Mike Stead Email & Phone Number

Leicester, Gb

Rugby, England, United Kingdom

I am the owner of TaxAssist Rugby, providing Accountancy and Tax services and advice to independent businesses. TaxAssist has over 400 offices throughout the UK providing services to over 80,000 independent businesses

Barnsley

Mannaging a team of 70, in the delivery of IT software to the cashless education catering market, using biometric identification and cloud technology

Coleshill, Birmingham

Director of Finance for the Hosing and Asset Mgt Div 2009 - 2013, then Director of Finance 2013 - 2018

Financial Interim Management assignments

Through personal recommendation by the ex CEO at Tribal Consulting I worked for Circle Plc which is a privately funded healthcare provider with 3 ISTC contracts based in the Midlands and North and with an expansion plan of opening 26 private hospitals and 50 clinics in the next 4 years. Turnover is currently £80m p.a. employing over 1500 people.Working with the Group CFO and local senior management enabling the latest ISTC Treatment Centre to open in July 2008 and assist in improving operational efficiencies at the remaining ISTC sites.Key achievements Created, developed and integrated a new finance function into a group structure hierarchy inline with Group and local senior management requirements Creation of new chart of accounts, establishment of robust controls including Stock, cash, payables, purchase orders, debtors, expenses, fixed assets, revenue recognition & costs Implemented written policies & procedures for financial controls Developed Key Management reporting in line with the requirements of the Group and Local Senior Management Directed a multi disciplinary team to develop and implement a Balanced Scorecard for all operational ISTC treatment centres Developed 2008 Operating budgets inline with external comparatives which were agreed with Group and local Senior management Designed and recruited the personnel structure Designed, sourced and implemented inventory Management system for all existing sites with robust controls policies and proceduresProvided 3 Months Interim Finance Directorship duties at the Burton ISTC treatment Centre, improving financial and working capital improvements.

The Black and White Group is a mortgage and loans brokerage with a lending value is excess of £500m p.a. employing 100 people predominantly at its headquarters based in Staffordshire.Working in partnership with the Chairman, CEO and VC backers on all strategic and operational issues throughout the group. Specific responsibilities for Corporate finance, management reporting, treasury, tax, commercial operations. The short term strategy was to list on Aim and in doing so I my role would become permanent with an equity stake. The Long term strategy was to build a business over the next 3 years with a lending value in excess of £1.5bnKey achievements:Restructured the whole business which drove through increased efficiencies via growth in revenues, improved profitability, reducing business risk and development of exist staff.Created a new weekly management reporting process allowing senior management to see and understand the true KPIs of the business.Successfully created new avenues of funding for the business through venture capitalLead the senior management team in full preparation for listing on Aim liaising with corporate financiers, corporate lawyers and nomads, Created a new organisation within the Group concentrating on the processing of mortgages. This concentrated on using the current expertise within the business but exploiting the opportunity of another marketReviewed, negotiated and restructured a simpler and lower cost base for the entire Group.Worked closely with venture capital backers, financial and professional advisers, banks and shareholders

Tribal Plc is a £300m turnover business employing 2.500 people nationwide. Tribal provides products and services to the public sector and is organised through 6 divisions, Consulting, Education, Property, Communications, Resourcing and Mercury Health.Working in partnership with the Divisional CEO on all strategic and operational issues throughout the Division and with full P&L responsibility. Specific responsibilities for Finance, IT, Procurement and Commercial. Key achievements:Integrated 13 niche businesses through development a business strategy for the Tribal Consulting Division. This built upon and created synergies from the market and operational strengths of the 13 niche businesses. In conjunction to this created a back office function that was efficient and effective for the Division in allowing for both organic and acquisitive growthCreation of new chart of accounts, consolidated 4 accounting functions and locations into 1 Responsible for all commercial contracting negotiations including acquisitions, due diligence, PFI, LSC, EU funded projects Formulation and implementation of shared service centre strategy and programme for Finance and IT, replacing systems , process and reporting structures and informationOrigination and implementation of Tribal Consulting Division corporate governance and business risk model

