Life at CWE – Balancing the books at an SME

13th December, 2024

At CWE, we’re proud to be part of the UK rail industry. We believe it’s a great place to work and that our friendly team showcases the best of the sector. In this series, Life at CWE, we’ll be providing a glimpse into the life of our staff. We hope this will give readers a sense of the work our brilliant people do and the diverse range of talents and skills that make up the world of rail engineering.

In this month’s episode, we catch up with our finance manager, Shamas Mahmood , who talks us through a typical day balancing the books at a SME, and his generous volunteer work he does in his spare time.

What does your job entail, and what does a day in your life look like?
As the finance manager, I am here to make sure all financial obligations of a business are being met and being adhered to. Whether that is internal stakeholders i.e. senior management and staff, or external i.e. banks, HMRC. I am also responsible in making sure all the accounting is correct, accurate and on time. My day-to-day has evolved since I first joined CWE, and I enjoy that every day can be different. There are many strings to the bow, including cash management, dealing with suppliers and chasing customers. We are always looking at smarter and more accurate ways of reporting and making business performance better.
What do you find most rewarding about your job?
The most rewarding part of my job is seeing first-hand when changes and improvements that we have made collectively as a team are implemented, and seeing the positive impact they have on the finances. If the business finances are good then it makes decision making a lot easier. New ideas and improvements are always been spoke about, and it’s great we can be so open and work together as a team.
Which of your personal skills help you fulfil your role?
I think my calmness and willing to embrace the challenge are my best attributes. Along with my approachable personality and being able to speak to people on all levels of the business, whether it is the directors of the business or shop-floor workers.
What is your biggest piece of advice for someone embarking on the first stage of their career?
Don’t be afraid of asking questions. Sometimes the answer may be obvious but just to reassure yourself, just ask. Also, embrace the challenge ahead and new ideas. Every day is a learning experience.  You may have done something a certain way your whole life but someone else may know a different way which can help you for the future.
Tell me something interesting about yourself!
I was a youth worker for 10 years in my younger days (not that I am old!) During my time, I experienced all spectrum of young adults, and I tried to help them better themselves and prepare them for the future in any way possible. I have witnessed some good success stories which I feel honoured to be part of.

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