Tom Murray

Tom Murray Email and Phone Number

Chief Financial Officer @ OEG
Colchester, England, GB
Tom Murray's Location
Greater Colchester Area, United Kingdom, United Kingdom
Tom Murray's Contact Details

Tom Murray work email

Tom Murray personal email

n/a
About Tom Murray

Professional and results-driven Chief Financial Officer with outstanding strategic and commercial vision. Highly adept in financial management, business turnaround, operational efficiency and transformational change. Strong expertise in strategic M&A, due diligence, financial assessments, tax planning and business restructures. Senior level experience across supply chain, procurement, IT, system integration, manufacturing, funding, FX and shared services. I am a highly experienced Chief Financial Officer / Finance Director with a track record of delivering results for a number of Plc, private and private equity businesses who value growth and professionalism, and not just ‘a safe pair of hands’.

Tom Murray's Current Company Details
OEG

Oeg

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Chief Financial Officer
Colchester, England, GB
Website:
oeg.group
Employees:
767
Tom Murray Work Experience Details
  • Oeg
    Chief Financial Officer
    Oeg
    Colchester, England, Gb
  • Marshall
    Financial Director
    Marshall 2023 - Present
  • Algeco Uk
    Chief Financial Officer
    Algeco Uk 2020 - 2023
    Peterborough, Gb
    • Acquisition of three UK competitors - Advante, Carter Accommodation and Procomm Site Services, doubling the EBITDA of the UK business over two years, including the delivery of £3m of synergies• Rebranding of Elliott Group to Algeco, incorporating the acquired Carter and Procomm businesses• Implementation of Microsoft Dynamics 365 and purchase workflow system• UK finance team restructuring reducing headcount by 20%• Preparation and presentation of UK business strategic plan to potential investors resulting in the disposal of Modulaire Group to Brookfield for $5bn• Implementation of Sarbanes Oxley process controls following acquisition by Brookfield
  • Loxam
    Finance Director Powered Access Division
    Loxam 2017 - 2020
    Puteaux, Île-De-France, Fr
    • Promoted to Finance Director of a new division covering Europe and Middle East, sales revenue £400m• Integration of Lavendon and Loxam powered access entities in UK and France• Integration of newly acquired Italian entity• Acquisition and integration of UK Platforms Limited having succeeded in obtaining clearance from the Competition and Markets Authority• Negotiation of £120m revolving credit facility• Divisional finance team restructuring reducing headcount from 10 to 4
  • Nationwide Platforms
    Finance Director
    Nationwide Platforms 2016 - 2017
    Lutterworth, Leicestershire, Gb
    • Recruited as successor to group Chief Financial Officer, group acquired by Loxam in February 2017• Turnaround of under-performing UK division in H2, achieving stretched budget• Increased year on year sales by 10%• Reduced transport costs by 11%, changed transport pricing mechanism• Delivering 28% operating profit improvement• Developed customer profitability model based on cost to serve
  • Oxford Instruments
    Finance Director Industrial Analysis
    Oxford Instruments 2015 - 2016
    Abingdon, Oxfordshire, Gb
    • Negotiated commercial terms for new distributor contracts in China, M East totalling £5m• Rationalised the manufacturing footprint from 3 sites to 1• Delivered £3m improvement in operating profit• Worked with external advisers on disposal of the business to Hitachi High-Technologies
  • Esab
    Financial Director Global Operations
    Esab 2012 - 2015
    Annapolis Junction, Md, Us
    • Reported to the group CFO, managed six regional reports, responsible for manufacturing, procurement and supply chain operations globally• Led Finance support for the Operations function as part of the due diligence activities and integration of a US competitor $1bn acquisition• Acted as finance lead, prepared business cases and sat on steering group to rationalise the manufacturing footprint, reducing sites from 22 to 17 sites globally • Delivered 3% year on year net productivity improvements:o Held the Regional Operations Directors accountable for conversion cost performance at weekly KPIs meetings. Established counter measures to meet targetso Introduced flexible hours and the use of sub-contractors, transitioning to variable costso Developed a global cost by facility league table to determine lowest cost source of productiono Reviewed and challenged business cases to sign off capital investment projects o Established stretch targets through budget process to deliver required productivity• Supported VP Global Procurement:o Measured departmental performanceo Delivered annualised direct material savings of $30mo Standardised supplier payment terms to 60 days• Created and deployed indirect spend policies and engaged external partners including Schneider Electric to deliver $10m in indirect cost savings• Appointed as Finance lead on cross functional Kaizen events including:o Delivered ‘Make or buy’ analysis and subsequent selection of external vendors to outsource $10m of the PCB assembly processo Developed demand pull process reducing inventory by 25% • Led the P2P policy deployment work stream:o Increased 1st time pass yield from <70% to 92%o Reduced intercompany recharge invoices by 80%o Converted suppliers to EDI using the SAP Ariba platform• Led the transfer of the European operations financial accounting and transaction processing function to a shared service centre reducing headcount by 80%
  • Esab
    Head Of Global Financial Planning & Analysis
    Esab 2008 - 2012
    Annapolis Junction, Md, Us
    Post acquisition by Colfax• Worked with Executive team on the transformation from a regional to functional structure. Established a reporting system for measuring functional performance on SAP BPC• Led the finance integration under the new US parent entity including:o Transitioned from IFRS to US GAAP reporting in SAP BPC and implemented SOXo Standardised reporting processes and introduced weekly as opposed to monthly reporting. o Implemented the Colfax core values and Business System (CBS) model whilst establishing KPIs Pre acquisition • Reported to the group CFO with four direct reports and direct responsibility for EMEA and Asia. Carried out all the global reporting into the parent group• Led the implementation of IBM Cognos Planning forecast system aligning sales, operational and financial planning over a 6-month period• Worked with the Global Executive team:o Appointed to the ‘Defence’ team protecting against an aggressive takeover bido Identified breakthrough projects to maximise Charter International shareholder value o Supported a ‘white knight’ deal with the Colfax Corporationo Aligned headcount in sales and operations to the reduced demand as a result of the economic downturn resulting in £30m of cost savings• Appointed as member of the ESAB Leadership Talent Group of top 50 global executives
  • Esab
    Cfo Middle East
    Esab 2006 - 2008
    Annapolis Junction, Md, Us
    • Reported to the group CFO with six direct reports, responsible for the fastest growing sales region • Supported in targeting new customers and new territories delivering annual sales growth of 20% and in negotiating pricing and commercial terms with major customers• Implemented pricing controls delivering 2% margin improvement• Led the implementation of a new ERP system, Movex within time plan and budget• Delivered a 10% reduction in overdue debts
  • Esab
    Cfo/Shared Service Director Nordic Region
    Esab 2005 - 2006
    Annapolis Junction, Md, Us
    • Led project to establish a shared service centre for the Nordic region which was a pilot for a total Europe SSC, delivering annual savings of €3m
  • Esab
    European Operations Controller
    Esab 2003 - 2005
    Annapolis Junction, Md, Us
    • Transfer of production to low cost regions delivering 15% productivity improvement
  • Fki Plc
    Financial Director Power Transformers Division
    Fki Plc 2000 - 2003
    • Delivered a turnaround in operating results from a £2m loss to £1m profit within 18 months
  • Hadleigh Plc
    Divisional Finance Director
    Hadleigh Plc 1998 - 2000
  • Hadleigh Plc
    Group Accountant
    Hadleigh Plc 1996 - 1998

