CONTROLLER * FINANCIAL REPORTING
SKILLS & CAPABILITIES
controller * cross-functional projects * external audit management * financial systems conversions * performance reporting * process transformation * public accounting * relationship management * Sarbanes-Oxley * SEC * software development * team management * treasury * US GAAP and IFRS
NOTABLE ACHIEVEMENTS
* Implemented account reconciliation standards for $5 billion in balances
* Implemented automated budgeting system which resulted in costs closer to
budget
* Reduced staff costs ten percent through aggressive recruitment and process
simplification
* Created system to report cash flow and capital by business unit for $20 billion
strategic performance unit, allowing division heads to increase return on
capital
* Accelerated production of international, $100 billion plus US GAAP financial
statements to avert millions in regulatory penalties by focusing on enterprise
risk
* Negotiated movement of outsourced accounting work from one service
provider to another to reduce overhead costs
* Directed software development for data capture, contract production, financial
reporting, and audit trail for $350 million dollar customer financing program
to enhance controls for Sarbanes-Oxley requirements
* Implemented bar-coding warehousing system to reduce shipping error rates
and costs
* Authored global retail accrual policy for international Strategic Performance
Unit to improve consistency of accounting treatment to satisfy Sarbanes-Oxley
requirements
EXPERIENCE
Controller:
Manufacturing sector for seven years, managed staff in A/P, A/R, payroll, budgets, IT, and controls for production of segmented financial statements for bank financing and special financing
Managed and improved budget process by creating a system and environment hat compelled ownership by operations and marketing
Controller for SAP software implementation. Project budget exceeded $150 million and involved 500 employees, consultants, and contractors. Created control, productivity, and reporting systems using existing business systems
Partnered with operations and marketing functions to model and identify financial impacts of changes in process and market environment
Managed reconciliation of billions of dollars of accounts for customer financing, payables, accruals, cash, and fixed assets
Member of steering committee to verify $300 million in fixed assets
Documented and improved controls to comply with Sarbanes-Oxley for $350 million dollar customer financing program, cash applications, and customer master maintenance
Determined cost accounting application rates for overhead, labor, machine hours, and raw material
Finance:
Led committee in $15 billion business unit to evaluate and approve capital projects and budgets to improve return on investment
Provided financial control oversight for multi-million dollar divestment proposals and major capital projects to optimize proceeds
Managed line of credit and compliance with bank covenants
Daily cash management including negotiation with vendors
Provide financial reporting input on international financing transactions to ensure proper tax treatment
US GAAP/SEC and IFRS Reporting:
Manage team to produce multiple SEC-compliant, quarterly, consolidated, audited financial statements for 450 reporting units, revenues exceeding $100 billion and assets over $150 billion
Managed external audit and reduced fees by $500,000
Set accounting policy for US Arm of multi-national company with operations on four continents and presence in fifty countries
Ensure completion of financial filings with state and federal environmental protection agencies
Negotiated extended filing deadline with state EPA to avoid thousands of dollars in penalties
Partner with tax department to optimize cash flow
Management Information Reporting:
Reported actual and budgeted capital and cash flow for BP US Marketing businesses ($20 billion in sales)
Reported full balance sheet, cash flow, and P&L for US Region Refining and Marketing segment activities
Information Systems:
Designed and directed development and implementation of custom system to track, produce contracts, and control $350 million customer financing program
Created step-change in risk management and analysis of financial statements with over 450 reporting units and 30,000 balances
Created inventory management system for industrial stock inventory to reduce costs and improve customer service
Managed IT department
Coordinated conversion of Atlantic Richfield Corporation financial reporting systems (acquired by BP in 2000) to BP’s system
Relationship Management
Managed day-to-day working relationship between sales, performance, and accounting personnel with outsourced service provider with offices in Houston and India
EMPLOYMENT HISTORY
BP America, Inc., US arm of BP Plc., an international energy firm Warrenville, IL
· US Corporate, Manager of US Reporting/Team Leader 2005 to present
· US Fuels Business Unit, Financial Manager/Team Leader 2002 to 2005
· US Region Refining & Marketing, Project Controller 2001 to 2002
· US Region Refining & Marketing, Senior Financial Analyst 2000 to 2002
Jefferson Wells International, national professional services firm Cleveland, Ohio
· US Refining and Marketing, Consolidation Analyst, BP 1998 to 2000
Creativity for Kids, an assembler of children’s activity kits Cleveland, Ohio
· Assistant Controller, IT Manager 1994 to 1998
Cast Nylons Limited, a manufacturer of cast nylon stock shapes Willoughby, Ohio
· Accounting Manager/Controller 1991 to 1994
Self-employed, computer consulting, programming, training Cleveland, Ohio
· Owner 1990 to 1991
Coopers & Lybrand, Certified Public Accountants Cleveland, Ohio
·Audit staff 1989-1990
SOFTWARE
· SAP * Microsoft Excel * Microsoft Access * SQL * Oracle * Hyperion * SAP Enterprise Consolidation & Control System (ECCS)* PC RECON * Other ERP systems
EDUCATION
· DePaul University, Chicago, IL
Masters of Business Administration, Economics
· John Carroll University, University Heights, Ohio
B.S.B.A., Major in Accounting
CERTIFICATIONS
· Certified Public Accountant (CPA)
· Certified Management Accountant (CMA)
· Certified in Financial Management (CFM) |
