Tara Group Expands Finance Team to Propel Growth Towards £400 Million by 2030
Tara Group, a leading construction services provider based in Chasetown, Burntwood, is bolstering its finance department with key leadership appointments aimed at achieving substantial growth over the next five years. The company employs over 250 individuals and aims to enhance its operational efficiency and financial strategy to reach ambitious sales targets.
Key Appointments in Tara Group’s Finance Division
The recent recruitment drive at Tara Group has introduced two seasoned finance professionals: David Grady as Chief Financial Officer (CFO) and Taranjit Tiwana as Finance Director for Cameron Homes, the company’s open market business.
David Grady: A Wealth of Experience
David Grady brings a robust background to his new role, having previously served as CFO at Central England Co-op. His extensive career spans over several reputable firms such as PWC, Donaldsons, and Tarmac. Most notably, he recently held the CFO position for both the Birmingham 2022 Commonwealth Games and the University of Wolverhampton. Grady’s expertise will play a pivotal role in steering Tara Group through its strategic financial roadmap.
Taranjit Tiwana: Driving Financial Success
Taranjit Tiwana joins Tara Group with 12 years of experience working for Redrow Homes in the East Midlands and Yorkshire. As an ACCA-qualified accountant, he is set to support the Managing Director and senior leadership team in executing the company’s five-year business plan. His roles will include effective business partnering and financial forecasting, essential for driving the business forward.
New Focus on Tax and Financial Compliance
In addition to Grady and Tiwana, Kiera Pascoe has been promoted to the newly established role of Director of Tax and Financial Compliance. Pascoe has dedicated 18 years to Tara Group as the finance director for Chasetown Civil Engineering. Her deep-rooted understanding of the business will be invaluable as the finance department aims to ensure regulatory compliance and optimize financial operations.
Navigating Economic Challenges
Tara Group’s Chief Operating Officer, Julie Caudle, expressed confidence in the new appointments despite the ongoing market challenges. She stated, “These moves provide us with a solid financial foundation to target new opportunities and continue our trajectory of growth.”
Bridging Three Businesses for Enhanced Efficiency
Tara Group encompasses three distinct but interconnected entities: Cameron Homes, Chasetown Civil Engineering, and Keon Homes. Each component has devised five-year growth plans centered on strategic land acquisition and maintaining high-quality build standards. The focus on collaboration among these businesses aims to streamline processes from initial project costings through to production and delivery.
Ambitious Growth Targets
The recruitment of Grady, Tiwana, and Pascoe is a strategic maneuver designed to support the company’s aspiration of achieving £400 million in sales by the year 2030. New CFO David Grady remarked, “This is a fantastic time to be joining Tara Group as we map out our growth. A strong finance function is crucial, and we’re investing heavily in both talent and technology to enhance efficiency.”
Commitment to Workforce Development
Tara Group is not only focused on financial growth but is also committed to fostering a strong workforce. The company has recently onboarded 10 groundwork apprentices and five graduates, with an additional six trade apprentices expected to join before the year concludes. This commitment to training ensures that Tara Group remains competitive and responsive to the needs of the construction industry.
A Legacy of Excellence
Founded in 1974 by Noel Sweeney, Tara Group continues to operate under the Sweeney family ownership. With its three offices strategically located in Chasetown, the company offers a full spectrum of construction services, including open market housing, civil engineering for major projects, and affordable housing solutions across the Midlands.
Conclusion
As Tara Group embarks on a new chapter with its enhanced finance team, the company is well-positioned to navigate challenges and seize opportunities in the ever-evolving construction landscape. Through strategic appointments and a focus on efficiency, Tara Group is set to solidify its status as a market leader over the next five years.
By prioritizing both financial and operational excellence, Tara Group aims to remain at the forefront of the construction industry while contributing to the increasing demand for housing supply across the region.
