Michael Laffan Email & Phone Number

Ireland

Ireland

Hi GuysDelighted to share that I have joined Gossamer Bio as their Director of Finance and Operations here in Irelandhttps://www.gossamerbio.com/Really excited by this change and feel this company is doing some great things

Dublin, County Dublin, Ireland

Dublin, Leinster, Ireland

Providing financial leadership to D&B’s Global Technology and Business Solutions. With ownership and accountability for preparing and reporting consolidated results against forecast and budget. As a Business Partner, will be responsible for working closely with Corporate, Market and Technology leaders to measure and report upon company profitability, performance; IP creation and return on investments

Dublin, Leinster, Ireland

Management responsibility for European finance team of 16 staff members in both FP&A and controller functionsResponsible for annual budgets and rolling forecasts as well as variance analysis between budget and actual on monthly accounts with detailed commentaries conducted compliantly and within a timely manner (annual budget ~$90M)Leadership, guidance and development of the finance team, ensuring delivery of timely and accurate forecasts, projections and business performance analytics.… Show more Management responsibility for European finance team of 16 staff members in both FP&A and controller functionsResponsible for annual budgets and rolling forecasts as well as variance analysis between budget and actual on monthly accounts with detailed commentaries conducted compliantly and within a timely manner (annual budget ~$90M)Leadership, guidance and development of the finance team, ensuring delivery of timely and accurate forecasts, projections and business performance analytics. Driving for continuous improvement and increased efficacies Working in a heavily matrixed organization with reporting lines to Corporate Finance Opex Leader (US Based), Corporate Technology Finance leader (US Based) and the local site Leader. Business partner to Local head of technology, Head of HR and Local site leader for DublinDriving annual results of the Dublin site from loss making in 2014 to a profit of ~$100M by the end of 2019 through identification of revenue growth opportunities and careful management of expensesA key member of the Irish leadership team with board responsibility, tasked with devising and delivering upon the vision and strategic goals for the Dublin operation and Global functions based in Ireland• Deeply involved in the preparation and claiming of both R&D tax credits as well as IDA grant claims (> €8 Million).Lead a successful submission allowing the company to claim the Knowledge Development Box, reducing company corporation tax rate to 6.25% A member of the IBEC innovation committee since 2018Liaising with auditors and tax consultants and preparation of year-end financial statements ensuring fully compliant. Transitioned and restructured the finance function in order to move with company demands Management of the Transfer pricing policy from a Dublin perspective Show less

Sandyford, Dublin, Ireland

• Establishing the Controller team in Dublin and establishing robust month end procedures and calendar• Management of GL team of 3 staff members and relationships with outsourced (internally) functions (AR/AP/Accounting COE)• Responsible for insuring GL team prepare monthly accounts within tight deadlines (4 days)• Liaising with auditors and tax consultants and preparation of year-end financial statements• Managing the company’s cash position, liaising with corporate treasury to… Show more • Establishing the Controller team in Dublin and establishing robust month end procedures and calendar• Management of GL team of 3 staff members and relationships with outsourced (internally) functions (AR/AP/Accounting COE)• Responsible for insuring GL team prepare monthly accounts within tight deadlines (4 days)• Liaising with auditors and tax consultants and preparation of year-end financial statements• Managing the company’s cash position, liaising with corporate treasury to insure funds are available for large payments• Managing the Payroll process from Dublin site perspective and manged transition of payroll from one third party vendor to another• Review work of our Accounting COE regarding balance sheet reconciliations and overall management of companies balance sheet and P&L• Management of the Transfer Pricing contracts for the site, working with Tax department to draw up Show less

I was employed as the Financial Accountant of the above company. This was a manufacturing facility in City West and work was transferred to Mexico in Feb’11. The following are some of my highlights in the roleHighlights• Responsible for all financial accounting roles including preparation of monthly and quarterly accounts within tight deadlines (2 days).• Implemented a new system to help cost centre owners to easily understand financial information and give relevant training to the… Show more I was employed as the Financial Accountant of the above company. This was a manufacturing facility in City West and work was transferred to Mexico in Feb’11. The following are some of my highlights in the roleHighlights• Responsible for all financial accounting roles including preparation of monthly and quarterly accounts within tight deadlines (2 days).• Implemented a new system to help cost centre owners to easily understand financial information and give relevant training to the appropriate staff.• Responsible for annual budgets and rolling forecasts.• Preparation of Transfer prices for site and input into oracle system• Review of weekly and monthly sales margins and product mix for use by corporate head office. Show less

