Tim Davies

Experience

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  MHA Carpenter Box

  Apr 2002 - May 2005

  Trainee Accountant

  I was employed under a training contract whilst I pursued my professional qualification. I gained valuable experience across a variety of entities working on audits, personal/company tax returns and production of accounts.

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  DW Electrical Ltd

  Jun 2005 - Dec 2005

  Accounts / Office Manager

  DW Electrical Limited was an electrical and mechanical service company specialising in construction contract work. I joined as a member of the senior management team to aid direction and development from a financial perspective.• Maintained tight cash management, improving debtor days and recovery, resulting in more fluid working capital.• Enhanced understanding of budget process for key management, achieving greater cost control and maximising earnings.

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  Sampling Innovations Ltd

  Dec 2005 - Mar 2011

  Finance Manager

  Sampling Innovations was an SME operating in the beauty and cosmetics industry, specialising in the manufacture of sample size products for retail and marketing purposes.• Replaced the finance system and introduced cost control processes, achieving year on year savings of approximately 10%.• Managed currency risk exposure and introduced hedge strategy, achieving stability in a volatile market.• Executed effective working capital management through onerous liquidity issues and difficult trading conditions. Show less

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  Arinc Inc

  Mar 2011 - May 2013

  Finance Analyst, International Division

  ARINC operated in the commercial aviation, defence and government industry providing communications, engineering and systems integration solutions. I joined in a newly created role following the formation of an international division, combining the EMEA and AsiaPac regions with shared global infrastructure. This diverse position incorporated international travel, working closely with business unit heads providing financial control and performance reporting.• Successful implementation of an improved capital program process, enabling greater flexibility to respond to market forces.• Introduced dashboard management reporting, receiving compliments across the business from senior management. Show less

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  Southern Water

  May 2013 - Jul 2015

  Business Performance Analyst

  Southern Water was a complex, challenging and highly regulated business operating in the utilities sector. My initial responsibilities included financial analyst support for numerous small but highly confidential Directorates, collation and preparation of the monthly company reporting pack and management of the company annual budget process. I successfully progressed to a role supporting the second largest Directorate, Customer Engagement, providing opportunity to utilise core business partnering skills on a business unit with approximately 450 FTE.• Delivery of the annual budget, hitting all deadlines and providing extensive reporting through to Board sign-off.• Creation of cost centre management reporting using rolling forecasting, significantly improving cost control.• Delivery of numerous ‘make or buy’ costings supporting key business decisions. Show less

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  Cabot Credit Management

  Jul 2015 - Jun 2017

  Finance Business Partner

  Cabot Credit Management was a US owned debt recovery services specialist operating across Europe. The debt purchase business had acquired over £20 billion of face value debt since its inception and collected over £25m each month, ~£7m from UK litigation.I was employed in a litigation specific role following a period of exceptional growth. One of my primary objectives was to establish an improved cost forecasting model to better predict the Court costs on high volume litigation activity. The spend volatility created reporting challenges for the US owners, Encore Capital Group, particularly in respect of earnings per share. The business spent ~£40m a year on Litigation, a significant investment in future recoveries, and this, together with complex US GAAP reporting, made the role high profile and subject to scrutiny.• Creation of a complex cost forecasting model, improving accuracy and enabling scenario modelling for profit maximisation.• Developed US GAAP reporting within a SOX environment, working with US colleagues and using large volumes of complex data.• Designed, created, and implemented a monthly management reporting pack providing much improved performance reporting.• Frequent performance presentation to CEO/CFO level, communicating complex information succinctly. Show less

