Malcolm Watts Email & Phone Number

London, Gb

NO Uniform is one of the UK leaders in bespoke designer uniforms, with an enviable client list in luxury hospitality ranging from smaller independent Michelin-starred restaurants to world-famous hotel chains. The award-winning company was founded in 2014 by distinguished designer Nicholas Oakwell.Key achievements:- Implement new month-end reporting procedure, including comprehensive monthly MI pack- Instigated a new Group company structure and share structure- Recruited and trained a new Finance team- Secured debt finance for the fit-out of new office premises in Hackney Wick

London, Gb

ERDEM is an independent luxury womenswear brand founded in 2005 and has steadily grown with turnover reaching £18m. With sales generated predominantly from wholesale partners, the business is looking at future growth through more direct-to-consumer channels. Short-term contract to lead Finance function whilst waiting for the perm-FD to start due to notice periodKey achievements: - Implement new month-end reporting procedure, including full revision of monthly MI - Create a robust daily/weekly/monthly cashflow forecast model - Lead the upgrade project of Sage 50 to Sage 200 - Driving the ecommerce team to develop numerous growth opportunities - Focus on reducing the Debtors balance with recruitment of new AR Manager

London, Gb

From humble beginnings in Marielle Wyse’s kitchen in 2017, the growth of the business to £14m in 2022 has been remarkable. Leveraging the impact of Instagram Live and the selling of pre-order premium womenswear, WYSE London has been profitable and cashflow positive since day one.Reporting to the Founder as the first senior hire when the company had only eight employees and a number of freelancers, I was recruited to bring structure across the business to support its growth ambitionsKey achievements: - Established an in-house finance function and recruited a finance team - Implemented cash management, management accounting, and financial controls - Project-managed the opening of stores, adhering to tight deadlines and budgets - Expanded international Trademark protection for the brand - Introduced Global-e for international cross-border selling - Improved commercial terms by changing insurers, bank and tax partners

London, England, Gb

Premium womenswear ecommerce business with annual sales of £12m. With PE backing from Active Partners and HNW individuals, the business continues to grow at over 30% year-on-year.Maternity cover role reporting to the CEO and lead the finance function during a crucial time for the business as it recovers from the pandemic and ready to take advantage of expansion opportunities.Key achievements: - manage the Brexit process to ensure business continuity (including engaging a new freight forwarder partner) - renegotiation of the bank loan facility - review of potential future funding options, including CBILs - oversee the completion of the Netsuite implementation - steering committee on the new cross-border API integration, Global-e

London, Gb

Links of London was a luxury jewellery business founded in 1990 and acquired by the Folli Follie Group based in Greece in 2012. With global sales total £100m, of which the UK accounted for £50m, sales were generated through stores, online and wholesale. The Company went into administration at the end of 2019 after the Folli Follie Group was declared insolvent.Reporting to the Links of London Global CEO, I was recruited to transform the finance function to deliver timely, informative and robust financial information.Key achievements: - production of 3 year turnaround and 5 year growth Business Plans - streamlined financial analysis and reporting including management accounts - implemented daily cashflow management - driving financial controls delivering overhead cost savings - delivered CVA proposals - arranged £6m specialist asset-backed loan with Hilco Capital - managed IT including ERP upgrade the Dynamics and Power BI reporting

London, Gb

EAST is a premium ladies multi-channel retailer (stores, concessions and eCommerce) with annual sales peaking at £50m. Reporting to the CEO, I was responsible for the finance, IT and distribution functions. Key achievements:- successful PE sale of the business from FabIndia to Crore Capital in October 2016- relocation of the Head Office - outsourcing the distribution function from an in-house warehouse to a 3PL solution, SEKO in Milton Keynes- steering committee for the new Merret ERP including implementing SUN finance systemDuties:- stakeholder liaison including banks, investors, auditors- leadership of financial information at Board meetings- challenging and presenting annual budgets and forecasts- evaluation of capital expenditure requirements- foreign exchange, f/x, foreign currency management- property portfolio management - capital appraisal of new stores and exiting loss making units- managing the IT and Distribution functions of the business

London, Gb

Reporting to the Finance Director, the Financial Controller duties include; - managing and developing the finance team - ensuring the internal controls for accuracy and integrity of data stored - timely production of Management Information - treasury functions including cash flow forecasting and managing foreign currencies - financial analysis and financial planning

Chiswick, London , Gb

US based global sports events, entertainment and talent management company with European headquarters in London.Integrating the event portfolio from the acquisition of The Quintus Group by IMG. Managing the finances of the newly created division and migration of the accounting function, including the transfer of financial reporting from Sage to SAP.

Quintus was a privately owned and Ibis PE backed business that delivered corporate hospitality sporting events including the Masters Tennis at the Royal Albert Hall and the London Triathlon. In 2007 the Quintus Group was acquired by IMG UK Ltd.Reporting to the Finance Director, the role of Financial Controller duties included; - financial modelling of potential acquisition targets - monthly group consolidation of management accounts - managing the quarterly forecast and annual budget process - processing the payroll on Sage, including year end P60s and P11Ds - leading the annual audit review, including drafting accounts for 8 companies - managing the Sage Accounts 50 package

London, Gb

Management Accountant (Jun 97 to Dec 98)Miller Freeman is a subsidiary of United News & Media that produces trade magazines, trade exhibitions and hosts awards ceremonies. The business was split over varying locations, including Chiswick, Docklands, Sidcup and Tonbridge.There was a Management Accountant that was assigned to each market sector, to which I controlled the Engineering division.Systems Accountant (Jan 99 to Dec 2000)Being a large organisation, Miller Freeman had complex systems in the finance department. JD Edwards was used as a billing system which sat on top of Oracle which was used for payables and general ledger. There were additional systems such as Hyperion and Business Objects utilised for information reporting.The position of Systems Accountant was created to aid in the smooth implementation of new systems and upgrades, as well as an important role in ensuring all systems were Y2K compliant in the lead up to the new millennium.

Pirelli Construction was a cable installation division of the Pirelli Group based near Southampton. The construction industry is a complex area of accounting, where expertise is required to abide by many accounting standards, including the valuations of work-in-progress and profit recognition in long-term contactsPositions held; - Purchase Ledger Clerk - Sales Ledger Controller - Divisional Assistant Accountant - Accounts Manager - Steel Fabrication Unit - Jubilee Line Extension - Project Accountant

Education record

Education record

Btec National Certificate - Business & Finance