MICHAEL E. AVERY, CPA, MBA
*** *. ********* **. *******, KS 67002
PHONE (C) 949-***-**** (W) 316-***-**** E-MAIL: abg6b5@r.postjobfree.com
SUMMARY
Senior Finance and Operations professional with 18 years experience in a
$15 billion consumer packaged goods company, $3 billion private equity
owned, business aviation company and various audit roles. Held numerous
advancing roles providing a breadth of experience in finance and operations
including financial planning and analysis, financial controlling, full
divisional P&L management, supply chain management, auditing, cost
accounting, and systems implementations.
PROFESSIONAL EXPERIENCE
HAWKER BEECHCRAFT CORPORATION, Wichita, KS
Hawker Beechcraft Corporation is a world-leading manufacturer of business,
special mission and trainer aircraft - designing, marketing and supporting
aviation products and services for businesses, governments and individuals
worldwide.
Senior Finance Manager - Global Customer Support (05/2010 - Present)
Financial head of $320M Aftermarket Parts and Distribution business and
four company owned service centers with $80M sales. Responsibilities
include oversight of financial planning and analysis, full P&L ownership
including cash flow, and sales/supply chain support. Manager 6 direct
reports including 4 service center site controllers.
. Drove 30% sales increase and 20% op profit increase in 2010 over 2009
in a nearly flat market. Overdrove 2010 cash flow commitment by 10%.
. Created Revenue Management team to drive increased revenues through
more strategic pricing, better inventory management and better
customer segmentation.
. Identified nearly $3M savings opportunities within first 12 months.
SCHWARZKOPF & HENKEL (Division of Henkel AG and Co. KGaA), Irvine, CA
09/2005 - 05/2010
Schwarzkopf & Henkel, formerly Schwarzkopf & DEP, products are sold in more
than 100 countries. Schwarzkopf & Henkel is a subsidiary of a $15B
conglomerate, a German consumer products and industrial adhesives maker
Henkel AG and Co. KGaA.
Director of Finance and Supply Chain Services (03/2007 - 05/2010)
Senior divisional head of financial controlling and supply chain services
of Henkel's North American retail hair products division, reporting to
divisional VP / General Manager. Responsible for financial controlling,
sales finance, marketing finance, customer service, planning, inventory
control, logistics and office services. Manage 7 direct reports and total
staff of 30.
. Decreased CNWC 13%pts of Net Sales and inventories 40% from 2006 to
2009.
. Decreased Transportation and Warehousing Costs by 22% from 2006-2009.
. Led strategic analysis of integrating divisions stand alone supply
chain (customer service, production planning, inventory control, and
logistics) into sister divisions supply chain resulting in $4.2
million projected savings. Integration went live January 1, 2010.
. Negotiated and Closed divestment of four significantly declining
brands at maximum expected price.
Director of Finance (09/2005 - 03/2007)
Divisional CFO responsible for financial controlling, FP&A, budgeting and
forecasting, sales financial services, and marketing financial services.
Provided direct financial support to VP of Sales and VP of Marketing,
including customer profitability analysis, customer and product mix
analysis, new product cost and P&L modeling, and recommendations for
profitability improvement measures.
. Improved divisional financial reporting including implementation of
new customer profitability analysis.
. Doubled profit margin of a struggling low margin brand.
THE DIAL CORPORATION (Division of Henkel AG and Co. KGaA), Scottsdale, AZ
09/1997 - 08/2005
The Dial Corporation, a subsidiary of the Henkel Group/Germany, is
headquartered in Scottsdale, Ariz., and is one of America's leading
manufacturers of consumer products, including Dial soaps, Purex laundry
detergents, and Renuzit air fresheners. Dial products have been in the
American marketplace for more than 100 years.
SAP Implementation Team Lead - Business Warehouse (09/2004 - 08/2005)
Led the business implementation of the SAP Business Warehouse providing all
financial and operational SAP reporting.
Managed a team of 10 consultants responsible for delivering nearly 150
custom reports.
Responsible for developing and implementing Dial's annual planning strategy
and incorporating it into Henkel's worldwide budget process, utilizing
SAP's Business Planning Simulation tool (SEM-BPS) for generating the annual
budget at a SKU level.
Business Unit Finance Manager - Air Fresheners (09/2003 - 09/2004)
Senior manager responsible for full financial support of the Senior VP/GM
of the Air Fresheners division. Provide full P&L reporting and variance
analysis, product profitability analysis, new product financial analysis
and annual operating budget.
Improved consistency and accurateness of product P&Ls ensuring financial
reporting for decision making.
Led financial modeling, budget tracking and launch analysis of a $50
million new product launch.
Finance Manager - Contract Manufacturing (05/2001 - 09/2003)
Managed cost accounting, financial control, variance analysis and budgeting
of 30 contract manufacturers.
Re-engineered department to provide better, more timely reporting on
contract manufacturing spending and variances.
Finance Manager - Product Supply (09/1998 - 05/2001)
Managed monthly, quarterly and annual corporate financial reporting and
budgeting for five manufacturing plants with nearly $500 million in costs.
Consolidated all plant reporting and met monthly with the Senior Vice
President of Manufacturing to explain manufacturing variances.
Developed new price/volume/mix variance analysis reporting allowing senior
management to better understand the drivers of cost of goods variances.
Successfully led development and implementation of Budget module of new
Oracle based cost accounting system.
Internal Auditor (09/1997 - 09/1998)
Led financial and operational audits of manufacturing, warehouse and
distribution, trade spending, and contract compliance.
Hand selected by Assistant Controller of Product Supply to join the Product
Supply Finance Team after performing a requested review of the company's
various cost accounting systems. Provided analysis and recommendations
that led to implementation of new Oracle based single solution costing
system.
AUDIT EXPERIENCE 06/ 1992 - 09/1997
CITY OF PHOENIX, Phoenix, AZ
Internal Auditor I, II & III (09/1994 - 09/1997)
Senior auditor in the City Auditor Departments Performance and Productivity
Division. Focused on recommending and assessing performance metrics for
various city departments as well as ensuring city services were competitive
to privately provided services.
Rapidly advanced to senior auditor and selected by City Auditor to lead
establishment of the annual audit plan.
ARIZONA AUDITOR GENERAL, Phoenix, AZ
Auditor I & II - (06/1992 - 09/1994)
Planned and supervised audit engagements of state and local agencies
involving financial statement audits and government program audits.
Developed audit programs for complex, governmental programs to ensure
adequate controls and monitoring of spending and performance.
EDUCATION
ARIZONA STATE UNIVERSITY
Master of Business Administration, GPA: 4.0
2002
Bachelor of Science, Accountancy, GPA 3.75
1992
Certified Public Accountant