OLGA ARNOLD

Company Overview: SMD Group is a world leader in custom sensors designs with sites in the UK and in the US. The company develops miniature load cells, pressure sensors, flow and level sensors for many industries including medical, pharmaceutical, sub-sea, oil and gas, aerospace and various industrial applications

• · Process Improvement. Streamlining customer service and finance departments workflows. Established a month end process and developed a comprehensive reporting system to IFRS standards, providing shareholders with full visibility of the company’s financial position. Led changing over to a new Accounting system resulting in 64% cost saving.
• · Costing and Pricing. Developed and implemented a comprehensive standard cost system, subsequently establishing and managing transfer pricing to optimise US site financial performance. Identified areas of poor manufacturing controls and provided financial support in projects to reduce cost of manufacturing rejects by over £200k.
• · Team Development. Successfully trained and developed an Assistant Accountant, enhancing team capabilities.
• · Financial Decision Making. Led decision making in treasury, cash management, and credit control. Maintained strong relationship with banks, auditors and insurance providers.
• · Site Management and Investment. Engaged extensively in site management and investment decisions, contributing to strategic planning and operational efficiency, providing support to the business to achieve its strategic objectives and to deliver best value to shareholders.
• · Leadership and Management. Acted as the second-in-command, directly reporting to the Owner/Director and deputizing in his absence. Held full responsibility for Finance and HR functions.

Company Overview: Largest Food Company in the UK by turnover

Thetford site manufactures cooked and raw added value poultry meals for major retailers such as M&S, JS, Aldi and Asda. Thetford site turnover of c£170mln

• Weekly forecasting and reporting of financial results, providing business partnering and support to site, overseeing a team of 2, Month end closure, budgets and forecasts, reporting to corporate, right hand to a Financial Controller and deputising in his absence
• Stepped in as Acting Head of Finance while the Financial Controller managed additional responsibilities, being on-site in Thetford for an average of 2 days a week
• Led a major overhaul of the P&L forecasting model, significantly enhancing reporting accuracy
• Directed initiatives to reduce labor costs as the finance lead
• Developed a comprehensive Site Management Reporting Pack

Company Overview: Recently listed (March 2018) company selling wide range of services within information security market

• Establishing Project Accounting process, conducting pre-audit review of c£2m intangible assets, assisting in first ever audit prior to IPO, company restructuring and new ERP introduction, R&D tax claim preparation
• Recently listed (March 2018) company selling wide range of services within information security market

Company Overview: Baxter Healthcare is a manufacturer of healthcare products and one of the largest NHS suppliers. It is a part of Baxter International group, group turnover approx $10 billion.

• Financial support for a Redevelopment project total value of £25 mil
• Support of other capital projects (100+ active projects at a given time) across 7 UK sites
• Finance partnership to Quality Business Unit (6 depts, total staff of 70)
• Developed and implemented system to enable more in-depth and accurate project progress reporting
• By identifying a system issue I have discovered, requested and received an Inter-company recharge credit of £900k
• Produced monthly KPIs and managed the Budget/Forecast process for Capex expenditure
• Reviewed Quality Department expenditure against Budget and Forecast, identifying areas for improvement
• Liaised with internal auditors ensuring adherence to company policies
• Controlled the fixed assets register, leading the process of verification and tagging
• Prepared Capex reporting packs for Corporate

Company Overview: CPFoods UK Ltd is a food processing company, supplying ready meals to a variety of retail companies such as Tesco, Morrison’s and other household names. It is a part of Charoen Pokphand Group, group turnover £8.5 billion, UK site turnover c£100 million.

• Fully responsible for Management Accounts of a Business unit, Month end process
• Developed cost model for new product launches; post-launch product profitability calculation
• Reporting of Financial results to the Board of directors
• Developed and implemented product post-launch analysis (Actual profit vs forecasted)

Company Overview: Roper Industries Ltd is an Engineering company manufacturing equipment for oil and gas industry, It is a subsidiary of Roper Technologies Inc., a Fortune 500 company. Group turnover in 2014 $3.55 billion, UK site turnover c £25 million

• Fully responsible for company standard and actual costs; material, labour, purchase price variance investigation
• Internal reporting to financial and non-financial managers, Month end process
• Introduced a new process allowing direct input of orders between Inter-company sites with estimated savings on UK site of £18K per year