Host: Welcome to "Executive Insights," the show where we break down the trends, challenges, and strategies shaping the recruitment of top-level talent. I’m your host, Adrian Lawrence, and today’s episode is all about a growing trend in the finance world—the recruitment of part-time Finance Directors.

Whether you're a business leader looking to strengthen your financial team or a finance professional considering a part-time role, this episode is packed with valuable insights. Let's get into it!

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Host: When most people think of a Finance Director, they picture someone who’s deeply embedded in the day-to-day operations of a company, keeping a sharp eye on budgets, forecasting, and financial strategy. Traditionally, this has been a full-time, high-pressure role. But in recent years, the rise of part-time and fractional Finance Directors has transformed the recruitment landscape.

Businesses—especially small and medium-sized enterprises (SMEs)—are realizing that they don’t always need a full-time Finance Director, but they do need someone with the expertise and strategic thinking to guide them through complex financial decisions. This is where part-time or fractional Finance Directors come in.

But how do you recruit the right candidate for such a critical role on a part-time basis? Today, we’ll unpack the challenges and opportunities, and hear from industry experts who’ve navigated this space successfully.

Host: So, why are companies turning to part-time Finance Directors? There are a few key reasons.

First, it’s cost-effective. Hiring a full-time Finance Director can be expensive, especially for smaller businesses that may not require daily financial oversight. By bringing in someone part-time, companies can access top-tier expertise without the full-time salary.

Second, many businesses are growing more comfortable with flexible, remote, and part-time work. Post-pandemic, the traditional 9-to-5, in-office setup has become less relevant. Financial professionals can work flexibly, delivering high-value insights without being physically present every day.

Finally, the growing complexity of financial regulations and market conditions means that even smaller organizations need high-level financial strategy. A part-time Finance Director can help them with key decisions—whether that’s fundraising, navigating cash flow challenges, or planning for growth.

"The companies that approach me for part-time work often have big ambitions, but they don’t need a full-time CFO just yet. What they need is targeted advice on cash flow, investment strategy, and compliance—things that can be done on a fractional basis without losing the impact."

Host: Despite the benefits, recruiting part-time Finance Directors isn’t without its challenges. Let’s talk about a few key hurdles that businesses and recruiters face.

A part-time Finance Director needs to hit the ground running. They often work with companies that need immediate solutions and fast results. This means recruiters must look for candidates with not only technical skills but also deep industry experience, a strategic mindset, and the ability to manage change.

"When you're hiring part-time, there's no time for a steep learning curve. You need someone who understands your industry’s challenges and can offer insights from day one."

Host: Another key challenge is setting clear expectations. A part-time Finance Director's role can be very different from that of a full-time one. How much time will they be expected to dedicate? Will they be involved in day-to-day operations, or focus solely on long-term strategy? It's crucial that both the company and the candidate are on the same page about the scope of work.

Companies also need to understand that while they might want full-time results from a part-time role, they must align their expectations with the candidate’s availability and the hours allocated.

FD Capital are leaders in Part-Time FD Recruitment