Part-Time Finance Director Services In Reading
Senior financial leadership for Reading businesses, a few days a month
A part-time Finance Director gives an owner-managed Reading business the reporting, forecasting and financial control of a full-time appointment, for the days you need. Secantor's advisors work alongside you as part of your management team, and we visit you in Reading to start.
This page covers the local service. Our national guide to the Fractional Finance Director role explains the model in full, and you can also see our wider board-level support in Reading.
What Does A Part-Time Finance Director Do For A Reading Business?
Secantor's part-time Finance Directors help Reading businesses turn their numbers into decisions. They produce timely monthly reporting, set budgets and cash forecasts, show where the business makes and loses money, and prepare the figures and commentary your bank expects.
- Reporting and control. Monthly management accounts you can trust, with the key figures explained.
- Planning. Budgets, forecasts and a rolling cash view.
- Profitability. Margin analysis by customer, product or project, and action on what it shows.
- Funding. Support with lenders and the information they need.
Reporting is built by a Management Accountant; the Finance Director interprets it and embeds it into how you run the business.
You may also search for this role as a fractional, outsourced or virtual Finance Director. All three names describe the same service: a commercially experienced Finance Director who works with you for the days you need.
When Does A Reading Business Need A Part-Time Finance Director?
Secantor's part-time Finance Director service suits a Reading business that has outgrown the finance function it has but cannot justify a full-time hire. Typical signs include late or unreliable monthly figures, strong sales with weak profit, a bank asking for more than you can produce, or an owner still doing the forecasting. Our blog on what a Fractional Finance Director does in the first 90 days shows how the work typically starts.
How Has A Part-Time Finance Director Helped A Reading Business?
A Reading commercial property business with £12m turnover lost its Finance Director to resignation shortly after its MD had also resigned, forcing the owners to step back into the business. Growth had masked a problem: the push for sales had eroded project margins without anyone noticing.
Secantor placed a fractional Finance Director for four days a month. The first task was a review of gross margin on every project, with project managers made accountable for delivering the margins set when the work was quoted. The owners now see where the business makes money and where it does not, an improvment plan in place and have a finance function they can rely on again.
How Does A Part-Time Finance Director Work With You?
Secantor starts every Reading engagement with a visit to your premises, to hear how the business works and where it is under pressure, and then proposes the advisor we think fits you and your people. Most engagements begin with a diagnostic month, then settle into a regular rhythm of days each month, with the same advisor each time and contact between visits when you need it.
What Does A Part-Time Finance Director Cost In Reading?
Secantor charges £1,200 a day plus VAT and expenses for a part-time Finance Director in Reading. Many Reading businesses start with two to four days a month, and the commitment can be adjusted as the business needs change. Our cost guide sets out the figures in more detail.
Which Arrangement Suits A Reading Business?
Secantor's part-time Finance Director suits a Reading business that needs ongoing financial leadership. If growth, funding or a sale is the main question, a Part-Time CFO may suit better. If the board needs an independent voice, consider a Non-Executive Director. If your Finance Director has left and you need cover quickly, an Interim Finance Director can start at short notice. Read Fractional vs Part-Time vs Interim CFO for the national picture.
How Does A Part-Time Finance Director Work With Your Existing Team?
Secantor's part-time Finance Directors work alongside the accountants, bookkeeper and finance staff of a Reading business and do not replace them. They provide the senior layer above that team. We do not provide bookkeeping or outsourced accounts. Read how to use management accounts effectively.
What Is The Free Business Review?
Secantor's Free Business Review is our no obligation starting point for Reading business owners. We begin with a chat, then a couple of our team visit you in Reading to hear the story of your business. You leave with an independent view and our recommendation of the right support. See the Free Business Review.
Next Steps
Start with a visit. Our Free Business Review begins with a conversation, then we come to your Reading premises to hear how the business works. You leave with an independent view and no obligation. Prefer to talk first? Book a discovery call with a Secantor Director.
What Do Reading Business Owners Ask About A Part-Time Finance Director?
Yes. We visit businesses in Caversham, Tilehurst and along the M4 corridor, and across Berkshire, Buckinghamshire, Oxfordshire and Surrey.
Many businesses start with two to four days a month. We agree the level with you at the first meeting and adjust it as things change.
A Finance Director runs reporting, forecasting and controls. A CFO adds funding, strategy and board leadership. In businesses of our clients' size one person usually covers both, and we agree the emphasis with you.
Yes. They prepare the reporting and commentary lenders expect and can support conversations about funding.
No. We provide the senior finance layer: Finance Director, CFO, Non-Executive Director and Management Accountant. Your existing accountants or bookkeeper carry on with the day to day.
Not quite found the answer you need? Contact our team – we’ll get back to you personally.
Interested in how senior support could help in other areas too? Learn more about our Non-Executive Directors and Outsourced Operations Directors.
“Secantor has made a world of difference - we are now in control. It's a very cost effective way for us to have high level management and strategic help”
Helen Pattinson - Co-Founder, Montezumas Chocolates
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- Identify what’s holding back your profit and growth
- Gain clearer direction on your business priorities
- Understand how to improve cashflow and performance
- Explore practical steps to move your business forward
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Ways Secantor Will Help You
Develop & Implement A Successful Plan
Optimise Your Finances
Develop A Strong Accountable Team
Build Value In Your Business
Improve Operational Efficiency
Exit Your Business Successfully
How Secantor Helped a £30m Recruitment Business at a Critical Time
“Secantor provided the senior business & financial support my fellow director & I needed at a very critical time for our company. I cannot recommend the incredible service we received highly enough”
CEO Of A £30m Turnover Recruitment Company
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Our Services
We help you make strategic decisions
Secantor provides expert financial and management support to SME owners and directors. Our commercially experienced team covers the following roles.
Non-Executive Director
Strategic support and experience to guide you as you make decisions and build value in your business. A NED acts as a sounding board for your ideas, improves business performance, holds you and your team to account and helps you achieve a successful exit.
✓ Strategic business planning
✓ Support strategic decision-making
✓ Set business goals and objectives
✓ Rejuvenate struggling businesses
✓ Manage growth effectively
✓ Implement best practice
✓ Sounding board for your ideas
✓ Set and communicate vision
✓ Hold you & your team to account
✓ Build an effective management team
Finance Director
Expert financial leadership from a commercially experienced, qualified accountant. An FD will create financial plans, report your monthly performance against budget and interpret the figures to help you make sound decisions & improve profitability.
✓ Expert financial advice
✓ Interpret financial results a support decisions
✓ Develop & oversee your finance team
✓ Improve profitability & control costs
✓ Prepare management accounts
✓ Create 3-5 year financial plan
✓ Budget setting
✓ Source appropriate funding
✓ Cashflow forecasting & management
✓ Prepare reports & commentaries for your bank
Operations Director
Strategic operational leadership to transform your people and business processes to improve efficiency and profitability. An Operations Director helps you build a strong management team, delegate operational actions and improve business performance.
✓ Develop strength in your management team
✓ Establish key performance indicators (KPIs)
✓ Hold people accountable to achieve results
✓ Process and quality improvement
✓ Help you delegate effectively
✓ Create clear job descriptions
✓ Identify and recruit talent
✓ Implement robust operational systems
✓ Establish clear goals and expectations
✓ Enable your team to achieve excellence

