----------------------CFO/VP & DIRECTOR OF FINANCE----------------------
• Strategic Planning • International Finance (Singapore)
• Corporate Internal Audit • Sarbanes Oxley
• Financial Planning & Analysis • Cost Reduction
•CFO for private global company (SEI LLC), $55MM revenue. Led all financial activities, including accounting, planning, treasury and reporting. Key player in improving profit from a $0.7MM loss in 2005 to $1.5MM+ profit in 2008.
•Sector Controller for Motorola two-way radio business ($4B+ revenue), led process improvement initiative to reduce cycle time for annual plan process from months to 45 days. Transitioned accounting transactional responsibilities to a corporate wide financial shared services model.
•Based in Singapore, led Motorola Corporate Finance for South East Asia. Developed regional forecast process for $3B business to provide operations team & factories better visibility into demand for region. Reduced close process by 25%.
A senior executive who is a strong partner with the operations team. Offers a record of success in a broad range of transactions in both public and private companies with increasing competitive pressures. Recognized for ability to use strong analytic, planning, and organizational skills in the development and implementation of innovative solutions to financial challenges and business problems. A strong communicator, accomplished at obtaining buy-in organization wide. Experience includes U.S., Europe, Asia as well as high-growth, and established businesses. MBA and international experience (lived in Singapore).
PROFESSIONAL EXPERIENCE
SHIELDS ENTERPRISES INTERNATIONAL (SEI) LLC, Oak Brook, IL
Vice President and Chief Financial Officer 2004 – 2009
Actively led all SEI financial activities, including treasury, accounting, financial control, planning, reporting & analysis for a $55MM, 900 employee call center business. Reporting to the President of the SEI business and dotted line
to the CFO of the Ygomi Group (holding company privately held). Offices in the US, UK, Hungary and China.
•Assisted in turning the business from a $0.7MM loss in 2005 to a $1.5MM profit in 2008 (EBITDA).
•Implemented monthly, by customer/client forecast process and reviews with executive staff.
•Created new annual budget process, by function/by client, which provided function VP’s complete visibility and
accountability for their individual budgets.
•Led monthly business reviews which fostered discussion and shared decision making among the President’s staff.
•Established accounting and financial processes for new call center in the UK.
MOTOROLA INC., Schaumburg, IL
Director of Finance-Information Technology (IT), Corporate Offices 2003 – 2004
Provided overall financial support for the Corporate CIO and his staff with a total budget of approximately $900MM. Managed the worldwide IT Finance organization of 27; led IT financial planning, reporting and analysis.
•Worked with the CIO and his staff, ensured that budgets were met in 2003 and 2004 YTD September.
•Established corporate wide SOX 404 IT Team to drive policies, standards, implementation of testing, deficiency identification and remediation.
•Reduced IT finance support staff by approximately 20% over 12 months, while streamlining reporting and analysis processes. Co-led company wide Telecom SWAT Team which identified $17MM of cost reductions.
Director of Finance-Sarbanes Oxley (SOX) 404, Personal Communications Sector (PCS) 2003 – 2003
Led overall SOX 404 project for PCS, a $9B+ Sector.
•Developed and directed the PCS SOX Project Team, which created the Sector Project scope, plan and implemented required reviews to meet requirements.
VP & Director of Finance-Information Technology, Personal Communications Sector 2001 – 2003
Provided overall financial support for the Sector CIO and his staff with a total Sector budget of $150MM.
•Introduced process controls and financial reporting that allowed PCS IT to over perform on budgets (18% under budget, 24% under prior year) and eliminated historical cost “surprises”.
•Led an organization of 8 for IT financial planning & reporting, PCS IT GAIN (cost reduction) initiative, financial system initiatives and other special “outsourcing” analysis.
•Partnered with the CIO to develop processes (i.e., approvals, project reviews, strategy) to alert the management to key IT issues.
VP & Director of Finance-North America Group, Personal Communications Sector 2000 – 2001
Provided overall financial support for PCS North America sales organization which included North America Cellular Subscriber and World Wide Paging, with annual sales of over $2B.
•Managed a total finance organization of 50; responsible for financial planning, credit and collections, distribution accounting, and pricing proposals.
•Implemented weekly carrier account review sessions to better identify sales opportunities and forecast the business. Reduced the finance and operating organization cost structures by approximately 15%.
VP & Sector Controller-Commercial, Government & Industrial Solutions Sector (CGISS)1999 – 2000
Supported the Sector President and Sector CFO in providing financial analysis for Corporate Operations Reviews, Sector Staff Meetings, Strategies and Annual Plans for a $4B+ business. Led a team responsible for Sector accounting, Sector financial planning & forecasting, tax and internal controls.
•Reduced the annual plan cycle time from several months to 45 days.
•Transitioned Sector accounting transactional responsibilities to corporate wide financial shared services.
VP & Director of Finance-Radio Products Group (RPG), CGISS 1997 – 1999
Managed financial support for the Worldwide RPG two-way radio dealer channel, which included the consumer radio business with annual sales of over $1B. Managed a worldwide organization of 200 responsible for financial planning & forecasting, credit & collections, accounting, call centers and pricing.
•Generated a business pre-tax profit of 16% and a RONA of 60% for 1998. The finance organization implemented Oracle Order-to-Cash, which was tied into Oracle Manufacturing.
•Implemented “PowerLink” electronic communications (EFT, NA invoicing, orders) with dealers.
Sector Controller-Cellular Networks & Space Sector (CNSS) 1996 – 1997
Supported the Sector CFO in providing financial analysis for Operations Reviews, Strategies, LRP and Annual Plans for a $12B business. Managed a total team of 35; performed Sector accounting, Sector financial planning & forecasting, tax, internal controls, payroll and import/export compliance.
•Implemented process changes to improve the quarterly operations review and reserve meetings.
•Completed system enhancements to mechanize the balance sheet interface with the corporate briefing room charts.
Director of Corporate International Finance-Asia Pacific, South Region 1995 – 1996
Based in Singapore, provided overall financial support for the Corporate VP & General Manager as well as the Corporate VP of International Finance. Managed a region wide finance organization of 40 based in five countries; provided corporate financial planning, legal entity accounting, treasury and internal controls.
•Reduced the accounting close process in Singapore by 25% and developed reporting & forecasting process for corporate budgets and sales.
•Developed a region wide sales forecast process that gave the operating team better visibility into demand.
Senior Audit Manager-Corporate Internal Audit 1993 – 1995
Manager-Corporate Financial Planning 1991 – 1993
Other Motorola Accounting/Finance Positions, CGISS 1977 – 1991
------------------------------EDUCATION-------------------------------------------
Master of Business Administration, International Finance, DePaul University, Chicago, IL
Bachelor of Arts, Accounting, St. Mary’s College, Winona, MN |
