Minimalist pitch deck

Nahim 2023 Promotion Presentation

START

Contents

01 · What are the 3 biggest achievements since joining Burman and how have they had a positive impact on the company?

02. What ideas do I have for the future of finance at Burman? 03. What are the biggest challenges Burman currently has within the finance department and how can we overcome them? 04. How do you see my role as a senior finance officer and how do you envision that department growing? 05. What development do you need to continue progressing?

Biggest Achievements since Joining Burman

Implemented AN effective In house Perm Policy - capable of dealing with over £1,000,000 at a time

Fitting in

HIT THE GROUND RUNNING

Created and rolled out an accurate COST-PER-HEAD spreadsheet aiding management to make accurate business decisions

Consultant Testimony

"Being able to Speak to you regarding any issue and knowing the issue will be sorted""Understanding that some things for me are business imperative, and taking the time out of your schedule to make sure my runners and clients are sorted instead of brushing me away to a later moment"

Contract Debt April 2023

£43,000

90 Day

£142,446.00

60 Day

£379,466.40

30 Day

*April 2023

Contract Debt Nov 2023

£12,717

90 Day

£47,484

60 Day

£202,340.22

30 Day

Accurate as of 24th Nov 2023

What IDEAS DO I HAVE FOR THE FUTURE OF BURMAN?

IDEA 1

• Two Seperate Teams
• One Person (myself) leading Burman Perm
• 2nd Senior (Vinny) leading Burman Contract and Solutions
• Each lead specializes in their own market
• Ensures Efficiency and Accuracy
• As the business grows, each Lead builds their own team, specializing them to be the best at their own market
• Similar Trajectory to our consultants - Each department has its own specialist allowing them to be the best at what they do in the market they are in.

IDEA 2

• TWO Seniors
• One works all of Burman's non-negotiables - Debt, Invoicing, Credit Control etc.
• 2nd Senior 100% Project Based
• Working on Analytics, Forecasting, Budgeting, Cost and Spend.
• In the simplest form, the best way to describe this method is one person focuses on existing business and the other works on growing the business

bIGGEST pROBLEMS WE HAVE IN THE FINANCE DEPARTMENT

40%

50%

30%

bEING PAID OVER PAYMENT TERMS

PO issues

Limited by software we use

Around 50% of contract debt relates to incorrect/no PO Around 40% of Perm Debt relates to this too.

The software we use now limits our progression and growth The software we use could be compared to that of a small-medium enterprise

Most clients have bad habits of paying invoices late.

SoluTIOnS

bUILDING RAPPORT with CLIENTS

New and Improved software

RE-ROLLING OUT po trainING FOR THE whole TEAM

Overhauling our onboarding form

speaking and knowing important people in important departments - gets things done quicker

Currently Limited with the software we use. As we grow we will need to use better software to get the most out of it.

Higher emphasis on our Po part of the onboarding process while also creating a policy document for consultants to send out with onboarding,.

created new training for the team taking everyone through what a PO is, the importance of a PO and why we need it

WHAT DEVELOPMENT I NEED TO CONTINUE PROGRESSING

bIG EMPHASIS ON COMPLETING MY acca QUALIFICATION'S

• ACCA takes on average 4.5 Years to complete

• I have already completed/exempt from 9 Exams
• Looking to start studying for ACCA in the new year
• Take a few hours in the week to sit and study for the exams

Why is this effective?

• As well as Personal development, allows me to take on a new role in the business
• Qualifies me to Bookkeep, Work Profit and Loss statements and gives me industry knowledge to provide you with Resolutions
• Allows us to keep more of the business in-house - Saving Money as well as being efficient

hOW DO I Envision the department growing

Grow the finance team

Vinny's Return - Team of 2

Current

Senior Finance Officer

Step 4

Step 3

Step 1

Step 2

Myself and Vinny build our own teams around contract and Perm - grow our respective teams continuously as the business grows.

Once Vinny returns, introduce a permanent plan mentioned previously

Continuously build the finance department here, building long lasting relationships with clients

Continue everything I was doing as a Finance officer but work with Jon in really analysing and breaking down everything money at Burman.

Defining MY ROLE AS A SENIOR

Wednesday

Monday

Tuesday

FRIDAY

THURSDAY

• Contract Debt chasing
• Requesting increases on credit limits
• Weekly Debt Call with Kirstie
• Perm invoicing
• Week Prior Receipts
• Action emails

• Perm Debt Chasing

• Perm Debt Report
• Perm Invoicing
• Weej Prior Receipts
• Action emails

• PO Chasing
• Action and send PO Debt report
• Action emails

• Consultant Expenses
• GP Report
• Weekly Commision
• Finalised Receipts
• Action emails

• Project Day!

Feedback/ questions?