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A CFO / Commercial Executive with a focus on software and services; and a commercially valuable combination of expertise across sales, ‘quote to cash’ revenue operations and commissions.A career within high growth multinational organisations in software and services; deliverables include staff retention during changing economies; business partnering to sales and legal, revenue recognition, order management operations; credit control, finance billing system design and implementation, design and implement finance transformation and Sarbanes Oxley compliant processes.An earned reputation as a Transformation Leader and Business Partner. This is underpinned by earning credibility as a trusted advisor, instigating sustainable commercial relationships internally and externally, creating networks across an organisation including C-suite._________________________________________________________________________________________________________________________Finance• Lead and coach finance teams.• Business Partner Sales, Sales Operations & Legal.• IFRS 15 Revenue Recognition.• FP&A and Statutory Accounting.• Software R&D Capitalisation.Operational• Finance Transformation.• SaaS and software licence delivery and billing• Quote to Cash operations management.• Sales contract negotiation.• Set up international entities.Systems• Integration of acquired business.• Sarbanes Oxley internal control process design & implementation.• Billing/order design and implement.• NetSuite.• SunSystems.• Tableau.• Great Plains._________________________________________________________________________________________________________________________Expertise: Head of Finance | Interim Finance Director | Finance Director | CFO | Chief Financial Officer | Commercial Finance | Strategic Planning | Financial Planning & Analysis | Operational Planning | Finance Transformation | Risk Management | Financial Control | Organisational Change | Continuous Improvement | Empowerment | Developing Teams | Team Culture | Team Engagement | Communication | Managing Remote Teams | Engaging Remote Teams | Empathy | Cultural Sensitivity | Collaboration | Stakeholder Management | Stakeholder Engagement I Transformation | Multi-national | Project manager | Revenue recognition |
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Chief Financial OfficerPainchek Mar 2021 - PresentSydney, Nsw, AuPainChek is transforming pain assessment to enable best-practice pain management for all people, everywhere.PainChek uses Artificial Intelligence (AI), facial recognition and smartphone technology to intelligently automate the pain assessment process at the point of care.—PainChek provides carers with the ability to identify the presence of pain, quantify the severity of pain, and monitor the effectiveness of pain management.Find out more at https://www.painchek.com/ -
Part Time Chief Financial Officer ServicesItp Consulting Jan 2021 - PresentHelping owners transform and grow their business, cash and profits.• Business planning and strategy• Cash flow management and forecasting• Process improvement and business efficiencies• Financial reporting, investor and lender relations
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Finance Director - UsaMicro Focus Jan 2020 - Sep 2020Newbury, Berkshire, GbMicro Focus is a listed global digital transformation software company including standalone, SaaS and subscription licences and professional services. Selected to lead the USA revenue recognition and partner the USA executive sales teams delivering 50% of Micro Focus global revenue. Launched the transformation of the team to move finance operations work to India and improve partnering with the Sales executives. Team recognised by CFO for partnering and teaming achievement awards during 2020 lockdown. -
Finance Director - Ifrs 15 TransformationMicro Focus Jan 2017 - Jan 2020Newbury, Berkshire, GbLaunched and managed a global project team across finance, sales and IT with full budget responsibility and delivered the finance transformation of the Micro Focus group to revenue compliance and sales commissions accounting under IFRS 15 (ASC 606). Project was managed during a period of high growth; Micro Focus completed the acquisition of HPE Software business during the project to grow over 3 times its size. Created team to design and build revenue recognition and commissions accounting process, by insourcing skills and systems to retain knowledge and reduce external costs. Built end to end system and processes to be Sarbanes Oxley compliant and report both statutory and management information. -
Revenue DirectorMicro Focus Sep 2009 - Dec 2016Newbury, Berkshire, GbMicro Focus went through a period of high growth during this period, growing 5 times its size following a number of key acquisitions. Directly managed and transformed the finance Quote to Cash teams to provide a trusted commercial partner to the sales organisation during this period of high growth to meet revenue forecasts. Teaming with Sales and Legal executives to deliver deal structures and sales contracts with customers for continued revenue growth, including the review of tenders, pricing and contract terms.Created a SaaS billing portal to allow customers to purchase using credit cards and creating incremental revenue from a new product. Created an online finance billing webstore to sell new products and create incremental revenue and create a new route to market.Centralised and lead the revenue and order management operations to create consistent processes with resulting efficiencies. Moved acquired businesses onto a centralised billing platform and consistently reported improved cash collections and revenue growth.Worked closely with Sales Operations to deliver analysis for sales quotas and the calculation and payment of commissions to facilitate the continuous improvement of the go to market organisation. -
Consultant Finance DirectorAtlas Management Ltd Jun 2009 - Sep 2009Selected to join a corporate finance team to submit a funded bid for the purchase of a manufacturing company. Delivered financial modelling to support equity and loan finance sourcing.
