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Stephen Lynch-blosse is a seasoned finance professional with 20+ years of experience in financial management, accounting, and analysis. He has held various leadership positions, including Head of Finance, CFO, and Contractor, and has expertise in forecasting, financial reporting, cash flow management, and business strategy. He has worked with several large organizations, including Manheim Ltd, Great Lake Motor Distributors, and HJ Asmuss & Co Ltd.

Experience

  • Bailey Ingham Ltd
    • Te Awamutu, Waikato, New Zealand
    • Contractor
      • Sep 2023 - Present
      • Te Awamutu, Waikato, New Zealand

    • Head of Finance
      • Apr 2018 - Sep 2023
      • Taupo

      GLMD is the NZ distributor for both Ssangyong and LDV brands. The group includes retail dealerships and a property company. It is a privately owned family company.Achievementsinitiated internal control processes and reviewed systems to improve accuracy of accounting information and correct identification of outstanding debtors. This included basic account reconciliations performed monthly.Worked closely with accounting profession al services staff to ensure that the group achieved accurate financial accounts. This involved making high level judgements regarding balance sheet items.Introduced monthly reporting regime produced in-house. This was previously prepared by external accountants on a quarterly basis. This initiative has saved the group $300k in fees annually.Recovered $2.3m, in unclaimed import GST from IRD.

  • Manheim Ltd
    • Auckland, New Zealand
    • Finance Manager NZ
      • Jan 2017 - Apr 2018
      • Auckland, New Zealand

      Manheim Ltd is an auction house selling motor vehicles, machinery, plant and other items on behalf of sellers. It is a large multi-national organisation reporting to a very strict timetable (2 days after month end).AchievementsReviewed business processes both operational and administrative. Identified areas for improvement in billing, reducing revenue leakage by changing procedures and clarifying responsibilities regarding storage on-charges.initiated cross training of staff to cover annual leave and other absences. Documented procedures and completed instruction manual to ensure that staff are fully aware of the correct process.Worked closely with the NZ General Manager building a successful business case to justify the move to new premises, enabling greater exposure, higher sales volumes and increased profit on the bottom line.

  • HJ Asmuss & Co Ltd
    • Mt Wellington, Auckland
    • Chief Financial Officer
      • Aug 2001 - Jul 2015
      • Mt Wellington, Auckland

      HJ Asmuss & Co Ltd (HJA) is an importer & distributor of Steel, Pipes, Valves, Fittings and ancillary products, founded in 1920. HJA is the parent company for a group of 7 companies.AchievementsActive contributor within the ELT. Participated in strategic review producing SWOT analysisImplementation of a new ERP software package across the Group. The project was completed with minimal disruption, on time and on budget.Continuous improvements to the reporting systems have enhanced efficiencies with data entry. Sales Rep budgets are now uploaded from Excel in two hours, saving 4 operators 5 days of data entry.Improved timeliness of the monthly reporting package by 14 days. Introduced summary KPI reports for the Board, and reduced the volume of detailed content in Board package replacing with easy to read summaries.Actively assisted in due diligence for major acquisition. Completed financial appraisal in limited timeframe. Negotiated an interim financing solution until full financing facilities were agreed with company bankers.Participated in the development and implementation of a new health & safety management system. Completion of the new system enabled reduced levies for ACC, saving 15% across the group.Registered HJA as an Approved Training Organisation (ATO) with CAANZ. I became a registered mentor to assist with developing support staff.

Education

  • 1983 - 1987
    University of Auckland
    Bachelor of Commerce (BCom), Accounting
  • 1978 - 1982
    Mt Roskill Grammar School

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