Barry Collins FCCA BSc

Vice President at Greensphere Capital LLP
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London, United Kingdom, GB

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Credentials

  • FCCA
    ACCA
    Apr, 2006
    - Sep, 2024

Experience

    • United Kingdom
    • Venture Capital and Private Equity Principals
    • 1 - 100 Employee
    • Vice President
      • Jul 2018 - Present

    • Group Director
      • Nov 2015 - Present

      Private Equity backed. Two separate renewable energy groups that own commercial scale anaerobic digestion and biomass plants in the UK that supply electricity and gas to energy suppliers.• Promoted to Group Finance Director and Company Secretary with responsibility for two groups of companies, reporting to the Group Operating Partner.• Steered the business to achieve consistent year on year growth in sales and profit.• Generated £multi-million increase in working capital improvements across the two groups.• Established the Finance Departments of both companies.• Conducted Due Diligence on the successful £multi-million acquisition of an upstream waste supplier.• Additionally responsible for the completion of Accounts for the Investment companies.• Reviews and reports the accounts to the board, investors and the bank.• Active participant in commercial Supplier negotiations including pricing, payment terms and dispute resolution.

    • Group Financial Controller (FD Designate) and Operations/Commercial Manager
      • Mar 2014 - Oct 2015

      Responsible for the day to day running of Group Finance and the operation of a Biomass Plant, reporting to the Group Finance Director and Operating Partner. Managed a team of 24.• Headhunted into what was a new acquisition for the Group, with the initial brief to get a handle on costs and stabilise the business working alongside a Consultant responsible for day-to-day operations.• Successfully met these challenges taking on the additional responsibility of Operations Manager in September 2014 of a biomass project that generates 14MWe by burning forestry wood and clean wood processing residues in a state-of-the-art combustion plant.• Managed the relationship with 2 partner organisations, the O&M Provider running the plant and the fuel supplier.• Drove an 80% reduction in the cost of the annual outage budget.• Completed the process management of a long-term contract for wood chipping, generating significant savings.

    • Financial Controller & Company Secretary
      • Jun 2006 - Mar 2014

      PE backed, with a turnover of £25m and 170 employees. It is the world’s leading supplier of steel waste recycling products, providing services to Biffa, Veolia, Local Authorities & to export markets.• Joining as Management Accountant, received a promotion to Financial Controller within 12 months.• Played a key role in setting up and building a £multi-million lease rental business including price modelling, raising funding, sourcing and setting up a bespoke financial accounts system.• A key member of project teams (as leader and team member) including IT systems selection, review of potential company acquisitions and integration of newly acquired businesses into the group.• Led audit and commercial review of several key tenders/contracts with significant values in both UK and overseas markets.• Took a leading role in several cost saving initiatives to improve profitability, including parts outsourcing, contract negotiations, benchmarking suppliers and collection of rebates due.• Cut the month end timetable by two thirds and introduced a review process with budget holders.• Participated in key transactions such as the sale of the business process in 2012, sale and leaseback of land and a sale of receivables working capital facility.

    • United Kingdom
    • Furniture
    • 100 - 200 Employee
    • Management Accountant
      • Oct 2002 - May 2006

      Two group companies (Sharps and Dolphin) trading in the home improvement industry and supplying directly to the public. Turnover for the group was £180m and it employed over 600 people. • Responsible for the day-to-day running of the Accounts Department, reporting to the Finance Director.• Joined Dolphin in 1999, subsequently promoted as Management Accountant to Sharps.• Moved and merged the group’s 2 finance departments, closing the Worcester office and creating a combined operation centre in Bilston.• Produced the monthly management accounts package for the board of directors.• Introduced monthly meetings with the directors/department managers to review accounts, highlighting areas requiring more control, agreeing action points and educating them to manage their own budgets. • Produced annual budgets in conjunction with the management team and the year-end statutory accounts, liaising with external auditors and tax consultants• Produced monthly tax returns, quarterly VAT returns and managed quarterly stock takes.• Produced the cash flow report, compiling monthly and annual cash flow forecasts.

    • Management Accountant
      • Sep 1999 - Oct 2002

      A supplier of fully designed and fitted bathrooms to the public. Turnover was £35m, employing 110 people. • Management Accountant reporting to the Financial Controller.• Partial production of the monthly management accounts package for the board of directors.• Developed the annual Sales and Marketing budget in conjunction with the Directors• Working with a Programmer, created a new commission system for the sales team.

    • United Kingdom
    • Industrial Machinery Manufacturing
    • 1 - 100 Employee
    • Accountant
      • Feb 1998 - Sep 1999

      A supplier and assembler of control panels and machinery to the manufacturing industry. The business had a turnover of £2m and employed 35 people. Reported to the Managing Director.• Selected and installed Pegasus and a new job costing system.

    • Treasury Accounts Assistant
      • Nov 1997 - Feb 1998

    • Credit Control Assistant
      • Apr 1996 - Oct 1997

Education

  • Oxford Brookes University
    Applied Accounting, Accountancy
    2006 - 2007
  • John Dewar's NLP training
    Neuro Linguistic Programmer - practitioner level, Certified
    2010 - 2011
  • FInancial Training Company
    Association of Chartered Certified Accountants, Completed
    2002 - 2005
  • Worcester College of Technology
    Association of Accounting Technicians, Completed
    1996 - 2000
  • Public Speaking Academy
    Graduate
    2010 -

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