Message from the GMPublished on 6th February 2020
The board at its last meeting adopted a new strategy document for the club which will be fine-tuned over the next couple of months prior to being presented to the members. Thanks, must go to President, Mark Mathieson who spent a huge amount of time and effort in pulling this document together.
The strategy document deals with:
- Golf, what we are
- Operations, everything we do
- Club, our core
- Social members
The strategic pillars of the strategy are
2. Cost control
3. Value for money
Which are supported by our core capabilities and skills
1. Service aptitude
2. Capability Matrix – “the right people doing the right things at the right time’
Quarterly P&L Report
We have seen an improvement in our EBITDA at the 30th of November to $223,087 against last year $232,266. This has been due to stronger bar, gaming and function trading over the last couple of months and improvements in streamlining administration and food and beverage costs. Though year to date bar and gaming trading is significantly down to last year. The drink driving regulations have definitely been a factor in these results, though the introduction of music and cash draw on Fridays has seen some improvement. Subscriptions, green fees and gaming continue to be the key financial pillars. We are continually looking at ways to improve all areas and reduce costs which is a key element of the strategy. Click here for link to spreadsheet.
After many years of service to the Club, Stephen Greene our Finance Manager has decided to step back and reduce his work hours. Stephen has been in integral part of the North Ryde Golf Club team handling all of the Finance/Accounting procedures for the Club since November 2016. Stephen has recently made the decision to move back to a casual role, while edging towards retirement as well as the need to play more golf at his home club, Cumberland Golf Club.
Stephen is a valued staff member who has made a significant contribution towards the ongoing improvement of the Clubs financial reporting and receives glowing reports from our external Audit company year after year.
The Club has since appointed Jason Saegg a very experienced Financial Controller to oversee our Finance Department. Jason started in January 2020 in a Finance consultancy role for the Club and will take over the main Finance/Accounting procedures moving forward. Jason has hit the ground running and has already implemented a new payroll system, online rostering system, reformatted the chart of accounts in our existing Micropower golf management system, has prepared a 5 year high level budget with capital expenditure and is undertaking reviews within income/cost centres to highlight improvement opportunities for management and the Board to review.
Jason has been involved in Golf Club Management since 1999 and during this time has held General Manager positions at Roseville and Cromer Golf Clubs. In 2014 Jason and his Wife Frances had their first son Jonathan who has been his main focus and his the main reason he has scaled back from the GM positions. Since 2016 Jason has been assisting Clubs in the Finance Manager roles at Cronulla, Bonnie Doon and Strathfield Golf Clubs on a consulting basis. Jason was also assisting over 70 Golf Clubs throughout Australia to enter their financial data into the Golf Management Australia National Benchmarking system which covers a very broad spectrum of golf clubs. Throughout this undertaking, one thing is certain every golf club has a different chart of accounts and Jason brings an excellent understanding to our Club
Jason is a extremely keen golfer (time poor) who plays off a 5 handicap, played Major Pennants mainly for Monash (1994 to 2010) and is a member of Terrey Hills Golf Club.
Stephen will continue to assist Jason over the coming months.
Public Liability Insurance
All members through their affiliation fees are covered by Golf Australia and Sportscover for any injury to persons or damage to property. To ensure that the Club is able to claim on this policy it is important that members advise the Pro-Shop team of any incidents or wayward balls (hit out onto Lane Cove Road, Twin Road or into the school).
We are now also covering all social green fee players with the same cover by deducting part of their green fee that is paid to Golf Australia and Sportscover.
Graham Dale – General Manager