Finance Director

[KooPeeArr]

They won't be requiring your CV mate. But thank you for your interest.

Matt, what on earth is your avatar about? A frog wearing jewellry attacking a rat?

Do I really have to explain everything?

Well obviously, it's Lemmiwinks the class gerbil being given directions by the Frog Prince to the small intestines, having been inserted into Mr Slave's rectum in an act of gerbilling!!!!

Actually, I know everyone on here isn't a fan but if you look at the plot to the South Park episode called Death Camp of Tolerance, it makes a few decent observations about the distinction between acceptance and tolerance that wouldn't be far out of place on the Paris thread (obviously not in the same context).

http://en.wikipedia.org/wiki/Death_Camp_of_Tolerance

 

[RicardoHCAFC]

I'm far from sure on this Tramore, but I don't think our year end date is 31st May. I'm sure somebody on the forum will have access to the information lodged with Companies House. It certainly wouldn't be the date for all Football League clubs though. In fact it would make more sense for the FL to require accounts to the end of June as that is the contract cut off date for players.

The FL required all clubs to submit accounts for the period ending on that date, but whether that was for 12 months to then, or ffrom the club's last FY end I don't know.

Who is our resident expert on these matters?

Our formal accounts ran to the end of July every year, until last season when we switched to the end of June. It's funny because I was talking about this on our board last night because it's a change that makes sense (contracts end June, transfer window opens July and the window is really connected to the following season) but the side effect of doing it was we showed a £3M profit for last season instead of a loss of about £8M, and our cash debts were £25M lower than they should have been. I say should because the club made a big deal how from the previous set to that set we reduced debt by about £15M when they weren't comparing like for like.

There was somebody who had accounts that ran to the end of May when I was looking though, and you were one of only a few clubs I looked at (as an accounting student I did my dissertation on finance in football and the FFP rules) so there's a good chance it was you. I don't think you'd need to change your date, all the prize money etc is dealt with in May, and as there's no transfers in June (they get agreed but not actually effective until July) it doesn't matter all that much which June you have in them.

 

[QPR Oslo]

Terry's right. £80,000 is very low considering the circumstances.

80K a week like the other "players". Worth the hassles.!

 

[UTRs]

Anyway a finance director, more like we need a debt management adviser.

 

[Didley Squat]

Terry's right. £80,000 is very low considering the circumstances.

Everything is about performance nowadays so you may fine that the package is 'performance based' and may rise significantly based on results.

Think of SWP and now think of the complete opposite ......... there's our person, sign him or her up!

 

[CroydonCaptainJack]

I doubt that the role is that complicated, and the club isn't really a particularly big business

I would've been interested but not at £80k

I think it would be a great role especially for a fan. I would love to do it but I doubt it is as straightforward as you think and I prefer the less stressful role I am currently in!!!

 

[Ranger4ever]

QPR Holdings accounts run to a year end date of 31st May.

 

[CroydonCaptainJack]

QPR Holdings accounts run to a year end date of 31st May.

Yes, will be due to publish end of March at latest I think. Public companies are 7 months and private ones ten.

 

[Devonhoop]

Afternoon CCJ, think both types of accounts have been pulled back by one month (since around 2008), so should be 6 and 9 respectively to be filed at CH

 

[GoldhawkRoad]

Lead? Aren't the Mittals into steel?
I don't get it

And modelling...presumably send the successful candidate out on the catwalk to supplement the salary

 

[CroydonCaptainJack]

Afternoon CCJ, think both types of accounts have been pulled back by one month (since around 2008), so should be 6 and 9 respectively to be filed at CH

Afternoon Devon. Thus showing another reason I might not be suited to that role!!!

 

[Ezwoldo]

Our last finance director was poached by Spurs, which I find a bit strange. Why would they want her after the mess we're in at the moment?

Not the first one either as they also have QPR's financial director from the Blackburn leadership there as well.

 

[RoyalOakRanger]

At 80k per annum it is a bean counter role. Probably need to be able to use PowerPoint and say things like ' the challenges are' and ' there are serious roadblocks ahead' and ' the way forward is'. The money side of a football club is run by the investors. The problem in our case is that they are so 'green'. They should have given the role of player recruitment a recent ex-pro who knows the game. Who goes out and get's these players and agrees fees and wages?

 

[RicardoHCAFC]

At 80k per annum it is a bean counter role. Probably need to be able to use PowerPoint and say things like ' the challenges are' and ' there are serious roadblocks ahead' and ' the way forward is'. The money side of a football club is run by the investors. The problem in our case is that they are so 'green'. They should have given the role of player recruitment a recent ex-pro who knows the game. Who goes out and get's these players and agrees fees and wages?

It looks like the kind of role that doesn't have any responsibility in terms of major decisions , but if they appoint the right person it can be an influential role (understanding of the football side of things as well as the business so they can work with the football side to set the target and show how to achieve it within a business rather than just a business type). If the finance guy buys into the football side of things then as an advisor to the board and investors it makes them much more willing to provide the extra money if it's needed. It's the kind of thing I'll be looking for when I'm about 50. My mortgage is going to be done by the time I'm 40 and I'll have the retirement looked after by the time I'm 50 so I'll be working for lifestyle and interest at that point.