Mike Digger Email & Phone Number

London

I have assisted the busienss for several years in preparing year end statutory accounts, which has involved drafting from client TBs the accounts for a wide range of companies from single entities to group and sub-group consolidations.Key achievements: Reviewing TBs to ensure accurate and consistent and adjusting where necessaryDrafting of accounts including all requisite notes under IAS and UK GAAP, including single company, group consolidated accounts as well as LLPsProvision of full reconciliation from client TB to statutory accounts.

London, United Kingdom

Interim tasked with reviewing financial reporting procedures and protocols. Key achievements:Reduced monthly reporting cycle from 5 weeks to 4 weeks post month end.Redesigned reporting systems to more accurately reflect the performance of the business, including functional reporting which highlighted under performing areas of the businessIntroduction of weekly cash flow reporting to provide visibility and control over current and future funding requirements.Streamlined the annual forecasting cycle and developed a new forecasting model.Brought production of statutory accounts (4 limited companies and one LLP) in house with significant savings on accountants’ fees. Attendance and presentation of results, forecasts and financial reports at monthly board meetings.Liaison with bankers, preparation of quarterly reports and forecasts to support the renewal of borrowing facility.Training and mentoring of two accounts assistants.Business Partnering of management team.

London

Joined as a Partner in 2008 tasked with upgrading and professionalising the business's reporting systems.Key achievementsReduced monthly reporting period from 28 days to seven days per month.Coordination of year-end reporting and liaison with auditors in UK and SingaporeNavigated extremely tight cash flow conditions; conducted daily cash flow analysis to determine optimum management of creditors and suppliers.Provided part time FD support, financial advice and accounting services to client companies. Designing and installing a new accounting system on Sage; managing the monthly Group reporting and preparation of Annual Report and Accounts for a multi-national AIM listed business. Modelled potential transactions in Mergers and Acquisitions for client companies. Produced reports to Board on recommended course of action. Management of Cayman registered hedge fund including supervision of Administrators and Custodians, authorisation of monthly NAVs and drafting of monthly factsheets for Investors. Drove cost reduction programme by replacing administrators and custodians. Dealt with voluntary solvent liquidation in 2013. Managed relationship with the FCA, ensuring internal manuals and procedures up to date and that all work undertaken was fully compliant with FCA permissions. Compliance Officer from 2013.Control of tax affairs including preparation and filing of VAT returns, Corporation Tax computations and returnsIncreased Board visibility and monitoring of revenue profit and balance sheet position; re-designed group Board reports and process

London, United Kingdom

Led a team of 7 accountants and trainees, during a time of rapid growth in which the number of stores doubled and the business underwent a management buyout. Key achievements Managed implementation process for new accounting system and design of associated reports and controls. Design of Chart of Accounts, liaising with software suppliers, testing the new system, ensuring robust controls put in place and training staff in its operation. Drove improved budgeting and cost control throughout the business with the introduction of standardised and regular financial analysis and reporting.Created a centralised budget with one global balance sheet. Introduced P&L by store and by department / cost centre to increase budget holder visibility and accountability.Reduced monthly reporting turnaround from 10 to 5 days.