Gary Hatton

• Hands-on review and assisting with Monthly and Quarterly Reporting and associated controls.
• Developed long-term accounting models in respect of costs to complete and margin recognition.
• Forecasting, Budgeting and Working Capital Management.
• Managing and developing Internal Financial Controls to satisfy SOX requirements.
• Pricing and Cost Management for both short term and long term contracts, operational expenses and development and review of labour and machine rates for quotation purposes.
• Liaison with local, group and corporate functions for reporting, tax, cash and responsibility for both external and internal audit requirements.
• Introduced and managed RDEC claims which have allowed business to claim >£5m in other income since 2018.
• Member of Site Senior Leadership Team with reporting responsibilities into US operational teams.
• Managing team of 11 people which includes Finance Shared Services function that supports 3 sites in UK.
• Continuing implementation of SAP4/HANA.
• Statutory responsibilities as both a Director and Secretary for Moog Wolverhampton Limited.
• Focus on succession planning having made significant adjustments to the site finance team since 2018.

Asked to return to an operational role by the Board so as to provide a solid financial structure to the business unit prior to the introduction of a significant amount of new business that trebled the turnover for the site. This included the financial management of £40m of investment in buildings, plant and machinery and ensuring that the site management team had adequate operational and financial controls in place so as to support the phased ramp up of new business.

• Financial responsibility for the business unit reporting to the UK and Canadian senior management teams - monthly reporting, budgeting and forecasting.
• Working capital and cash management.
• Member of the operational management team and lead for financial and non-financial reporting.
• Managing costing and pricing data for 100+ new part numbers across a number of product lines.
• Ensuring that adequate financial controls were in place as the business unit's turnover increased to +£150m.

Following on from my time as a contractor, I was asked to return to Stadco to support the business with a number of new business opportunities, to support a re-financing exercise and also to ensure that the financial reporting systems were developed in readiness for disposal.

• Developed and implemented consistent reporting across the business units.
• Consolidation of monthly management accounts and provision of group operational financial information to the shareholders.
• Liaising with banks and advisers to support the re-financing of the business.
• Lead finance support to the commercial function for a number of significant new business opportunities both at home and overseas.
• Lead finance role in an overseas business opportunity that required over £100m of investment, dealing with the customer, an overseas government agency and their corporate advisers,
• Collation and consolidation of all financial and non-financial information required for a Data Room.
• Supporting a number of due diligence exercises to interested parties and provision of additional information as and when required.

Following on from redundancy at Acertec Construction Products Limited, I set up the above company for a number and variety of contracting assignments.

Acertec Construction Products Limited (ACPL) consisted of six reporting units (four operational units). ACPL was the holding company for the four operating units that were previously part of British Reinforced Concrete Limited.

I was appointed Finance Director with full responsibility for all financial aspects and functions of the business.

• Introduced clarity and consistency to monthly reporting and forecasting.
• Introduced controls and improvement of working capital management and cash management within the businesses.
• Participated in strategic and operational reviews of all the businesses, resulting in the closure of one of the businesses in May 2009.
• Completed a detailed review of products, product profitability, markets and competitors and subsequent preparation of medium term business plans.
• Liaising with Corporate Financial Advisers to prepare IMs, Data Rooms and Management Presentations to ready the three remaining businesses for sale, ultimately working with all the interested parties and advisers to complete the disposal of the businesses together with the preparation of Completion Accounts and handover of any legacy issues.

• Fully responsible for financial management of a new Greenfield facility in St Petersburg, Russia.
• Preparation and presentation of business plans to parent company board, the customer and potential providers of finance.
• Liaison with a number of Russian professional advisers.
• Leading pricing discussions with current customer and potential new customers.
• Attended monthly operational reviews as part of multi-functional UK team.
• Recruitment, development and management of Russian finance team.
• Presentation of financial information and business plans to JV partner for Russian facility.

• Reporting to the Group FD, I was fully responsible for financial management of all group business units.
• Integral member of group senior management team working closely with colleagues who represented the key functions of the business.
• Attended monthly board meetings reporting on all aspects of financial performance to PLC Chief Executive and group board.
• Responsible for all group financial reporting together with responsibility for completion of group statutory accounts and audit clearance.
• Responsible for financial due diligence of a number of acquisitions and joint ventures including post acquisition systems review and subsequent implementation of group ERP systems and reporting requirements. This consisted of five acquisitions and four joint ventures with Japanese, Spanish and Dutch partners.
• Supporting the acquisition of a major competitor in Germany, including a 6 month secondment to the business to implement reporting and control systems.
• Leading investigations into loss making business units and product groups to identify main factors contributing to poor performance. Responsibility for producing analyses and recommendations to group board which led to restructuring and divestment activities.
• Extensive involvement in costing and pricing activities, using both ABC and DCF techniques, prior to, during and after the tender/bidding process including direct involvement in major customer pricing negotiations.

I developed a finance function which was hands-on and was well integrated into the wider business with a good understanding of all business disciplines.

Following the creation of this Joint Venture in Valencia, Spain, I was appointed to the above position. As the sole Stadco representative at the company, i reported to the newly formed JV Board with full financial repsonsibility for the company.