Benjamin Mclardy Email & Phone Number

Docklands, Victoria, Australia

Melbourne, Victoria, Australia

171 Collins Street Melbourne

Responsible for the management of a team of 4, including 2 members based in Kuala Lumpur, to complete all aspects of BHP’s Treasury finance including debt issuance (~$25b) associated derivatives, hedge accounting and cash management products. Business partner to the Treasury team located in London - Including new product approval process, debt management decision making (i.e. buybacks/floating vs fixed strategy) & presentation of the Debt & Cash report to the Treasurer on a monthly basis… Show more Responsible for the management of a team of 4, including 2 members based in Kuala Lumpur, to complete all aspects of BHP’s Treasury finance including debt issuance (~$25b) associated derivatives, hedge accounting and cash management products. Business partner to the Treasury team located in London - Including new product approval process, debt management decision making (i.e. buybacks/floating vs fixed strategy) & presentation of the Debt & Cash report to the Treasurer on a monthly basis. Responsible for overseeing the month end/half year/year end statutory reporting process including Annual Report notes relevant to Treasury; Other financial assets/liabilities, Net finance costs and sections of the Financial Risk Management note. Also responsible for overseeing the budgeting process for Treasury including the 2Y and 5Y plan. Completed the review of 3 sets of Treasury subsidiary statutory accounts. Selected Achievements: Project managed moving all hedges over to the IFRS9 module during the accounting standard transition. Delivered this alongside BAU to a tight deadline when first starting in the role. Publicly acknowledged by the Treasurer for producing product control dashboards for Treasury Front Office for Treasury assets and liabilities to show interest income & expenses reconciled back to the general ledger, providing visibility for the first time.  Production of a Treasury Accounting and Reporting manual which satisfied internal audit requirement and reduced handover risk as this is a key document that can be used during handover. Show less

Melbourne, Australia

• Manage a small team responsible for Global Markets credit risk capital reporting (~$2bn revenue business), primarily accountable for ensuring the integrity of credit risk weighted assets (RWA) reported & driving capital saving initiatives to optimise returns (ROE & Revenue/ RWA). This included managing over $300bn of trade level data ($40bn of credit RWA on derivatives, bonds, repos etc.) sourced into the Group Risk engine; provision of value-added information to the Global Markets business &… Show more • Manage a small team responsible for Global Markets credit risk capital reporting (~$2bn revenue business), primarily accountable for ensuring the integrity of credit risk weighted assets (RWA) reported & driving capital saving initiatives to optimise returns (ROE & Revenue/ RWA). This included managing over $300bn of trade level data ($40bn of credit RWA on derivatives, bonds, repos etc.) sourced into the Group Risk engine; provision of value-added information to the Global Markets business & management team for decision making; ensuring compliance with regulatory capital methodology and compliance frameworks; reconciliations to divisional CFO sign-off; & identification, investigation & resolution of a range of capital issues.• Managed a number of capital initiatives which realised approx. $1.5bn of RWA savings, of which $800m was directly identified.• Instigated a project to automate existing manual processes within excel & access databases.• Key finance contact in a number of pivotal projects for Markets, including Standardised Approach to Counterparty Credit Risk and uncleared margin for non-centrally cleared swaps. Show less

Melbourne, Australia

- FC representative to liaise with other functional teams & geographies to build a reconciliation process to ensure a successful replacement valuation platform.- Responsible for various y/e statutory reporting processes including financial governance attestation; cash flow hedging reserve; subordinated debt & debt issuances note disclosures; ICT process for Treasury & AFS pillar 3 return.- Responsible for all areas of hedge accounting, including hedge designation, month end hedge… Show more - FC representative to liaise with other functional teams & geographies to build a reconciliation process to ensure a successful replacement valuation platform.- Responsible for various y/e statutory reporting processes including financial governance attestation; cash flow hedging reserve; subordinated debt & debt issuances note disclosures; ICT process for Treasury & AFS pillar 3 return.- Responsible for all areas of hedge accounting, including hedge designation, month end hedge adjustments & quarterly testing. - Responsible for all aspects of the Economic hedging unit including BU reconciliation, attribution analysis & preparation of the group wide month end pack presented to the head of group policy & the deputy group CFO. - Recipient of financial control reward and recognition award in late 2015 (highest award at the quarterly FC town hall) for successfully designing, building & managing the completion of the internals matching database. Show less

