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Sean Renahan, Finance Planning & Analysis, ACMA

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Sean Renahan, Finance Planning & Analysis, ACMA

  1. 1. Sean Renahan CIMA, ACMA, BA (Hons) 2:1 Twickenham, Middlesex TW2 | M: 07733 004429 | E: sean.renahan@gmail.com LinkedIn: www.linkedin.com/in/seanrenahan PROFESSIONAL PROFILE A versatile commercially aware Finance Director with high integrity and a consistent track record of success gained in complex PLC's and SME's across Pharmaceutical, Manufacturing, FMCG and Healthcare sectors, covering EMEA, Japan & US. A trusted senior executive with experience of managing and developing high performing teams across multi -sites and countries, and taking ownership for delivery of corporate projects, trouble shooting and restoring confidence in business units. Specialising in strategic direction, FP&A, organisation, systems and process improvement and driven by customer satisfaction. NOTABLE CAREER HIGHLIGHTS  Trusted to set up a new Business Unitand delivered increased revenue of £25m through geographic expansion,improved margins,new product releases and productrationalisation and was thekey point of contact with EMEA HQ.  Successfully divested £300mproductportfolio and transition to acquiringcompany  Developed multiplescenarios for pan-European Business Units  Responsiblefor Annual Budget, Forecasting& 5 Year Plan  Developed Budget/Forecasts in Hyperion Planning,providinggreater visibility by movingaway from spreadsheet models.  Led & Managed FP&A team of three people  Produced in-depth financial analysiswith valueadded commentary  Developed Power BI dashboards demonstratingtrends and competitor analysis  Launched management reporting, KPI’s and dashboards to review key business driversand driveperformance.  Improved forecastingaccuracy for EMEA from +/-15% to +/- 3% leadingto greater confidence about direction of business.  Owner and developer of Hyperion Planningtool used for capturing& reporting Actual, Budget and Forecastingdata. CAREER SUMMARY NOV 2020 – PRESENT PHARMACOSMOS UK: FINANCE DIRECTOR UK & IE Subsidiary of Danish Pharma Company – Turnover £20m with 60 employees  Provided strategic leadership,resultingin revenue growth of >30%, and improved profitmargins by 25%  Responsiblefor Finance,Supply Chain,Business Intelligence& CRM System  Implementation of paperless invoiceprocessing  Developed Business Dashboards usingPower BI aligned with strategic direction of the organisation JAN 2020 – NOV 2020 OLIVANDA LTD: FREELANCE FINANCE DIRECTOR/CONSULTANT  Provided adviceto business on expansion to new markets, scenario analysisoptions,market shareassumptions  Developed an activity plan for Business Readinessteamprior to S4 HANA implementation JAN 2019 – DEC 2019 SUNOVION PHARMA EUROPE: DIRECTOR, FINANCE & BUSINESS SERVICES Subsidiary of Top 10 Japanese Pharma Company – Turnover £5m with 50 employees  Provided effective leadership and development of Company strategy, includingorganic/inorganicgrowth activities, challengingassumptions and decision makingand providingfinancial analysisand guidanceon Company activities,plans, targets and business drivers.  Identified and initiated action to achievea 15% reduction in OperatingExpenses recovering from a loss-making entity to breakingeven in 2020.  Reviewed and streamlined several business policies and processes savingsignificantman hours and improved quality of information availableto the organisation.  Led Finance,IT, Supply Chain & Contracting/Procurement teams  Delivered monthly/quarterly/annual management and statutory reporting  Risk management of foreign currency exposure  Responsiblefor financial,tax,auditingand legal requirements. Primary pointof contact with external auditor & HMRC.
