Steve Jones

Summary

Finance Director, qualified accountant highly experienced in working for International Companies in a pan-European environment, with direct responsibility for all aspects of company financial affairs, with specific accountability for the management and direction of all aspects of financial control, management reporting, cash-flows, costing, budgeting, planning and forecasting, statutory accounting, tax and compliance.

Steve is highly skilled in IT systems associated with the ability to understand the Businesses cost drivers, be a Business partner for the non-financial departments of the organisation, review the associated processes and implement changes to make the processes fit the Company’s strategy, whilst bringing the staff on side to deliver the changes.


Experience

His responsibilities and experience as a Finance Director has included:

  • Running own successful consultancy business for 5 years.
  • Production of accounts for 12 divisions of a company
  • Cash management of a company in both a downturn and a £3 to £20 million growth
  • Responsibility for up to 50 financial staff
  • Working as voluntary national treasurer for a charity with over 4,000 members

Case Study

Background

Two Clients have individual investments in a UK-based specialist Recruitment
Company providing supply teachers to schools.

The company is under-funded.

Finance Director

Issues

  • Low profitability.
  • Under funded working capital, no bank facilities.
  • Each office supplying teachers operates in a very local area and takes about 2 years to become profitable.
  • Lack of focus & direction as the key Director running the company had left & the other Director had personal issues.
  • High probability of running out of cash and requiring extra cash injection from shareholders.
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