Richard Thompson

Experience

• 

  BCS Consulting

  Nov 2006 - Feb 2016

  Head of Finance

  Operational responsibility for the Finance department with ultimate responsibility for Treasury Management, Payroll, Internal Reporting, Statutory Reporting, Management of Shareholder Communications, Sales Invoicing and Credit Control, Payment and Processing of Supplier Invoices, Employee Expenses & Corporate Credit Cards with both the Company Secretarial and Compliance functions also residing in Finance.Direct responsibilities include:Significant exposure to C level executives and MD's within the businessManagement ReportingAnalysis of revenue, costs and gross marginAnnual budget productionQuarterly re-forecastingAnnual Report productionTraining and mentoring of direct reportsWorking with the Front Office on sales and headcount targetsCompany Secretarial duties to include:SIP managementEmployee Share SchemesEMI option grantsAGM organisationShare sales and purchasesProperty lease renewalsManaging all of the Group insurance policiesOrganisation and production of materials for bimonthly board meetingsManagement of the biannual dividend payment process Show less

• 

  Head of Finance / Company Secretary

  Jul 2016 - Sept 2016

  Overseas looking for my next role in the UAE
• 

  Bee'ah

  Oct 2016 - Apr 2022

  •Working closely with the Group C-Suite and working alongside the Business Unit CEO as a Finance Business Partner with key responsibilities including financial planning and budgeting, internal and external reporting, cashflow management and capital planning, new project feasibility studies and providing ongoing financial support and advice.•Develop and maintain credibility for the finance community by providing timely and accurate analysis of budgets, financial reports, and financial trends to assist the CEO, GCFIO, GCEO, Chairman, the Board, and other senior executives in performing their responsibilities.•International expansion - Key business stakeholder. Part of a core team leading the international expansion into the KSA and Egypt markets which culminated in the business being awarded significant contracts in the region (Egypt: New Administrative Capital in Cairo, KSA: 3 contracts awarded in Madinah).•Planned, implemented, organised, developed, directed, and evaluated the financial functions and performance for the local UAE team and international teams in both KSA and Egypt to ensure delivery against personal and business objectives. •Working closely with the business CEO to extend significant municipal contracts upon renewal in 2021 from a 5 year tenure to 15 year tenure, ensuring business continuity and increased borrowing power with financial institutions.•Managing significant municipal tenders with TCV totalling +AED 2 billion .•Production of 15 year and 20 year business plans for submission to The Saudi Investment Recycling Company (SIRC) to support efforts to secure a PPP model in Madinah and other major cities across KSA.•Established credibility throughout the organisation as an effective developer of solutions to business challenges whilst providing technical financial advice and knowledge to others within the financial team as well as in the wider business arena. Show less Responsibilities•Leading the Project Finance Team to provide insightful analysis, modelling and innovation to all commercial projects and tenders.•Line manager for direct reports with responsibility for performance management and motivation of the team to ensure delivery against personal and business objectives.•Co-ordinate and integrate inter-department resources to achieve the aims of budgeting, analysis, reporting and problem solving.•Conducting process reviews to identify and highlight areas for improvement across different business functions to include suggestions for improvements and implementation of new processes.•Coordination and preparation of the annual budget and financial forecasts.•Track budget objectives and performance by scheduling expenditures, analysing variances, initiating corrective actions and reporting significant issues to management.•Provide status of financial performance by collecting, interpreting and reporting financial data.•Preparing ad-hoc reports by collecting, analysing and summarising information and trends.•Calculate and issue financial and operational KPIs.•Coordinate and direct the preparation of and publication of timely monthly, quarterly and annual financial statements.•Research technical accounting issues for compliance.•Support month-end and year-end close processes.•Working across the business to continually improve the perception of the finance function to be a valuable business partner by providing valuable commentary and insight.•Coordinate the provision of information to external auditors for the annual audit.•Coordinate the provision of information to 3rd parties.•Ensure quality control over financial reporting.•Develop and document business processes and accounting policies to maintain and strengthen internal controls.•Continually improving the reporting output by identifying new opportunities, best practices and information needed by the business. Show less

  • Head of Finance

    Jan 2020 - Apr 2022

  • Financial Controller MIS & Costing

    Oct 2016 - Jan 2020
• 

  New Company

  Apr 2022 - Jul 2022

  Looking for the next challenge in the UK

  Currently seeking my next challenge after relocating back to the UK from the UAE where I have spent the past 6+ years

• 

  AB Mauri, a global business of Associated British Foods plc

  Jul 2022 - Feb 2025

  Achievements• Promotion to AB Biotek Beverages FD from AB Biotek Head of Finance within 6 months of joining• Successful acquisition of North American craft brewery, with key leadership roles assumed in both the Commercial and Finance workstreams• Restructure and automation of regional reporting submissions and business consolidation• Development and delivery of a business strategy workshop for the Global Beverages management team• Leading the setup of a new operating model to enable global product supply from our new UK plantResponsibilities• Support and challenge the business MD, BUGM’s, Regional Commercial Directors and Senior Executives• Direct FBP for the UK&I and EMEA regions• Project management of large and complex business development projects, including business models, pricing scenarios inc value-based pricing• Strategic analysis inc volumes, prices & costs by competitor/market/product• Development of business cases to support commercial strategy, business modelling for M&A opportunities• Generate and present insightful, concise, and accurate information regarding the performance across five regions (UK&I, EMEA, APSA, LATAM and NA) to the AB Mauri CEO and CFO, inc: monthly reporting, quarterly forecasts, annual budgets and 5 Year strategic plans• Manage the incentives process, setting target proposals presented to ABM CEO and CFO for approval, collating the STIP/LTIP results annually and ensuring alignment with ABF Rem Co• Chair role of ABB Finance Leadership Team meeting held each month. This is a monthly forum for the ABB FLT to meet to discuss topical issues and share learnings from each region and sector of the business• Generate New Product Development (NPD) business cases to support investment in new technologies, working closely with both the Global Technology and Global Applications Leads to ensure the project is scoped correctly• Present financial updates to the Global Beverages team at the quarterly Leadership Townhalls Show less

  • AB Biotek Beverages - Finance Director

    Jan 2023 - Feb 2025

  • Global Yeast & Fermentation - Head of Finance

    Jul 2022 - Jan 2023