Stephen Rae Email & Phone Number

Melbourne, Victoria, Australia

Responsible for leading the team in the development, direction, control and administration of the financial activities of Chobani Australia.• Ensure financial performance for all Chobani Australia is achieved in accordance with the approved annual budget and AOP.• Develop annual P&L budgets, supply chain forecasts and targets and ensure aligned to the Chobani business and demand strategies.• Lead, direct, control and manage the day-to-day operation of the financial management of… Show more Responsible for leading the team in the development, direction, control and administration of the financial activities of Chobani Australia.• Ensure financial performance for all Chobani Australia is achieved in accordance with the approved annual budget and AOP.• Develop annual P&L budgets, supply chain forecasts and targets and ensure aligned to the Chobani business and demand strategies.• Lead, direct, control and manage the day-to-day operation of the financial management of the company in line with accounting standards and best in class financial practices.• Ensure the timely, relevant, and accurate preparation of all financial statements and management reports to all relevant stakeholders locally and at a Global level.• Strategically participate in the development of the company’s corporate long-term strategy and targets in line with the Chobani vision, mission and purpose and with consideration to market, industry and technology changes. Show less

Melbourne, Australia

Key responsibilities of this role include working with the CEO and Board to develop our strategic plan and major strategic programs and to ensure our business plans and resources are aligned. As part of this role I have led group acquisition and integration programs including the Mondelez meals business in 2017 (including Vegemite) and Lion Dairy and Drinks in 2021. This included working with corporate advisors to develop acquisition models, determine value and to negotiate legal agreements… Show more Key responsibilities of this role include working with the CEO and Board to develop our strategic plan and major strategic programs and to ensure our business plans and resources are aligned. As part of this role I have led group acquisition and integration programs including the Mondelez meals business in 2017 (including Vegemite) and Lion Dairy and Drinks in 2021. This included working with corporate advisors to develop acquisition models, determine value and to negotiate legal agreements. Integration activities include overseeing the design of the new organisation structure and other programs to ensure synergy targets are met. This role also provides commercial insights to support major capital programs including business case development and Board engagement. More recently I have led the development of the company's greenhouse gas emission targets and programs to understand our scope 3 emissions and reduce the company's carbon footprint. Show less

Melbourne, Australia

Reporting to CFO, this role is responsible for long term planning and financial modelling, commercial analysis and decision support on major projects, value creation opportunities and scenario planning.My key achievement in this role was to lead the integration of the $460m investment in the Mondelez meals business in 2017, which included Vegemite, Kraft peanut butter and a range of other brands. This integration program was a transformational project for Bega and included the… Show more Reporting to CFO, this role is responsible for long term planning and financial modelling, commercial analysis and decision support on major projects, value creation opportunities and scenario planning.My key achievement in this role was to lead the integration of the $460m investment in the Mondelez meals business in 2017, which included Vegemite, Kraft peanut butter and a range of other brands. This integration program was a transformational project for Bega and included the deployment of new systems, the integration of over 200 staff and Port Melbourne manufacturing facility. Show less

Port Melbourne

The Manager - Group Operations Finance is responsible for overseeing the financial function across the six Bega Group manufacturing facilities, as well as group procurement and logistics. This role encompasses monthly reporting, budgeting and forecasting, business partnering and commercial support and reports directly to the CFO. In this role, I have been actively involved in the financial and commercial analysis to support the development of new manufacturing facilities, major tenders and long… Show more The Manager - Group Operations Finance is responsible for overseeing the financial function across the six Bega Group manufacturing facilities, as well as group procurement and logistics. This role encompasses monthly reporting, budgeting and forecasting, business partnering and commercial support and reports directly to the CFO. In this role, I have been actively involved in the financial and commercial analysis to support the development of new manufacturing facilities, major tenders and long term growth initiatives. Show less

Melbourne

This role was a direct report and business partner to the General Manager, LPG and was responsible for the commercial and reporting needs of the LPG division across Australia and Asia/Pacific. With 4 direct reports, the role incorporated monthly reporting, budgeting and forecasting, capital reviews and analysis and post capital implementation analysis.

Reporting to the GE Governance and Strategy and then LNNF Corporate Development Director, the key priority for this position was the divestment of the NSW and SA Milk Businesses under an ACCC Undertaking as part of the Dairy Farmers acquisition (“Freshco”) .The key priority for the role and the team is to add shareholder value through the execution of strategic transactions and to assess the strategic value of M&A opportunities

