Stephen Sommerlad

Stephen Sommerlad

Financial Controller

Followers of Stephen Sommerlad116 followers
location of Stephen SommerladGreater Sydney Area

Connect with Stephen Sommerlad to Send Message

Connect

Connect with Stephen Sommerlad to Send Message

Connect
  • Timeline

  • About me

    Accountant at PwC

  • Education

    • University of Technology Sydney

      -
      Bachelor of business Accounting
    • Macquarie Graduate School of Management

      -
      Master of Business Administration - MBA
  • Experience

    • HONEYWELL (Automation and Control Solutions Division)

      Jan 2004 - Jan 2006
      Financial Controller

      MAJOR RESPONSIBILTIES • Supervise and develop a team of seven• Coordinate and final approval of monthly management accounts for local and overseas management.• Preparation of operating and strategic plans.• Control all treasury, foreign exchange and cash management functions.• Provide technical assistance and solutions to Sales, Marketing, Operations and Branch managers on ad hoc projects and procedures.ACHIEVEMENTS• Part of management team that improved operating profit by over 400% on 2003 results.• Completed major IT upgrade (Navision) in July 2005• Reviewed job costing system to improve margins for project sales• Implement internal control changes to meet Sarbanes- Oxley compliance• Improved management reporting systems to local and overseas management• Up-skilled existing staff and improve team moral Show less

    • CommScope Technologies Australia (Global Connectivity Solutions Division)

      Feb 2006 - Dec 2010
      Asia Pacific Financial Controller

      MAJOR RESPONSIBILTIES • Supervise and develop a team of five country controllers in Singapore, Hong Kong, China, India and Thailand. In 2009 became responsible for the local team of four in Australia due to restructure of Australian operation whilst maintaining regional responsibilities• Coordinate monthly local and regional management accounts for and overseas management.• Finance lead for change over of current ERP to SAP version 6.03 during 2010• Prepare local statutory accounts and tax returns and review overseas reports• Carry out quarterly certification activities to meet Sarbanes – Oxley requirements• Site Visits of Asia Pacific entities to audit Internal Controls, business re-engineering and productivity improvements.ACHIEVEMENTS• Finance lead for SAP integration which went live November 1, 2010• Part of due diligence team on acquisition in China• Improve internal control changes to meet Sarbanes- Oxley compliance• Re engineer accounts payable for the APAC region including transfer to shared services operation in India• Part of team to reduce reporting entities in APAC region and consolidate within the region Show less

    • CommScope Technologies Australia (Business Network Solutions Division)

      Dec 2010 - Aug 2015
      Financial Controller

      MAJOR RESPONSIBILITIES • Supervise and develop a team of five, accounting, accounts receivable and accounts payable • Coordinate monthly local and regional management accounts for and overseas management.• Prepare local statutory accounts and tax returns and review overseas reports• Carry out quarterly certification activities to meet Sarbanes – Oxley requirements• Responsible for group tax compliance and reporting (group of 5 entities)ACHIEVEMENTS• Improve local reporting after SAP integration which went live November 1, 2010• Transfer accounts payable from India to Australia• Part of team to reduce reporting entities in APAC region and consolidate within the region Show less

    • Commscope Technolgies Australia

      Aug 2015 - Oct 2019
      Financial Controller

      • Supervise and develop a team of 10 covering accounting, costing, accounts receivable and accounts payable for Australian and New Zealand legal entities• Coordinate monthly local and regional management accounts for local and overseas management for Australia and New Zealand entities• Finance lead for changeover of SAP version 6.03 to CommScope version of SAP during 2017• Prepare local statutory accounts and tax returns information for group consolidation• Ensure that CommScope schedule of authority and controls are maintained Show less

    • E

      Nov 2019 - Jan 2020
      Unemployed

      Career Break after 13 in Controller roles years with CommScope

    • PwC

      Feb 2020 - Feb 2022
      Accountant

      Audit of ASX companies in banking and insurance industries

  • Licenses & Certifications

    • FCPA

      CPA Australia