‘FDs shape the future of businesses’
FINANCE directors are crucial to the future direction of a business, according to Ernst & Young partner Gary Davison.
The achievements of finance directors will be celebrated at the North West Finance Director of the Year Awards later this year. Entries are now being accepted for the awards.
Mr Davison, a partner in the capital and debt advisory team in Manchester, believes the FD’s role in the financial positioning of a business is essential to future strategy decisions.
He said: “An FD is critical to the direction and trajectory of the business. He or she will provide clear and meaningful insight in the financial positioning of the business enabling the board to make sound decisions based on solid facts.
“At the same time the FD is guiding them through areas of potential financial vulnerability and ensuring the capital structure of the business remains appropriate for their future path.”
He added: “An FD is the custodian of solid corporate governance and controls ensuring credibility with major stakeholders. The role brings clarity to the trading performance and identifies key risks in the business plan.”
The achievements of finance directors will be celebrated at the North West Finance Director of the Year Awards later this year. Entries are now being accepted for the awards.
The 2012 awards categories are:
• Best FD of a Limited Company (under £50m turnover)
• Best FD of a Limited Company (over £50m turnover)
• Best FD of a Plc
• Young FD of the Year (up to 40 years of age)
• Best FD of a Private Equity-backed Business
• Best FD of a Public Sector Organisation
• Outstanding achievement award
Judging will take place during November with the black tie awards dinner on November 28 at The Hilton Hotel, Manchester.
The awards are being supported by Sewell Recruitment, Barclays, Ernst & Young, and Squire Sanders. The BusinessDesk.com is media partner for the awards in the North West and Yorkshire. For further information on the awards, categories and tickets, visit www.fdawards.co.uk.
