Mark Molloy Email and Phone Number

Initially a temporary 3-6 month contract, my role was to look at the fixed asset process and to develop a fixed asset policy as the business had just gone through a restructure. The role evolved into looking at all finance functions, examining procedures and implementing areas of improvement across the team. Once the changes had been implemented, I produced a comprehensive set of procedural notes for review by senior managers which provided the Finance team with a library of knowledge that could be referenced by anyone. I also developed Finance Policies that contributed to the business framework as a whole.A number of difficulties were within the International Accountants role around communication and the time it took for month end queries to be resolved due to working across various time zones. I quickly established a set of post draft account review calls with five world regions which enabled any changes to be made before the accounts were finalised. I thoroughly enjoyed my time at RICS, being able to work with all departments the work was varied I achieved a good overview of the business and was able to add value in a number of areas. KEY ACHIEVEMENTSCreation of over 80 pieces of procedural documentation for all areas of Finance including Sales Ledger, Purchase Ledger, International & Management AccountsDrafted Finance functions key policy documents Implemented key changes to the International Accountants role including monthly review calls & timetable for submissions RESPONSIBILITIESReview/document processes & procedures as agreed with the Director of FinanceFacilitate workshops and engage with the business to ensure processes are captured and understood at all levelsManage the end-to-end implementation of process improvements, ensuring adherence to agreed processes across the businessCover other roles (international accountant, cost accountant) within finance on an interim basis during period of sickness and when the posts were vacated

I first began working with Caterpillar Logistics as a Management Accountant working on projects to aid the company in splitting the third party logistics arm of the business to become a separate legal entity called Neovia Logistics. This involved separating fixed assets, establishing separate sets of customers and suppliers and allocating cost and revenue streams accordingly. When the company later restructured and a number of finance roles were moved abroad I was able to successfully transition the Fixed Asset role to a team in Bangalore which involved a two week placement in India to train and support the team followed by a number of months remote support. I was also the Management Accountant for the nine holding companies which were created when Neovia was formed. This involved monthly analysis of bond and interest movement between the nine companies. Through the project work undertaken I was able to enhance my systems knowledge of SAP and developed experience of writing test scripts and user acceptance testing. KEY ACHIEVEMENTSSet up and managed 9 finance holding companies containing in excess of $500m intercompany loansLead UAT team for the AR function of SAP migration projectSuccessfully transitioned key processes to team in India – including travel and training in Bangalore officeRESPONSIBILITIESMonthly review of P&L and BS of holding companies, including interest calculations correctly booked and verifying FX are correctManage communication of monthly financials relating to the holding co’s to senior execs within the companyAnalysis of holding companies transactions to guarantee compliance with local tax laws. Work closely with Treasury to ensure funds are correctly distributed across eight legal entities. PROJECT WORKKey member of project team to Create data mapping tables to be used with new Global Template of SAPAssist in revaluing all Fixed Assets to fair value and assess impact on Local GAAP and US GAAP reporting.

I joined Kaplan Hawksmere after being headhunted by the Assistant Financial Controller who was a previous colleague from Pernod Ricard. The role involved all aspects of Financial Accounts from balance sheet reconciliations, pre payments and accruals to variance analysis and budgeting and forecasting. During this role I was able to establish a weekly numbers report providing key information on the metrics of the business for the managing directorate, developed procedural documents, managed junior members of the team in absence of the Assistant Financial Controller. KEY ACHIEVEMENTS;Introduced a weekly numbers report including KPI's and trend analysis for the MDBuilt and maintained monthly management information pack Documented all Financial Accountant business processesRESPONSIBILITIES;Support the month end process and produce high quality regular management information. Full balance sheet reconciliation including resolving any reconciling items Calculate prepayments and accruals for operating costs and analyse invoiced costsVariance analysis of all P&L costs Calculate, agree and process inter-company transactions ensuring correct manager sign offLiaise with senior managers to produce budget and latest estimates for the year Assist the Finance manager in preparation of the Statutory Accounts and Audit file PROJECT WORK;Assist in the implementation of a new accounting system TM1. Liaise with IT to devise a timetabled plan of action and make sure it is followed. Highlight any areas of concern with Finance Manager Ensure that all new procedures are compliance with SOX

Assist the Financial Accountant in the month end deadlines. Provide detailed breakdown & analysis of Interco transactions. Interco reconciliation of over 20 group companies with a value of £2m a monthLiaise with worldwide group holdings to ensure that all interco balances are up to date. Make fortnightly payments to suppliers at a value of around £1mProvide in depth monthly analysis of the breakdown of expense costs across the businessPosting of monthly accruals for overheadsFull Bank Reconciliations

Responsible for raising purchase orders and paying invoices for central Government.Ensure payments met on a timely fashion.Batching, Matching and coding of supplier invoicesLiaising with high level officials within central GovernmentMaintaining effective contact with internal and external customersEnsure supplier invoices are paid in timely fashion

Reconciling clients cash activity, cash balances and positions held in prime brokerage accounts against the internal accounting records held at JP Morgan.Daily reconciling of six hedge funds including fixed income, futures and options with a value of over $3MResearching of corporation actions to decipher their role on holdings and notional valuesReport and investigate trade breaks with offshore partnersMaintain contact with prime brokers to ensure deliver effective results

Responsible for accurate batching, matching and coding of supplier invoices.Ensure effective, efficient financial and administrative operations.Processing of 50-100 invoices per day.Work towards strict deadlines to ensure payments made at end of monthMaintained constant contact with suppliers

Renovation of previously owned property.

Accountable for all rejected incoming Direct Credits for the consumer bank. Reconciling of internal accounts. Continuous contact with other banks to ensure correct flow of funds, dealing with customer queries.Recovered £68K from other banks due to system errorResponsible for a number of Business Development Requests to maintain constant improvements in serviceIn charge of the day-to-day managing and monthly proofing of six accountsCross trained with all members of staff in team, encompassing BACS payments, unpaid cheques and Direct Debits.

Ensuring the transfer of customers accounts from other suppliers ran efficiently. Handling of customer queries.Compiled training manuals for teams processesTrouble shooting the customer service transfer processLiaising with other teams to enable smooth transition of customer accountsCOMPUTER SKILLS AND TRAINING ORACLE, SAP, Hyperion, NavisionPeople soft, 4D.Highly proficient in Microsoft Office