Head Of Finance
Bingham, Nottinghamshire, Ng13 8Gg
The business encompassed Xerox photocopier, printer and consumable office supply sales and a digital printing bureau. Beginning with 5 Companies, a turnover of £11m and a staff of 41, the Senior Management Team (MD, GM and myself) rationalised the group to increase profitability and concentrate on what we did best. We grew contractual service and maintenance revenues to build value into the company. I led a successful sale of the company in April 2014, yielding a price well above the market norm.Reporting to the MD, I managed a team of 5. My main responsibilities and achievements were:• All aspects of the Finance function including Financial Accounting, Management Accounting, Cashflow, Treasury, Budgeting, Payroll, liaison with external auditors.• Introduction of ERP system feeding external meter reading information directly into internal billing and CRM systems, reducing costs and improving controls.• Change Management including closure of non-core subsidiaries and a remote site, streamlining the Operations Team saving £70k p.a. and management of Culture Change to bring greater discipline to the way we conducted our business• Introduction of enhanced budgeting, reporting, controls and procedures to enable closer management of business performance• Resolution of 9 month accounting backlog (across 5 companies, with 2 bank accounts and 3 accounting ledgers) at the start of my employment whilst maintaining day-to-day financial operations• Management of Operations, HR, Company Secretarial and Administrative functions