Karl Stoddard CGMA
Swindon,Wiltshire
Summary
Accomplished Finance Manager with a proven track record at Capita Plc working on the RPP contract, which is a single source framework contract in the defence sector, in partnership with the MOD, to load candidates through the pipeline in joining the Army. Candidate is adept in financial planning & forecasting and stakeholder management. Excelled in enhancing KPI management and financial reporting accuracy, leveraging expertise in Excel and SAP. Demonstrated leadership in guiding teams towards achieving financial objectives and operational efficiency.
Overview
10
10
years of professional experience
4
4
years of post-secondary education
Work History
Finance Manager
Capita Plc
Upavon, Wilsthire
06.2021 - Current
- Finance business partner to operational business leads including the explanation of finance to non-finance people and coaching them in understanding financial matters.
- Collaborating with operational business leads in potential change requests to the contract. Setting out the parameters of the change, pricing the change under QDC guidelines as per the framework, formatting the change tables in a easily digestible manner so as to ensure quick sign off.
- Preparation of monthly management accounts including journal postings, variance analysis and monthly performance reporting.
- Preparing monthly reports for senior managers that include business KPI's in line with reporting deadlines.
- Modelling and evaluating KPI regime to inform senior management of any risk to current forecast, providing gap analysis on where targets need to be met. Last year, this modelling helped a commercial settlement for the company saving £6m on Service Credit penalties.
- Directed budgeting and forecasting activities to align financial goals with organisational objectives.
- Collaborated with business management to set and control annual budgets.
- Supporting the completion of the annual audit requirements
- Manage the monthly revenue P&L, supporting the Finance Director on correct revenue treatments and managing the process of booking monthly revenue.
- Supporting operational investment projects with impact assessments and cost tracking.
- Setting up and liaising with the client on the monthly billing model that follows the QDC guidelines of the contract price
- Responsible for the annual profit share report under QDC guidelines with the client including preparation of the report, getting the report signed off by the Finance Director and submitting to the client under gain share contractual obligations.
Assistant finance manager
Capita Plc
Upavon, Wiltshire
04.2018 - 06.2021
- Served as finance business partner to drive strategic business decisions.
- Preparation of monthly management accounts including journal postings, variance analysis and monthly performance reporting.
- Preparing monthly reports for senior managers that include business KPI's in line with reporting deadlines.
- Assisted with the rollout of a contract life revenue recognition tool after the early adoption of IFRS15 revenue recognition treatment.
- Creation and chairing of additional forums between suppliers and procurers to ensure financial controls and supplier payments are maintained correctly.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
Management accountant
Capita Plc
Upavon, Wiltshire
03.2015 - 04.2018
- Compiled financial data for business forecasting and budgeting.
- Organised and carried out month-end and year-end processes.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Provided high-quality financial advice to managers, explaining the different types of risks involved and appropriate financial information helping them hit business plan
Education
CIMA Member - Accountancy
Chartered Institute of Management Accountants
EnglandMaster of Science - Mathematics
University of Bath
Bath 09.2013 - 07.2014
Bachelor of Science - Mathematics
University of Portsmouth
Portsmouth 09.2009 - 07.2012
Skills
- Financial planning & forecasting
- Stakeholder Management
- Scenario Modelling
- KPI management
- Long-term business planning
- Excellent knowledge of Microsoft Office, in particular Excel
- SAP & Axiom accounting tools
- Revenue assessment and forecasting
Timeline
Finance Manager
Capita Plc
06.2021 - Current
Assistant finance manager
Capita Plc
04.2018 - 06.2021
Management accountant
Capita Plc
03.2015 - 04.2018
Master of Science - Mathematics
University of Bath
09.2013 - 07.2014
Bachelor of Science - Mathematics
University of Portsmouth
09.2009 - 07.2012
CIMA Member - Accountancy
Chartered Institute of Management Accountants
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