Philip Reid's Resume

 

New South Wales Australia

Achievements

include: . Built business from $35m funds under management to over $650m. . Developed advising model that is leading the evolution of financial advising to clients. . Built and since sold off one of the first Individual Managed Account (IMA) businesses in Australia . Established our own managed investment scheme (MIS) that is at the leading edge of post-modern portfolio construction and taking this to the Australian market place. . Structured the dealer group to maximise shareholder value. . Created alignment for participation of advisers to share in value of dealer group. . Managed professional staff . Dealt with the 'financial control' aspects of the group businesses, from start up to "sale ready"July 1999 - July 2002Partner-AdminPARTNERSAdminPARTNERS provides financial, administrative, technology and strategic support to organisations. AdminPARTNERS mission is to provide "Financial Controller" support to those organisations not in a position to employ these skills on a full-time basis.By way of example I provide the following- Collaborative Health Informatics Centre Ltd is a non-profit organisation set up in February 1998 working to promote the IT&T industry to health providers and other stakeholders with an annual expense budget of $2.5m. In the first instance, I was required to establish internal and external procedures, develop reporting regimes, complete the first audit and finalise CHIC's tax return. As a relatively new start-up, the organisation was going through cultural and commercial restructuring as a result of its government- funded history to an incorporated commercial operation. This required developing the appropriate business model, being the catalyst for cultural change, identifying and implementing sales and marketing strategies, finalising HR policies that best serve CHIC's needs and ensuring CHIC's financial viability. Achievements include: . Develop budget model that allows comprehensive understanding of revenue and cost streams, and forecasting of cash flow . Establishing corporate structure that best allows CHIC to efficiently achieve its goals . Coaching of existing business managers with regard accountability . Remuneration negotiations to synchronise CHIC and employee goals . Implement restructuring of organisational chart to allow CHIC focus on sustainable activity . Company secretarial duties . Liase with accountants for audit and tax preparations . Supervision of financial staff including month end processesJuly 1997 - June 1999Financial Controller, Manager Administration, Finance & ITDiskcovery Legal Copy Services Australia Pty LtdDiskcovery is a Litigation support bureau providing photocopying and records management services (software solutions, imaging, database creation) to the Australian legal industry. Diskcovery has a staff of 85 and turnover of $8.5m.Prior to my joining, the company had been experiencing strong growth and was heavily reliant upon the principals. External parties provided all accounting and HR functions including payroll. Internal controls where non- existent and the organisation culture was one of sole-proprietorship.I reported directly to the General Manager and was responsible for five administration staff including the financial accountant, and two computer technicians in Sydney and Melbourne. I was responsible for all corporate compliance issues.Achievements include: . Implementation of internal controls and reporting systems including training of staff. . Catalyst for the cultural change, increasing the accountability of the divisional managers and financial awareness of the directors. . Development of IT infrastructure including communications between Sydney and Melbourne resulting in considerable savings and efficiencies. . Company had been experiencing losses of approximately $60,000 per month. This was turned around to an annual profit of $1,000,000 due to re- focusing managers and owners. . Developed and implemented a timesheet system that provided reporting for the divisional managers and directors that would highlight trends in key performance indicators. . Sourced, implemented and trained staff for processing the payroll function in-house. . Sourced, modified and implemented accounting package to process invoicing through to general ledger. . Developed budget model that could be used by managers for budget process and 'what if' scenarios. . Developed, had certified and implemented Certified Agreement covering national operations, including performance appraisal and grading system. . Developed structural strategies to allow the business to take full effect of corporate and tax laws.June 1995 - July 1997Financial ControllerRecall Total Information Management (previously Brambles Records Management)Recall provides record management services in all major capital cities of Australia. This is primarily an archiving service including hardcopy and electronic storage. Recall has 90 staff and a turnover of $14m. When I joined, the branch had been in decline for two years.I was responsible for internal auditing, weekly forecasting and monthly including capital expenditure. Also, formulation of business strategies, developing costing/pricing models and the implementation of systems to capture key performance issues and drive the necessary cultural change. I reported to the State Manager and the National Financial Controller. My department had 10 staff.Achievements: . Member of the national committee selecting and implementing a new financial package. . Training of operational managers so that we could empower them to be accountable for their profit and loss e.g. cost benefit, payback analysis. . Developed and implemented activity database that could provide costing on services. . Developed and implemented sales database that could provide valuable information about our customer base. . Part of the management team that drove sales growth to 20%pa and the PBIT from 6% to 12%. . My branch had the best record of meeting forecast.Personal Achievements:Class Captain Year 10 School Prefect Year 12 Represented Brisbane U21 and U25 Hockey Represented Queensland Country Hockey Coached Cairns Representative Senior Men and Women Hockey Teams Selected Australian Intervarsity Hockey Team Awarded Griffith University Half Blue-

