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Damien Farrell

Damien Farrell

Assistant Management Accountant

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  • Timeline

  • About me

    Senior Financial Officer

  • Education

    • Griffith College Dublin

      -
      Association of Chartered Certified Accountants

    • Technological University Dublin

      2003 - 2007
      Bachelor of Science (Mgmt) Management and Marketing Accounting & Finance, Management, Marketing

  • Experience

    • BWG Foods Ltd

      Jun 2007 - Apr 2008
      Assistant Management Accountant

    • MCR Group

      Apr 2008 - May 2010
      Accountant

    • RewardStream

      Aug 2010 - Jun 2012
      Assistant Controller

      Managing all aspects of a Saas company's finance and accounting activities - Internal & External Reporting, Budgets & Forecasts, Cash Management, Legal and Corporate Affairs

    • Olhausens ltd

      Jul 2012 - Nov 2012
      Financial Accountant

      - Managing the cashflow position of the company - invoice discounting and current accounts, liaising with the company’s bankers and the management of the debtors and creditors ledgers.- Monthly Reporting – Completion of monthly management accounts - P&L, Balance Sheet, Cashflow and supporting schedules.- Management of the various day to day activities of the finance function of the company.

    • Insomnia Coffee Company

      Jan 2013 - Jan 2018
      Finance Manager

      • Monthly Reporting – Lead a team of five in the preparation of the individual and consolidated accounts for all group stores • KPI Measurement & Management – preparing analysis and meeting periodically with Operational and Regional Managers to review and discuss KPIs – sales, margins, waste & payroll cost %. Devising plans to address any issues identified and monitoring results.• Payroll – Management of the system selection, and migration in house of the weekly payroll of 340+ employees• Team Management & Development – Accounts Payable, Accounts Assistants and Payroll Administrator. Show less

    • GiftsDirect.com

      Jan 2018 - May 2021
      Head of Finance

      Member of the senior management team of the company providing strategic financial support. Responsibility for the finance function for two internationally trading online retail stores - giftsdirect.com & theirishstore.com.• Leading a team in the preparation and presentation of management accounts up to and including to Board Level.• Responsible for high-quality, accurate and on-time, insight-driven financial and operations analysis and reporting – translate insights into recommendations and actions.• Cash flow management and forecasting including foreign exchange risk management through hedging• Management of the annual budgeting process• Working with banking partners to secure overdraft and term loan facilities to manage cash flows and capital expenditure.• Oversee and coordinate the day-to-day management of the finance and accounts operations and personnel. Show less

    • AuxiliaGroup

      Jun 2021 - Sept 2023
      Business Financial Consultant

      As a Business Financial Consultant I provided financial support services to clients such as: - Interim Head of Finance / CFO- Fundraising: debt, equity & grants- Business planning- Systems implementation- Modelling, forecasting, scenario planning- Mergers & acquisitions- Coaching and mentoring

    • Mérieux NutriSciences - Ireland

      Oct 2023 - now
      Finance Manager Ireland

  • Licenses & Certifications

    • Association of Chartered Certified Accountants