Michael Rice Email & Phone Number

Seskinore, Northern Ireland, United Kingdom

Bristol, Gb

I deliver increased profitability and enterprise value for my clients through the development and funding of Turnaround or Strategic Growth Projects/Plans which I take front line responsibility for implementing and delivering.I directly led the strategic financial planning and implementation of cost-effective measures to enhance overall company profitability. I conducted comprehensive financial analyses, evaluating investment opportunities and providing data-driven recommendations for sound decision-making. My role involved planning and executing strategic initiatives, securing significant capital for expansion, and ensuring the financial stability of the organization.Key Assignments:CONFIDENTIAL• Expert Witness in Significant Intellectual Property Infringement Case in the United States.Crescent Capital, Executive Chairman; Flowlens Ltd• Spearheaded a business turnaround, securing interim funding and £1M+ additional funding.• Executed a new impactful business plan, earning confidence from Crescent Capital.Genesis Aerotech Ltd., Managing Director• Negotiated and acquired intellectual property rights for a revolutionary helicopter design.• Formulated a robust growth plan, securing £250K for stage development.Macha Capital Partners, Turnaround; Episcan Ltd.• Implemented a turnaround plan for Episcan Ltd, initiating the liquidation process.Crescent Capital, Due-Diligence; Radar Tech Company, Israel• Designed and implemented a robust business plan for successful negotiations.• Conducted due diligence for a cutting-edge Radar Tech Company in Israel.CDE Group, ERP/CRM System Consultant• Directed a successful transition from 8 to 34 sales executives.• Revolutionized pipeline reporting, ensuring clear visibility and responsibility.• Built an Expert System CRM with a strategic geographic/market sector plan.

Lisburn, Northern Ireland, Gb

At Causeway Aero Group Ltd., from designing the initial business Vision and Strategy, then delivering that, I have delivered expert-level guidance and leadership on overall operations of company.Develop strategy and lead the formation of an Aerospace Integrator (Design & Build solution) to support Northern Ireland Aerospace Industry at the initial request of Invest NI. Negotiated Company formation and initial funding from the 4 main participant Companies. • Acquired specialist Aerospace Engineering business to provide the core capabilities.• Opened new factory to start up manufacturing assembly operation. Won £X.XM serial production order with Bombardier Transport. • Secured Exclusive Manufacturing Contract with Pitch Aircraft Seating systems with initial £X.XM order. • Set up new 20,000sqft factory and implemented new (full traceability) ERP to support AS9100 and EASA Part 21(G) Certifications.• Started manufacture of seats and quickly secured AS9100 and EASA Part 21(G) accreditation. • Acquired RACE Completions Ltd (Bristol) and established composite aircraft interiors manufacturing plant.• Secured £X.XM equity funding at £XM pre-money valuation. • Acquired Pitch Aircraft Seating Systems and earned £X.XM funding package. Achieved £X.XM turnover from scratch. • Accomplished rate of 110% growth in 13 months with total new orders of £X.XM pre Covid. Delivered ETSOA for Pitch Seats on Airbus A320/Antonov Aircraft, two new Seating Contracts worth £X.XM, and IoT Aircraft Seating Transformation project.• Won Rolls-Royce first party design and build contract. Won 2nd RR project within one month and 3rd Rolls-Royce project for design, development, and production of Cryogenic Fuel tanks for their Hydrogen-Fuel RACHEL Project.• Successfully managed and grew the company through Brexit (Certification Issues), Covid (major depression of the Aerospace Industry) and Ukraine War (Antonov, our biggest customer at the time, is a Ukrainian Company).

Driving growth in our business by delivering growth in turnover, profitability and customer service for our customers.

Congleton, Cheshire, Gb

I led and mentored a finance team of 15 and an operations team of 115 across multiple subsidiaries, overseeing financial and operational aspects for our diverse business group. Successfully managed the seamless implementation of financial, sales, service, and operations systems/procedures (Sage 200/CRM/Protean) to streamline processes and enhance efficiency. I established strategic partnerships and UK distribution with leading brands, focusing on expanding our market presence. Enhanced our product offerings through the development, negotiation, and closure of legal agreements for a state-of-the-art interactive console. Additionally, I initiated and secured R&D Tax Credits and implemented a patent box strategy to maximize financial incentives and protect our intellectual property.Key achievements of this role:• Negotiated and expanded bank facilities by 70% with RBS, followed by 380% increase to £X.XM with HSBC within 12 months.• Generated £X.XM in profit while facilitating sale of new equipment and negotiating settlement on long outstanding claim.• Led the design, development, and successful delivery of new Mobile Phone Applications (iOS and Android) linked to new cloud-based database, with the provision of a dynamic web application.• Reduced Management Information (MI) reporting time from 95 to 21 days, tracking towards day 14 for optimum timeliness.• Minimised stock by 3% and enhanced first-time fulfil rate from 63% to 97% within six months.• Decreased operations overhead cost rate from 11.7% to 8.7% while optimising resource allocation.

Invented, developed, patented and founded the first ever Interactive Cycling Simulator; grew the business to leading disruptive technology in the Fitness Industry. Established manufacturing agreements with the world's largest bicycle manufacturer (Giant). Obtained exclusive worldwide license to the UCI. Developed and penetrated key account markets through launch of projects/services across Virgin Active, David Lloyd and SLM estates. Developed GCSE Accredited school course, opening opportunities in schools market. Broadened market reach and increased global presence/revenue growth by expanding international distribution to US, Australia, Spain, Germany, Holland, and Scandinavia. Created, directed, and mentored direct sales (5x) and support (4x) teams for UK/Ireland Markets with successful integration of CRM system. Steered direct US market penetration and established strong distribution network across the United States. Built and strengthened strategic partnerships with major players in the industry to enhance market influence.Contributions of this role: • Secured extensive library of patents.• Built brand product pipeline, including core products, accessories, and brand merchandise.• Attained £X.XM investment from OFEX level public market at £XM pre-money valuation, driving financial growth.• Elevated brand recognition, increasing merchandise sales to 8.7% of revenues.• Developed and launched school course, earning GCSE Accreditation and opening opportunities in schools market.• Achieved growth trajectory from £0 to £X.Xm turnover, maintaining 63% CAGR prior to the financial crisis.• Received numerous fitness product of the year awards (Stuff, T3, Gadget Show, FT) and earned elite athlete endorsements across F1, Moto GP, Premier Football, and Rugby.• Attained $XXM in funding to acquire biggest direct competitor based in the US, during Chapter 11.• Managed successful transformation to private status while securing over £Xm of incremental funding.

Emergency Company Recovery. Investor Relations. Piecemeal Disposal of Intellectual Property. Stabilisation then growth in Base Business.Customer Relationships. Development of new Revenue Streams. Strategy and Funding for MBO. ERP system implementation. eCommerce System implementation. Outsourcing. HR.

Dublin 2, Ie

Master'S Degree, Accounting

Bachelor Of Science (Bsc), Accounting

Education record