Livingston James retained by Hacking & Paterson to appoint new Group CFO

Founded in 1922 by William Hacking & David Paterson, and headquartered in Glasgow, the firm of Hacking & Paterson has steadily grown and owns Scotland’s largest property factoring business, operating from offices in Glasgow, Edinburgh and Stirling. They continue to be recognised as a highly respected property management business, widely acknowledged for its reliable and professional property factoring services. Through the Group the business manages a diverse portfolio of residential developments, from traditional tenements to modern apartment complexes and large mixed-use estates across Scotland. As a member of the team now 130 strong, you’ll be joining an organisation with over a century of experience in property management, committed to maintaining the value and quality of properties through comprehensive, long-term solutions.

Due to continued business growth and the creation of a new Group leadership team, Hacking & Paterson has a requirement to recruit a Group Chief Financial Officer. Reporting to the Group Chief Executive Officer, David Doran, and working closely with the Non-Executive Chairman, Neil Watt, and Operating Boards of the subsidiary companies, the Group Chief Financial Officer will be responsible for the financial leadership of Hacking & Paterson and all other associated companies.

This is a key position and the successful candidate will play a critical role in ensuring the sound financial stewardship of the business, contributing significantly to strategic development and growth initiatives. With ambitious plans for the future, the focus going forward is on growth and building on Hacking & Paterson’s already strong market position in a sector undergoing generational change. As such, there is a requirement for a Group CFO capable of performing the role as it stands today but also in the future as the business scales in size and complexity, which will likely involve M&A activity into new markets and locations.

Hacking & Paterson has an established finance department which is predominantly responsible for cash management, bookkeeping data processing and credit control. It is expected that the Group CFO will bring new ideas, structure and impetus to the financial areas of the business, extending to responsibilities for group real estate and facility management and expenditure. In particular, it is envisaged that the new Group CFO will conduct a review of current team structure, systems, processes and reporting, identifying any areas where it may be possible to provide an improved service to the business and implementing solutions to maximise efficiencies.

The preference is for a proactive Group CFO who will drive improvements and change, whilst providing sound financial advice to the Group leadership team and mitigating potential risks. This would include a focus on areas such as supporting business decision-making, controlling costs, developing insightful management information and analysing investments into new markets and commercial opportunities.

The Group CFO will be involved in advising the leadership team and company Boards and supporting stakeholders across the business; helping identify and develop strategies to maximise revenue and profit growth. As such, cultural fit and alignment with the established management team will be as important as the to do the job, with the successful individual displaying ambition to grow with the business over time.

If you are interested in finding out more about this role, please reach out to Mark Lewis at [email protected]. All third-party or direct approaches to Hacking & Paterson will be redirected to Livingston James for inclusion in the process.

Hacking & Paterson – Group CFO – Position Profile

Hacking & Paterson is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status or pregnancy and maternity.

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