HONEYWELL INC. 1997 2006
Three most recent roles below represent management intent to appoint a leader to improve or institute processes within the Security and Fire SBUs (new acquisitions with $2 billion in sales) to conform to Honeywell standards. Honeywell attempts to move select employees into new roles every 18 months to develop/ enhance their careers.
Finance Manager: Global Credit and Treasury Services, Melville, NY 2005 2006
Global leader of a credit dept catering to approx 60,000 system installers. Reported into the CFOs of Security and Fire and two GCTS Directors. Managed $4 million budget - dept. consisted of 110 heads.
· Facilitated a 25+% reduction in past due balances for select businesses by developing and implementing a forecasting/goal setting process.
· Initiated a 10% year-over-year increase in collections by developing reports on MS Access to help dept. focus on key areas.
· Reduced variance to less than 1% from an average of 20% between actual and estimated collections by establishing a strong reconciliation process.
· Increased staff productivity by implementing metrics and through portfolio analysis.
· Addressed SOX requirements by strengthening controls.
Finance Manager: Integrated Supply Chain (ISC), Melville, NY 2003 2004
Finance leader of five worldwide Security factories ($450m COGS). Reported directly to VP of ISC, VP (Ops) and the CFO. ISC is a functional organization that focuses on worldwide manufacturing from cost, productivity, process and controls standpoint(s).
· Identified $20 million of productivity as a key profit driver through complex P&L analysis. Influenced management focus on cost take-out measures such as 6 Sigma, material deflation, restructuring and value engineering initiatives.
· Administered a $12 million (9%) reduction in inventory by developing tools/infrastructure to track and report worldwide initiatives.
· Saved $8 million on 14 restructuring projects by determining viability and monitoring progress.
· Devised tools and established a discipline for the monthly review of factory financial and operational (quality, delivery, safety, etc) performance.
· Enabled division to meet profit target by determining productivity requirement while compiling the 2003 and 2004 ISC Annual Operating Plans (AOPs).
· Led the integration of the financial processes of a $60m acquisition. Performed related purchase accounting tasks.
Manager of Accounting and Internal Controls, Syosset, NY 2002 2003
This high visibility role was created pursuant to Sarbanes-Oxley legislation to strengthen the overall controls environment and required working/collaborating with all levels of the organization. Key achievements include:
· Developed and executed a controls plan to address process deficiencies by deploying control scorecards to 50 units. Three subsequent internal audits as well as PWC quarterly reviews revealed no significant issues.
· Trained and led businesses through a self-assessment tool to assess controls surrounding Accounting and Finance, Fixed Assets, IT, Training, Engineering, Inventory, Supply Chain, Manufacturing and Quality.
· Reduced financial exposure by conducting reviews with senior management at select businesses to assess the business and control environments.
· Developed divisions first accounting policy in select areas and researched accounting issues.
· Reduced inter and intra company difference to $50,000 from $7 million by leading 50 units through related initiatives such as training, policy implementation, web reporting and imbalance reconciliation.
· Substituted for Controller and Asst. Controller during a four-month period at year-end. Oversaw performance of corporate staff, liaised with sector and company HQ to deploy and execute various reporting requirements.
Director of Special Projects, New Delhi, India 2001 2002
· Generated $700,000 in savings at an overseas operation by implementing controls and eliminating future liability through investigations and negotiations while bringing the project to closure.
Senior Auditor, Morristown, NJ 1997 2001
Cross-functional process improvement related audit of the Finance and Accounting (P&L and Balance Sheet reviews, variance analysis), Supply Chain and Human Resource functions in the automotive, chemical, aerospace and automation control industries. Supervised audits in a team leader capacity to coordinate tasks and manage staff. Compiled the AOP of a chemical business.
COOPERS AND LYBRAND LLP, Philadelphia, PA 1993 1997
Senior Associate (Received an early promotion to senior associate in January 1995)
Supervised statutory audits, carve out audits and due diligence exercises of SEC and non-SEC clients. Clients included Sun Company, UGI, Ford New Holland Finance Company, ICC, C-TEC, Hercules, The Scott Paper Company, The Sheraton Hotel and the University of Pennsylvania.
· Reviewed documentation relating to registrations with the SEC- 10K, 10Q, shelf registrations etc.
· Promoted to Senior Associate in 18 months vs normal time of 30 months.
TATA STEEL 1987 1990
Finance Manager- TATA TIMKEN LIMITED, Jamshedpur, India 1988 1990
The company is a joint venture between the Timken Company of Canton, Ohio (a Fortune 500 co. & world leader in the manufacture of tapered roller bearings) and Tata Steel, the largest private sector company in India.
Prepared forecast models of the JV entity, financial statements for annual audits, supervised staff and interacted with external auditors.
· Eliminated $10 million of possible exposure by negotiating foreign exchange loan with exchange fluctuation cover for the import of equipment.
Accounts Officer- TUBES DIVISION, Jamshedpur, India 1987 1988
Prepared financial statements, monitored inventory, reconciled intra-co. accounts/undertook preliminary work for Tata-Timken.
KULKARNI AND OSWAL CHARTERED ACCOUNTANTS, Pune, India 1984 1986
Audits, compilations, accounting and tax assignments per Indian GAAP and tax laws.
EDUCATION
MBA, (part time web based program), Indiana University, Bloomington, IN expected Q4 2007
MS, Accounting, University of North Carolina, Chapel Hill, NC
Specialized in Financial Accounting and Audit
Bachelor of Commerce, Poona University, Pune, India
CERTIFICATIONS
CERTIFIED PUBLIC ACCOUNTANT (CPA)
· Member of the American Institute of Certified Public Accountants.
CHARTERED ACCOUNTANT (CA)
· Member of the Institute of Chartered Accountants of India: Course work consisted of 20 parts on Accounting, Auditing, Taxation, Law, Mathematics & Statistics, Operations Research, Management, Economics etc.
Honeywell Green Belt certified
COMPUTER SKILLS
Hyperion Enterprise, HFM, Microsoft Access, Excel and Word
FOREIGN LANGUAGES
Fluent in Hindi (Indian national language) and Bengali (an East Indian dialect)
OTHER
U.S. citizen willing to relocate in the United States and overseas |
