OBJECTIVE:

• Experienced Controller / CFO / CAE seeking long - term, financial leadership role.

SUMMARY:

• Hands-on finance / accounting / audit executive with a 20+ year track-record of implementing profit-generating process and system improvements, a comprehensive understanding of financial accounting (US GAAP and IFRS), and proven tactical problem-solving and decision-making skills. Effective communicator, able to interact with all levels (Board to front-line). Excellent people and project management skills and demonstrated experience building / leading multi-disciplined teams. Expert in internal control / compliance, including Sarbanes-Oxley and other regulations.
• Broad industry experience, including businesses with global operations: (Energy) E&P, decommissioning, diving, fabrication, compression, transportation, trading; (Infrastructure) steel components (rebar, wire mesh, cable, bridge components), industrial plant construction (power & petro-chem), engineering services, shipbuilding; (High Tech) software, broadcasting, aircraft components, semiconductors, military communications; (Diversified Manufacturing) chemicals / fluids, pumps, industrial tools, drilling equipment, level / float controls, valves, compressors, casing.
• Expert with inventory accounting and control, including all costing methods, WIP, and E&O.
• Prevented $50,000,000 inventory write-down with white-paper analysis of LCM / NRV accounting and detailed analysis of plant manufacturing costs and pricing (US GAAP / IFRS).
• Prepared forensic analysis of inventory cost to reduce DOJ lawsuit settlement by $14,000,000.
• Implemented global cycle counting program and reduced inventory write-offs by $1,200,000.
• Expert in Shared Services organization management, including centralized AP, billing, AR, credit & collections, payroll, general accounting, fixed asset, treasury, and misc. programs.
• Saved $32,000,000 vs. Plan through smart force reductions, shared service reorganization, process automation, and system implementation; required extensive SG&A analysis.
• Expert in revenue recognition, including turn-key and percent-complete projects, special deliverables (EITF-0021), and special contractual provisions (hold-backs, right-of-return).
• Led 16 teams on revenue process re-engineering project that improved EBIT $25,000,000.

TECHNICAL SKILLS:

Skills: Certified Public Accountant (#77975) Internal Control Expert (SOX / COSO) Business Process Re - engineering / Design Government Contracting (FAR / CAS) IT Process Control (CoBIT) US GAAP / IFRS (IAS) Hyperion, HFM, Clarity / Others Oracle, PeopleSoft, JDE, Lawson, Great Plains, ASI, QAD, MAS90, MANMAN / Others ERP Systems Implementation / PMO Biligual (English, German, Spanish, others) Excel, Access, Projects, PowerPoint, Word.

PROFESSIONAL EXPERIENCE:

Confidential, The Woodlands / Conroe, TX

Controller

Responsibilities:

• Controller responsible for all financial, system, and operational controls for this start-up manufacturing division providing heat-treating, machining, and lab services.
• Designed and implemented full-absorption standard cost accounting.
• Developed all internal management reporting, including month-end financial reporting, forecasting, annual budgets, and order-level activity-based cost reporting.
• Implemented JDE ERP, including Manufacturing, Inventory, and Advanced Pricing modules.
• Successfully helped grow start-up business to achieve break-even and profit targets.
• Negotiated and managed tax abatement agreements with local taxing authorities.
• Partnered with Corporate CFO and Controller in global roll-out of manufacturing best-practices.
• Assisted CFO with variance ad hoc analysis and Board presentations.

Confidential, The Woodlands, TX,

Director

Responsibilities:

• Director providing C-level finance, accounting, audit, and consulting services for a broad range of public and private companies in various industries.
• Implemented global S&OP process for leading multi-national well-services company.
• Interim Corporate Controller for $500M public oilfield services company with large vacuum truck / frac tank fleet and well-servicing operations across Texas.
• Managed various high-level financial and operational projects, including Procure-to-Pay Process Re-engineering, SOX control optimization, capital expenditure policy implementation, etc.
• Managed major diesel fuel cost control project that implemented a best-in-class system and processes resulting in a 10% annual cost savings on $40M annual expenditure.
• Assisted in various due diligence projects.

Confidential, The Woodlands, TX

Chief Financial Officer, Vice President - Finance

Responsibilities:

• Executive Officer responsible for all finance, accounting, treasury, tax, information technology, procurement, and planning functions for a $30M/yr privately held, commercial diving and oilfield services organization with operations in Gulf of Mexico, Venezuela, and Singapore.
• Improved working capital by $4,000,000, reduced DSO to 45-days, pushed DPO to 60-days.
• Successfully argued tax position to reduce Federal Income Tax exposure by $150,000.
• Successfully completed post-closing activities, including Great Plains conversion, closing statement preparation, and initial purchase price accounting.
• Leverage intangible asset valuation to obtain additional $1,400,000 of sales price.
• Assisted in negotiation of more than $5,000,000 in debt forgiveness / vendor discounts.

