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Alltel Inc  
Commercial Controller, EMEA  
   
Period Employed [Contract] August 2000 to January 2001
Business Sector Telecoms
Company Turnover $10Bn Fortune 200 Company
Employees 20,000
Description of Company Activities Provider or America's largest owned and operated wireless network and the largest provider of fixed line telephony in the Southern US
Reporting Lines Global Finance VP and CEO of EMEA
Direct Staff Responsibility 14
   
   
Remit of the Role  

I was brought in on contract as the effective CFO of EMEA to the region, responsible for establishing a shared service centre in addition to all reporting, forecasting and strategic planning.   Areas of responsibility covered IT, Human Resources, Administration and Finance.
 
Projects & Activities
 

  • Review of client contracts and assess risk exposure

  • Consolidation of regional forecasts and monthly accounts

  • Review of US vs UK GAAP reporting issues

  • Identified international taxation risk issues.

  • Planned statutory audit for UK subsidiaries

  • Worked with global finance (US) to implement core controls and procedures
Key Achievements
 

Establishment of a shared service centre, and implementation of regional accounting and reporting procedures that included the deployment of Citibank 's global cash management system. This allowed the company to rationalise costs across Europe and save significant overhead costs.
 
Reason For Leaving
 
Alltel decided to repatriate all global accounting functions, following the deterioration and worsening of trading conditions in the telecoms market to Little Rock, Arkansas., America
 
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