Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc Email and Phone Number
I am a CIMA qualified Head of Finance with 15 years post qualified experience in high growth private equity businesses with turnovers of up to £300m. I have worked with 4 PE Houses across a diverse range of sectors: Cloud Technology and Import Procurement, Online Media, E-Commerce, Residential Care, Automotive Manufacturing and Agricultural ProductionAs well as producing, analysing and presenting strategic information at board level, I have led process improvement projects within both commercial / operational finance functions; I have managed, structured, transitioned, coached and integrated teams of up to 30 heads. I have also been the finance lead in system integrations and transitions, chart of account and data conversions and my work has contributed directly toward a £88m private equity exit sale to industry, as well as a £388m initial public offering on the London Stock Exchange. Key Skills• Board level analysis and presentation of financial information, including budget re- modelling• Change Management: business process re-engineering and system migrations• Team Management, coaching and improvement• User of SAP, SAP B1, Sage, Hyperion, MS Dynamics, Xero, Sun, Agresso, JDE, SPSS, Cognos. Key Achievements• Presented to Board for a finance team restructure and integration proposal of an acquisition• Created and presented to the board strategic dashboards consolidating 200 operational sites;• Design and Installation of first principles FP&A function, feeding directly to director level; • Presented financial review to 500 employees at the Company Annual Conference• Reduced month end reporting period from 3 Weeks to 3 working days (within 3 months)• Reduced month end reporting from 15 to 5 working days (within a 6-month period)• Reduced finance team costs by 10% within 12 months (to £630k 2014)• Reclaimed £1.5m of VAT in support of a landmark winning tribunal against HMRC
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Finance DirectorYour ChapterPrescot, Gb -
Finance DirectorYour Chapter Apr 2021 - PresentStockport, England, United Kingdom -
Finance DirectorBusiness Doctors Franchising Ltd Mar 2020 - PresentCheshire West And Chester, England, United Kingdom -
Paternity Leave (And Acma Continuous Professional Development)Paternity Leave Nov 2019 - Mar 2020I have had an amazingly rewarding time in caring for my daughter between leaving Nursery and starting Primary School (lots of numbers and letters, lots of swimming and running, lots of fun). I have also made use of the huge online resource available to CIMA Members, which is of the highest quality. I would recommend this to everyone with an interest in continuous professional development. -
Head Of FinanceIesa Ltd Sep 2016 - Oct 2019Warrington, United KingdomI restructured the finance team of 24 heads, led projects to improve operational processes and quality of outputs, and project managed integration with new Group parentKey Achievements• Remodelled Group Budget and Forecast (multi-currency / multi-geographic).• Finance Lead in SAP System Migration of newly acquired businesses from SB1 and Sage to SAP• Setup new International entities, international banks, and project managed international audits• Remodelled and Automated Payroll analysis across multi- currency / geographic regions• Produced data room due diligence deliverables to supplement twenty potential buyers’ requests• Reviewed the Due Diligence and (locked box) acquisition pricing analysis of acquisition target• Financial Analysis of a £40m refinancing tender across four competing financial institutionsMain Duties• Management of all commercial and operation finance sub teams, and external relationships• Finance lead in business partnering of Budgeting and Forecasting• Team production of Group results (8 countries covering Europe and Asia)Reason for leaving: Redundancy following a post-exit sale and migration to London Group Parent -
Director Of Financial Planning And AnalysisNorthgate Public Services Jul 2015 - Jun 2016Alderley EdgeFixed Term Contract Role: Financial Planning Reporting Manager I setup the (post acquisition) commercial reporting function, adapted systems to automate board pack flash result and cash flow forecast, and established systematic business partnering challenge of directors in their cost and capex spend. -
Finance Director DesignateThe Cambian Group Mar 2013 - Apr 2015Cheadle, Greater Manchester, EnglandI repaired a finance function of 15 heads that had been fragmented by a succession of acquisitions, then led the team through an exit sale, followed by the geographical migration to the new London based Parent, and subsequent consultation process and redundancy in Cheadle. Key Achievements• Reduced Day Sales Outstanding from 57 days to 23 days (within 9 months)• Created segmented analysis directly enabling change in strategy to higher margin services. • Created cost bridge and direct challenge of commercial directors in the budgeting gap. • Installed Business Partnering support for director and managerial commercial leads• Enhanced system use of non-financial KPI, and variance analysis (capacity / occupancy). • Led a project in migration of SAP and Sage to Sun Systems and Installation of Optical Scanning • Led a migration project of 15 team members’ responsibilities to new London offices.Main Duties• Management of commercial and operation finance functions (15 heads), and external relationships• Production of group results of 18 subsidiaries (including merger and acquisition disclosures).• Production of Presentation of property investment appraisals in support of organic expansionReason for leaving: Redundancy following post-exit sale integration period with new Group -