Confidential, Houston, TX,

Group Controller / Treasurer

Responsibilities:

• Junior executive responsible for accounting, reporting, planning & analysis, budgeting, treasury, tax, insurance, financial controls, financial shared services, and various corporate programs for $700M+/yr group with 5 manufacturing divisions serving the construction sector.
• Prevented $15,000,000 Intangible Asset write-down with white-paper analysis and valuation.
• Saved $780,000 with implementation of P-Card program / realignment of AP department.
• Directed 20 staff; Managed financial shared services, including centralized payroll, treasury, AP, AR (billing and cash applications), and state / local tax.
• Group Liaison for Hyperion (HFM) global implementation.

Confidential, The Woodlands, TX

Division Financial Controller

Responsibilities:

• Responsible for managing / controlling financial accounting and treasury functions / processes for newly formed $400M+/yr manufacturing division with 12 business units worldwide.
• Successfully integrated $20,000,000 services unit resulting in 4% EBIT improvement.
• Developed tools and process to reconcile division’s $2,500,000 intercompany imbalance; adopted by Corporate to eliminate $200,000,000 imbalances in Crane’s worldwide organization.
• Led facilitation sessions and Kaizan teams to redesign closing process; developed KPI’s / visible metrics; reduced monthly closing / consolidation process to 1-day.
• Developed and implemented division-wide government contracting policies and procedures to comply with FAR / CAS contracting requirements; enabled $20,000,000 DoD sales channel.

Confidential, The Woodlands, TX

Director - Internal Audit

Responsibilities:

• Chief Audit Executive responsible for creating and directing all aspect of a new corporate internal audit function for $700M/yr global oilfield services and manufacturing company.
• Reduced compliance costs by $200,000 in first year through improved documentation, optimized controls, and increased reliance on application controls.
• Functional Team Lead for role-based security on JDE Enterprise v8.12 global conversion.
• Identified stock options accounting irregularity and implemented corrective actions to prevent $2,000,000 restatement in quarterly Net Income.
• Identified $2,500,000 Hurricane Insurance Receivable irregularity resulting in restatement.
• Directly managed all IT audits for two data centers and various applications JDE (World v8.0, E1 v8.9, E1 v8.12), Great Plains v7.5, OGSys, and UltiPro.

Confidential, Melbourne, FL

Senior Manager - Financial/Operational Audit

Responsibilities:

• Responsible for managing financial / operational internal audit department for a $2.5B/yr global high-tech manufacturing / software / government contracting (FAR) organization.
• Reduced compliance costs by $800,000 by developing “best-in-class” Sarbanes-Oxley 404 compliance plan utilizing in-house, web-based Self-Assessment tool and on-site audits.
• Strong knowledge of software R&D and sales accounting (US GAAP).
• Significant experience with high tech manufacturing operations (kanban, JIT, etc.)

Confidential, Houston, TX

Manager - Enterprise Risk Services

Responsibilities:

• Managed auditing and consulting services, including fraud investigations. Performed global risk assessments and developed risk-based audit plans. Managed Sarbanes-Oxley Section 302 and Section 404 compliance engagements.
• Designed and directed new internal audit function for a $1B/yr oilfield services / manufacturing client undergoing formal SEC investigations, lawsuits, and executive turnover.
• Identified major stock options fraud leading to successful recovery from former executives.

Confidential, Houston, TX

Experienced Senior Consultant

Responsibilities:

• Progressive experience building, supervising, and managing audit and consulting teams, including managing large, multi-disciplined domestic and international teams.
• Expert in risk-based audit methodologies, tools, and practices. Key leadership role in Corporate Governance team and in development of Project Risk Management consulting / audit methodologies. Instructor of Business Risk Management and Business Process Risk audit.
• Managed and performed consulting and audit services of various multi-national energy, manufacturing, oil field services clients (seismic, well services, oil tools, casing, pumps, sub-sea equipment, gas compression / transmission, pipelines, FPSO, etc.).
• Performed general IT system reviews of various systems and applications. Familiar with: Oracle, MAS90, JDE One World, MIPS, PeopleSoft, AS/400, etc.
• Performed due diligence reviews for acquisitions and mergers.
• Perform fraud investigations; experienced with hostile audit environments, special interviewing techniques, and working with legal counsels / private investigators.

Confidential, Houston, TX

Process Control Analyst

Responsibilities:

• Responsible for analyzing and auditing EDP processes and data interfaces between mainframe and DB2 platform used to capture, process, and report nomination, measurement, and billing information for three interstate gas pipeline companies.

Confidential, Houston, TX

Project Manager / Inside Sales

Responsibilities:

• Managed critical service ball valve manufacturing projects / sales for power and process customers. Prepared bids, coordinated EPC functions, JIT inventory management, manufacturing, shipping, and logistics. Broad exposure to engineering firm operations.