Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
OperationsManager

Gian Rai

St Neots,Cambridgeshire

Summary

Accomplished finance and commercial leader with expertise in streamlining operational efficiency and delivering process improvements, implementing cost savings and revenue improvement plans. Leads teams through a strong business partnering approach, experienced at interacting and presenting to exec and supporting operational colleagues. Advocate of leveraging technology and data to support financial decision making.

Overview

18
18
years of professional experience

Work History

Financial Controls Consultant (Interim)

Middlesex University
Hendon, Barnet
07.2024 - Current
  • Key consultant within the finance transformation team (incl CFO and Director of FP&A) tasked to turnaround the university's financial stability including "going concern" by collaborating with the Exec, lenders, auditors and consulting firms.
  • Developed and implemented procurement and cost controls, aligning to the university targeted cost challenges enhancing operational efficiency, cost-effectiveness and empowering staff.
  • Worked on interchangeable deliverables and scope changes, such as providing line management and direction, up-skilled and reporting tools to a team of FBPs, resulting in delivery of enhanced reporting packs for exec and financial covenants for lenders.
  • Delivered cost controls across 15 key financial and commercial work streams across Treasury & Payroll , FP&A, HR, Management Accounts, AP and Business operational risks.
  • Collaborated with external consultants "EY" to build a 5 year strategic financial model lending itself to a recovery plan with the lenders.

Commercial Finance Consultant (Interim)

Home Office
London
01.2024 - 07.2025
  • Drive transformational change, operational excellence and a surplus through meticulous cost management, commercial insight, spearheading key initiatives and pricing strategy for sensitive and political contracts ranging from £140m to £600m per annum.
  • Hosted monthly reviews with customers previously absent, strengthening stakeholder relations through communication of financial reports and new models.
  • Completed multiple board paper highlighting discrepancies after reviewing contracts pricing resulting in underpayments of £250k to be recovered from customers.
  • Led cross-functional team meetings, ensuring alignment with financial objectives.

Director of Group Finance (Interim)

FCDO Services
Milton Keynes
03.2022 - 01.2024
  • Manage and provide strategic direction to the CFO covering Interim Director of Finance position (managing 18 finance professional incl 6 direct reports) team targeting accountability, budgeting and forecasting improvements and efficiency challenges.
  • Led monthly COO reviews (£240m Revenue) providing Exec papers in advance and bespoke analysis to follow up on previous month's actions.
  • This improved budget accuracy by 15% and identified over £500k in potential efficiency opportunities.
  • Led 3-year corporate planning process, delegating work streams and consolidating inputs from across the the entire finance organisation.
  • Completed special projects for the Board, including recommending annual price rises across contracts whilst safeguarding margins.

Head of Finance (Interim) -IT / Hosting

FCDO Services
12.2018 - 03.2022
  • Managed a high performing team of 6 direct reports delivering financial management and reporting for £70m in annual revenue across digital, hosting and technology projects.
  • Presented monthly financial results to the executive leadership teams at various boards, highlighting variances and drivers, risk, opportunities and margin look ahead
  • Empowered team members to propose innovative ideas and spearhead process enhancement projects.
  • Coached and mentored direct reports to maximise their potential through individual development plans, stretching assignments, and performance management. Several team members were promoted under my leadership.
  • Oversaw a major ERP systems transition whilst protecting margins and delivering new revenue streams, through inspiring calm leadership.

Finance Controller, (Interim)

Marshall Aerospace
Cambridge
07.2018 - 12.2018
  • Reduced monthly reporting timelines by 20% through process efficiencies and team priorities.
  • Introduced project-level financial KPI dashboards to provide real-time visibility for PMs.
  • Successfully oversaw the annual budgeting process, delivering a 5% reduction in operating costs for the budget year.
  • Lead for multiple director level approved business cases (economic & financial) for £4m Asia and Africa opportunities.
  • Improved and mandated requirements for completion of cash flow, financial metrics on future business cases by PMs as well as developing a standard pricing model table for managed services.

Finance Controller, (Interim)

MBDA
Stevenage, Hertfordshire
02.2018 - 06.2018
  • Managed a Defence portfolio exceeding £360m in revenue.
  • Delivered annual cost savings targets by 15% through cost reviews and process improvements.
  • Investment Evaluation – modelling acquisition targets and conducting due diligence with recommendations to stakeholders.
  • Improved team commentary and bridges on variances, completed board presentation packs and challenged senior PMs at reviews.
  • Reviewed and approved revenue recognition in line with IFRS standards, creating trackers for project visibility of milestones slippage and payment plans across complex commercial contracts.

