Liam Heffernan Email & Phone Number

Liphook, Gb

Fleet, England, United Kingdom

Global, Based In Uk

A rapidly growing, complex $1.5 billion turnover, global, high service electronics distributor - technology led and dynamic with over 3,600 employees worldwide and extensive presence in Europe, North America and Asia. Appointed VP of Finance and CFO, following its acquisition by Avnet Inc. in Oct 2016. Team of 280 people in 14 countries worldwide.• Established a high performing finance team and motivated through extreme change transitioning from a UK listed plc to a subsidiary of a US Fortune 200 company• Grew sales and controlled costs to increase operating income from pre-acquisition 6.4% (FY16) to 10.8% (FY18) in two years• Reshaped the business to greater profitability by partnering and bolstering the CEO and Board • Successfully fostered a collaborative approach between board members, mediating conflicting approaches and views to reach consensus on strategy• Freed up cash to be reinvested in the business by improving cash cycle by 10 days • Saved wasted hours by streamlining the budgeting and forecasting process • Achieved SOX compliance and clean audits engaging with internal and external Audit

London, United Kingdom

Director of Controlling for the EMEA division of Avnet Inc., a growing and profitable business with annual revenue over €2 billion and 1,500 employees across multiple European sites. Controlling team consisted of 15 people located in the UK and Germany supporting the business via developing new reports, KPIs and intelligent analysis.• Maximised results by navigating emotive business forecasting and budgeting between multiple, conflicting internal parties. • Grew profitably through acquisition. Valuing acquisition targets, undertaking competitive analysis, financial modelling, identifying synergies and negotiating with owners.• Turned loss-making business to be growing and profitable, working with the Business President to continuously target improved margins and reduced costs

Abacus Group plc was a €350m turnover, UK listed, electronics component distributor within EMEA that grew substantially both organically and through acquisition before being acquired by Avnet in 2009.• Gained increased debt financing and covenant restructuring following 2008 financial crisis• Successfully allocated limited cash resources maintaining good relationships• Reduced the finance board report from 80 pages to 20 to focus on KPI

American Golf (UK) Ltd was the UK subsidiary of American Golf Corporation that owned and operated golf courses. Member of the management team that grew from twelve to twenty golf courses and integral part of the team helping market and sell the UK subsidiary.• Sold the UK subsidiary, preparing forecasts and meeting interested buyers• Developed a happy, hard-working finance team of six• Enabled on-going growth by implemented new accounting & digital filing systems

Williams Allan was acquired and became part of RSM