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  PALMER & HARVEY LIMITED

  Jun 2017 - Dec 2017

  Business Partner (Finance) - Operations South

  Palmer & Harvey was one of the UK’s largest privately owned Companies, operating in the delivered wholesaler market. Through its UK distribution network of 14 Distribution Centres, divided into two operational regions (North & South), it specialised in the wholesale of grocery and convenience goods, including tobacco.I was employed in one of two newly created roles to support the two Regional Heads of Operations, together with their team of Distribution Centre Managers (DCMs), from a financial performance perspective. Being responsible for the Southern region, the role involved working very closely with the DCM’s and their respective management teams to better understand their costs and cost drivers, improve in-branch financial controls and ultimately optimise their financial efficiency.• Swift comprehension and appreciation of Warehouse & Distribution operations, and the associated KPIs.• Identified weak in-branch financial controls and implemented a plan to strengthen them.• Established a framework of regular Financial Reviews where there was none.• Designed and introduced a network wide budget variance summary with a focus on milestone defined operational plans. Show less

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  Cabot Credit Management

  Dec 2017 - Mar 2018

  Project Accountant

  Cabot Credit Management, a previous employer, contacted me following news breaking about Palmer & Harvey with an offer of a Fixed Term Contract. The role supported numerous projects focussing on business integration.

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  WoolOvers Limited

  Mar 2018 - Oct 2019

  Finance Manager

  WoolOvers was a Private Equity owned British fashion retail company specialising in designing and selling renewable, sustainable natural knitwear. The business traded internationally primarily through a significant Ecommerce presence, including a distribution centre based out of Australia.I was employed as the Finance Manager with a view to adopting the Financial Controller position once internal promotions were completed. The role was varied, as is typical in an SME, with numerous responsibilities from group statutory accounts preparation to ad hoc performance reporting and analysis.• Redesign and presentation improvement of monthly Board reporting, accelerating month end close by ~5 days.• Effective delivery of critical cash flow reporting, daily cash position to CFO, weekly cash flow to Board/Owners.• Authorised Economic Operator/Customs Warehousing implementation, improving cash flow, and simplifying process. Show less

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  GFS - Global Freight Solutions Ltd

  Oct 2019 - Nov 2022

  Financial Controller

  GFS is a Private Equity backed company operating in the logistics industry as an enterprise carrier management specialist, providing multi-carrier solutions to a variety of ecommerce businesses.As the Financial Controller, reporting into the Finance Director, I am responsible for several companies within the group, As the Financial Controller, reporting into the Finance Director, I was responsible for several companies within the group, including the two primary trading entities. I managed eight direct reports covering all aspect of the finance function, including payroll.Key achievements:• Galvanised the finance team, enabling a cross functional, collaborative culture and materially improving workflow. • Successfully expedited annual audits to an aggressive timeframe, hitting Board dictated deadlines for accounts signoff.• Supported the business through a refinancing exercise, including the migration of all Banking across the Group.• Maintained compliance with all Statutory requirements for multiple entities, including an entity registered in Greece. Show less

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  Star Property Group

  Nov 2022 - now

  Group Finance Director

  The Star Property Group comprises of over 30 companies, primarily operating as a Property Investment Group with a portfolio valued in excess of £100m. In addition to the core investment activity, the Group includes a firm of Solicitors, a construction entity, a Community Interest Company and an Events business. Although predominantly based in the UK and Ireland, there are overseas interests in Spain, Montenegro and Israel.As the Group Finance Director, reporting to the CFO/Vice-Chairman, I am responsible for the smooth operation of the Finance function for the entire Group, supporting strategy and maximising resource utilisation as it realises its growth ambitions. The span of responsibility, coupled with the challenge inherent in the diverse business need, makes the role both demanding and rewarding. Key achievements:• Introduced weekly cashflow forecasting, enabling better use of funds and greatly improving visibility.• Replaced all Performance Reporting, providing a more meaningful view delivered to an accelerated timeframe.• Successfully outsourced 8 payrolls, realising savings whilst improving process.• Supported the launch of an Irish Collective Asset-management Vehicle (ICAV), a tax efficient investment fund.• Managed Portfolio refinancing, establishing decision criteria and quantifying financial risk and reward.• Hit filing deadlines for all UK entities. Show less