Ed Hunter's Location
Buninyong, Victoria, Australia, Australia
Ed Hunter's Contact Details
Ed Hunter work email
- Valid
Ed Hunter personal email
n/a
About Ed Hunter
Currently seeking a part-time role (20 hours per week or less) within the Ballarat area. I am looking to work closer to home rather than commute daily to Melbourne, and I am not interested in the very long days (up to 18 hours per day) which resulted from that.Highly experienced in all facets of financial management, with particular expertise in utilising financial systems technology to achieve greater efficiencies and ease of decision-making.Excellent track record in delivering substantial cost savings, even where previous attempts to do same may have failed.Considerable experience in implementing new or upgraded financial systems, both large-scale in major public companies and specialised smaller systems in smaller companies.Excellent verbal and written communications skills.Excellent interpersonal and people management skills.A lateral thinker.Able to view both the immediate issue(s) and broader, long-term strategic perspective(s) simultaneously.Possess experience in a broad range of industries, enabling me to adopt best practice from one industry in another.And, when all else fails, will apply loads of common sense!Specialties:Financial management in general.Strategic planning.Budgeting.Financial accounting and preparing statutory accounts.Management accounting, cost analysis and management reporting.Implementing continuous improvement.Implementing financial systems, including ERP.Managing staff.
Ed Hunter's Current Company Details
Leh Investments Pty Ltd
Director and consultant at LEH Investments Pty Ltd
Ed Hunter Work Experience Details
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Director And ConsultantLeh Investments Pty Ltd Sep 1998 - PresentLEH Investments Pty Ltd is a small private family company which provides senior accounting, financial management and financial systems IT management services. Our clientele has included and/or currently includes Alcoa Australia, Coles Myer, National Australia Bank, Axa, Transition Group and Beyond Sportswear International. Big or small, we are happy to assist you if we can.
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Contract AccountantRamler Holdings Pty Ltd Aug 2009 - Dec 2009Providing services to the new joint owners of the company, Transition Group, to review accounting for a number of trusts and corporate trustees associated with the former sole owners of the company, draft 2009 financial accounts for those entities and ensure that all financial accounting is brought up to date.Extensive discussions with MYOB have been required to successfully resolve problems created by running an old, unsupported version of their accounting software, then load the software and restore data from a backup file. I strongly recommend MYOB to anyone for their excellent products, technical support and customer service.
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Contract AccountantBeyond Sportswear International Ltd Jun 2009 - Dec 2009Providing services to consolidated group in preparation of statutory accounts and doing a degree of general accounting as part of this, due to expansion of group and need to integrate new businesses.
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ConsultantBeyond Sportswear International Limited Feb 2008 - Oct 2008Primarily engaged to prepare a financial systems development program, further requested to prepare interim report for the ASX, then retained to prepare annual report. During this period, I also provided general accounting and financial management services.
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ConsultantAxa Jan 2003 - Apr 2008Following my work on Axa's IT outsourcing project, I was asked to provide financial expertise to assist Axa IT Finance and Account Management to manage the outsourced mainframe printing operations. This entailed monthly financial analysis and a detailed audit after two years.The audit uncovered various over-charging and I assisted Axa IT Account Management in negotiations with the vendor to recover $1 million in same.Overall, outsourcing of mainframe printing resulted in a saving of $3.5 million over the initial 5 year contract.Subsequently provided further services when a contract extension was being negotiated on conclusion of the initial five year term. Further savings of $500k per annum were expected to be achieved for the subsequent 3 year term. -
ContractorAxa Dec 2000 - Jun 2003Initially engaged in Axa IT to assist Arthur Andersen to complete a project to achieve savings on GST through structuring of its IT division as a separate arms-length company to obtain GST credits on IT charges. The project realised savings in excess of $1 million per annum.Subsequently retained to manage an IT Chargeback project to improve the financial aspect of IT resource allocation and achieve greater financial efficiency throughout the company. The outcome was a saving of $1.4 million per annum from a cost base of $10 million.In December 2001, I became the finance manager of a major IT outsourcing project. My responsibilities encompassed preparing all financial forecasts, liasing with Axa Global IT managers in New York and undertaking financial analysis of tenders submitted for parts of the company's IT operations being outsourced to third parties.
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Acting It ManagerHuon Corporation Oct 2005 - Mar 2006Huon was a start-up company established to acquire automotive component manufacturing operations from Nylex. I was initially asked to provide advice on setting up IT network communications following the separation of these businesses from Nylex. Huon's Managing Director subsequently asked me to act as their part-time IT Manager. This primarily involved establishing the IT structure and strategy of the new company. I contracted Ridley Technology Group to carry out the detailed work as the expertise did not exist within Huon (Nylex IT was a centralised division and Nylex IT staff were not being transferred to the new company).[This is an example of how I can carry out assignments for two different clients simultaneously. I was primarily doing work for Axa at this time, but was able to take on the part-time Huon role as well.]
