Richard Wyatt Email and Phone Number
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I can help you with almost every issue your firm faces. I have taken firms through LLP conversions, mergers, written partnership profit sharing agreements, staff bonus schemes, improved firm's profitability and cash collection. I help firms achieve their business goals and resolve their financial management challenges, explaining complex issues in plain English and retain the human touch. In all situations, I strive to deliver optimal financial performance, governance and compliance, as I have done previously within rapidly growing firms and amid challenging economic conditions. My keen strategic eye allows me to identify opportunities for business and profit improvement, and I engage stakeholders at all levels of seniority to align them to initiatives. Throughout my career, I have led mergers, business transformations and finance process optimisations as a director and consultant, operating across a diverse array of businesses.As a result, I have crafted a reputation as a thought leader in business management, and I have been published and regularly engaged to speak on minimising costs and maximising profitability.Currently, I am a part-time, interim Finance Director through Baskerville Drummond Consulting Ltd, the law firm consulting specialists. I am looking to expand my portfolio of finance director and practice manager positions. I am excellently positioned to support ambitious businesses to realise their commercial ambitions through strong financial leadership, adding value in areas such as:✔ Corporate Finance✔ Robust Governance✔ Strategic Planning✔ Compliance & Regulation✔ Mergers & Acquisitions✔ Financial Due Diligence✔ Audit & Reporting✔ Change Management✔ Stakeholder Management✔ Partner/Supplier Relations✔ Contract Negotiations✔ Cost Optimisation
Baskerville Drummond Consulting Limited
View- Website:
- baskervilledrummond.com
- Employees:
- 9
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Finance Director And Strategy ConsultantBaskerville Drummond Consulting LimitedPeterborough, Gb -
Finance Director & Strategy ConsultantBaskerville Drummond Consulting Limited Oct 2019 - PresentAn experienced Finance Director, I provide Part-time Finance Director services and strategic advice to law firms, while working with fellow consultants in advising law firm managers on management reporting, appropriate KPIs, partner reward schemes, staff bonus schemes, efficient debt collection processes, cash flow projections, identification of merger opportunities, assistance with financial due diligence and managing the merger process. -
Part-Time Finance Director And Chief Finance OfficerThe Fd Centre Limited Jan 2020 - Jul 2021East Of England:NorthFormerly helping:Entrepreneurs, CEOs or Managing Directors running an ambitious company with fast growth potential and looking to build companies to ensure they got the very highest price for it when/if they decided to sell. Ambitious companies looking to grow quickly need to build a quality finance function led by a senior Finance Director with ‘big business’ experience, but that person does not necessarily need to be fulltime. The FD Centre business model allows growing businesses to take on a top quality finance director for a fraction of the cost of appointing one on a full-time basis. The goal is to help busy CEOs and MDs free up time to grow their businesses while the FD Centre's FD takes on the management of the finance function. -
Part Time And Interim Finance Director, Management ExpertCambridge Blue Square Management Ltd Oct 2011 - Oct 2019Cambridge, United KingdomI established the company to provide specialist advisory services to law firms and other professional services and knowledge-based businesses, with particular expertise in helping them identify their strategic direction as well as putting the right building blocks in place to achieve their business and personal goals.Other areas of support include strategy development, effective leadership, profit improvements and securing successful business partnerships. Select Achievements: • Acting as Trustee of an £11m AUM, 160-member pension fund since 2011. I work closely with the trustee board to ensure the scheme stays solvent and recently contributed to the appointment of a new actuary.• Appointed to transform the business model of a household national claims management business, creating a new structure and brand to enable claims handling in response to industry and regulatory changes. • Developed a bulk debt portfolio management model to unlock improved cost assessment for portfolio acquisitions, facilitating greater visibility and forecasting of value. • Regularly engaged as a lecturer on law firm finance at the Law Society of England & Wales from 2011 to 2014. I received superb feedback from attendees and was often approached to visit law firms as a speaker.
