Jamie Thornton

• Lead 10 treasury and accounts payable professionals, driving team efficiency and performance improvement
• Monitored compliance with client monies protocols, leading on audit
• Authorise supplier transactions, internal fund transfers and bank reconciliations ensuring accuracy
• Delivered strategic support for projects, enhancing efficiency across operations
• Developed and implemented strategic plans to support business growth and financial objectives
• Reporting and payment system administration

Key achievements:

• Significant improvements delivered on compliance with client monies protocols, including reduction of unidentified client monies and aged reconciling items
• Power BI reporting dashboards developed for the two areas managed
• Payroll costs reduced by c.10k
• Enhanced automation of invoice and statement processing by the utilization of existing AI products
• Improved supplier onboarding process and quicker turnaround of supplier approvals

• Lead and manage team of 11 in accounts receivable
• Developed credit policy, ensuring compliance with processes aligned to organisational guidelines
• Reported month-end cash collection results and bad debt to board
• Oversaw efficient and correct billing procedures
• Developed credit checking methodology with ongoing credit risk monitoring
• Driving team performance through effective management and leadership practices

Key achievements:

• Doubled cash flow organically whilst supporting and enhancing acquired firms
• 3 day DSO improvement
• Cash to billing increased 20%
• 20% automation in cash allocation by utilizing API connectivity
• Integrated Accounts Receivable and Billing teams, reducing headcount by two and saving £70k annually
• Supported automatically billing renewals to enable ‘true’ auto-renewal, saving payroll costs across renewal departments manually processing renewals

• Line management of a team of 2 with wider responsibility for all team members of the hotel as part of the senior management team, circa 70
• Oversaw budget planning with full P&L and balance sheet responsibility
• Managed property financial controls within audit guidelines, collaborating with operations to mitigate risks
• Managed accounts payable, receivable and payroll responsibilities

Key achievements:

• Prudently managed financials to reopen hotel with strong EBITDA post-Covid closure
• Enhanced cashflow by targeting overdue payments from hotel debtors during Covid closure
• Supported with structuring the team to ensure a sustainable future, while minimizing impact on head-count
• Partnered with operations to minimise cash handling risk

• Oversaw Credit and Legal Services offshore teams as part of the wider shared services team
• Identifying potential bad debts through risk analysis and interrogation of debtor financials and payment performance
• Manage the litigation and insolvency process
• Administering credit insurance and personal guarantee documentation
• Face to face meetings with large debtors and financial re-structuring businesses on behalf of SIG

• Analysis of consumers and businesses applying for credit accounts
• Oversaw various projects and process improvements including systematic changes
• Management of the team, reporting to the Directors in the Credit Manager’s absence
• Key account management

• Assist with payroll for up to 100 staff members
• Standalone credit control
• Purchase ledger processing
• Stock takes, interrogating variances
• Month end processing