Michelle Forrest, management accountant for English Premier League football club Bolton Wanderers, has become CIMA’s 75,000th member, 89 years after the institute was founded.
On the CIMA website, CIMA President, Glynn Lowth, commented, ‘CIMA is extremely proud to celebrate our 75,000th member.
Chartered Management Accountants are financially qualified business leaders who have an indepth knowledge of the organisations in which they operate. Management accounting is as vital in sport today as it is in a multinational corporate organisation. Now that professional football is an industry attracting massive investment, professionalism is critical, with sound financial management a key factor in its success.’
Michelle has been working with the Lancashire-based football club for more than 18 months in the finance department. She is responsible for the production of the management accounts, covering budget preparation, asset management, year end activities and cashflow management, including involvement in the financial side of player transfers. Bolton Wanderers Football Club has an annual turnover of over £51m, and ranked 16th in the 2007/08 Barclays Premier League season.