Credentials
Assessed the technical impact of IFRS focusing particularly on Share Based Payment, Defined Benefit Pension Schemes, Currency Forward Contracts, Discontinued Operations, Joint Ventures and Deferred tax. First interims (June 2006) used as model for other PwC clients! ( Case Study )
Prompt and accurate reporting of financial information during periods of multiple acquisitions , divestments and restructuring e.g.
Implemented consolidation system & accelerated the timetables for submission of Tax Computations clearing a 5 year backlog of Tax Inspector queries.
Ambitious statutory reporting deadlines achieved. In one instance after four acquisitions in the second half year the audit of this Group's 31 statutory companies were completed by 3rd February (December year end) followed by the Stock Exchange announcement of Group results on 13th February.
Simplified statutory accounts production within subsidiaries; freeing resource at the centre and bringing the statutory accounts production in-house to reduce audit costs.
Adept at managing cash
Reviewing treasury policy and implementing extracting maximum value from cash resources.
Renegotiating bank fees and charges realising significant savings.
Establishing improved cash forecasting models to aid communication between the Group and Bankers. Answering the Banks questions when requested, anticipating their queries and proactively resolving the same.
Able to handle periods of intense activity with experience of turnaround situations, corporate acquisitions/divestments etc.. Able to deal with the here and now whilst maintaining an eye on future ramifications such as:
Redesigning the Management Reporting to refocus attention on kpis
Sharing best practice by introducing standard financial reporting procedures in diverse groups.
Led a project to update credit control expertise, formulating objectives for a new Group Credit Management team.
Experience of restructuring finance and back-office combined financial & operational teams.