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Group Financial ControllerIsoft Jun 2008 - Jun 2009Banbury, Oxfordshire, GbiSOFT builds software applications with maintenance and support services for healthcare provider organisations worldwide. Transferred from Sydney to UK operational head office to set up a new Group Finance department following a significant acquisition and strategic move of head office operations.Restructured the group finance department delivering the synergy benefits of a centralised function providing Financial Planning & Analysis (FP&A), executive decision-making support and the statutory consolidation reporting.Created long term forecast (P&L, Balance Sheet and Cash Flow) model and Bank syndication information memorandum to deliver financial information necessary for a successful syndication of loans.Improved weekly cash flow forecasting, reduced turnaround time to manage the foreign exchange hedging and cash requirements. -
Group Financial ControllerIsoft Jan 2008 - Jun 2008Banbury, Oxfordshire, Gb -
Group Financial ControllerEservglobal Jan 2004 - Jan 2008Malakoff, Île-De-France, FrA high growth multinational software and services company, it started in 2000 as a small private equity backed company and went through IPO to list on the ASX and London Stock Exchange (AIM) whilst retaining a significant cornerstone investor.Financial Planning & Analysis (FP&A) and commercial support to executive management and sales. Implemented sales bid template for sales managers and facilitated project to implement pipeline forecasting in SalesForce. These ensured the sales team were better equipped and informed and sales margins were controlled.Integrated acquired subsidiary finance team to report under IFRS and restructured UK and France Finance departments on merger with French company to improve financial reporting with reduced costs.Implemented project profitability, services utilization reporting and chargeable rates for department managers of services – gave consistent and reliable project reports for measuring against budget and early identification of risks. Implemented TM1 OLAP style financial reporting and consolidation tool for group consolidation and reporting to replace excel based consolidation, reduce risk and increase availability of information.Implemented Microsoft Dynamics Great Plains financial accounting system across Australia, UK and NZ. -
Regional Financial Controller - ApjEservglobal May 2000 - Dec 2003Malakoff, Île-De-France, Fr
Iain Mcadam Skills
Iain Mcadam Education Details
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Cpa AustraliaAscpa -
IcaewAca -
University Of BristolBiochemistry -
Sevenoaks School
Frequently Asked Questions about Iain Mcadam
What company does Iain Mcadam work for?
Iain Mcadam works for Painchek
What is Iain Mcadam's role at the current company?
Iain Mcadam's current role is Chief Financial Officer at PainChek.
What is Iain Mcadam's email address?
Iain Mcadam's email address is ia****@****cus.com
What is Iain Mcadam's direct phone number?
Iain Mcadam's direct phone number is 44 1635 5*****
What schools did Iain Mcadam attend?
Iain Mcadam attended Cpa Australia, Icaew, University Of Bristol, Sevenoaks School.
What skills is Iain Mcadam known for?
Iain Mcadam has skills like Ifrs, Cash Management, Revenue Recognition, Mergers, Ipo, Cash Flow, Statutory Reporting, Forecasting, Financial Analysis, Financial Reporting, Financial Modeling, Finance.
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