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Finance Recruitment

How to Hire a Finance Director in the UK (2026)

Owning the finances and steering the business commercially. Hiring a Finance Director.
By Mark Wilkinson, Managing Director of Coburg Banks
Mark has over 30 years in recruitment, placing finance and accountancy professionals from Accounts Assistant to Finance Director across the UK.
Mark's Linkedin Profile

A Finance Director owns the numbers and helps steer the business - reporting, controls, cash and strategy. In an SME they wear many hats, so you want someone technically sound and truly commercial, comfortable without a big team around them.

⚡ In short

A UK Finance Director typically earns £75k-£120k plus bonus. Expect a placement in 8-14 weeks. Coburg Banks recruits Finance Directors with no fee until your hire starts and a 12-week guarantee.

£75k-£120k

Typical base salary

8-14 weeks

Time to hire

48 hrs

To first shortlist

12 wks

Replacement guarantee

What to look for in a Finance Director

1

Commercial, not just technical

Ask how their input changed a business decision, not just how they closed the books.

2

SME fit

An SME FD works without corporate support. Screen for someone who thrives in a leaner setup.

3

Qualified and experienced

Look for a qualified accountant (ACA, ACCA or CIMA) with real FD-level experience.

How to run the hire

1. Define the remit
Decide what the FD must deliver - controls, cash, growth, funding - and the measures.

2. Match the profile
A corporate FD and an SME FD are different animals. Target the one that fits your business.

3. Include a business exercise
A short strategy or scenario reveals commercial thinking better than a CV.

4. Run structured interviews
Compare candidates on the same competencies, technical and commercial.

5. Reference the impact
Confirm they added commercial value and managed risk, not just reported it.

Frequently asked questions

How much does it cost to hire a Finance Director?

Fees typically run 20-25% of first-year salary, capped and agreed upfront.

Nothing is due until your hire starts, and for senior or confidential briefs we can discuss a retained approach.

How long does it take to hire a Finance Director?

Around 8-14 weeks.

Notice periods are often three months at this level, and scope clarity is the biggest driver of a fast, accurate search.

What does a Finance Director do?

A Finance Director owns the finance function - reporting, controls, cash, budgeting and often funding - and contributes to business strategy at board level.

In an SME they're hands-on across all of it; in larger firms they lead a finance team.

What's the difference between a Finance Director and a CFO?

The titles overlap. A CFO is usually the most senior finance role, often in larger or investor-backed businesses, with a stronger strategic and funding focus. An FD may be more operational.

We scope the real remit before searching.

What should I ask a Finance Director at interview?

Try: Tell me about a decision your input changed.
How do you manage cash in a tight month?
What controls would you check first in a new business? and What would you focus on in your first 90 days here?

Do you place Finance Directors for SMEs?

Yes - SME and mid-market FD roles are a core focus for us.

We look for people who thrive hands-on without a large team, which is a different job to a corporate FD role.

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