Part-Time Finance Director

A part-time finance director (FD) works as a company’s finance director, but on a part-time basis. A part-time FD typically works for small or medium-sized businesses that don’t require a full-time finance director, or for businesses that require specialist skills or expertise on a less frequent basis.

Part-time FDs provide strategic financial advice, leadership and guidance to senior executives. They also oversee financial reporting, planning, and analysis. They’re responsible for ensuring that an organization’s financial systems and controls are robust. They also ensure that financial risks are properly managed, and that financial targets are met.

A part-time FD can be an affordable alternative to a full-time finance director, providing a cost-effective solution for smaller businesses, while bringing the same expertise, skills, and strategic insight as a full-time FD.

Virtual Finance Director

A Virtual Finance Director (VFD) provides finance director services to an organization on a remote, outsourced basis. VFDs work on a part-time basis providing the same level of support as a part-time finance director, but with the added flexibility of working virtually.

Bringing strategic financial leadership, advice, and guidance to senior executives they also oversee financial reporting, planning, and analysis. They use technology to perform their duties remotely, such as video conferencing and online collaboration tools.

VFDs can help businesses save on costs while providing a trusted and independent perspective on business and financial matters. They can help organizations to achieve their financial goals through effective planning and management.

Non-Executive Director

A non-executive director (NED) is a member of a company’s board of directors who isn’t a member of the company’s executive management team. They are usually independent, part-time members of a company’s board. They work with, advise and monitor the executive directors, but they don’t have any executive responsibilities.

NEDs bring a range of skills, expertise and experience to a board, and act as an independent voice to drive good corporate governance, effective risk management and strategic decision-making.

They’re responsible for monitoring executive management, providing constructive challenge, and ensuring that the interests of all stakeholders are properly taken into account.

In short, NEDs are a crucial part of a company’s board, providing an external and unbiased perspective on company matters.