Melbourne Area, Australia

• Initially hired into the GTSO team to help the Business Support team transition into the new ANZ finance structures, post simplification. This role involved; managing several staff, responsibility for managing the month end workflow and consolidating the Technology monthly position & responsible for ensuring that there was a complete inventory of monthly tasks and procedures so that they could be handed over post ANZ simplification. • Responsible for GTSO project reporting including… Show more • Initially hired into the GTSO team to help the Business Support team transition into the new ANZ finance structures, post simplification. This role involved; managing several staff, responsibility for managing the month end workflow and consolidating the Technology monthly position & responsible for ensuring that there was a complete inventory of monthly tasks and procedures so that they could be handed over post ANZ simplification. • Responsible for GTSO project reporting including Slate, forecasting, rec of actuals & management reporting. Key achievement entailed building 2 management decks from scratch to analyze the monthly results to be presented to the GTSO CFO & Head of Technology finance.• Responsible for helping design & oversee the production of a GTSO Projects SharePoint site to help improve the sharing of information and collaboration of all GTSO project stakeholders.• Responsible for Technology Depn & Amort modeling and forecasting.• Indirect management of 1 analyst to help complete some of the above tasks.• Gained exposure into Project Life cycle management and stage-gate reporting. Show less

Melbourne Area, Australia

• Responsible for running the planning meetings with return preparers and reviewers to gain an understanding of the potential risks, controls and processes involved to complete the returns.• Project lead for the review of the ARF320 (Domestic balance sheet) series of returns including the 320.1, 320.2, 320.3, 320.4, 320.5 & 320.9.• Responsible for preparing a summary of findings & key recommendations for each of the returns reviewed and presenting these to the regulatory reporting team… Show more • Responsible for running the planning meetings with return preparers and reviewers to gain an understanding of the potential risks, controls and processes involved to complete the returns.• Project lead for the review of the ARF320 (Domestic balance sheet) series of returns including the 320.1, 320.2, 320.3, 320.4, 320.5 & 320.9.• Responsible for preparing a summary of findings & key recommendations for each of the returns reviewed and presenting these to the regulatory reporting team and the BAU teams responsible for preparing the various returns. Show less

Melbourne, Australia

- Responsible for accounting for all aspects relating to ANZ treasury's long term wholesale funding including; - Management of AUD $75b of external senior & subordinated debt & their associated hedges. - Assistance with the management of the hedge accounting function for the whole of the ANZ group. Derivative products include IRS's, CS's, FRA's, forward and OIS's. - Weekly P&L production & attribution to explain the market drivers behind the MtM movements in… Show more - Responsible for accounting for all aspects relating to ANZ treasury's long term wholesale funding including; - Management of AUD $75b of external senior & subordinated debt & their associated hedges. - Assistance with the management of the hedge accounting function for the whole of the ANZ group. Derivative products include IRS's, CS's, FRA's, forward and OIS's. - Weekly P&L production & attribution to explain the market drivers behind the MtM movements in the portfolio. Show less

• Calculation and reconciliation of AL & LSL provision (including AASB 119 calculation). • Accounting for the income and costs relating to the Spotless Traineeship Program.• Management of 2 FTE, including review of their balance sheet reconciliations in Assurenet.• Various other month end tasks and ad hoc business support.

• Daily completion of the derivatives P&L process (revaluations) and cash postings• Completion and updating of procedural documents to ensure business continuity• Completion of month end journals and preparation of month end balance sheet & validation.• Assistance with the winding up of deals and clearing of nostro breaks for several products (IRS, OIS, Caps, Floors, FX Swaps) under ISDA and GMRA, after it went into administration.• Completing many other add hoc reconciliations.

London, United Kingdom

• Project based role looking at the process surrounding dividend PnL recognition within Index & Sector Products. Involved investigating the Index/Structured dividend breaks YTD and setting up a daily efficient process for reconciling dividends.• Manage the production and analysis of daily P&L and explanations. Included completion of FOBO’s, End of day & P&L attribution. FX exposure report. • Month end process, ensuring all journals posted and price testing completed.• Completion of… Show more • Project based role looking at the process surrounding dividend PnL recognition within Index & Sector Products. Involved investigating the Index/Structured dividend breaks YTD and setting up a daily efficient process for reconciling dividends.• Manage the production and analysis of daily P&L and explanations. Included completion of FOBO’s, End of day & P&L attribution. FX exposure report. • Month end process, ensuring all journals posted and price testing completed.• Completion of various adhoc reports for high level management, including a daily book level detail report and a long/short report by region. Show less

