Matty Ryan

Költő u. 26/A, 1121 Budapest, Hungary.

+36 30 6816888
matty.ryan@t-online.hu
http://hu.linkedin.com/in/linkedincomcvsummaryprofile

Experienced International Finance Executive

Senior Finance Leader with 25+ years international experience in the high tech sector. Highly experienced in
successfully managing growth, crisis and turnaround situations in diverse geographies and cultures. Proven track record
building strong Finance and Administration teams. Excellent leadership and communication skills. Strong pan-territory
project management skills. Results driven with good balance between creativity and control. Team player whose
experience traverses Finance roles in Manufacturing and Sales, covering Hardware, Software and Services. Chartered
Management Accountant with a business focused MBA.

Parachuted into Digital Finland, Digital Hungary and Compaq Poland to make major structural changes, in high pressure
situations. Fixed the underlying control weaknesses and created strong Finance Teams.
Achieved 50% productivity gains by successfully aligning the EMEA Enterprise Business and Controllership Balance Sheet
Review processes. Eliminated 40 reviews annually and additionally saved 2 hours per Country per Quarter.
Merged and integrated the Digital, Tandem and Compaq entities in Hungary in a seamless manner and achieved cost savings of
25% in 4 months.

Employment History - Interim Management

AVG Technologies Jun 2010 – Dec 2010
Senior Finance Manager. GSA (Global Strategic Alliances) Contract Management.
AVG Technologies is a global leader in security software, protecting more than 110 million consumers and small business computer
users in 167 countries. Annual revenue of circa $250m and 700 employees.
GSA is a start-up business chartered to deliver strategic business wins with a select group of named partners in targeted segments
to drive “needle moving” impact to AVG’s business. Additionally, to develop strategic technology partnerships to enable AVG to
extend or compliment its solutions offerings to meet customer needs, explore new frontiers and defend against competitive
moves. Finally, to create highly leveraged sales and distribution channels for AVG to drive incremental bookings and penetrate new
markets via Distribution, OEM, re/co-branded partnerships or other go-to-market initiatives tied to Strategic Alliance relationships.
Assignment was to develop and implement an end-to-end Contract management process, working with Finance, GSA and the
relevant cross-functional teams, to achieve ‘quantum’ improvements in speed and ease of execution. Reported to the VP Finance,
Corporate Controller and the Group Financial Accounting Director.
Developed and implemented a streamlined Contract management process that is compliant, transparent and not onerous for
the size of the business and the speed at which GSA needs to function to win and support the business.
Simplified and standardized the Deal Desk process.
Ensured all draft contacts were clean and correct before going to the Partners for review/redline.
Packaged the Deals for Corporate Controller/CFO/CEO approvals.
Developed and maintained a tracking system to enable visibility to the current status of each open deal on a weekly basis.
Set up a mechanism to capture invoiced and revenue values for each signed deal and leveraged same to facilitate variable
compensation calculations/payments.

Hewlett Packard (HP) Nov 2004 – May 2010

-- Program Lead. EMEA Enterprise Business Fair Value. Nov 2006 – May 2010
Enterprise Business includes ESSN (Enterprise Servers, Storage & Networking), HPSS (HP Software & Solutions), TS (Technology
Services, old Digital ‘support/maintenance’ business) and ES (Enterprise Services, formerly EDS - outsourcing business). Annual
revenue of circa $22bn. Fair Value is a set of complex Revenue Recognition rules. Reported initially to the EMEA Enterprise Business
Finance VP, then the EMEA Enterprise Services Finance VP and finally the WW Enterprise Business Finance Policies & Compliance
Manager.
Early adopted EITF 08-1 in FY09 for Enterprise Services, just seven weeks after FASB ratification in September 2009.
Modelled the ‘Best Estimates’ and released the Revenue Deferrals for all EMEA ES outsourcing contracts determined as
‘signed, renewed or significantly modified’ in FY09
Established the VSOE (Vendor Specific Objective Evidence) preferred methodology for all non-ES EMEA Fair Value
workstreams.
EMEA was compliant on all EB Fair Value work streams. No revenue deferrals were required for EMEA EB because of an
absence of Fair Value.
Operated a ’no escalations & no surprises’ business model. EMEA was viewed as ’best in class’ within HP.
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 Established and ran the EMEA EB Fair Value Forum to keep Senior (VP and Direct Reports) Finance Management informed.
Designed & implemented pricing controls. Implemented corrective actions in cases where compliance was deemed to be in
danger. Managed the internal and external EMEA FV Program Audits.

