Regionalmedien Austria

The Client:
Regionalmedien Austria AG is the umbrella organisation for the newspaper bz-Wiener Bezirkszeitung, the Bezirksblatt newspapers for Burgenland, Lower Austria, Salzburg and Tyrol, the WOCHE for Carinthia and Styria and the partners Bezirksrundschau Oberösterreich and RZ Medien Vorarlberg. With 130 editions, RMA media reach 3,855* million readers across Austria each week.

The Project (Rent-a-CFO):
The company was founded in 2009 by Styria Media Group AG and Moser Holding AG which merged their free paper activities in a 50-50-partnership. In the middle of 2010 Werner Herics and Michael Tillian were appointed as the new managing directors, with Management Factory supplying an interim CFO with the aim of increasing transparency and the value of information in the area of finance. The main tasks are management and coordination of the financial accounting system, the long-term management of regular reporting and the carve-out of the financial systems.

Highlights:

  • Centralisation and reorganisation of the financial accounting system 
  • Carve-out of Regionalmedien Austria's SAP mandates 
  • Optimisation of the budget process and standard Reporting



* Source: Media Analysis 10/11 (survey period 07/10-06/11) readers per issue;   fluctuation margin +/-0.8%  

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