CAREER HISTORY – BARRY J LYNHAM ACMA CGMA

DOB 03/05/1952

During my career I have been fortunate to work for and with some colorful and charismatic

Managing Directors who encouraged and supported me to get involved in many aspects of

business management over and above the financial and management accounting areas. These

include Forex Management, Credit Control, Sales & Marketing, Supply Chain & Stock

Management, HR & Payroll. I have also been involved in the implementation of ERP systems such

as Pegasus, Global 3000 and SAP One World (Group Rollout). This has enabled me to gain

experience in a wide range of business areas in addition to the accounting function.

March 1992 – April 2014 – WINKHAUS (UK) LIMITED

Appointed as Operations Manager and then Financial Director in a new start-up of a premium

German Window & Door Hardware company looking to set up its own operation in the growing

UK Market. Complete responsibility for the setup, implementation and operation of the total

management and financial function. Integral member of a highly successful Board of Directors

taking the business from £750K to £11.5 million turnover with an enviable record of profitability,

establishing the company as market leader with the reputation of high quality products, superb

customer service, technical backup, highly efficient supply chain reliability and cash flow

management including forex management. (See Appendix 1)

May 1990 – November 1991 – INDEPENDENT WINES AND SPIRIT AGENCIES

LTD

Financial Director (Management Buyout of Asbach (Great Britain Ltd). In addition to the total

responsibility for the financial and administrative functions, heavily involved with the acquisition

of agency distribution contracts together with the sales and marketing strategies to develop these

brands and in some cases launch them into the UK market. (See Appendix 2)

May 1988 – May 1990 – ASBACH (GREAT BRITAIN LIMITED)

General Manager. Creation and implementation of the total financial and internal administration

functions of a newly formed UK subsidiary of a German based international drinks company.

Responsible for the recruitment and training of the accounting, internal administration and

marketing personnel. (See Appendix 2)

August 1985 – April 1988 – SALOMON SKI EQUIPMENT (GREAT BRITAIN)

LIMITED & TAYLOR MADE (GREAT BRITAIN) LIMITED

Administration Manager/Financial Controller. Full responsibility for all the financial and

administrative functions of both companies together with monthly and quarterly consolidation

accounts to the French parent company. (See Appendix 2)

September 1972 – July 1985 – ROCLA (GREAT BRITAIN) LIMITED

Financial Controller (Jan 1980 – July 1985). Responsible to the Managing Director for controlling

all the financial operations of the company and implementing the financial policy decisions of the

Board of Directors.

Management Accountant (Feb 1978 – Dec 1979). Responsible for the preparation of the company

monthly operating statements and management reports, the maintenance of the company

accounting systems and all associated duties.

Sales Office Co-Ordinator (April 1975 – Jan 1978). Responsible to the Sales Director for all

internal sales office functions including monthly statistical and performance reporting and liaison

with customers and external sales personnel with regard to order processing and delivery

performance.

Training Programme (September 1972 – March 1975). General accounting and administrative

positions within all departments of the company, including “shop floor” production to

understand the processes and operations involved in all aspects of the companies operation.

(See Appendix 2)

August 1969 - August 1972 – ASTON MARTIN LAGONDA LTD

Trainee Accountant. Various positions within all departments of the company and then specific

positions within Stock Control, Job Costing, Purchase Ledger, Sales Ledger and Payroll.

APPENDIX 1

CAREER HISTORY – BARRY J LYNHAM ACMA CGMA

March 1992 – April 2014 – WINKHAUS (UK) LIMITED

Duties & Responsibilities

Creation of the Legal Corporate entity Winkhaus UK Ltd ensuring the completion of all the

appropriate documentation and creation of the required records to meet UK legislative

requirements. Filing of documents with Companies House.

Sourcing appropriate site (10,000 sq ft Warehouse & Office space) to house the Winkhaus

UK Ltd operation and negotiating initial Lease.

Liase with appropriate bodies ensuring suitable compliance to enable Winkhaus UK Ltd to

trade in the UK, i.e. Customs & Excise for VAT, Inland Revenue for payroll, UK Auditors

etc and preparation and submission of the required Returns.

Setup Payroll system with third party Bureau and prepare monthly payroll data including

incentive schemes in order for required payroll to be produced including Payslips and

HMRC information.

Purchase/Lease of all Fixed Assets, Machinery & Equipment, Fixtures and Fittings and

services required to enable the Company to operate in the UK Window & Door Market.

Compile and maintain Contracts of Employment and Company Handbook. Set up Pension

Scheme, Medical Insurance Policy, Employee Benefit Schemes and all corporate Insurance

requirements, including and especially Credit Insurance.

Recruit and train all initial Internal Sales, Logistics, IT, Financial and Administrative staff.

Develop with IT hardware and software suppliers a suitable ERP system suitable for the

Financial and Operational requirements of Winkhaus UK i.e. Debtors, Creditors, SOP, POP,

Logistics and General Ledger integrated modules. Project manage Supply, Installation and

“Go Live”.

Create Financial and Management Reporting systems enabling accurate and timely

information to be provided to both the UK Board/Management and the Winkhaus Group.

Arrange appropriate Banking facilities/Credit Lines within the UK based on projected

Cash Flow requirements and negotiate terms and conditions of said facilities, including

Winkhaus Group Guarantees.

Establish Forex requirements (mainly Euros) and be responsible for all Foreign Exchange

instruments both Forward Contracts and Spot Transactions.

Member of Executive Management Team (Board) who were totally responsible for the

running of Winkhaus UK Ltd. Executive meetings held on a monthly basis.

Administer Design & Build project for 40,000 sq ft new premises including fit out (with

existing landlord) and negotiate new 25 year lease including Capital Incentives and Break

Clause. Negotiate Rent Reviews as per terms of the lease.

Negotiate Financial Incentive for remainder of the lease period (10 years) instead of

invoking 15th year Break Clause.

Head up UK team for the implementation roll out of Winkhaus Group ERP system “SAP

Oneall” modules and project manage the transfer of data from existing Winkhaus UK

system.

Preparation for Winkhaus Group of Annual Planning Package, Quarterly Liquidity Reports

(including Cashflow and ForEx reporting), bi-Annual Consolidation Packages, Monthly

Management Accounts.

Responsibility for Year End, Annual Audit, Statutory Accounts, Corporation Tax Returns

including Patent Box Claims and initial project management of implementation of FRS102

(on a consultancy basis).

Prepare and manage the financial implications of the closure and transfer of Assembly

Operation from Winkhaus UK to Aug Winkhaus Germany including redundancy

calculations and severance packages for Winkhaus UK employees.

Preparation and implementation of the closure of Winkhaus UK Ltd IT Dept (one of my

depts) including notification of redundancies and management of severance packages.

Attendance at 2 Industrial Tribunals for Unfair Dismissal Claims. Handling 3 x Grievance

Appeals Procedures as per Company Handbook/Legislative Requirements.

Creation and implementation of Succession Planning Handover Programme for my successor

(internal appointment) on my retirement from Winkhaus UK Ltd.

APPENDIX 2