Louise Shute

Celebrating International Women's Day with Louise Shute

​In celebration of International Women's Day, we continue our series by highlighting the inspiring journey of female leaders in finance who are making a significant impact throughout their career.In this installation we are thrilled to feature an interview with Louise Shute, the Chief Financial Officer of Hollybank Trust, a not-for-profit care provider dedicated to supporting individuals with complex needs. Since joining Hollybank Trust in 2019, Louise has been instrumental in driving financial sustainability, operational efficiency, and strategic growth. Her leadership goes beyond numbers, focusing on ensuring that every financial decision aligns with the organisation's mission to provide outstanding care. Join us as we dive into her career-defining moments, the traits that have contributed to her success, and her invaluable advice for the next generation of female finance leaders. ​1.Please can you provide a summary of who you work for and your current role?I am the Chief Financial Officer of Hollybank Trust, a large not-for-profit care provider that delivers specialist care and education to individuals with complex needs. Since joining in 2019, I have been responsible for overseeing finance, IT, estates, and HR, ensuring financial sustainability, operational efficiency, and a strong, well-supported workforce. My role is not just about numbers—it’s about making sure every financial decision supports the organisation’s mission. I work closely with the executive team and trustees to strategically plan for the future, secure funding, and drive initiatives that enhance the care we provide. This includes leading acquisitions, driving digital transformation, and optimising resources to ensure we remain sustainable and continue to deliver outstanding care in an increasingly challenging financial landscape.​2.What have been the one or two most defining moments in your career to date?A few pivotal moments have shaped my career and leadership style: Building a finance function from the ground up – One of my most challenging and rewarding experiences was setting up an entire finance team from scratch for a large care group. Bringing the finance function in-house, creating new systems, and ensuring financial stability in a complex organisation gave me invaluable leadership experience. Leading an acquisition – More recently, I successfully led the acquisition of a care business, ensuring financial due diligence, securing funding, and integrating the new business into our operations. This was a defining moment in navigating the complexities of growth while maintaining financial security. Driving digital transformation – Overseeing our transition to a nearly paperless organisation has been a major milestone. Introducing new financial, HR, and operational systems has made us more efficient and forward-thinking, ensuring we are well-equipped for the future. Beyond these, every year brings new challenges in the not-for-profit and care sector, where funding is tight, costs are rising, and financial sustainability is an ongoing battle. Navigating these challenges while keeping the organisation strong and adaptable is something I take pride in.​3.What are the most important personal traits, values or characteristics that, being a female finance leader, has really helped to contribute to your success?Leadership isn’t just about making decisions—it’s about bringing people with you. The qualities that have shaped my success as a finance leader include: Compassion and genuine interest in people – I care about my colleagues and take the time to listen, understand their perspectives, and create a supportive environment. Decisiveness and resilience – In finance, tough decisions need to be made. I can balance strategy with reality, ensuring we remain financially stable while protecting the organisation’s core values. Strong communication – Finance can sometimes feel like a separate world, but I ensure complex financial insights are communicated clearly to teams, trustees, and stakeholders so they can make informed decisions. Positivity, even in difficult times – The financial landscape for care providers is constantly evolving, and it’s easy to focus on the challenges. I believe in staying solution-focused and adaptable, ensuring we embrace change rather than fear it. A positive outlook helps to motivate teams, find creative solutions, and maintain momentum even during difficult periods. I wouldn’t say I’ve faced direct challenges as a woman in finance, but finance leadership remains a male-dominated space, especially at board level. Many women struggle with imposter syndrome, and I think it’s crucial to own your expertise, trust your ability, and bring your unique strengths to the table.​4.What is the one piece of advice that you would share with the next generation of female finance leaders as they look to build their careers?My biggest piece of advice is: do what makes you happy. You spend so much of your life at work—it’s essential to enjoy it. If you don’t, don’t be afraid to seek out something that challenges, excites, and fulfils you. Beyond that, a few key lessons I’ve learned: Be true to yourself. Work for organisations that align with your beliefs, morals, and values. Build a strong team. Surround yourself with capable, driven people—it will make all the difference. Keep learning. I haven’t had an official mentor, but I invest in seminars, courses, and networking to continuously grow. Finding a mentor or widening your professional network can be invaluable. Stay adaptable. Finance, technology, and the business landscape are evolving rapidly. Staying open to change and embracing new ways of working will set you apart. Above all, believe in yourself. Women often doubt their abilities more than men, but confidence comes from experience. Keep learning, keep leading, and don’t be afraid to step up and take your seat at the table.​Louise’s journey is a testament to her power of resilience, compassion, and strategic vision in leadership. Her dedication to Hollybank Trust's mission and her ability to navigate the complexities of the not-for-profit sector have set a remarkable example for aspiring female finance leaders. Her advice to stay true to oneself, build strong teams, and continuously learn resonates deeply, reminding us all of the importance of passion and adaptability in our careers. We hope her story inspires and empowers the next generation of women to pursue their ambitions with confidence and determination. While women are making strides in leadership roles, a significant gender gap still exists. In 2024, 36% of new CFO hires in FTSE 100 companies were female, a notable increase from 2023 when only 14% of new hires were female [1]. Despite this progress, women hold only 25% of CFO positions in the FTSE 100 [2]. These statistics highlight the ongoing need for greater gender diversity and support for women in finance. ​Looking for your next career move in finance or accountancy? At Sharp Consultancy, our expertise lies in matching your potential with the perfect temporary, interim, or permanent position. With a well-established presence in Leeds and Sheffield, our seasoned team of consultants extends their services across Yorkshire and beyond. Don't wait for opportunity to knock, reach out to us TODAY and let's chart your career path together.

