What does a Finance Director do?

[ratiobox]

Someone told me like Finance Directors basically looks after the big-picture money side of a business. They plan budgets, help the business grow, make sure everything’s legal and above board, and keep things running smoothly financially.

But I'm looking for some who can work with lenders and investors.

 

[Mark T Jones]

A competent finance director can deal with lenders and investors. As can a competent MD.

Alternatively there are consultants with specific experience.

What specific qualities/skills are you looking for to compliment your own?

What are you offering?

 

[DontAsk]

It's just a job title. The term "director" is not protected so It does not indicate they are a company director.

You need someone with the right skills and experience, not a job title.

 

[Lisa Thomas]

Are you looking to take someone on full time as a director within the company, or outsource to a part time Director? I can recommend someone who should be able to assist - feel free to dm me.

 

[Paul Norman]

I have held this job title a couple of times in my career.

It varies from business to business. An FD for a big PLC, for example, will do very different things from an FD of an SME.

But dealing with investors and lenders would be a very normal part of an FD job description.

 

[DontAsk]

Are you looking to take someone on full time as a director within the company, or outsource to a part time Director? I can recommend someone who should be able to assist - feel free to dm me.

You OP needs to define what they mean by director. It can be just a job title.

 

[ratiobox]

A competent finance director can deal with lenders and investors. As can a competent MD.

Alternatively there are consultants with specific experience.

What specific qualities/skills are you looking for to compliment your own?

What are you offering?

Hi Mark T Jones,
I'm just trying to understand the whole scenario. Right now I don't have requirement

 

[Lisa Thomas]

Right now I don't have requirement

Ugh.

 

[johndon68]

Someone told me like Finance Directors basically looks after the big-picture money side of a business. They plan budgets, help the business grow, make sure everything’s legal and above board, and keep things running smoothly financially.

But I'm looking for some who can work with lenders and investors.

Given that your own website says that you provide a Virtual FD Service, should you not already know what one does?

 

[Chris Ashdown]

You OP needs to define what they mean by director. It can be just a job title.

No it does not mean just a job title, a Director is legally responsible for the running of a Ltd company and plc's etc. I suggest you look up a directors responsibilities https://www.gov.uk/guidance/your-duties-responsibilities-and-obligations-as-a-director

 

[Mark T Jones]

No it does not mean just a job title, a Director is legally responsible for the running of a Ltd company and plc's etc. I suggest you look up a directors responsibilities https://www.gov.uk/guidance/your-duties-responsibilities-and-obligations-as-a-director

You are referring to directors as registered at Companies House

Anyone can add 'director' to their job title, hence the multitude of 'account directors' or 'director of communications' job titles.

 

[DontAsk]

No it does not mean just a job title, a Director is legally responsible for the running of a Ltd company and plc's etc. I suggest you look up a directors responsibilities https://www.gov.uk/guidance/your-duties-responsibilities-and-obligations-as-a-director

Wrong, and I didn't say it means just a job title. I said Director can be just a job title.

It is not a protected term like calling yourself a doctor, which requires a degree of some sort, whether medical, philosphical, religious, ....

If you say "company director" then that does have more specific meaning.

 

[Newchodge]

No it does not mean just a job title, a Director is legally responsible for the running of a Ltd company and plc's etc. I suggest you look up a directors responsibilities https://www.gov.uk/guidance/your-duties-responsibilities-and-obligations-as-a-director

Yes, a Board director has those responsibilities. But there are many jobs using the word Director that do not mean they are Board director. A sales director, for example may just be in charge of sales.

 

[Chris Ashdown]

So how do you identify who has the reasonability's that goes with the title, Does a sales director in your post, word mean the company accepts it as fact and any liabilities that go with his word and sales pitch

 

[Newchodge]

So how do you identify who has the reasonability's that goes with the title, Does a sales director in your post, word mean the company accepts it as fact and any liabilities that go with his word and sales pitch

No. The only thing that matters is whether they are a member of the Board of Directors of the company. Otherwise it is just a word.

 

[DontAsk]

So how do you identify who has the reasonability's that goes with the title,

Look up the directors on Companies House. If the person is not listed they have a job title.

 

[WaveJumper]

I worked for a fund which had more 'Associate' Directors than I had hot dinners always made me smile they loved passing out their business cards. As mentioned above Directors come in many guizes ie from Operations Director right through to those I loved the least the dreaded Marketing Director