2008 to Present Financial Consultant
Consulting assignment to oversee the finance department of various projects. Develop and establish accounting processes, month-end close process, financial reporting, board presentations, strategic and business analysis, bank relationship and reporting, cash financing and forecasting.
2006 to 2008 Vice President Finance
Lead a large and diverse group of Finance, Accounting and Travel Operations team of 56 people including Directors, Accountants, Financial Analysts, Systems Analysts, AR/AP clerks, Credit/Collections and Travel Group.
Improved Cash Flow by $2M by implementing new payment policies, new purchasing process and by using alternative methods of payment including credit cards, ACH and EDI.
Reduced interest expense in borrowings by $1M + annually by improving cash management and credits/collections process as well as improving the company’s credit rating.
Restructured the finance group for optimal use of personnel, systems and processes and generated overhead savings of $500K annually.
Successfully led the implementation of the company’s core financial system to Oracle 11.10.2 for all modules.
2005 to 2006 Director Financial Planning and Analysis – Americas
Gained corporate finance management experience by leading the corporate financial planning and analysis team as well as gained P&L accountability experience by managing and directing all overhead corporate costs.
Manage the monthly, quarterly reporting, forecasting and the annual budgeting process for the Freight Management. Americas Group (includes US, Canada and Latin America).
Established metrics and Key Performance Indicators (KPI’s) to measure operational and financial performance as well assessing the risks/sensitivities.
Publish and present the monthly financials, trading/performance reviews and commentaries of the overall Freight Management Americas Group.
Interact and work with Executive Management and cross-functional VP to provide interpretative, insightful analysis, help maintain strong financial controls and assist in the achievement of the organizational goals.
2000 to 2005 Sr. Financial Planning and Analysis Manager
Entrusted with full financial management of the $2Billion + Equipment Supply Chain costs.
Manage the financial planning and analysis team supporting the Supply Chain Group.
Work with cross-functional partners and VP’s (marketing, supply chain, accounting, and finance) to fully understand the cost relationships and impacts of total supply chain operations.
Review, plan, forecast, maintain cost containment targets and identify opportunities for improvement/efficiencies for over $60M in annual 3PL fulfillment charges and $100M+ CESC Equipment Margin. Monthly reviews of CESC financials has recovered on average $1M – $5M in annual savings.
Work with Controller’s Group to establish accounting processes related to inventory management and accounting of all distribution related costs (COGS) for the “end to end” equipment process.
Perform financial presentations and ad hoc reviews as needed with Senior Management regarding CESC.
1998 to 2000 Manager, Strategic and Financial Planning
Gained considerable knowledge in corporate strategy and new venture investments and business development
Developed the planning process and start-up business plans for the new customized wireless solutions group
Instrumental in defining a project management structure for the customization and implementation of the wireless solution packages for new customers.
Developed and implemented a process to identify customers and partners that would be beneficial for near-term revenue projections, future growth and strategic market and economic presence.
Defined and created pricing, costing and planning models to help the Sales and Implementation groups in managing and measuring the value of their projects and account profitability.
1997-1998 Business Manager
Managed the Sales financials for the Central Division Sales Team
Develop, implement, forecast and track the $29 million division trade budget.
Analyze gross sales of over $200 million for profitability, deal integrity and volume impact via price-points and other promotions.
Supervise the Division's credit/deductions/accounts receivable department.
Implemented a tracking system to monitor the deductions balance for the division's 5 geographic regions and 45 territories.
Control, develop and create the Central Division's yearly departmental and management budgets.
Developed a monthly reporting process to present Corporate an account of the division's sales, profit, volume, and promotions.
Advice the Controllers group regarding the monthly close numbers for the Central Division.
1996 to 1997 Senior Financial Analyst
Corporate Financial analysts entrusted with budgeting, restructuring and financial analysis of corporate projects as necessary.
Developed the budget model and controlled the budgeting process for the holding company and its subsidiaries.
Analyzed, monitored and summarized the performance of the holding company, subsidiaries and competitors.
Developed a model to manage, monitor and evaluate the company's stock options and the dollar impact of the options on future profitability.
Assigned to control, direct and oversee all financial/accounting functions and accounting staff of the Health Care Division.
Implemented the restructuring and reorganization of various subsidiaries of the Health Care Division.
Performed special ad-hoc projects and analysis for the CEO and Executive Management.
1993 to 1996 Senior Accountant
Responsible for all Financial/Accounting activities including supervision of all project accounting staff for downtown high-rise real-estate projects.
Supervised all financial reporting (monthly, quarterly and yearly) for the projects including 3rd party reporting.
Controlled all budgeting, planning and accounting for the projects.
Responsible for meeting all lender and governmental requirements on the reporting and presentation of financial and management reports.
Researched the State of Texas Sales Tax Code and recovered $800,000 of tax liability.
Assigned to be the advisor/consultant for all Sales Tax questions and issues for the Dallas office.
University of Texas at Arlington, Arlington, Texas
MBA, International Finance
University of Texas at Arlington, Arlington, Texas