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Senior Interim Finance Specialists – a Market Overview by Business Manager, Stuart Douglass

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Sharp Consultancy is Yorkshire’s largest, most experienced and best-connected independent company committed exclusively to financial recruitment.

Our division of dedicated Interim Specialists focus exclusively on Senior Finance. We asked one of the key members of that division, Stuart Douglass, Business Manager to share his valued opinions and observations on the current market.

Stuart is a senior interim specialist who joined Sharp Consultancy in 2016 and has over 20 years of experience in financial recruitment. He has provided case studies to highlight the major benefits of utilising an interim finance specialist and explores the ever-changing dynamics of the candidate market.

Although dynamism, agility and expertise have always been essential in the world of business for growth and success. Interestingly, over the past 12 months we have seen these elements have been even more crucial to businesses throughout the region. There has been a distinct and obvious increase in the demand for and supply of Senior Interim Finance Specialists.

Two of the top motivations in hiring a Senior Finance Interim during the last 12 months have been:
​Navigating Organisational Change

Changes in personnel or ownership can be turbulent times for any business of any size or structure. Finance Interim Specialists serve as steady navigators, guiding companies through these changes with their strategic foresight and experience to ensure the impact remains positive. Case Study 1 provides an example of just that.

Case study 1 - Navigating Organisational Change:

MD - "Our £40m t/o business was due to be acquired by a private equity business and I was worried that our current FD just didn’t have the experience to take the organisation through this type of change. Sharp Consultancy was recommended to me by our bank and following a briefing meeting they quickly identified and submitted three candidates who all had the change management experience in a PE setting that was needed. Interviews were arranged and one of the candidates was a perfect fit (a local chartered accountant with a big 4 background who also had the interpersonal skills to engage with all the relevant stakeholders). When the candidate started and got up to speed quickly, we liked them so much we offered them a permanent role which gave us fantastic stability going through the deal. They helped us recruit new people into the team and set us on a great path. I believe the main benefits of hiring a contractor like this were being able to bring someone on board quickly that had the exact experience to manage us through the significant change process. The hidden bonus was the interim also brought his own network of advisors which was also extremely useful. I wouldn’t hesitate in recommending Sharp Consultancy if you are about to embark on a similar journey."

​Project Management

Sometimes, even the strongest teams may find project management difficult and that can lead to distressed teams and may create unnecessary risk. This is where a Finance Interim Specialist and their fresh perspective and focused guidance can support a finance function, steering it towards efficiency and success using years of seasoned experience whilst owning such a specific project.

Case Study 2 - Project Management:

Operations Director"When our business gained private equity backing, our acquisition pipeline literally exploded….at our peak we were acquiring 5-6 new businesses each month! Our finance team of 8 people needed to grow quickly, and our systems were just not equipped to cope with the new demand. This all happened within a few months, so we engaged with Sharp Consultancy as we needed accountants quickly. At that point, we had identified a more appropriate ERP system but knew it would take a couple of years to transition to the new set up. Over the next five years, Sharp Consultancy provided us with over 25 Accountants at various stages in the process. Some supported simple accounts preparation, some were change agents, some supported finance systems developments and others helped with important integration work. Without the support from Sharp, the speed of response, the deep understanding of the type of candidate character and attitude we liked, I don’t think we could have achieved anywhere near what we did. Some of those contractors have stayed with us long term, such was the accuracy of the initial introduction. "

In addition to the above, we have seen changes in the candidate market. A new wave of Finance Interim Specialists with excellent experience and knowledge are embracing interim assignments. In part this has been caused by redundancies. However, the main factors for the increase in candidates is twofold; firstly, more and more candidates are making a conscious career move to become an Interim Specialist and secondly there has been a growing market across candidates who are based further afield with the option of hybrid/flexible working now more common the candidate pool has become a national one. The increased demand we have experienced across Yorkshire has certainly created plenty of attention for the region.

Although the hybrid model is as popular as ever throughout the interim market, it has been obvious that fully remote opportunities have reduced significantly, with most clients requiring some presence within the business.

In turn, with more candidates in the market increasing our clients’ options, it has been a fine balance between utilising modern candidate attraction methods without any risk of sacrifice to quality. As with all candidates, regardless of location, quality control is paramount and all our candidates continue to be met, screened, and referenced vigorously.

Conclusion

The decision to hire a Senior Interim Finance is more than a stop-gap solution; it’s a strategic move towards a proactive solution.

The availability and diversity of expertise from Finance Interim Specialists is increasing, fuelled by flexible working opportunities.

Sharp Consultancy’s dedicated Senior Interim Finance division is the longest standing in Yorkshire and the most experienced, focused, and knowledgeable in the region.

For more information about hiring one of your own Interim Specialists or finding that perfect interim finance role please call 0113 236 6300 and ask for Stuart Douglass.