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Michael Van Dorsten is a seasoned finance professional with extensive experience in financial reporting, analysis, and management. He has held various roles in finance and accounting, including Financial Controller at BMW Group and Finance Partner at Bank of New Zealand. He holds a Bachelor of Commerce degree from the University of Auckland and is a Chartered Accountant.

Credentials

  • Chartered Accountant
    Chartered Accountants Australia and New Zealand
    Jan, 2010
    - May, 2026

Experience

  • BMW Group
    • Auckland, New Zealand
    • Financial Controller
      • Nov 2022 - Present
      • Auckland, New Zealand

      BMW Financial Services New Zealand

  • Bank of New Zealand
    • Auckland, New Zealand
    • Finance Partner
      • Nov 2021 - Nov 2022
      • Auckland, New Zealand

      Finance Partner - Technology & Operational Excellence

  • XE.com
    • Auckland, New Zealand
    • Financial Controller - APAC
      • Mar 2016 - Sep 2021
      • Auckland, New Zealand

      I was responsible for APAC's financial and accounting policies, systems, processes and tax / regulatory requirements and the production of financial modelling and forecasts to support P&L projections. Including:Calculation of liquidity requirements / ratios for regulatory purposes for ASIC & FMAImplementation of Financial Reporting Standards including IFRS-9 & IFRS-15Preparation of Annual Financial ReportManagement of External & Internal AuditsFinancial Instruments & Hedge AccountingManagement reporting and analysis including key metrics, reports and contributing to business strategy and its implementation.At XE, we live currencies. We provide a comprehensive range of currency services and products, including our Currency Converter, Market Analysis, Currency Data API and quick, easy, secure Money Transfers for individuals and businesses. We leverage technology to deliver these services through our website, mobile apps and over the phone. We are proud to be part of Euronet Worldwide (Nasdaq: EEFT), a global leader in processing secure electronic financial transactions. XE is part of the Money Transfer Division of Euronet and is the unification of three businesses: HiFX, XE.com and Ria Money Transfer.

    • Senior Management Accountant
      • Mar 2015 - Nov 2015

  • TotalStay Group
    • London, United Kingdom
    • Commercial Finance Manager
      • Feb 2013 - Dec 2014
      • London, United Kingdom

      Managed the budgeting and forecasting process for the business. Provided the business with appropriate financial reporting and analysis to drive and support management decisions.- Managed the annual budgeting process through to completion, including calculating run rates, designing Excel templates for end users (heads of departments) to complete and consolidating. Presented budget to the Senior Management Team.- Defined and analysed key profitability drivers within the business to drive budgeting & forecasting process- Prepared cash flow forecasts in a variety of different currencies- Allocate overhead costs into cost centres based on a number of cost drivers.- Prepared monthly management accounts for all different sales territories and regions including commentary for non-financial end users.- Compiled the month end data set of every transaction year to date and analysed data to prepare reports on margin analysis based on customers, suppliers, margin groups and selling profiles- Prepared client & supplier profitability analysis- Developed a model to analyse credit card fees down to transaction level using various mapping based on card type and region- Prepared Override Payable and Override Receivable schedules

  • Claranet
    • London, United Kingdom
    • Senior Management Accountant
      • Nov 2012 - Feb 2013
      • London, United Kingdom

    • Financial Controller
      • Jun 2011 - Jun 2012

  • BDO in New Zealand
    • Auckland, New Zealand
    • Assistant Manager
      • Jun 2006 - Jun 2011
      • Auckland, New Zealand

Education

  • 2002 - 2006
    University of Auckland
    Bachelor's Degree, Bachelor of Commerce - Major in Accounting and Marketing

Suggested Services

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Industry Focus. “Motor Vehicle Manufacturing”

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