Karen Jayne Walton51 Stratton Road,

Sunbury on Thames,Middlesex, TW16 6PG

01932 882392 (H)07977 019090 (M)

Emai l : karenwalton2309@hotmai l .co.uk

I am a par t qual i f ied CIMA accountant , and have exper ienced most aspects o f account ing f rom analy t ica l ro les to budget ing, forecast ing and bus iness p lanning. I have a profess ional , enthus iast ic and re l iab le approach to a l l tasks that I under take and enjoy

work ing to s t r ic t deadl ines and to produce work of a very h igh s tandard. a qu ick and prof ic ient learner , i have good communicat ion sk i l ls and an analy t ica l and log ica l

a t t i tude to my work. I have worked for some large FMCG companies and a lso in the SME market , g iv ing a good a l l round account ing educat ion.

Key Achievements:1. UK GAAP compl iance and Stats2. VAT repor t ing – VAT t r ibunal and l i t igat ion now at European Cour ts3. Cost Account ing for large food manufactur ing company and year

end s tock take4. Admin is t ra t ion and pre-pack exper ience – Set up new HR

depar tment5. Commer ica l f inance – sa les analys is and compet i t ion commiss ion

pro ject6. Pro ject F inance Exper ience – new manufactur ing p lant bu i l t in the

UK7. Tax re turns for SME businesses and for ind iv iduals8. Ran F inance for Non F inance Manager Workshops9. In tercompany pr ic ing across 9 p lants based in Western Europe10. Responsib le for f inance and HR teams – up to 6 people11. Computer ised a manual accounts system12. In t rastat VAT account ing

E D U C A T I O N A N D T R A I N I N G

QUAL I F I CAT I O NS

C. I .M.A FO UNDAT I O N L E V E L

RSA Bookeeping Stages I and I I

GCE’S

Maths, Engl ish Language with Spoken Engl ish, Engl ish Li terature,

Geography, History, German, French, Domestic Science.

WO RK RE L AT E D TRAI N I NG AND CO MP UT E R S KI L L S Excel (V lookup, p ivot tab les,

formulaes, Word, Emai l , Access Database, Powerpoint to presentat ion s tandard.

Orac le F inancia l Adv iser and Orac le Sales Adviser , SAP, MFG-pro, Sage L ine 50

W O R K E X P E R I E N C E

April 2013 – Date

Medium (UK) Ltd –T/O £30m

Current Position: Finance Manager/Company Secretary/Company Signatory/HR Representative

System Used : Sage Line 50

Scope of Role and Responsibilities

All aspects of accounting from preparation of management accounts to VAT and instrastat

information. Payroll and purchase ledger control with all supplier and customer rebates being

calculated on a monthly basis. Overseeing the implementation of a new accounting system. Sourcing

Pension providers, assisting with all aspects of HR. Reporting directly to company Managing

Director/Owner.

Key Achievements:

Moved all accounting in house an set up all reporting and payroll management from scratch.

Previously outsourced. Set up processes for finance and for HR and made company compliant with

health and safety laws in the UK as well as GAAP compliant. Tested new system to be implemented

across the finance and operations departments.

April 2012 – February 2013

Redtray Ltd. (In Administration) Learning Services Company £5m T/O

Position: Chief Accountant

System Used : Sage Line 50

Scope of Role and Responsibilities

Brought in to Redtray Limited as Group Management Accountant as the finance department was not

compliant and promoted to Chief Accountant when the company was bought out by the major

shareholder and transferred to RSL. I became wholly responsible for the running of the Finance and

HR departments, from payroll to budgeting process with four direct reports. Jointly reporting to the

CEO and the Finance Director, and responsible to the board of directors, I prepared the monthly board

pack with commentary, controlled the company cashflow and was part of the top management

steering team. I negotiated with HMRC, handled any litigation and all company benefits and

insurances as well as cost control projects.

Key Achievements:

Took over responsibility for Finance and HR when both the HR Director and the Financial Controller

left the business unexpectedly and set up new processes around both functions. Placed two

companies in Administration and assisted with the administration of the main company Redtray

Limited as well as ceased trading on a fourth company. Kept the company trading when severe

cashflow issues threatened closure and the loss of 84 job roles.

November 2010 – March 2012

Monthly management accounts, accruals, prepayments and reconciliation of all sales and costs within

the 4 companies making up the group of companies under the Redtray banner. Analysing projects,

assessing margin achievement, assisted on quoting for new business, completing the annual budget

and the monthly three month rolling forecast for the company, Cashflow and group bank account

management. Responsible for payroll reconciliation and input into Sage 50. Year end accounts, VAT

returns, interaction with company auditors and VAT inspectors. Management and development of two

staff, sales, credit and purchase ledger controllers.

