Dean Butler

CFO - UTS Carrier - U.A.E. (JV with United Technologies)
Distribution and maintenance of air conditioning equipment Building automation and energy services for the building lifecycle
Sales = $ 220 M

• Strong partnership with Sales organization to help grow business by 30%
over 3 years (2013-2015)
• Outsourced non-value add finance roles (Accounts Payable) to gain efficiencies and cut costs (-15%)
• Managed the debt;equity ratio to acceptable levels by revising dividend distribution policy
• Increased banking relationships (3 to 5) substituting partner funding
• Implemented business line P & L segmentation including measurable balance sheet KPIs allowing differentiated business line incentive plans
• Led the Finance SAP upgrade implementation team and managed the overall costs ($ 2.5 M) within budget

Involved in all strategic, financial, legal, and, operational aspects of setting up a retail business in the U.A.E.

CFO - Majid Al Futtaim Ventures - U.A.E.
Major Middle-East/North Africa regional player in Shopping Mall/Mixed-Use Development, Retail (Carrefour), Leisure/Entertainment (Ski Dubai/Magic Planet/PlayNation/VOX)
Sales $ 275 M (Leisure/Entertainment division)

• Worked on key strategic projects to help turnaround (Fashion) or grow businesses (Cinemas, Leisure)
• Opened 12 Fashion stores (closed 30), 40 Cinema screens, and, 2 leisure zones
• Launched new businesses (Financial services including a credit card, a candy concept, a clinic)
• Build up the Finance function as the company was growing and in weak financial health as well as having a severely compromised control environment. Introduced management reporting systems, built up the Risk Management and IT functions, initiated projects such as the revamp of Policies and Procedures throughout the businesses
• During my tenure revenues grew more than 60% with EBITDA margins growing from 13% to 18%

Regional Finance role

WW Products and Marketing Controller (based in France)

Regional Finance role

Corporate Restructuring Director, (based in France)

E-Business/Global Services Controller (based in France)

Controller (based in France)

OTIS ELEVATOR INTERNATIONAL

Controller Europe (based in France)
Assistant CFO (based in Switzerland)