Ian Mcdonald

Ian Mcdonald Email and Phone Number

Chief Financial Officer / Finance Director @ BioAscent
Ian Mcdonald's Location
Greater Edinburgh Area, United Kingdom, United Kingdom
Ian Mcdonald's Contact Details

Ian Mcdonald personal email

n/a

Ian Mcdonald phone numbers

About Ian Mcdonald

A highly experienced Finance Director/Chief Financial Officer with a successful track record gained in SMEs and PLCs in the manufacturing and customer service industries - particularly within life sciences, pharmaceuticals and FMCG. Now operating as a Portfolio Finance Director and NED.Experienced in UK, Europe and Asia. Recognised as a strong, motivational leader and communicator with excellent people management skills and a flair for developing talent and high performing finance teams and implementing strong financial controls. Combines a pragmatic, flexible approach, with strategic input, an attention to detail and a “hands on” operational style.A successful record of achievement as a CFO within a Private Equity backed business with credibility gained from developing positive and effective relationships with stakeholders,and successful participation in successful exits.A proven track record in securing funding for growth from both public sector finance providers as well as institutional finance providers.Excellent commercial judgment and an ability to identify key issues and effect changes in a participative manner. Success in the evaluation and commercial shaping of high value projects including worldwide ERP system implementations and mergers and acquisition experience.Commercial experience of structuring, analysing and negotiating contracts and ability to challenge and influence ideas and business strategy

Ian Mcdonald's Current Company Details
BioAscent

Bioascent

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Chief Financial Officer / Finance Director
Ian Mcdonald Work Experience Details
  • Bioascent
    Financial Director
    Bioascent Oct 2018 - Present
    Newhouse, North Lanarkshire, Gb
    BioAscent Discovery Ltd is PE backed leading provider of integrated drug discovery services, including compound management, biology and medicinal/synthetic chemistry services, and compound library provision via Compound Cloud.The company was recently nominated in “High Growth” and “Rising star” categories for Scottish Life Sciences Awards.
  • Various Start-Ups And Biotechs
    Fractional Finance Director - Variety Of Various Senior Finance Positions
    Various Start-Ups And Biotechs Jul 2020 - Present
    Various senior finance roles. For example Engineering, Biotech, SaaS
  • Sbha Limited
    Scottish Borders Housing Association - Appointed Board Member
    Sbha Limited Oct 2017 - Present
  • Trust Housing Association
    Financial Director
    Trust Housing Association Jan 2020 - Jun 2020
    Edinburgh, Scotland, Gb
    Trust Housing Association is a national provider of housing support and care services. Appointed on an interim basis as Finance Director pending the appointment of a full time F.D.
  • Ryboquin Ltd : Nanogenics Ltd
    Chief Financial Officer
    Ryboquin Ltd : Nanogenics Ltd Jan 2018 - Jan 2020
    Ryboquin Ltd and Nanogenics Ltd are Biotech companies engaged in the development of certain gene and cancer therapies. The companies also hold the Intellectual Property of "Liptide" an artificial virus effective in many gene therapy techniques. Since joining I have been active in the completion of the company business plan, fund raising (£5m) and in acquiring the rights to the Liptide platform.
  • Cyklop International
    Chief Financial Officer
    Cyklop International Jun 2015 - Jan 2018
    The Netherlands, Nl
    Cyklop International is a global manufacturer of universal packaging solutions. The company operates in over 20 countries worldwide, predominately in Europe, South America and Asia.Working alongside the group CEO , responsible on a consultancy basis for overseeing and directing organisational financial goals and objectives and rolling forecasts. Regular meetings with Board and other company executives to develop financial strategy.Strategic projects include:Group restructuring to take advantage of legal and tax efficiencies.investment appraisal of overseas company acquisition.financial due diligence - both acquisition and disposal.business turnaround.
  • Johnson Matthey (Macfarlan Smith)
    Finance Director
    Johnson Matthey (Macfarlan Smith) 2014 - May 2015
    Appointed to oversee all aspects of the Finance and I.T. functions and to strengthen financial management of the business, accounting processes and financial reporting. Contributed to the strategic direction of the business.Completed £30m finance proposal regarding acquisition of new production facility to supplement existing operations in Scotland in order to position the business strategically for growth.
  • Chiltern International
    Chief Financial Officer
    Chiltern International 2009 - Dec 2013
    Durham, North Carolina, Us
    An international contract research organisation managing the conduct and staffing of global clinical trials for the pharmaceutical and biotechnology industries. Operating in 26 countries with1,600 staff and revenues of $200million.• Holding full accountability and ownership of the entire financial performance of the Group.• Overseeing and effectively managing working capital, debt levels, banking covenants, taxes, budgets, forecasts and FX hedging.• Providing leadership to a team (55 staff worldwide) responsible for developing financial plans and producing meaningful and timely financial management information• Aligning financial plans with the Group’s strategic business plan, growth objectives, market opportunities and direction• Ensuring strict compliance with international GAAPKey achievements:• Achieving rapid internal promotion, having joined the company in 2009 as a Financial Systems Project Manager, progressing to Group Financial Controller in 2010 and attaining the position of CFO in 2012• Partnering the Chairman and CEO to successfully secure refinancing for the Group through financial due diligence and presentations to potential lenders• Partnering with the Chairman, CEO and other Board Members to plan and implement the Group sale process, with responsibility for financial due diligence and delivering financial presentation to prospective buyers• Significantly improving financial capabilities by implementing a worldwide finance system which delivered better discipline in reporting and financial control and improved visibility of accounting processes
  • Kendle / Charles River
    Finance Director
    Kendle / Charles River 2004 - 2009
    Part of Kendle Inc., a USA SEC-listed clinical research service company and the fourth largest worldwide• Spearheading financial leadership and reporting across the UK operation and 7 other subsidiaries across Europe, with revenues of over $150million per annum• Providing effective leadership and direction to the European-wide finance team, to ensure that all financial obligations of the 5-year business plan and annual business plan were achievedKey achievements:• Improving financial reporting by restructuring the European Finance Team to meet the demands of a growing business, including reducing the complexity of key management reports to increase confidence• Winning US Corporate Office approval for a business case to implement a new European financial and management reporting system, which was delivered on time and on budget• Improving month-end procedures to enable reports to be prepared one day after period end, with full financial reports available within 4 days of month end• Achieving a £600,000 profit benefit and £300,000 cash flow benefit by enhancing the system used to capture and analyse the costs associated with work in progress• Reducing costs and improving standards of financial reporting across Europe by consolidating Advisors, minimising reporting times and implementing transfer pricing arrangements• Developing a rolling forecast model highlighting key business drivers and rolling it out across Europe, resulting in improved forecasting, increased added value and elimination of annual budgeting processes• Managing development of financial system documentation related to internal controls, to achieve compliance with the Sarbannes-Oxley act• Managing due diligence during the sale of the European business, including overseeing 6 audits, 3 tax investigations and a new system implementation within a 12 month period
  • Aviagen
    Financial Controller
    Aviagen 1997 - 2004
    Us
    The world’s leading poultry breeding/genetics group, owned by venture capitalists, operating in 100 countries with revenues in excess of $700million• Holding full responsibility for all financial reporting of the UK parent company and 3 European subsidiaries• Preparing investment plans, drafting joint venture agreements and managing the expectations of stakeholders in relation to these investments• Conducting feasibility studies into the potential for establishing operations in the Middle East, Eastern Europe and Asia• Monitoring the financial performance of a network of distributorsKey achievements:• Acting as Board Director for 3 European joint ventures, and also contributing significantly to Middle Eastern, Central European and Turkish regional management teams• Taking ownership of a Turkish joint venture investment proposal, including rewriting the business plan, winning Board approval, successfully negotiating finance from foreign banks and agreeing investment terms with a Saudi-based joint venture partner• Gaining shareholder approval for a development plan to expand the regional production base in Hungary• Improving the efficiency of annual budgeting procedures by reviewing existing processes and implementing changes• Receiving clean audit reports every year• Consistently achieving all targets
  • Rp Adam Group
    Group Financial Controller / Company Secretary
    Rp Adam Group 1993 - 1997
    A family-owned group of 5 companies specialising in the manufacture of industrial cleaning chemicals• Devising a business plan that secured substantial additional funding and allowed the company to expand into new UK and international markets• Implementing financial plans and a new financial system for a new subsidiary in the United Arab Emirates
  • Grant Thornton Llp
    Audit/Corporate Finance
    Grant Thornton Llp 1988 - 1993
    Chicago, Il, Us
  • French And Duncan Chartered Accountants
    Audit
    French And Duncan Chartered Accountants 1983 - 1988

