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Sports Direct plc – roles and achievements
 DevelopeddetailedforecastmodelforUSC(40+ site midfashionretailer)fordue diligence
preparationwork – possible future sale–enteredintonegotiationswithCEOoverapprox.2
monthperiodresultingin offerfrom3rd
party
 SecondedtoRepublic(Leeds) inMarch2013 whichhad beenacquiredaftergoinginto
administrationinFebruary2013. Headedthe finance andpayroll departmentoveradifficult6
monthperiodensuringall groupsubmissionscompleted –installationof groupfinance andstock
systemachieved
 PromotedtoHead of Finance LifestyleDivision –responsibleforUSCand Republic(bothmidtier
fashionoutlets>100 stores,turnover£130m), Cruise,VanMildertandFlannels –premium
fashionspecialists–29 stores,4 websites - £80m turnover
 Operatedmulti-sitefinancedepartmentsfromMiddlesbrough,Wigan,andLeeds
 Identifiedapprox.£5mannual savingsthroughsynergies,resultingingradual consolidationof
HO and warehouse siteswithingroup
 Managed processof gradual handoverof finance departmentsfromRepublic,Flannels,Cruise
and VanMildertto groupcentral headoffice fromJanuary2014 to November2014
 Presentweeklytrade updatestoGroupRetail Director,Headsof Retail andBuyingforUSC and
Republic
 Part of managementteamdeterminingwhenUSCsoldto Republicinordertorestructure leases
 Involvedindue diligence of acquisitionof 25 LA Fitnessfitnessclubs
o Whilstundertakingcomplex acquisitionprocess,setupfinance reportingsystemfrom
zerobase
o Gainedsavingsof £200k in completionstatement –auditingof apportionmentschedules
and reviewingmaintenance requirementsbysite –negotiationswithownlegal team
and LA Fitnessmanagement
o Managed relationshipwith3rd
partydirectdebitcash handlingsystemandestablished
creditcontrol system - £800k collectedeachmonth
o Establishedmanagementaccounts,forecastsandKPI’swithLeisure DivisionDirectorand
managementteam
 Standardisedall groupbudgetingmethodologiesandformatsensuringconsistencythroughout
UK and Europe afterconsultationwithCEOandowner – presentedtoall maindepartments
 Strengthenedpurchaseledgersystems(stockforresale) of Lifestyle companiesensuringsame
consistencyof terms
 SelectedbyCEOand Retail DirectorforEuropeanwide groupcostsavingcommittee –
installationof POsystemsanddesignatedauthorisers

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Sports Direct plc – roles and achievements in finance leadership

  • 1. Sports Direct plc – roles and achievements  DevelopeddetailedforecastmodelforUSC(40+ site midfashionretailer)fordue diligence preparationwork – possible future sale–enteredintonegotiationswithCEOoverapprox.2 monthperiodresultingin offerfrom3rd party  SecondedtoRepublic(Leeds) inMarch2013 whichhad beenacquiredaftergoinginto administrationinFebruary2013. Headedthe finance andpayroll departmentoveradifficult6 monthperiodensuringall groupsubmissionscompleted –installationof groupfinance andstock systemachieved  PromotedtoHead of Finance LifestyleDivision –responsibleforUSCand Republic(bothmidtier fashionoutlets>100 stores,turnover£130m), Cruise,VanMildertandFlannels –premium fashionspecialists–29 stores,4 websites - £80m turnover  Operatedmulti-sitefinancedepartmentsfromMiddlesbrough,Wigan,andLeeds  Identifiedapprox.£5mannual savingsthroughsynergies,resultingingradual consolidationof HO and warehouse siteswithingroup  Managed processof gradual handoverof finance departmentsfromRepublic,Flannels,Cruise and VanMildertto groupcentral headoffice fromJanuary2014 to November2014  Presentweeklytrade updatestoGroupRetail Director,Headsof Retail andBuyingforUSC and Republic  Part of managementteamdeterminingwhenUSCsoldto Republicinordertorestructure leases  Involvedindue diligence of acquisitionof 25 LA Fitnessfitnessclubs o Whilstundertakingcomplex acquisitionprocess,setupfinance reportingsystemfrom zerobase o Gainedsavingsof £200k in completionstatement –auditingof apportionmentschedules and reviewingmaintenance requirementsbysite –negotiationswithownlegal team and LA Fitnessmanagement o Managed relationshipwith3rd partydirectdebitcash handlingsystemandestablished creditcontrol system - £800k collectedeachmonth o Establishedmanagementaccounts,forecastsandKPI’swithLeisure DivisionDirectorand managementteam  Standardisedall groupbudgetingmethodologiesandformatsensuringconsistencythroughout UK and Europe afterconsultationwithCEOandowner – presentedtoall maindepartments  Strengthenedpurchaseledgersystems(stockforresale) of Lifestyle companiesensuringsame consistencyof terms  SelectedbyCEOand Retail DirectorforEuropeanwide groupcostsavingcommittee – installationof POsystemsanddesignatedauthorisers