Michael Pay FCA

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Michael Pay FCA

Michael is a qualified accountant who applies his professional skills in a commercial environment. He has been a director of EMC since 1999 and is a lead member of our Corporate Finance team. He also heads up our valuations group.

As an interim finance director and non-executive director he works with companies to maximise stakeholder value over the medium and long term. He also carries out one-off business advisory projects with particular experience on bank reviews. Michael has worked in and advised fully-listed, AIM-listed, private equity-backed and privately owned companies from start-ups through to £100m+ turnover businesses.

Specialist Disciplines

Sector Experience

Assignments have included a high level of overseas work, as CFO for a US subsidiary of a UK business, as a board member of a UK business’s Japanese subsidiary and as interim European finance director for the UK-listed Laird Plc working in France, Germany, Sweden, Hungary and the Czech Republic.

Michael is a commercial finance director, advising Boards and working with them to develop and achieve the businesses’ objectives. This includes acting as part-time finance director for RDF Group Plc, an AIM-listed technology services business, and as part-time CFO for a Sunday Times Fast Track-nominated retail technology business. Using the experience gained in these and similar roles, he applies the knowledge learnt to provide hands on transactional support to companies carrying out sales and acquisitions.

Recent assignments have included the sale of a leading publishing business to a French owned buyer and advising the buyer on the purchase of a mechanical engineering business,

Michael is a member of the Institute of Chartered Accountants' Finance & Management Faculty and Valuations Faculty.

Prior to EMC

After leaving Brighton University, Michael joined a medium tier accountancy practice in 1992 and qualified as a Chartered Accountant in 1996. During his time there, he concentrated almost exclusively on corporate advisory roles, working on international taxation, corporate recovery and mergers and acquisitions.

Projects included assisting with the disposal of a property company for £20 million and advising as part of a team on the hostile takeover of a £60m turnover Plc by a private limited company.

After qualifying, Michael was asked by EMC to join the team, having crossed paths on a variety of assignments and successfully demonstrating his commercial input to the projects.

General Background

Michael was born and educated in Sussex and enjoys rugby, cricket, golf, climbing and all forms of motorsport.

 

WHAT OTHERS SAY ABOUT MICHAEL

"Michael was an integral part of our European Regional Management team. He provided financial guidance regarding operations and reporting. Michael was detail oriented and provided support and guidance for daily issues and also an overall perspective to managing working capital and operating cash flow."Rosemary Finnegan, VP,Finance Planning and Reporting , Laird Technologies

"I have known Mike for a few years and have always found him to be extremely personable and great to deal with. He has a depth of corporate experience and I would have no hesitation in recommending him." Chris Rigby, Managing Partner , Clydesdale Bank Plc , Brighton [was with another company when working with Michael].

"Mike has excellent financial business acumen and is also great company. He has his finger on the pulse and is commercially savvy in a highly professional way. I worked with him at RDF where he played a key managerial role in some sensitive situations and achieved the required results. I would recommend him to anyone looking to start or grow their business." Andrew Pigott, Senior Business Consultant , RDF Group

"A true consultant, Mike sports a perma-tan and was saying 'we' and 'us' almost as soon as he'd stepped through the door. But it wasn't long before we realised what an amazing asset Mike is to Skoosh and, having polished our accounts into shiny working order, 'we' now discuss all aspects of the business together. Out of Skoosh Mike can be seen in a crisp white shirt cruising the Mediterranean islands." Dorian Harris, MD, Skoosh.com

"Mike is a focused and talented professional who has both the detailed knowledge to understand financially complex situations and the creativity and flair to use that knowledge to come up with innovative solutions and proposals. Mike is a dynamic and positive individual who gets on well with his peers, manages effectively and has a very useful network of business contacts."Paul Jewell, COO, RDF Group PLC

"Michael is a dynamic business leader with an outstanding grasp of all things finance. Having worked throughout a variety of industry sectors, Michael is fast to learn the industry specific nuiances, whilst offering complete objectivity and a real desire to help create significant value for his clients. He is a pleasure to work with and a real asset both to EMC and his clients" Steve Beaumont, Senior Consultant , EMC Limited

"Mike is without doubt one of the best FDs I have had the pleasure of working with. He is a lot of fun to work with and he knows how to drill down into a P&L and get the best out of a business, creating a strategy for growth and profitability." Greg Horne, Sales Director , RDF Group PLC

"Mike is an expert in his field, a rare breed of director, financial genius coupled with an outstanding level of business acumen. On a daily basis his extensive business and financial insight was relied upon by our team, helping us shape some excellent engagement models with our clients, business relationships that always had ours and the company's financial interests at heart. Always very comfortable in his role, he would work his way through the most complicated tasks and come out with our business interests protected and quite often enhanced. And fun to work with too, a great laugh. A real asset to any serious business operation, hope I get the opportunity to work with him again." Steve Rackley, Senior Business Consultant , RDF Group