John Snelson

 John Snelson  became a Partner in Ernst & Young in 1984, becoming Divisional Director of the Management Consulting practice in Sydney and National Director of the Performance Improvement Division. He built the management accounting arm of the consulting practice based on his 16 year background in the Royal Ordnance Factories, International Computers Limited, CableMakers Australia and Comalco Limited.

On leaving Ernst & Young in 2000, John set up his own Management Consulting business, Traction Management Services, specialising in managing small to medium businesses and financial management.

John's expertise is in calibrating activity, process and product costs in complex, vertically integrated businesses in networked companies and utilities where integrity and consistency have to be applied to the attribution of overheads at a factory/branch, group, product, market, network and enterprise level.

John has worked for most of his career with blue-chip companies, such as AMP, Bank of America, Boral, Cadbury Schweppes, Coca-Cola Amatil, Commonwealth Bank, CSR, Fujitsu, HCF, Leighton Holdings, Readers' Digest, Southcorp, St. George Bank, Telstra, Time Warner and Westfield.

In the Public Sector John has worked for the NSW Premier's Department, the Departments of Environment and Planning, Corrective Services, Industrial Relations and Employment, Minerals and Energy, the Corporate Affairs Commission, Roads and Traffic Authority and the WorkCover Authority.

John played a significant role in the design of the NSW State Owned Corporations Act and the implementation of the commercialisation, corporatisation and privatisation programs in New South Wales in railfreight, long-distance and suburban passenger trains, gas, electricity transmission and distribution, ferries, water, mines and grain handling. John and his team wrote the Costing Manual for Corporatised Utilities for the NSW Treasury.

Federally he has worked on the commercialisation of postal services, telecommunications, airports, the N/S rail corridor, Murray-Darling Basin and universities.

   I N T E R N A T I O N A L    A S S I G N M E N T S

Overseas, John has worked extensively in India and Indonesia, leading the team as Project Director Accounting Reforms (India) and Accounting Team Leader - Community Service Obligations (Indonesia) as special advisor. John has developed a niche specialisation in the costing and pricing of CSOs (Community Service Obligations) in rail, bus, ferry, energy, water, postal, financial and telecommunication industries.

   R E C E N T   E X P E R I E N C E

project director - Accounting Reforms - Indian Railways (Asian Development Bank 2006-2007);

consultant on the North South Rail Corridor Study (DOTARS 2006);

manage a NFP as Chief Executive (Life Education - 2003-2005);

advise on managing cashflow of an expanding fruitjuice company (Nudie Juice - 2004):

separate accounting for commercial and non-commercial activities (Min of State Owned Enterprise Indonesia - 2002);

implement product/customer profitability measurement and KPIs (FreightCorp -2001);

advise on asset management systems, costs and procurement (Queensland Rail - 2002);

Member - Inquiry into the Workers' Compensation Scheme (Sheahan Commission - 2001);

From 2003 to 2005 he was Chief Executive of a charity, Life Education (NSW) Ltd.

   B O A R D  

In the period since the year 2000, at various times John has been involved at a Board level with the following companies ...

• Director - Southern Cross Connect Pty Limited (Internet Service Provider)
• Chairman - Ku-ring-gai Financial Services Limited (Community Bank)
• Director - The ClaimRoom Pty Limited (Online Dispute Resolution)
• Director - The Society of Australian Genealogists (Historical Society)
• Chairman - Traction Management Services Limited (Management Consultants)
• Director - The Royal Exchange of Sydney (Private Business Club)

In 2001, he conceived the idea of opening a new bank in his community and was the driving force behind the establishment of the Turramurra Community Bank, becoming its first Chairman and member of the Board for many years.

On Tuesday 2nd October, 2007 John was presented with the Australian Community Award, being a Certificate of Appreciation to Australian Volunteers "for outstanding service, contribution and dedication to the community".

   FCMA       Fellow          Chartered Institute of Management Accountants.
 CPA         Member        Australian Society of Certified Practising Accountants.

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