Neil Johnston

Neil Johnston Email and Phone Number

Head of Finance @ Xtrac Ltd
berks, west berkshire, united kingdom
Neil Johnston's Location
Greater Reading Area, United Kingdom
Neil Johnston's Contact Details

Neil Johnston personal email

n/a
About Neil Johnston

A financial leader and business partner controlling the month end, forecasting and budget process, delivering high quality financial and operational insights and recommendations that enable the business to track progress, make informed decisions and determine strategy. Experienced in building strong relationships with commercial and operational teams, becoming a trusted and valued business advisor. Utilizing excellent analytical and excel skill to work with large multi-source data sets producing concise, relevant and targeted information to the business. Applying strong technical accounting knowledge to overcome problems and maximise opportunities. Works with and challenges the shared service centre to drive continuous improvement in the accounting process.Qualified Chartered Accountant (first time passes). British citizen. Additional Experience: M&A and business disposal. Property acquisition. Bid / Tender management. US GAAP, SAP, Accounting conversion and transition. Accounting software implementation. Management of multi-site teams and company accounts.

Neil Johnston's Current Company Details
Xtrac Ltd

Xtrac Ltd

View
Head of Finance
berks, west berkshire, united kingdom
Website:
xtrac.com
Employees:
106
Neil Johnston Work Experience Details
  • Xtrac Ltd
    Head Of Finance
    Xtrac Ltd Feb 2022 - Present
    Thatcham, England, United Kingdom
  • Wsh
    Interim Head Of Treasuary
    Wsh Dec 2021 - Feb 2022
    Reading, England, United Kingdom
  • Hanson Uk
    Head Of Business Line Finance
    Hanson Uk Dec 2020 - Dec 2021
    Maidenhead, England, United Kingdom
    Core Responsibilities● Managing 7 Senior finance managers across 5 different business lines● Coordinating budgeting and forecast process across all business lines● Overseeing monthly management reporting cycle and driving continuous improvement● Driving replacement of excel based forecast and plan models with specialised planning system -Anaplan● Leading digitalisation of commercial and operational reporting onto Tableau replacing excel and PowerPoint● Driving profit improvement initiative’s with commercial and operational teams
  • Hanson Uk
    Finance Team Lead Materials Hanson Uk
    Hanson Uk May 2019 - Dec 2020
    Maidenhead
  • Hanson Uk
    Finance Team Lead Materials
    Hanson Uk Apr 2019 - Dec 2020
    Maidenhead
    Core Responsibilities• Managing 4 Senior finance managers across 3 different business lines• Coordinating budgeting and forecast process across different business lines• Overseeing monthly management reporting cycle and driving continuous improvementAchievements• Drove successful implementation of new finance reporting structure with reduction in head count • Integrated shared service centre reporting team into month end analysis – shortening month end closing form 5 to 4 days• Lead digitisation of reporting to Hanson directors onto Tableau from Power Point• Developed and lead ‘finance for none finance’ training programme for unit managers increasing financial competence throughout the business
  • Hanson Uk
    Senior Finance Manager - Strategy Department
    Hanson Uk Jul 2018 - Apr 2019
    Maidenhead
    Six Month SecondmentCore Responsibilities - High Speed Rail• Coordinate and critically review commercial bids for all HS2 contracts with a combined commercial value of £500m • Preparation and presentation of all capital papers required for the contracts• Liaison between commercial and operational teams to ensure alignmentCore responsibilities - Project Mercury - disposal of a business line• Leading multi-function remote virtual team in preparing online data room for potential buyers and their advisors• Managing property, employee, legal and other work stream to ensure sale can be completed• Hanson point of contact for all due diligence queries• Presenting weekly updates on data room activity and requests from buyers to executive Steering committeeAchievements• Data room completed on schedule keeping disposal on track to be realised in current financial year• Low volume of additional information requests received in due diligence phase keeping distribution to management minimal• 1st round of HS2 Budget tenders successfully submitted on time
  • Hanson Uk
    Senior Finance Manager - Aggregates
    Hanson Uk Jun 2015 - Apr 2019
    Core Responsibilities• Business partner driving commercial and cost analysis to identify targeted improvements• Leading bottom up budgeting and forecasting in conjunction with the regional commercial and operational teams• Monthly management reporting of key variances to senior management• Review of balance sheet reconciliations ensuring visibility over risk and opportunities • Perform annual inventory revaluation at a site and product level improving relevance and reliability of financial values used in commercial decisions• Drive continuous improvement in system and controls to improve the accuracy, reliability and speed of reportingAchievements• Revised the commercial reporting, improving the quality of data provided to the business and giving greater visibility on the drivers of revenue variances• Developed detailed workings to accurately perform annual inventory revaluation. Achieving £1m increase in inventory revaluation and giving management increased confidence in using inventory values in commercial pricing reviews• Developed strong relationships with regional management improving their perception of finance as a value adding function
  • Hanson Uk
    Senior Financal Accountant
    Hanson Uk Sep 2011 - Jun 2015
    Maidenhead
    • Leading the preparation of over three hundred UK company statutory accounts, coordinating internal reviews, external auditor and preparation of IXBRL tax accounts • Advising and approving the accounting treatment and classification of group restructures, leases, property disposals, and other non-reoccurring transactions• Budgeting, forecasting and monthly reporting for head office and financing companies • Monthly reporting and liaising with German bank on debtor securitisation programme and annual due diligence visit• Annual impairment reviews including the identification of the cash generating unit’s appropriate aggregation of individual sites and business lines extrapolating beyond budget years on market data and responding to audit challenge Achievements• Leading the conversion of financial information from IFRS to USGAAP including historic and future periods and detailed management information to assist in the successful $1bn disposal of the UK and US bricks division of the Heidelberg Cement group • Implemented the change of the basis of preparation of the statutory accounts from Word/Excel to specialised accounting software enabling the in house production of IXBRL tagged accounts for submission to HRMC saving £250k annualised fees• Led the accounting analysis to achieve ‘off balance sheet financing’ for £120m debtor securitisation programme and built robust budgeting and forecasting model for related fees, interest and cash flow payments• Led accounting for stepped acquisition of former JV into fully consolidated subsidiary
  • Deloitte
    Audit Manager
    Deloitte Dec 2005 - Sep 2011
    Started as a graduate associate in the Guernsey office working on a wide variety of clients across numerous industries. Qualifying as a charted accountant (ACA) in December 2008 (first time exam passes), and promoted to manager ahead of my peers in 2009. As an audit manager I managed audit teams of up to 8, and reported and presented directly to audit partners and clients board of directors. I also managed a successful corporate finance transaction and was a training course facilitator.

