Paul McKenna
Finance Director at WMS Underfloor Heating- Claim this Profile
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Bio
Credentials
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Becoming a Thought Leader
LinkedInJan, 2019- Nov, 2024 -
Being an Effective Team Member
LinkedInJan, 2019- Nov, 2024 -
Creativity Bootcamp
LinkedInJan, 2019- Nov, 2024 -
Strategic Agility
LinkedInJan, 2019- Nov, 2024
Experience
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WMS Underfloor Heating®
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United Kingdom
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Construction
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1 - 100 Employee
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Finance Director
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Oct 2019 - Present
We are the UK's leading supplier and installer of underfloor heating systems for new build developments. Our capability is second to none with over 17 years of experience. Helping developers, architects, consultants and local authorities achieve your aims by delivering the best heating and cooling solutions for your clients through an unbeatable combination of design, reliability and service. Underfloor heating is the fastest growing sector within the heating industry and we continue to lead the way by investing in new technical developments with our suppliers and working closely with developers, architects, main contractors and sub-contractors to provide total solutions in our field as well as comprehensive training programmes for our installation teams. And we channel all this shared experience, knowledge and research into helping you achieve your goals, meet deadlines and fulfil commitments – your project success is our business. Show less
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GLOBAL EXPERIENCE SPECIALISTS (GES) LTD
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United Kingdom
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Advertising Services
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1 - 100 Employee
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Group Finance Director EMEA
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Feb 2007 - Mar 2019
Lead financial operations, including Financial Planning & Analysis, Human Resources, and Legal/Company Secretarial for subsidiary of VIAD CORP, a US listed S&P, SmallCap 600 Company, handling all financial strategies and generating financial statements for an organisation with £200m of revenue per annum and employing 900 people. Own profit and loss, annual Financial Plan, and five-year enterprise model. Establish regional financial governance and management policies for EMEA, advising on strategic financial insights, and continuously improving internal controls and financial accountability. Oversee financial operations for acquisitions. Ensure regulatory compliance, such as Sarbanes Oxley, supporting Internal Audit and Compliance Review and deliver all monthly, quarterly, and annual financial reports. Manage relationships with external vendors, including insurance broker. Deliver Annual Operating Review for presentation to Head Office. Lead cross functional group to deliver EMEA GDPR project. Manage EMEA property business, including lease acquisitions, renewals, and disposals. Named Group Company Secretary, responsible for all EMEA commercial legal agreements including risk management. Saved more than £100k per annum by inserting myself between the business and external lawyers. Contained overhead cost (currently £55m per annum) growth to below the aggressive sales/margin growth. Consolidated commercial property requirements, saving £200k p.a. directly and making the operation more efficient. Ensured 100% payment of more than £10m of services delivered to London 2012 Olympics. Spearheaded new procurement function that delivered £250k of annual savings. Led major property consolidation project, achieving a net reduction of six commercial properties across the West Midlands region and generating £2m in savings in the first 10 years of the new lease for the consolidated operation. Earned ISO 20201 attainment through the Group Health & Safety Manager. Show less
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EVENSER GROUP LIMITED
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West Midlands
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Group Finance Director
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Apr 2004 - Feb 2007
Production of all group financial reporting including management accounts, P&L and Cashflow forecasting Production and distribution of quarterly banking covenants for PE house and Bank. Group driver of all insurance related activity from broker appointment through to claims settlement. Construction of data room as the precursor for the sale of all group subsidiaries. Winding up of the Evenser Group and any non sold group entities. Production of all group financial reporting including management accounts, P&L and Cashflow forecasting Production and distribution of quarterly banking covenants for PE house and Bank. Group driver of all insurance related activity from broker appointment through to claims settlement. Construction of data room as the precursor for the sale of all group subsidiaries. Winding up of the Evenser Group and any non sold group entities.
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MELVILLE EXHIBITION & EVENT SERVICES LIMITED
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United Kingdom
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Business Supplies & Equipment
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Finance Director
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Nov 2001 - Feb 2007
• Identified which parts of the business were making money and which were not. • Complete rebuild of the Finance function and placed Finance Managers into the business units they were serving which positively impacted margin. • Identified which parts of the business were profitable and exited those which were not. • Business lead for major cost reduction programme in light of poor trading conditions. • Rationalised the property estate exiting two buildings with annual savings of £200k p.a. • Helped grow one of the Finance Managers to become the Financial Controller alongside successful completion of her MBA. Show less
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MILLER FREEMAN
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London, United Kingdom
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Financial Controller
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Nov 1997 - Sep 2001
• Creation of a shared services Finance function in Kent by consolidating all Finance functions of the enlarged group. • Resource saved from this consolidation was reinvested into extending the dedicated Finance Manager structure successfully embedded into the company. This is an early example of what is now known as Business Partnering. • Led the audit into reporting deficiencies at one of the European offices, which saw the departure of the senior leadership team there. • Creation of a shared services Finance function in Kent by consolidating all Finance functions of the enlarged group. • Resource saved from this consolidation was reinvested into extending the dedicated Finance Manager structure successfully embedded into the company. This is an early example of what is now known as Business Partnering. • Led the audit into reporting deficiencies at one of the European offices, which saw the departure of the senior leadership team there.
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BLENHEIM EXHIBITIONS AND CONFERENCES LIMITED
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United Kingdom
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Finance Director
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Sep 1996 - Nov 1997
• Stabilisation of an under-performing Finance department through improved processes and net tactical staff investments. • Weekly flash sales reporting, essential in a fast-growing environment. • Management and motivation of four direct reports (AR/AP/Payroll/Reporting). • Senior member of the UK operating board. • Conversion of profit into cash as there had been a breakdown in the Sales/AR cash collection cycle • Creation of credible Data Room to facilitate an effective sale of the company. Show less
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BBC WORLDWIDE LIMITED
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United Kingdom
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Media Production
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1 - 100 Employee
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Divisional Finance Director
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Jun 1990 - Aug 1996
• Devised and executed a successful catch-up plan across all finance functions supporting Programme Sales, so AR/AP/Reporting/Investment Ledger. • Provision of all financial information from monthly management accounts through to input into the statutory accounts. • Management and motivation of four direct reports (AR/AP/Finance Managers). • Member of the Programme Sales senior management team. • Devised and executed a successful catch-up plan across all finance functions supporting Programme Sales, so AR/AP/Reporting/Investment Ledger. • Provision of all financial information from monthly management accounts through to input into the statutory accounts. • Management and motivation of four direct reports (AR/AP/Finance Managers). • Member of the Programme Sales senior management team.
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Education
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Harvard Business School
PMD 75 -
University of West London
Fellow Associaton Chartered Certfied Accountants, FCCA
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