Scott Watson - Head of Finance, The Pool Tile Company

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Work Background

The Pool Tile CompanyFinance Manager

Apr. 2021Brisbane, Queensland, AustraliaLead Finance Team including Accounts Receivable, Accounts Payable and Payroll and provide back-up as required. Maintaining responsibility for financial planning and analysis, cashflow forecasts, controlling and overseeing finance operations encompassing month and year-end accounting and reporting. SAP business one proficient. Managing the reporting for Grants and R&D Tax Incentives.

Matrix Polymers Australia Pty LtdHead of Commercial Finance - Australia and New Zealand

Oct. 2017 - Mar. 2021Brisbane, Australia Lead finance function across Australia and New Zealand with 3 direct reports. Maintaining responsibility for financial planning and analysis, cashflow forecasts, controlling and overseeing finance operations encompassing month and year-end accounting, statutory reporting, taxation and treasury. Key Achievements: - Reduced month-end closing cycle to 5 days, supported by redesign of general ledger to improve eliminations and provide increased clarity in reporting - Improved information for auditors that reduced audit fees by 10% - Implemented foreign exchange hedging to realise USD$80k in savings within 6 months and negotiated new vendor terms to reduce operating costs by $50k and improve cash flow by $150k. - Introduced enhanced Pronto functionality - Identification of cost drivers involved in the production process and recommendation of areas to improve efficiencies.

HVAC QLD Pty LtdFinancial Controller

Jan. 2016 - Oct. 2017Brisbane, AustraliaFinancial Controller Conceptualised and executed strategies for short and long-term strategic vision, supporting business growth whilst managing a team of 5 staff in overseeing finance activities including payroll, accounts payable, accounts receivable, general ledger maintenance, financial reporting and compliance. Key Achievements: - Reduced month end closing cycle by 50% - Enhanced cost reports to support project managers while supporting continuous improvement. - Lead Pronto ERP upgrade that was completed 20% below budget

A2K TechnologiesFinancial Controller

Nov. 2014 - Dec. 2015Brisbane, AustraliaOversaw accounting operations including monthly and annual reporting, revenue review, accruals, general ledger and expenses review to support Australian and New Zealand operations with a team of 8 direct reports. Partnered senior management, providing financial analysis and insights on issues pertaining to business strategy, KPI performance and overall corporate direction to drive growth, profits and optimise working capital. Key Achievements: - Implemented revised general ledger structure to reflect business changes, driving improved monthly management reports for management and CEO decision making. - Defined and introduced transparent and robust cash management and forecasting KPI's, supported by risk management initiatives to meet ongoing trading demands.

Ullrich AluminiumFinancial Controller

Dec. 2010 - Oct. 2014Brisbane, AustraliaFinancial Controller- Company Secretary/Accountant Led finance function, supporting 22 branches Australia wide with a team of 5 staff while supporting sustained growth. Responsible for financial review, analysis and reporting at local and national level and budgeting, forecasting, financial accounting, taxation and treasury. Key Achievements: - Relocated finance function from Sydney to Brisbane, building new team of 5 (previously 9) with supporting procedures, processes and internal controls. - Reduced debt by 30% whilst simultaneously increasing capital expenditure, complemented by implementing numerous cost reduction initiatives such as : - Foreign exchange hedging program that saved up to 20% of losses over multiple years; - Aligned production costs with actuals to reduce errors and increase revenue by 20% - Implemented fleet management system, reducing vehicle maintenance costs by 15% - Reduced multiple years of negative cash flow by reducing expenses and negotiating settlement discounts for national purchasing agreements

PLACE Design Group Pty LtdAccountant

Aug. 2010 - Dec. 2010Brisbane, AustraliaAccountant Key Achievements: - Successfully repatriated funds from overseas subsidiaries that had been outstanding for over 12 months. - Reduced outstanding debtors by 25% and collecting over $500k of debtors outstanding for longer than 90 days within first month of employment.

JBS Swift AustraliaMultiple Roles

Feb. 2007 - Aug. 2010Brisbane, AustraliaSAP Implementation Finance Team Member March 2010 - August 2010 Treasury Accountant October 2009 - March 2010 Assistant Accountant February 2007 - October 2009

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