Senior Finance Analyst

Avnet, Inc.
Stevenage
05.2015 - 02.2018
  • Managed all financial planning and reporting for Avnet's European operations spanning France, Belgium, Italy, Spain, the Netherlands, and Turkey, partnering closely with the regional Sales President on achieving gross sales of €800 million per year
  • Collaborated extensively with international Finance Controllers and regional CFOs to report revenue, margin, and working capital management across all EMEA customer accounts, juggling various international reporting timelines
  • Responsible for detailed variance analysis and flash reporting on deviations from plan identifying root causes and remedial actions
  • Conducted vital scenario modelling of market dynamics like pricing, competition, and macroeconomics to inform the Sales Vice President with thoughtful analysis and customer/supplier profitability reports evaluated during key executive strategy meetings

Senior Finance & Commercial Manager

Serco Plc
Peterborough
12.2012 - 05.2015
  • Directed a team of eight commercial professionals, responsible for delivering over £20 million in annual cost savings to key client Peterborough City Council
  • Prepared monthly forecasts of short-term and long-term EBIT alongside insightful commentary on accruals, risks, and non-compliance trends for senior exec.
  • Strategic leadership, establishing a benchmarking and financial framework to guide the team of Category Managers in achieving savings targets
  • Managed the annual budgeting process, providing alignment to the Serco integrated 5 year group business plan.

Senior Management Accountant

Network Rail
Milton Keynes
06.2011 - 12.2012
  • Led a team supporting month/quarter-end close financial reporting for site operations.
  • Analysed operational performance variances and drove detailed commentary for senior management on financial results.
  • Provided financial advice to site leaders on cost management initiatives, material procurement and labour analytics.
  • Oversaw financial statement controls including journal entry approval, accrual review, and balance sheet reconciliations.
  • Identified and delivered £200k annual procurement cost savings through telecom contract renegotiation and analysis.

Senior Project Accountant

Network Rail
London
04.2007 - 06.2011
  • Managed financial reporting for a £2bn portfolio of complex infrastructure projects, including Shard and London bridge station as business partner within a delivery team consisting of circa 250 staff.
  • Applied advanced project accounting methodology, contract accounting principles, and IFRS standards to complex commercials.
  • Developed sophisticated forecasting models to project revenue, costs, and cash flow for upcoming quarters.
  • Performed ongoing project health checks through detailed analysis of financial trackers, milestones, payments, contingencies, and accruals.
  • Led audit and validation of £10m monthly project costs through on-site financial reviews and data-driven validation of contracts.

Education

CIMA Qualified - ACMA, CGMA

BA (Hons) - Sustainable: Performance Management

Manchester Metropolitan University

Skills

  • Operational efficiency & process improvement
  • Business partnering skills interacting at board level
  • Commercial finance strategy development
  • Compliance & controls governance
  • Business intellect & agile thinking
  • Assertiveness and adaptability in budgeting control
  • Delivered and implemented cost savings plans
  • Diversified financial leadership that is not sector specific

Accomplishments

  • Implemented strategic planning enhancements to budgets ranging from £20m to £600m across the HE, public sector, FMCG, defence and travel sectors.
  • Mentored and upskilled finance business partners at Middlesex University by re-planning month end activities, developing system reports, process documentation and increasing customer engagement and accountability.
  • Delivered £20m procurement cost savings and associated cash flow within outsourced contracts at Serco and professional services savings at Middlesex university.
  • Spearheaded a team that delivered £1.0m in annual technology cost savings through process optimisation initiatives, post covid to meet anticipated board financial targets.
  • Led a restructure of the FCDO Services finance team, recruiting new talent, developing FPA skills and business partnering culture enabling team to support the business to deliver 15% revenue growth support year on year.
  • Confidence and presence at board level and SLT; delivered to Exec annual strategic commercial planning workshops prior to setting top line targets for budgeting.
  • Implemented pricing controls and strategy across public and private sectors improving profitability and governance.
  • Managed financials and stakeholders for Thameslink rail programme up to $2bn spend through analytical insight, change management, risk reporting and implementing KPIs.

Timeline

Financial Controls Consultant (Interim)

Middlesex University
07.2024 - Current

Commercial Finance Consultant (Interim)

Home Office
01.2024 - 07.2025

Director of Group Finance (Interim)

FCDO Services
03.2022 - 01.2024

Head of Finance (Interim) -IT / Hosting

FCDO Services
12.2018 - 03.2022

Finance Controller, (Interim)

Marshall Aerospace
07.2018 - 12.2018

Finance Controller, (Interim)

MBDA
02.2018 - 06.2018

Senior Finance Analyst

Avnet, Inc.
05.2015 - 02.2018

Senior Finance & Commercial Manager

Serco Plc
12.2012 - 05.2015

Senior Management Accountant

Network Rail
06.2011 - 12.2012

Senior Project Accountant

Network Rail
04.2007 - 06.2011

CIMA Qualified - ACMA, CGMA

BA (Hons) - Sustainable: Performance Management

Manchester Metropolitan University
Gian Rai