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CMAL - Finance Director


Thank you for your interest in the position of Finance Director at Caledonian Maritime Assets Ltd (CMAL).

The information in this microsite will, I hope, answer many of the questions you may have about the work of CMAL and the position of Finance Director. However, if you have any unanswered questions or you would like to find out more about what is involved, please contact Catriona Mackie or Emma McEneaney at Aspen People on 0141 212 7555.

CMAL owns the ferries, ports and harbours, and infrastructure necessary for the vital ferry services serving the West coast of Scotland and the Clyde Estuary. We also own and lease vessels which operate on the Northern Isles Ferry Service from mainland Scotland to Shetland and Orkney.

We aim to provide efficient, cost effective and safe ferries, harbours and port infrastructure for operators, communities, and users in and around Scotland.

We are wholly owned by the Scottish Government, with Scottish Ministers being the sole shareholders. The CMAL Board has an executive management team and supporting staff at headquarters in Port Glasgow.

The Board meets regularly with officials of Transport Scotland, which is an agency of the Scottish Government, and the Minister for Energy, Connectivity, and the Islands. Regular meetings also take place with operator, CalMac Ferries Limited, and many local groups, providing useful forums to assist us in our principal activity of providing, safeguarding, and developing ferries and harbours.

With an ageing fleet of vessels and harbours constantly requiring repairs the new Finance Director needs to be able to ensure that all funding is utilised effectively and efficiently. The next few years are going to require considerable work in building new vessels, maintaining the existing fleet of vessels, and repairing and rebuilding the harbours. Working to secure the necessary funding from the Government, to support the CMAL team in delivering the projects and utilising the funding received whilst maintain sufficient cash reserves will be a vital activity for the company. Supplying the CMAL team with good quality financial information without delay, ensuring the company complies with IFRS accounting standards and UK tax laws and finally managing the three pension funds will also be some key tasks of the role.

The Finance Director will report to the Chief Executive You will be working as part of a small team where you can call on expert advice to help you make up your mind on complex issues. The key skills required are; having the flexibility and drive to run an efficient and effective accounting and procurement function and being able to work with a group of highly skilled professionals to ensure that all day to day activities and projects are delivered successfully, within the deadlines, with the required quality and within budget thereby ensuring the success of CMAL in serving the needs of the communities that CMAL serves.

Yours Sincerely

Kevin Hobbs
Chief Executive Officer