Goodman Fielder – September 2000 to January 2003.
North Ryde, Sydney, NSW.
Manager International Projects – Goodman Fielder. June 2002 to Jan 2003.
Goodman Fielder manufactures, sells and markets a variety of well know consumer products such as Wonder White, Uncle Tobys, Meadow Lea, Crest chicken and White Wings throughout the Asia Pacific Region.
The position was responsible for the commercial development, feasibility and analytical review of return on capital investment of various International Projects. The project involved the development of a $80M Greenfield manufacturing process located in the Northern Province of New Caledonia with a local Joint Venture Partner.
The success of the project was very dependent on developing a strong commercial relationship with its various stakeholders. This project was complex for a variety of reasons i.e. language, complex tax incentives, remote location in the Northern Province, environmental issues, local politics, unskilled and highly unionised workforce and not the least existing competition.
Key Result Areas
· Leadership and direction of a professional cross-cultural and functional team of accountants, engineers and operational specialists.
· The development and evaluation of a business plans in line with GF hurdle rates.
· The development of phased cost structure and capital budgets.
· Review and development of all commercial aspects and project sensitivity involving project participants to mitigate risk and reduce complexity.
· Reporting and review of project costs and capital expenditure on a monthly basis.
· Alignment of all financial participants (JV partner and GF New Caledonia) with commercial investment objectives.
· Development of funding strategies to maximise return. In this instance both French and New Caledonian tax investment incentives were in excess of $60M.
· Proactive and hands on approach to drive projects forward with various stakeholders regardless of complexity.
· Review and development of MIP (Manufacturing Improvement Programs) and CIP (Cost Improvement Programs) across various existing GFI operations located in the Pacific Region i.e.: New Caledonia, Fiji, Solomon Islands and Papua New Guinea.
Goodman Fielder – September 2000 to June 2002
Manager Corporate Group Services – Goodman Fielder.
Reporting to the Chief Financial Officer, July 2001 to June 2002.
This position administers and controls a diverse range of cost centres expenditure in excess of $100M with extensive liaison and reporting responsibilities across the various boards and divisions of Goodman Fielder and Government Authorities.
Achievements
· The cost of Workers’ Compensation has increased in excess of 29% under the current Government Schemes due to the poor management of claims. The introduction of Self Insurance programs to GF has significantly reduced this cost year on year by $14M.
· Manage the Finance function for 14 diverse Corporate Cost Centre ranging from Strategic Sourcing, Occupational Health & Safety, Corporate Project Office to Manufacturing Improvement Program across all business units. Internal customers range from business unit Finance Managers, Directors to MD’s.
· Administration and control of the Workers’ Compensation Risk Portfolio of $89M across New South Wales and Victoria and a further $23M across other States.
· To protect these significant cost savings we developed 3rd party software to track claims and estimate risk based on sound actuarial processes.
· Review and monitor progress of major projects to improve processes, reduce business complexity and improve profit. This process was know as “Full Potential” and involved the rationalisation of manufacturing sites and reduction in overheads over a 3-year period with a total potential EBIT prize in excess of $290M.
· ERP System - SAP
Project Manager – Goodman Fielder Milling, September 2000 to July 2001.
The main objective was to consolidate the Australian milling and mixing operation, which involved the closure of milling and mixing sites and centralisation of mixing to a central location to achieve a more efficient and competitive business.
Achievements
· The project priority was to implement and monitor procedures to track EBIT impact of $16m and capital spend of $26m.
· Developed financial models to assist project planning and key decisions.
· Built effective working relationship within the team and across business units to facilitate the flow of project related information.
· Liaised with business unit finance managers to ensure that the project is not adversely impacting core business from a financial perspective.