David McGuane
Dubai
Summary
As a forward-thinking finance and operations leader with over 13 years in the industry, career is marked by a dedication to shaping and guiding financial and operational strategies within the fast-evolving world of financial services. Serving as the Head of Operations and Finance for multiple organization, the privilege of overseeing the comprehensive financial operations and steering the strategic business direction. Central philosophy is the belief in continuous improvement and teamwork. An advocate for using technology to enhance efficiency and implement new financial management systems and processes that significantly save labor hours. Major focus on optimizing relationships with external providers has not only improved our revenue but also fostered a network of robust, mutually beneficial partnerships. As I look forward, I am eager to explore new challenges and opportunities and leverage my passion for driving strategic financial leadership and innovation in dynamic, growth-oriented environments. To learn more about me and my work, feel free to drop a DM.
Overview
14
14
years of professional experience
Work History
Finance Officer/Head of Finance
Finsbury Wealth, DIFC
11.2022 - Current
- Developed and successfully submitted the regulatory business plan for Finsbury Wealth DIFC Ltd, achieving approval for the Finance Officer role by the DFSA. - Managing all regulatory reporting responsibilities to the DFSA, including quarterly Prudential Reporting and annual audit compliance. - Authoring and maintaining both three and five-year business plans, ensuring continuous alignment with regulatory standards. - Actively engaging in both internal and external audits, ensuring adherence to all regulatory requirements and standards. - Implemented the Wealthcraft system and acquired proficiency in compliance systems like World-Check to enhance operational efficiency. - Consistently updating knowledge on regulatory changes, working closely with the MLRO and compliance officer for compliance alignment.
Head of Finance
Beneple
06.2016 - Current
- As the Head of Finance at Beneple, I've been instrumental in navigating the company through significant regulatory changes and business model shifts from our entry into the corporate insurance space
- My role involves overseeing commission-based remuneration systems, managing payroll, forecasting, P&L management, and leading regulatory reporting
- I've been pivotal in developing strategies for revenue growth, risk management, and regulatory compliance.
Head of Finance
BSTG
07.2014 - Current
- At BSTG, I oversee a diverse portfolio of companies, including Beneple DMCC, FAEU Insurance Brokers LLC, Finsbury Wealth (DIFC) Ltd, and SafeHands First Aid Training
- My responsibilities encompass strategic financial planning, regulatory compliance, and leading key acquisitions
- I'm dedicated to enhancing financial systems and processes, ensuring optimal operational efficiency.
Head of Finance
Finsbury Associates
07.2014 - Current
- Oversaw comprehensive financial planning, modeling, reporting, and budgeting, with a focus on long-term strategic growth. - Developed a custom indemnified commission risk calculator to manage and track indemnity liabilities effectively. - Managed and enhanced relationships with external providers, negotiating incentives and commission rate increases to boost revenue. - Played a key role in identifying and negotiating with providers to optimize business relationships and revenue enhancement strategies. - Led the sourcing, testing, and implementation of a new financial management system, significantly improving operational efficiency. - Guided Beneple through the BOD-49 regulatory change, transitioning to a recurring fee-based model while establishing a profitable Corporate Insurance arm. - Accountable for ongoing development and maintenance of the financial system, saving the company 15 labor hours weekly.
Brokerage Analyst
Merrill Lynch
11.2010 - 08.2012
- In my role, I led a team managing daily brokerage invoice processing and reconciliation, handling about $10 million monthly
- My responsibilities included analyzing month-end postings, monitoring fee schedules, and improving payment processes
- I focused on enhancing efficiency and accuracy in financial operations, collaborating with global teams for strategic alignment.
Education
MSC - International Business
Dublin Institute of Technology
01.2009
Business and Entrepreneurship - Business Studies
Dún Laoghaire Institute of Art, Design and Technology
01.2008
Leaving Cert -
CBC Monkstown
01.2004
Skills
- Insurance Brokerage
- Board of Directors
- Financial Forecasting
Websites
Personal Information
Title: Head Of Finance
Salary Expectation
Currently drawing 47,500 with profit share
Expected salary: 55,000
Visa Status
Own Visa- Golden Visa
Reason to choose
He is a creative individual with sharp technical skills and a wealth of experience in developing financial strategies. He is not only an expert in his field but also possesses a keen desire to innovate and create new solutions. He is seeking a change to work in an environment where he can fully utilize his technical expertise and bring fresh, innovative ideas to the table.
Timeline
Finance Officer/Head of Finance
Finsbury Wealth, DIFC
11.2022 - Current
Head of Finance
Beneple
06.2016 - Current
Head of Finance
BSTG
07.2014 - Current
Head of Finance
Finsbury Associates
07.2014 - Current
Brokerage Analyst
Merrill Lynch
11.2010 - 08.2012
MSC - International Business
Dublin Institute of Technology
Business and Entrepreneurship - Business Studies
Dún Laoghaire Institute of Art, Design and Technology
Leaving Cert -
CBC Monkstown
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