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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
Highly accomplished and experienced Finance Director with over 20 years of experience in the pharmaceutical industry, with a
track record of success in driving business growth and profitability. Demonstrated ability to lead cross-functional teams and drive
operational excellence, with a deep understanding of financial, legal, and regulatory requirements in the industry. Possess
excellent analytical, communication, and leadership skills, with proven ability to develop and implement strategic initiatives that
enhance business performance and profitability.
NOTABLE CAREER HIGHLIGHTS
• Trusted to set up a new Business Unit and delivered increased revenue of £25m through geographic expansion, improved
margins, new product releases and product rationalisation and was the key point of contact with EMEA HQ.
• Successfully divested £300m product portfolio and transition to acquiring company
• Achieved 75% improvement in compliance by automating invoicing process.
• Improved margins by 30% through successful transition from agent to distributor model.
• Developed Budget/Forecasts in Hyperion Planning, providing greater visibility by moving away from spreadsheet models.
• Reduced DSO from 270 to 150 days resulting in reduction of €2m working capital requirement.
• Secured £30m funding to launch new business unit.
• Kicked off Finance efficiency review, leading to development of Finance Vision, and Finance Transformation program.
• Launched management reporting, KPI’s and dashboards to review key business drivers and drive performance.
• Improved forecasting accuracy for EMEA from +/-15% to +/- 3% leading to 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, resulting in revenue growth of >30%, and improved profit margins by 25%
• Responsible for Finance, Supply Chain, Business Intelligence & CRM System
• Implementation of paperless invoice processing
• Developed Business Dashboards using Power BI aligned with strategic direction of the organisation
JAN 2020 – NOV 2020 OLIVANDA LTD: FREELANCE FINANCE DIRECTOR/CONSULTANT
• Provided advice to business on expansion to new markets, scenario analysis options, market share assumptions
• Developed an activity plan for Business Readiness team prior 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, including organic/inorganic growth activities,
challenging assumptions and decision making and providing financial analysis and guidance on Company activities, plans,
targets and business drivers.
• Initiated action to achieve a 15% reduction in Operating Expenses recovering from a loss-making entity to breaking even in
2020.
• Streamlined several business policies and processes, saving significant man hours and improved quality of information
available to the organisation.
• Led Finance, IT, Supply Chain & Contracting/Procurement teams, fostering collaboration and alignment across departments.
• Delivered monthly/quarterly/annual management and statutory reporting, providing accurate and timely financial
information to different stakeholders.
• Managed foreign currency exposure, minimising risks and optimising hedging strategies.
• Ensured compliance with financial, tax, auditing and legal requirements serving as the primary point of contact with external
auditor & HMRC.
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
• Finance Transformation – Design lead
o Spearheaded Finance Transformation efforts, leading the design phase and preparing for the transition to a Shared
Service Centre BPO.
o Expertise in L3/L4 process mapping, resulting in a best-in-class standard reporting suite that reduced total reports
from 400 to 40.
• Conducted a Change Impact Assessment and presented it to business units in preparation for the transition from SAP ECC to
SAP S4/HANA.
• Managed the successful divestment of a €300m business unit through effective leadership, communication, and strategy
advice across EMEA and Japan. Introduced a revenue recognition model that took into account the phased transition to the
purchasing company. Developed a strong business partnership with the acquiring company resulting in a seamless
transition.
OCT 2014 – OCT 2015 FINANCE DIRECTOR (VARIOUS)
Entrusted to several trouble-shooting roles:
Hungary
o Led a Finance and Logistics team of 5 staff (Turnover €20m, OP €5m FTE 40) following an abrupt change in
management.
o Successfully restored confidence in the operation and sourced a permanent Financial Director.
Czech & Slovak
o Appointed on an interim basis to introduce internal control processes to the Czech office (Turnover €50m, OP €20m
FTE 90) resulting in 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 across EMEA.
JAN 2011 – SEP 2014 FINANCE DIRECTOR – SE EUROPE BUSINESS UNIT, SLOVENIA
• Led the successful start-up and management of the South-East Europe Business Unit through the creation of 4 legal entities,
achieving a turnover of €37m, €12m in operating profit, and a headcount of over 100 employees.
