That's where a part-time (or outsourced) finance director comes in.
What does a part-time finance director do?
A part-time finance director can handle many of the same responsibilities as a full-time finance director, just on a smaller scale. Typically working one or two days per week or even only a couple of days per month, depending on the size and complexity of the business, they help you:
- Understand the story behind your numbers
- Manage cash flow and working capital effectively
- Create and monitor budgets and forecasts
- Improve margins and profitability
- Prepare relevant documents for board meetings and report on the company's progress
- Work with other members of the board to devise and implement the business strategy
- Liaise with funders, stakeholders or banks
- Support the business through change or growth
A part-time finance director doesn't just look at where your business is now; they help shape where it's going.
Support when you need it most
It's not only the regular monthly input they offer. A part-time finance director can also be brought in to support specific projects, such as:
- Preparing for investment – helping you get your finances in order and presenting your business in the best possible light to attract external funding.
- Business restructuring – identifying inefficiencies and designing a more streamlined, profitable operation.
- Mergers and acquisitions – guiding you through the financial due diligence and integration process.
In short, they bring the financial leadership needed to make big decisions confidently.
Tailored to your business
Every business is different. Some need regular support at board level. Others may only need a few days of strategic support each month. The flexibility of a part-time finance director means you pay for what you need, and at DWilkinson&Co, we work with businesses on precisely that basis.
We support limited companies across Leeds and West Yorkshire, providing the financial clarity that enables more intelligent, faster decision-making.
Here we give further details about our outsourced finance director offering.
Is a part-time finance director right for your business?
We'd be happy to talk through what's involved and how we can help. Whether you need hands-on support once a month or more frequent input during a key project, DWilkinson&Co can provide the expertise and insight to keep your business moving forward.
Contact us today to book a free consultation and find out more about our part-time finance director service.