Vacancies

 

 

 

 

 

JOB TITLE:           Finance Director & Company Secretary

 

REPORTS TO:                        Managing Director

 

Reporting directly to the Managing Director, the Finance Director & Company Secretary role is critical to ensuring that company financial commitments and legislative requirements are met through outstanding financial leadership.  The job holder is a key member of the Worldwide Magazine Distribution Ltd (WWMD) Board and Executive Team (Exec).

 

COMPANY

WWMD is a joint venture business owned by SmithsNews and Menzies Distribution, the UK’s leading newspaper and magazine wholesalers.  The activities of WWMD complement the services offered by the wholesalers.  The core business for WWMD is the supply of British published magazines to a number of key multiple retailers and niche and specialist retailers in the UK and overseas. Our customers, totalling 4000 outlets, include Lidl, HMV, Costco, Garden Centres and a wide range of independents in a variety of market sectors.  In addition WWMD provides added value logistics services for third party clients, delivering to a further 6000+ delivery points a month.

 

LOCATION

 

The role is based out of the WWMD head office located in Chelmsley Wood, Solihull, West Midlands.  Due to the nature of the role, the job holder will need to be able to travel occasionally within the UK for board and other key meetings.

 

PRINCIPAL ACCOUNTABILITIES – COMPANY SECRETARY

 

·           Carry out all necessary actions to ensure the company meets its financial and corporate governance obligations.

·           Advise the Board and the management Exec on all statutory and constitutional requirements to ensure that business is conducted in a proper and effective manner.

·           Provide all the necessary advice on acquisitions, ensuring that a thorough risk analysis is carried out.

·           Develop and maintain all necessary systems, policies and procedures to ensure the effective and efficient financial management within the company.

 

PRINCIPAL ACCOUNTABILITIES – FINANCE

 

·           To direct and control the Finance function within WWMD to ensure the team is motivated and trained to achieve agreed responsibilities and KPI objectives.

·           Contribute to the development of the company’s corporate strategies across all areas of the business, including detailed input into Finance objectives and targets.

·           Develop and implement financial strategies that enable the company to achieve its corporate objectives, manage costs and achieve budgets.

·           To create the annual business plan for WWMD, coordinating input from other Exec members and Managing Director for sign off by the Managing Director and the Board.

·           Regular reporting of performance vs. budget and outturn via the Exec and at Board meetings.

·           Develop all necessary procedures and processes to ensure that the Finance function operates efficiently and effectively to achieve company and department objectives and individual KPI’s

·           Oversee/assist in the preparation of Company’s monthly and annual accounts to ensure these are presented accurately and on time, and pass, where relevant, all external Audit requirements including HMRC and PAYE obligations.

·           Ensure cash balances within the business (sterling and foreign currency accounts) are managed in the most effective way to create additional revenue streams or realistic rates of interest.

·           Develop and implement an internal audit programme to ensure that the company complies with financial procedures and regulations and has strong KPI and key business monitoring in place.

 

PERSON SPECIFICATION

 

WWMD is targeting sizeable growth in our business, and needs an experienced, commercially astute Finance Director & Company Secretary to help ensure our aspirations are met and supported via a robust financial and corporate governance infrastructure and team.

 

The Finance Director & Company Secretary will have a thorough knowledge of Finance and Corporate Governance, preferably within the magazine wholesaling or distribution industries and hold, as a minimum, a full accounting qualification with one of the established and recognised major accounting bodies.

 

The job holder will have excellent relationship building skills to enable WWMD to develop stable, long lasting business relationships with all clients and customers.

 

High level of computer literacy is key, and a good working knowledge of SAGE or other Finance systems is beneficial.

 

He/She will have a ‘can do’ attitude, be operationally focused on efficiency, quality and attention to detail.

 

This is a senior role and the job holder will need to be comfortable interacting at all levels of seniority both internally and externally.

 

The role would suit someone who is highly motivated by success, is driven by business objective achievement and who can work on their own initiative as well as manage and motivate teams within their areas of responsibility, and peer groups around the business.

 

If you believe that you have the desired qualities, please apply in writing providing a CV and current salary and benefits details to Jane Hodges, PA to Managing Director, WWMD Ltd, Unit 1, Griffin Business Park, Walmer Way, Chelmsley Wood, Solihull B37 7UX

 

Closing date for applications is Thursday 22^nd December 2011.