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Finance Director driving financial stability, organisational performance and commercial growth
An experienced Finance Director and SME business owner with prior experience in large multinational companies. Neil established and grew a business from inception to a multi-million-dollar operation with several locations in two different countries.
He has the ability and experience to develop and deliver sustainable financial and strategic growth strategies, turnaround financial operations, enhance financial capability and maximise business performance through embedding robust systems, controls and tools.
Neil qualified as a Management Accountant in the United Kingdom whilst at Courtauld Textiles PLC. After gaining experience in several high-profile companies such as Mirror Group and Railtrack, he moved to the engineering and construction company, Alstom Power Plants UK.
In 2003, Neil moved to Malaysia as the Country Financial Director for Alstom and subsequently undertook the same role in Singapore and Thailand. After leaving Alstom in 2010, Neil established and grew his own successful business, which has expanded to include multiple locations in both Malaysia and Indonesia.
He enjoys performing in challenging environments, solving problems, and building & working in teams whilst striving towards achieving goals and aspirations. Neil has a down-to-earth, practical approach with his clients thanks to his wide range of experience in financial management, business growth and operating SME businesses.
Throughout his career, he has:
New business development – Established and set up a business with ownership for defining the business model, securing ongoing funding capital, sourcing locations, creating marketing content, recruiting expert child development gymnastics instructors and leading, mentoring and training staff to drive performance and outstanding customer service levels.
Business Planning – Developed a budgeting and a strategic financial review process. Implemented and oversaw the running of these processes, which included monthly financials, cash flow, company and team KPI’s. Recently subcontracted to a Company that offers a new and unique technology. Reviewed their new business model and developed a business plan with an emphasis on cash flow. This led to a revised cash funding solution to the one originally envisaged.
Cashflow – Developed, implemented and ran the cashflow forecasting process. Negotiated loans and overdrafts with a bank to fund growth and working capital. Calculated the company’s valuation to derive the share price for offering to new and existing investors
Commercial – Negotiation and renegotiation of various types of contracts. Dealing successfully with disputes and claims related to contracts.
Team Building & Management – Built several teams in several countries and cultures, developing and improving competencies. Instigated right sizing exercises as appropriate to business needs and activity levels.
Finance and IT Transformation - As Country Finance Director, led the initiative to transform team issues and enhance the IT infrastructure. Reviewed existing processes; reorganised finance department; brought accounts up to date; resolved long-standing issues; trained and mentored teams; reinforced clear expectation of ethics and standards; led the implementation of new server; and overhauled IT infrastructure.
Cost Reduction - Implemented successful cost reduction schemes whilst improving quality and timeliness of service.
“I have known Neil Outram for a total of five years, three of which were while I was Managing Director for Alstom Power Service in Thailand. During tis time, Neil was the Country Finance Director Alstom Thailand. While in the role, Neil's group was responsible for providing finance, IT and other services to the Business Unit... Neil's support was always timely and detailed. He is a strong and competent finance professional, always ready to challenge assumptions or perceptions, while communicating clearly to all involved. His knowledge and aptitude of not only finance discipline, but project management and business strategy are excellent.. I hold Neil in the highest regard both personally and professionally, and I have no hesitation in recommending Neil to any prospective employer.”
Sean Horgan, director- Sales and marketing APAC, Alstom
J. Dickinson & Sons, a waste management company, faced cash flow problems after building a new processing plant that led to reduced output and delays. Neil Outram, an interim Finance Director, was brought in to resolve financial and operational issues.
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