FD Awards celebrate decade of change

THE Yorkshire Finance Director of the Year Awards are celebrating their 10th anniversary in 2011 and the last decade has seen some major changes in the demands of the role.

Finance directors have always had to keep pace with an ever changing web of accounting rules and regulations but that has been compounded over the last ten years by a technological revolution and the most serious downturn for generations.

The credit crunch put FDs in the spotlight more than ever before as the ability to explain a business’s position and direction convincingly became the key to maintaining the confidence of banks and other financiers.

This year’s Yorkshire Awards are sponsored by accountancy firm Ernst & Young, Sewell Recruitment Group, law firm Squire Sanders Hammonds and Santander Corporate Banking. TheBusinessDesk.com is media partner for the awards.

Cliff Sewell, chief executive of Sewell Recruitment Group, said: “We set the awards up 10 years ago as a way of acknowledging the key work finance directors do within any business.

“The last 10 years have given us a fascinating insight to how a role can change depending on the economic situation.

“From the top of the market through the recession we have been able to closely understand how the FD has had to change themselves and their role to ensure businesses succeed in both good and bad times.”

Entries are now open for the awards and nominations can be made by clicking here.

The 2011 award categories are:

  • best finance director of a plc;
  • best finance director of a Ltd company;
  • best finance director of an SME (up to £25m turnover);
  • best finance director of a private equity company;
  • young finance director of the year (up to 40 years of age);
  • best interim finance director;
  • outstanding achievement award.

Judging will take place between June and August with the Yorkshire black tie awards dinner being held at Rudding Park on September 21.

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