Tony Ray Email & Phone Number

Bushey, GB

Crickhowell, GB

Crickhowell, GB

London, GB

• Statutory Board Director and FCA SMF2 (Chief Finance Function) holder
• Active Member of the UK Operating Board, Audit, Risk and Regulatory Framework (Chair) committees, ensuring achievement of all financial goals and objectives, whilst achieving full regulatory compliance
• Responsible for 28 Staff members, including Controllership (Management and Statutory Reporting), F P & A, Finance Operations and Finance Regulatory Reporting Functions
• Key Finance Lead on the planned €165m trade sale of Pepper, subsequent planned debt raise and a tactical competitor business acquisition plan
• Initiated a Finance Operations transformational project to automate processes, improve compliance and generate cost efficiencies

London, GB

• Initiated new processes for the consolidation and reporting of European Group actual results and forecasts, previously a responsibility of the Global HQ Team in Australia
• Finance Lead on the planned €165m trade sale of the business to Link, a Mortgage Servicer and BPO provider
• Key Finance lead on a subsequent €65m debt raise
• Introduced comprehensive Finance leadership and support to two businesses in the absence of local F P & A
• Integrated two businesses into Pepper European Servicing

London, GB

• Pepper UK Limited is a leading provider of Mortgages servicing, in both household and commercial sectors. They also entered the Lending Market.Reporting to the UK CFO, main achievements include:
• Introduction of F P & A into the business, including comprehensive business partnering to key stakeholders
• Changed attitudes from the three business unit owners regarding P & L ownership and cost focus
• Initiated a new Lending originations report, which was used widely by management
• Deputised for the CFO on a number of key projects, including critical contract renegotiations

Watford, Hertfordshire, GB

• The provider of the UK National Lottery, with sales of c.£7Bn per annum. During my time with Camelot, the company won the License to run the National Lottery until 2023, was sold by the Corporate Shareholders to a.
• Led delivery of three companywide cost saving programmes, resulting in cash savings of c.£15m, on a £110m controllable cost base, including a 10% headcount reduction (74 FTE)
• Personally negotiated a commercial arrangement with a key supplier resulting in a c.£2m cash saving
• Negotiated and implemented new Finance Lease funding of assets totalling c.£40m over a 2 year period
• Redeveloped and enhanced the management reporting suite, published to the Board and Regulator

Watford, Hertfordshire, GB

• Responsibility for the production and coordination of the Strategic and Annual Business Plans, Monthly Board Report and all aspects of financial support. Supported by a team of six qualified and two part qualified.
• Key Finance lead negotiating the sale of Camelot to a Pension Fund
• Key finance team member, developing a 5 Year ‘proforma’ EBITDA for presentation to the banks
• Pivotal in the £320m refinancing of the Group, generating a cash release of c.£175m
• Coordinated a £100m share capital reduction proposal with advisors KPMG
• Evaluation, sign-off and control of significant capex investment, including the redevelopment of the National Lottery Website (£20m), Introduction of a new Datacentre (£7m) and other key technology based projects

Watford, Hertfordshire, GB

• Responsibility for the forecasting and budgeting processes for the regulated UK Lottery business, monthly Board Reporting and pricing support for all new game proposals. Supported by a team of six qualified and four.
• Restructured the team to better support the business, particularly from a business partnering perspective
• Evaluation and cost control of a £161m Equipment and Technology Refresh project linked to the successful winning of the third Licence, which came in under budget
• Managed the implementation of a SAP BPC Financial Planning tool into the business

Norwalk, CT, US

• Promoted to this position in early 2004, the role included responsibility for Customer Sales (B2C), the largest growth business, together with Home Improvement Loans and Timeshare business units which combined grew.
• Key member of business integration team following sale of the business to GE, including full reporting, Oracle implementation, processes and US GAAP/SOX conversion
• Developed full Channel and Product P & L Reporting & Forecasting for four Customer Sales Business Units
• Key member of Customer Sales Leadership Team which grew the business to $2.5Bn of assets in 3 Years
• Finance ‘Product Expert’ for key business areas, including FP&A, Pricing, New Business Bid support, Bad Debt profiling and Operational processes
• Management, Development and Coaching of four qualified accountants & four part qualified analysts across multiple sites

• Responsible for all aspects of financial decision support and business partnering for Home Improvement Loans, Timeshare and Retail Finance business units (c.£1Bn new business pa) and included regular interaction with.
• Developed business partnering in a company that, up to that point, had been run on traditional values
• Developed sophisticated pricing support and sign-off for two key business units
• Key member of Due Diligence team, providing information to potential buyers of First National Bank

London, GB

• A Pan European provider of Internet Hosting, VPN and Voice Networking to Large and Medium Sized Businesses, including full business solutions provisioning.Overall responsibility for Forecasting, Monthly Reporting and.
• Re-engineered cost centre forecasting process
• Personally managed Op Admin cost saving initiative for CEO and CFO
• Restructured department of 8 staff to provide better focus on key activities
• Successful support for Transport For London ‘Congestion Charge’ contract

• Responsibility for Product Pricing and Profitability support.Main Achievements include:
• Finance lead on successful acquisition of a 150 store Retail business
• Evaluated Pricing change to Pre-Pay call tariffs, with cost impact >£200m over 3 years

Greenford, Middlesex, GB

Education record

Education record

Education record