Suggestions
Tim Poonan
Chief Operating Officer New Zealand at Fisher & Paykel Appliances
Professional Background
Tim Poonan is a distinguished Executive leader with over 20 years of experience in high-growth global businesses. His impressive career has been characterized by a commitment to enhancing rigor across various domains such as accounting and finance, risk management, commercial planning, and technology development. As the Chief Operating Officer for Fisher & Paykel Appliances in New Zealand, Tim leads the company's operational strategies, ensuring alignment with its mission to deliver innovative appliances worldwide. His previous role as General Manager of Global Commercial Finance at Fisher & Paykel Appliances afforded him the opportunity to be influential in setting pricing strategy across the global distribution business units, showcasing his expertise in commercial finance.
Throughout his career, Tim has worked with esteemed organizations including The Loop Duty Free, Les Mills International, and KPMG. His rich experience has enabled him to lead or provide advice to large and complex entities, managing multi-site and cross-functional teams, while presenting to international boards. His positions have afforded him the ability to develop strategic commercial relationships that have been instrumental in driving business growth.
Education and Achievements
In terms of educational qualifications, Tim Poonan pursued a Bachelor of Commerce (BCom) in Accounting and Commercial Law, and later a Post Graduate Diploma in Commerce, Management & Employment Relations, both at the University of Auckland. Additionally, he is a qualified Chartered Accountant through Chartered Accountants Australia and New Zealand, which underpins his profound understanding of financial regulations, standards, and best practices.
Tim's accomplishments in financial leadership roles are notable and varied. He has previously served as the Head of Finance at The Loop Duty Free, where he was responsible for leading finance operations and strategic direction. His role as Commercial Manager and Group Financial Controller at Les Mills International further enhanced his skills in managing diverse teams and overseeing complex financial transactions. Furthermore, his tenure at KPMG as a Senior Manager in Taxation Consulting and Audit Supervisor has equipped him with solid insights into corporate governance and compliance, making him a trusted advisor for businesses navigating these complex areas.
Key Expertise and Areas of Focus
Tim's expansive skill set encompasses a wide array of expertise that is essential in today’s dynamic business environment. Some of the areas where he excels include:
- Corporate Strategy: Developing and implementing forward-thinking strategies that align with overall business objectives.
- Business Planning: Financial forecasting and planning to ensure sustainable growth and profitability.
- Risk Assessment: Identifying potential risks and designing mitigation strategies to safeguard the organization.
- Governance: Ensuring adherence to regulatory requirements and establishing robust governance frameworks.
- Commercial Negotiations: Engaging stakeholders effectively to reach mutually beneficial agreements.
- Stakeholder Engagement: Building and nurturing relationships with key stakeholders to support transformative initiatives.
- People Leadership: Cultivating a collaborative culture, motivating teams, and aligning staff with organizational goals.
- International Tax Structure: Structuring taxation frameworks that optimize overall tax obligations in global operations.
- Acquisitions and Mergers: Guiding organizations through transformative events such as mergers and acquisitions with expert financial oversight.
- Revenue Protection and Growth: Implementing strategies that safeguard existing revenue streams while seeking new opportunities for growth.
- Change Management: Leading organizations through periods of change with an emphasis on communication and stakeholder buy-in.
- Financial Management: Managing financial reporting, compliance, and overall financial health of organizations.
Conclusion
Tim Poonan’s extensive background in executive leadership and finance positions him as a valuable asset for any organization, particularly those looking for expertise in operational efficiency, strategic planning, and financial governance. His ability to spearhead significant projects, manage talented teams, and drive organizational goals demonstrates his commitment to success within the corporate landscape. Tim's career path reflects a dedication to advancing business performance and fostering environments where innovation and collaboration thrive.