New appointment at Innervision as lease management business expands its role

Kennard martin

Innervision has appointed Maeve O’Connell as its new finance director.

The new role has been created to help Innervision provide the same top quality service to its customers as the core lease management business expands and as it helps its customers prepare for the upcoming changes to global lease accounting.

Innervision’s managing director, Martin Kennard (pictured above), explained that O’Connell has joined the company bringing a wealth of accounting and leasing experience. With over 31 years in finance, 12 of which in leasing, she has “done every job in accounting going”.

O’Connell started in leasing at Lombard Technology Services following various finance and accounting roles – including a 12-year stint in the healthcare finance industry – where she worked to improve and oversee systems implementations.

Since then she has held notable positions including: UK finance controller at Xerox focusing on process-driven design implementation, treasury manager at Syscap and most recently, finance controller at Paragon Bank (formerly Five Arrows business Finance).

Kennard said: “Dealing with a broad range of portfolios in many different areas of the leasing industry, Maeve has a great deal of experience in optimisation, standardisation and developing structures that drive productivity and savings.”

He added: “A self-proclaimed lover of efficiency, O’Connell is well placed to join Innervision’s dedication to providing quality lease management and accounting support and resources to lessees that save them time and money.

“As a qualified and experienced ACMA, Maeve is also heavily involved in Innervision’s recent developments to their lease accounting and management software, LOIS.”

LOIS is designed to facilitate a smooth and cost-effective transition to the new lease accounting standards as well as providing a platform for long-term lease management and optimisation of lessee lease portfolios. LOIS centralises all required lease data and allows lessees to run comprehensive readiness and impact assessments as well as generate the complex calculations for both existing, new and internal accounting and audit standards.