Simon Reed

Simon Reed Email and Phone Number

Director at SPR Accounting @ SPR Accounting
Simon Reed's Location
Greater Sydney Area, Australia
About Simon Reed

Simon has over 20 years working with small to medium enterprises rising to the level of financial controller of an organisation turning over $100 million. He has also had a stint of 18 months in Asia as group financial controller. He is now departing his knowledge to the growing small business clients of SPR Accounting. Simon has helped small business from start up through the growth of the business to the eventual sale of the business.Simon also manages the self managed super funds department. He is able to align financial strategies and tax advice to give clients the best possible retirement.Simon’s 20 years experience is matched with his qualifications. He has been a CPA (for more time that he would like to admit) and has an MBA from Macquarie University. He also mentors CPA students.Specialties:Financial planning, wills and estate planning, equities and managed funds, property investment, mortgage brokering, conveyancing, tax advice.

Simon Reed's Current Company Details
SPR Accounting

Spr Accounting

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Director at SPR Accounting
Employees:
2
Simon Reed Work Experience Details
  • Spr Accounting
    Director
    Spr Accounting Jan 2011 - Present
    Parramatta
    SPR Accounting, formed in 2011 has been providing quality accounting services to a diverse range of clients from scrap metal merchants to employment agencies and prides itself in offering personalised service which specialises in small businesses. Accounting services should not stop at your monthly bas statements and strive to be the people you talk to about your business and its future direction. We know that you are busy running your business and don’t always have time to travel to an offsite meeting, so we will happily come to you. That way you it will only take an hour or two out of your busy day rather than losing the whole morning or afternoon. We are focused on helping you achieve your goals and know just how valuable your time is, so we concentrate on making the most the meeting. If you are serious about your business than we are serious about your taxation needs. We also deliver self-managed superannuation funds to our clients, which allow them to take control of their retirement savings in a tax effective way. So if you own your own premises or are thinking about purchasing your own premise then a self-managed super fund could be the way to go. This has proven to be a winning combination which frees up cash and improves growth.
  • Announcer Group
    Partner/Head Of Tax
    Announcer Group Mar 2007 - Apr 2013
    Sydney, Australia
    I was employed in this role to bring tax work inside the Announcer Financial Planning group.So that the group could become a one stop shop Financial Group.During my 6 years as the Tax partner I have seen the group grow from myself and one assistant to a team of 6 people. In that time turnover has moved from under $100,000 to $600,000. The range of clients has moved from just providing tax services for individuals to providing tax services for businesses and self-managed super funds.My role has been to provide the face of the Tax team and take on clients whilst providing the technical accounting expertise. I have also mentored and trained the staff, who were taken on straight from university or school.
  • Cad Partners Cfo On-Call
    Franchisee
    Cad Partners Cfo On-Call 2001 - 2007
    CAD Partners is a Franchise organisation that provides part time Financials Controllers to small and medium size companies that require the financial expertise of a Financial controller but do not have the capacity or need to have a high level financial resource on a full time basis.I helped various companies install systems and methodologies that helped them understand the financial aspects of their businesses and with the systems in place increase the business that they could undertake which also increased their profitability.
  • The Star (Formerly Star City)
    Financial Accounting Manager
    The Star (Formerly Star City) 1999 - 2001
    Pyrmont
    At Star City I had various roles starting as the Accountant reposting to the Financial Accounting manager, through to a project manager in the implementation of GST into Star City.Financial Accounting Manger responsibilities:• Day to Day management of the financial Accounting Department• Manage a department of 13 members• Preparation of half yearly and yearly Results• Liaising with external Tax consultant in relation to the tax issues and proposing changes that would allow the accounting system to achieve tax compliance requirements.Project Accountant:Joint project manage the Finance and Administration work stream of the Star City GST Implementation project. Liaised with Ernst and Young team as Star City account and company specialist to ensure Star City’s GST compliance Responsibilities:• Ensuring the financial systems could accommodate changes required due to GST• Design reporting formats that would allow for easy reconciliation and calculation of GST and preparation of the BAS • Highlight and design GST compatible solutions for the anomalies that exist in the Casinos revenue and expense streams (EG Changes to State Gaming Taxes
