Principal - Dudley, West Midlands, UK
Finance Director FCCA, experience of SME to plc, both service and manufacturing, flotation, M&A, fund raising, MBO/I, JVs. Advisor to DTI on pensions, insolvency, financial markets, SME/SQC finance.
| Rating: | Unrated (New) |
| Hourly Rate: | £66.67 |
| Available From: | Now | Seller ID: | 249351 |
CV
Influential Senior Manager and Chartered Accountant with a sustained record of success established in the Business to Business and Business to Consumer marketplaces and in an unique high profile area of the public sector. Extensive exposure to corporate acquisitions, divestments and fund raising. Highly adaptable and inspirational leader and outstanding team member, who through a participative approach will create robust strategies to translate vision into achievement. Strong analytical, problem solving and decision-making skills have been demonstrated across many areas. Excellent communication and networking abilities have been used extensively to benefit his organisation and industries.
KEY SKILLS
Strategic Thinking: Strategic vision, ideas development, forward planning, research, analysis and evaluation, problem solving and management issues, business process improvement, business modelling, and business case development.
Business Development: Business start ups, change management, business turnaround, creating new opportunities, and understanding business drivers.
Operation and Logistics: Issue identification, feasibility studies, improving productivity and time efficiency, reducing costs, project management, resource utilisation, improving quality standards and installing best practice.
People Management: Communications at all levels, motivating, encouraging, coaching, training and development, influencing, conflict management, identifying individuals’ strengths, facilitator and builds trust.
Financial Planning: Forecasting, substantially large budget handling, profit improvement, acquisitions, treasury management, foreign exchange and risk management
Business to Business Relationship. Working at high strategic levels which allow the flow of initiative and value between government officials, agencies, and companies
Employment History
(Jun 1998 & ongoing)
Principal
MidlandsAdvisor to Department of Trade and Industry, Government department responsible for trade, competition and industrial relations policy. Responsible for development and interpretation of policy with respect to industry, with particular emphasis on impact of financial regulation/practice on innovation in UK industry covering pensions, funding for SMEs and SQCs, investor relations, insolvency, GAAP, financial markets, Employers Liability Insurance, reporting and measurement of innovation.
Developed new type of stock exchnage VLEMs being developed by AWM and opening summer 2007.
Wrote and researcned report for MG Rover taskforce re collapse of Rover to support their final report to HMG and influence insolvency policy development.
Commisioned and managed large scale research into impact of national compulsary occupational pension scheme on employers.
Persauded DTI SOS to delay implementation of FRS 17 for 12 months.
Championed and authored a best practice web site on Investor relation for plcs in partnership with Investor Relations Society
· Persuaded DTI, through analysis and research of the company pensions crisis, to delay the implementation of FRS17 to allow more time for companies to adapt to the changing pension reporting requirements
(1997 to 1998)
Finance Director
MidlandsDistributor, installer and maintainer of business critical intranet systems. Turnover £6million Employees 35. Responsible for developing a business plan that would allow the refinancing of the business. Venture capital backed.
Initiated, negotiated and implemented a new company invoice discounting agreement to replace the existing expensive contract that reduced interest fees by 20% per annum.
(1995 to 1997)
Self employed, MidlandsPursuing MBO/MBI opportuntities and advising other management teams
(1993 to 1995)
Joint Managing Director
Highgel Ltd, MidlandsManufacturer of consumer products. Turnover £4 million Employees 40
Responsible for transport, accounting and purchasing of raw materials
Raised £1.8 million in finance from a Venture Capital Fund to finance the management buy in of Olaf Johnson Ltd, by Highgel Ltd, a profitable manufacturing company.
(1987 to 1993)
Group Finance Director
National Express Group plc, MidlandsUK’s primary scheduled coach transport network operator with extensive operations in Europe in conjunction with partners. Turnover £120 million. Employees 1100. Responsible for all aspects of financial management of the group.
Negotiated, managed and completed all aspects of the successful management buy out of National Express Ltd including raising £14 million of finance from a Venture Capital fund.
Persuaded the board to exploit the consolidation of the UK bus industry to seek a buyer for National Express Group Ltd, subsequently negotiated, managed and completed the sale securing a return of 39 times the initial investment for the management buy out team.
Conceived, managed and executed the sale of a loss making subsidiary to its management involving an innovative deferred payment scheme that resulted in a book profit on disposal for the group.
Developed and implemented a complex sales forecasting system to generate accurate debtor figures and supported by this system negotiated and established bad debt insurance cover for £12 million of debts that underpinned the group’s main borrowings.
Developed, formulated and executed an opportunity for the group to acquire in depth financial and operational knowledge of its sub contractors by supporting the creation through a management buy out, partly funded by the group, of four such sub contractors from their parent.
Negotiated and managed the sale of the Group’s stake in the above companies realising a profit of £2 million against an initial investment of £200,000 whilst maintaining strong and trusting relationships with the owners.
Initiated, devised and implemented a plan to create a vehicle leasing company, with a lease book of £140 million, achieving three primary objectives of; facilitating the introduction of a new coach fleet and changed operating contracts, reducing the group’s tax charge and creating a profitable joint venture.
(1984 to 1987)
Divisional Finance Director
Charles Baynes plc, MidlandsBusiness services group with two major divisions; workwear rental and building contracting services. Turnover £30million Employees 200
Responsible for all aspects of financial management of the division.
Initiated and negotiated Venture Capital support for the bid by management for the workwear rental division of the Group.
Professional Qualifications
FCCA - Fellow of the Institute of Chartered Certified Accountants 1989
ACCA - Associate of the Institute of Chartered Certified Accountants 1984
Published work
‘Creating Quality Dialogue’ - practical advice to SQC’s on improving investor communications, 1999.
