Background: Rapid Expansion Highlighting Weaknesses in Financial Control
A Yorkshire-based property developer and investor needed senior finance leadership to improve control and efficiency across its diverse operations.
The Challenge
The business lacked efficiency in managing operations and rental income, with rising overheads highlighting the need for cost efficiencies. The potential liquidation of dormant companies created added complexity that needed to be resolved and weak financial controls and poor reporting processes limited visibility and increased the risk of errors. Tax matters, both personal and group-wide, also lacked clear oversight, putting investment strategy and the company’s future growth at risk.
How Headstar Stepped In
Headstar provided a rapid and targeted response to recruit an experienced Interim Financial Controller to help streamline operations and introduce robust financial controls and processes.
- Took a detailed brief to fully understand the business needs and what qualities the right candidate needed in order for them to be successful in the tole.
- Leveraged our extensive interim network to identify highly relevant candidates at speed, following which we interviewed and referenced shortlisted individuals before submission.
- Presented the client with clear recommendations and rationale for each candidate.
- Delivered a successful interim appointment within just three days of taking the brief.
The Impact
- Fast-track appointment – The role was filled quickly and effectively with a high-quality interim FC.
- Building the team – The client was able to then focus on building out the finance function, making four further hires via Headstar.
- Chairman freed up – Leadership could shift focus to strategy and long-term planning.
- Tighter controls, lower costs – Stronger financial processes were implemented, historical errors corrected, and overheads were reduced.
Reflections from the Headstar Team
“Faced with a tight deadline and a very specific brief, I was able to quickly leverage my local interim network to identify suitable candidates and fill the role within three days.”
Ross Wallace, Executive Consultant, Headstar
Find Out More
To learn how Headstar’s interim and senior finance recruitment services can bring structure, control and efficiency to your organisation, contact our specialist team today.
