1. Sean Renahan CIMA, ACMA, BA (Hons) 2:1
Twickenham, Middlesex TW2 | M: 07733 004429 | E: sean.renahan@gmail.com
LinkedIn: www.linkedin.com/in/seanrenahan
PROFESSIONAL PROFILE
A versatile commercially aware Finance Director with high integrity and a consistent track record of success gained in complex
PLC's and SME's across Pharmaceutical, Manufacturing, FMCG and Healthcare sectors, covering EMEA, Japan & US.
A trusted senior executive with experience of managing and developing high performing teams across multi -sites and countries,
and taking ownership for delivery of corporate projects, trouble shooting and restoring confidence in business units.
Specialising in strategic direction, FP&A, organisation, systems and process improvement and driven by customer satisfaction.
NOTABLE CAREER HIGHLIGHTS
Trusted to set up a new Business Unitand delivered increased revenue of £25m through geographic expansion,improved
margins,new product releases and productrationalisation and was thekey point of contact with EMEA HQ.
Successfully divested £300mproductportfolio and transition to acquiringcompany
Achieved 75% improvement in compliance by automating invoicingprocess.
Improved margins by 30% through successful transition fromagent to distributor model.
Developed Budget/Forecasts in Hyperion Planning,providinggreater visibility by movingaway from spreadsheet models.
Reduced DSO from 270 to 150 days resultingin reduction of €2m working capital requirement.
Secured £30m fundingto launch new business unit.
Kicked off Financeefficiency review, leadingto development of FinanceVision,and FinanceTransformation program.
Launched management reporting, KPI’s and dashboards to review key business driversand driveperformance.
Improved forecastingaccuracy for EMEA from +/-15% to +/- 3% leadingto greater confidence about direction of business.
Recognised as a talented future leader and selected to attend INSEAD Leadership Journey program at Fontainebleau
CAREER SUMMARY
NOV 2020 – PRESENT PHARMACOSMOS UK: FINANCE DIRECTOR UK & IE
Subsidiary of Danish Pharma Company – Turnover £20m with 60 employees
Provided strategic leadership,resultingin revenue growth of >30%, and improved profitmargins by 25%
Responsiblefor Finance,Supply Chain,Business Intelligence& CRM System
Implementation of paperless invoiceprocessing
Developed Business Dashboards usingPower BI aligned with strategic direction of the organisation
JAN 2020 – NOV 2020 OLIVANDA LTD: FREELANCE FINANCE DIRECTOR/CONSULTANT
Provided adviceto business on expansion to new markets, scenario analysisoptions,market shareassumptions
Developed an activity plan for Business Readinessteamprior to S4 HANA implementation
JAN 2019 – DEC 2019 SUNOVION PHARMA EUROPE: DIRECTOR, FINANCE & BUSINESS SERVICES
Subsidiary of Top 10 Japanese Pharma Company – Turnover £5m with 50 employees
Provided effective leadership and development of Company strategy, includingorganic/inorganicgrowth activities,
challengingassumptions and decision makingand providingfinancial analysisand guidance on Company activities,plans,
targets and business drivers.
Identified and initiated action to achievea 15% reduction in OperatingExpenses recovering from a loss-making entity to
breakingeven in 2020.
Reviewed and streamlined several business policies and processes savingsignificantman hours and improved quality of
information availableto the organisation.
Led Finance,IT, Supply Chain & Contracting/Procurement teams
Delivered monthly/quarterly/annual management and statutory reporting
Risk management of foreign currency exposure
Responsiblefor financial,tax,auditingand legal requirements. Primary pointof contact with external auditor & HMRC.
2. NOV 2004 – NOV 2018 ASTELLAS PHARMA EMEA
Top 15 Global Pharma Company – Turnover €2.5Bn with 4000 employees
NOV 2015 – NOV 2018 FINANCE DIRECTOR, PROJECT LEAD – SPECIAL PROJECTS
FinanceTransformation – Design lead
o SME on FinanceTransformation preparingfor transition to Shared Service Centre BPO, requiringbest-in-class L3/L4
process mapping
o Designed a standard reportingsuite reducingtotal landscapefrom400 to 40 reports
Presented Change ImpactAssessment to business units in preparation for ERP transition fromSAP ECC to SAP S4/HANA.
