Michael Tentis Email & Phone Number

London, Gb

London, England, United Kingdom

• To support the Head of Finance in all aspects of Treasury and FP&A. This includes all aspects of treasury management: liquidity, interest rate and FX risk management, pricing and investment product offering.• Financial Planning & Analysis including budgeting P/L, Balance Sheet and Cash Flow for the group.• Manage direct report and provide guidance, mentoring and support.• Responsible for Monthly Cost Centre Reporting and reviews with all department heads.• Actual / Variance analysis, scenario testing, stress testing and goal seeking analytics.• Cash forecasting and liquidity management, reporting liquidity position vs buffers.• Preparation of Board and Asset and Liability (ALCO) packs and attendance.• Decision support and analysis including pricing, and investment appraisal.• Supporting the preparation of monthly management accounts.• Monitoring of bond and securitisation programme covenants and supporting with the annual prospectus renewal.• Transaction processing including all payment types.• Expenditure analysis and control to include Supplier breakdowns.• FX Risk management and Hedging.• Attendance to Pre-Investment Committee (PIC) and Business Acceptance Committee (BAC) providing liquidity insight and approval of new deals.• Review and support lending managers with investment appraisals and pricing to ensure adequate milestones and covenants are in place.• Support with the statutory accounts for the Group and working closely with the Financial Controller and the auditors.• Capitalisation review.• Support with the Internal Capital Adequacy Assessment Process (ICAAP).• Preparation of investor forecasts and supporting with merger and acquisition modelling. • Support monthly calculation of management charges/ VAT

Farringdon

• Directly reporting to the CFO, the position is responsible for all operational and financial matters.• Management of the Group’s cash resources involving both weekly and daily cash forecasts.• Management of Accounts Payable, Treasury and Credit Control functions including managing 9 direct reports.• Developing accounting systems, improving financial processes, and leveraging efficiencies from technology.• Responsible for negotiating fees with the company Bank and Merchant Acquire.• Weekly hedging analysis and purchase of forward contracts based on expected cost of sales.• Monthly meeting with all Head of Departments to review and examine costs and revenues.• Responsible for all recruitment, objective setting, mentoring for direct reports.• Monthly meetings with the CEO, providing insight and reviewing the businesses long term strategic goals.• Implementing and monitoring robust controls and ensuring that legal, financial, operational and investor regulatory requirements are met.• Commercial analysis including modelling impact of change control, contract re-pricing and volumetric changes.• Responsible for authorising weekly payments to multi-currency suppliers in excess of £1m.• Review and approve monthly salaries for the Group and preparing the payroll journal. Ensuring monthly payment are made to HMRC and the Groups pension provider.• Ensuring intercompany cash movements are correctly provided for each month and quarterly bank covenants are met.• Working with the CFO to implement Virtual Credit Cards for the Group. Successfully negotiating a higher rebate with the credit card provider.• Working closely with the Customer Service team to set targets, monitor performance and interact with both internal and external stakeholders to ensure outstanding debts are at a minimum.

London, United Kingdom

• Part of the AMS Senior Management team. I financially manage 2 divisions and a service line with turnover of £ 215m, including 1 direct report, providing insight and analysis to all levels of the business on issues highlighted by reporting, budgeting and forecasting processes.• Ownership of the regional reporting including the APAC and Americas regions. Monthly meetings with the regional heads.• Designed and implemented the Monthly Operational Report used across all sectors which was directly linked to TM1 systems. This streamlined reporting and quickly demonstrated key variances to the prior month forecast and budget.• Commercial analysis including modelling impact of change control, contract re-pricing and volumetric changes.• Managing a direct report located in Poland. This includes setting and managing clear objectives and providing feedback – travelling to Poland where necessary. • Created a new dashboard for the quarterly executive board on revenue concentration by client, geography and service line. In addition it had key metric data on our win/loss rate and average contract tenure.• Project manager for the new client analysis code within Sun Systems which has vastly improved the accuracy of reporting and speed of month task completion for the divisions involved. • Directly supporting 13 senior managers within the business in EMEA, USA & APAC acting as a Finance Business Partner.• Reviewing all client contracts and ensuring any tenure discounting and SLA provisions have been correctly provided for.• Monthly Operational Review to the sector head and senior managers discussing the monthly performance versus budget and explaining key variances.• Responsible for monitoring divisional performance, analysing trends and reporting these to senior stakeholders• Prepare monthly and ad hoc reports which present performance information against key performance indicators (KPIs) and other relevant internal and external market information (e.g. benchmarks).

