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Group FD / CFO

  • Ref: GR -030921
  • North West
  • Posted: 2 weeks ago
  • Salary Expectation: £110k

Availability/Notice Period: Working notice period - Available October 2021

Profile

About

  • A Big 4 (EY) trained Group Finance Director, operating at Board-level, with 8 years of post-qualification experience
  • Currently running a Finance function that spans several teams across a range of disciplines for a medium-sized UK business with an entrepreneurial spirit
  • Strong leader with a focus on growth, improvement, ownership, and accuracy
  • Experience includes significant involvement in the delivery of growth through acquisitions

Education

  • 2013 ICAS Chartered Accountant – EY
  • 2004 MA International Business 1st Class – University of Edinburgh
  • 2000 6 Scottish Highers at grade A – B including Maths and English

Career Summary

Current Employer – £100m group with 10 trading entities in the group – Technology Based Company

Position – Various Roles

Dates – November 2015 – Present

 

January 2020 – Present Group Finance Director

 

January 2019 – December 2019 Group Financial Controller

 

November 2015 – December 2018 Financial Controller

 

  • Provider of Cloud, Connect and Security solutions for business customers and resellers. Joined as a divisional Financial Controller in November 2015 and promoted to Group Finance Director in January 2020
  • Reporting to the CFO – currently leading and responsible for Financial Accounting, Credit Control, Purchasing and Revenue Assurance functions
  • Ownership of monthly management accounts and financial reporting to the Board
  • Oversight of financial controls and systems
  • Submission of various FCA returns in regards to lease agreements
  • Ensuring successful delivery of statutory reporting and returns (including R&D tax claims)
  • Budgeting and forecasting and driving the Board and wider business to deliver on their commitments
  • Group treasury function: Developing cash strategies to increase cash generation, reduce aged debt and reduce net debt
  • Management of relationship with lenders and ensuring bank covenants are met
  • Driving efficiency and quality across the Group through people, internal processes, and external supplier management
  • Acquisition FDD, consideration calculations, deal negotiation and post-acquisition integration
  • Effective management of the Group’s assets
  • Providing strong leadership across my direct reports and their teams building a world-class Finance function

 

Key Achievements:

 

  • Increased cash by over 200% during FY21, supported by implementation of new debt processes, leading to a significant reduction in net debt and interest charges
  • Leading a department of 28 people, providing opportunities for growth and development, and ensuring my teams remained focused and motivated throughout the global pandemic
  • Introduced significant improvements to the quality and value of monthly reporting, giving the Board greater insight into the impact of operational factors and trends on financial performance
  • Developed short-term rolling EBITDA and cash forecasting models, achieving a high degree of accuracy, and giving the Board an early indicator of performance within the month
  • Worked with the Board to develop a 5-year growth strategy and built a detailed budgeting model to support it
  • Led the Revenue Assurance team to deliver over £1m of margin improvements in FY21
  • Key role in the completion of several acquisitions, including negotiating final consideration payments with vendors and post deal integration
  • Delivered 35% reduction in value of customer credit notes through improved processes and a focus on quality
  • Successfully introduced new accounting policies and treatments to improve annual results
  • Successful completion of first-year audit whilst undergoing a system upgrade and the conversion to FRS 102

 

Previous Employer – Ernst & Young

Position – Assurance (Associate to Assistant Manager)

Dates – September 2010 – November 2015

 

  • Worked on a diverse client base across industry sectors; (NSG Pilkington Glass, AMEC plc, The Hut Group, NCC Group plc, Cape plc), with in-depth knowledge of both UK GAAP and IFRS accounting standards
  • Last 2 years at EY predominantly focussed on larger publicly listed clients
  • Managed several client relationships, working closely with Audit Partners and Directors, overseeing engagement teams, ensuring the timely completion of the audit process, preparing, and managing budgets, working with clients to conclude complex accounting issues, and negotiating fees

 

Key Achievements:

 

  • All audits personally managed that were subject to internal and external reviews received the highest rating for quality
  • Participated in a business development pitch to a listed online retailer
  • Acted as a champion for the new cloud-based audit management tool and worked with senior leaders in its rollout to the business
  • Qualified in September 2013 (CA, ICAS) with first time passes in all exams

 

Previous Employer – Fitness for Growth

Position – Project Manager – The Steve Stuart Partnership / University of Liverpool

Dates – November 2008 – September 2010

 

  • Responsible for managing a project between Liverpool-based corporate finance house, The Steve Stuart Partnership, and the University of Liverpool Management School to develop an innovative business analysis model
  • The objective of this model was to understand the shared characteristics of high growth companies and the impact of qualitative factors on business value – This not only involved developing the model, but also engaging with businesses around the Northwest to generate interest and buy-in

 

Key Achievements:

 

  • Developed the detailed set of questions that underpinned the model and its output and helping to build the vision of the project
  • Engaged with and presented to over 100 businesses across the Northwest with a participation rate of over 50% in the project

 

Position – Senior Finance Analyst

Dates – July 2007 – November 2008

  • As a valuable member of the Occupier Strategy team, worked with blue chip corporate occupiers to help unlock value from their real estate portfolio
  • Clients ranged from large European retailers to global banks and private equity houses
  • Chief responsibilities included financial modelling on client assignments, management of the transaction process and writing sales documents
  • Involved in sector-focused business development
  • Key clients included RBS, Sonae (Portuguese Retailer), Reed Elsevier and National Australia Bank

 

Previous Employer – Ernst & Young, Real Estate Finance

Position – Financial Analyst

Dates – September 2005 – July 2007

 

  • As part of the Real Estate Finance team, was involved in providing lead advisory services on structured property portfolio transactions for FTSE 100 clients and public sector organisations
  • Responsibilities involved assisting the management of transactions, acting as a point of contact for the client and conducting complex financial analysis
  • Key clients included HSBC, RBS, and Capio Healthcare

 

Previous Employer – Shell UK Maintenance & Engineering

Position – Graduate Internship

Dates – July 2004 – March 2005

 

  • Worked as part of a tactical team to develop a standardised audit framework for a worldwide initiative to improve asset (i.e., oil rig) performance – The role included developing the audit and interviewing operations managers to ensure the audit was focussed on the key issues