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Experienced and innovative consultant, accountant and programme manager specialising in the automation of financial processes. He has worked with accounting firms, consulting firms, system integrators and outsourcers (BDO, Capgemini, KPMG, BearingPoint, Interaction) to transform accounting processes and implement best practise in the finance functions of their clients.Functional ExperienceDelivered a range of Finance and HR transformation projects by working collaboratively with process stakeholders and technology teams to design, build and implement financial reporting and analysis solutions using ETL and BI tools including Power BI, Power Automate, Knime and Alteryx. Rearchitecting reporting frameworks to automate management accounting, budgeting, sales analysis/profitability, employee and payroll cost analysis and overhead analysis. Restructuring charts-of-accounts and data-dictionaries to integrate GL and BI systems to support drill-down from P&L through to individual transactions.Integration of Workday and other HRIS systems with Payroll and Accounting systems to automate the flow and validation of employee pay and benefits data through to the calculation engines and the onward transmission of cost data into general ledger, BI and rebilling systems. Implementation of automated payments solutions for secure and controlled transmission of employee payments via online banking platforms using international and national standards (SEPA, BACS, Swift, etc.)Management of finance automation projects to map and restructure accounting dataflows, eliminate duplication, design chart-of-accounts and data-dictionaries, implement statutory reporting, management accounting and external regulatory reporting systems and embed internal controls and evidence capture within the operational procedures. Project experience includes.- Management of implementation and software development teams to deliver bespoke and customised accounting solutions on-time and within budget.- Selection of Accounting, ERP, HRIS and CRM systems that are appropriate to the needs of the business at a controllable and predictable licensing cost.- Customisation of off-the-shelf accounting systems to deliver industry specific solutions for Loan Accounting, Insurance Bordereaux, Infrastructure funding and other sector specific accounting requirements.- Building management reporting and regulatory reporting solutions by working with process owners and stakeholders to restructure dataflows using ETL toolsets and feeding the required data into BI platforms.
Bdo
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Bdo Global OutsourcingBdo Nov 2017 - PresentCounty Dublin, IrelandProjects using Power BI and other ETL tools to automate payroll and accounting processes. Ranging from automating monthly management accounts production to building data-feeds from HR information systems into Payroll systems and mining multi-year transaction histories to identify trends and define new service offers.- Project to rearchitect and automate invoice capture and accounts payable processing for aircraft financing.- Managed a team of software developers to automate multi-country payslip and tax document distribution using an Azure based pay/tax document distribution platform that leveraged SSO and MFA capabilities to simplify user authentication and maximise data security and GDPR compliance.- Leveraged Microsoft Power BI and Power Query to eliminate manual accounting tasks and build an efficient dataflow to support automated ledger postings and delivered summary management reporting packs with the capability for drill-down to detailed transactions if/when required.- Design of accounting procedures and transaction flows for a provider of commercial loans to support customisation an off-the-shelf accounting package to record loan approvals, drawdowns, interest calculations and repayments and in structured ledgers with embedded internal controls and reporting.- Project to design and implement an internal controls and data security framework to meet regulatory requirements and achieve external accreditation standards (GDPR, ISAE3402, ISO27001).- Analysis of historical tax data to support a substantial tax refund. Analysis in Power BI of 1.6 million historical data records to validate individual PAYE/PRSI treatments and build a multi-year reconciliation to provide the detail necessary to make a successful refund claim.
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Managing DirectorIserv Limited Nov 2016 - Jan 2020County Dublin, IrelandFinance and Business Operations Consultant leading projects for:- Financial process design, transaction flow re-engineering, software design and system implementation.- Finance transformation, transaction workflows, data analysis and business intelligence- ETL process design and hands-on solution delivery using Alteryx, Power Query, VBA and Power BI.- Deterministic and Probabilistic financial modelling and application in option analysis, deal making and negotiation.- Commercial management, solution development and bid management for financial process outsourcing.- CRM and financial system selection, work-flow design and system implementation.- ISAE 3402 / SSAE 16 process design, documentation and management of the accreditation process.- GDPR data inventory, risk assessment, process implementation and contract negotiation.- Hands-on consultant with an innovative approach to diagnosis, remediation, opportunity assessment, solution design and implementation, team building and organisational development.