Managed the divestment of a €300m business unitthrough providingeffective leadership,communication and strategy
adviceacross EMEA and Japan
o Introduced revenue recognition model takinginto accountthe phased transition to the purchasingcompany
o Developed a strongbusiness partnership with the acquiringcompany resultingin a successful transition.
OCT 2014 – OCT 2015 FINANCE DIRECTOR (VARIOUS)
Entrusted to several trouble-shooting roles:
Hungary
o Led a Financeand Logistics team of 5 staff (Turnover €20m, OP €5m FTE 40) followingan abrupt change in
management.
o Successfully restored confidencein the operation and sourced a permanent Financial Director.
Czech & Slovak
o Appointed on an interim basis to introduceinternal control processes to the Czech office(Turnover €50m, OP €20m
FTE 90) resultingin the achievement of a clean J-Sox/Internal audit.
IT EMEA
o Appointed to backfill and lead a team of 5 IT experts with an expense budget of €80m as Interim Director of the
Planning& Controls division.
o Tasked with managing demand and capacity planning.
o Vendor engagement (Accenture & IBM).
o Management of software licences acrossEMEA.
JAN 2011 – SEP 2014 FINANCE DIRECTOR – SE EUROPE BUSINESS UNIT, SLOVENIA
Appointed/relocated to Slovenia to startup and lead the South-East Europe Business Unitthrough the creation of 4 legal
entities.
Grew the business to €37m turnover, €12m OP and over 100 employees.
Recruited, trained and developed a high performing multi-siteteam of 10 Financeand Supply Chain.
Delivered 100% compliance for Financial Reporting, month-end closeand internal controls.
Responsiblefor Revenue, Expense, BalanceSheet & Cash flowBudget and Forecastingfor 4 entities covering 10 countries.
Coordinated statutory and management reporting, medium-term planning,scenario planningand supply of life-saving
products as a key member of the management team providing BusinessPartnering supportto Medical and Marketing
functions.
Established financial systems and processes for 4 legal entities across 9 countries and introduced management reports
encompassinginternal / external data, KPI’s and traffic lightingto improve market shareand OperatingProfit.
NOV 2008 – JAN 2011 DIRECTOR OF FINANCIAL PLANNING & ANALYSIS
Responsiblefor establishingand communicating EMEA requirements for Budget/Forecasts to Business Units (TO €2.5bn).
Management and co-ordination of the EMEA Financial Planningand Analysisteam with a focus on ensuringbusiness
objectives and budgets were met.
Prepared financial and qualitativemanagement reports to supportstrategic planningobjectives coveringmultipletime
horizons (Quarterly,Annual & 5-year forecasts).
Designed framework for Budgeting/Performance systems to allowrelevantFinancial and Management Reporting.
JUL 2006 – NOV 2008 MANAGER / EUROPEAN CONTROLLER
Oversawcontrollingactivities across7 businessunits (25%of EMEA revenue).
Owned design structure of management reporting system (Hyperion Planning).
Analysed and evaluated performance againstbudget targets.
Communicated and designed control framework for global Transfer Pricingmodel.
Delivered strategic financial and commercial recommendations to non-Financeteams.
3. EARLY CAREER SUMMARY
JUL 2005 – JUL 2006 MANAGER / EUROPEAN CONTROLLER: ASTELLAS PHARMA EMEA
NOV 2004 – JUN 2005 INTERIM MANAGEMENT ACCOUNTANT: ASTELLAS PHARMA EMEA
AUG 2003 – JUL 2004 FINANCE MANAGER: AUTOMATIC MINIBAR SYSTEMS
JV between Minibar AG and Dometic – Turnover £8m/annum with 30 employees
NOV 2002 – JUL 2003 INTERIM MANAGER: COMPUTER 2000
Computer Distributor: US-owned Subsidiary – Turnover £800m/annum with 500 employees
AUG 2002 – OCT 2002 MANAGEMENT ACCOUNTANT: EDWARD JAMES INTERNATIONAL
Financial Services Outsourcing Company – Turnover £4m/annum with 45 employees
APR 2000 – JUL 2002 FINANCE & COMMERCIAL MANAGER: LEGAL & TRADE RISK MANAGEMENT SERVICES
Financial Services: US-owned Subsidiary – Turnover £8m/annum with 150 employees
SEP 1999 – APR 2000 FINANCIAL CONTROLLER – CONTRACT: HTC HEALTHCARE GROUP PLC