Michael Lynch

Michael Lynch Email and Phone Number

Group Transformation Director @ Crest Nicholson plc
Sunderland, GB
Michael Lynch's Location
Sunderland, England, United Kingdom, United Kingdom
Michael Lynch's Contact Details

Michael Lynch work email

Michael Lynch personal email

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About Michael Lynch

Group FD and executive board member with extensive international experience within a range of sectors including Construction (Housebuilder Persimmon PLC) and Manufacturing, predominantly in the Japanese automotive (NSK Europe Ltd) and Printing (De La Rue PLC) industries and within PLC blue chip, Private equity backed and Privately owned companies, managing revenues from £35m to £1.6BnAn inspirational leader known for motivating and establishing best in class, culturally diverse European regional finance departments and onshore/offshore Group head office functions comprising Finance, IT, Business systems, compliance and all aspects of operations including managing regional Boards of Directors. Focussed on profit and Balance sheet improvement through business process re-engineering, supply chain management, increased production line efficiencies, multi £million cost reduction exercises, restructuring, effective purchasing strategy deployment, continuous improvement, acquisition, standardisation and implementation of world class manufacturing techniques.A true strategic partner at board level with a track record for managing companies through periods of rapid growth, both organic and acquisition. Known for returning failing businesses back to profitability, enhancing customer satisfaction scores and delivering on forecasted objectives.I have led, acquired and developed teams of all sizes from large head office Group functions covering Finance, IT, HR, compliance & procurement with in excess of 100 staff to smaller regional teams of 5 and I am proud of my record in creating a nurturing, collaborative culture, encouraging and enabling all those in my team to fulfil their potential. I hold the ACMA qualification and a BSc(Hons) in Mathematics from the University of Newcastle-upon-Tyne. I am passionate about driving change and innovation, and empowering my team to achieve excellence.