Neil Johnston Skills

Accounting Financial Analysis Financial Reporting Internal Controls Financial Accounting Ifrs External Audit Microsoft Excel Group Reorganisations Corporate Finance Us Gaap Reporting Data Analysis Business Partnering Due Diligence Forecasting Variance Analysis Management Accounting Managerial Finance Management Accounts Conversion

Neil Johnston Education Details

Frequently Asked Questions about Neil Johnston

What company does Neil Johnston work for?

Neil Johnston works for Xtrac Ltd

What is Neil Johnston's role at the current company?

Neil Johnston's current role is Head of Finance.

What is Neil Johnston's email address?

Neil Johnston's email address is ne****@****e.co.uk

What schools did Neil Johnston attend?

Neil Johnston attended The University Of Stirling, Douglas Academy.

What are some of Neil Johnston's interests?

Neil Johnston has interest in Children, Disaster And Humanitarian Relief, Economic Empowerment.

What skills is Neil Johnston known for?

Neil Johnston has skills like Accounting, Financial Analysis, Financial Reporting, Internal Controls, Financial Accounting, Ifrs, External Audit, Microsoft Excel, Group Reorganisations, Corporate Finance, Us Gaap Reporting, Data Analysis.

Who are Neil Johnston's colleagues?

Neil Johnston's colleagues are George Gregson, Josh M., Martin Carrick, Sean Hartney, Mark Brogden, J M, Jamie Lawson.

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