FTR LTD (A Melbourne IT Company)
An Australian Hardware, Software, Internet and Service company whose proprietary digital audio and video products are distributed through an extensive global network of resellers. Responsible for overseeing all aspects of international financial management including foreign currency management, International Reporting Standards (IFRS), compliance, consolidation, transfer-pricing, procurement and logistics as well as partner with the Divisional Executive Vice President with short and long-range business planning.
·Implemented a universally accepted tax transfer pricing strategy between the US and Australia through the Company’s Big 4 accounting firm, lowering the consolidated tax rate.
·Partnered with the Divisional Executive Vice President in developing a three year metric driven plan that quantified the profitability and success metrics of the long-term strategy for the Board of Directors.
·Designed and implemented a new product procurement process which resulted in a 22% reduction in inventory in 2008.
·Enhanced the financial controls and processes for the company’s inventory which yield net-gross dollar inventory variance of less than 1% for 2008.