So it’s no surprise the decision this year that London would bid for the 2012 Olympics was met with caution. Nevertheless, the bid was moved a step forward last week when the British Olympic Association began advertising for a senior management team.
Among the team members being sought is an FD. A total package worth £75,000 is being dangled for the right person who will ‘manage the budget of circa £20m, contribute to the technical bid financial assessment and work with the CEO to meet the terms of the funding agreement with the funding stakeholders’.
Those funding stakeholders are the Department for Culture, Media and Sport and the Greater London Authority. And given how fresh the Dome debacle is, it’s no wonder they want someone with ‘experience of managing auditors; preferably experience in working on government-funded contracts’. Good luck.
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