Nicholas Townsend

Head of Forecasting & Investments at InterGen

Greater Edinburgh Area

About

A commercially focused chartered accountant with strong analytical and communication skills. Process management and financial modeling experience support a strong record of delivery

Experience

  • InterGen (6 yrs 10 mos)
    • Head of Forecasting & Investments
      Jan 2024 - Present · 2 yrs 6 mos

    • BPA Reporting Manager
      Sep 2019 - Mar 2024 · 4 yrs 7 mos

  • Transaction Services - Associate Director at KPMG UK
    Jun 2015 - Sep 2019 · 4 yrs 4 mos

    Working on a variety of buy and sell side due diligence projects across Scotland and the UK.

  • Head of Investment & Planning - UK & Netherlands at Centrica Energy Exploration & Production
    Nov 2013 - May 2015 · 1 yr 7 mos

    Responsible for co-ordination of business planning, project and portfolio economics. Leading a team of petroleum economists and finance professionals in providing high quality decision support to business leaders, asset managers as well as project and sub-surface teams. Key achievements included the design, development and roll out of new business planning and capital allocation processes. This involved managing stakeholders at all levels in the business from divisional senior management to junior operational staff across a wide variety of disciplines.

  • Centrica Energy Upstream (3 yrs 11 mos)
    • Strategy Analyst
      Jan 2012 - Nov 2013 · 1 yr 11 mos

      Responsible for long term portfolio modeling and scenario analysis. This includes presenting analysis, commentary and conclusions to local MD, FD and Strategy Director. Heavily involved in writing materials for CEU management's strategic reviews with Group executives (including Group CEO and CFO). Key link between CEU Strategy team in Aberdeen and the teams at Centrica Energy and Group levels in Windsor. Counsellor for two ACA students on the Centrica graduate programme.

    • Senior Accountant
      Jan 2010 - Dec 2011 · 2 yrs

      CEU launched in Jan. 2010 following the merger of UP&D and Venture to create a £1.5bn turnover (50 mmboe p.a.) business with six regions in five locations spread across four countries. Designed and implemented new forecasting and performance management process. This included: Co-ordination and close support for regional finance teams Analysis of and commentary on regional submissions for CEU management team Financial model design, roll out and training Managing relationship with CE business unit in Windsor head office As a result the business delivered its first bottom up three year forecast within a few months of being launched allowing management to see the performance and shape of the new organisation for the first time Responsible for subsequent monthly and quarterly financial reforecasts and delivering continued process improvement including: Full rebuild of UK tax models in 2011 Design and build a detailed gross cost forecasting model for Dutch region to allow them to better integrate their external deliverables to JV partners with internal forecasts Heavily involved with 2011 forecasting process improvement project including managing involvement of external consultants The project delivered a blueprint for future automation of the forecasting process, including a shortlist of potential software suppliers.

  • Finance Analyst at Centrica UP&D
    May 2009 - Dec 2009 · 8 mos

    Responsible for consolidation and analysis of actual and forecast submissions from regions Delivered new monthly management review process Dealt with steep learning curve despite no prior oil & gas experience Chose to move to Aberdeen following Group's purchase of Venture to build on the first few months in the oil & gas business