
Ted Wainman
Verified Expert in Management Consulting
Finance Expert
London, United Kingdom
Toptal member since June 9, 2020
A finance professional with a background in accounting (six years at EY) and financial services (six years at JPMorgan Investment Management), Ted has been working as an independent financial consultant since 2003. Providing financial consultancy to more than 275+ clients in over 35+ countries, Ted has designed, developed, and delivered training workshops on financial topics as well as strategy and leadership skills. Ted also has CFO and NED experience.
Career Highlights
Education Highlights
Certification Highlights
Case Studies
Expertise
- Financial Analysis
- Financial Management
- Financial Ratios
- Financial Training
- Strategy
- Training
- Training & Training Content Development
- Training Workshops
Work Experience
Financial Consultant
Cadogan Consulting Ltd
- Established a consultancy company that providing financial and management advising services to more than 275 clients in 35 countries.
- Designed an onboarding program for a European telco following a merger to align culture and values under a single brand. The program was run multiple times due to the effectiveness of accelerating cultural change in the organization.
- Designed, built, and delivered a two-week training workshop for the C-suite and senior leadership team as part of a change program in a universal banking transformation project to create a universal bank in the Middle East with a 95% approval rating.
- Implemented a new budgeting process for a Middle Eastern bank to align the budget output with the strategic objectives and operational tactic, leading to a 15% saving in budget preparation time.
- Redefined and implemented new KPI and KFI reporting for a payments-processing organisation in the Middle East. Cash flow forecasting enabled the company to identify potential cash flow shortfalls and take corrective (fundraising) action.
- Rescoped the finance team and the role of the financial controller for a medium-size business based in London but operating in eleven countries. Redefined the business processes leading to a 99% improvement in the accuracy of management information.
CEO
Talk Financials Ltd
- Designed, developed, and delivered financial and non-financial workshops—working with over 275 clients in more than 35 countries.
- Designed various financial workshops including: "Finance for Non-Financial Managers," "Certificate in Financial Control," "Advanced Financial Statements Analysis," and "Strategic Thinking & Planning."
- Developed various financial workshops including "Finance for Non-financial Insurance/Banking Professionals," "Global Macro Economics," "Understanding the City and Global Financial Markets," "Behavioural Finance," and "Business Dynamics."
- Delivered non-financial workshops including "Written Communication Skills," "Presentation Skills," "Negotiating Skills," "Persuading & Influencing Skills," and "Leadership & Team Management Skills."
CFO
Doubletake Studios Ltd
- Established, as a regional director, the first branch of the company outside of London. Achieved profitability within six months and grew the business to £1 million turnover within the first year.
- Set up, as the finance director, the finance function from scratch—bringing it in from external accountants. Defined the finance processes and implemented management accounts reporting—leading to an 18% improvement in profitability.
- Established a finance team (F/C, A/R, A/P, and so on)—improving cash collection by 30 days and decreasing bad debts by 9% which reduced expenditure by 3% due to authorization limits introduced.
- Implemented annual budgeting process and month-end for producing accurate management information. A devolved financial responsibility led to an increase in profitability of 24% over three years.
- Led, as CFO, a successful £2.6-million equity fundraising process to raise additional funds for expansion to two more UK cities.
- Oversaw, as a non-executive director, the expansion to two additional cities in the UK. The top line grew by 245% over two years and profitability was improved by 135%.
Financial Controller | Head of Financial Planning and Analysis | Head of Internet Marketing
JPMorgan Investment Management
- Established financial controls and processes for the finance team, leading to cost savings of £1.8 million p.a.
- Managed the financial control team of eight individuals, including the FA register and accounts payable teams.
- Managed the month-end reporting process and the production of management information. Highlighted non-profitable products and increased profitability by 25% due to fundamental change in MI reporting.
- Oversaw the yearly budgeting and planning process and reduced the budgeting timetable by two weeks.
- Worked with business units to improve profitability and operational decision making. and reshaped sales bonus scheme to increase sales and profitability by 7%.
- Developed the company's online presence including `project managing the eCommerce project. The project was delivered 5% under budget and one week early.
- Completed a company-sponsored MBA program and graduated with merit at the top of the class.
Audit Manager
Ernst & Young
- Ran multiple audit teams simultaneously at various clients' sites and implemented new audit software to improve the efficiency of audits by up to 10%.
- Responsible for sourcing and managing audits including liaising with clients and audit teams; recommended business process improvements with estimated cost savings of £10,000 to £150,000.
- Worked in a wide range of companies including leading the audit for De Beers and acting as the client lead and arranging an overseas audit in Lichtenstein.
Education
Masters in Business Administration (MBA) Degree in Financial Services
Royal Holloway, University of London - London, United Kingdom
Bachelor of Arts Degree with Honors in Politics, Philosophy, and Economics
University of East Anglia - Norfolk, United Kingdom
Certifications
Associate Chartered Accountant (ACA)
Institute of Chartered Accountants in England & Wales (ICAEW)
Skills
Geographic Expertise
EMEA, Middle East, European Union (EU), Africa
Finance
Investment Portfolio Management, Financial Modeling, Financial Planning & Analysis (FP&A), Forecasting, Revenue & Expense Projections, Three-statement Modeling, Financial Management, Finance Strategy, Valuation, Cash Flow Forecasting, Cash Flow Modeling, Equity Financing, Convertible Debt
Output Software
Apple Keynote, Microsoft Excel, Microsoft Word, Microsoft PowerPoint
Industry Expertise
Telecommunications, Global Economics
Other
Training & Training Content Development, Financial Training, Training Workshops, Financial Analysis, Financial Ratios, Strategy, Training, Investments, Process Redesign, Business Models, Audits, Financial Controls & Processes, Business Analysis, Finance, Financial Consultation, Trading, Cisco Webex Meetings Server, Zoom, Slack, Company Analysis, Budget Modeling, Break-even Analysis, Debt Financing, Financial Forecasting
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