A results oriented, Fortune 500 executive with extensive experience in finance,
sales, marketing, operations, and business development. Designed, implemented, a nd championed strategies that improved management reporting, increased sales, re duced costs and enhanced internal controls. Demonstrated ability to manage vario us types of projects in challenging environments. Known as innovative, driven, h igh energy, enthusiastic, team player and one who delivers results.
Professional Experience
MV Transportation April 2008 VMay 2010
The largest privately held Passenger Company in the USA operating more than 7,00 0 vehicles with nearly 13,000 employees and $706 million in revenue in 2009. Corporate Controller Restated the 2007 financial statements and issued 2008 financial statements in August of 2009, hired professional staff to improved both internal and external reporting. Improved internal controls, implemented new insurances accounting process, incr eased internal controls and implemented a Purchase order system that resulted in the timely payment of invoices.
Central Parking Corporation November 2004 VMarch 2008
A public company that is the worlds largest parking services provider. The Compa ny operates over 3,300 parking facilities containing over 1.5 million spaces at locations in 38 states and 14 international locations. Vice President Chief Internal Auditor Started a professional Internal Audit Department, including developing a thre e year, risk based, audit plan, prepared the department budget, interviewed and hired staff, wrote the internal audit charter and implemented TeamMate Audit so ftware to have an efficient paper free audit process. In the first full year of Internal Audits operation, internal controls were imp roved which led to fraud identification and improved cash flow of $1.8 million d ollars. Hired consultants to document and test controls in the USA and UK. Discovered a breakdown of internal controls in the UK that led to a SOX materia l weakness and a recovery of over $2 million.
Advance Auto Parts 2002-2004
A fast growing public company with $3.5 billion of sales. A specialty retailer o f automotive parts, accessories and maintenance items to do-it-yourself customer s in the United States. The Company operates over 2,500 stores within the United States automotive aftermarket industry. Director Internal Auditing Started the first Advance Auto Parts Internal Audit Department, including devel oping a three year, risk based, audit plan, prepared the department budget, inte rviewed and hired all staff, wrote the internal audit charter and purchased Auto Audit software to have an efficient paper free audit process. In the first full year of Internal Audits operation, internal controls were imp roved that generated $.6 million of savings. Provided Independent assessment of processes to various business teams that le d to a reduction of shrink, improved inventory replenishment, improved cash flow , and increased commercial sales. Planned documented and tested financial controls that led to SOX compliance wit hout material deficiencies.
Goodyear Tire & Rubber Company 1972-2001
A $13.1 billion company that is involved in the development, manufacturing, dist ribution, and sales of tires and related products throughout the world. The comp any also manufactures and sells various engineered, rubber and chemical products , throughout most regions of the world. Director Auditing (Akron, Ohio - 1999- 2001) Provided financial expertise to a start up team that led to the establishment o f a Business to Business web based procurement company (RubberNetwork.com). Initiated a study to reduce the cost of internal audit worldwide resulting in a plan to save $2 million annually from an $8 million budget. Proposed to the CFO and Legal Counsel a plan to establish an annual budget focu sing on the strategic aspects of global trade and customs department with an $80 0 thousand budget. Implemented customs saving recommendations resulting in first year savings of o ver $1.2 million dollars in the approved customs department.
Vice President Finance & General Manager (Singapore - 1996-1999)
Instituted a new natural rubber buying and financing strategy resulting in a $1 0 million savings on natural rubber purchases. Initiated and negotiated the buy back of 75% of minority shares of a Goodyear s ubsidiary in Indonesia that produces natural rubber. Developed regional treasury management system in Asia for companies in India, T hailand, Malaysia, Singapore, Indonesia, Philippines, Australia, China, Japan, T aiwan and Korea. Achieved a $1 million annual savings by changing the Singapore system of sellin g and warehousing tires in a $14 million sales company. Staff reporting to me wa s reduced from 18 to 9. Manager of International Auditing (Akron, Ohio - 1994-1996) Improved audit quality by initiating a quality management system for 35 interna tional auditors stationed in 21 countries resulting in 10% more audits and impro ved management reporting. Initiated a worldwide training program to upgrade auditor skills. Implemented new recruitment requirements such that all auditors had a universit y education, with 100% of new outside hires with experience working for a major accounting firm, resulting in lower training costs and a new source of high pote ntial candidates for the finance division. Manager of North America Financial Information (Akron, Ohio - 1992-1994) Reorganized 20 personnel to report P & L and cash flow information by marketing department, resulting in a reduction of one layer of management and a 15% reduc tion in staff. Presented monthly financial information and analysis on the results of the $5 b illion tire division, to the North American tire executive committee. Implemented a global accounting system in all international subsidiaries of Goo dyear such that they all used a common chart of accounts and common allocation b ases to report financial information by class of business monthly for increased management visibility. This allowed for the merging of headquarters and cost acc ounting with staffing reductions.
Manger of Administrative Accounting (Akron, Ohio - 1989-1992)
Restructured operations and management of property accounting, project auditing , capital budgeting, R & D accounting, natural rubber accounting, pension and be nefits accounting, duty drawback and raw material accounting. Resulting in the r eduction of 20 of the 50 personnel. Implemented of a new on-line capital budget tracking and approval system for $4 00 million of capital budgets resulting in a 20% reduction in the time needed fo r approval of a capital budget. Accelerated duty drawback process that tripled duty drawback returns to $2 mill ion a year. Manager of Property Accounting and Budgets (Akron, Ohio - 1986-1989) Implemented the use of personal computers, e-mail training for staff of 25. Re designed work-in-process property system to automatically bill month-end balance s to international subsidiaries, resulting in staff reduction of 40%. Headed a team of 6 staff from various finance departments to perform an enterpr ise analysis of workflow in the parent company finance division with a staff of 700 leading to cut of 7% in personnel. Section Manager Corporate Accounting (Akron, Ohio - 1983-1986) Directed the gathering and consolidation of The Goodyear Tire & Rubber Company financial information for the 10K, 10Q, and annual report to shareholders. Implemented a management report system using SAS programming language that allo wed reporting of all financial information within one week instead of 3 weeks re ducing cycle time by 67%. Planned and implemented a pooling of interest that allowed the company to conso lidate the financial statements of Celeron Oil and Gas with Goodyear without boo king of goodwill. This was the largest acquisition in the Goodyears history. Section Manager of International Accounting (Akron, Ohio - 1980-1983) Supervised the consolidation of the financial results of 43 international subsi diaries with a staff of 6, these international subsidiaries represent 40% of Goo dyear sales. Planned and implemented a seamless transition to FASB #52 which increased profi ts by $50 million.
Prior positions at Goodyear:
Accountant Senior Accountant
Training Squad
Education / Certifications Kent State University 1987 Bachelor of Science (Accounting) CIA , CFE