Barclaycard are the largest credit card company in the UK with 8.5 million customers. They are based at Northampton. The business is organised UK and International. I reported to UK FD.Responsible for supporting the Barclaycard COO and Barclaycard UK FD. Responsible for all the UK reporting on a monthly, quarterly and annual basis. Working closely with the COO and UK FD providing decision support on strategic and operational issues throughout the UK Business Operations and back office. Key achievements:Creation of monthly reporting process Development of the annual budget 2005

Hays plc is a FTSE 100 company turning over £2.5 billion with some 27,000 employees across the globe. Hays is currently divesting its non core businesses (Logistics, Mail, BPO and Document storage) to focus on Personnel and HR management.Responsibility for finance, commercial, project management and account management across the IT function which supports the Commercial and Logistics elements of the Hays group. Reporting into a Hays main board Director.Key achievements:Outsourcing relationship partner - Developed Outsourcing model with identified IT partner to show cost benefits coupled with a strategy to develop with external customer base. Delivered divestment programme that disposed of £1.5bn of commercial assets Mandated centralised purchasing strategy and standard kit list across Hays groupDelivered account management programme across all customer baseExperience of offshore financing through India and Sri LankaDelivered SLA based IT support for all Hays businesses

A privately owned mobile phone company based in Stoke, Stafford. The leading brand is Phones 4U with group turnover £2 billion with some 6,500 employees across the UK. Corporate 4u sold mobile phones and airtime to corporate customers.Full P&L responsibility reporting to General Manager and member of the senior management teamKey achievements:Developed and implemented business strategy for Corporate 4u, incorporating; sales strategy to generate growth of 3 fold within 9 months and implementation of stronger and more efficient cost control

EDS is the worlds largest IT outsourcing company, employing over 135,000 people across the globe and with a turnover of over $21billion.Responsible for 20 staff on 4 sites covering annual turnover of £750m in 5 different countries. The accounts were Inland Revenue, Rolls Royce, Employment Services and Carlsberg -TetleyKey achievements:Established an alliance that resulted in a signed contract to the value of £1.5bn over 10 years encompassing UK, USA and Canada.Generated a contribution of 24%, which is the highest the Rolls Royce account has recorded, on no year on year sales growth.Created and maintained 10 year finance forecasting modelControlled the price book creation and negotiation with the customer so that future new business will always generate margins in excess of 25%. Integration of new acquisitions Implemented new SAP Shared Service Centre within EDS EuropePREVIOUS ROLES WITH EDSFINANCIAL CONTROLLER UK - ROLLS ROYCE

was an industrial conglomerate specialising in both military and civilian electronics and large scale power generation. The two main companies were GEC Marconi later to become Marconi and GEC Alsthom later to become Alsthom. The group turnover was £10 billion with a workforce of 100,000 worldwide.Responsibility for finance and commercial across the IT facilities management and HR systems function which supported the main businesses within the GEC group.Key achievements:Established sales strategy and 5 year plan for Outsourcing and Systems Integration business identifying key markets, with size, location, and growth both historical and potential. With potential customer base in terms of turnover, industry and technical solution. This allowed the company to concentrate its efforts on the business that could be won.Improved margins, reduced working capital, and increased bottom line profitability by £2m p.a. (50%) over a 3 year period.Negotiated PFI and EU funded projects Created commercial / contracting process for all bid workPREVIOUS ROLES WITH

EARLY CAREER HISTORYStudied Business Studies at Ealing College, London for 4 years while being sponsored by Bestobell Plc. Financially trained at Bestobell Plc before moving on to qualify with International Leisure Group. After leaving ILG became Finance Director in Australia with Laura Ashley and returned to become a consultant for 2 years on EPOS systems and process reengineering.

Ba Hons, Business Studies

Education record

Ba (Hons), Business Studies