• Recruited, trained, and developed a high-performing multi-site team of 10 Finance and Supply Chain professionals,
contributing to a cohesive and efficient work environment.
• Achieved 100% compliance for financial reporting, month-end close, and internal controls, ensuring financial transparency
and accountability across all operations.
• Managed revenue, expense, balance sheet, and cash flow budget and forecasting for 4 entities covering 10 countries,
demonstrating financial acumen and strategic thinking.
NOV 2008 – JAN 2011 DIRECTOR OF FINANCIAL PLANNING & ANALYSIS
• Established and communicated EMEA requirements for Budget/Forecasts to Business Units (TO €2.5bn), ensuring alignment
with business objectives.
• Managed and co-ordinated a high-performing EMEA Financial Planning and Analysis team, delivering accurate and timely
financial reporting and analysis to meet business needs.
• Prepared comprehensive financial and qualitative management reports to support strategic planning objectives, covering
multiple time horizons (Quarterly, Annual & 5-year forecasts), and provided insightful analysis to key stakeholders.
• Designed and implemented a framework for Budgeting/Performance systems that enabled efficient and effective financial
and management reporting, enhancing decision-making capabilities.
• Collaborated with senior leaders across functions to drive continuous improvement initiatives, identify cost savings
opportunities, and implement best practices in financial planning and analysis.
• Developed and maintained strong relationships with key stakeholders, including Business Unit leaders, Finance Directors,
and other functional leaders, to ensure alignment and drive business results.
JUL 2006 – NOV 2008 MANAGER / EUROPEAN CONTROLLER
• Led the controlling activities across 7 business units, which represented 25% of EMEA revenue, ensuring that timely and
accurate financial reporting and analysis were provided to support business decision-making.
• Designing the structure of a management reporting system using Hyperion Planning. This led to improved data accuracy and
accessibility, enabling better-informed decision-making.
• Conducting performance analysis and evaluation against budget targets, identifying opportunities for cost savings and
revenue growth. I collaborated with the business units to develop action plans to capitalize on these opportunities.
• Developing and implementing a control framework for a global Transfer Pricing model, ensuring compliance with tax
regulations and reducing financial risk.
• Providing strategic financial and commercial recommendations to non-Finance teams, which contributed to successful
business outcomes.
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

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Sean Renahan, Finance Director, ACMA

  • 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 Highly accomplished and experienced Finance Director with over 20 years of experience in the pharmaceutical industry, with a track record of success in driving business growth and profitability. Demonstrated ability to lead cross-functional teams and drive operational excellence, with a deep understanding of financial, legal, and regulatory requirements in the industry. Possess excellent analytical, communication, and leadership skills, with proven ability to develop and implement strategic initiatives that enhance business performance and profitability. NOTABLE CAREER HIGHLIGHTS • Trusted to set up a new Business Unit and delivered increased revenue of £25m through geographic expansion, improved margins, new product releases and product rationalisation and was the key point of contact with EMEA HQ. • Successfully divested £300m product portfolio and transition to acquiring company • Achieved 75% improvement in compliance by automating invoicing process. • Improved margins by 30% through successful transition from agent to distributor model. • Developed Budget/Forecasts in Hyperion Planning, providing greater visibility by moving away from spreadsheet models. • Reduced DSO from 270 to 150 days resulting in reduction of €2m working capital requirement. • Secured £30m funding to launch new business unit. • Kicked off Finance efficiency review, leading to development of Finance Vision, and Finance Transformation program. • Launched management reporting, KPI’s and dashboards to review key business drivers and drive performance. • Improved forecasting accuracy for EMEA from +/-15% to +/- 3% leading to 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, resulting in revenue growth of >30%, and improved profit margins by 25% • Responsible for Finance, Supply Chain, Business Intelligence & CRM System • Implementation of paperless invoice processing • Developed Business Dashboards using Power BI aligned with strategic direction of the organisation JAN 2020 – NOV 2020 OLIVANDA LTD: FREELANCE FINANCE DIRECTOR/CONSULTANT • Provided advice to business on expansion to new markets, scenario analysis options, market share assumptions • Developed an activity plan for Business Readiness team prior 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, including organic/inorganic growth activities, challenging assumptions and decision making and providing