Katrina Arancio MSc ACA FCA

• Head of finance and member of the senior leadership team for a busy flexibles packaging plant, operating in the global healthcare market, turnover c.£65m and headcount +150.
• Managing a team of 4 direct reports and several indirect in SSC functions to deliver accurate and timely financial reporting to Amcor group and ensure compliance with SOX, US GAAP & IFRS / FRS102.
• Full P&L, balance sheet and cashflow ownership for the site.
• Leading the team with delivering monthly close, review and approval of journals. P&L review with BU FD, review and approval of DCFF and preparation of plant MMR pack.
• Preparation and presentation of annual budget and twice monthly forecasts to BU leadership team.
• Developing and maintaining robust financial controls, ensuring compliance with SOX, US GAAP and IFRS.
• Leading on internal audit and compliance requirements, including CSA testing and SOX form 302.
• Key contact for external audit, supporting with audit testing and disclosures.
• Ensuring stocks are accurately valued and controlled; overseeing stock counts, adjustments, provisions and scrap.
• Working capital management – aged stock reviews, review / approval of payment runs, monitoring collections.
• Financial analysis for investment cases (CAPEX), NPV / IRR / Payback and post implementation follow up.
• Review and commit site payroll, including checking employment taxes and any one offs.
• Ensuring compliance with tax legislation for plastic tax, VAT and employment taxes and completion of SAO forms.
• Championing plant safety initiatives, completion of monthly GEMBA safety walks and behavioural audits.

Key Achievements at AF Winterbourne:

• Design and implementation of new value stream structure as part of WTB SLT, improving agility, efficiency and reducing cost base.
• Reporting and financial analysis for project Gallop – tracking and accounting for cost savings and SI.
• Developed and lead new twice weekly sales and planning calls, to proactively identify and resolve blockers to achieving forecast. Building new inco-terms sales reporting to support site planning at quarter end.

• Responsible for company cashflow reporting for top 3 UK mobile phone company, listed with t/o c.£2.5bn.
• Leading on preparation of regular working capital and cashflow reporting, including monthly cashflow statements, quarterly re-forecasting, annual budget and 5YP, plus relevant exec. slide decks and commentary.
• Managing and training two qualified financial analysts and reviewing work.
• Liaising with parent company CKHH for group technical adjustments including IFRS16, IFRS15 and consolidation.

Key Achievements at Three:

• Completion of annual budget & 5YP 6 weeks ahead of prior year.
• Leading team with providing cashflow analysis to PwC, EY & Deloitte for Vodafone merger due diligence.
• Two nominations for Three celebrates ‘Taking Responsibility' category and November monthly ‘STAR award'.

Senior Commercial Finance Manager (Interim), July 22 - April 23

• Reporting into the Head of Commercial Finance at a global listed footwear retailer.
• Team lead for 5 Finance Managers in UKROI region (t/o c.£400m).
• Finance owner for UKROI forecasting, budgeting, strategic planning and financial reviews.
• Providing ad hoc decision support to the Head of Commercial, Head of Merchandising and Head of Properties.
• Finance lead for retail investment appraisals, modelling forecast P&L, cashflow, NPV, IRR & payback.

Financial Reporting Manager - Inventory (Interim), Feb 21 - July 21

• Leading a team of four direct reports within group financial reporting team, with the delivery of inventory, gross & other margin reporting across global regions EMEA, US & Asia Pacific, t/o c. £900m.
• Technical focus included accounting for FX restatement, intercompany & PURP, stock provisions and ensuring compliance with IFRS & FRS 102. Working to maintain and develop robust financial controls.

Key Achievements at Clarks:

• Supporting with audit & due diligence requests from Deloitte & PwC following acquisition.
• Partnering with IT & FP&A to align financial reporting following restructure.
• Providing financial advice re. rent CVAs during pandemic & providing financial guidance for CVA exits.

• Leading a team of 7 with maintaining accurate accounting schedules, ensuring compliance with SOX and US GAAP.

• Reporting into the business unit finance director for the UK division of a listed multinational building materials company, with full P&L responsibility for North & Central Aggregates; 50 sites, c.£150m turnover.
• Leading on preparation quarterly forecasts and annual budget for all sites, and presenting in regional review meetings with MD, directors and sales managers.
• Working with regional operations directors to drive site profitability and participating in commercial meetings.
• Month End – P&L reviews, identifying & providing direction on adjustments, preparation of exec. pack.
• Preparation of investment appraisals to drive commercial business decisions, modelling NPV, IRR & payback.

Key Achievements at Heidelberg:

• Project lead for streamlining the land mineral and resource accounting process; improving financial controls, reporting for fixed assets and providing better visibility of site depletion costs.
• Developing and presenting finance for non-finance course to c.50 operations staff.
• Financial modelling for ‘optimal sourcing' project, reducing distribution costs and carbon emissions.

• Leading monthly financial performance reviews and advising on commercial decisions, such as pricing, profitability, cash flow and structure. Leading the budget and forecasting process.

• Cash collection, payment of overheads, bank account signatory & preparation of accounts.

Financial Accountant, June 2014 – January 2015

Commercial and Project Accountant, April 2013 – June 2014

• Preparation of monthly management account packs, quarterly forecasts, annual budget, and weekly MI reporting. Review of balance sheet recs, authorization of payment runs.
• Leading on finance input for IT development projects, including automated forecasting model and MI dashboards.

• Preparation of monthly management accounts, quarterly forecasts and annual budget.
• Analysis of range profitability and supporting pricing and promotion decisions.
• Developed financial models for business unit sales reporting and standard costing.

• Progressed from associate (12m) to senior associate (12m) to assistant manager (18m) whilst completing ACA.
• Specialising in audit of manufacturing companies, clients ranged from listed multi-nationals to SMEs.
• Technical experience included audits of group companies, consolidation adjustments, UK GAAP – IFRS adjustments, ensuring compliance with Sarbanes–Oxley, completion of going concern reviews and due diligence projects for M&A / listing.
• Managing teams of 2-3 individuals, delegating / reviewing work to complete field work in line with tight deadlines.
• Liaising with audit partners and client management to brief them on findings and resolve any issues.