Joël JEGO

RBI Australia: Revenue A$ 66m - 280 employees
Scope of responsabilities: 70 employees, 5 as direct reports

• Reorganisation of Finance Dept
• Get used to new: country, culture, markets, business models
• Get involved in both Production and Marketing thru 2 of my direct reports and to give them some imput in order to improve the efficiency of the business

www.reedbusiness.com.au

Industry: Press and editorial

RBI France: Revenue € 60m, 330 employees
Scope of responsabilities: 30 employees, 8 as direct report

• Driving external growth project --> identification of acquisition targets, 5 targets approved by the group, 3 projects studied until due diligences,
• Optimisation of the whole organisation in gathering together support services of operational divisions --> taking over Production and Layout Dept., new tasks distribution and improving of versatility,
• Centralization of purchasing --> 15% of savings within 3 years.

www.reedbusiness.fr

Industry: Press and editorial

• Take over of Finance and Office management Dept. of RBI Belgium --> reliability and transparency of financial data, implementation of new systems and procedures within the 2 first months,
• Quick implementation of a costs saving plan --> distributed thru the group in Europe as a reference,
• Coordination of one branch in Joint Venture, negotiation with the US group partner --> credibility regained and successful transaction,
• Repositioning of Belgium assets  selling to the US group and internal transfers (to both RBI NL and RBI France),
• Closing of RBI Belgium --> respect of constraints and business continuity achieved,
• Integration of one third of Belgium assets in France --> revenue € 6m, costs rationalization and synergies optimisation.

Industry: Press and editorial

• Coordination of several acquisition projects --> negotiation and deals conclusion (Les Rencontres d’Affaires, Médiation),
• Integration of Finance and Office management Dept. of both the publishing (Prat, ESF, Médiation) and the training (LRA) activities --> implementation of new systems and procedures within the 6 first months, merger of the 4 acquired legal entities within 12 months,
• Driving of new activities (books and loose leave publishing, and later on training) --> adaptation of monthly results and budget processes, implementation of group rules…

Industry: Press and editorial

• Significant contribution to the CEO in order to reach profitability --> profitability recovered in 1998,
• Management of Human Resources in a difficult context --> closing of an activity and management of the redundancy plan (16 lay-off), coordination of relationship with staff representatives,
• Management of legal issues (statutory, business, author rights, brands, lease, competition) and litigations --> better risk management,
• Take over of Office management Dept. --> move of 80 FTE to new premises without any production disruption, with an improvement of the team cohesiveness and 30% savings on rental costs.

Industry: Press and editorial

• Redesign of the Accounting Dept. organisation --> tasks organisation instead of per legal entities approach, headcount reduced by 20%,
• Implementation of reliable accounting results per profit centres --> monthly results produced the 5 of each month,
• Management of mergers in taking into account the taxes optimisation --> plan drawn in order to go from 5 legal entities to only one within 4 years,
• Management of overheads --> 12% reduction costs within 2 years,
• Implementation of new credit collection organisation --> DSO reduced from circa 300 days to 80 days within 18 months.

Industry: Press and editorial

www.delifrance.fr

• Centralization of results per profit centres, production of balance sheet, statutory accounts and financial analysis, internal audit of the accounts of the 8 factories spread over the country, management of the headquarter accounting Dept. (5 FTE)
--> Learning of the way to run a company as subsidiary of a group, first and exciting experience in managing both a dedicated Dept. and a decentralised team with functional links, and successful implementation of a unique accounting system

Industry: Frozen products

• Production of monthly results, tax and social statements, general accounting, payables, receivables, credit collection, cash management
--> Learning of the management of the accounting and tax life of a family business company

Industry: Frozen products