Michael Divens Email & Phone Number

Melbourne, Vic, Au

Australia

Caraniche Pty Ltd is a Psychology Services business that has delivered Mental Health counselling and other services to the justice sector and general community for 25 years. It supplies these services in all Victorian prisons and youth justice settings as well as in the community. Caraniche also runs its business in commercial Employee Assistance Programs. It has also recently launched a new behavioural health business with the brand name Helm / takethehelm.com.au. Caraniche has as its tag… Show more Caraniche Pty Ltd is a Psychology Services business that has delivered Mental Health counselling and other services to the justice sector and general community for 25 years. It supplies these services in all Victorian prisons and youth justice settings as well as in the community. Caraniche also runs its business in commercial Employee Assistance Programs. It has also recently launched a new behavioural health business with the brand name Helm / takethehelm.com.au. Caraniche has as its tag line “Connections that better lives” and lives by this statement in everything it does. Yearly revenue is $25M and employee's numbers are 200. As CFO I am responsible for the strategic and operational financial and commercial health of the business together with IT and Administration. i report to the CEO. Show less

South Yarra

River Capital is a respected investment and funds management firm. The firm also has a High Net Worth Family Office and 2 charitable foundations.Key Achievements• Selected and implemented a funds management system, delivered as SaaS by a leading US company. Significant cost savings were achieved as well as operational efficiencies and improvements in investor communications though an online portal.• Transformed the efficiency of the fund finance and operations processes - accurate… Show more River Capital is a respected investment and funds management firm. The firm also has a High Net Worth Family Office and 2 charitable foundations.Key Achievements• Selected and implemented a funds management system, delivered as SaaS by a leading US company. Significant cost savings were achieved as well as operational efficiencies and improvements in investor communications though an online portal.• Transformed the efficiency of the fund finance and operations processes - accurate and timely• Prepared budgets and timely financial reporting to the Board• Improved the reporting and procedures in place in the Family Office, including significant improvements in banking systems with Westpac • Transitioned IT systems from in-house servers to MS O365 cloud solution including internet and phone services• Introduced improved Risk Management and AFSL compliance procedures• Deloitte clean audits on the River Capital and the Fund statutory accounts each year• I led a team of 8 staff, all the finance and operational admin staff of the firm Show less

Melboune

Privately owned Business Group with 3 businesses (legal services, trustee administration services, share trading and education services).Key Achievements• Established finance reporting to the Group Board, attended Board meetings and presented reports• Project managed the sale of the equity trading business in November 2014 for a good price, 20 staff transferred to new owners• Instrumental in driving 400% EBITDA growth in the trustee admin business over 2 years, which led to its… Show more Privately owned Business Group with 3 businesses (legal services, trustee administration services, share trading and education services).Key Achievements• Established finance reporting to the Group Board, attended Board meetings and presented reports• Project managed the sale of the equity trading business in November 2014 for a good price, 20 staff transferred to new owners• Instrumental in driving 400% EBITDA growth in the trustee admin business over 2 years, which led to its sale to Australian Unity in June 2015 for an EBITDA multiple of over 10 times. Project managed this sale process.• Delivered significant cost savings in overheads and staff structure across the group• Negotiated improved and cheaper Investment Managers Insurance through competitive tender• IT Cloud migration, saving costs and improving operational efficiency• Established group banking financing facilities and controls• Managed the year-end audit process of 2 unlisted public companies with clean audit reports issued by KPMG on the statutory accounts Show less

Melbourne

Professional services firm – Accounting, Tax, Wealth Management, Superannuation and Legal services.• Member of the firm’s Executive Leadership Team• Led the valuation and contract negotiations for potential acquisitions e.g. $10M revenue fin planning firm; $8M revenue accounting firm• Negotiated new banking facilities with enhanced borrowing to fund acquisitions• Implemented a risk management framework• Introduced firm wide business planning and reported progress on… Show more Professional services firm – Accounting, Tax, Wealth Management, Superannuation and Legal services.• Member of the firm’s Executive Leadership Team• Led the valuation and contract negotiations for potential acquisitions e.g. $10M revenue fin planning firm; $8M revenue accounting firm• Negotiated new banking facilities with enhanced borrowing to fund acquisitions• Implemented a risk management framework• Introduced firm wide business planning and reported progress on plans to the Board• Implemented an IT services refresh Show less

• Presented Council’s revenue and capital budgets to councillors and at public meetings• Briefed Councillors on a number of strategic funding areas e.g. Childcare centre funding• Managed cash flow to deliver a significant reduction in long term borrowing• Clean audit reports on statutory accounts• Managed a team of 17 staff, across finance, payroll, rates and revenue teams

• Introduced best practice procedures to improve financial management• Redesigned the budget setting process to meet all Board and Statutory requirements including reporting to the Department of Human Services• Implemented a new Payroll and integrated HR Information System• Clean audit reports on statutory accounts

Melbourne

William Buck Melbourne, 20 Partners and 200 staff. William Buck Melbourne merged with Grant Thornton in 2008. • Member of the firm’s management team and Board Secretary• Introduced dashboard reporting to manage WIP, billings and collections• Implemented a firm-wide document management system and replaced the IT servers• Managed a multi-million dollar office fit-out on budget• Led a team of 15 staff across Finance, IT, People & Culture, Facilities

Victoria, Australia

• Prepared and reported divisional financial and productivity budgets and business plans• Led a billing and collection project that reduced WIP/debtors by 30% over 12 months• Analysed partner performance for the performance review process• Project team member for the firm wide ERP development

After qualifying as a Chartered Accountant with EY, I joined the National Health Service and Ambulance Service in Scotland

Scotland, United Kingdom

Included international secondment to Australia

Education record

Bachelor Of Arts - Ba, Accounting