CV - Paul Carcone

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Paul Carcone BSc(Hons) MBA FCMA CGMA

Tel No: 07415 288 388· Email: pncarcone@hotmail.com


Marital Status: Married · Nationality: UK

PERSONAL STATEMENT

As a highly motivated, adaptable, and award winning FCMA and MBA with a broad suite of financial,
commercial, and HR-focused skills, I am now ripe for a move into a senior leadership role. With senior-
level financial acumen and proven people-focused operational leadership, I have the both the vocational
passion and technical skills to bring fresh and interesting perspectives to any organization. My career thus
far has enabled me to become highly adaptable and I have honed my competencies across settings as
diverse as strategic military headquarters, the United Nations, Scout Groups, Sixth Form Colleges,
Children’s Nurseries, and even a number of my own small companies.

EDUCATION

2018: PRINCE2 (Practitioner).


2017: MBA. Henley Business School.
2016: FCMA (CGMA). Awarded Fellowship of the Chartered Institute of Management Accountants.
2013: Level 7 Diploma in Strategic Leadership and Management. Chartered Management Institute.
2005: ACMA (CGMA). Awarded Associateship of Chartered Institute of Management Accountants.
1996: BSc(Hons) Psychology. University of York.

CONTINUAL PROFESSIONAL DEVELOPMENT

I maintain high levels of CPD and, in addition to sitting on the CIMA Professional Standards Committee, I
am qualified in PRINCE2 at Practitioner level. I also have graduated with an MBA at Henley Business
School and occasionally present at international accountancy summits. I am currently studying for an MSc
in Leadership.

Most importantly, however, I actively seek out volunteer opportunities in the community to practise and
develop my soft skills. These include, but are not limited to: mentoring underperforming male students at a
local Sixth Form at which I was previously a Governor; leading a turnaround at a local Scout Group as
Group Chairman and, more recently, as the Group Scout Leader; and creating a successful community
running club for those new to running, which now has 700 members and well over 100 regular participants.

AWARDS, COMMENDATIONS AND ACHIEVEMENTS

2016: Elected to CIMA Professional Standards (Disciplinary) Committee.


2015: Winner of Most Improved Finance Department at the Ministry of Defence Finance Awards.
2014: Recipient of French Army Commandant’s Coin for Excellence.
2013: Recipient of US Army Staff College Commandant’s Coin for Excellence.
2012: Winner of PQ Accountant Magazine ‘Boss of the Year’.
2011: Winner of ‘Mentor of the Year’ at the UK Government Finance Profession Awards.
2007: Academic Prize winner at Intermediate Command and Staff Course.
2004: Recipient of a ‘Herbert Lott’ Flag Officer Commendation.
1996: Winner of the (national-level) Event of the Year at the Student Industrial Society.

REFERENCES

A broad spectrum of unequivocally positive academic, military, commercial and personal references
are available on request.
PRIMARY EMPLOYMENT WORK EXPERIENCE

British Army. Officer (Deep Specialist Finance and HR). August 2009 to present.

Recent roles:

Army Headquarters, Directorate of Resources – Deputy Head of Finance (military)

• 4-month secondment to joint MoD/McKinsey project team on the ‘Army Efficiencies Programme’.
Developed, analyzed and put into delivery several high impact pan-Army cost-savings and
efficiency measures across 10 years with a value of £10bn over 10 years.
• Temporary promotion as the Senior Military Finance Specialist (Military). Responsible for co-
ordinating and delivering the 10-year (£114bn) Army budgetary forecast to MoD Central in my line
manager’s absence.
• Head of FP&A – leading the financial modelling, scrutiny, and assurance of all long term, high-
value, novel, and contentious pan-Army projects. Current projects include:
o Re-establishing forward basing infrastructure in Germany (up to £1bn).
o International partnering agreement with Kuwait including a complex multi-site capital build
programme (Kuwaiti funded).
o Planning and delivering UK enhanced basing in Eastern Europe (£5m).
o Finance lead for development and implementation of pan-Army ‘Holding to Account’ for In
Year Management.
• Treasurer of Army Headquarters Officers Mess – overseeing the income and expenditure of the
Army’s Senior Mess under Charity SORP (turnover of £120k).

Regional HR and Finance Director for the Army in the North West of England.