Michael Lynch's Current Company Details
Crest Nicholson plc

Crest Nicholson Plc

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Group Transformation Director
Sunderland, GB
Michael Lynch Work Experience Details
  • Crest Nicholson Plc
    Group Transformation Director
    Crest Nicholson Plc
    Sunderland, Gb
  • Avant Homes
    Director Of Finance
    Avant Homes Nov 2022 - Nov 2024
    Chesterfield, Derbyshire, Gb
    Regional board member and responsible for financial strategy, 5 year plans, budget, cash management,forecasting, P&L and Balance sheet results and presentation to the executive board.Business partner in analysing potential land deals and ensuring Land appraisals are robust and alignwith strategic commercial objectives that pass executive board KPI tests.Steering committee member on all pre site start engineering and layout matters.Analysis of sales margins, site costs and overheads in order to understand where savings can be madeand ensure results are in line with budgets and forecasts. Explain variances in detail.Liaise with Banks, auditors, insurers and all external stakeholders to ensure compliance withcovenants, ESG responsibilities and accounting standards.Continually improve all financial processes and develop and mentor cross functional teams.
  • Dandara Ltd
    Cfo/Group Finance Director
    Dandara Ltd Mar 2021 - Nov 2022
    Braddan, Im
    Executive board member with broad responsibility over Finance, HR, IT, Business systems, complianceand Operations (100+ staff).Mar 2021 - Oct 2022Accomplishments:Oversaw a period of rapid growth in the group where turnover doubled in size from £250m to£500m in 12 months and was forecast to double again in a further 18 months.Achieved this by opening 2 new regions, Essex and Wales personally recruiting the MD’s andoperational teams and undertook a Land purchasing review to generate new outlets.Maximised the Build to Rent future build pipeline to a Revenue of £1.3 BillionAgreed a £100m revolving Bank credit facility and managed capital rationing to ensure the bestoutlets were funded.Recognised that the potential of the core ERP system needed to be maximised in order to supportgrowth through provision of accurate MI. Employed a leading expert as Business systems managerto head up the department.Restructured the BTR business by moving away from Isle of Man to being UK Based. Decentralisedthe Purchase ledger, Cashbook and Subcontract ledger to the UK from Isle of Man saving £400kper annum.Captured £6m worth of savings over 3 years through on site cost reduction initiatives and HQrestructuring.Stepped in to lead regional Board of directors when MD’s left the business.Identified compliance risk. appointed a Head of Compliance to ensure a Risk & compliance framework was set up with robust controls which aligned with JFSC and Isle of Man FSA regulations.
  • Persimmon Homes
    Divisional Finance Director
    Persimmon Homes Mar 2013 - Mar 2021
    York, Yorkshire, Gb
    Divisional finance director South of England 2018 – 2021 : 11 Regions including Groundworksbusiness. Turnover £1.6 BillionDivisional finance director South of England 2013 – 2018 :13 regions including Timer frame factory.Turnover £1.4 Billion.Deputy and Business partner to the Group MD / Regional chairman, heavily involved in producingstrategy, long term, short term forecasting, cash control, attending/chairing operational meetings andtasking MD’s with delivering on their budgets and helping them with plans to improve performance anddeliver outlets on time.Divisional profitability increases every year from 2014 – 2020 adding £50m to operating profit overthat period.Accomplishments:Improved Gross Margin of 2 underperforming regions by 8% in 2 years adding £3m to operatingprofit over that period.Opened multiple regional offices to facilitate strategic growth plans and recruited senior staff.Restructured Finance departments and introduced electronic invoicing saving £700k per annum.Part of a steering committee that built an in-house brick factory saving £15m per annum.Advisor to the general Manager of the in-house timber frame factory.
  • Nsk Europe
    Finance Director - Europe (Automotive Division)
    Nsk Europe 2008 - 2013
    Maidenhead, England, Gb
    NSK Europe Ltd, Japanese automotive manufacturer of Steerng columns andHub bearings ranked no 2 in the world in terms of Revenue. Customers includeVW, BMW, Toyota, Peugeot, Daimler. Divisional turnover €270mEuropean Finance directorReporting to Divisional MD and Group CFO. Responsible for all divisional finance matters across Europecovering 6 regional offices and a team of 40. Offices based in UK, Spain, Italy, France, Germany, Polandincluding 2 factories employing apprx 400 people each.Accomplishments:Prepared and presented monthly financial reports to the European Board including variance analysis.Implemented J-sox.Established stronger debt controls resulting in improved working capital of €1 million.Created a best in class management reporting pack from our core ERP system incorporating world classKPI’s to measure against. Data integrity improved by 60%and resulted in loss making products beingreplaced by profitable ones. Benefit to the company estimated at €4 million.Continuous improvement through Kaizen, lean manufacturing and cost reduction methods resulted in12% cost saving or €30 million over a 3 year period.Instrumental in achieving a €3.5 million grant for new Daimler and Nissan lines.Travelled extensively throughout Europe providing a focal point for teams and to ensure best practicewas driven through guidance and mentorship.
  • Faltec Europe Ltd
    Finance Manager
    Faltec Europe Ltd Nov 1998 - Mar 2008
    Sunderland, Tyne And Wear, Gb
  • De La Rue
    Management Accountant
    De La Rue Nov 1990 - Nov 1997
    Basingstoke, Hampshire, Gb

Michael Lynch Skills

Finance Accounting Financial Analysis Forecasting Financial Modeling Management Accounting Budgets Cash Management Ifrs Continuous Improvement Lean Manufacturing Managerial Finance Manufacturing Project Management Team Management Microsoft Excel Microsoft Office Change Management

Michael Lynch Education Details

  • Chartered Institute Of Management Accountants (Cima)
    Chartered Institute Of Management Accountants (Cima)
    Finance
  • Newcastle University
    Newcastle University
    Mathematics

Frequently Asked Questions about Michael Lynch

What company does Michael Lynch work for?

Michael Lynch works for Crest Nicholson Plc

What is Michael Lynch's role at the current company?

Michael Lynch's current role is Group Transformation Director.

What is Michael Lynch's email address?

Michael Lynch's email address is ml****@****ara.com

What schools did Michael Lynch attend?

Michael Lynch attended Chartered Institute Of Management Accountants (Cima), Newcastle University.

What skills is Michael Lynch known for?

Michael Lynch has skills like Finance, Accounting, Financial Analysis, Forecasting, Financial Modeling, Management Accounting, Budgets, Cash Management, Ifrs, Continuous Improvement, Lean Manufacturing, Managerial Finance.

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