Chief Financial Officer
Reporting to: Chief Executive Officer
Location: Milton Keynes (with UK travel)

Role Overview

The Chief Financial Officer (CFO) will lead the financial strategy, governance, funding, and commercial performance of a rapidly scaling national healthcare imaging provider.

This is a board-level appointment responsible not only for financial control and reporting, but for driving enterprise value, supporting acquisitions, optimising capital deployment (mobile fleet, relocatable units, imaging equipment), and preparing the business for potential private equity investment or strategic exit.

The CFO will operate as a strategic partner to the CEO and Board.

Key Responsibilities

1. Strategic Financial Leadership

Develop and execute a 3–5 year financial strategy aligned with national expansion plans
Support growth from current turnover toward £30m+ and beyond
Lead financial modelling for new sites, modular hubs, mobile fleet expansion, and tender pricing
Drive EBITDA growth and margin optimisation
Prepare the business for institutional investment and/or IPO

2. Financial Control & Governance

Oversee all financial operations, reporting, and compliance
Ensure robust month-end and year-end reporting
Implement scalable financial controls suitable for a multi-site healthcare provider
Oversee audit process and statutory accounts
Manage banking relationships and debt facilities
Ensure full compliance with HMRC, Companies House, VAT, payroll and NHS payment structures

3. Capital Allocation & Asset Strategy

Optimise funding structures for:

o Mobile CT and MRI fleet

o Relocatable modular builds

o Imaging equipment procurement

Evaluate lease vs purchase vs hybrid funding models
Manage asset utilisation and return on capital employed
Develop generator, engineering and service cost models

4. Commercial & Tender Support

Support pricing strategy for NHS and private sector contracts
Lead financial modelling for:

o Per-scan tariffs

o Weekly rental contracts

o Managed service agreements

o Revenue-share arrangements

Assess commercial risk in SLAs and contractual agreements
Support negotiation of large NHS Trust contracts

5. M&A and Investment Activity

Lead financial due diligence on acquisitions (e.g. imaging centres, specialist diagnostic providers, wellness imaging ventures)
Structure funding and equity arrangements
Model earn-outs and equity splits
Support board decision-making on acquisitions and capital raises

6. Cashflow & Working Capital Management

Manage a high-cashflow, capital-intensive business model
Forecast cash requirements for fleet expansion
Oversee debtor control (particularly NHS payment cycles)
Ensure strong working capital discipline

7. Systems & Infrastructure

Oversee finance systems (e.g. cloud-based accounting platforms)
Implement scalable reporting dashboards
Drive integration between operational KPIs and financial performance
Support data-driven decision making across sites

8. Board & Investor Reporting

Prepare board packs
Present monthly performance analysis
Develop KPI dashboards (utilisation, contribution per modality, per-site profitability)
Prepare materials for lenders or investors

Person Specification

Essential Experience

Qualified Accountant (ACA / ACCA / CIMA)
10+ years’ senior finance leadership experience
Experience in a capital-intensive, multi-site business
Proven track record of scaling a business
Experience working with banks, lenders or private equity
Strong commercial acumen

Highly Desirable

Healthcare sector experience (private healthcare, diagnostics, NHS contracts)
Experience in asset-backed or equipment-heavy businesses
M&A transaction experience
Experience preparing a business for exit
Experience in a high-growth entrepreneurial environment

Key Competencies

Strategic thinker with operational discipline
Commercially ambitious yet financially prudent
Comfortable in a fast-growth environment
Strong negotiator
High integrity and governance-focused
Analytical and data-driven
Able to challenge executive leadership constructively

Success Metrics (First 24 Months)

Robust financial reporting structure in place
Improved EBITDA margin
Optimised funding of fleet expansion
Reduced debtor days
Successful support of at least one strategic acquisition
Clear pathway to £30m+ turnover
Exit-readiness infrastructure established

Why This Role Is Critical

As the organisation transitions from founder-led growth to structured national scale, the CFO will:

De-risk expansion
Improve capital efficiency
Enable acquisitions
Prepare for investment or exit
Increase enterprise value

This is not a traditional financial controller role.

It is a strategic finance and value creation leadership position.

Job Type: Full-time

Pay: Up to £75,000.00 per year

Work Location: In person

Jennie Reeves Radiography Agency

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Chief Financial Officer (CFO)