Martin Carter

Martin Carter

Industrial Placement Student

Followers of Martin Carter564 followers
location of Martin CarterSouthsea, England, United Kingdom

Connect with Martin Carter to Send Message

Connect

Connect with Martin Carter to Send Message

Connect
  • Timeline

  • About me

    Finance at Boeing

  • Education

    • The Chartered Institute of Management Accountants

      -
      Associate of Chartered Management Accountants 1st time passes

      Stage 413 Strategic Financial Management14 Strategic Management Accountancy and Marketing15 Information Management16 Management Accounting Control SystemsStage 39 Financial Reporting10 Management Accounting Applications11 Organisational Management and Development12 Business Taxation (English)Stage 25 Financial Accounting6 Operational Cost Accounting7 Management Science Applications8 Business and Company LawStage… Show more Stage 413 Strategic Financial Management14 Strategic Management Accountancy and Marketing15 Information Management16 Management Accounting Control SystemsStage 39 Financial Reporting10 Management Accounting Applications11 Organisational Management and Development12 Business Taxation (English)Stage 25 Financial Accounting6 Operational Cost Accounting7 Management Science Applications8 Business and Company LawStage 11 Financial Accounting Fundamentals2 Cost Accounting and Quantitative Methods3 Economic Environment4 Business Environment and Information Technology Show less

    • University of Portsmouth

      1992 - 1996
      BA (hons) Business Studies Upper Second

      Year 4 - Semester 8• Business Strategy 2• Company Law 2• Contemporary Economic Issues 2• Cross-Cultural Awareness for the International Manager• Management ControlYear 4 - Semester 7• Advanced Accounting Theory• Business Strategy 1• Company Law 1• Contemporary Economic Issues 1• Strategic Management AccountingDissertation• Insider Dealing. Why all the fuss?Year 3• Industrial Placement - Watts Gregory, LLPYear… Show more Year 4 - Semester 8• Business Strategy 2• Company Law 2• Contemporary Economic Issues 2• Cross-Cultural Awareness for the International Manager• Management ControlYear 4 - Semester 7• Advanced Accounting Theory• Business Strategy 1• Company Law 1• Contemporary Economic Issues 1• Strategic Management AccountingDissertation• Insider Dealing. Why all the fuss?Year 3• Industrial Placement - Watts Gregory, LLPYear 2• Accounting• Business Economics• Business Workshop• Commercial Law• Employee Relations & Employment Law• Marketing & Design Management• Operations Management & Operational ResearchYear 1• Business Studies Degree - Part I Show less

  • Experience

    • Watts Gregory LLP

      Sept 1994 - Sept 1995
      Industrial Placement Student

      An integral element of my degree, reporting to the senior partner, within a team of eight. Key areas of focus:• auditing of small companies; analytical review; statutory accounts preparation

    • Farplants Sales Limited

      May 1997 - Mar 1998
      Assistant Accountant

      Reporting directly to the Financial Director, whilst supervising both the Purchase Ledger Clerk and Sales Ledger Clerk, duties included preparation of monthly management accounts, variance analysis and reconciliation of balance sheet control accounts.Key areas of focus:• annual budgeting; forecasting; modelling; EDI implementation; ERP upgrade

    • Getinge

      Mar 1998 - Apr 2003

      Reporting to the Financial Controller, with a team of five. Responsibilities included production of monthly management accounts, quarterly forecasting and annual budgeting. Supervision of Accounts Payable, Cashbook Payments and Receipts and VAT submission. Group responsibilities included weekly reporting of predicted cashflow, order intake and invoicing.Key areas of focus and achievements:• Budgeting - distribution of individual budgeting templates to departmental heads.• Business Planning - assisted the management team in a 5 year business plan.• Strategic Reporting - divided the company Profit and Loss statement into sales and production units.• Activity Based Costing - apportionment of administration and other support functions to the strategic business units.• Profit Centres - conversion of 8 UK depots from cost centres to profit centres, achieved by allocating service revenue and service cost of goods to the respective locations.• Inventory Reduction - targeted inventory issues reducing off site stock holding by £500k. • Remuneration - presentation and implementation of a new sales commission structure, which rewarded individuals on operating profit generated and not pure revenue, resulting in a focus change to the operating implications of volume discounts.• Internal Leasing - developed templates to evaluate the actual cost within PFI, allowing customers to finance directly. Show less Responsible for the development, supervision and production of the monthly management accounts. Instrumental in increasing accountability and responsibility through these statements.Key areas of focus and achievements:• Reporting - reduced month end time frame from 10 to 5 working days.• Accounts Payable - conversion of the purchase ledger to a full BACS system.• Accounts Receivable - implemented consolidated statements and Dunning Letters.• Cashflow - Management of USD and Euro accounts to minimise exchange rate losses. Show less

