12 October 2016
By Elaine Murphy
The FD Centre celebrates its first year in business in Ireland. Headed up by chartered accountant and experienced financial advisor, David Hyland, the company provides owner-managed businesses with high calibre part-time Finance Directors who work in regional teams to support clients – a flexible cost-effective solution to a full-time equivalent.
David Hyland explains, “A key part of our role is to help busy Managing Directors off-load the worry and burden of the finance function and allow them to focus on growing their businesses. When you take on a full-time Finance Director, the business takes on a high cost and is limited to that person’s skills and experience. Taking on a part-time Finance Director with The FD Centre means your business has essential high level finance skills in the key areas of strategy, operations and business support needed for the business to succeed. We help businesses to achieve the goals their founders set by successfully managing the areas where the client most needs help, for example, risk assessment, funding, cash flow management, profit improvement, reports and internal controls, to name a few”.
“With on-going improvements in the Irish economy and with our growing portfolio of clients in sectors such as technology, manufacturing, engineering, motor, printing and food, we see there is a large number of indigenous SMEs who need to get to the next level. They have a turnover of about €1million and 15-20 employees and need finance director level expertise but they don’t have the budget to employ someone full-time. We can plug that gap and eliminate the huge risk to the business from an under resourced finance function particularly given the challenges facing business owners today such as Brexit”, said David Hyland.
The FD Centre Group is the leading global provider of part time FDs in the UK, mainland Europe, USA, Canada, Asia, Australasia and Africa.