David Milsom Email & Phone Number

Hull, United Kingdom

• Responsible for overseeing the consolidation and reporting of Group management accounts, annual budgets and quarterly forecasts.• Implementing accounting policies and procedures for the International Group and ensuring adherence by all worldwide Group companies.• Liaising with site finance teams to drive profit initiatives through each business.• Management of UK finance teams of 9. • Statutory accounts for all UK entities, the consolidated Group and managing the audit process.

South Wales

• Overall responsibility for finance, IT, HR, legal and Company Secretarial duties, managing a team of 6 staff including financial controller and IT manager.• Together with MD, manage the business and senior management team and train and mentor them through the changes required in the business. Chair a weekly meeting of the senior management team.• Preparation of long term strategic plans, annual business plans and forecasts. Preparation of departmental targets and KPI’s and continuous measurement and evaluation of actual against targets and the effect on reforecast. Presentations to Board of the financial position and recommendations for improvements.• Oversee timely and accurate preparation of monthly management accounts and annual statutory accounts. • Implementation of systems to report standard margins by customer and product. Ensure costings are completed prior to customer quotation and involvement in decision making process of order acceptance. Implementation of systems to collect actual costs and calculate variances against the costing. • Arranged new banking facilities and invoice finance facilities to meet the requirements of the business. Put in place systems and reports to meet the requests of the lender. Ensured monthly returns to the finance provider were made and reconciled to own systems.• Currency and treasury risk management. The seasonal nature of the business put great emphasis on good cash management. In addition, a significant element of business was transacted in dollars, so it was important to understand the flow and timing of transactions to ensure the company was well protected against currency movements.• Liaise with other external bodies such as HMRC and auditors. This included calculation, negotiation and agreement with HMRC of historic liabilities. • Forensic work in claims against previous operational directors and auditors

South Wales & Far East

• Overall responsibility for finance, IT, payroll and admin functions of one UK and 2 Far East subsidiaries, managing a small team of five in the UK, and larger teams in Hong Kong and China through two financial controllers.• Preparation of annual budgets, 3 year business plans, and periodic re-forecasts for the three operations. Liaise with other Group companies to develop manufacturing budget for the China facility. Complete Group budget packs and present budgets to Group CFO.• Oversee preparation of monthly management accounts and Group pack in line with Group reporting deadlines of 5 working days. Consolidate the accounts for the two Far East subsidiaries before submission. Present monthly accounts to senior management team.• Cost centre reporting and regular meetings with operational management to ensure adherence to cost budgets. Prepare departmental targets, compare against actual and review with management to ensure ongoing improvement. • Preparation of annual Group reporting pack for consolidation and preparation of subsidiary statutory accounts under IFRS and tax pack in line with Group requirements. • Overseeing preparation of product costing and reviewing costing templates and assumptions, in order to control and improve margin. Reviewing key customer contracts with managing director and sales director.• Working with managing director in identifying suitable acquisitions – 3 competitors successfully acquired, integrated into existing business, all earnings enhancing from year one.• Oversee Cash flow management and forecasting• Development of accounting and IT systems to successfully manage the growth of the company.

South Wales

Key Areas of Responsibility • Second in command of a finance operation of approximately 12 people.• Annual budgeting• Monthly management accounts and cash flow reporting• Statutory accounts• Cash management• Margin reporting and reconciliation• Cost centre reporting

Responsible for small accounts team preparing accounts for Group and for joint venture.

Responsible for preparation of monthly management accounts, statutory accounts and annual budgetingrequirements.