Paul Appelbe has been appointed finance director by IT Services Ltd, a wholly owned subsidiary of British Nuclear Fuels. He is moving after seven years at Norweb. Name Paul Appelbe Age 47 Company IT Services Qualification & date FCA 1977 What things other than finance do you do in your job? Strategy, IT, legal. Would you rather spend more time doing non-finance things? If so what? I think that with my non-finance responsibilities the balance is about right. What is on your desk (eg PC, too much paper, etc)? PC – we are an IT company! But we still have a long way to go to a paperless desk. What percentage of your week is spent in meetings? Based on what gets diarised about 30%, but you can nearly double that if you add informal ones. What is your favourite work-related website? Don’t have time to spend on the net, but I’m told ITS’s site is worth a visit. What do you like/dislike about the role of finance director? Likes: Involvement in strategy, initiating and implementing change. Dislikes: Not a lot. What is the best/worst thing about your auditors? I haven’t met them yet! Do you visit your factories, shops, warehouses etc? Offices – yes. How would you rank our list of key FD attributes (most important first)? (a) accuracy – 5th (b) stewardship – 3rd (c) entrepreneurial skills – 4th (d) people management skills – 2nd (e) strategic thinking – 1st Do you think an accountancy qualification is essential to the FD role? Probably not. Can you name the president of your accountancy institute without looking it up? Yes.
View our archived webinar, including Oracle and a host of ‘Fast Data’ experts, to discover how financial professionals can help create a Fast Data business
Reinmoeller, professor of strategic management at Cranfield School of Management, has proposed an Eight Actions Model to help organisations increase margin and perform ahead of market expectations
When thinking about Iran as a potential market it’s important to go in with open eyes. This means being aware of some of the myths as well as being clear on the challenges
Third of UK companies with defined benefit pensions schemes are paying out more from their scheme in pensions than is being received in contributions