Financial ControllerTalktalk Business Jun 2012 - Dec 2012Warrington,United Kingdom -
Senior Record To Report ManagerSpeedy Asset Services May 2011 - May 2012Newton Le WillowsKey Achievements• Enhanced month end reporting from 8 to 5 days -
Group Finance SystemsAstrazeneca Aug 2010 - May 2011Alderley Park, CheshireKey Achievements• Converted chart of accounts and data migration of 900 multi- currency global entities -
Head Of AccountingTrader Media Group Jun 2004 - Sep 2010I led the finance team (30 heads) through an existential business transformation from a publishing business to an online media platform. Managing a series of process, system, data cleansing and geographical changes, and developing financial reporting for strategic decision making.Main Duties• Management of all commercial and operation finance sub teams, and external relationships• Budget lead in coordination, development, commercial challenge and support in submissions• Ensure integrity of the accounting team’s Visio & Word process mapped accounting environmentKey Achievements• Presented to The Board for capex investment in an online analytical planning system• Enhanced board report by introducing statistical price elasticity drivers into the forecasting process• Migrated 16 accounting teams into one SSC team within a control-based accounting environment.• Created a new Group Chart of Accounts to complement the new online media structure. • Continuously improved internal controls and processes to compliment new systems and SSC. • Led Finance Function in migration of Sage Line 500 to Agresso 5.4 and created reporting packsReason for leaving: Redundancy with relocation of role to headquarters based in London -
Management AccountantToyota (Gb) Plc Jan 2002 - Feb 2004• Provision of full in-depth commentary for Board submission.Active participation in 'Marketing - Brand Plan' meetings with Senior Managers. • Governance of product standard costing controlsReconciliation of multi-£m monthly balances between actual / standard costs• Budget submission analysis and support of commercial managers• Analytical processing of 'What if?' budgeting scenarios• Coaching colleagues in the use of existing / new systemsKey Achievements Include:• Project: UAT of new intra-net based standard costing system. • Working with IS- consultants in applying test scenarios to ensure required system criteria is met. • Project: Continuous Improvement; working with IT department to reduce the accounting period close from 7 to 3 days by automation of month-end journals. • Project: Documentation of explicit and tacit knowledge: detailing the role and responsibilities of the position held. • £700k cost saving through identification of over invoicing; via reconciliation of the variance between invoiced and expected vehicle cost balances. • 7-day time saving (each year) by automating a manual input process. Resulting in instant transfer of data from MIS budgeting tool to JDE Accounting system. -
Commercial AccountantG'S Marketing Ltd Nov 1999 - Dec 2001Responsibilities Include: • Monthly statutory and management accounts preparation and interpretation• Variance analysis in a manufacturing environment• Maintaining fixed asset register• Capital expenditure procedure (governing the controls of)• Budgeting guidance and coaching of divisional staffKey Achievements Include:• Project: Design, tutor of daily margin report tools, for use at an operational level• Project: Annual review and update of product standard costs• Redesign of stock records to identify slow moving packaging stock, resulting in a direct (prudent) revision of the company's accounts. • Coordination of annual, physical fixed asset audit, resulting in an improvement in the accuracy of accounting records.
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc Skills
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc Education Details
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Continuous Professional Development -
Economics -
Manchester UniversityEconomics; Economics
Frequently Asked Questions about Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc
What company does Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc work for?
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc works for Your Chapter
What is Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc's role at the current company?
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc's current role is Finance Director.
What schools did Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc attend?
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc attended Cima (Cpd), University Of Essex, Manchester University.
What skills is Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc known for?
Ian Oatley Acma Msc (Econ) Ba (Econ) Esrc has skills like Leadership, Auditing, Team Building, Information Technology, Stakeholder Management, Cash Flow, Employee Engagement, Financial Forecasting, Executive Management, Tax, Financial Modeling, Data Analysis.
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