Derek Rush Email & Phone Number

Durham, North Carolina, Us

IONNA is an unprecedented rising EV charging network founded by seven of the largest automakers in the world, including BMW, GM, Honda, Hyundai, Mercedes Benz, Kia, Stellantis… We will expand access to high-powered charging in North America to everyone. Rasing the bar to the reliability and quality all drivers deserve. Integrating the frictionless retail and amenity experiences we all crave. Learn more: https://ionna.com/

London, England, Gb

London, England, Gb

Impact: Led structural financing arrangements leading to sale of $700m minority interest. Built finance function for new Master Limited Partnership (NYSE: BPMP), including support of $500m asset purchase, internal and external reporting, and cash management. Delivered distribution growth at >10% per annum, over three years. Developed vision for US Pipelines transformation, with 28% growth in profits.In this role, responsible for:- MLP and midstream strategic deals - Leads financial aspects of asset transactions to grow the MLP, providing recommendation on potential MLP asset suitability with commercial teams, ensuring asset selection criteria and due diligence, along with relevant controls, cash flow modeling, distribution planning, tax shield modeling, qualifying income analyses- financial reporting, analysis, forecasts and budgets for USPL ensuring accordance with accounting policy and controls- setting strategy and influencing plans for JV partnerships and commercial development activity- financial planning, reporting and analysis activities: ensuring the effective execution of all USPL and MLP financial planning, external reporting and analysis agendas- FERC reporting and compliance assuring the distribution of regulatory reports are timely and meet regulatory requirements- translating business strategy into financial plans and actions for BP’s USPL assets through identification and implementation of incremental business options to improve performance- cash management activities coordinating end-to-end cash management activities and interfacing with global Treasury - maintaining effective financial, operational and system based controls for USPL through a series of monitoring and compliance activities

London, England, Gb

Impact: Implemented a global set of control priorities, with control gaps reduced by >50%, credit losses reduced by >25% and enhanced understanding of risks for the business.As the Controller for the global Downstream business in BP, responsible for - ensuring that an overall system of internal controls was in place and functioning across all businesses- providing independent assurance to senior management that financial control and accounting, risk management and fraud control policies are consistent with Group standards. - Managing the quarterly and year-end due diligence processes, annual risk management review- managing credit approval for the and coordination of overall credit management across all businesses in the Segment. - leading design and implementation of projects to improve and standardize finance processes such as Anti-Bribery and Corruption and Anti-Money Laundering, Automated Business Controls, Business Continuity Planning

London, England, Gb

Impact: Led refinery to record setting profit, via deeper utilization of procurement, automation of key operational processes, and rigorous delivery of performance targets. As CFO, responsible for leading the primary governance and financial functions:- Design and convene the quarterly Board of Director meetings- Chair the Audit Sub-committee and set the annual plan- Serve as an Officer of the Joint Venture between BP and HuskyManage a team of thirty accounting, procurement, and IT professionals to provide functional support to the refinery, including an improved financial closing process, development of a software and infrastructure roadmap, and a transformation to a customer-demand based procurement departmentServe as the Values and Behaviors leader for the U.S. Fuels business and an active supporter for our site’s Diversity and Inclusion efforts

London, England, Gb

Impact: Oversaw delivery of business improvement program, taking the plant from a 4th Quartile Solomon position to a competitive level, and moved JV Board from managing past performance to setting and aligning on strategic priorities for the business. Led the Joint Venture’s (JV) governance processesEnsure compliance assurance with JV Operating AgreementsDevelop annual governance plan and Board agendasProvide risk and performance reporting information to support ongoing oversightBusiness Transformation Initiative - Program Manager of multi-year projectDeveloped governance processes and tracking, with added focus on most leveraging activitiesAlignment (and re-alignment as necessary) of targets to external competitive benchmarksProvided clear reporting to Board, operating corporation and site leadershipServe as the site continuous improvement (CI) ChampionLed CI program from a sidelines activity to the primary management forum for process improvementSet initial project agendas, deployment of CI Coaches and function as Chair of Site CI Steering CommitteeDeployed CI Coaches on highest return, highest need workstreams, e.g. energy efficiency, maintenance execution

London, England, Gb

Impact: Following creation of value-chain structure, created first integrated financial plans and associated management reporting, providing an identity and performance insight into the integrated business. Developed and implemented a full suite of management information and analytics for the integrated value chain, providing a range of analytics and decision support information for the leadership of the $25b revenue East of Rockies Fuels Value Chain. Reports included forecasts and analysis of actualsLed the planning process for the BU, including development of the first financial plan following creation of the Fuels Value Chain. Process included executive briefings, incorporation of complex changes to business structure, and presentation of plan from multiple perspectivesDrove continuous improvement including efficiency of information supply chain, forward evolution of support packs, participation in performance delivery teams, and broadened scope to deepen expertise around cash flows of the SPU

London, England, Gb

Impact: Created and implemented processes to support Sarbanes-Oxley certification, including a global balance sheet reconciliation process, a financial close improvement project, and a global process classification scheme. Won the Global Helios Award for the Finance function as a result of our project success.

Gb

Consulting - CFO Advisory/Finance Effectiveness

Consulting - Finance Business Solutions

Bachelor'S Of Science, Biology, General

Masters Of Science, Accounting