Ian Mcdonald Skills

Accounting Managerial Finance Financial Reporting Management Finance Cash Flow Budgets Auditing Change Management Restructuring Cost Accounting Mergers And Acquisitions Due Diligence Project Management Pharmaceutical Industry Working Capital Management Financial Modeling Risk Management Financial Accounting Ifrs Microsoft Excel Corporate Tax Budgeting Implementations Of Financial Systems Forecasting And Financial Planning Team Building International Joint Ventures Poultry Industry Managing Business Growth Cost Control Performance Management Performance Improvement

Ian Mcdonald Education Details

  • Institute Of Chartered Accountants Of Scotland
    Institute Of Chartered Accountants Of Scotland
    Ca
  • University Of Stirling
    University Of Stirling
    Accountancy

Frequently Asked Questions about Ian Mcdonald

What company does Ian Mcdonald work for?

Ian Mcdonald works for Bioascent

What is Ian Mcdonald's role at the current company?

Ian Mcdonald's current role is Chief Financial Officer / Finance Director.

What is Ian Mcdonald's email address?

Ian Mcdonald's email address is mc****@****l.co.uk

What is Ian Mcdonald's direct phone number?

Ian Mcdonald's direct phone number is (910) 338*****

What schools did Ian Mcdonald attend?

Ian Mcdonald attended Institute Of Chartered Accountants Of Scotland, University Of Stirling.

What skills is Ian Mcdonald known for?

Ian Mcdonald has skills like Accounting, Managerial Finance, Financial Reporting, Management, Finance, Cash Flow, Budgets, Auditing, Change Management, Restructuring, Cost Accounting, Mergers And Acquisitions.

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