Adam Tzagournis, CPA

Stealth AI Startup

Founder

FlowCog

Business finance simplified. FlowCog Canvas is a free tool to help you understand your company's past and future financial health.

Founder & CEO

Stack Overflow

Financial Analyst (Nov 2014 - Jan 2016)
Financial Manager (Jan 2016 - Nov 2017)

Stack Overflow is the largest, most trusted online developer community for developers to learn, share their knowledge, and build their careers. More than 50 million professional and aspiring programmers visit Stack Overflow each month to help solve coding problems, develop new skills, and find job opportunities.

Founded in 2008, Stack Overflow partners with businesses to help them understand, hire, engage, and enable the world's developers. To learn more about Stack Overflow's business solutions - technical recruiting, advertising, market research, and enterprise knowledge sharing visit stackoverflowbusiness.com.

Director of Finance

Hailo

Hailo is the evolution of the hail - a free smartphone app which puts people just two taps away from a licensed taxi, and lets cabbies get more passengers when they want them.

Senior Accountant/Financial Analyst

Brilliant Transportation

Brilliant is a revolutionary ground transportation firm focused on creating a travel experience that allows executives and companies to maximize their time.

Financial Analyst

PwC is a multinational professional services firm that provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders.

Experienced Associate

• Founder of a new AI stealth startup

• I'm a CPA (Certified Public Accountant) and a full-stack software developer

• I built AI financial projections software

• I've worked with companies for over 10 years to help them raise money (and not run out of it)

• I write about business finance, cash runway, modeling, metrics, FP&A, equity ownership, programming, and more.

VIOOH

Deliver senior-level FP&A service to a high-growth division of an international listed company.  Responsible for the creation of a new Budget model and monthly reporting for the Leadership Team.  

•  Created a new Budget and 5 Year Plan model, with relevant granularity for additional analyses.
•  Updated and automated monthly management accounts preparation.
•  Resolution of legacy customer account reconciliation process.
•  Dedicated to collaborative working across the organisation and building strong relationships with all staff and external parties. 
•  Advocate of rolling forecasts, driver-based forecasts, and performance benchmarks.  This approach gives visibility on the future business performance and enables understanding of the variances between Actual and Forecast.
•  Supporting the rest of the Finance function to improve processes.

#BusinessPartnering
#FinancialAnalysis
#ActionableReporting

FP&A Director

Intelligent Reach

Intelligent Reach is a MarTech company which optimises product data feeds across 1,500+ channels to ensure products are found by potential buyers.

Maternity leave cover for the Finance Director.

Duties:

●	Responsible for the financial management of entities across the UK, Australia and the US.
●	Working with the Assistant Finance Manager and managing external adviser relationships.
●	Attending Board and senior management meetings and working with staff across all functions to help deliver the business’ objectives.

Principal achievements:

●	Revised management accounting process to provide more insight and highlight KPIs.
●	Accounts Receivable process improvements and resolution of legacy issues.
●	Credit control policy review and implementation of Debtor Daddy in the UK.
●	Improvement of the MRR database, including re-structuring how data is stored to make maintenance easier, converting records from legal entity currency to transactional currency, introducing more detailed analysis of the different MRR components.
●	Managed the process for appointing new auditors.
●	Comprehensive review of balance sheet items and resolution of any historical issues.

#SaaS
#DigitalMarketing
#FinanceDirector
#Interim

Interim Finance Director

Knotel

Knotel makes real estate simple, flexible, and responsive; tailoring workspaces to the unique needs of established and growing companies.

Duties:

●	Responsible for the financial management of 30 entities across the UK, Ireland, Netherlands, and Germany.
●	Leading a team of five and managing external accountant and adviser relationships.
●	Working with Group functions to continue the integration of Knotel into Newmark Group.
●	Ad hoc projects, including: resolution of legacy accounting / tax issues; improving management reporting / forecast processes; and process improvements.

Principal achievements:

●	Revised the European entities' month-end process to make it transparent, robust and simpler.
●	Resolution of legacy issues within AP and fixed asset data.
●	Progressed the resolution of legacy issues with corporate income tax, VAT, and the Construction Industry Scheme.
●	Resolution of issues with the liquidation and de-registration of various SPVs.
●	Enhancements to the cash flow forecasting approach, enabling proper variance analysis.
●	Streamlined the AP process, within the internal control framework, by removing verification of low-value vendors and removing unnecessary touch points with business owners. 

#RealEstate
#FinancialManagement
#TeamLeadership

International Controller

Mambu

Mambu, a FinTech unicorn, delivers great modern banking experiences by a cloud-first SaaS product to customers, including top tier banks, neobanks, FinTechs, and Telcos.


• Working with the Finance team on Plan / Forecast model and process improvements.
• Bonus and commission process improvements. 
• Co-ordinating the 2021 Budget process. 
• Reviewing fundraising projections against internal financial information.

Principal achievements:

• Creation of the three-statement Budget and Long-Term Plan model. 
• Significant improvements to the bonus and commission processes, including consistent calculations, automation, and enhanced visibility for participants. 

