Paul Hughes
Finance Manager at Lumo- Claim this Profile
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Bio
Experience
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Lumo
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United Kingdom
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Truck Transportation
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1 - 100 Employee
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Finance Manager
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Feb 2021 - Present
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Management Accountant
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Aug 2016 - Feb 2021
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Asst. Finance Manager
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Jul 2015 - Aug 2016
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Senior Management Accountant
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Jul 2014 - Jul 2015
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Overseas Shipholding Group
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United States
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Maritime Transportation
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300 - 400 Employee
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Senior Vessel Accountant
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Sep 2006 - Jul 2014
Working in a team of accountants, I am responsible for the management accounting of a number of OSG vessel companies. The position requires a good working relationship with operations and finance staff in other OSG offices, around the world. Responsibilities include but are not limited to: • Production of monthly management accounts of a number of subsidiaries • Voyage accounting for vessels trading on the Spot market • Balance sheet reconciliations • Vessel voyage analysis • Analytical review of results versus budget (PTD, QTD and YTD) for individual subsidiaries and consolidated groups • Accounting for capital items (specifically vessel new-builds and dry-dockings) • Budgeting • Forecasting • Verification and analysis of data from external sources • Analysis of vessel performance, with restatement of earnings as applicable • Testing of in-house software developments • Ad-hoc projects set by management • Working with external auditors • Working with departments outside of the accounting function, and often overseas, to resolve ongoing issues The role can be pressured and requires a great deal of flexibility and intuition to be able to use the many systems to produce accurate and timely information. Show less
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Assistant Accountant
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Jul 2000 - Sep 2006
Main remit was to prepare monthly management accounts for several limited liability companies (operating in both the retail and hotel industries) and partnerships within the group. Responsibilities included: • Cash book maintenance • Bank reconciliations (current, cash and reserve accounts) • Preparation of monthly management accounts • Collation and reporting of statistics • Budget setting • Cash flow • Maintenance of asset registers • Calculation of accruals and prepayments • Gross margin analysis • Inventory control • Working closely with hotel management to ensure adherence to controls Show less
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Education
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University of Derby
Bachelor of Arts (BA), Accounting