Asset Management specialists NSM has appointed its first Finance Director, with Mike Dunn taking up the senior role at the Doncaster-based business.
Mike, who now leads the 5-strong finance team with further recruitment forecasted, also sits on the NSM main board alongside Managing Director Nicky Jones, Chair Richard Ainscough and newly-appointed Non-Executive Director Dan Adamson.
The expansion and investment in NSM’s finance function is part of a long-term growth strategy, as more clients take on the firm’s accounting services, as well as the core property and asset management services which necessitate increasingly large volumes of accounting transactions.
Mike joined from sister company Network Space Holdings where he had worked for the last three years. He originally qualified as a Chartered Management Accountant in 2000 having graduated from Loughborough University with a MSc in European Economics and Finance.
Managing Director Nicky Jones said: “2020 was a challenging year for many of our clients and their tenants but we invested in and ensured our accounting services remained at optimal quality and capacity.
“Despite the pandemic NSM managed to collect more than 95% per cent of rents whilst still supporting and offering flexibility to those tenants who needed it. That continued success has led to NSM now having a dedicated, full-complement finance function and we are delighted that Mike was able to join us to lead the charge.”
Mike added: “As NSM continues to grow we are set to benefit from our dedicated resources across the finance function - not only with the day-to-day matters but also with the speed of response to client demands, continued process improvement, innovation and quick decision making. In today’s fast moving and demanding sector it will enable NSM to stand out by offering another premium service.”
NSM manages over 4 million sq. ft of industrial property across the north of England. Looking after 460 units and a rent roll of around £15.4million. The value of the assets under management is estimated at £240million.
Formerly part of Network Space, in 2019 NSM launched as an independent business. Based in Doncaster and Warrington, NSM provides property and asset management, agency and property consultancy advice to a range of clients across the north of England.