• Audit and assurance services for Public and charitable non-Public Funds totaling around (£70m).
• HR responsibility for approximately 5,000 civilian and military personnel.
• Command of 12 geographically dispersed unit HR teams comprising Regular, Reserve, and Civil
Service staff.
• Seconded to strategic ‘Gold Command’ during Cumbrian flooding crisis.

Group Finance/Resources Director at the 3 rd(UK) Divisional Headquarters (28,000 soldiers)

• Responsible for inventory budget for 4 Brigades (20,000 personnel) and all Combat Support units
(8,000 personnel) (£150m).
• Finance-lead on Levene Review driven root and branch rebuild of financial policy, forecasting
methodology, and In Year Management.
o Procedure identified as ‘Best Practice’.
o Circa £50m in delivered efficiencies in both years of my tenure (unmatched across Defence).
o Award at MoD Finance Awards.
• Re-drafted Divisional financial management procedures and policy in support of future deployed
operations.
o Procedures used as template pan-Army.
• Bi-lateral finance lead on Anglo-French Exercise.
o Award of ‘Coin for Excellence’ by French Commandant.

Head of Human Resources and Finance for two front line Regiments.

• Delivery of Regimental-level (400 personnel) HR in barracks and in the field.


• In Year Management of inventory budgets (£35m) and Internal Audit of charitable non-Public Funds
(£150k).
• Commanding teams of around 20 internationally, culturally, and socially diverse soldiers and young
officers.
o Winner of Government Finance Profession Mentor of the Year.
o Winner of PQ Magazine Boss of the Year.
Key skills demonstrated. Highly versatile; emotionally intelligent, empathic but robust and effective
leadership; advanced financial analysis skills; diplomatic and persuasive stakeholder engagement across
all levels of the organisation; capability to perform effectively under pressure; significant spare capacity
despite demanding workload.

Royal Navy. Officer (Finance and Logistics). May 1998 to August 2009.

Royal Navy Headquarters Business Partnering Officer

• FP&A and scrutiny of strategic pan-Navy projects.


• Analyzing the technical and financial performance of various contractors in their delivery of a whole
cross section of new catering, retail and leisure infrastructure contracts across the Naval Estate.
o Awarded a Flag Officer’s Commendation for my work in this project.
• Finance lead on the Royal Navy Estates Rationalization Project (£250m).

Key skills demonstrated. Contract monitoring; advanced financial analysis skills; diplomatic and
persuasive stakeholder engagement across all levels of the organisation up to and including producing
investment appraisals to ministerial level; capability to perform effectively under pressure; leading in
culturally diverse environments.

VARIOUS EXTRA-MURAL ACTIVITIES AND ACHIEVEMENTS

Barton Peveril Sixth Form College – Mentor: January 2018 to present.

Acting as the delivery phase of my MBA dissertation, I have recently been invited to take on the role of
Mentor to a group of underperforming male students who are struggling to cope with academic life at the
College.

1st Chandlers Ford Scout Group – Chairman/Group Scout Leader. May 2017 to present.

I was approached become the Chairman of a failing local Scout Group in May 2017. In a short time, I have
delivered several early wins including: a reinvigorated and empowered committee; a rapid surge in
numbers of young people attending due to overhaul and leveraging of IT and social media; a number of
new Scout Leaders; as well as the instigation of a number of high profile events. I have since assumed the
role of Group Scout Leader.

Poppins Early Learning Ltd – Managing/Finance Director. January 2012 to December 2012.

As an adjunct to my primary career, and following the success below, I was approached by the overseas
owner to undertake a temporary appointment to avert an imminent liquidation and staff walk-
out. After rapid upturn in performance following my intervention, the business was saved and returned to
profitability.

Thorney Island Nursery – Finance Director. September 2011 to July 2012.

On my arrival at my Regiment on Thorney Island, the Garrison Nursery was identified as being
bankrupt. Within three weeks, I singlehandedly developed a salvage package and implemented the new
business model that saved £7K per month. To enable success, I devised the new package to give an
hourly rate pay rise to the employees and took personal responsibility for briefing the changes to the staff.
The measures saved the nursery, which continues to grow strongly.

Barton Peveril Sixth Form College – Governor (Finance). September 2006 to November 2009.

I sat on the Main Board and the Financial Monitoring Group and oversaw a period of internal restructure
and a significant new capital build programme. The College, and students, have benefitted significantly
from the latter of these initiatives.

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