#SaaS
#ComposableBanking
#VentureCapital

FP&A Projects Manager

Growth / mid-market companies preferred

APPROACH:

*  As a business partner to management, my role is to provide support, challenge and financial interpretation.  I offer pragmatic solutions rather than just facts.
*  I take ownership of issues and being accountable for their resolution.  
*  One of my strengths is executing strategy.
*  Throughout my career I have shown a passion for the finance team to be true business partners to the rest of the organisation.  

RELATIONSHIPS:

*  I'm dedicated to collaborating across the organisation and building strong relationships with all staff.
*  I have a track record of establishing an open communication culture to ensure issues are escalated on a timely basis.
*  I'm able to explain finance ideas, concerns and topics in a way that non-finance people understand and feel able to ask follow-up questions.
*  I have extensive experience of managing multicultural and multi-specialism teams, including spending many years managing virtual teams.
        
EXPERIENCE:

*  I am a finance leader with a broad range of experience across SaaS, digital marketing, private equity, venture capital, financial services and professional services.
*  I have a track record of delivery at strategic, tactical and operational levels, working across functions.
*  My key strength is providing financial expertise to support business decision-making, ensuring commercial activities are underpinned by sound financial analysis.  
*  I specialise in providing actionable insight.

ACHIEVEMENTS:

*  Business partnering management to enable them to profitably grow the business.
*  Create and develop high-performance finance teams - my management approach is based on the concept of ‘Service, Standards and Support’.
*  Lead / support change projects including: finance system implementations; M&A; post-deal integrations; operating platform changes; design / implementation of operating models and organisational structures.

#CFO
#FinanceDirector
#Tech
#MidMarket
#Growth
#SME
#ScaleUp
#Startup

Experienced CFO / Finance Director / Financial Controller looking for next role

Awin Global

Awin Group is a global performance marketing business (2018 revenues €183m under IFRS 15; EBIT €19m, FTE ~1,200, customers ~14,000).  

Duties:

●	Co-head of Group Finance (no Chief Financial Officer), staff across Germany, UK and Brazil.
●	Responsibility for the Group’s accounting, tax, financial planning and analysis, and finance systems functions (four direct reports; 45 indirect reports).
●	Business partnering the Group CEO, COO, CTO, and other management.
●	Commercial decision support, including client profitability, operational metrics, staff incentives.
●	Principal finance stakeholder for development of the business’ operating platforms.
●	Architecture, selection, and implementation of finance / BI systems.

Principal achievements:

●	Significant improvement in the engagement of finance with the rest of the business.
●	Support of M&A activities (buy side and sell side), two transactions with a total value of €145m.
●	Managed the integration of two acquisitions into the financial protocols of Awin Group.
●	Management of the selection and implementation of the new ERP (€1m cost).
●	Sponsorship of the in-housing of seven Group entities’ accounting activities.
●	Leadership of the adoption of new IFRS (9, 15 and 16) for the Group.
●	Developed internal reporting / metrics to make performance easier to understand.
●	Improved the quality of the outputs of the finance team (more actionable insight, more reliable data, more timely information, audience-focused reporting).

#GroupFinanceDirector
#DigitalMarketing
#AdTech
#MarTech

Group Financial Reporting Director

Maintenance of records at Companies House and preparing relevant corporate governance minutes / papers.

Company Secretary (AWIN LTD)

Awin, formerly known as Affiliate Window, is the UK's leading affiliate marketing network with a reputation for innovation, technology, service, ethics and performance.  Awin provides performance marketing solutions for advertisers and has relationships with a comprehensive network of online publishers who use our services to monetise their sites.

Duties:

●	Responsibility for the financial management and operations of the UK and US businesses (two direct reports; 14 indirect reports).
●	Oversight of all financial and management reporting, including development of new reports and integrating with parent company’s reporting processes. 
●	Management and statutory / tax reporting.
●	Budget and forecasting.

Principal achievements:

●	Significant improvement in the engagement of finance with the rest of the business.
●	Introduction of zero-based bottom-up budgeting and monthly cost forecasts.
●	Migration and integration of the buy.at (a 2010-acquisition) finance operations to London.
●	Achievement of monthly financial close by working day 2.
●	Working capital management, including significant improvement in aged receivables (£43k bad debt allowance on £43m of Accounts Receivable at 31 Dec 2015).
●	Leadership of two office refurbishments and two office move projects.
●	Shortlisted for the 'Finance Team of the Year: Large Business' category at the 2014 Business Finance Awards.
●	Shortlisted for the Commercial Credit Team of the Year at the 2014 ICM British Credit Awards.

#FinanceDirector
#DigitalMarketing
#AdTech
#MarTech

UK and US Finance Director

DB Fiscal Limited

DB Fiscal Limited works with management to provide 'Constructive Challenge' and preparation / review of:

*  Business models
*  Operating models
*  Financial models  
*  Business plans
*  Business strategy

'Constructive challenge' is the concept of asking questions which help the client refine and improve their services and operations to ensure that the business is run as effectively as possible.  We do not know your business as well as you do but we have the ability to drill down through conventions and legacies to lead management to think about what provides the best return. 

