Robert Murphy
Head Of Finance - Midleton Distillery Operations
Summary
I'm an experienced finance professional specialising in assisting organisations to develop, communicate and implement their strategic plans.
Overview
29
29
years of professional experience
Work History
Production Accountant
Irish Distillers Ltd
01.2011 - Current
- Predict the cost of production for strategic plans, monitor, commentate and report evolution on a quarterly basis
- Analyse and forecast feeds recovery performance
- Prepare and present quarterly Midleton financial performance review
- Prepare and reconcile balance sheet maturing inventories
- Provide accurate monitoring and analysis of IDL Capital expenditure
- Support group sale of bulk spirits, liaise with key customer and providing weekly invoicing guidance
- Cost blends and provide wet good cost per LPA for innovation initiatives
- Report half yearly distillation KPI's to Groupe Pernod Ricard
- Provide Group Holding periodically with cereal commitment information
- Support production teams around expansion plans
- Key to group achieving cash objectives, specifically around the Midleton expansion project
- Gained significant knowledge around spirit blend costing and forecasting
- Helped implement new cereal management system
- Added greater understanding around Maturation performance.
Financial Controller
South Coast Transport
01.2006 - 01.2011
- Responsible for financial performance and reporting
- Prepare annual forecasts and provide subsequent variance analysis of results
- Report accurate monthly management results to the directors, to facilitate reliable decision making
- Ensure compliance with all financial, statutory and taxation regulations
- Payroll supervision and periodic preparation for 60 persons
- Liaise with key external parties – auditors, Revenue, banks, leasing companies & insurance brokers
- Identify, quantify and eliminate financial risks in the business
- Staff supervision & review for three direct reports
- Implement cost savings in a recessionary environment
- Management of working capital
- Maintain the fixed asset register and formulate capital expenditure budgets to maintain growth
- Administrative super user for all financial and operational IT systems
- Designed & implemented processes for completion and review of monthly management accounts, including the development of a KPI index
- Implemented best practice internal controls
- Worked as an advisor on ad-hoc projects, including IT & HR
- Led the implementation of a new operational IT package, which enabled management and staff to benefit from better real time cross departmental information
- This resulted in significant savings for the company
- Designed a 5 year business plan to enable the company to succeed and secured funding for expansion
- Organized coordinated voluntary liquidation and a business transfer to a new legal entity
- Developed cash flow management procedures to ensure a better utilization of cash resources.
Financial Controller
Billy Cahalane Motor Group
01.2004 - 01.2006
- Provided financial control to a start-up retail supermarket and two motor dealerships
- Managed thirty staff in several departments
- Implemented Group Audit and Budget preparation, monthly accounts preparation, and taxation compliance
- Responsible for the creation and implementation of a complete reporting structure for the whole of the Billy Cahalane Motor Group, using predominately Microsoft excel and Sage line 50
- Influenced the successful decision to sell the motor dealership.
Financial Accountant
Avery Dennison (Ireland) Ltd
01.2003 - 01.2004
- Responsible for four companies across the EMEA region (UK/Nordic team), including the European Treasury Centre
- Prepared and reported results monthly in US GAAP, to strict deadlines
- Became a user of Oracle & Hyperion
- During this period I completed my final examinations and became fully qualified as a Certified Public Accountant.
Senior Financial / Cost Accountant
Flextronics International Cork BV
01.2000 - 01.2003
- Financial team leader for manufacturing facility
- Recruitment and management of staff in Accounts Payable & Accounts Receivable Departments
- Intercompany and Treasury worldwide contact for the site
- Maintained the fixed asset register and reviewed the capital expenditure budget
- Introduced new procedures to implement and improve financial reporting
- Most of these changes were implemented in Microsoft excel and saved significant time during the month end close
- Project Leader for a scheme to switch financial institutions, which saved the company over € 100k per annum
- Was promoted to senior financial accountant within a year of joining the firm.
Financial Accountant
Blarney Woollen Mills Ltd
01.1998 - 01.2000
- Financial reporting for four companies in the Blarney group, including a hotel
- Responsibilities included the preparation of monthly accounts for these four divisions, all statutory filings and taxation compliances
- Introduced a new cash and stock IT system for the group hotel, which subsequently managed the daily cash and monthly stock taking reconciliations
- This was a significant internal control improvement
- Promoted to financial accountant briefly after joining the company.
Trainee Accountant
Scriven O'Regan Chartered Accountants
01.1995 - 01.1998
- Responsible for client statutory compliance and accounts preparation
- Experienced accounts and compliance practices for a portfolio of clients, ranging from SME's to large indigenous firms.
Education
Member of the Institute of Certified Public Accountants of Ireland - undefined
Diploma in Accountancy (Merit) - undefined
Cork Institute of Technology
Lean Sigma Black Belt -
MTU
References
References available on request.
Timeline
Production Accountant
Irish Distillers Ltd
01.2011 - Current
Financial Controller
South Coast Transport
01.2006 - 01.2011
Financial Controller
Billy Cahalane Motor Group
01.2004 - 01.2006
Financial Accountant
Avery Dennison (Ireland) Ltd
01.2003 - 01.2004
Senior Financial / Cost Accountant
Flextronics International Cork BV
01.2000 - 01.2003
Financial Accountant
Blarney Woollen Mills Ltd
01.1998 - 01.2000
Trainee Accountant
Scriven O'Regan Chartered Accountants
01.1995 - 01.1998
Member of the Institute of Certified Public Accountants of Ireland - undefined
Diploma in Accountancy (Merit) - undefined
Cork Institute of Technology
Lean Sigma Black Belt -
MTU
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