-- Program Lead. EMEA Balance Sheet Review Alignment. Dec 2005 – Oct 2006
Partnered with EMEA Controllership to align the Enterprise Business and Controllership Balance Sheet Review processes. Reported
to the EMEA Enterprise Business Finance VP.
Achieved 50% productivity gains by successfully aligning the EMEA BSR processes. Eliminated 40 reviews annually.
Provided standard BSR reports for all Accounts to all Countries. Eliminated all non-standard reports.
Saved 2 hours per quarter per Country by implementing a macro to automatically fix Compass (SAP Project Accounting
module) account ageing issues which previously had to be reworked manually.
Achieved 50% improvement in service levels by aligning the Bangalore centre with the Countries and the Country needs.

-- Program Lead. EMEA Enterprise Business Sarbanes-Oxley. Aug – Nov 2005 + Aug – Oct 2006
Reported to the EMEA Enterprise Business Finance Policies & Compliance Manager.
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EMEA was the only Region to report zero Red scores and the 1 region to close out the testing.

-- Program Lead. EMEA ESSN Contra-Revenue Reserves. Mar 2005 – Jul 2005
Assessed EMEA contra-revenue Balance Sheet reserves to address noted weaknesses, simplification and standardisation across
Business Units and Countries. Reported to the EMEA ESSN Finance Director.
Fixed the weaknesses. ImplementEd standardised processes & clear Policies & Procedures.

-- Finance Lead. ESSN Manufacturing Outsourcing Nov 2004 – Feb 2005

Represented EMEA ESSN Finance in a high-level assessment of the logistical and financial feasibility of outsourcing EMEA ESSN
manufacturing operations, as part of a worldwide outsourcing initiative. Reported to the EMEA Enterprise Business Finance VP.

Ernst & Young Dec 2003 - Oct 2004

Regional GFIS (Global Financial Information System) Project Director .
Responsible for the deployment of the GFIS web-based Engagement & Accounting system in E&Y Hungary, Czech and Slovak
Republics, Croatia and Slovenia. Reported to the Regional CFO, based in Prague.
Rollout implemented on time and within budget.

Employment History - Permanent Career

Compaq Computer Corporation (acquired by HP in 2002) 1998 - 2002
Finance & Administration Director, Compaq Hungary 1998 - 2002
Managed Accounting, FP&A, Credit & Collection, Treasury, Business Controls, Facilities, Purchasing, IM, Financial (Leasing) Services
with a staff of 24 people. Reported to the Country Manager and Regional CEE Finance Manager. Annual turnover of $150m
Always delivered or exceeded budget and attained # 1 market share position.
Merged and integrated the local Compaq, Digital and Tandem organisations, in conjunction with CEO. Achieved cost savings of
25% in 4 months.
Consistently recognised as a leading Subsidiary and used as a performance and profitability benchmark by Regional
Management. Achieved top class Internal Audit ratings, with no business disruption.

Acting Finance & Administration Director, Compaq Poland

‘Stretch assignment’ to solve a crisis situation in Poland in 2002.
Stabilised Finance. Re-established business basics and closed the specific control issues.
Partnered with the Acting Country Manager (Compaq EMEA VP) to reengineer the business, solve employee morale and PR
issue and consolidate relationships with suppliers and customers.
Prior.
Digital Hungary F&A Manager (1993 to 1998). Won the ‘Best EMEA Finance Team’ award in 1997.
Digital Hungary Assistant Controller (1992 to 1993).
Digital Finland Assistant Controller (1991 to 1992).
Digital Galway Hardware Operations Finance Manager (1988 to 1991).
Digital Galway Software Financial Analyst (1984 to 1988).
Atari Ireland. Budget Lead (1983 to 1984).
Kerry Co-Op. Trainee Accountant (1980 to 1983).

Education/Qualifications
MBA Strathclyde Graduate Business School - Glasgow 1992
FCMA (Fellow) Chartered Institute of Management Accountants 1987
B. Comm. University College Cork 1980
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