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Finance DirectorGreenwoods Grm Llp 2015 - 2019Peterborough, Cambridge & London,In 2015, I was appointed to lead the financial strategy for this multi-site commercial law firm, overseeing a team of 11 with responsibility for budget, cashflow, financial performance and reporting and compliance with Solicitors Accounts Rules.Select Achievements: • Conducted comprehensive financial due diligence to facilitate a successful merger with GRM law.• Increased billable hours targets from 960 per annum to 1260 per annum, aligning activity more closely to the firm’s capabilities and driving up income. This subsequently doubled partnership profit within three years.• Identified and resolved significant accounting errors and redrafted an erroneous Partnership Tax Return, removing capital receipt for building sale from the firm’s trading income. • Led negotiations with service suppliers to optimise contracts, creating more value and stability. Additionally, I completed the lease renewals for the London and Cambridge offices. -
Finance DirectorPiper Smith Watton Llp 2012 - 2015London, United KingdomDuring this time, I introduced and oversaw firm’s budget, cashflow projections and statutory accounts, ensuring total compliance with SAR, VAT, PAYE and internal regulation while regularly liaising with bankers and auditors. Select Achievements: • Identified a merger opportunity with Blake Morgan and spearheaded the transaction lifecycle, including due diligence and negotiations, facilitating execution and successful merging shortly after departure. • Negotiated with bank to boost returns from client money by 400%. Eliminated risk of penalties from VAT and PAYE inspections and significantly reduced debt, recovering almost 50% of owed amount.• Introduced more robust expenditure controls across the firm to slash variable overhead costs by 10% and rolled out a performance-based profit-sharing strategy at partner-level to promote improved output. -
Director Of FinanceTollers Llp 2004 - 2011Northamptonshire & Milton KeynesAs Finance Director for this £10m turnover regional law firm, I achieved a 400% increase in Treasury returns and tendered new accountants and auditors to reduce cost by 40%. Additionally, I converted the firm from General Partnership to LLP and embedded stronger reporting tools to identify largest profit areas, enabling strategic resource alignment for continued profitability despite the financial crisis. -
Senior ManagerGrant Thornton 1992 - 2004During my time with Grant Thornton UK, I forged strong client partnerships to generate up to £450,000 in fees per annum, in addition to leading the Company Secretarial Bureau for five years. I was also seconded to UK Government for three years to assist with SME Finance Policy. -
Assistant DirectorDepartment Of Trade And Industry 2001 - 2003In this role, I structured and strengthened DTI initiatives, including: o Small Firms Loan Guaranteeo SMART Schemeo Business Angels Networkso Regional Venture Capital Fundso UK High Tech Fundo Community Investment Finance Institutionso Early Growth Fundso Investment Readiness -
Audit ManagerBaker Tilly 1987 - 1992At Baker Tilley, I ran a 30-client portfolio comprising solicitors and other professional services. I conducted RICS investigations for disciplinary hearings, financial viability reviews for banks and financial due diligence for mergers. -
Senior Audit SpecialistSharp, Parsons, Tallon & Co 1982 - 1987In this period, I collaborated with patent and trademark agents, solicitors and agricultural processing businesses to manage organisation renewals.
Richard Wyatt Skills
Richard Wyatt Education Details
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Agricultural Economics -
Economics
Frequently Asked Questions about Richard Wyatt
What company does Richard Wyatt work for?
Richard Wyatt works for Baskerville Drummond Consulting Limited
What is Richard Wyatt's role at the current company?
Richard Wyatt's current role is Finance Director and Strategy Consultant.
What is Richard Wyatt's email address?
Richard Wyatt's email address is ri****@****rld.com
What schools did Richard Wyatt attend?
Richard Wyatt attended The University Of Reading, The Institute Of Education, U. Of London.
What are some of Richard Wyatt's interests?
Richard Wyatt has interest in Rugby, Spanish Life, Coaching Cricket, Tennis, Golf.
What skills is Richard Wyatt known for?
Richard Wyatt has skills like Business Strategy, Management, Mergers And Acquisitions, Strategic Planning, Business Planning, Business Process Improvement, Strategy, Business Development, Coaching, Project Planning, Budgets, Outsourcing.
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Richard Wyatt
Bournemouth -
Richard Wyatt
London Area, United Kingdom
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