Stephen Lubinsky BA (Hons)

With extensive commercial experience providing solutions to finance departments, Stephen uses his strong people skills to objectively review problems, rectify weak departmental communications, resolve failing teamwork, set targets and provide a structured framework for delivery.

During ten years with QD Media Group as Finance Director (1990–2000), he implemented a group restructure, systemised divisions of cost centre accountability, introduced simplified reporting structure, reorganised group treasury, implemented a comprehensive computer office solution, negotiated and implemented joint-venture acquisition resulting in benefits of vertical integration.

Stephen then spent six years at Alba Group plc in internal audit (2000–2006), where he implemented corporate governance to improve quality and transparency of financial reporting, identified business risks and control weaknesses, conducted a strategic review to protect business assets.

At Alba he also recruited, restructured and simplified an unworkable credit department within the finance function, brought about recovery of £1m of disputed customer invoices, introduced a new concept of cataloguing price files to safeguard gross margins, designed a road map of IT system based requirements classified in high, medium and low risk categories, and independently reported to plc audit committee.

Over the past couple of years Stephen has undertaken various interim FC roles for clients of FD Solutions, where his workload has included:

• correcting poor accounting system implementations
• regaining control of cash flow management
• improving monthly management account reporting
• strengthening internal controls
• resolve breakdowns between accounting and database systems
• improving credit department functions
• investigating contested major foreign supplier statement balances
• build relationships with third-party external auditors
• providing induction, training and handover to newly-appointed staff.