Jiri Kosak

The business consists of a team of consultants spanning several disciplines, including finance, who provide services to the Hanover Investors private equity portfolio of investments

Working alongside and leading a team of finance specialists to drive value creation across Hanover Investors' portfolio of investments

Acting as Interim FP&A Director and Treasury Director for various portfolio business ranging from manufacturing to SaaS with full responsibility for:

• Budgeting and re-forecasting
• Creating executive and investor-ready dashboards and KPI tracking
• Designing cashflow models and reporting
• Working capital modelling and reporting
• Optimising cash for group of companies including factoring and cash pooling
• Implementing an FP&A capability across multi location/countries high tech SaaS organization
• The business consists of a team of consultants spanning several disciplines, including finance, who provide services to the Hanover Investors private equity portfolio of investments

Achievements:

• Strategic Decision-Making Support: Developed comprehensive strategic Board materials, featuring covenant compliance analytics and Group performance metrics, that empowered data-driven decision-making at the executive level
• Budgeting & Forecasting Leadership: Redesigned budgeting templates and successfully led the end-to-end budgeting and forecasting processes across multiple portfolio companies, enhancing financial planning accuracy and alignment
• Reporting: Transformed reporting efficiency by implementing process improvements and standardization, cutting delivery timelines by 50% and improving overall reporting accuracy
• Cashflow Forecasting: Established a rolling 13-week cashflow forecasting system that improved liquidity management, forecast accuracy, and provided early visibility into cash requirements, enabling proactive decision-making
• KPI Framework Creation: Created standardized KPI frameworks tailored for SaaS business models, delivering actionable insights to executive leadership and the Board to guide strategic decision-making and performance tracking
• Acquisition Integration Success: Led the finance operations and successful integration of two strategic acquisitions, ensuring seamless financial consolidation and realizing synergies, contributing to overall business growth and efficiency

In this role I lead the Accounting Team as well as Finance Operations (AP and AR) for Creative Foods Group (£70m FMCG with backing of OSI Group)

Achievements:

• Leadership & Team Management: Successfully lead the Accounting Team and Finance Operations (AP and AR) for Creative Foods Group, overseeing key financial processes and ensuring alignment with corporate goals
• Project Delivery: Delivered multiple high-impact projects on time, including the consolidation of trading entities, ERP system implementation, and OneStream reporting, improving operational efficiency and financial transparency
• Audit Excellence: Effectively managed and coordinated the audit process with RSM, ensuring compliance with all financial reporting standards and identifying areas for operational improvement
• Tax Compliance: Ensured timely and accurate tax compliance, mitigating risks and maintaining adherence to local and international tax regulations
• Credit Risk Assessment: Conducted comprehensive credit risk assessments to minimize financial exposure and support informed decision-making in the business’s financing strategies

Project management responsibilities in relation to company project to migrate ERP from legacy FinancialForce system to Oracle Fusion

Achievements:

• Stakeholder Management: Effectively managed relationships with key stakeholders, including PWC as system implementers, ensuring smooth collaboration and alignment across multiple teams
• Data Migration & System Integration Leadership: Led the design and execution of data migration, system integration testing, and data validation, ensuring seamless system transitions and minimizing operational disruptions
• Future State Design & Business Change: Successfully completed the high-level design of the future state, including business change requirements related to policies, processes, and controls (adoption of SOX), in the context of P2P and A2R processes
• US GAAP Adoption: Managed the adoption of US GAAP following a strategic acquisition, ensuring regulatory compliance and aligning financial reporting across the organization
• Integration Plan Tracking: Utilized the Smartsheet platform to effectively manage and track integration plan progress, ensuring that milestones were met on time and that all integration activities were aligned with strategic objectives