Typically found in larger organisations, the Group Financial Controller will be a trusted lieutenant to the CFO.
They will focus on group activities and their primary responsibility is to ensure the accurate and timely reporting of the group’s financial performance in order to provide the executive leadership team with the comprehensive data and insights they need to make informed strategic decisions. This will involve consolidation of the financial statements from multiple subsidiaries or divisions, reconciling any discrepancies, and presenting the group’s overall financial position in a clear and meaningful way.
The Group Financial Controller will also typically oversee the group’s treasury functions, managing cash flow, investments, and foreign exchange exposures to optimise the company’s financial position. They work closely with divisional controllers, directors and accounting teams to standardise accounting practices, implement robust internal controls, and drive continuous improvements in the group’s financial processes.
Beyond pure statutory responsibilities, the Group Financial Controller often takes on a business partnering role by advising department heads and offering guidance in order to improve financial decision-making and operational efficiency. The most effective Group Financial Controllers possess a rare blend of technical accounting expertise, commercial acumen and leadership skills and will often be well positioned when it comes to CFO succession planning.
Compass Carter Osborne were appointed to source a Chief Financial Officer by Amanda Scott, representing Forest Healthcare who operate within the elderly care space.
The highly specialist nature of this role meant that deep real estate sector knowledge was essential to ensure timely opening of the rehabilitation centres and effective development of the business infrastructure.
Uniquely differentiated by operating in a group of companies dedicated to investor backed healthcare and life sciences sectors, trusting CCO with a search means you get more than just the advisory services offering.
The knowledge-sharing, grass-roots insights, and talent identification through our contingent sister brands provides a broad picture of the sector landscape where insights of this level are rarely matched by other providers. Access to the group’s premium contingent brands presents the opportunity for a single point of contact responsible for all aspects of an organisation’s hiring and retention needs.
Learn more about how the group can add value through our sister brands.
As the dedicated executive search and advisory services offering in the Compass house of brands, learn all about how our additional brands makes us your natural choice for all recruitment needs.
Insight
What does a Labour government mean for the independent health and social care sector?
Compass Executives recently welcomed a cohort of independent health and care Chairs, CEOs, and industry leaders to discuss what a potential Labour government could look like for the sector – many thanks to all contributors for their erudite insight.
