Tom Castleton
Fjärås
Summary
Detail-oriented and highly organized Treasury professional with experience in supporting treasury operations and ensuring smooth financial transactions. Proven track record in processing payments, reconciling cash flow, managing liquidity, and handling treasury reporting tasks. Skilled in maintaining accurate records, optimizing cash management processes, and ensuring compliance with financial regulations
Overview
21
21
years of professional experience
Work History
Back Office Specialist
Volvo Treasury
02.2023 - Current
- Manage treasury bank activities in a timely manner including payments processing, and deal confirmation and queries resolution
- Ensure the Volvo Treasury portfolio of Foreign Exchange, Money Market and Derivative transactions are confirmed, processed and paid
- Oversee daily cash forecast and global cash position reporting
- Review, approve and release electronic disbursements
- Pool cash from all secondary bank accounts when necessary
- Maintain strong bank relationships while managing global banking structure
- Prepare cash flow reports, identify and evaluate variances
- Support the implementation of treasury projects to increase operational excellence
Treasury Controller
Mölnlycke Healthcare
05.2019 - 01.2023
- Promoted after 2 years as a senior accountant for becoming the ‘bank expert’ in my team
- Report and analyse KPIs on financial items, financial risks and treasury performance
- Month-end and year-end reporting of FX exposure, finance net, derivatives, borrowings and liquidity to Investor AB
- Business owner of the Treasury System; drive improvements, plan, test and implement upgrades and changes
- Responsible for currency rates in all systems; update FX rates in SAP & TS
- IHB (in-house bank) owner; book intercompany netting figures and monitor cashpools
- Secure treasury policies, procedures and controls are implemented in group companies
- Participate in weekly/monthly meetings with external banks
- Back up other Treasury tasks, such as; internal loans, EMNT program & insurance
Senior Accountant
Mölnlycke Healthcare
05.2019 - 06.2021
- Accounts Receivable: responsible for processing bank statements for the German and Polish markets
- Monitoring the payment runs and processing manual payments requested by the markets
- Following up with local office on outstanding items, reporting monthly KPIs (key performance indicators) and reconciling the bank accounts & account receivable ledgers
- Working actively with continuous process improvements, leading small projects, and serving as an AR specialist in larger projects.
- Supporting the team manager to identify and drive opportunities in the accounts receivable area
- Took on the bank statement responsible role which is quite technical; creating posting rules, daily contact with the banks (Nordea & ING), monitoring CAMT & PAIN files and responsible for IHB (in-house bank) postings – FINSTA files, clearing treasury bookings and intercompany payments
- Key tester/user during the IHB project in S4 HANA
Accountant
Unfors Raysafe AB
Billdal
07.2017 - 05.2019
- Accounts Receivable - brought the overdue percentage down from 30% to 5-10% and maintained
- Reminders sent weekly, bank transactions entered in Visma daily and overdue report presented to the team (plus Singapore & UK office) twice a week
- After 6 months, started to work closely with Accounts Payable creating payment runs, making manual payments and dealing with reminders and statements
- The role then expanded to include working capital reporting; cash forecasting and sending the monthly package to our head office in Eindhoven plus preparing all the bank reconciliations
- Other areas include; submitting reports to Statistiska Centralbyrån (SCB), assessing credit risks for new customers and tracking the inventory
Teaching Assistant
International School of the Gothenburg Region (ISGR)
Gothenburg
01.2014 - 06.2017
- Creating differentiated lesson plans to meet every child's needs
- Assisting students with their work and reading with each student on a daily basis
- Promoting an internationally minded class which embraces diversity
ESL Teacher
Shane English School
Shanghai
02.2012 - 02.2013
Finance Assistant
First Wessex
Portsmouth
08.2011 - 02.2012
Assistant Accountant
BAE Systems Surface Ships
Portsmouth
01.2010 - 08.2010
- The role included many duties using IFS: Cash forecast - completed every morning and sent to head office treasury
- Bank transactions - entered onto IFS and made sure all accounts were up-to-date
- Bank reconciliations - prepared and submitted to head office at month end
- One off suppliers - raising cheques and making BACS/CHAP payments
- Company expenses - processed on IFS and made payments to employees
- Other tasks included; the migration of other bank accounts joining our system, searching projects to allocate costs, making foreign payments through Citibank and inter-company payments on Intersite
Assistant Accountant
BAE Systems Insyte Ltd
Portsmouth
06.2007 - 01.2009
- First employed working in Accounts Payable, dealing with the purchase ledger
- Entering invoices onto SAP, making sure invoices were paid within their credit period and dealing with suppliers
- Promoted to an assistant accountant within 3 months, duties included: Fixed assets – fixed asset register, calculating depreciation and month end reconciliation
- Physical verifications - visiting other BAE sites to conduct verifications
- Payment runs - authorising payments twice a week to suppliers and employees
Accounts Trainee
The John Doyle Partnership
Portsmouth
11.2006 - 05.2007
Play Centre Attendant
Krazy Kaves
Portsmouth
09.2003 - 03.2007
Education
Swedish B1 & B2 -
Folkuniversitetet
01.2019
Postgraduate Certificate in Education (PGCEi): Master's Level - Merit
Nottingham University
01.2017
TESOL Certificate -
Guangzhou Training Centre
01.2010
Association of Accounting Technicians (AAT) -
Portsmouth University
01.2008
3 A Levels - Accounting, Business & IT
South Downs College
01.2006
8 GCSE’s (A-C) - Maths, Statistics, English (double), Science (double), Geography & R.E.
City of Portsmouth Boys School
01.2004
Skills
- Electronic payment handling
- Transaction monitoring
- Bank reconciliation
- Cash management
- Continuous improvement
- Financial diversification
- Netting
- Liquidity management
References
Available upon request.
Personal Information
I enjoy participating and watching most sports, especially football. I listen to most music genres and like attending live music events. Reading and cooking Asian cuisine is a passion of mine.
Backpacking is a fond past time, now I like spending summers in The UK & Spain and winter ski trips in Åre.
Timeline
Back Office Specialist
Volvo Treasury
02.2023 - Current
Treasury Controller
Mölnlycke Healthcare
05.2019 - 01.2023
Senior Accountant
Mölnlycke Healthcare
05.2019 - 06.2021
Accountant
Unfors Raysafe AB
07.2017 - 05.2019
Teaching Assistant
International School of the Gothenburg Region (ISGR)
01.2014 - 06.2017
ESL Teacher
Shane English School
02.2012 - 02.2013
Finance Assistant
First Wessex
08.2011 - 02.2012
Assistant Accountant
BAE Systems Surface Ships
01.2010 - 08.2010
Assistant Accountant
BAE Systems Insyte Ltd
06.2007 - 01.2009
Accounts Trainee
The John Doyle Partnership
11.2006 - 05.2007
Play Centre Attendant
Krazy Kaves
09.2003 - 03.2007
Swedish B1 & B2 -
Folkuniversitetet
Postgraduate Certificate in Education (PGCEi): Master's Level - Merit
Nottingham University
TESOL Certificate -
Guangzhou Training Centre
Association of Accounting Technicians (AAT) -
Portsmouth University
3 A Levels - Accounting, Business & IT
South Downs College
8 GCSE’s (A-C) - Maths, Statistics, English (double), Science (double), Geography & R.E.
City of Portsmouth Boys School
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