London, United Kingdom

• Manage the production and analysis of daily P&L, explanations, new deal activity and risk sensitivities. Main responsibilities included the completion of 3 loans book, including basis, credit opportunities and tranches products.• Daily reconciliation of Cash (Nostro) breaks.• Responsible for completion of the end of day process.• Month end process, ensuring all month end requirements are met, (i.e. cash breaks between the models and the G/L and adjustments and reserves are… Show more • Manage the production and analysis of daily P&L, explanations, new deal activity and risk sensitivities. Main responsibilities included the completion of 3 loans book, including basis, credit opportunities and tranches products.• Daily reconciliation of Cash (Nostro) breaks.• Responsible for completion of the end of day process.• Month end process, ensuring all month end requirements are met, (i.e. cash breaks between the models and the G/L and adjustments and reserves are explained and documented). Show less

London, United Kingdom

• Preparation of all subsidiary statutory accounts (~60 subs). This involved exporting the trial balance from ECS and completing the P&L, Balance Sheet and SOE in Sage accounts production.• Assistance with year-end and half-year end, including preparation of the Joint Venture (JV) Summary and UK-IRFS reconciliation. This involved the completion of the IFRS adjustments to the Group published accounts.• Monthly preparation and review of JV and wholly-owned management accounts. Detailed… Show more • Preparation of all subsidiary statutory accounts (~60 subs). This involved exporting the trial balance from ECS and completing the P&L, Balance Sheet and SOE in Sage accounts production.• Assistance with year-end and half-year end, including preparation of the Joint Venture (JV) Summary and UK-IRFS reconciliation. This involved the completion of the IFRS adjustments to the Group published accounts.• Monthly preparation and review of JV and wholly-owned management accounts. Detailed analysis on variances with the final product being a report to the board.• Preparation of yearly budgets and re-forecasts for JV and wholly-owned entities. Involved meetings with all areas of the company, including property managers/surveyors to detail future income/expenses due to new developments/refurbs etc. • Liaising with external auditors for audit queries & supervising a junior team member. Show less

Brisbane, Australia

• Preparation of all aspects of statutory accounts (including consolidations) under AIFRS and Australian GAAP for all types of entities including balance sheet, profit and loss, cash flow statements, directors’ reports and notes to the accounts.• Due to nature of client base extensive assistance with end of year processes including; Fixed assets – maintenance of FAR and movement schedules, journals for profit/loss on sale of assets and depreciation calculations; Revenue – Assistance with… Show more • Preparation of all aspects of statutory accounts (including consolidations) under AIFRS and Australian GAAP for all types of entities including balance sheet, profit and loss, cash flow statements, directors’ reports and notes to the accounts.• Due to nature of client base extensive assistance with end of year processes including; Fixed assets – maintenance of FAR and movement schedules, journals for profit/loss on sale of assets and depreciation calculations; Revenue – Assistance with reconciliation of debtor trial balance and calculation of revenue in advance and other sundry debtor/prepayment balances; Employee Entitlements – Calculation of leave provisions; Bank - Assistance with preparation of and correction of bank reconciliations; Creditors - Assistance with reconciliation of creditor trial balance to GL and to statements; Inventory – Assistance with procedures required to complete stock takes, including the controls that should be in place to complete effectively & correctly.• Analysis of client’s management accounts as part of the completion of the statutory audit, including the completion of ratio analysis. • Responsible for all aspects of audits including listed & privately owned company’s, trusts, government departments, not for profit entities, associations & self-managed superfund’s. • Managed teams of up to three during audit fieldwork, including reviewing their audit fieldwork. Reporting to audit partners and occasionally to managers, meeting with client senior management and or owners, fee proposals and invoicing. I have also had contact with other Grant Thornton offices, both internationally and within Australia, in coordinating and performing audits of multinational and national entities.• Highly developed written skills gained through the preparation of management letters and letters to those charged with governance. Show less

Education record

Achieved a merit in Financial reporting and Assurance module

Graduate Diploma Of Applied Finance, Finance

• Completed the diploma with all first time passes and a distinction in 3 subjects. Subjects completed; Funding sources, Asset & liability.

Bachelor Of Commerce (B.Com.), Accounting And Finance & Banking And Finance, Gpa 6.6

Activities and Societies: Golden Key Finished with a high distinction average. Top of subjects in Introduction to law, Company law.

Hcs, Op 9

Activities and Societies: Rugby league high school premiers Touch football high school premiers Touch football MVP Top of subject.