London, United Kingdom

• Produce management accounts packs with variance analysis to both monthly rolling forecast and budgets for all sector clients and divisional clients. Covering UK, Europe Americas and Asia.• Produced commentary for business sector performance across the group, to be presented to internal Financial Controller detailing monthly performance against budget and forecast.• Liaising with account directors to deliver monthly rolling forecasts which were analysed and compared to budgets. These were presented to the Financial Controller for review and sign off before being presented to the Board.• Provide input and support to client senior management in the analysis of competitor performance.• Conducted a 5 year review of Credit Suisse to determine trends, seasonality and source mix fluctuations which reduced profit margin from 42% to 35%. The resulting suggestions enabled AMS to achieve a 40% margin within 12 months.• Meeting account directors to collate all the headcount, hiring and expense information and entering this into Cognos.• Reviewing the total hiring volumes versus headcount to ensure productivity is at the necessary level and the accounts are not over resourced.• Responsible for sector balance sheet accounts, including review of reconciliations and ensuring adequate assurance activities have occurred, commercial and transactional completeness of commentary, and summarisation of key items.• Undertake checks and follow up with client teams to ensure adherence to commercial governance processes.• Support the Head of MI & Reporting by coordinating meetings, undertaking analysis and highlighting issues for escalation.• Supporting Client Relationship Directors and Heads of Client Services on new sales proposals by developing financial plans and models and providing relevant financial input.

London, United Kingdom

• Preparing periodic financial statements, including P&L’s, budgetary support, variance analysis and commentaries.• Preparation of geographic management accounts for review, including commentary and ad hoc analysis as required.• Ensuring spending is kept in line with the budget.• Group cost analysis for several cost lines. Scheduling monthly meetings with budget approval managers and members of the financial planning and analysis team to review costs. • Providing a support service by working with departments and the management team to help make financial decisions.• Monthly salary & bonus journal preparation for multiple locations, including those for employees based in Spain, Portugal, Singapore and South Africa.• Comparing actual with budgeted and forecasted costs and looking for causes of possible variances.• Various accruals, prepayments, fixed assets preparation and cashbook journals for the subsidiaries managed.• Daily and Monthly reconciliation of cashbook to sun entries.• Interpreting and communicating financial data to non-financial managers.• Calculating and reviewing the largest charts cost to the Group from an external chart provider.• Provide assistance with preparing annual Tax Packs & setting up compliance checks for the financial statements.• Performing a daily audit of all client card transactions that had been made the previous day and ensuring they have been posted correctly to the in-house management system and updated in the cashbooks.• Monthly advertising accruals and management for multiple locations.• Distribution of the monthly management accounts to the executive and non-executive directors of IG.• Year-end duties would include - preparation of subsidiary financial statements; assisting with the external audit process, liaising with external auditors; preparation of schedules as required by external auditors.

London, United Kingdom

Reviewing and posting team member purchase ledger correction journals.Supervising the team and providing training where appropriate.Monthly creditor's balances review - stating reasons why creditors had debit balances and informing the team to follow up/make corrections.Increased month end responsibilities - P&L and Balance Sheet reviews.Assisting heavily with the introduction and implementation of Proactis. Providing training and assistance.Raising monthly purchase orders for marketing and processing of market data invoices.Providing procedure notes for a variety of tasks and ensuring that the team do the same.Compiling and sending the weekly foreign currency payment run via TT using several online banks.Regularly attending meetings with suppliers, particularly with regards to marketing and PO/invoice processing.Reviewing supplier statements and accruing costs not yet received.Generally overseeing and providing assistance to the purchase ledger team.Covering the purchase ledger manager when absent.

London, United Kingdom

Coding and posting invoices onto the ledger & dealing with supplier queries via telephone and email.Reconciliation of supplier statements ready for payment and ensuring all suppliers accounts are settled within the company's terms. Handling of the UK company petty cash.Assisting auditors at half year and year end with purchase ledger related queries.Assisting client ledger with posting client cheques to Wintegrate.Setting up new suppliers and employees in Sun Systems & paying suppliers on a weekly basis via BACS and CHAPS.Preparing the monthly credit card expenses journal for employees and seeking supporting documentation approval.Preparation of the fixed assets and prepayments for the two largest subsidiaries of IG.

Accounting And Finance

Full ACMA awarded May 2013 with an overall average pass rate of 63%.;

Bachelor’S Degree, Ba Business And Management, 2.1

Education record

Accounting (A), Business Studies (B), Geography (B) Mathematics (C)

Education record

including Science Double award (AA), History (A), Geography (A), Graphic Design (A), Mathematics (B), Statistics (B), English Literature.