Patrick Wallace
Financial Services Director @SNG (Sovereign Network Group)
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WORK HISTORY
Financial Services Director @SNG (Sovereign Network Group)
Basingstoke, GB
Finance Director leading a great team of circa 85 responsible for Financial services driving the business towards fully embracing a value for money mindset and maximise value add for SNG’s customers- Lead the statutory reporting, accounting and financial services teams ensuring that Sovereign Network Group (SNG) remains a financially strong and sustainable organisation- Working collaboratively with cross functional senior leaders to deliver SNGs Corporate Strategy-Driving the Finance transformation and integration of the financial services teams to overhaul and simplify the processes to deliver a best in class Finance team.Key achievements so far- established and restructured finance business partnering and financial accounting and planning teams- successful delivery of key Finance transformation projects implementing AI and automation to transactional high volume activities enabling cost efficiencies- Led and supported Board/C-Level stakeholders through 6 month due diligence exercise to successful merger with Network Homes ( Oct 2023)- Led first consolidated Budget and Annual Report for the newly merged SNG- Led cross functional efficiency programme delivering £5m ongoing operational savings per annum- Led SHPS DB pension bulk transfer simplifying SNG’s DB pension schemes and delivering c£30m cost avoidance.
EDUCATION
Brunel University of London
Bsc Hons, Mathematics and Statistics with Management
ICAEW
The Network of Finance Leaders development programme
ICAEW
ACA, ACA 1st time passes
SKILLS
ABOUT PATRICK WALLACE
A top performing Finance leader with 30+ years’ broad experience across FTSE100 blue chip companies encompassing telecoms, financial, professional service and social housing sectors. I am passionate about creating, leading and developing high performing teams and delivering significant positive business and Finance transformation through business partnering and using a collaborative style of leadership.I have a successful track record of providing trusted strategic advice to Board level across commercial and operational Finance roles, and business partnering to deliver key business improvement and turnaround.
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