VICE PRESIDENT FINANCE TRANSFORMATION

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Position
VICE PRESIDENT FINANCE TRANSFORMATION
Location Confidential
Yes
Willing to Relocate
Yes
Industry
Automotive-(Vehicles&Parts)-AlsoHeavyEquipment
Function
FINANCE--CFO/Control/Acctg./Treas./Tax,etc.
Compensation
$200,000 to $400,000

Resume Summary
I helped transform the Finance function of a Fortune 500 manufacturer, building new global capability to support growth from $5 billion to $23 billion, contibuting to strategy, governance and operations, including legal, statutory accounting and tax compliance.

Resume Body      VICE PRESIDENT FINANCE TRANSFORMATION

CAREER SUMMARY

Finance executive focused on leading and transforming finance organizations that support a multinational manufacturing company and an expert in shared services start up and operation. Comfortable in multi-cultural business environments having lived and worked in the UK, Netherlands and the U.S. Experienced in managing enterprise wide change projects including divestiture and acquisition integration activities, global and international system deployments as well as US GAAP and country statutory, legal and tax requirements. Managed relationships with banks, auditors, consultants, and legal advisors. Demonstrated ability to lead across different cultures, servicing EMEA and Asia Pacific businesses up to $7 billion in revenues and 400 finance professionals. Qualified Chartered Accountant focused on general management and international business.


PROFESSIONAL EXPERIENCE

US CORPORATION

US$23 billion Fortune 500 premier diversified industrial manufacturer with global leadership in electrical, hydraulic, and mechanical power management solutions.

2013 - Vice President, Finance Transformation Cleveland, Ohio, USA
Current
Leadership across corporate and business finance function with responsibility for a 3 year $64M global finance transformation program implementing a new accounting system (Oracle 12.2.4), consisting of operations in 63 countries, on-shore and off-shore staffing of 400 (including partners) with approximate sales of US$ 15 billion.

" Build enterprise-wide accounting system leveraging a common Oracle Financials platform to integrate 32 business ERPs using 134 interfaces across more than 200 manufacturing sites.
" Re-engineer and standardize transaction accounting processes, resolving existing business problems and ensuring solutions dove-tail with other functions, systems and projects.
" Build 500 system customizations to ensure statutory, legal and tax requirements met.
" Build Global Shared Service Centre (SSC) strategy and organization to unify regional centers under a common global structure and service delivery platform.
" Lead all financial aspects of the program - monthly financials, forecasts, annual budget, project capitalization and negotiate with partners (RFQ, Bidders Conference and RFP).
" Prepare Capital Appropriation Requests and Board of Directors materials for the CFO.
" Lead change management and communication, including monthly updates to the CFO and other senior executive leadership and weekly updates to a global stakeholder audience.

2010 - 2012 Vice President,  Accounting Operations EMEA Glasgow, Scotland

Promoted to a newly created regional position with responsibility for an additional 120 staff. Tasked with integrating disparate finance teams, increasing utilization of shared service and Oracle platforms and building organizational capability. Region consists of operations in over 40 countries with US$ 4B in sales across electrical, hydraulics, vehicle, and aerospace businesses.

" Deployed finance transformation program to standardize and centralize processes across countries and businesses, simplify financial structures, and reduce finance costs.
" Accelerated migration of plant accounting activities into SSCs, leveraging capabilities in India to create capacity for increased activity in EMEA. Eliminated 35 positions yielding an annual savings of US$ 1.7 million.
" Improved relationships between shared services and the businesses through clearly defined roles and responsibilities and increased focus on delivery performance metrics.
" Increased commercial efficiency in eight countries through 68% reduction in legal entities.
" Reorganized country controller structure to drive greater focus on emerging market growth, financial control, risk management, and continuous improvement.

Retained responsibility for the EMEA and Asia Pacific SSC organizations (approx. 100 staff UK, 150 staff India and 50 staff China). In total servicing in excess of 400 general ledgers and approximately 150 business entities (manufacturing operations and sales offices) and continuing to integrate acquired businesses on to our common financial platform and processes.

2008 - 2010 Vice President  Shared Services International Glasgow, Scotland

Promoted to newly created international position, tasked with addressing SSC underperformance in India and establishing a new SSC in China to utilize shared services and Oracle platforms. Combined sales across EMEA and Asia Pacific were US$ 7B operating in excess of 50 countries.

