Nick Malley
Director of Finance at Compusoft Group- Claim this Profile
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Bio
Credentials
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ACA
INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES
Experience
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Compusoft Group
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Norway
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Software Development
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100 - 200 Employee
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Director of Finance
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Jan 2022 - Present
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SHL
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United Kingdom
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Software Development
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700 & Above Employee
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Group Financial Controller
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Mar 2019 - Jan 2022
Currently manage eight direct reports and 35-person team with 20 HQ support staff across 15 countries for this $200M global provider of people insights for talent acquisition and management. Coordinate global treasury operations, banking relationships, debt management, taxation strategy, transfer pricing, investor relations and regulatory compliance. Prepare local/group accounts, audit/ statutory filings and accounting operations. Maintain and update finance technology systems, policies and processes.* Headed smooth acquisition of $75M Indian start-up, integrating financing, closure accounts, PPA and local legal merger, transfer pricing and transition accounting into existing structures.* Significantly expanded working capital and set multi-currency twelve-week rolling cash forecast with payment terms and tax-efficient cash repatriation. * Succeeded in adding new tasks and enhancing employee engagement, while reducing footprint and streamlining financial systems and processes.
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Visa
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United States
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IT Services and IT Consulting
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700 & Above Employee
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Vice President - FP&A Europe
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2016 - Dec 2018
Responsible for all finance reporting with 45 professionals from Cost Centre Managers across Europe to Visa Europe Board to HQ. Implement and update regulatory reporting, revenue budgeting and expense planning tools. * Seamlessly transitioned to US GAAP, USD nominal and constant currency in Visa methodologies and reporting within one quarter; also built out three Hyperion cubes to support US GAAP, USD, SEC and internal reporting requirements.* Met European Commission requirement for regulatory reporting, including defining framework, methodologies and catalogues; achieved first-year audit without qualification by external entity.* Headed full restructuring and refocusing of FP&A team after $20B purchase of Visa Europe by Visa, Inc. * Met all internal and external reporting, budgeting and forecasting deadlines.
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Finance Lead
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2015 - 2016
Promoted to direct small team in financial analysis, due diligence and financial close requirements during negotiation and €18B sale transfer of Visa Europe to Visa, Inc. Also performed analysis for European Union competition approval. * Owned and supervised distribution methodology and calculation for €18.3B in sales proceeds.* Collaborated with merchant banks in accurately valuating Visa Europe and preparing complete sales brochure.
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Group Financial Controller
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2012 - 2015
Fully accountable for providing all non-statutory reporting with 35 finance professionals from Cost Centre Managers to Board, along with facilitating all Planning and Performance Measurement processes for €2B in revenue and €1B. in operating profit. Acted as Finance Lead on future options for Visa Europe encompassing full and partial sales to Visa, Inc.* Reorganised entire Procurement functions, including seven-stage sourcing process, better category buying. Faster purchasing, business partner model and 10% savings on addressable spend in first full year.* Instituted end-to-end planning process – strategic planning days, three-year plan, one-year budget, target setting and balanced scorecards.
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Business Owner
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2010 - 2012
Promoted to direct 15-person group in smooth rollout of 17 Hyperion cubes, including MI Reporting, Product Profitability, Constant Currency Engine, Billing Analysis, Pricing Tool, Revenue Budget, Workforce Planning and others, overhauling critical management reporting systems and processes. * Introduced Business Partner model as part of restructuring Management Reporting Team.
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Head of Management Information
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2008 - 2010
Hired to build new 15-member team from scratch to perform all internal management reporting. Also designed and implemented new forecasting and budgeting process. * Effectively coordinated management reporting analysis after Visa Europe’s decision to remain outside Visa, Inc. IPO.* Instrumental in transitioning Oracle Finance platform from Visa, Inc. to Visa Europe.
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Vanco
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Telecommunications
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100 - 200 Employee
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Regional Finance Director - UK, US and Asia Pacific
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2005 - 2008
Responsible for all aspects of corporate finance, including compliance with local statutory and tax requirements, with five financial controllers and 40 staff across UK, US, Singapore and Australia. Assisted sales staff with large multinational contracts, ensuring compliance with internal controls and customer investment appraisal criteria.* Smoothly transitioned from UK GAAP to IFRS platform; also instituted Revenue and Cost Assurance function.* Closely supported sales staff on large-scale multinational contracts, ensuring full compliance with internal measures and customer Investment Appraisal criteria. * Piloted rollout of end-to-end finance processes and controls to support Oracle ERP implementation.
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Vanco
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Telecommunications
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100 - 200 Employee
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Divisional Financial Controller - Europe
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2002 - 2004
In charge of managing regional finance functions with five financial controllers based across Europe during aggressive growth after successful IPO. Also arranged leasing lines in Germany, Holland and France. Instituted corporate governance processes with internal audit area. * Developed and deployed “v:choice” solution as first global flexible benefits package in conjunction with Thomson Online Benefits.* Restructured Group Accounts department to decrease costs, along with setting up and staffing shared service office in Czech Republic.
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Vanco
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Telecommunications
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100 - 200 Employee
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Group Financial Planner
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1999 - 2001
Tasked with handling all start-up functions for four new companies, including AP/AR, general ledger, payroll, VAT returns, cash flow, financial statements, and group audits. Liaised with tax advisers to generate annual tax returns. Instituted full budgeting and forecasting process. * Wound up two start-up companies after two years of mixed trading; also incorporated four new UK companies.* Played crucial role in successfully listing Vanco on London Stock Exchange in 2001.* Designed, implemented and documented comprehensive Transfer Pricing policy.
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Project Accountant
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1997 - 1998
Held key financial roles, including Project Accountant and Management Accountant; supported 30 clinical research projects and performed monthly consolidation of 30 European units and submission to US. Held key financial roles, including Project Accountant and Management Accountant; supported 30 clinical research projects and performed monthly consolidation of 30 European units and submission to US.
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KPMG UK
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United Kingdom
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Accounting
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700 & Above Employee
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Audit Senior / Audit Junior
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1992 - 1997
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Education
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Lancaster University
BA (Hons), Economics