Lyndsay MacGregor, Tax Consultant at Deloitte in Manchester

17 February 2017 Consultancy.uk

Lyndsay MacGregor is a Tax Consultant in the Manchester based team of Deloitte, working in the Tax Valuation Group unit of the Global Employer Services Tax service line. She joined Deloitte in September 2007, immediately after leaving university and studied LLB Law at Strathclyde University. MacGregor reflects on her career at the Big Four firm, her roles on projects and how Deloitte supports her in making a social impact. 

What do you like most about your role?

The variety of work – our team provide valuation services to every department within the tax team. My valuations vary from huge corporate restructuring exercises, tiny minority shareholdings, and goodwill valuations to name a few. 

Working within a team – whilst I feel I have a lot of responsibility and ownership over the jobs I work on, I know there is a really strong team behind me who are always happy to provide advice and assistance on the tough projects. 

What didn't you know, but wish you had known when applying and joining Deloitte?

You will be bombarded with information in your first few weeks. There is a lot of training to get through and lots of new people to meet. For me, there was so much that it was impossible to remember everything. Luckily, you will be assigned a buddy who will answer any questions you have, no matter how silly, and work with you on your first few projects. 

Within the first couple of months, you will find your feet, feel part of the team and fluently speak in all those acronyms that initially baffled you!

Lyndsay MacGregor - Deloitte

What work do you get involved in on a day to day basis at Deloitte?

I have a very varied role, providing tax valuation advice across all taxes and all industries. My work is project based, and most of my valuations are completed within a month or two. This means that I get to work with lots of clients on a broad range of valuations each year. I normally have between 5 and 7 projects on at once, of varying complexity and size. Every valuation I do is a new learning experience as no two valuations are ever the same.

For each project, we will discuss the client’s objectives, gather information, review the sector and industry of the client, select appropriate valuation methodologies and lastly prepare the valuation. Following this, we follow up with a telephone call or meeting with the client to explain our valuation in more detail. I also regularly liaise with the Shares and Assets Valuation team at HMRC in respect of our client’s valuations. 

Aside from client work, I assist with planning and presenting at a number of seminars for the Tax Valuation Network. So far, I have presented in Manchester, Edinburgh and Birmingham and looking forward to presenting in other regions.

How do you deliver or contribute impact, leadership and innovation in your role?

My biggest contribution so far was when I spotted an opportunity to develop our tax valuation services in the Manchester office. I requested to join the national team as the Manchester representative and began working full time on tax valuations. This led to a new source of revenue for my team.

Shortly after this, I assisted with the introduction of the Deloitte Tax Valuation Network – a network of professional advisors, with whom we share knowledge and discuss valuation issues. This has really helped me to build a network of contacts within my area of specialism.

What social, society and CSR activities have you been involved with at Deloitte?

Lots! To name a few:

  • Help for Hero’s 26 mile hike;
  • 3 community days helping with gardening, painting and community activities in the local area;
  • Away days: murder mystery event, white water rafting, ropes course
  • 4 summer balls
  • 8 Christmas parties

There is always something going on, and you can be as involved in these events as you like.

How has Deloitte played a role in your long term career goals?

In my experience, if you work hard, you can progress very quickly at Deloitte. I have so far managed to achieve all of the career goals I have set, and still have a number that I want to work on in the future. My team has supported my career goals, and opened up opportunities for me to develop and achieve my objectives.

One of the benefits of joining such a large organisation is the options available if you find that your career is not following the path you wanted. Deloitte offers such a broad variety of professional services and I have found that they are supportive of internal moves, meaning that there are plenty of opportunities to change roles. I have friends who have moved into different service lines, moved regions and even moved countries whilst remaining at Deloitte. 

I have completed all of my professional exams, being the ATT and CTA, and I received a lot of support for this from Deloitte, including study days, tuition, exam materials etc. Lots of people had gone through the exams before me, so there were plenty of sympathetic ears and friendly advice!

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Robert Park on the launch of his consultancy RWG Enterprises

18 April 2019 Consultancy.uk

Following a lengthy spell as a General Manager at an international materials corporation, Robert Park was keen to rediscover his inner entrepreneur. With the launch of his new consulting firm, RWG Enterprises, Park spoke with Consultancy.uk to outline his hopes for the future of the company, and how he believes his boutique will be able to challenge the market.

Robert Park commenced his career in retail, taking up a string of General Store Manager positions with companies – including Poundstretcher and The Gadget Shop – before making the 2005 move that would lead him to a 13-year stay with Morgan Advanced Materials. First taking up a role as Production Supervisor with the organisation, Park quickly worked his way to the upper echelons of the group. By 2013, he held the role of UK Operations Manager for the company’s UK ceramic core business, Certech UK, before seeing out his final four years at the firm as General Manager, leading the senior management team and strategic direction of the business.

Despite his success with the firm, however, Park found himself getting itchy feet. A change of career seemed increasingly appealing, and by February 2019, the time to take a new path had arrived.

Park explained: “I was losing the ability to to use the entrepreneurial flair that I had enjoyed in the past; the organisation was moving more towards a structured and common approach for doing things, and that made me feel restricted. I also really enjoy the troubleshooting, problem solving side of my role. However, having been in my last post for four years, the troubleshooting and firefighting was long behind me. I realised that I am really energised by tackling difficult issues or turning around things that are clearly struggling.”

New consulting firm RWG Enterprises launches

His criteria for a new career seemed to point conclusively in the direction of management consulting, and while his CV has no formal experience in the sector, Park believes his career to date has provided him with a wealth of transferable skills. During his time with Certech at Morgan Advanced Materials, he became a Senior Manager at the age of just 21, and went on to succeed in a harsh factory environment where six former candidates had previously failed to deliver results.

Later, he became the group’s youngest General Manager in its history, and was involved in the turnaround of numerous departments. He also developed vast experience dealing with a wide range of ‘people’ challenges, including re-organisation, talent development, talent acquisition and leadership development. Along the way, Park noted that he learned to deal with large, blue chip organisations such as Rolls Royce, securing major long-term contracts worth upwards of £25 million.

Now, he hopes to take that know-how and apply it to the diverse world of consulting work. Park elaborated: “I really want to be able to help organisations that feel that there is no hope or have lost faith in the business… Having been there myself I know how helpful it would have been to have someone to refer to in times of crisis… The firm will also focus on leadership development, as I spent a lot of time with the global graduate program during my corporate career… and I was really motivated to see these individuals grow and develop… helping them to find their own way through challenging situations.

New enterprise

Park’s new Derby-based consultancy, RWG Enterprises, will focus on five key operational fronts. As stated, leadership development and business rescue will be two of these areas, as well as manufacturing – where the firm will tackle challenges such as new product introduction. RWG will also offer financial advisory services and strategic business planning offerings.

While Park is understandably guarded about the firm’s initial engagements, he revealed that he has been “speaking at length to a well-known university and business school about providing mentoring and coaching support to students.” In the long-term, the aim is for RWG Enterprises to take on engagements from clients across the industrial spectrum. He added that as “the company is very embryonic”, it would be “foolish” to become too focused on target clients at this stage.

When asked how RWG Enterprises intends to differentiate itself from the rest of the pack, in an ever-more-crowded UK consulting sector, Park is undaunted by the task ahead. He stated, “I think the main differentiator is that we are small... I have operated at a very senior level for many years but I have enjoyed a very diverse background having worked in most functions within my last organisation. I also won’t take on any work or clients that I feel I cannot deliver value for, I am honest and ethical and am really motivated by seeing others become successful… The main thing I am focused on is 'can I add value' and 'can I help?'”