2010-2011

Finance Director

AustralIan arm of global media brand, based out of Sydney.

Senior management team member, managing the MTV Finance team (9) to produce accurate and insightful information to facilitate strategic business decision making. Dotted lines to subsidiary Finance teams (Nickelodeon and Ignite Media). 6m fixed-term maternity contract.

Improved MTV Australia budget profitability by over $1m by building discipline around project OI targets.

Undertook business performance analysis to uncover profitability issues. Use of this to work with the GM to improve low margin projects and ultimately exclude projects not meeting the set OI margin target. Outcome of this analysis improved EBIT from $180k in FY11 to $1.4m in FY12. Created new ‘projects committee’ to discuss and approve business case proposals.

Facilitated inter-departmental sharing of resource to save the business $150k in freelancer costs. Built process to monitor and improve aged debtors, resulting in reduction of bad debt provision by $160k. Also brought local provisioning policy in line with global policy to free up an additional $120k.

Improvement of communication of monthly budgets to internal stakeholders and cascade to departmental contacts to ensure budgets are clearly understood at all business levels.

Liquidated MTV New Zealand entity. Collected debts, approved write-offs and write backs of assets and liabilities, and transferred assets across to the Aus business. The NZ channels are now run out of MTV Aus.

Restructure of MTV and JV Finance functions to combine teams to achieve economies of scale by use of a shared service centre function model.