United Transport Tank Containers Group Interim FD and CFO
Scope:
Safeguarding the “ship” for one year, awaiting my replacement
Interim CFO Dutch logistics company
(international transport & warehousing)
Scope:
amongst other things, embraced:
Complete roll out Oracle finance over
24 companies Europe wide
Setup complete financial reporting including Consolidated P&L, Balance sheet,
Cashflow and KPI’s
Full reporting reduced from 3 months (once a year for majority of all entities (12) outside the Netherlands) initially to 5 weeks finally within
3 weeks.
Additional activities
Beyond finalising the 2006 holding company statutory books, caught up the backlog in statutory books and corporation tax returns of the daughters outside Holland.
Re-capitalisation loss making daughters
M&A - Arranging Finance
Scoping and analysing due diligences such as
Finance, IT, Legal, HRM/pensions, etc
Contacts with Banks: Supply performance
information, financing acquisitions,
re-financing loans and installed IRS (interest
rate swaps)
Interim CFO International Aviation service company
Assisted an Aviation service company to re-finance their debt package shortly after the company was acquired by a Venture Capitalist.
Advisor acquisition logistical service company
Advising Director/Owner in acquiring a competitor and implementing a new IT functionality to cater for the new activity to its portfolio of services
Acquisition of a Russian focused tankcontainer operator
Advising Director/Owner in acquiring this competitor and assisted to integrate this Company in the existing organisation
Advise, guide and (re-)finance new & existing entrepreneurial ventures
As part of the objectives of Fimmar BV, Fimmar help to develop new & existing Entrepreneurial ventures, mainly run by people in their twenties and early thirties like the foldable steel container, fashion bag company, a small tank container operator, etc.
April 2010 Interim CFO of a leading steel construction group
Scope: transfer the group from a family company into a corporate body.
Principal assignment for 18 months
Achievements / introduced:
Complete roll out Exact Globe finance over
80 companies Europe wide including implementation of a group wide communication network with mirroring back-ups
Setup complete financial reporting structure including Consolidated P&L, Balance sheet, Cashflow, KPI’s and covenant testing for the current year results, forecast and budget (Group never forecasted or budgeted before). Together with a standard Board Meeting report format
Full reporting reduced from 3 months (once a year for some entities outside the Netherlands) to 5 weeks initially and finally within 3 weeks after implementing detailed timetables.
Enhanced the ICT function
Intercompany group wide reconciliation system
PPA acquisition accounting
Functional currency change in Poland
M&A: sale of a complete division
References are available on request
Interim Assignments
Core competences
• Financial and organisational change management
• CFO with international experience hands on if needed
• Restructuring, refinancing, mergers, acquisitions and
listings
• ICT
• Business-, strategic- and investment analysis
• Business Process design and system implementation
• Planning and control systems, KPI’s, dashboard, etc
Industry Experience
• Logistics
• Aviation service
• Advertisement / BtBcommunications
• Private equity
• Steel trading
• Fashion retail