Group Finance Director
Manufacturing Organization NW BasedTwo Manufacturing Sites Combined Turnover £35 Million; 250 Employees · Recruited in 2001 to assist the Board manage a £7 million Capital Investment Programme over 3 years. · Worked with Banks and Asset Finance Houses to implement Funding for significant Growth from £12 million turnover to £17 million turnover in 3 Years. · Negotiated Sale of 65 % of Equity and Earn Out Agreement to European Buyer and managed the Due Diligence process. · Controlled subsequent Sale and Buy back of final 35% Share Sale at end of Earn Out to satisfaction of Banks and the UK and European Boards. · Managed change of Banks and introduction of CID facilities in two UK Companies to fund further growth in Sales from £17 million to £23 million. · Integrated banking, finance, IT and HR functions for two UK sites, totaling £37 Million Turnover · Introduced, daily, weekly and monthly reporting to satisfy UK and European Management requirements · Strategic advice and cash flow forecasting introduced. · Operationally controlled all aspects of the finance function.