‘Improving Share Liquidity’ - practical guide to SQC’s on improving share liquidity, 1999.
‘Bridging the Equity gap’ - analysis of company funding gap, proposal for new type of stock exchange, 2001.
‘Companies can’t do it alone’ - recommendations to encourage better utilisation of the CVA regime, 2004.
Categories & Skills
Finance & Accounting
Categories
Skills
- Administration (Finance (Qualified) - Payroll)
- Analysis (Finance (Qualified))
- Budgeting (Finance (Qualified))
- Business Advisory (Finance (Qualified))
- Business Angels (Finance (Qualified) - Funding)
- Business Plan Creation (Financial Consulting)
- Business Planning (Finance (Qualified))
- Business Services (Finance (Qualified) - Sector Experience)
- Company Secretary (Finance (Qualified) - Job Level)
- Contractors (Finance (Qualified) - Payroll)
- Corporate (Finance (Qualified) - Tax)
- Corporate Finance (Financial Consulting)
- Cost Analysis (Financial Consulting)
- Cost Control (Finance (Qualified))
- Cost Reduction (Finance (Qualified))
- Credit Analysis (Financial Consulting)
- Credit Management (Financial Consulting)
- Deductions (Finance (Qualified) - Payroll)
- Directors (Finance (Qualified) - Payroll)
- Divestment (Financial Consulting)
- Exit Planning (Finance (Qualified))
- Expenses (Finance (Qualified) - Payroll)
- Factoring/Invoice Discounting (Finance (Qualified) - Funding)
- Finance Director (Finance (Qualified) - Job Level)
- Financial (Finance (Qualified) - Reporting)
- Financial Consulting
- Financial Control (Finance (Qualified))
- Financial Organisation Design (Finance (Qualified))
- Financial Risk Management (Finance (Qualified))
- Financial Strategy & Planning (Finance (Qualified))
- Flotations & IPO (Finance (Qualified) - Funding)
- Forecasting (Finance (Qualified))
- FTSE Listed (Finance (Qualified) - Organisation Experience)
- Fund Accounting (Finance (Qualified))
- Funding (Finance (Qualified))
- General / Nominal Ledger (Finance (Qualified))
- IFRS (Finance (Qualified))
- Insolvency (Finance (Qualified))
- Insolvency Administration (Financial Consulting)
- Interim Financial Director (Financial Consulting)
- Job Level (Finance (Qualified))
- Joint Venture Accounting (Finance (Qualified))
- Key Performance Indicators (Finance (Qualified))
- Large Company - UK (Finance (Qualified) - Organisation Experience)
- Leisure (Finance (Qualified) - Sector Experience)
- Litigation (Finance (Qualified))
- Management (Finance (Qualified) - Reporting)
- Manufacturing (Finance (Qualified) - Sector Experience)
- Monthly Payroll (Finance (Qualified) - Payroll)
- Negotiation (Finance (Qualified))
- Non-Executive Director (Finance (Qualified) - Job Level)
- Organisation Experience (Finance (Qualified))
- Outsourced (Finance (Qualified) - Payroll)
- Payments (Finance (Qualified) - Payroll)
- Payroll (Finance (Qualified))
- Pensions (Finance (Qualified) - Payroll)
- Pensions Management (Financial Consulting)
- Performance Management (Finance (Qualified))
- Personal (Finance (Qualified) - Tax)
- Pricing and Profitability (Finance (Qualified))
- Private Equity (Finance (Qualified) - Funding)
- Product Accounting (Finance (Qualified))
- Project Accounting (Finance (Qualified))
- Quotations (Finance (Qualified))
- Raising Finance - Funding (Finance (Qualified) - Funding)
- Receivership (Finance (Qualified))
- Regulatory (Finance (Qualified) - Reporting)
- Remuneration Committee (Finance (Qualified))
- Reporting (Finance (Qualified))
- Restructuring (Finance (Qualified))
- Sale & Leaseback (Finance (Qualified) - Funding)
- Sector Experience (Finance (Qualified))
- Shareholder Liason (Finance (Qualified))
- SME (Finance (Qualified) - Organisation Experience)
- SMP (Finance (Qualified) - Payroll)
- SSP (Finance (Qualified) - Payroll)
- Starters/Leavers (Finance (Qualified) - Payroll)
- Statutory Returns (Finance (Qualified) - Payroll)
- Statutury (Finance (Qualified) - Reporting)
- Strategic Leadership (Finance (Qualified))
- Systems Accounting (Finance (Qualified))
- Tax (Finance (Qualified))
- Taxation (Financial Consulting)
- Team Development (Finance (Qualified))
- Technical Releases (Finance (Qualified))
- Transport (Finance (Qualified) - Sector Experience)
- Treasury Deposits (Finance (Qualified))
- Treasury Foreign Exchange (Finance (Qualified))
- Trial Balance (Finance (Qualified))
- Valuations (Financial Consulting)
- VAT (Finance (Qualified) - Tax)
- Venture Capital (Finance (Qualified) - Funding)
- Weekly Payroll (Finance (Qualified) - Payroll)
Healthcare (Non-Clinical)
Categories
Skills
- Change Management (Strategic Management)
- External Communications (Communications & Corporate Affairs)
- Internal Communications (Communications & Corporate Affairs)
- Intranet (Communications & Corporate Affairs - Internal Communications)
- Purchasing (Strategic Management)
- Strategic (Communications & Corporate Affairs - External Communications)
Management Consultancy
Categories

