Kongsberg Automotive, Suffield, CT 2018 2019
Director Finance
Senior Finance Executive of 2nd most profitable business unit of a ¬1B publicly traded company. Full P&L, forecasting, and audit responsibility.
" Directly responsible for all financial activity for manufacturing facilities in the United States, UK, Mexico, Spain, Poland, China, Brazil and India
" Turned around new Mexican plant from losing $350K per month to earning $150K per month
" Reduced overdue receivables in the US from over $1.8M to less than $175K
SDL Consulting, LLC, West Simsbury, CT 2016 2018
Principal
Provided operational and financial strategy, internal controls and business process efficiencies to business of all sizes
" For $3M PE Portfolio Manufacturing Company, completed overhaul of ERP system, instituted metrics for cost reduction, margin improvement and SOX reporting, capital investment analysis and assessment of management team
" For $100M division of $2B publicly traded company, restructured global distribution network, resulting in 25% cost reduction
" For $300M PE Portfolio Consumer Goods Company, reengineered Procure to Pay and Order to Cash processes, improving cash flow predictability and DSO by more than 6 days
SIG Sauer, Inc., Newington, NH 2015 - 2016
Corporate Controller
Partnered with the Senior VP Operations, Director of Supply Chain, and VP of Sales to formulate cohesive integrated forecasting package
" Analyzed Bill of Materials (BOMs) for cost reduction opportunities making recommendations to CEO in support of bid support and profitability objectives
" Working with supply chain, reviewed alternate suppliers, renegotiated terms & conditions and improved delivery schedule
" Documented and instituted policies and procedures creating a Sarbanes-SOX 404 operational risk environment replacing limited control environment
" Improved A/P policies and procedures improving both supplier satisfaction and cash flow predictability
W.R. Grace & Company, Columbia, MD 2014
Director Finance
Complete financial oversight for over $1.5B of direct material and $700M of indirect material purchases
" Proposed and instituted new efficiency metrics bringing stronger alignment between procurement forecasts & business objectives
" Coordinated biweekly commodity reporting package and index tracking for CEO, COO and CFO
" Established financial, productivity and operational risk control objectives for commodity teams resulting in tangible margin improvements for business P&Ls
Coherent, Inc., Bloomfield, CT 2013 - 2014
Division Controller
Successful business partner & controller for autonomous $100M+ division of a $900M company
" Responsibility for full P&L ownership and controls for Connecticut-based operations with contract manufacturing sites in the United States, China and Thailand
" Improved gross margin percentages by developing and implementing monthly metrics across product lines
" Developed a strategy to offer accelerated financial monitoring and insight to senior leadership team which resulted in more proactive decision-making by implementing a new monthly reporting standards
United Technologies Corporation 2001 2013
Controller, Strategic Sourcing and International Operations (2008 2013)
PRATT & WHITNEY, EAST HARTFORD, CT
P&L oversight for 6 international operations including closing, reporting, analysis, forecasting and planning. Controller for global organization working in tandem with the VP of Strategic Sourcing responsible for moving 40% of $1.6 Billion product spending to low cost and strategic locations. Established and became the Chief Financial Officer of wholly owned shared services subsidiary in Bangalore, India; directed the creation of controls environment, issuance of stock, and managed all audit and banking relationships.
" Responsible for all financial activities of group including establishing viable business cases, managing operating budgets, tracking performance metrics, negotiation with suppliers and establishing foreign offices
" Financial over site of 86% owned manufacturing Joint Venture based in South Central China which moved from a double-digit loss position to break even in one year, including inventory controls, BOMs, capital investments, and transfer pricing analysis
" Implemented SAP Financial in an overseas facility
" Achieved an average of 22% cost reduction for transitioned products
" Improved approval cycle of complex business cases from 6+ months to less than 45 days
" Improved internal feedback from 4.2 to 6.1 on a 7-point scale
Senior Manager, Operations Strategy and Analysis (2005 2008)
HAMILTON SUNDSTRAND, WINDSOR LOCKS, CT
" Engineered strategy that removed over $280M from cost structure by balancing production among ~20 manufacturing locations in partnership with the COO
" Analyzed existing domestic and international in-house manufacturing cost structures, creating financial models and developed strategies to decrease footprint, increase manufacturing output and integrate recent acquisitions
" Spearheaded study reviewing companys R&D claiming practices for tax purposes for years 2000 2006 in collaboration with the SVP for Engineering resulting in an incremental Federal tax refund in excess of $50M
" Developed outsourcing plan for over 1,200 engineering FTEs to low cost locations, both domestically and abroad, reducing annual R&D spending by $70M
Manager, Financial Analysis
OTIS ELEVATOR WORLD HEADQUARTERS, FARMINGTON, CT (2001 2005)
" Key finance go to person for CEO and CFO
" Established a predictive indicator scorecard that enabled proactive management of key financial metrics by CEO and CFO allow for proactive management decisions that optimized earnings
" Developed a financial model used for evaluating strike scenarios. Model was successfully used by Korean Senior Executive team to avert a potential strike, allowing for a favorable settlement
" Reviewed all Capital, Lease and Real Estate investments requiring world headquarters approval, briefing the senior executive team and recommending their approval on each transaction
Dell Computer Corporation, Austin, TX 1999 2001
Controller, Relationship Employee Purchase Programs (2000 2001)
" Full P&L responsibility for new sales initiative
" Grew sales from $10M to $200M in less than a year making it the companys fastest growing sales segment
" Created weekly and monthly reporting packages facilitating rapid identification of areas at risk
Manager, World Wide Procurement Finance (1999 2000)
" Investigated and directed the analysis for re-engineering the notebook value chain, saving $120M/year
" Devised and implemented a cross functional/closed loop cost management and margin improvement process for suppliers to facilitate more accurate pricing, resulting in better product margins
" Directly negotiated significant cost reductions with key supplier executive management team to lower Dells acquisition cost on the Inspiron and Latitude product lines
" Financial control and over-site for all product purchases related to notebook computers (~$3B per year)
IBM, Research Triangle Park, NC 1989 1999
Multiple financial leadership positions of increasing responsibility
" Successfully led 12 analysts forecasting and analyzing the worldwide development expense portfolio for IBMs entire Personal Computer product line
" Developed financial model for industry leading channel fulfillment strategy that significantly increased inventory turnover, reduced inventory, and improved cash flow for IBM and its Business Partners
" Favorably negotiated terms and conditions of new program with top 11 channel partners in US
" Designed and implemented pricing strategy to enter emerging consumer notebook computer market
" Coordinated all financial aspects of highly acclaimed ThinkPad product line business case
" Managed capital investments ensuring achievement of target financial return objectives
" Analyzed staffing trends & implemented strategy for maximum work force flexibility saving of $30M per year
Education
MBA, Finance & Strategy/International Business, New York University, The Stern School of Business
BS, Finance & Business Administration, University of Maryland
Financial Applications and Software
SAP ERP
Oracle Financials
Hyperion
ProfitKey
CloudSuite (Infor - SyteLine)
Smartview
Microsoft Office (advanced Excel skills)
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