David Smith Email & Phone Number

London, United Kingdom

Expense control for 18 cost centres reporting to 11 departmental heads across 5 entities. Company operating costs of £47m analysed by expense type and cost centre, build advanced excel reports to assist with timely and accurate financial information for decision making. Assisted in development of on line E-invoicing system to reduce paperwork and improve expense settlement. Management Accounts; Develop robust, accurate and timely reports for senior management. Analyse numbers, review and… Show more Expense control for 18 cost centres reporting to 11 departmental heads across 5 entities. Company operating costs of £47m analysed by expense type and cost centre, build advanced excel reports to assist with timely and accurate financial information for decision making. Assisted in development of on line E-invoicing system to reduce paperwork and improve expense settlement. Management Accounts; Develop robust, accurate and timely reports for senior management. Analyse numbers, review and build commentary for senior managers.Expenses: reporting development; liaising with cost centre managers on cost drivers and performance evaluation. Extracting detail from Ledger, summarising detail in Excel using pivots and lookups ; reconciling to Sun reports; liaising with cost centre managers on monthly and cumulative results against Budget, Forecast and Prior Years. Assisting with Reforecasting and Budget expense templates.Process Improvements : reduced reporting deadlines from 15 days to 8, to updating timetables and planning for further improvements in line with central finance dates. Updated financial procedures for process improvements and expanded reporting detail. Streamlined reporting to a standard format for internal and external use. Show less

Borehamwood, England

Developing FP&A reporting; updating procedures; stream lining processes; assisting Senior Finance Manager in monthly and quarterly reporting; implement budgeting and forecasting system; Year end and quarter reporting to Group; Consolidation of Subsidaries;Board pack development. Using wealth of experience and systems knowledge have helped with the quality and level of financial information.Expenses: reporting development; liaising with cost centre managers on cost drivers and performance… Show more Developing FP&A reporting; updating procedures; stream lining processes; assisting Senior Finance Manager in monthly and quarterly reporting; implement budgeting and forecasting system; Year end and quarter reporting to Group; Consolidation of Subsidaries;Board pack development. Using wealth of experience and systems knowledge have helped with the quality and level of financial information.Expenses: reporting development; liaising with cost centre managers on cost drivers and performance evaluation. Extracting detail from Ledger, summarising detail in Excel using pivots and lookups ;reconciling to Cognos reports; presentations to cost centre managers with full analysis and commentary of variances to Budget and prior year and business partnering for better understanding of figures.Sales: Analysis of monthly and cumulative sales by client name, split between existing and new business, consolidated by channel and compared to prior year and budget. Extracting data from Cognos and using advanced Excel skills produce reports to senior managers in a user friendly format for presentation to financial and non-financial senior managers.Process Improvements : reduced HO reporting deadlines to updated timetables. Updated financial procedures for process improvements and expanded reporting detail. Streamlined reporting to a standard format for internal and external use.Systems used: Cognos planning & analyst , HFM , Open accounts general ledger Show less

London, United Kingdom

Contract role to cover transfer of role to Gloucester. Update Financial Procedures manual to cover Senior Management Accountants role including ; Monthly management reports of expenses and income compared to Budget and Prior year ; Budgeting and forecasting p and l ; liaising with profit centre managers ; balance sheet reconciliations of accruals, prepayments, assets and liabilities ; supplier payments via RBS Internet Banking in line with agreed bank mandate.Systems used : Essbase ;… Show more Contract role to cover transfer of role to Gloucester. Update Financial Procedures manual to cover Senior Management Accountants role including ; Monthly management reports of expenses and income compared to Budget and Prior year ; Budgeting and forecasting p and l ; liaising with profit centre managers ; balance sheet reconciliations of accruals, prepayments, assets and liabilities ; supplier payments via RBS Internet Banking in line with agreed bank mandate.Systems used : Essbase ; Hyperion Financial Management ; Smartstream ; Sage Show less

London, United Kingdom

Worked in the FP&A team business partnering the commerical underwriting team in analysing income by lines of business , agreeing income estimates quarterly , monitoring changes through R&O amendments and adding commentary to final quarter numbers. Also invlolved by LOB for expenses,allocations,headcount,quarterly forecasting,annualised budgeting,deals modelling and ad goc queriesSytems used Cognos ; Peoplesoft ; FGEN ; OGIS ; SAP

London, United Kingdom

Working on Sun accounting system using Q&A and Advanced Inquiry database systems ; assisting the Senior Expense Manager in analysing costs, variances, preparing p&l commentaries , balance sheet reconciliations and ad hoc queries as needed for business users. Costs are charged by cost centre and by business unit and are reported to finance and non-finance end users.