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Managing DirectorInteraction Jul 2009 - Nov 2016Had the privilege to lead a team of committed professionals that grew this international business process outsourcing provider by 5 times in 7 years, based on an organisation-wide culture of collaboration, automation and commitment to service outcomes. We established new operations teams to deliver quality customer experiences for regulated clients in Insurance, Banking and Medical Science, delivered value by building automated processes, relocated the business to a modern facility, implemented a new technology infrastructure and built long-lasting client relationships servicing customers in 120+ countries. -
Commercial DirectorCpl Jan 2011 - Oct 2016DublinResponsible for negotiating, pricing and closing contracts on deals ranging from €10m to €100m. Directing bid teams and managing sales pipelines. Transitioning new deals into steady-state operations, managing profit margin and costs on outsourced services and staffing contracts. Managing client relationships, architecting service models, building operational teams, selecting technology platforms and sourcing infrastructure. Ongoing P&L responsibility for long-term contracts. -
Managing DirectorCpl Managed Services Oct 2002 - Jan 2011Joined CPL in late 2002 to found a new Managed Services division and built a world class service delivery organisation that has become a substantial part of group revenues. Had the pleasure of working with clients who trusted a new organisation to transform, digitise and outsource business critical activities.
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Financial Services DirectorCap Gemini Ernst & Young Jan 1998 - Oct 2002Established a new consulting division and e-business division, and won a number of Consulting, Systems Integration and Outsourcing contracts, including a pan-European e-banking contract with a major Nordic Bank. Had 4+ years of fun working with a team of smart and motivated people who made the difficult look easy. -
Managing ConsultantBearingpoint Sep 1989 - Jan 1998Established the World Class Finance consulting division in KPMG/Bearingpoint Ireland and led an extensive range of Shared Services, Strategy, and Technology projects in Europe and Africa for Multinational Corporations, Financial Institutions, Governments and the World Bank. Learned the value of independent thought and innovation from a leadership team that led by example. -
Senior AuditorKpmg Audit Oct 1986 - Sep 1989Had the privilege of working with consummate professionals to gain experience on a range of Audit, Tax, Accounting and Corporate Finance projects. Applied his knowledge of computing and financial processes to challenge established systems and implement the first generation of PC technology. -
AccountantMax Keane & Associates Oct 1983 - Oct 1986Trained as an accountant under the guidance of a supportive and trusting principal and mentor. Was given the latitude to learn to write software and automate various accounting and tax activities.
Liam Foley Skills
Liam Foley Education Details
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Business -
Cbs Cashel
Frequently Asked Questions about Liam Foley
What company does Liam Foley work for?
Liam Foley works for Bdo
What is Liam Foley's role at the current company?
Liam Foley's current role is Expert in Finance Automation.
What is Liam Foley's email address?
Liam Foley's email address is liam.foley@cpl.ie
What is Liam Foley's direct phone number?
Liam Foley's direct phone number is 353 1 696*****
What schools did Liam Foley attend?
Liam Foley attended Acca, University College Dublin, Cbs Cashel.
What are some of Liam Foley's interests?
Liam Foley has interest in Economic Empowerment, Education, Science And Technology, Human Rights, Arts And Culture.
What skills is Liam Foley known for?
Liam Foley has skills like Outsourcing, Change Management, Management Consulting, Business Strategy, Business Process, Consulting, Leadership, Business Process Improvement, Service Delivery, Team Management, Bpo, Crm.
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Liam Foley
Hungry Sales Professional Passionate In The Art Of Conversational Persuasion Through Asking Great Questions.Cork -
2oflynnconstruction.ie, carrowmoreproperty.com
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2pmg.ie, pmgroup-global.com
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