Tim McInnes

Summary

With over 25 years’ experience in senior Finance roles, in everything from family-owned and founder-run SMEs to large B2B enterprises, Chartered Accountant Tim combines multi-sector expertise, financial insight, and outstanding people skills to deliver on his clients’ business objectives.

Relentlessly focused on understanding strategic, commercial, and operational drivers, and with a proven track record of helping businesses through change, challenges, and complex transactions, Tim also prides himself on his ability to communicate Finance transparently to stakeholders at all levels – from the leadership team, to advisors, to financial and operational teams.

A trained executive coach, Tim also believes in nurturing and mentoring individuals to build strong teams, develop and retain talent, and lay the financial foundations that will underpin business growth.

And for Tim, those foundations are about much more than statutory accounts and tick-box compliance. They’re about knowing where growth is coming from, putting in place forecasts, strategies, and systems to support it, and thinking outside the box to overcome obstacles.


Experience

Working with both SMEs and larger businesses in multiple sectors, and over several decades, Tim has considerable experience of deploying the skills and producing the deliverables critical to Finance’s central role in supporting business success. Here are some examples:

  • High-performance teams – Tim has consistently motivated teams to be the best they can be through training, coaching and mentoring, ultimately adding value to clients’ businesses.
  • Financial accounting – Tim’s solid technical understanding of accounting practices has enabled him to consistently build and develop effective Finance teams, from procurement to supplier payments, and from sales to credit control.
  • Cash forecasting – True to his belief that the beating heart of any business is cash, Tim has repeatedly developed and maintained robust cash forecasting to strengthen day-to-day operations, support improvement in businesses that are in special measures, and secure working capital funding and asset-based lending.
  • Business planning – Fundamental to understanding where the business is heading, Tim’s work to identify business drivers, and to build and develop business planning models, has underpinned a number of successful management buy-outs, bank and AIM market fundraising rounds, and company disposals.
  • Systems – Tim’s belief that efficient systems add value to the business – whether in the form of accurate processing or timely business performance information supplied to key decision-makers – stood him in good stead to work on many key business systems replacement projects, including Microsoft Dynamics and PowerBI, to Sage 200, 50 and Xero.
  • Acquiring and Integrating businesses – Throughout many complex transactions of this type, Tim has looked after financial, tax and legal due diligence. As a part-time FD, he recently acted as a trusted advisor to all parties for several acquired businesses in a major acquisition program by a large UK B2B enterprise – resulting in the successful integration of all aspects of Finance into the Group’s structures.
  • Board reporting – Tim has consistently delivered effective executive reporting, including KPI development, into a variety of businesses, providing targeted information and financial strategy advice and guidance, and contributing to the achievement of the company’s business objectives.