financial analysis and guidance on Company activities, plans, targets and business drivers. • Initiated action to achieve a 15% reduction in Operating Expenses recovering from a loss-making entity to breaking even in 2020. • Streamlined several business policies and processes, saving significant man hours and improved quality of information available to the organisation. • Led Finance, IT, Supply Chain & Contracting/Procurement teams, fostering collaboration and alignment across departments. • Delivered monthly/quarterly/annual management and statutory reporting, providing accurate and timely financial information to different stakeholders. • Managed foreign currency exposure, minimising risks and optimising hedging strategies. • Ensured compliance with financial, tax, auditing and legal requirements serving as the primary point of 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 • Finance Transformation – Design lead o Spearheaded Finance Transformation efforts, leading the design phase and preparing for the transition to a Shared Service Centre BPO. o Expertise in L3/L4 process mapping, resulting in a best-in-class standard reporting suite that reduced total reports from 400 to 40. • Conducted a Change Impact Assessment and presented it to business units in preparation for the transition from SAP ECC to SAP S4/HANA. • Managed the successful divestment of a €300m business unit through effective leadership, communication, and strategy advice across EMEA and Japan. Introduced a revenue recognition model that took into account the phased transition to the purchasing company. Developed a strong business partnership with the acquiring company resulting in a seamless transition. OCT 2014 – OCT 2015 FINANCE DIRECTOR (VARIOUS) Entrusted to several trouble-shooting roles: Hungary o Led a Finance and Logistics team of 5 staff (Turnover €20m, OP €5m FTE 40) following an abrupt change in management. o Successfully restored confidence in the operation and sourced a permanent Financial Director. Czech & Slovak o Appointed on an interim basis to introduce internal control processes to the Czech office (Turnover €50m, OP €20m FTE 90) resulting in 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 across EMEA. JAN 2011 – SEP 2014 FINANCE DIRECTOR – SE EUROPE BUSINESS UNIT, SLOVENIA • Led the successful start-up and management of the South-East Europe Business Unit through the creation of 4 legal entities, achieving a turnover of €37m, €12m in operating profit, and a headcount of over 100 employees. • Recruited, trained, and developed a high-performing multi-site team of 10 Finance and Supply Chain professionals, contributing to a cohesive and efficient work environment. • Achieved 100% compliance for financial reporting, month-end close, and internal controls, ensuring financial transparency and accountability across all operations. • Managed revenue, expense, balance sheet, and cash flow budget and forecasting for 4 entities covering 10 countries, demonstrating financial acumen and strategic thinking. NOV 2008 – JAN 2011 DIRECTOR OF FINANCIAL PLANNING & ANALYSIS • Established and communicated EMEA requirements for Budget/Forecasts to Business Units (TO €2.5bn), ensuring alignment with business objectives. • Managed and co-ordinated a high-performing EMEA Financial Planning and Analysis team, delivering accurate and timely financial reporting and analysis to meet business needs. • Prepared comprehensive financial and qualitative management reports to support strategic planning objectives, covering multiple time horizons (Quarterly, Annual & 5-year forecasts), and provided insightful analysis to key stakeholders. • Designed and implemented a framework for Budgeting/Performance systems that enabled efficient and effective financial and management reporting, enhancing decision-making capabilities. • Collaborated with senior leaders across functions to drive continuous improvement initiatives, identify cost savings opportunities, and implement best practices in financial planning and analysis. • Developed and maintained strong relationships with key stakeholders, including Business Unit leaders, Finance Directors, and other functional leaders, to ensure alignment and drive business results.
  • 3. JUL 2006 – NOV 2008 MANAGER / EUROPEAN CONTROLLER • Led the controlling activities across 7 business units, which represented 25% of EMEA revenue, ensuring that timely and accurate financial reporting and analysis were provided to support business decision-making. • Designing the structure of a management reporting system using Hyperion Planning. This led to improved data accuracy and accessibility, enabling better-informed decision-making. • Conducting performance analysis and evaluation against budget targets, identifying opportunities for cost savings and revenue growth. I collaborated with the business units to develop action plans to capitalize on these opportunities. • Developing and implementing a control framework for a global Transfer Pricing model, ensuring compliance with tax regulations and reducing financial risk. • Providing strategic financial and commercial recommendations to non-Finance teams, which contributed to successful business outcomes. 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