and lenders to maintain confidence in the company’s financial stability and future prospects.

Key responsibilities of the Stobart/Esken FD typically include:

• Developing and implementing financial strategies aligned with the group’s overall strategic objectives.
• Overseeing the preparation and analysis of financial statements, ensuring accuracy and compliance with accounting standards.
• Managing the group’s cash flow, working capital, and treasury functions.
• Leading the budgeting and forecasting processes, providing insights into future financial performance.
• Identifying and mitigating financial risks, including market risk, credit risk, and operational risk.
• Providing financial leadership and support to the various business units within the group.
• Communicating financial performance and strategy to the board of directors, investors, and other stakeholders.
• Ensuring compliance with all relevant laws and regulations.
• Leading and developing the finance team.

Given Esken’s recent financial challenges and restructuring efforts, the FD’s role is even more critical. They must possess strong restructuring experience, the ability to negotiate with creditors, and a clear vision for the future financial sustainability of the company. Effective communication and transparency are essential to rebuild trust with stakeholders and secure the necessary funding for the business to move forward. The FD needs to demonstrate resilience and strategic thinking to guide Esken through this period of transition.

Ultimately, the Stobart/Esken Finance Director plays a vital role in shaping the financial destiny of the group. Their leadership, financial acumen, and strategic thinking are essential for ensuring the company’s long-term success, particularly in a dynamic and competitive environment.