Financial executive with broad leadership experience including oversight of accounting, banking, treasury management, and information technology. Successful in domestic and international manufacturing environments, with extensive experience with high-growth situations, acquisitions, divestitures, strategic alliances, organizational restructuring, strategic planning, process improvements. |
EXECUTIVE SUMMARY
Results-focused strategic and financial executive with broad leadership experience including oversight of accounting, banking, treasury management, information technology, human resources, employee benefits and risk management. Successful in domestic and international manufacturing and distribution environments, with extensive experience with high-growth situations, JV’s, acquisitions, divestitures and strategic alliances. Accomplishments in organizational restructuring, financial and strategic planning, process improvements and resource management to assist operational teams in achievement of organizational goals.
PROFESSIONAL EXPERIENCE
2008
Manufacturer of trailer supports and custom-designed metal fabrications.
CONSULTANT - Currently employed in a consulting engagement.
2007
Luxury motor coach converter. Common ownership with manufacturer of trailer supports and custom-designed metal fabrications (see below). Sold December 2007.
INTERIM PRESIDENT - CHIEF FINANCIAL OFFICER
Reported to the owner with full responsibility for financial and operational affairs.
Completed thorough financial and operational analysis to identify turnaround potential.
Established financial, operational and quality controls to shore up performance and reduce costs.
Developed financial plan designed to enable short-term profitability and long-term growth.
2006
Manufacturer of trailer supports and custom-designed metal fabrications.
CHIEF FINANCIAL OFFICER
Reported to the President and to the owner with responsibility for finance, accounting, information systems, treasury management and risk management.
Revamped accounting and financial reporting systems and implemented Lean Accounting principles.
Refined inventory overhead costing resulting in significant income tax savings.
Converted health care plan to self-funded to successfully reduce employee health care costs.
1984 - 2005
Designer and manufacturer of heating, ventilating and air conditioning systems for commercial vehicles.
2005
GENERAL MANAGER - PARTS
Reported to the President with responsibilities for the sales, marketing, and distribution operations of the service parts and aftermarket business.
Improved monthly average fill rate from 62% to 90+%. Decreased past due orders from 23% of open order amount to 5%.
Lead Business Development Council using resources within the parent organization to develop a marketing plan to grow Parts revenues.
1984 - 2004
CHIEF FINANCIAL OFFICER
Reported to the President/Owner with responsibility for Global Finance & Accounting, Global Treasury Management, Risk Management, Information Systems.
Member of Executive Management Team, including strategic planning team and compensation team.
With the Chief Operating Officer, successfully negotiated the acquisition of a major competitor with plants in Illinois and Wales. Negotiated financing of the acquisition through senior debt.
Redesigned the accounting and financial reporting systems to support an organizational shift from functional departments to integrated business units.
Lead in the establishment of the Company’s European manufacturing facility in England, including site evaluation, negotiation with British authorities, personnel interviews, initiation of banking and accounting relationships and selection and installation of data processing systems.
Assisted in the establishment of the Company’s manufacturing facility in China, including investigation of sites and establishment of banking and accounting relationships.
Participated in various teams formed to set up quality systems in conjunction with the Total Quality Management initiative, and with later involvement ISO 9001 and QS 9000.
1982 - 1983
CHARTERED ACCOUNTING FIRM, London, England
Two-year work exchange from a national public accounting firm (see below). Responsible for in-the-field supervision and review of systems audits and of annual financial statements audits, as well as special tax and insolvency assignments. Assignments included clients in the construction, timber, pharmaceutical, baking and other industries in both public and privately-owned companies.
1975 - 1981
NATIONAL PUBLIC ACCOUNTING FIRM, Rockford, Illinois
Employed from September 1975 to September 1981, until going to work for U.K. affiliate (see above). At time of transfer, was General Services Manager responsible for providing clients with the product and service that the firm arranged to furnish while guiding and training the professional staff. Prior to promotion to manager, was the senior in charge of audit field work on several of the largest audit clients in the firm's Rockford office. Assignments included manufacturers, motels, municipalities, wholesalers, banks and other types of clients. In addition, spent six months on the tax staff, gaining extensive knowledge of corporate and individual taxation.
1974 - 1975
NORTHERN ILLINOIS UNIVERSITY, DeKalb, Illinois
Employed as a graduate teaching assistant with full responsibilities for two sections of Elementary Accounting while pursuing an MBA degree.
EDUCATION
Masters of Business Administration, Northern Illinois University, 1975
Bachelor of Science in Accounting and Finance, Northern Illinois University, 1974
Certified Public Accountant, 1974
PROFESSIONAL ACTIVITIES
Financial Executives International. Posts include chapter Treasurer
Northern Illinois University Executive Club
Institute of Management Accountants. Posts include Director of Meetings
Illinois CPA Society
American Institute of Certified Public Accountants
Beta Alpha Psi - National Accounting Fraternity
Beta Gamma Sigma - Professional Business Fraternity |
