Financial Director and Financial Controller

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Position
Financial Director and Financial Controller
Location Confidential
No
Location
No preference
Willing to Relocate
Yes
Industry
Automotive-(Vehicles&Parts)-AlsoHeavyEquipment
Function
FINANCE--CFO/Control/Acctg./Treas./Tax,etc.
Compensation
$100,000 to $200,000

Resume Summary
Financial Leader with expertise in planning, budgeting, forecasting and implementing. Experienced in manufacturing and distribution in industrial and automotive markets and in a corporate environment. Successful implementations in acquisitions, integrations, joint ventures, startups, shutdowns, divestitures, and rationalizations.

Resume Body      FINANCIAL DIRECTOR AND FINANCIAL CONTROLLER

BACKGROUND SUMMARY

An effective, creative leader with a proven track record of over 30 years in finance and accounting in manufacturing and distribution in the automotive and industrial markets. Significant expertise in large and small divisions, large and small locations, and in a corporate environment. Major strengths in budgeting, forecasting, strategic planning, business integrations, acquisitions, and problem solving. Additional skills in leadership, team building, time sensitive solutions, cost reductions, and large project management. A results-driven, enthusiastic executive with a strong business acumen who consistently plans, implements, and achieves results with innovative people-based solutions.

CAREER HISTORY

MANN+HUMMEL USA INC., PORTAGE, MICHIGAN 2006-2009
A member of the MANN+HUMMEL GLOBAL GROUP, U.S. based automotive operation designs and manufactures automotive components including air induction systems, intake manifolds, surge tanks and washer reservoirs for all major North American vehicle manufacturers.  

CONTROLLER, USA Manufacturing Automotive
Managed current business, business in development, and new business acquisition.
* Primary liaison with Corporate Group Controller in Germany for all Controller activities resulting in improved reporting, communications and relationships.
* Improved new business acquisition process to increase success rate 15% resulting in a job grade increase after 1 year.
* Created and implemented new strategic “Roadmap to Profitability” program outlining a clear, specific strategic path for business acquisitions in the next 3 years.
* Created new Value Add Layering, margin analysis, costing and budgeting tools resulting in improved actions in acquisition planning in exact business segments.

DANA CORPORATION 1979-2005
World leader in the supply of axles, driveshafts, and structural sealing and thermal-management products and genuine service parts. Customer base includes every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets.

DIVISION CONTROLLER, Heavy Axle and Brake Division, Kalamazoo, MI (1998-2005)
Financial leader of a $1.3 billion sales, 5,000 person, 13 location division. Key manager in successful acquisition and integration of two former competitors. Locations in US, Canada, Mexico, Argentina, Brazil, Spain, Australia, England, Belgium. Managed a local staff of 12 and a team of controllers and accountants in 13 locations.
* Headed due diligence efforts on a multi-level acquisition of Eaton resulting in timely closing.
* Achieved highest profitability ratios in the industry by second year, exceeding expectations.
* Developed, negotiated, and implemented a successful joint venture with Bendix
* Pioneered the development and implementation of an innovative marketing alliance
* Divested two chassis plants with a novel approach experts claimed “most creative”.
* Sold plants and business segments in major restructuring effort maximizing profitability.
* Lead financial person for a large acquisition effort of Volvo location in Sweden
* Consolidated 4 division offices into one, assuming controller duties for all, meeting expectations.
* Initiated shared services accounting functions saving over $200,000 annually.
* Led administrative efforts for constructing a new division office building, completed under budget.

CREDIT MANAGER, Corporate Office, Toledo, OH (1996 – 1998)
Established and managed corporate credit and collection policies and senior manager leading half of the domestic and all international credit functions.
* Led a team of 12 accounting specialists improving international receivable days by 50%.
* Lead role coordinating corporate legal with plans for assistance on customer acquisitions.

DIVISION CONTROLLER, Automotive Aftermarket Division, Toledo, OH (1995-1996)
Financial leader and “second in command” for $300 million aftermarket division.
* Restructured a complex group serving numerous distributors, warehouses, and jobbers reducing expenses by 50%, exceeding expectations.
* Prepared strategic and tactical plans for acquiring competitors, achieving seamless integration.

PLANT CONTROLLER AND ASSISTANT PLANT MANAGER, Churubusco, IN (1989-1995)
* Improved ROS 50%, service levels to 98% in a 500,000 square foot distribution center.
* Absorbed division office accounting and data center administration, improving profitability.
* Implemented strategic plan downsizing the group from 21 to 9 locations.
* Spearheaded company’s first long-term labor union contract, exceeding expectations.

PLANT CONTROLLER AND ADMINISTRATIVE MANAGER, Columbia, City, IN (1979-1989)
Directed finance, purchasing, personnel, and administrative efforts.
* Fast growth environment, improving sales nine-fold in this Industrial subsidiary.
* Transformed a small break-even manufacturer into a major 50% ROI business.

ASSOCIATED DRY GOODS, Pittsburgh, Pennsylvania, Mentor, Ohio, and Cleveland, Ohio 1976-1979
CONTROLLER AND OPERATIONS MANAGER
* Corporate Budgeting, promoted to one location, opened another location

J C PENNEY COMPANY, INC., COLUMBUS, INDIANA 1973-1976
BUYER AND INVENTORY CONTROL MANAGER
* Received three promotions

COMPUTER AND TECHNICAL SKILLS

Software/Hardware: Excel, Word, PowerPoint, Oracle, SAP, Hyperion, PC and IBM Platforms
Major Implementations: Beta site for Oracle ERP Automotive development, rationalized instances

EDUCATION AND PROFESSIONAL DEVELOPMENT

MBA, Indiana University, 1985. Sigma Iota Epsilon Honorary Society for scholastic achievement
BA, University of Pittsburgh, 1973. Graduated Cum Laude.
40 hours per year of education courses every year for the last 25 years.
Certified Lean Six Sigma Green Belt and Dana Certified Supervisor
Selected as Dana’s representative to the MEMA organization

CIVIC AND PROFESSIONAL AFFILIATIONS

Founding Member, Board of Directors, Michigan Technological Education College, 1998-2005
Past Member, Indiana Vocational Technical College Outlying Regional Board of Directors
Past President, Columbia City, Indiana, Chamber of Commerce, Industrial Division
Past President, Whitley County, Indiana, Manufacturing Society

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