      • Management Accountant

        Apr 2000 - Apr 2003
      • Accounts Supervisor / Accounts Assistant

        Mar 1998 - Apr 2000
    • Landsec

      Apr 2003 - Sept 2011

      Managing a team of Property Accountants, each responsible for a retail asset portfolio retaining ownership of all costs and income. Whilst remaining accountable for the preparation of budgets and service charge development models and service charge reconciliations and completion statements.Key areas of focus and achievements:• Budgeting & Planning - instrumental in transforming the service charge process.• Management Accounting - production of monthly reports on behalf of regional centre teams.• Cost Management - preparation of variance analysis on service charge, bad debts, managed operations and non recoverable costs. • Income Recognition - ensure all service charge and utility recharges are billed in a timely manner.• Sales & Acquisitions - liaison with legal and commercial external stakeholders and financial reporting and management accounting teams on property movements. Show less Reporting to the Head of Retail Operations, with a remit to provide financial support to operational teams. Provided strategic and operational solutions to issues and improved the effectiveness of the finance function.Key areas of focus and achievements:• External Benchmarking - led the external QA Mark audit of service charge management for a top 10 property within the portfolio, which led to the award of the industry’s first gold award.• Business Partnering - implemented cost reductions within service charges as part of a taskforce which visited properties within the portfolio and challenged on site management to deliver sustainable cost reductions.• Cost Recovery - undertook a detailed review of Management Fees recovered within service charges, the recoverability of which is governed both by lease constraints and an industry code of practice. Show less Reporting to the Financial Controller, retaining responsibility for motivating and empowering a small team to undertake day to day accounting.Key areas of focus and achievements:• Management Accounting - continually driving improvements into month end procedures and producing documentation, allowing consistent reporting across departments.• Revenue Maximisation - analysis of the car park ticketing system within Excel, allowing issues to be highlighted, resolved and subsequently determine car park tariffs which maximised revenue.• Systems Implementation - managed the interface of “FootPath”, a technology for monitoring pedestrian movements within a given environment, and then subsequently further elements of the portfolio.• Dashboard Reporting - redesigned weekly report of key indicators on site for any given week, then developed these reports from financial schedules into pictorial representation.• Business Planning - produced business plan template to align with group practice and held ownership of the Balanced Scorecard and Master Objectives.• Analytical Review - review of potential tenant audited accounts, liaised with external stakeholders to produce completion statements for incoming and outgoing tenants.• HMRC Returns - retained responsibility for the quarterly VAT return.• Payroll - undertook a monthly inspection of the PAYE and NI return and reconciliation of the pension control account. Show less

      • Property Finance Manager

        Sept 2010 - Sept 2011
      • Financial Controller (Factory Outlet Centres)

