Head Of Finance And Operations
CurrentThe Klausen Group of companies includes Durablend, one of Australia’s largest contract food and non-food manufacturers along with Klausen Process Machinery, a leading materials handling design and engineering provider for the food, pharmaceutical, chemical and plastics industry.- Responsible for managing overall finance function including financial reporting (IFRS), budgeting, forecasting, treasury and capital management. Commercial partner and advisor to MD and executive management team - Led and initiated ongoing review of key clients, categories and suppliers resulting in 7% revenue growth and 9% gross margin improvement.- Led, developed and formalised costing and cost volume profit analysis models along with detailed financial analysis of manufacturing operations for all major product and manufacturing lines- Quantified true production throughput and capacity utilisation by observing and recording activities on each manufacturing line. Identified labour and process efficiencies resulting in a 14% improvement in throughput- Led strategic planning, modelling and implemented relocation of primary manufacturing sites; successfully completed ahead of time and budget without disruption to production - Recapitalised business and restructured banking facilities, halving interest expense and providing cash flow for new projects. Identified sale and leaseback opportunities freeing significant capital for new investment- Identified and secured payroll tax savings of 35% by leveraging government initiatives for contract production staff- Championed, negotiated and led implementation of new ERP to centralise fragmented systems and data storage- Led overhaul of management accounts and monthly close process, improved close timing by 60%- Identified and secured significant R&D tax incentives by formalising all novel capabilities, activities and expenditure - Coach and mentor for all junior staff serving as their go-to resource for finance and commercial support