•Responsible for all financial accounting roles including preparation of monthly and quarterly accounts within tight deadlines.•Variance analysis between budget and actual on monthly and quarterly accounts with detailed commentaries. •Liaising with cost centre managers on a regular basis to ensure they are meeting their budget requirements and help them with day to day business decisions. •Management of Roche Irelands trial balance and preparation of monthly… Show more •Responsible for all financial accounting roles including preparation of monthly and quarterly accounts within tight deadlines.•Variance analysis between budget and actual on monthly and quarterly accounts with detailed commentaries. •Liaising with cost centre managers on a regular basis to ensure they are meeting their budget requirements and help them with day to day business decisions. •Management of Roche Irelands trial balance and preparation of monthly reconciliations•Preparation of bank reconciliation, confirmation of intercompany balances with affiliates, VAT returns and CSO returns.•Completion and review of internal control financial regulations (Similar to SOX)•Prepared the 2010 budget along with three forecasting events in 2009•Management of company cash position along with implementing new system that allowed us to transfer instead of using Corporate Treasury•Preparation of monthly deferred tax calculations and leasing with external tax consultants (PwC) on matters around VAT•Review of existing costs and identifying areas for cost reduction or savings (Savings in Staff canteen and Protective clothing) Show less

•Inter-company lending- Sole responsibility for the Euro and GBP inter-company corporate funding for GE Europe. Also agreeing my companies inter-company balance with corporate treasury on a monthly basis.•Managing affiliates cash requirements – I managed a loan book valued at over 20 Billion Euro with more than 260 individual borrowing entities. This involved working with Corporate Treasury on an almost daily basis, to ensure the various GE Europe companies had cash required for large… Show more •Inter-company lending- Sole responsibility for the Euro and GBP inter-company corporate funding for GE Europe. Also agreeing my companies inter-company balance with corporate treasury on a monthly basis.•Managing affiliates cash requirements – I managed a loan book valued at over 20 Billion Euro with more than 260 individual borrowing entities. This involved working with Corporate Treasury on an almost daily basis, to ensure the various GE Europe companies had cash required for large business transactions.•Liaised with the head of Corporate tax for Europe on a regular basis•Completion and analysis of monthly in house management accounts for three different companies•Submission of Year end financial statements and tax returns, aiding the auditors with the year end audit.•Participated in the quarterly Sarbannes Oxley audit work as both reviewer and preparer•Planned and rebuilt the financial statements and records of a GE funding entity whose running had been neglected for over ten years. Have now resolved the issues and have brought the company to a situation that can now be liquidated.•Reconciled monthly balance sheet accounts – including confirmation of inter-company accounts and preparation of year end audit file.•Responsibility for month end duties ensuring various accruals are accurately stated and re-translation of foreign currency balances and review of bank reconciliations and journals.•Ensured compliance with corporate and division policies & control procedures Show less

•Managed multiple diverse audits simultaneously within time and budget and to client’s satisfaction.•Supervision and management of audit teams including onsite training and development.•Reviewed the work of other members of the audit team, including evaluating each team member through a performance appraisal system.•Prepared and reviewed statutory financial statements including consolidations and preparation of cash flow statements.•Detailed review and documentation of internal… Show more •Managed multiple diverse audits simultaneously within time and budget and to client’s satisfaction.•Supervision and management of audit teams including onsite training and development.•Reviewed the work of other members of the audit team, including evaluating each team member through a performance appraisal system.•Prepared and reviewed statutory financial statements including consolidations and preparation of cash flow statements.•Detailed review and documentation of internal controls including Sarbanes Oxley 404 work.•Developed strong working knowledge of US and Irish GAAP.•Developed strong working relationship with clients.•Audited Government grant claims and submission of same on behalf of clients.•Audited pension funds and preparation of accounts for smaller clients. Show less

Bachelor Of Business Studies, Accounting And Finance

Education record

Bbs, Accounting & Finance

Activities and Societies: Class representative and collage rugby team