#BrighterThinking Business Advisory
Following the announcement its Finance Manager was to leave, Saxlund International urgently needed help in the handover, transition and recruitment of a new Head of Finance. Menzies Advisory team were on hand to provide the necessary support, skills and reassurance to the Managing Director. Here’s how we did it.
Our next steps to support the transition
Following a meeting between Saxlund International’s MD and Menzies, we began an immediate period of handover. Over the next four weeks our team worked closely to ensure not only a smooth transition out of the business for the outgoing Finance Manager, but also provide the necessary short to medium term stability whilst recruitment requirements were drawn up.
Once the Finance Manager had departed, Menzies managed the finance department for two months and made sure group reporting requirements were met along whilst supporting the remaining team of three. Our team undertook periodic visits and were available for ongoing and responsive remote support.
Our Advisory team then proceeded to work collaboratively with the Managing Director to put together a role requirement based not only on our experiences of working in the client environment, but its culture and most significantly an understanding the best fit for skills. This #BrighterThinking insight helped shape the type of candidates we were looking for and gave a great dual perspective.
Menzies People Solutions and Advisory team then worked jointly in the recruitment process to ensure the right mix of soft and technical requirements were found. Once recruited Menzies Advisory provided a handover and support to the new Finance Manager through the year end and group audit process, which started on their first day in post!
After the successful completion of the audit, Menzies Advisory have continued to support the new Finance Manager installing new improvements to the monthly reporting package and providing recommendations to further improve company’s individual and consolidated cash flow forecasts.
“We found Menzies HR approach to recruitment refreshing from start to finish. They gained a thorough insight into the role by completing a scoping visit to our offices and discussed our requirements with several of the team.
Following the initial telephone interview stage we had one of the Menzies Advisory team help us with the technical demands of the role and they completed the next set of interviews alongside Menzies HR.
The two candidates recommended to us to take to final interview were both very good and it was a close decision. We were kept up to date throughout the whole process and Menzies were a pleasure to work with on this project.
We felt there was a real difference to traditional finance recruiters as Menzies will be working directly with our new Finance Manager going forward, which gave us some added comfort in the whole process.”
Matt Drew – Saxlund International Managing Director
For more information and guidance on how Menzies Advisory team can – amongst other things – support your SME business through a period of transition, contact Phil Wright by calling 01489 566732 or by email on email@example.com.
About Saxlund International
Saxlund International Limited are a leading flat bottom silo and bunker discharge technology and conveyor systems developer for difficult bulk solid materials. Having constructed more than 3500 plants worldwide, Saxlund International are highly experienced in handling major projects and continue to set new industry leading standards in technical performance and reliability.
Strategic Business Advice
By gaining a real insight into our clients and their business, we are able to assist and challenge the management to help those goals be realised. Your business is a complex entity, with challenges and opportunities in many areas. To help you gain the insight you need, watch our video introduction to our advisory offering.