Thomas Smith FCCA

Finance Director at NOM (UK) Ltd

Greater London, England, United Kingdom

About

Experience

  • NOM (UK) LTD (13 yrs 4 mos)
    • Finance Director
      Apr 2017 - Present · 9 yrs 4 mos

      In this role I lead the strategic and operational financial management of the company with a turnover of $650m+, contributing to the strategic decision making and performance management. I work closely with the CEO and Operations Senior Management team to drive performance through managing the finance function and procurement activities as well as overseeing the HR function. I oversee the day-to-day financial control across financial activities such as month end and period end close, financial reporting, long term financial planning, forecasting and budgeting. I coordinate with the senior management team to identify performance issues, implement changes and cost savings, drive the sales and profitability globally. I identify strategic investments and disposals as part of the long-term plan for the company covering global asset disposals and acquisitions including leading the integration of operating and financial processes. I review financial performance and identifying opportunities to drive sales, reduce costs, and support the development of a long-term strategy. As part of this I have embedded robust investment appraisals and business case processes to evaluate new investments, operating changes, and restructuring activities. I work closely with investors and stakeholders including banks to provide financial information, analysis, and long-term vision in line with obligations and expectations. I lead on all long-term forecasting of profit and loss, balance sheet and cash flow including long term forecasting, quarterly forecasting and annual budgeting. I have managed day-to-day treasury activities and cashflow management with experience in trade finance such as letters of credit, advance payment guarantees and performance bonds. I have overseen contractual and commercial negotiations ensuring compliance with internal policies and procedures.

    • Financial Controller
      Apr 2013 - Apr 2017 · 4 yrs 1 mo

      • Commodities Trader and Procurement Agent in Mayfair • Reporting directly to the Chairman, Controlling Finance, HR and Facilities Departments. • Focus on maintaining end product quality whilst challenging the production team and reducing overheads. • Introduced new HR processes inc. employee benefits. • Currency hedging has been a key duty, especially in recent months with the volatility of the price of oil. • Pricing of commodities contracts, dealing with challenging suppliers on behalf of the Chairman. • Mentoring the Finance team and aiding their professional progression & succession planning.

  • KPF (4 yrs 11 mos)
    • Assistant Accountant
      Jan 2011 - Apr 2013 · 2 yrs 4 mos

      • Treasury role - multi-currency Bank Reconciliations. • Foreign Exchange deals. • Responsible for VAT Returns and VAT inspection by HMRC. • Assisting in the production of the Quarterly/Year End Accounts and monthly management reports: o Cash Flow Forecast o Cash Balances o Project Profitability o Project Budgets o Accruals/Prepayments • Ad hoc projects for the Financial Controller. • New systems testing and implementation. • Liaising with Auditors in the UK, Germany and Middle East.

    • Accounts Assistant
      Jun 2008 - Jan 2011 · 2 yrs 8 mos

      • Treasury role - multi-currency. • Foreign Exchange deals. • Produce monthly Cash flow reports and assist in monthly Management accounts.

  • Accounts Assistant at Geographers' A-Z Map Co Ltd
    Oct 2005 - May 2008 · 2 yrs 8 mos

    • Nominal Ledger upkeep – day to day running of reports and ensuring correct accounts were being used by the Accounts team • Payroll Administration – responsible for three separate payrolls (Main, Sales Representatives and Pension) • Production of monthly Management Account packages including: • Sales Volume analysis • Product profitability • Geographic Sales analysis • Cost-Volume Profit analysis • Assisting with both the sales and purchase ledgers. • VAT returns. • Assisting in End of Year Accounts/Reports. • Buy vs Lease analysis project for the sales fleet.