Finance Director Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd - Information Pack

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Finance Director Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd - Information Pack
Finance Director
Blackpool Entertainment Company Ltd and
Blackpool Operating Company Ltd
Information Pack

www.wintergardensblackpool.co.uk   www.sandcastle-waterpark.co.uk
Finance Director Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd - Information Pack
Contents

Welcome                                             2
Job Description                                     3
Company History                                     4
Company Structure                                   5
Person Specification and Experience                 7
Salary Package                                      8
Working Relationships                               8
Recruitment Timeline                                8

                                      Page 1 of 8
Finance Director Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd - Information Pack
Welcome

The Winter Gardens Blackpool is one of the UK’s largest and most iconic entertainment and
conference centres.

Situated in the heart of the country’s most popular seaside resort, it comprises multiple
venues including ballroom, theatre, conference facilities and an extraordinary collection of
function and exhibition spaces.

With an extensive programme of refurbishment underway and the imminent opening of a
new £28m state-of-the-art conference and exhibition centre, its operating company,
Blackpool Entertainment Company Ltd, is looking to make a Finance Director appointment
to help take the Winter Gardens into the next phase of its development and secure its place
as a key driver of Blackpool’s economy.

Sandcastle Waterpark Blackpool is the UK’s largest Indoor waterpark. With over 18 slides
and plenty of exciting attractions in an 84-degree tropical climate, there is something to
entertain the whole family.

The Waterpark’s operating company, Blackpool Operating Company Ltd, is looking for a
dynamic individual support its growth in future years and maintain its status as one of
Blackpool’s top family attractions.

Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd are both
wholly owned companies of Blackpool Council within a larger company group.

The Finance Director is a pivotal person within the Executive Teams of both of these
companies that form part of the Council’s leisure assets portfolio.

The ultimate goal of this new role is to provide strategic financial oversight of the two
companies at a key time during their expansion and beyond.

The role holder will have a leading role in providing a financial analysis of any investment
options while ensuring that both companies are financially efficient and optimise
opportunities for profit.

                                                                            Page 2 of 8
Finance Director Blackpool Entertainment Company Ltd and Blackpool Operating Company Ltd - Information Pack
Job Description                                             Understand commercial business performance, identify          Be accountable for agreed budgets and
                                                             any negative variances and proactively recommend              proactively identify and rectify any negative
                                                             solutions.                                                    variances or trends.
Job Title: Finance Director
                                                             Analyse sales activities of both companies to inform          In conjunction with the Executive Teams,
Job Location: Blackpool                                      business decisions.                                           conduct regular financial performance
                                                                                                                           reviews.
Reporting to: Managing Directors                             Oversee the strategic financial development and
                                                             financial plans of the businesses.                            Leading on pension administrative matters and
Main Role:                                                                                                                 reporting to the Boards in this respect.
To provide strategic direction and management of             Review and revise plans quarterly to ensure they are up
Blackpool Entertainment Company Ltd and Blackpool            to date and achieving objectives.                             In conjunction with the Managing Director,
Operating Company Ltd and financial functions.                                                                             liaise with Internal Audit in the drawing up of
                                                             Develop, direct and monitor the implementation of             the Annual Internal Audit Plan.
To lead the teams on identifying and delivering on           policies, procedures and work standards to ensure
opportunities for efficiencies and profits across the        standards and KPIs are achieved.                              Ensure that any findings and
businesses, as well as overseeing financial planning,                                                                      recommendations from audit reports are
forecasting and operational delivery.                        Provide strategic oversight of all financial and accounting   acted on in a timely manner.
                                                             procedures and ensure that these produce accurate
Key Areas of Responsibility:                                 results, meet deadlines and comply with Shareholder           Ensure that any financial risk is appropriately
Report to the two company Boards and ensure that Board       requirements.                                                 assessed and added to the Risk Register with
directors are kept up to date with strategic developments,                                                                 the necessary mitigations to reduce the risk.
financial performance and key updates.                       Prepare for consideration/approval by the Board of
                                                             Directors annual budgets, cash flow forecasts, annual         Develop and maintain a performance
Support the Managing Directors and the Boards in making      capital expenditure plans, monthly profit and loss cash       management framework in conjunction with
effective decisions and applying corporate governance,       flow statements and monthly capital reports for               the Managing Directors and Company Boards
promoting and ensuring compliance with corporate and         consideration/approval by the Board of Directors.             to ensure that the financial function and the
government standards and controls.                                                                                         team operate to the highest level.
                                                             Review, update and maintain the Fixed Asset Register.
Prepare and present updates and reports on financial                                                                       Assist in the setting of challenging and
activities and new initiatives for the Executive Teams,      Ensure that Account Payables and Account Receivables          measurable KPIs and monitor business against
Boards and committees.                                       are dealt with in a timely manner.                            these and report regularly to the Managing
                                                                                                                           Director and company Board on KPI
Have a professional link to the shareholder’s (Blackpool     Ensure that company financial systems, procedures and         achievement
Council) Chief Finance Officer and ensure that the           internal controls are robust, compliant and support
shareholder is regularly updated on financial performance,   current activities and future growth                          Further information and the full list of day to
including attending quarterly financial planning meetings                                                                  day management objectives can be located in
of the company group.                                        Co-ordinate the annual statutory audit process from the       the full Job Description/Person Specification
                                                             company side, prepare annual accounts and participate         document.
Develop and agree a financial strategy including a           in Shareholder audits as and when required.
medium-term financial plan that supports the shareholder
vision for both companies in bringing sustainable and                      Page 3 of 8
increasing business tourism to Blackpool.
Company History

Company history – Winter Gardens

During its glorious 140-year history, it has hosted some of the biggest names in show business as well as staging
major party political conferences, West End shows and international events. It is the home of the world’s biggest
ballroom dance competition.