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Project AccountantNational Australia Bank Jul 2000 - Oct 2000Established financial management framework for the bank’s eNational Program, to monitor progress against budget and forecast future expenditures. eNational covered all eCommerce activities being developed by the bank. -
Consultant - Project ManagerNational Australia Bank Sep 1999 - Jun 2000Following earlier work for NAB IT and discussions with senior managers, I initiated a project to install specialised budgeting and planning software in order to further improve financial management within NAB IT.I selected Hyperion Pillar as the most appropriate budgeting and planning tool, obtained approval for project, acquired licences, installed software and replicated existing costing and planning processes in Pillar. This included integrating IT costing with financial planning, which were previously separate processes, and added a five-year business planning cycle to the process. The outcome was that time taken to prepare the annual budget was reduced by two months and the quality of analysis improved significantly.
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Acting It Finance Manager - Asia PacificNational Australia Bank Mar 1999 - Aug 1999Following a restructure of NAB's IT Finance department, I took on temporary responsibility for all accounting functions, supervised costing staff and took leading role in financial management of NSITE, including development of a long-term planning horizon, pending appointment of a full-time person to the position. This role was one of five comprising the NAB IT Finance Leadership Team.
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It Costing ManagerNational Australia Bank Mar 1998 - Mar 1999Developed IT product costing systems utilising Activity Based Costing principles, integrated costing model into annual planning process, liased with IT Account Management team to explain IT charges to internal customers and instituted program of continuous improvement in costing and planning.
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Project Finance Manager - Year 2000 ProgramNational Australia Bank Oct 1997 - Mar 1998Established financial management framework to monitor progress against budget and to forecast future expenditures for the bank's Year 2000 Program, then undertook day-to-day financial management of the progject.
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Manager Financial ServicesFmp Group Australia Pty Ltd Apr 1996 - Oct 1997[The company was previously called Bendix Mintex]Directly responsible to the Finance Director for managing all financial and accounting activities within the company and providing expert financial and taxation advice to him.Main achievements:Prepared monthly Profit & Loss reports for CEO and US parent company,reducing time taken to do this to from 1 week to 2 working days per month.Managed the Treasury function: implemented cash flow management practices to optimise borrowings and investments.Assisted the Finance Director in developing five-year strategic plans and integrated these into the annual budgeting process.Successfully applied to the Australian Customs Service to claim export facilitation credits on sales of manufacturing equipment. A prior application had been rejected. This was expected to earn additional revenue of $500,000pa.Introduced significant cultural change. Transformed the department from having a transactional processing focus to one with a strong internal customer service focus.
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Costing AnalystColes Myer Jul 1994 - Apr 1996Initially engaged to carry out financial and cost modelling. This assignment was extended to enable me to finalise costings and conduct investment analysis on several major IT projects. Budgets for the projects ranged from $5m for an inventory analysis system to $40m+ for an IT communications infrastructure.I then assumed responsibility for the entire cost and management accounting function. This involved utilising my accounting, IT and spreadsheeting skills to develop monthly management reports for products and projects. Activity Based Costing principles were formally adopted during this period.Main achievements:Converted a manual reporting process to an automatic one, utilising an Oracle general ledger system to allocate costs via recurring monthly journals and to produce standard monthly reports.Carried out lengthy investigations into the financial viability of products and projects using techniques such as discounted cashflow and payback in formulating recommendations.
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Site Project Manager - Peoplesoft ImplementationAlcoa May 1993 - Jun 1994Engaged at Alcoa of Australia (Portland Aluminium) as part of a national project team to implement PeopleSoft’s general ledger software in a client/server environment. At Portland, I was the sole project team member on site.The Australian PeopleSoft implementation formed part of a global project to re-design financial reporting, specifically to transmit financial data to Head Office in Pittsburgh in a form to expedite Board reporting. I also partook in this project, redesigning Portland Aluminium's general ledger to connect to their manufacturing system and efficiently consolidate data within the parameters of the global general ledger.As a result of the successful completion of both projects, Portland reported within one half day to Alcoa of Australia Head Office and Australia to Pittsburgh within one working day. The Board met to review global financial data within three working days.I also developed training programs to educate site staff in the use of the new software. -
Project AccountantAnsett Jan 1993 - May 1993Engaged to assist Ansett Head Office Finance staff to migrate the finance and accounting functions of Eastwest Airlines from their regional head office in Tamworth, NSW to the Melbourne Head Office environment. -
Financial ControllerBalgee Oil Jan 1992 - Aug 1992Directly responsible to the Managing Director and accountable for all financial management and accounting for the business.Main achievements:Treasury - implemented significantly improved cash flow management practices, reducing month end borrowings (overdraft) from $2.5m to under $600,000 within three months.Supervised debt collection and took an active role in collecting large customer debts as circumstances dictated in order to improve cashflow, reducing overdraft interest expense by 95%.
