Financial Director
Bkn New Media Ltd
100% subsidiary of listed German parent. Animation producer.Turned around a failing business, when group was struggling and UK office faced closure. Led group from loss making to results across 4 countries of €20million turnover/€4.0m profit. £5mil UK turnover.Working with board in setting strategy, funding and development of the business e.g. setup of Barcelona office/studio, development of new HDTV studio. Improved profit levels thru periods of strong growth.Responsibility for the preparation and publication of the annual accounts for the group consolidated results as well as of all local subsidiaries. Adherence to stock exchange rules and regular investor/analyst discussionsLed group to a AIM listing, one of first foreign companies to join AIMRegular presentations to existing and prospective institutional investors re performance/share issues/finance raisings in London and Frankfurt. Liaising with analysts re forecasts.Negotiating 7 figure deals with major broadcasters like BBC, Fox USA, ITV, RTL, TVEResponsible for reducing operating costs across the 4 international companies by 30% from £8.5m to £5.9m.Negotiating banking facilities in various locations. Ensuring long term financing in place to support the company's business plan. Over £65m raised thru bank, bond and equity sources..Creation of a HD digital studio in London and Barcelona with a £3m initial investment.Development of IT function , including setting up of direct sell internet site bknstore.comControlling production investment of around £10m pa in new productions including all budgeting and cost control on said projects.Developing internal control systems of the group. Development of HR policies and strategy to ensure staff motivation and development as well as legal commitments.Managing 10 staff, 4 local finance managers as well as in IT, HR and Legal/Business Affairs.