Finance Director: Peter Macklin
Overview: £3m turnover Devon based company
Issue: Current Finance Director on long term sick leave, leaving a relatively inexperienced Finance Assistant in charge
Corrective Actions: Part time Finance Director working on a day a week over an initial four month period and now extended to a longer term basis.
- Mentoring the Finance Assistant
- Reviewing the monthly management accounts
- Maintaining detailed cashflow forecasts
- Providing strategic input to the Board of Directors
- Produced the company’s annual budgets
- Supervising a part-time temporary bookkeeper, as well as producing year-end accounts
- Liaising with the auditors and being responsible for the company’s statutory returns such as VAT and PAYE
- Strategic input and support where required