Responsible for Finance (including Treasury) , ICT and Development

Director of Finance & Corporate Services• Responsible for Treasury Strategy and implementation of that strategy; responsible for ICT and Human Resources; • Reporting to Board and Audit, Finance & Risk Committee• Promoting and initiating Value for Money initiatives• Maintain standing orders, financial regulations, delegation authorities and procurement regulations.• Budget setting• Preparing development appraisals (SDS Proval) and Business Planning (Brixx)• Raising new finance and reporting treasury position to Audit, Finance & Risk• Responsible for Insurance, Fixed Assets Register, Liability Register and Contracts Register• Company Secretary• Leading on the VFM strategy and annual VFM-self assessment. Implementing a culture of value for money organisation wideKey achievements• Changing financing strategy to provide greater stability and certainty to the Business plan and significantly increasing development capacity (additional £30m capacity)• Raising £50m via Private Placement• Negotiating additional loan facilities with bank lenders• Negotiation of covenant changes in loan agreements (significantly increasing borrowing and development capacity)• Preparation for FRS102 implementation• Significant cost reductions through tendering of services including insurance, utilities, cleaning, telephone, postage, external audit, internal audit & legal work resulting in a 20% reduction in overheads. Overall a £0.75m cost reduction including non-overheads • Implementation of electronic invoice processing and document management system resulting in efficiencies in document retention, office space and processing team performance• Implementation of new HR and Payroll systems• Moving social enterprise subsidiary into same VAT group resulting in significant VAT savings• Restructure of Finance team resulting in significant improvement in performance with less staff• Significant improvement on business planning and reporting to Boards/Committees

Board member and Audit & Risk Committee member

• Negotiating and agreeing new loan facilities• Monitoring funding requirements, including mark-to-market, covenant compliance, a diary of key events from the facility agreement, and a comparison to Business Plan and previous cash flow forecasts• Maintaining cash flow forecasting model and monitoring & reporting on forecasting accuracy• Supervise day-to-day treasury activities• Managing the property database for treasury purposes• Prepare, update and monitor compliance to Treasury Policy• Prepare Treasury Strategy and Annual Treasury Report• Making investments and implementing Value for Money initiatives• Management of 9 staff and a budget of £19m• Building excellent relationships with current and prospective funding parties• Managing staff and relationships with other departments leading to a greater awareness between departments of each other’s requirementsKey achievements• Renegotiating funding structure to significantly improve funding to non-charitable subsidy• Improved cash flow forecasting accuracy for the Group• Securing an additional £300m value on properties charged via new charging, negotiations with valuer and rent reform projects.• Raising finance for Private Finance Initiative (PFI) for LB Newham redevelopment• Improvement of working capital efficiency resulting in reduced short term financing requirements for the Group• Significant improvements in Treasury reporting to Group FD and Board.• Improvement of property database for security and valuation purposes.• Improvements in internal controls within Treasury and Processing teams including significantly improved procedures, moral and performance

Development FinanceTreasury

• Manage the cash flow reporting and assess borrowing requirements for the group• Effective management of investments to maximise interest.• Monitor existing loan covenants and immediate contact officer with banking relationship managers. • Reviewing appraisals for capital commitments.• Supervise day-to-day treasury activities.• Manage the Development Finance and Treasury teams• Managing 6 staffKey achievements• Improved cash flow forecasting and reporting resulting in a reduction in the amount of funds being held for working capital purposes• Tendering of clearing banks reducing from 3 to 1 resulting in increased value for money.• Tendering and installation of a fixed asset register enabling improved controls and asset utilisation• Assisting in obtaining additional swaps of £85m• Improved customer satisfaction and awareness of the impacts their decisions have on treasury.

Accounting and reporting on the developments, sales and transfers of propertyAccounting, reporting and reconciling social housing grants. This includes ensuring statutory requirements are metReporting and forecasting development cash flowsPreparing and monitoring budgetsManaging 1 staffKey achievementsAssisting the Deputy Director of Finance in setting up the a service company including designing new procedures for the Development department.Improving the accuracy & timeliness of reports to directors on capital expenditure & variances on budgets.

Supporting Development AccountantCalculating & journalising capitalised interest, overheads, accruals and retentionsSubmission of grant claimsLiaising with the Development department ensuring good communication flowsKey achievementsSetting up of procedures to significantly improve the communication between Finance and Development departments.

Recruitment of teachers and placing into primary & secondary schools

Teacher in charge of AccountingKey achievementsIntroduction of "Young Enterprise" scheme starting students into business

Business Studies & Accounting teacher in St LuciaKey achievementsDesigning and implementing a savings cooperative for staff and pupils.

Economics A Level Teacher

Economics and Accounting