Richard Tansley

Richard Tansley

CFO

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location of Richard TansleyHenderson, Nevada, United States

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  • Timeline

  • About me

    VP Operations, FreshRealm Foods, LLC at FreshRealm

  • Education

    • Deepings Comprehensive

      -
    • London School of Business and Finance LSBF

      2017 - 2019
      Master of Business Administration - MBA Finance Management
    • Nottingham Business School, Nottingham Trent University

      1992 - 1995
      Chartered Institute of Management Accountants Accounting and Finance
  • Experience

    • Bakkavor USA

      Aug 2008 - Jun 2015
      CFO

      Reporting to the CEO Bakkavor USA Inc, to establish Bakkavor as a chilled food manufacturer in North America; serving major retail chains and food service markets.• Assist the development of Bakkavor USA Inc strategy; identify target markets, strategic customers and product categories.• Support CEO to deliver Bakkavor USA Inc strategy, working with Bakkavor Group and investment partners.• Appraise new business opportunities; organic, acquisition and new build.• Head up the successful acquisition and integration of additional business on East Coast.• Assist Group Tax Director in tax planning to ensure most effective tax structure is in place.• Responsible for the financial integrity of Bakkavor USA Inc and its subsidiaries, liaise with internal and external audits in the generation of reports for Bakkavor Group Audit committee. • Maximize synergies within Bakkavor USA and Bakkavor Group.• Drive profit improvement in the businesses to maximize returns through effective management reporting, KPI measurement and profit improvement programs.• Establish best practice and standardize processes across multiple sites to drive efficiency.• Established planning systems to provide 100% customer service, maximize efficiency of equipment, optimize labor, and drive lowest cost per pack produced across multiple sites.• Established labor and usage variance reporting to provide daily, weekly and monthly analysis, to allow the business to identify opportunities to reduce cost.• Installation of ERP systems into new sites to deliver standardization of controls, share services (where appropriate) and daily / weekly / monthly reporting for Bakkavor USA board to make informed decisions. Show less

    • The Chia Co

      Jul 2015 - Mar 2016
      Business Consultant - Interim CFO & COO

      CFO and COO for The Chia Company, New York, overseeing finance and operations in North America, Europe and Australia.• Implementation of weekly accounts utilizing core ERP system to report EBITDA by business unit.• Implemented management reports to measure performance to standard and forecast, alongside weekly trading reviews with USA, Australia and Europe.• Strengthen financial reporting and control to provide robust reporting to the Board and Bank within two weeks of period end.• Review and consolidation of co-packers globally, reducing from ten to four.• Establish business forecast and operational planning process, delivering significant improvements in working capital.• Monthly Board Meetings with two Private Equity companies and founder.• Reporting to the Bank on a weekly basis, 13 week cash flow and borrowing base. Show less

    • Available for new opportunities

      May 2016 - Apr 2017
      Business Consultant

      Available to work on new and exciting projects. These can be short, medium or long term, utilizing my wealth of experience in Finance, Operations, Manufacturing, Change Management and System Implementation.

    • Driscoll's

      Jul 2016 - Apr 2017
      Business Consultant - Interim Director, Financial Planning

      Reporting to the VP Finance, Driscoll’s America’s, developing Financial Planning tools and processes, improve management reporting, implement standard costing as part of an ERP implementation and support post go live. • Liaise with sales & marketing departments to review business forecast as part of the 5-year planning process. • Develop reporting models to enable the business to review cost structure to drive savings.• Develop Finance team in review and measurement of business plan to actual and presentation of information.• Evaluate the impact of California minimum wage and overtime legislation.• Establish standard costing for first time in Driscoll’s, for 240 Finished Products.• Develop and improve processes for period close to enable greater scrutiny of financial results. Show less

    • Legacy Farms & Cal Fresco

      May 2017 - Aug 2020
      Chief Financial Officer

      Reporting to the CEO, drive operational improvement and establish business reporting and controls for multi-site ~$220m produce distributor.• Implemented financial reporting and sales reporting by customer, category and department, enabling weekly / monthly reviews.• Implementation of weekly accounts reporting EBITDA and KPI’s for the previous week.• Developed warehouse strategy resulting in relocation to a new facility to enable growth and consolidation of 2nd business unit, $1.5m savings per annum.• Develop IT strategy for future growth and acquisition, implementation of new “Live Inventory” ERP system.• Established daily scorecard, daily P&L, sales reporting and labor tracking for 2 business units.• Oversee operations, review shift patterns, overtime and line balancing to improve efficiency, reducing overtime from 30+% to <5%.• Review of truck utilization, resulting in reduction of fleet by 25% with no impact to service or cost per case. • Quarterly Board Meetings with Private Equity company and founders.• Responsible for HR, IT, Insurance and Legal. Show less

    • Legacy Farms & Cal Fresco

      Sept 2020 - May 2021
      Project Consultant

      Deliver consolidation of business units to one site and one Live ERP system.Moved second business on to Live database of existing business with no disruption to either business service level.

    • FreshRealm

      May 2021 - Oct 2024
      • Vice President Operations

        Jan 2023 - Oct 2024
      • Director of Finance And Operations

        Nov 2021 - Dec 2022
      • Interim System, Manufacturing & Finance Consultant, FreshRealm Foods, LLC

        May 2021 - Nov 2021
  • Licenses & Certifications

    • CIMA

      CIMA