Current Interim Role
2009 to 2010

Group of companies engaged primarily in corporate and personal FX comprising CAXTONfx, Caxton Voyager and Knowledgewire; t/o c. 300m.

Reporting to the FD.

Assisting the FD to introduce a range of measures to increase the effectiveness and stability of the Back Office.

  • Reconciling management accounts with the UK Statutory accounts for Feb 2009.
  • Posting any journals required as a result of the above reconciliation.
  • Posting the opening balances, as per the UK Stat accounts, onto Sage Line 50.
  • Introducing Accrual accounting and implementing standard procedures.
  • Implementing inter-company reconciliation procedures.
  • Verifying current internal controls and improving and/or implementing as required.
  • Introducing a Petty Cash Imprest system.
  • Accounting for Global traveller cards to aid marketing.
  • Implementing a monthly posting routine.
  • Implementing monthly Balance Sheet accounts reconciliation procedures.
  • Identifying and implementing P&L accounts that require analysis on a monthly basis.
  • Designing management accounts in Sage to supersede the existing spreadsheets.
  • Determining the 2010 Budget and posting this to Sage.
  • Mentoring a newly qualified Chartered Accountant in post as Financial Accountant for all three companies.
  • Posting opening balances as at Feb 2009 onto Sage.
  • Writing up books of account to date.
  • Designing Management accounts statements into Sage.
  • Regularising VAT.
  • Beginning monthly reporting.
  • Designing and implementing a system to ensure that monthly billing is in place.
CAXTON VOYAGER (Prepaid currency (FX) Cards)
  • Completing reconciliations to August 2009
  • Bringing reconciliations up to date
  • Posting opening balances as at Feb 2009
  • Writing up books of account.
  • Designing management accounts.
  • Beginning regular monthly reporting.
  • Consolidating accounts.