Other Selected Past Experience of Damien Pound

• Acted as the Director of Budgets and Financial Management for the Department of Sustainability and Environment (DSE) over a six month period which involved managing the control of DSE’s $900 million budget, business process improvement and cost savings identification and implementation.

• Project managed the provision of International Financial Reporting Standards implementation advice to a range of Victorian Public Sector agencies.

• Developed and delivered an accrual accounting training course to the Department of Education & Training.

• Provided due diligence advice to the Department of Treasury & Finance and the Department of Innovation, Industry and Regional Development regarding the privatisation of Business Services Agency and Overseas Projects Corporation of Victoria Ltd.

• Directed a complete back office process review and developed a customised investment Economic Value Added appraisal model for Clemenger Communications Limited. The project comprised facilitating key management, identifying opportunities for process improvement, determining an appropriate business unit reporting structure, developing performance measures and rates of return thresholds, considering Clemenger’s debt/equity requirements and reporting to the Clemenger Board of Directors.

• Managed the provision of financial due diligence services to Northern Ireland Electricity Plc and BZW Investment Bank for their combined $2.7 billion bid for PowerNet Victoria. The project comprised the preparation of detailed time lines and deliverables for the bidder, supervising and reviewing key financial data that impacted the bidder’s proposed purchase price, presenting to the due diligence committee, advising on Australian and United Kingdom accounting standards, review of a 35 year base case financial model and liaison with the Victorian Auditor General’s Office.

Curriculum Vitae

Please contact E34 for a copy of Damien’s CV that outlines his experience in more detail.

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