With the managerial slot left empty at Finn Harps since Anthony Gorman's departure, Hegarty looked like the favourite to take the role at Finn Park. On 20 December 2006 Hegarty was named the new boss at Finn Harps after signing a two-year deal with the club.
With the managerial position vacant at Finn Harps since Anthony Gorman's departure, Hegarty seemed likely to assume the role at Finn Park. On December 20, 2006, Hegarty was named the new leader of Finn Harps after signing a two-year contract with the club.