" Reorganized finance processes in India SSC. Process and compliance gaps were systematically remediated and standardized across EMEA and India SSCs. Processes were value stream mapped and performance measures deployed. Local India leader replaced.
" Established a new China SSC in Suzhou, deployed standardized processes and trained staff.

2003 - 2008 Director  European Shared Services Centre Glasgow, Scotland

Promoted to Director in 2003. Reorganized SSC to support productivity culture and infuse with customer focused teams servicing an EMEA business growing from $1.5B to $3B.

" Reduced charges to customers by 67% from 1999 to 2009.
" Driving operational excellence. The success of the organization was recognized through:
o Business Excellence Premier Award 2005 & 2008
o Special Recognition for Continuous Improvement Award 2005
o Britains Top Employer 2005 & 2007
o IQPC  Shared Services Employer of the Year 2006
o IQPC  Most Advanced Automation of a Shared Services Organization 2005 & 2006
" Support expansion of shared service footprint:
o Supported preparation of business case for South American SSC (2004).
o Led proposal to establish an Indian SSC (2005)
" Sarbanes Oxley compliance.

1999 - 2003 European Shared Services Centre Finance Leader Glasgow, Scotland

Promoted to leadership of organization in 2000 (served as acting leader in 1999). 120 Finance, IT and HR staff, supporting an EMEA business growing from $500M to $1.5B.

" Led business acquisition integration on a common financial platform with standard processes.
" Built acquisition integration capability and reduced IT staffing from 40 to 24.
" Converted to EURO currency from deutschmarks, francs, lira, guilders etc. in 2002.
" Accelerated productivity through lean administration/six sigma.
" Deployed the Business Excellence criteria (certified compliant in 2001).
" Established systematic measurement and billing systems to reduce customer charges.
" Developed a strategy for the EMEA SSC organization.


1997 - 1999 ESSC Customer Process Leader/Information Process Leader Glasgow, Scotland

Managed USGAAP General Ledger, Fixed Assets and Accounts Receivable transaction processing, month end and statutory close processing, performing 2 roles concurrently with 40 staff. Responsible for migrating 30 European manufacturing plants with sales of $500M from their legacy financial systems to a new standardized finance platform (Oracle Financials 10.6) in 30 months prior to Year 2000 to avoid forecast upgrade costs of $20M.

SEAGATE TECHNOLOGY

Seagate Technology is a data storage manufacturer with annual sales of USD 13.7 billion (2014). Seagate (STX) is a NASDAQ-100 company incorporated in Dublin, Ireland and headquartered in Cupertino, California.

1992 - 1997 Finance Manager (Controller) Amsterdam & Irvine

Managed accounting function (11 staff) of a disk drive manufacturer, distribution centre, service centre and sales offices with $2.4B annual sales. Responsible for USGAAP (UK, Cayman Islands, US Inc., France, Germany and China legal entities) and statutory accounting, tax, treasury, budgeting/forecasting, management reporting, import/export and company secretarial.

Reduced month close process from 7 days to 1.5 days and prepared Corporation for the advent of the Single European Market in 1992. Relocated to Amsterdam in 1996 in a promoted position.

PRICE WATERHOUSE COOPERS (PWC)

PwC is a multinational professional network of 195,400 employees providing assurance, tax and advisory services with annual revenues of USD 34.0 billion (2014). PwC is a privately owned organization.

1987 - 1992 Assistant Audit Manager Glasgow, Scotland

Joined as trainee auditor/accountant working on industrial, electronics, spirits (whisky) and public sector clients. Promoted each year in top 20% of performers. Detected insider trading and transactions recorded outside of financial statements in a public limited company. Performed a number of special assignments e.g. Management Consultancy, Interim Financial Director. Offered positions by Price Waterhouse in Tax, Consultancy and Corporate Reconstruction organizations.

EDUCATION & CERTIFICATION

1987 - 1990 PRICE WATERHOUSE Glasgow, UK
INSTITUTE OF CHARTERED ACCOUNTANTS OF SCOTLAND
Chartered Accountant professional qualification (active)

1984 - 1987 UNIVERSITY OF GLASGOW Glasgow, UK
Bachelor of Accountancy (1987)

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