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Chief Financial Officer

Posted 17 hours 2 minutes ago by Frey Consulting Group

Permanent

Full Time

Other

Warwickshire, Coventry, United Kingdom, CV1 1

Job Description

Maeving Coventry, England, United Kingdom

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Maeving Coventry, England, United Kingdom

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Consumer Additions Senior Finance and Commercial Recruitment Executive Search Retail, FMCG, Leisure, Luxury

Please note any direct applications or 3rd party introductions to the client will be forwarded to Consumer Exec and no fee will be payable

Maeving is the UK's leading electric vehicle manufacturer, and Britain's first electric motorcycle business. Everything from the design to the Direct-to-Consumer business model represents a significant disruption in what is already a new and exciting emerging sector. Based in Coventry, in the heartland of British motorcycle heritage, the team boasts the brains behind some of the most iconic motorcycles of the last 25 years. In 2024 they were recognised as the No. 3 best start-up in the UK by startups.co.uk. They launched in the US, Germany, and France in 2024, and grew revenue 4x.

Following the completion of our successful Series A funding round, they are now are looking for a CFO to join our senior leadership team and help take the business to the next level. The ideal candidate will be a highly ambitious finance lead with experience in high growth product businesses. They will recognise the upside potential of joining an electric vehicle business in its early stage, and will be willing to work hard to ensure its success. They will be excited and energised at the opportunity to develop and build a team around them.

The CFO will be responsible for the overall management of the finance function and its integration within the rest of the business. You will work directly alongside the CEO (ACA/CFA qualified) in fundraising & business strategy. Maeving are looking for a super commercial finance professional whop can partner with non finance. You will be great at excel modelling and ideally have used Microsoft Dynamics (or have implemented a CRM system) You will take over the management of the financial model and cash flow, and who is comfortable working closely with marketing, purchasing, and production to ensure efficient allocation of resources.

With significant growth planned across all markets to £100m revenue by 2028, the business is now ready for a driven and dynamic CFO who can be both "hands on" and strategic. With a complex supply chain of 350 components across 80 suppliers, working capital and cash flow management is key.

Initial focus will be on streamlining processes and making them less manual (mainly through leveraging experience of Microsoft Dynamics), focusing on working capital and cash flow modelling and then partnering with Sales and Production teams to streamline and deliver insightful management information to drive cost saving and revenue growth.

Responsibilities

Managing and building on our team of 4 (finance director, management accountant, junior accountant, and accounts assistant).
Managing resources across the various business functions to most efficiently drive growth.
Deliver business partnering and FP&A across all areas of the business to drive cost saving and revenue/margin growth.
Consolidation of accounts across our 4 major markets (UK, USA, Germany, France), and replicating the process as we expand into Italy and Spain in 2026.
Assist the CEO in fundraising and corporate finance related activities. Deliver all investor reporting.
Significantly improve functionality and broaden implementation of our ERP system, Microsoft Dynamics

Candidate Profile

Must Have:

Fully qualified (ACA ACCA CIMA or overseas equivalent)
Extremely strong financial modelling skills
Commercial finance experience, ideally in an SME environment
Experience in highly complex working capital cycles/cash flows (most likely manufacturing or low margin retail)
Ideally Microsoft Business Central/Microsoft Dynamics exposure (or have at least Implemented a CRM etc)
Ability to be in Coventry 3 days a week

Nice to Have:

Experience in a DTC business
International Experience

Location:

Coventry - Hybrid working with 3 days commitment as a minimum in Coventry

Salary - dependent on experience. Significant six figures

Equity - Huge value creation opportunity

Thank you for your application. Due to the high number of applications we are, unfortunately, not able to provide individual feedback to every candidate at this stage of the process. If your application is successful however, you should be hearing from us in due course.

Seniority level

Seniority level Executive

Employment type

Employment type Full-time

Job function

Job function Accounting/Auditing and Finance
Industries Motor Vehicle Manufacturing, Appliances, Electrical, and Electronics Manufacturing, and Online and Mail Order Retail

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