Blackpool Entertainment Company Limited (BECL) is a wholly owned company of Blackpool Council and was
formed in June 2014 to manage and operate the Winter Gardens on behalf of the Council.

The Blackpool Conference and Exhibition Centre (BCEC) will open in 2021 and will be a purpose-built centre with
state-of-the-art facilities for the 21st Century located adjacent to Leopold Grove within the Winter Gardens
complex. The addition of this facility marks a step change in the development of the Winter Gardens and
Blackpool as a whole.

Company history – Sandcastle Waterpark

The Sandcastle Waterpark is an indoor visitor attraction that opened on 23rd June 1986 and consisted of a pool
hall with two waterslides, a fun & wave pool and a dry area (including a showbar and nightclub), the dry area
eventually became Grosvenor Casino.

Major investment phases were secured when Blackpool Council purchased the Operating Company in 2003; the
investment saw the introduction of World-Class Watersides, water play equipment for the younger Guests and
heavy theming. Sandcastle Waterpark is now the UK’s largest indoor Waterpark with 18 slides & attractions and
employs up to 130 colleagues during the height of the summer months.

Every Sandcastle Waterpark Guest is unique and it is the Company’s passion and at the heart of everything it
does, to deliver a memorable and INCLUSIVE experience to ALL, delivering on its Company’s Vision “To be the
World No 1 Waterpark in Delivering Guest Service Excellence and Inclusion for All”. The Company’s Mission is to
ensure Guests have a Safe, Quality, Fun Filled and truly Memorable experience delivered by a polite, passionate
and attentive team, who are committed to providing Guest Service Excellence & Inclusion for All.

In addition, the Company’s ethos extends to making a measurable difference to the environment and local
community, thereby ensuring Blackpool Council’s two main priorities are taken into account, these are:

1. The Economy – Maximising Growth & Opportunity across Blackpool.
2. Communities – Creating Stronger Communities and Increasing Resilience.

Future aspirations of the Company include extending Sandcastle WaterparkPage   4 of new
                                                                         to include 8 state of the art
Waterslides, alongside more water space.
Company Structure

                    Page 5 of 8
Company Structure

                    Page 6 of 8
Person Specification and Experience

Necessary Requirements                                                                                         Essential / Desirable
CCAB qualified                                                                                                       Essential
Substantial leadership experience at a senior level                                                                  Essential
Substantial experience in financial management at a strategic level                                                  Essential
Experience of business planning, performance management, managing budgets and can demonstrate                        Essential
adherence to relevant regulations (e.g. public sector procurement regulations)
Strong collaboration and leadership skills                                                                           Essential
Excellent customer management skills in building relationships and presentations to senior and strategic             Essential
leaders/customers
Experienced senior manager skilled in managing and motivating financial teams                                        Essential
Excellent communication, reasoning, negotiation and influencing skills, both oral and written                        Essential
Ability to analyse and solve complex problems creatively and pragmatically and the ability to use initiative         Essential
Exceptional project direction and management skills, ability to manage multiple timelines, deadlines and             Essential
actions in a collaborative fast paced environment
IT skills including use of digital and social media, Word, excel, PowerPoint                                         Essential
Knowledge of Microsoft Dynamics GP with eRequest or SAGE and Nolan Business Solutions                                Desirable

Other Requirements
No active political role to be undertaken

                                                                  Page 7 of 8
Salary Package                                                                   Working relationships

Salary                                                                           Internal and External*:

The salary for this post commences from £61,980                                  • The Chair, non-executive and
per annum.                                                                         executive directors of BECL
                                                                                   and BOCL Management Team
Pension                                                                          • The Chief Executive and senior
                                                                                   council officers
BECL operates a contributory pension scheme called                               • The company secretary
‘The Peoples Pension’.                                                           • Business leaders
                                                                                 • Strategic partners
                                                                                 • Shareholder
                                                                                 • Stakeholders
                                                                                 • Trade union and workforce
                                                                                   representatives
                                                                                                 *list is not exhaustive
Recruitment Timeline*

Application deadline       Shortlist submitted        Technical interview   Psychometric test        Appointment to post
                              applications                                   and leadership
                                                                                interview
 Early/mid January          Mid/late January
       2021                      2021                 Early February 2021   Late February 2021

*recruitment timeline is approximate and subject to change where required

                                                            Page 8 of 8
Contact                               Contact

Michael Williams                      John Child
T: 01253 625252                       T: 01253 343602
W: www.wintergardensblackpool.co.uk   W: www.sandcastle-waterpark.co.uk
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