September 2003 – April 2010

Musgrave Retail Partners GB Ltd. (Budgens-Londis)

Position: Retail Accountant

System Used: Oracle

Scope of Role and Responsibilities

Approval and set up of new retailers in their own Budgens Franchise Store. Compiling business

plans, projecting cashflow, cashflow analysis and profit and loss accounts for retailers on an

individual basis, reviewing their trade margins and profit on a quarterly basis. Assisting retailers in

obtaining finance to set up their business through banks and financial institutions. Advising retailers

on cost control and money management, assisting with setting up business objectives. Benchmarking

against market trends and other retailers. Negotiated all overrider payments.

Key Achievements:

Completely new venture for Budgens which was previously a PLC with corporate stores. I was

employed as part of a small team to set up Budgens local stores with independent retailers. Sourced

bank deals to finance store refits, negotiated deals for independent retailers to benefit from cost

savings such as till and back office systems, ATM machine deals and merchant cost savings.

Position: Finance Manager

Scope of Role and Responsbilities

Preparing Franchise weekly and monthly management accounts. Providing useful information to

senior managers and operations. Adhoc project work and setting up new working practices. Analyse

balance sheet reconciliations. Credit control and reconciliation of all outstanding and recovery of bad

debts. Promoted into Retail Accountant role as communication, negotiation and development skills

were need for customer facing role.

October 2001 –September 2003

Quaker Trading Ltd, Southall (Part of the PepsiCo Organisation)

System Used: MFG Probe

Posit ion: Supply Chain Information Manager

Scope of Role and Responsibi l i t ies

Responsible for the costing system in its entirety from costing a product to setting up standards in the

system for all products made in Southall manufacturing plant which include Sugar Puffs, Snack-a-

Jacks and Harvest Chewee bars. Responsible for the plant stock take

Track all variances to standard and produce monthly accounts, reporting into the supply Chain

Director. Understand and interpret actual results. Also produce quarterly business reviews, projecting

the profitability of the company moving forward.

Provide accurate performance information, both financial and KPI and insight into causes and issues,

offering solutions.

Ensuring the Supply Chain annual operating plan is produced accurately and in a timely fashion.

Support the Southall continuous improvement initiatives and cost improvement programs.

January 1999– October 2001

Allied Bakeries, Staines

Posit ion: Commercial Accountant Promoted from Management Accountant

Sytem Used: Oracle Sales Analyser, Oracle Financial Analyser

Scope of Role and Responsibi l i t ies

Internal promotion from Management Accountant to Commercial Accountant .

Responsible for discounting system (overr ider payments) with three direct reports.

Responsible for sales analysis on al l products suppl ied into 6 major supermarket

chains to trading contr ibut ion, preparat ion of reports to support Nat ional Account

Managers in negotiat ions with mult iple account customers.

Administration and control of a multi million pound account, ensuring customers were paid on time

and that the account had sufficient funds to meet liabilities.

Responsible for sales part of planning process, assisting National Account managers with

extrapolation of sales and projected sales.

Reporting weekly Company sales position and promotional activity spend.

Weekly reporting to Board of Directors and to Parent Company.

September 1996 - January 1999

Procter and Gamble Ltd Egham

Posit ion: Financial Analyst , Health and Beauty Care Western Europe

System Used: SAP

Scope of Role and Responsibi l i t ies

Preparation of financial data for nine Western European Plants including productivity reports, report

on Marketing Spend and Sales Support Activity, scorecard analysis, inventory tracking analysis,

capital tracking, tracking MSD costs and manufacturing expenses. Tracking outside supplier costs.

Maintaining inter-company billing prices for 9 Western European plants for over 80,000 products,

setting up and maintaining competitive analysis library. Organise logistics for F & A College for non-

financial personnel within Procter and Gamble.

April 1996 – September 1996

Amdahl Education, Windsor

Posit ion: Accounts Administrator

Scope of Role and Responsibi l i t ies

January 1989 – April 1996

Liftrite Materials Handling Ltd, Southall.

Posit ion: Assistant Accountant

I have also worked at the following companies In a marketing/commercial capacity:

Beecham Pharmaceuticals (now Smith Klein Beecham) as promotional assistant in Animal Health

International Harvester (bought out by JCB) – Promotions Assistant

Hitachi Sales UK Ltd as Marketing Manager