David Mylonas Email & Phone Number

Newcastle, NSW, AU

Newcastle, New South Wales, Australia

Parkville, Victoria, Australia

• Primarily responsible for managing the Purchasing and Accounts Receivable functions including staff development and management. Emphasis of the role is around process optimisation and staff development in core areas of.
• Implemented Pay by Phone solution in Accounts Receivable incorporating a change to the invoice format that:– o Reduced inbound queries regarding the basis for the invoice by ~50%, o Reduced the number of calls.
• Changed the debtor cycle from 30-21-21 to 30-14-7 days without impacting direct collections. Earlier referral increased rate of Tier 1 collections which coupled with introduction of Tier 2 collection saw a 10% uplift.
• Utilised logic in SAP to automate the dunning messages for reminder and final notices eliminating double handling of invoices and saving ~2 hours per week.
• Scripted macros that automated the aggregation and formatting of data for referring to 3rd party collections agent saving 3 hours per week.
• In conjunction with one of my purchasing officers reviewed the range, provider and spend on staff catering saving 15% by implementing changes to both the range offered and supplier.

• Responsibilities include but not limited to monthly performance reporting for the Board and management, managing the budget and quarterly forecast cycles, provide business support through financial coaching and.
• Developed a dynamic 12 month cash flow model. Has enabled a 30% increase in interest income as part of a revised capital management program. Previously robust cash flow projections beyond 2 months did not exist.
• Performed product mix and pricing analysis of magazine advertising revenues identifying several issues. The new pricing structure has yielded a 15% increase in per page revenue through more consistent and considered.
• Recommended a strategy that enabled our Facilities manager to achieve a 10% reduction in conference management expenses.
• Drove and implemented activity based budgets in several areas. By linking to operational KPI’s it provides managers with a context for their results. Historically, budgets were often indexed and reported only in dollar.
• Transitioned month end reporting from hard copy system reports to Excel. Incorporating “traffic light” indicators provides a quicker and more logical basis for identify areas to look at in more detail.

Melbourne, Australia

• Responsibilities included monthly operational and capital reporting, mentoring a junior Management Accountant, business unit support, process review and enhancement and support for budgets and forecasts.
• Identified and reconciled a procedural error in the Solar business’ income recognition. Process revisions enabled income recognition and performance reporting to retain integrity thereafter.
• Revised reporting and journal templates making them more dynamic and efficient.

• Responsibilities included revenue assurance, mentoring a Commercial Support Analyst, as well as assisting with budgets, forecasts and providing input and support to overall process enhancements across finance.
• Relocated to Perth to learn and document the billing system of an acquired entity when incumbent resigned.
• Developed the workflow policy for ensuring new contracts are accurately billed in a timely fashion.
• Managed a project encompassing multiple departments within the organisation to specify the parameters and requirements of a billing system including reporting scope.
• Developed a forecasting model enabling assumptions around price erosion, CPI indexation and / or contract retention based on existing and signed contracts.
• Developed a model that calculates the appropriate income recognition associated with installation revenues in line with accounting policy. Model also provides a basis for future journals and balance sheet.

Norwich, United Kingdom

• Responsible for management information development, finance process improvements and financial support for all managers including co-ordinating and leading the budget and forecast processes.
• Developed revised budgeting and forecasting templates enabling me to manage the budget cycle in four fewer weeks. The incorporated macros facilitated improved consolidated analysis and direct interfacing into SAP.
• Developed a weekly performance monitoring report that allowed for dynamic multi level reporting.
• Developed a revised cash flow model used for monthly reporting and rolling projections.
• Developed SAP business warehouse reports to streamline monthly P&L reporting, increase transparency of HR turnover and identify supplier to dentist relationship volumes.
• Scripted macros that reduced monthly income recognition journals from 2 hours to 5 minutes.

Norwich, United Kingdom

• Responsible for developing and validating the finance business case for initiated projects to ensure they aligned with organisational objectives.
• Regular project tracking included variance analysis and business commentary. Required extensive communication across business areas in order to obtain and disseminate the appropriate information.
• Completed the Finance budget re-alignment following a major acquisition and restructure.
• Developed a forecasting template that streamlined the quarterly projection process and made high level portfolio analysis easier.
• Developed a personnel conversion model that assisted in highlighting relative resources between UK and off shored processes for efficiency analysis and benefit tracking.
• Developed the KPI reporting pack for an organization wide expense saving project.

Surrey Hills, Melbourne

• Responsible for identifying and recovering missed revenues for clients.
• Required communication with staff across all facets of the client’s business to map various business processes.
• Managed the day-to-day review of Myer Grace Bros rebates audit. Included colleague development, management reporting and managing supplier relations where potential claims were identified.
• Recommended a 3-way reconciliation to the client so as to minimise future ‘leakage’ of entitled rebate income.
• In conjunction with colleagues recovered in excess of $170,000 in approximately 4 months for one Brand of our major retail client.

Mulgrave, Melbourne

• Responsible for monthly reporting on projects completed and commenced as part of an overall service contract. Included both actual and forecast performance for active and pending projects within the overall contract.
• Accrual validation including any adjustments to maintain reporting integrity.
• Created reporting templates with macros to standardise and streamline monthly reporting.

Ipswich, United Kingdom

• Responsible for preparing profitability estimates of various shipping services. Measured results against KPI’s investigating and explaining any variances, including analysis of accruals arising from the estimate process.
• Developed a model that calculated the cost or revenue associated with cross trade cargo moves improving the efficiency of EPS reporting.

Colchester, United Kingdom

• Reconciliations focused contract role. Included daily revenue interfaces, inter-company accounts and withholding taxes.

Burwood, Melbourne

• Role was an expansion on my role as a Capital Invoice Officer (Nov 99 – Mar 01). Retained tasks from lesser role.
• Responsible for monthly management reporting across multiple business units for actual and committed Capital Expenditure. Introduced improvements and benefits for customers within a reduced timeframe included:- o Food.
• Undertook analysis and implementation of processing Bilo Marketing invoices within the department. Modelled the department’s operating capacity, ability to absorb the proposed volumes and ascertain the cost of.
• Developed and implemented the department’s test plans for the SAP V3.1 to V4.6 system upgrade (Jun 01 – Sep 01) while needing to communicate with colleagues from various levels and departments.