Areas Of Expertise:
- Financial Reporting and Analysis
- Process Improvements
- Project Management
- Project Management Office
- Stakeholder Management
- Bachelor of Commerce (Accounting & Finance Majors), University of Sydney, December 2016
- Chartered Accountant Australia and New Zealand (CA ANZ), September 2019
About Maddison Schmid
Maddison Schmid is a qualified Chartered Accountant with over 8 years’ experience across financial services firms. She has experience in financial and management accounting, forecasting, data analysis, budgeting, acting as a virtual CFO whilst also having a hat as a paraplanner for Financial Advisers. In addition, she has led and been involved in IT based Projects including Xero and Salesforce which consisted of identifying process improvements, standardising the approach of rolling out the software across the firm whilst incorporating governance.
What Maddison brings
- Rigorous Analytical ability, solid process improvement skills.
- A natural initiative-taker with a bias for action.
- She loves building relationships that lead to team success and business growth.
- Solid Financial Reporting and Financial/Variance Analysis skills.
- Clear communicator who can translate scope to different stakeholders.
- A consultant who can rally teams and influence peers across the organisation.
- Altus Financial (Altus)
- Crowe Horwath (Findex)
As a Client Adviser/Senior Accountant at Altus Financial, Maddy was responsible for the data migration of a clients prior CRM and accounting system into a new accounting system, SAP for the client’s scalability. The data migration involved backing up the data in the prior accounting system, migrating the data into the new SAP accounting system via extract, transform and load. The data migration also involved Maddy mapping the chart of accounts and testing/evaluating the integrity of the data to ensure financial comparatives where complete and accurate for next year’s audit.
As a Client Adviser/Senior Accountant at Altus Financial, Maddy acted as a virtual CFO for various entities in different industries on a monthly and quarterly basis. This role involved her preparing forecasts and variance analysis reports to present to directors to assist with cost reduction, revenue enhancement, profit maximisation and improving the business pipeline and growth plans. As a part of the budget Maddy compiled cashflows for the various companies to identify future trends, highlight areas of improvement and risk areas for her clients. She also acted as a voice of data by presenting and articulating financial information and business insights to executives.
As a Client Adviser/Senior Accountant at Altus Financial, Maddy was a team lead in the Xero project team. This role consisted of her identifying process improvement opportunities and standardising the approach of using the xero software across the firm. In this project she successfully trained and navigated people in xero in her firm and Altus’ international outsource team based in India. She served as a point of contact and collaborated with colleagues and the outsource team in India for troubleshooting/resolving accounting and reporting issues relating to Xero whilst maintaining compliance in financial reporting. She provided strong internal leadership and direction to the international outsource team whilst fostering a positive culture.
As a Finance Associate at Enrizen, Maddy was a team member involved in ensuring a recently adopted CRM system Salesforce was rolled out using a standardised approach. Maddy’s responsibility in the team was to ensure processes, procedures and visual work instructions were prepared in a way that allowed employees to perform tasks or jobs to their best of their abilities. She also actively put her hand up to develop and implement electronic workpapers for trusts, individuals, and companies to improve autonomy as a part of the standardisation approach.
As an Accountant at Crowe Horwath (Findex), Maddy was responsible for ensuring the accuracy of financial documents, as well as their compliance with relevant laws and regulations. She prepared and maintained important financial reports, tax returns and ensured that taxes were paid properly and on time for each of her clients. She evaluated financial operations to recommend best practices, identify issues and strategise solutions to help organisations run efficiently. She offered guidance on cost reduction, revenue enhancement, and profit maximisation. She was also accountable for conducting forecasts and risk analysis assessments for her clients.