Financial Director Job Description
We are seeking an experienced and strategic Financial Director to join our leadership team and drive financial performance. The primary purpose of this role is to provide strategic financial direction, guidance, and management of the finance function in a way that facilitates the achievement of our growth strategy.
**Job Description:**
The Financial Director will report directly to the CEO and work closely with the Senior Finance Manager and the finance team to create best-in-class reporting, budgeting, and long-term planning. This includes developing financial models, managing budgets, preparation of monthly management accounts, dealing with all regulatory financial and taxation reporting. The Financial Director will also build strong relationships with other members of the leadership team and foster a business partnership approach with the finance team and other departments.
**Strategy & Leadership:**
Lead the development and execution of the financial strategy aligned with our goals. Partner closely in assisting the CEO with shaping and executing strategic initiatives. Develop and execute multi-year business plans that advance our priorities and intended impact. Oversee the timely and accurate development of budgets, financial reports, and models that will assist the CEO, Board, and other stakeholders in making informed strategy, resource allocation, and investment decisions. Advise the CEO and Board on financial planning, investment opportunities, and cost management.
**Financial Management:**
Oversee budgeting, forecasting, and financial reporting against targets, ensuring accuracy, transparency, and compliance. Oversee and review of monthly management accounts, variance analysis on the P&L and cashflow. Present monthly financial management information packs and analysis to the executive team and the Board. Ensure sufficient liquidity to meet operational and strategic needs together with managing working capital effectively. Management and oversight of budget and forecast preparation and delivery and updating on a regular basis. Monitor operational costs and implement cost-saving measures while maintaining quality care. Management of bank funding processes, including presentations, due diligence coordination, covenant compliance, and reporting. Development and monitoring of appropriate financial and non-financial KPIs for the performance of the company. Manage the treasury function, working capital/cashflow, deposits, and liaison with the CEO regarding distributions and cash reserves.
**Procurement & Acquisitions:**
Responsible for developing, planning, and implementing best practice procurement with a focus on value for money and future tender opportunities. Ensure expenditure is controlled within budget and where appropriate identify possible savings.
**Compliance & Reporting:**
Managing annual audits and completion of tax returns and liaise with auditors, Revenue, and regulatory bodies as required. Review and manage internal systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting. Ensure compliance with tax regulations, HIQA financial guidelines, and other healthcare sector requirements.
**Team Management and Development:**
Lead and mentor the finance team to drive high performance and professional development. Build strong cross-functional relationships with clinical, HR, operations, and facilities teams. Providing leadership, direction, and management of the finance and accounting team.
**Required Skills and Qualifications:**
A recognized accounting qualification (ACA, ACCA, CIMA, or CPA). 10+ years of progressive financial leadership, with at least 8 years in a senior role. Experience in the healthcare, residential care, or related regulated sectors is strongly preferred. Strong knowledge of Irish financial regulations, healthcare funding models, and HIQA frameworks. Experience in and knowledge of IT /digital technology ESG programme knowledge & experience Proven ability to lead change and manage financial strategy. Excellent interpersonal, communication, and stakeholder management skills. Strong ethical compass, discretion, and commitment to the care sector's values.
**Benefits:**
Competitive salary. Equity in management incentive plan. Pension contribution. Opportunities for professional development. A purpose-driven role contributing to outstanding respite and residential services to persons with disabilities, intellectual and physical.