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Regional Finance And Administration ManagerElders Limited Apr 1990 - Jan 1992Based in Ballarat. Directly responsible to the Regional Manager. Assisted him to meet his accountability for all aspects of regional operations through providing expert financial management advice.Main achievements:By lending to clients on the basis of value to the business, using appropriate lending ratios and through prompt recognition of, and responding to, problems, bad debts were reduced to zero at a time of agricultural recession.Prepared a strategic business plan, enabling the region to emerge quickly from recession, becoming the first in Australia to be restored to profitability in the face of arguably the worst agricultural recession in nearly a century.Responsible for Human Resource management, instituted staff training and development plans and established a pilot managers and supervisors development program. The program substantially boosted staff confidence in their managerial capabilities and staff supervisory skills.
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Accountant - Property ServicesBrick Securities Limited Jun 1988 - Mar 1990Responsible to the National Manager Property and General Manager Finance for the property accounting function.Main achievements:Implemented a management reporting system incorporating annual budgets and monthly performance reports for all properties under management.Reviewed the data processing function, with emphasis on timely management. Evaluated effectiveness of the current system, considering alternative software packages where appropriate. Became a member of the company’s newly-formed IT Committee and took an active role in modernising the company's IT function, including assisting specialist IT staff with the implementation of a PC-based network.Provided financial expertise and commercial support to the National Manager Property for the company's Central Plaza property development project in Brisbane, including development of a ROI model.
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Company Secretary And AccountantVenture Stores (Australia) Sep 1984 - Jun 1988Responsible to the Chairman of Venture Stores for accounting for the family's private interests.Prepared management and statutory reports, tax returns, operating and cash flow budgets for 36 trusts and companies.Acted as Company Secretary for all private trusts and companies.
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Finance ManagerOutlook Credit Union Jul 1979 - Nov 1983Directly responsible to the General Manager for financial management. Responsibile for completing Board, management and statutory reports, operating and cash flow budgets, managing the Treasury function, IT and Human Resource management. One of four key managers but most staff reported to me. On occasion, acted as the General Manager in his absence.Main achievements:Conducted extensive negotiation with bankers and the national credit union association to ensure funds were available to meet member’s needs during the credit squeeze of 1982/3.Twice upgraded computer systems - first, from a manual accounting system to a Nixdorf hardware/software system and then to an AWA hardware/GCS software system.Assisted the General Manager in marketing. In 1980, our Annual Report won an award from the world association of credit unions for marketing excellence.
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Senior Internal AuditorAnsett Jul 1977 - Jun 1979Supervised internal auditors in the preparation for, conduct of and reporting on, various financial and operational audits. In this position, I supervised groups of up to 10 auditors as well as conducted audits on my own. This involved extensive travel throughout Australia and twice to Papua New Guinea.
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Assistant AccountantSt Vincent'S Public Hospital (Melbourne) Jul 1975 - Jun 1976Employment was undertaken as part of Supervised Professional Practice, the 'sandwich year' of my business degree. I was given duties in many departments of the hospital, the majority of which was undertaken within the EDP Manager's and Chief Accountant's departments. I gained experience in all aspects of accounting, particularly preparation of operating and cash flow budgets and monthly management reports.I also worked within the pay office, with full responsibility for preparing weekly and fortnightly payrolls for agency nurses.While working with the EDP Manager, I gained considerable exposure to large-scale EDP operations.
Ed Hunter Skills
Managerial Finance
Business Process Improvement
Erp
Strategic Planning
Financial Systems
Strategy
Analysis
Finance
Continuous Improvement
Business Planning
Financial Analysis
Outsourcing
Change Management
Management
Financial Reporting
Budgets
Strategic Financial Planning
Accounting
Project Management
Leadership
Start Ups
Financial Accounting
Executive Management
Ed Hunter Education Details
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University Of Rmit - Graduate School Of BusinessMba -
Institute Of Chartered Secretaries And AdministratorsCorporate Management
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Certificate Fundamentals Of Management -
Accountancy
Frequently Asked Questions about Ed Hunter
What company does Ed Hunter work for?
Ed Hunter works for Leh Investments Pty Ltd
What is Ed Hunter's role at the current company?
Ed Hunter's current role is Director and consultant at LEH Investments Pty Ltd.
What is Ed Hunter's email address?
Ed Hunter's email address is ed****@****.net.au
What schools did Ed Hunter attend?
Ed Hunter attended University Of Rmit - Graduate School Of Business, Institute Of Chartered Secretaries And Administrators, Australian Institute Of Management, Rmit University.
What skills is Ed Hunter known for?
Ed Hunter has skills like Managerial Finance, Business Process Improvement, Erp, Strategic Planning, Financial Systems, Strategy, Analysis, Finance, Continuous Improvement, Business Planning, Financial Analysis, Outsourcing.
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