Results-oriented Financial Leader with strong background in public reporting, debt and equity offerings, and SOX compliance. Extensive experience with executive management and operations support, acquisitions, spin-offs and dispositions, tax compliance and, strategic planning. Excellent analytical, organization, negotiation and communication skills |
PROFESSIONAL EXPERIENCE
Professional Summary
A results-oriented Financial Leader with a strong background in operational support, SEC reporting including debt and equity offerings, Sarbanes Oxley compliance, internal control evaluations, consolidations and corporate functions. Excellent analytical, organization, negotiation and communication skills.
Core Competencies
SEC Reporting Sarbanes Oxley Compliance Financial Turnarounds
Operations Support Spin-offs/Dispositions US/Foreign Tax Compliance
Strategic Planning Acquisitions P&L Analysis
International Accounting Internal Reporting Investments
2005 to A $200 million international manufacturer of products used
2008 in the production of electronic components.
2007 to Chief Financial Officer. Reporting to the Chief Executive Officer.
2008 Responsible for worldwide financial functions including external financial reporting, product line profit and loss analysis, strategic planning and assistance to the manufacturing and sales functions of the company.
• Assisted the CEO in outlining strategies to increase company profitability through better pricing and cost controls.
• Reorganized the global accounting function to support financial reporting and analysis required for recent segmentation of the company’s business into three distinct product lines.
• Worked closely with product line general managers to provide financial guidance in the preparation of the annual plan which included strategies for growth and cost containment.
2005 to Vice President and Controller. Reported to the Chief Financial 2007 Officer. Responsible for consolidated financial reporting to banks and investment ownership group, tax compliance, inventory costing, all accounting related functions including receivables, payables and payroll processing and the evaluation and implementation of internal controls.
• Completely reorganized the corporate accounting function thereby reducing the monthly closing cycle from 30 days to 3 days utilizing the Hyperion Financial Management tool.
• Substantially reduced the audit process which resulted in savings of over $80,000.
• Performed an initial evaluation of internal controls and implemented several improvements which resulted in the reduction of errors in the financial reporting and processing functions and generated estimated cash savings of over $100,000 per year.
• Performed a significant role in the sale of the company to a strategic buyer and was commended by the buyer’s mergers and acquisition specialists as one of the key executives in the Company’s management structure.
2000 to A $460 million provider of comprehensive customer
2005 care services and solutions.
Vice President and Controller. Responsible for all aspects of worldwide accounting function including preparation and review of SEC filings, compliance with Sarbanes-Oxley, strategic planning and interim reporting, tax compliance and planning, and internal controls assessments.
• Led the Company’s Sarbanes-Oxley efforts that incorporated early implementation of Section 302 requirements, an accelerated plan for compliance with the requirements of Section 404 and an aggressive plan to implement an annual Sarbanes-Oxley process.
• Identified and implemented several tax initiatives related to Federal, State and Local taxes resulting in the Company receiving more than $18,000,000 in refunds and tax benefits.
• Orchestrated efforts to reduce selling, general and administrative expenses over a three year period which resulted in a 35% cumulative reduction of overhead expenses.
• Identified and collected $1,400,000 in company investments.
• Organized and completed the interstate transition of the finance department on time and without any disruption of work flows and a reduction in annual spending of over $400,000.
• Implemented Hyperion Essbase financial reporting tool to provide a more dynamic approach for reporting and budgeting and Hyperion Analyzer to provide management with intranet access to financial results.
• Introduced new accounting processes which resulted in greater depth and understanding of the financial statements and a reduction in the annual audit fee by 20%.
1997 to A $1.6 billion non-asset-based provider of international logistics
2000 solutions and transportation services.
Vice President-Corporate Controller. Responsible for financial reporting, planning and internal control functions including preparation and review of all SEC filings, budgeting and strategic planning.
• Orchestrated preparation and filing of the Company’s first public offering of $110 million of Senior Notes filed with the Securities Exchange Commission on Form S-4.
• Responsible for integration of a major European/Asian acquisition into the financial reporting process of the Company.
• Implemented Hyperion Reporting Platform which resulted in a reduction in the month end close by approximately 5 days.
• Coordinated preparation of five-year strategic model used as the basis to obtain financing for a $27 million acquisition.
• Introduced Company’s first formal quarterly forecasting model and annual planning process for worldwide budgeting and strategic planning.
• Streamlined monthly reporting package including a revision of Key Performance Indicators to provide more meaningful analysis of financial results of business units.
1982 to A $3 billion distributor of communication products in North America,
1997 Europe, Asia and Latin America.
Assistant Corporate Controller. Responsible for the preparation and review of SEC filings, annual shareholder report, various other internal reports and governmental reporting requirements.
• Participated in a number of public registrations relating to debt and equity issues including a $200 million shelf registration and the spin-off and IPO relating to a $400 million division of the Company.
• Responsible for all facets of the corporate accounting function including consolidations, implementation of technical pronouncements, internal controls and the wind down of previously sold businesses.
Prior to Big 4 Public Accounting
1988 Responsible for the audits of numerous public and private sector manufacturing and service industry clients.
EDUCATION:
Masters, Business Administration, De Paul University Chicago, Illinois.
Bachelor of Arts, De Paul University Chicago, Illinois.
CERTIFICATIONS: Certified Public Accountant
AFFILIATIONS American Institute of Certified Public Accountants
& MEMBERSHIPS: Illinois Society of Certified Public Accountants
RECOGNITION & AWARDS:
Recognized by CEO of company and public accounting firm for outstanding achievement in the execution of Sarbanes Oxley compliance process. |
