Fast and effective delivery of solutions to short-term management requirements.

Business Review

Working for a small Yorkshire based accounting practice, conducted internal audit reviews on the manufacturing subsidiaries of a major quoted US engineering group, based in The Czech Republic and South Wales.

Responsible for reviewing the inventory and management accounting systems, identifying weaknesses and advising on improvements to procedures.

 
 
accountant

Systems Implementation

Assisting a small engineering business based in Cambridgeshire to implement an E-Max erp system. Reviewed, documented and identified improvements to business processes to align with the system and best practice.

 
 
coding

Profitability

Supported a £15M turnover automotive pressings business in severe distress, based in Co.Durham. Providing professional communication to bring funder and major creditor on side. Identified true financial position of the Company and identified £2M of additional revenue from customer base through price escalation clauses.

 
 
automotive

Funding

Led a management buyout on a sportswear distribution business based in West Yorkshire. Negotiated £3.5M of private equity funding and £5.6M of bank funding, including £2.6M term debt cashflow lend and £3M working capital facility.

 
 
sportswear

Business Management

Brought into a £10M turnover haulage and warehousing business based in Nottinghamshire as Managing Director and Finance Director to stabilise the business following the immediate termination of the previous incumbents. Controlled the business and cashflow awaiting recruitment of permanent replacements. Assisted with negotiating the exit terms of the dismissed directors.

 
 
haulage

Inventory Control

Improved logistical processes and stock control in a Yorkshire based distribution business. Stock accuracy reaching 99.8%, enabling HM Revenue & Customs approved warehousing to be attained.

 
 
haulage

Financial Controls

Implemented management accounting systems into a family owned Yorkshire based clothing business. Developed accurate product costing and factory efficiency reporting. Introduced monthly management accounts and budgetary control procedures.

 
 

Rationalisation

Controlled financial aspects of the closure of an £11M turnover aerospace subsidiary of a blue chip engineering group. Reconciled and dealt with all commercial matters including transfer of stocks to associated companies and collected 98% of outstanding debt.

 
 

Cost Reduction

Managed the closure of the UK sock manufacturing division of a sportswear business, moving production offshore. Managed the closure to budget. Whilst making 25 employees redundant ensured, through the provision of outplacement services, that all those who wanted new jobs did attain something suitable.

 
 

Relocation

Management of the relocation of a Clothing distribution business into a modern warehousing facility culminating in a 10% headcount reduction. Moved £3.5M of stock and ensured that orders were being despatched within a week and that the business was fully functional inside a month.

 
 

Cashflow Control

Carried out a review of profitability and cashflow forecasts on a Diesel Engines refurbishment business on the verge of administration on behalf of the incumbent bank. Tested assumptions and reviewed the basis and accuracy of the calculations.

 
 
stock market

Troubleshooting

Performed troubleshooting role in a number of overseas subsidiaries for a Speciality Metals group. Re-engineered business processes and worked with local management to implement them and further develop the business.

 
 
accountant