        Aug 2008 - Sept 2010
      • Financial Analyst / Management Accountant

        Apr 2003 - Aug 2008
    • Parker Meggitt

      Feb 2012 - Jan 2015

      Interim assignment delivered over 9 separate contracts, followed by a permanent position.Reporting to the Finance Director, with a remit to manage development, implementation, training and support of business and accounting systems. Combined with departmental process improvements.Key areas of focus and achievements:• Management Reporting - provision of reliable and detailed information, together with interactive forecasting capability.• System Change - developed short term solutions for forecasting, monitoring margins and engineering performance, pending a change of ERP.• Process Improvement - added enhancements and analysis to existing systems, whilst providing full support and operational manuals for all implemented systems.• Lean Tools and Practices - mentored individuals during the departmental implementation of SQDIP, and directed the DLA (Daily Layered Accountability) meetings, which provide escalation of business critical issues through the MPS (Meggitt Production System). Show less Operating at a business level, working within the finance function with responsibility for the analysis and reporting of key engineering data and workshare defence accounting. Key areas of focus and achievements:• Cost Accounting Standards (CAS) - proposed, documented and implemented a chart of accounts which allowed full visibility of CAS related transactions, whilst modelling a full recovery rate calculation. This allowed trading to continue with the US Government.• Month End Process - charged with improving various processes within the department, whilst being responsible for the workshare defence accounting and engineering reconciliations.• Budgeting & Forecasting - provided assistance with the preparation and review of annual budgets and quarterly forecasts, whilst challenging the underlying calculations and assumptions.• Project Management Office - operated as the contact point between engineering and finance, helped to define and maintain project management standards and practices throughout the organisation. Show less Operating at a business level, with responsibility for reporting, planning and control. Managing elements of the finance function whilst supporting the Finance Director.Key areas of focus and achievements:• Month End Process - responsibility for ensuring the accuracy and robustness of internal reporting, whilst meeting Group reporting deadlines.• Budgeting & Forecasting - being a key member in the rolling forecasting process, and ensuring all Group requirements are delivered.• Systems Improvements - worked with various members of the finance function to add additional improvements and analysis to existing systems. Show less Operating at a business level, working within the finance function and alongside the operational teams. The primary focus was to manage and deliver specific projects.Key areas of focus and achievements:• Programme Officer - controlled the integration plan of a key strategic supplier into the business subsequent to their acquisition.• Financial Processes - transferred the physical accounting of the acquired supplier from their remote site into the existing finance function.• Management Information - implemented improvements and additional analysis to existing systems and also automated manually driven processes. Show less Operating at a divisional level, functioning with minimum supervision and being self driven. The primary focus was to automate the production of management information reported by the business units.Key areas of focus and achievements:• Management Information - implementation of a Key Items document which replaced multiple paged PDF reports across fourteen separate business units and at a divisional level.• Forecasting & Budgeting - streamlined the consolidation of fourteen individual PowerPoint budgeting and forecasting templates into a divisional report.• Group Consolidation - processing of multiple currencies and intra group transactions for divisional statements. Show less

      • Financial Systems Controller

        Aug 2014 - Jan 2015
      • Interim Accountant

        May 2013 - Jul 2014
      • Interim Financial Controller

        Jan 2013 - Apr 2013
      • Interim Project Accountant

        Sept 2012 - Dec 2012
      • Interim Reporting Manager

        Feb 2012 - Aug 2012
    • Intentional Overseas Sabbatical

      Feb 2015 - Jun 2017
      East Coast U.S.A.

      Based within the Washington, D.C. Metro area, whilst supporting my wife on her overseas secondment.

    • Eaton

      Jul 2017 - Apr 2018
      Interim Senior Finance Analyst

      Interim assignment delivered over 3 separate contracts.Reporting to the Financial Controller (Aerospace), with a responsibility to business partner value stream management, deliver actual financial results and recommend corrective actions to address variances.Key areas of focus and achievements:• Management Reporting - generate, review and analyse financial and operational information to provide accurate and timely submission to operations, plant management, division, group and sector.• Forecasting - generate an annual sales and margin profit plan supported by commentary and variance analysis.• Process Improvement - documented departmental procedures and finalised outstanding reconciliations and divisional schedules. Show less

    • Eurotherm

      Aug 2018 - Feb 2021
      Interim Finance Business Partner

      Interim assignment delivered over 5 separate contracts.Managed the financial reporting for the UK entity, whilst directing the overseas General Accounting shared service function. Business partnered across the organisation to provide financial support.Delivered all weekly, monthly and annual Group reporting requirements. Operated effectively within both physical and remote virtual environments.Key areas of focus and achievements:• Management Reporting - controlled aspects of the reporting close process and journal submissions, prepared monthly statements by analysing actuals versus plan, delivered the quarterly forecast, investigated variances and drove budgetary control by business partnering with relevant managers.• Financial Control - managed and reconciled balance sheet control accounts in relation to accruals, prepayments, fixed assets, warranty, inventory and provisions; ensured compliance to accounting principles and group requirements.• Statutory Reporting - produced all schedules and supporting analysis for the year end external audit, statutory accounts and taxation pack; managed other tax compliance processes including the Irish Branch, VAT, ECSL and PSA.• Delegation of Authority - responsible for the authorisation of purchase orders, inventory cycle count adjustments, bad debt write offs, and customer credit notes and credit limit changes within the company’s matrix of approval limits.• Employee Communications - presented financial reviews and updates on the quarterly Town Hall to over 150 employees. Show less

    • Boeing

      May 2021 - now
      • Business Unit Integrator

        May 2024 - now
      • TLCS2 Finance Lead

        May 2022 - Apr 2024
      • Senior Finance Analyst

        May 2021 - Apr 2022
  • Licenses & Certifications

    • National Powerboat Certificate (Level 2)

      Royal Yachting Association (Croft-Na-Caber)
      Aug 1999
  • Volunteer Experience

    • Voluntary Treasurer

      Issued by The Rainbow Centre for Conductive Education on Oct 2000
      The Rainbow Centre for Conductive EducationAssociated with Martin Carter