Career History

Jul 2002 - Jan 2008

General Manager, Director, Secretary, Group Financial ControllerHeadspace Aust Pty Ltd, Fitzpatricks Dealer Group Pty Ltd, FitzpatricksAust Pty LtdDay to day management of company resources, strategic planning, financialcontrol and FSR compliance with a staff of 8.Company

Education & Training

Jan 1970 - Jan 1970

Skills

Business Skills

  • Administration ( - experience)
  • Budgeting ( - experience)
  • Coaching ( - experience)
  • Commercial ( - experience)
  • Communications ( - experience)
  • Compliance ( - experience)
  • Costing ( - experience)
  • Development ( - experience)
  • Finance ( - experience)
  • Financial Control ( - experience)
  • Forecasting ( - experience)
  • Implementation ( - experience)
  • Investment ( - experience)
  • Litigation ( - experience)
  • Management ( - experience)
  • Marketing ( - experience)
  • Monthly ( - experience)
  • Operations ( - experience)
  • Payroll ( - experience)
  • Performance Appraisal ( - experience)
  • Pricing ( - experience)
  • Processes ( - experience)
  • Professional Development ( - experience)
  • Remuneration ( - experience)
  • Reporting ( - experience)
  • Sales ( - experience)
  • Tax ( - experience)
  • Training ( - experience)
  • Weekly ( - experience)

Product Skills

  • Accounting ( - experience)
  • Analysis ( - experience)
  • BASE ( - experience)
  • Budgeting ( - experience)
  • COM+ ( - experience)
  • Communications ( - experience)
  • Costing ( - experience)
  • CPA ( - experience)
  • Director ( - experience)
  • EDGE ( - experience)
  • Evolution ( - experience)
  • Finance ( - experience)
  • Focus ( - experience)
  • Forecast ( - experience)
  • Forecasting ( - experience)
  • Functions ( - experience)
  • General Ledger ( - experience)
  • Invoicing ( - experience)
  • ITS ( - experience)
  • Manager ( - experience)
  • Marketing ( - experience)
  • MIS ( - experience)
  • Operations ( - experience)
  • Payroll ( - experience)
  • Pricing ( - experience)
  • Procedures ( - experience)
  • Process ( - experience)
  • Reliant ( - experience)
  • Reporting ( - experience)
  • Sales ( - experience)
  • Service ( - experience)
  • Streams ( - experience)
  • Support ( - experience)
  • Tax ( - experience)
  • Time ( - experience)
  • VALUE ( - experience)

Industry Company Experience

  • Budget ( - experience)
  • Commercial ( - experience)
  • Communications ( - experience)
  • Construction ( - experience)
  • Finance ( - experience)
  • Financial ( - experience)
  • Government ( - experience)
  • Health ( - experience)
  • Legal ( - experience)
  • Management ( - experience)
  • National ( - experience)
  • Negotiations ( - experience)
  • Operations ( - experience)
  • Support ( - experience)

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