London, United Kingdom

My responsibilities includedUnderwriting Business Process of Pools Bordereau’s and payment of expenses for the Underwriting function. Quarterly preparation of financial statements on a three year accounting basis. Payments and reports to Members on brokerage, claims provisions, claims payments and IPT schedules including foreign tax. Provision, reconciliation and payment to Pool members for Reinsurance and Profit Shares Annually calculate Re-Insurance to Close for Board approval… Show more My responsibilities includedUnderwriting Business Process of Pools Bordereau’s and payment of expenses for the Underwriting function. Quarterly preparation of financial statements on a three year accounting basis. Payments and reports to Members on brokerage, claims provisions, claims payments and IPT schedules including foreign tax. Provision, reconciliation and payment to Pool members for Reinsurance and Profit Shares Annually calculate Re-Insurance to Close for Board approval. Bank processing and reconciliations. Balance sheet reconciliations. Credit control for UK insurers to TOBAS, statements issued monthly. Credit control for Foreign pools in multi currency. Managed one staff.Limited CompanyMonthly management reports of expenses compared to Budget and Prior year. Budgeting and forecasting expenses liaising with cost centre managers. Balance sheet reconciliations of accruals, prepayments, assets and liabilities. Supplier payments via Barclays Internet Banking in line with agreed bank mandate.Treasury management of circa £50m in a variety of currencies including Sterling, Canadian Dollars, US Dollars and Euros Show less

Romford, United Kingdom

Responsible for a team of 8. Team tasks include purchase ledger ,cashiering ,credit control ,bank reconciliations ,treasury ,fixed assets ,refunding client money ,trial balance ,profit and loss ,commission payments, insurer payments, inter company reconciliations and payments , debtor control reconciliations and full balance sheet reporting.My responsibilities includedStaff appraisals, setting SMART objectives, training, cover, staff development.Management reporting, including P&L… Show more Responsible for a team of 8. Team tasks include purchase ledger ,cashiering ,credit control ,bank reconciliations ,treasury ,fixed assets ,refunding client money ,trial balance ,profit and loss ,commission payments, insurer payments, inter company reconciliations and payments , debtor control reconciliations and full balance sheet reporting.My responsibilities includedStaff appraisals, setting SMART objectives, training, cover, staff development.Management reporting, including P&L, sales analysis, cost analysis, caravan club statistics, broker analysis.Calculating and paying commissions, paying insurers to agreed terms from system & settling inter company accounts.Assisting FD in Budgeting and Forecasting.Promoted to Finance manager. Then I reviewed each team members working procedures and assisted them in stream lining their work; helped improve accuracy, cross team training, staff development, job rotation and cover. Set up Financial ProceduresTook over responsibility for credit control team of 4 and applied same principles.Systems Used: CDL, Cognos, Excel, E-Financials Show less

Romford, United Kingdom

Working in a team of 8 responsible for the Shared Service cost centres for Aon.Primarily looked after the fixed asset register, the IT department and two revenue generating divisions.My responsibilities includedMonthly- fixed asset register – book depreciation, new additions, disposals, reconciliation. Expense analysis, allocation of IT costs, capital project recoveries, revenue postings and balance sheet reconciliations.Yearly – Forecast and Budget preparation; allocation model… Show more Working in a team of 8 responsible for the Shared Service cost centres for Aon.Primarily looked after the fixed asset register, the IT department and two revenue generating divisions.My responsibilities includedMonthly- fixed asset register – book depreciation, new additions, disposals, reconciliation. Expense analysis, allocation of IT costs, capital project recoveries, revenue postings and balance sheet reconciliations.Yearly – Forecast and Budget preparation; allocation model. Quarterly – Full balance sheet review and report of FA for US consolidationSystems Used: Excel, TM1, Peoplesoft ledger, in house systems such as Non RR brokerage. Show less

Education record

Cima Qualified