Key Responsibilities:Reporting to the CFO, the key priorities for this position were to provide accurate, relevant and timely information on financial performance and to educate users of that information for enhanced decision making;Oversee tax function and statutory reporting function;Key liaison with external auditors;Maximise efficiency of the reporting function;Oversee quarterly reporting requirements to Kirin;Assist with development of accounting policies and… Show more Key Responsibilities:Reporting to the CFO, the key priorities for this position were to provide accurate, relevant and timely information on financial performance and to educate users of that information for enhanced decision making;Oversee tax function and statutory reporting function;Key liaison with external auditors;Maximise efficiency of the reporting function;Oversee quarterly reporting requirements to Kirin;Assist with development of accounting policies and guidelines;Manage the internal audit program and Japanese Sarbanes Oxley compliance project;Manage a team of approximately 90 staff across Australia, with five direct reports;Present monthly results to the Group Executive and Managing Director, providing insights into key variances and trends;A member of the NFL Process Owner Group, charged with maximising the benefits from SAP and delivering process improvement throughout the organisation;Actively participate in the Graduate Steering Committee.Achievements:Enhanced the quality and relevance of month end reports for the Executive;Managed through change including the integration of Lactos and SAP implementation;Following integration of Berri and NFL, redesigned the finance function, with further changes to respond to the SAP implementation and changing commercial environment;Improved communication and understanding within the business through development of a high level Finance report to distributed to all General Managers in the business on a monthly basis;Won the NFL integrity award in 2008. Show less

Manager of Business Analysis, Sales and MarketingResponsibilities:Reporting to the GE Cheese and International and then to the GE Sales and GE Marketing, the key responsibilities of this role were:To ensure all forecasts and budgets were consistent with the strategic agenda and growth prospectsAct as the conduit between the business functions and the finance team in key projects, results analysis, NPD and performance improvement activitiesAchievements:Developed… Show more Manager of Business Analysis, Sales and MarketingResponsibilities:Reporting to the GE Cheese and International and then to the GE Sales and GE Marketing, the key responsibilities of this role were:To ensure all forecasts and budgets were consistent with the strategic agenda and growth prospectsAct as the conduit between the business functions and the finance team in key projects, results analysis, NPD and performance improvement activitiesAchievements:Developed Brand Contribution reporting for King Island brand portfolio, providing enhanced visibility of the performance of the various brands. That included a presentation to the Managing Director and CFO and led to a number of profit improvement initiatives;Finance representative on the project team on the sale of Premium Dairies;Creating a range of reports to assist new management team develop strategies across the two main divisions, including channel profitability reviews, ROFE reviews and state sales analytics;Created an innovative new format for monthly reporting to the NFL Executive to ensure the information was concise and informative;Preparing financial forecasts and work cross functionally with sales and logistics to help assess licensing opportunities and to analyse promotional programs to ensure they are adding value;Developing hurdle rate targets to assist the marketing team in new product development to ensure new products generated an appropriate return on funds employed. Show less

Prior to acquisition by NFL, I was responsible for all financial and management reporting and ASX reporting requirements for The King Island Group. I managed the Finance function with a team of 16, which included Accounting, Payroll and Accounts Payable/Receivable.AchievementsOverseeing the integration of King Island Company Finance function into National Foods Shared Services and reducing month end reporting from 10 days to 4 days;Improved the quality of reconciliation and… Show more Prior to acquisition by NFL, I was responsible for all financial and management reporting and ASX reporting requirements for The King Island Group. I managed the Finance function with a team of 16, which included Accounting, Payroll and Accounts Payable/Receivable.AchievementsOverseeing the integration of King Island Company Finance function into National Foods Shared Services and reducing month end reporting from 10 days to 4 days;Improved the quality of reconciliation and control procedures;Developed Brand Contribution reporting for King Island brand portfolio;Finance representative on the project team on the sale of Premium Dairies;Creating a range of reports to assist new management team develop strategies across the two main divisions, including channel profitability reviews, ROFE reviews and state sales analytics;Created an innovative new format for monthly reporting to the NFL Executive to ensure the information was concise and informative;Preparing financial forecasts and work cross functionally with sales and logistics to help assess licensing opportunities and to analyse promotional programs to ensure they are adding value. Show less

I began with Coopers & Lybrand in the audit division as a graduate in 1993. I worked in the audit division for nearly five years, before moving to London on a secondment for two years.Responsibilities:Planning and cost control, time management;Staff coaching and development;Internal control reviews and recommendations for improvement in the control environment;Liaison with senior client finance personnel;Analysing financial issues and providing conclusions on… Show more I began with Coopers & Lybrand in the audit division as a graduate in 1993. I worked in the audit division for nearly five years, before moving to London on a secondment for two years.Responsibilities:Planning and cost control, time management;Staff coaching and development;Internal control reviews and recommendations for improvement in the control environment;Liaison with senior client finance personnel;Analysing financial issues and providing conclusions on those issues;Accounting advice to clients;Working cross functionally across other PwC divisions to meet deadlines and ensure all issues had the appropriate level of review. Show less

Senior Executive Program (Sep)

Company Directors Course, Dierctorships

Grad Diploma, Applied Finance And Investment

completed a Masters Unit in Corporate Financial Management

Py, Accounting

Bachelor, Economics