It's about maximising your potential and ensuring your financial and operating models help you deliver this.

#BusinessAdvice
#BusinessGrowth
#Strategy
#BusinessAnalysis

Director

Cardinal Advisory Limited

Cardinal Advisory Limited provides professional services focused on: developing, reviewing and administering asset-holding structures; operational and management reviews; project management; and Family Office structures.  

As there was no CFO or Finance Director, I was the most senior person in Finance.

Corporate duties included:

•  Responsibility for the financial management of the Group companies.
•  Management of one PQ accountant.
•  Financial and management reporting. 
•  Performance management, including agreement of KPIs.
•  Budgeting / forecasting and variance analysis.
•  Cash flow forecasting.
•  Working capital and financial operations management. 
•  Treasury management (including liquidity and foreign currency).
•  Company secretary for all group companies.
•  Establishment of financial policies and procedures.

Client services included:

Responsible for the provision of accounting services to structures with aggregate assets of $1bn.  

•  Financial accounting and reporting of all client entities.
•  Investment accounting, reconciliations and reporting.
•  Assistance in the preparation of client Budgets.
•  Cash management and forecasting.
•  Liaison with trustees, entity directors, the investment adviser, banks, tax and legal advisors, administrators and accountants.

#FinancialManagement
#ManagementConsulting
#ProfessionalServices

Head of Finance

IQ-EQ

Engaged by Augentius Fund Administration (now IQ-EQ Fund Services) to model the life cycle of a property investment fund according to the client’s bespoke legal documentation.

#FinancialModel
#PropertyFund
#FundAdministration

Freelance Financial Modeller

Greater Pacific Capital

Greater Pacific Capital is a private equity group (FuM: $345m) with operations in the UK, India, Cayman Islands and Mauritius focused on investments in China and India.  

Reporting to the Managing Partners, key responsibilities included:

•  FSA (now FCA) Controlled Functions office holder (Compliance, Money Laundering, and Systems and Controls).
•  Director of the Fund’s special purpose vehicles.
•  Involvement in the detailed review and negotiation of a revolving credit facility.
•  Reviewing the work of the Cayman Islands and Mauritius fund administrators.
•  Co-ordinating the audit of all the entities in the Fund structure. 
•  Involvement in the establishment of an Indian subsidiary.
•  Preparing management accounts, statutory accounts, regulatory returns and tax returns.
•  Preparing the Budget and long-term plan.
•  Writing operational policies and procedures, and internal risk assessments.
•  Liaising with tax, compliance, legal, audit and other professional advisers. 
•  Procurement decisions including achieving cost savings through review and termination of unnecessary services.
•  Involvement with HR matters including review of the employment manual, employment contracts, and establishment of a stakeholder pension scheme.
•  Preparing legal documents including minutes and Companies House filings.

#FinanceDirector
#PrivateEquity
#InvestmentManagement

Finance Director

Senior Finance Leader (CFO, Finance Director, Head of Finance) | Accounting & Controls / Analytics & Reporting / Finance Projects

I am an experienced Chartered Accountant (FCA / ACA) and Corporate Treasurer (AMCT) who enjoys supporting Founders / CEOs / CFOs / Execs at small / medium organisations to scale by leading high-performance finance teams and owning administrative / compliance tasks.

I have worked at senior finance level for many years delivering the following:
+ Enabling profitable revenue growth, mitigating risk, and optimising costs
+ Partnering with senior management
+ Coaching, mentoring, motivating finance and non-finance staff
+ Developing reliable and usable financial modelling
+ Providing insightful financial and non-financial reporting
+ Improving cash and working capital management
+ Finance function development and improvement
+ Finance systems architecture, research, selection, and implementation

The career achievements I am proudest of:

1)  I have a track record of creating and developing high-performance finance teams:
- Improving the quality of the finance team's outputs (more actionable insight, more reliable data, more timely information, audience-focused reporting); 
- Streamlining processes; and 
- Enhancing service levels offered to internal and external customers.

2) Mergers & Acquisitions support and post-deal integrations 

Support of M&A activities (buy side and sell side) of two transactions with an aggregate value of €145m, and led a €25k acquisition.

Managed the integration of acquisitions (3x) into the financial protocols of Awin Group.

3) Implementation of a new Awin Group ERP system

I researched suitable ERP systems, which led to me proposing, architecting, and project managing the implementation of Microsoft Dynamics AX 2012 R3 (€1m cost). 


Please feel free to drop me a DM if I can help you and your organisation.

+++

#CFO
#FinanceDirector
#GroupFD
#SMEFD
#CommercialFD
#GrowthFD
#TechFD
#GroupFinancialController

taplio

The Battle

Adam Tzagournis, CPA

Kevin Collett FCA AMCT

Followers

Posts

Engagements

Likes

Ready to grow your LinkedIn presence?