  2. 2. NOV 2004 – NOV 2018 ASTELLAS PHARMA EMEA Top 15 Global Pharma Company – Turnover €2.5Bn with 4000 employees NOV 2015 – NOV 2018 FINANCE DIRECTOR, PROJECT LEAD – SPECIAL PROJECTS  FinanceTransformation – Design lead o SME on FinanceTransformation preparingfor transition to Shared Service Centre BPO, requiringbest-in-class L3/L4 process mapping o Designed a standard reportingsuite reducingtotal landscapefrom400 to 40 reports  Presented Change ImpactAssessment to business units in preparation for ERP transition fromSAP ECC to SAP S4/HANA.  Managed the divestment of a €300m business unitthrough providingeffective leadership,communication and strategy adviceacross EMEA and Japan o Introduced revenue recognition model takinginto accountthe phased transition to the purchasingcompany o Developed a strongbusiness partnership with the acquiringcompany resultingin a successful transition. OCT 2014 – OCT 2015 FINANCE DIRECTOR (VARIOUS) Entrusted to several trouble-shooting roles: Hungary o Led a Financeand Logistics team of 5 staff (Turnover €20m, OP €5m FTE 40) followingan abrupt change in management. o Successfully restored confidencein the operation and sourced a permanent Financial Director. Czech & Slovak o Appointed on an interim basis to introduceinternal control processes to the Czech office(Turnover €50m, OP €20m FTE 90) resultingin the achievement of a clean J-Sox/Internal audit. IT EMEA o Appointed to backfill and lead a team of 5 IT experts with an expense budget of €80m as Interim Director of the Planning& Controls division. o Tasked with managingdemand and capacity planning. o Vendor engagement (Accenture & IBM). o Management of software licences acrossEMEA. JAN 2011 – SEP 2014 FINANCE DIRECTOR – SE EUROPE BUSINESS UNIT, SLOVENIA  Appointed/relocated to Slovenia to startup and lead the South-East Europe Business Unit through the creation of 4 legal entities.  Grew the business to €37m turnover, €12m OP and over 100 employees.  Recruited, trained and developed a high performing multi-siteteam of 10 Financeand Supply Chain.  Delivered 100% compliance for Financial Reporting, month-end closeand internal controls.  Responsiblefor Revenue, Expense, BalanceSheet & Cash flowBudget and Forecastingfor 4 entities covering 10 countries.  Coordinated statutory and management reporting, medium-term planning,scenario planningand supply of life-saving products as a key member of the management team providing BusinessPartneringsupportto Medical and Marketing functions.  Established financial systems and processes for 4 legal entities across 9 countries and introduced management reports encompassinginternal / external data, KPI’s and traffic lightingto improve market shareand OperatingProfit. NOV 2008 – JAN 2011 DIRECTOR OF FINANCIAL PLANNING & ANALYSIS  Responsiblefor establishingand communicating EMEA requirements for Budget/Forecasts to Business Units (TO €2.5bn).  Management and co-ordination of the EMEA Financial Planningand Analysisteam with a focus on ensuringbusiness objectives and budgets were met.  Prepared financial and qualitativemanagement reports to supportstrategic planningobjectives coveringmultipletime horizons (Quarterly,Annual & 5-year forecasts).  Designed framework for Budgeting/Performance systems to allowrelevantFinancial and Management Reporting. JUL 2006 – NOV 2008 MANAGER / EUROPEAN CONTROLLER  Oversawcontrollingactivities across7 businessunits (25%of EMEA revenue).  Owned design structure of management reporting system (Hyperion Planning).  Analysed and evaluated performance againstbudget targets.  Communicated and designed control framework for global Transfer Pricingmodel.  Delivered strategic financial and commercial recommendations to non-Financeteams.
  3. 3. EARLY CAREER SUMMARY JUL 2005 – JUL 2006 MANAGER / EUROPEAN CONTROLLER: ASTELLAS PHARMA EMEA NOV 2004 – JUN 2005 INTERIM MANAGEMENT ACCOUNTANT: ASTELLAS PHARMA EMEA AUG 2003 – JUL 2004 FINANCE MANAGER: AUTOMATIC MINIBAR SYSTEMS JV between Minibar AG and Dometic – Turnover £8m/annum with 30 employees NOV 2002 – JUL 2003 INTERIM MANAGER: COMPUTER 2000 Computer Distributor: US-owned Subsidiary – Turnover £800m/annum with 500 employees AUG 2002 – OCT 2002 MANAGEMENT ACCOUNTANT: EDWARD JAMES INTERNATIONAL Financial Services Outsourcing Company – Turnover £4m/annum with 45 employees APR 2000 – JUL 2002 FINANCE & COMMERCIAL MANAGER: LEGAL & TRADE RISK MANAGEMENT SERVICES Financial Services: US-owned Subsidiary – Turnover £8m/annum with 150 employees SEP 1999 – APR 2000 FINANCIAL CONTROLLER – CONTRACT: HTC HEALTHCARE GROUP PLC

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