Tom Murray Skills

Change Management Process Improvement Mergers And Acquisitions Ifrs Procurement Financial Planning Strategic Planning Supply Chain Management Financial Management Experience Lean Manufacturing Global Management Operational Due Diligence Cross Functional Team Leadership Kpi Implementation Professional Mentoring Restructuring Kaizen Leadership Erp Implementations Commercial Finance Shared Services Us Gaap Reporting Acquisition Integration Technology Integration Outsourcing Management Operational Turnaround Nordic Emea International Joint Ventures Board Of Directors Corporate Fp&a Edi Coaching Corporate Tax Planning Fx Hedging Communication

Tom Murray Education Details

  • Aca
    Aca

Frequently Asked Questions about Tom Murray

What company does Tom Murray work for?

Tom Murray works for Oeg

What is Tom Murray's role at the current company?

Tom Murray's current role is Chief Financial Officer.

What is Tom Murray's email address?

Tom Murray's email address is to****@****oxam.fr

What schools did Tom Murray attend?

Tom Murray attended Aca.

What skills is Tom Murray known for?

Tom Murray has skills like Change Management, Process Improvement, Mergers And Acquisitions, Ifrs, Procurement, Financial Planning, Strategic Planning, Supply Chain Management, Financial Management Experience, Lean Manufacturing, Global Management, Operational Due Diligence.

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