Chris leads KPMG’s Working Capital practice across the North. He specialises in leading and delivering performance improvement programmes including releasing millions of pounds of cash for his clients. He has 12 years of turnaround, performance improvement and value creation experience and extensive experience of working with professional services firms.
Highlights of performance improvement experience:
Project Steel – spent 6 months working with the a major global steel producer on optimising their Accounts Payable (Working Capital). This focussed on levers to implement across the Globe to ensure a structured and standardised process. In excess of $350 million cash released.
Project Berkhamsted – spent 4 months at this UK Food Manufacturer. Focusing on identifying short term cash initiatives to improve the cash flow position for a bond payment. Chris then established structural levers to ensure better management of Working Capital especially around Accounts Payable.
Project Pond – spent 6 months at this global chemicals company. Chris led the accounts receivable work stream through the detailed planning phase. Holding interviews with key stakeholders involved in the process of collections and providing a plan for extensive improvements to help improve overdue collections. Chris performed detailed planning for terms negotiations with customers and the potential opportunity from a working capital view.
Project Charger – led the cash flow review of FTSE 100 listed Consumer Retail business. Reviewing the basis of preparation for the 13 week cash flow forecast and assessing it against best practice. Identifying both process and performance improvements with detailed recommendations and a roadmap to deliver the benefits.