  • Boral Limited
    Senior Management Accountant (Contract Role)
    Boral Limited Apr 1999 - Aug 1999
    Responsibilities:• Day to Day management of the accounting department• Re-organising the department due to the departure of four or the six staff while ensuring monthly and yearly accounts were not adversely affected• Preparation of the year-end tax schedules and tax return for Boral LimitedAchievements• A successful re-organisation of the department, while still obtaining year end timetable• Analysis of departments workflow and re-distribution of employees’ workload to accomplish work with a reduction in headcount• Early completion of the tax schedules
  • Nutri-Metrics Pty Ltd
    Title Financial Accountant (Contract Role)
    Nutri-Metrics Pty Ltd Sep 1998 - Mar 1999
    Responsibilities:• Day to day management of the accounting department• Overseeing the preparation of monthly management accounts, forecasts and budgets for the companyAchievements:• Re-organised the workflow of the accounting department. This enabled the company to better utilise the current resources in the department to provide better and timelier information to management and other departments• Instrumental in collecting and analysing the information for both the budget and forecasts within the timeframe and detail required by Nutri- Metrics new owner Sara Lee a large US Conglomerate
  • Must Garment Corp Limited
    Assistant Financial Controller
    Must Garment Corp Limited 1996 - 1997
    Hong Kong
    Responsibilities:•Monitored the company’s ventures in Bangladesh and provided recommendations on improving the performance and profitability to the Board of Directors.•Responsible for the implementation of systems and controls to ensure that management objectives were met. To achieve my responsibilities: I visited Bangladesh 10 days a month.Achievements• Rationalised the number of joint ventures in Bangladesh form 10 to 3. This allowed the company to concentrate on the profitable joint ventures and the new manufacturing concern.• Oversaw the second phase of a start up of a garment factory in Bangladesh. The factory had 700 workers when I joined and a negative cashflow. When I left ig had 1,200 workers and a positive cashflow and was considered one of the best run factories in Bangladesh.• Updated accounting systems from fairly rudimentary cash reporting systems to proper accounting systems so monthly management reports could be presented to the board• Managed the installation of a computer based Activity Based Costing (ABC) system that allowed the company to track the cost of the garment at each stage of production.• Trained the accounting staff how to use the ABC system• My time in Asia made me culturally sensitive to the Asian way of carrying out business and the important of networks and trust in building business relationships• Communicated with employees from Barod level to the production clerk in a Bangladesh company
  • Internet Travel Pty Ltd
    Financial Controller
    Internet Travel Pty Ltd Jun 1995 - Sep 1996
    Responsibilities• Day to Day management of the Finances of the company• Preparation of statutory accounts, budgets cash flow and monthly management reports• Preparation of quarterly banking reports and liaising with the bank’s relationship manager• Supervising six staffAchievements• Increased turnover by more than $10 million while still retaining the same number of accounting staff• Increased the capital base of company by over 50%• Supervised the updating of the LAN system and being system administrator• Persuaded the managing director and owner of the company that due to the rapid growth of the company and the limited capital base that the company should seek new capital or merge. The company subsequently merged successfully • Led a well-run and motivated accounting department

Simon Reed Skills

Accounting Finance Financial Statements Tax Advisory Financial Accounting Internal Controls Tax Accounting Corporate Tax Smsf Small Business Tax Financial Controlling Tax Efficiency Partnership Tax Returns

Simon Reed Education Details

  • Macquarie Graduate School Of Management
    Macquarie Graduate School Of Management
    Master Of Business Administration (Mba)
  • Certified Practicing Accountants Australia
    Certified Practicing Accountants Australia
    Cpa

Frequently Asked Questions about Simon Reed

What company does Simon Reed work for?

Simon Reed works for Spr Accounting

What is Simon Reed's role at the current company?

Simon Reed's current role is Director at SPR Accounting.

What schools did Simon Reed attend?

Simon Reed attended Macquarie Graduate School Of Management, Certified Practicing Accountants Australia, Macquarie University.

What skills is Simon Reed known for?

Simon Reed has skills like Accounting, Finance, Financial Statements, Tax Advisory, Financial Accounting, Internal Controls, Tax Accounting, Corporate Tax, Smsf, Small Business Tax, Financial Controlling, Tax Efficiency.

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