KURT W. ELTZ, CPA, MBA

***** ******** **., ****** ******, CA 92677 • Tel. 949-***-**** • accegw@r.postjobfree.com

Senior Finance Executive with extensive international experience managing Fortune 500, private equity-, and

venture capital-backed companies. Expand margins, scale companies, and mitigate risk through financial

planning, business analysis, mergers and acquisitions, capital raising, and process improvement.

PROFESSIONAL EXPERIENCE

UST GLOBAL, Global Controller, Aliso Viejo, CA 2007 – 2013

Global Information Technology and Business Process Outsourcing (BPO mortgage processing) company, with

over 11,000 employees, providing IT services to Global 1000 companies and public sector clients. Operations

spanned 16 countries across North America, Europe, Asia, and Latin America.

Developed, coached, and mentored a large, international finance and accounting team (primarily located in

India), and scaled financial systems designed to take a $100 million company to over $1 billion in revenue.

Corporate Finance

• Budgeting and Financial Planning: Increased profit margins by 3% through transparency, focused

execution, and accountability. Actions taken:

1. Derived company’s matrix reporting structure, project accounting system, and profit lever metrics.

2. Implemented ERP, budgeting, CRM, and business intelligence software. Drove multi-level budgets.

3. Gained financial and operational transparency through weekly KPI dashboards and scorecards.

• Capital Raising: Secured $80 million bank financing for expansion and working capital needs.

• Treasury Management: Managed international cash and credit ratings through periods of severe cash

austerity. Managed banking relationships and debt covenants. Oversaw foreign exchange hedging.

M&A / New Business

• M&A: Conducted identification, due diligence, and valuation of acquisition targets.

• Business Modeling: Performed deal shaping and new business modeling, including a joint venture with a

Fortune 50 company to offer a SaaS/IaaS software targeting the healthcare insurance industry.

• Public Sector: Paved the way for the company to enter US public sector sales. Brought in top public

sector advisors and sales personnel. Implemented CAS/FAR compliance, to DCAA standards.

Accounting & Compliance

• Financial Reporting: Reduced the monthly close time by 60%. Derived stakeholder reporting packages.

• Tax Planning: Restructured global entities to achieve a tax-efficient structure. Set up Bermuda

parent/holding company. Designed transfer pricing arrangements.

• IPO Readiness / Governance, Risk, and Compliance: Implemented Sarbanes-Oxley (SOX), internal audit,

and SAS 70/SOC 1 reporting. Oversaw stock option accounting and administration.

Information Systems

• Selected, implemented, and integrated the following IT systems: • PeopleSoft Financials & HCM

• SAP-SuccessFactors HCM • SAP-Travel • Salesforce.com (CRM) • Kronos (timekeeping)

• Cognos (budgeting, business intelligence [BI]) • RSA Archer eGRC (SOX 404, internal audit)

Board of Directors

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• Global Compliance: Ensured all global entities held board meetings and executed secretarial duties.

• Treasurer: Served as Treasurer of US entity.

MERCER HR SERVICES (A MARSH & McLENNAN CO.)

US Financial Controller, Norwood, MA/Deerfield, IL 2005 - 2006

Directed the financial reporting, planning, and accounting functions for this $250 million (revenue) defined

benefit plan administrator and Business Process Outsourcing (BPO) segment of Mercer. Conducted regular

financial reviews with company executives and operations managers. Oversaw 18 team members. The team

was responsible for budgeting, accounting, analysis, tax, operations audits (SAS 70), and internal controls.

ACCENTURE

North American Financial Controller, ACCENTURE HR SERVICES, Chicago, IL 2003 – 2005

Senior Financial Analyst, SOFTWARE PRODUCTS, Northbrook, IL (Sold to PeopleSoft) 1995 - 1996

Directed the financial reporting, planning and accounting functions for this $180 million Business Process

Outsourcing (BPO) segment of Accenture. Oversaw six team members and service center personnel.

• Managed the successful Sarbanes-Oxley 404 (SOX) implementation initiative.

• Managed the introduction of government contract accounting standards. Compliance allowed for proper

FAR/CAS disclosures to the DCAA and facilitated additional, multi-million dollar, public sector sales.

• Instituted changes in the company's benefits structure that produced first-year savings of over $1.2 million.

ADECCO/SPRING GROUP USA, Controller, Chicago, IL (US business discontinued) 2001 - 2003

Reported financial and operating results for the US operation of this major UK-based IT staffing and software

(BPO) company. Managed all accounting, audit, and tax matters. Met with a soft IT staffing market (post

9/11), recommended discontinuing the organic entrance to the US market. The US business was discontinued.

RANDSTAD/SFN GROUP, INC., IT CONSULTING DIVISION

Operations Controller, Oak Brook, IL 1996 - 2000

Coordinated financial planning for Spherion's multi-national Information Technology division, which grew

from $200 million to $750 million in revenue.

• Performed post-acquisition integration activities on Norrell, an acquisition that doubled the business’ size.

• Spearheaded an internally developed, client-server budget application, replacing a cumbersome

spreadsheet approach. The budgeting timeframe was reduced by 50%.

• Reduced annual commission costs by $1 million. Oversaw the incentive process for over 500 employees.

BELL & HOWELL COMPANY, Senior Financial Analyst, Lincolnwood, IL 1993 - 1995

Prepared financial statements and operational reports for a $70 million manufacturing division.

HAMILTON SUNDSTRAND (A UNITED TECHNOLOGIES CO.)

Senior Financial Analyst, Rockford, IL 1988 - 1993

$1.5 billion aerospace company, providing aircraft systems to commercial clients and military contractors.

• Plant Site Finance: Cost accounting. Lean-production/Kaizen. Inventory management.

• Bid & Proposal, Engineering Finance: Client bid models. Product development. R&D tax credits.

EDUCATION

Master of Business Administration, August 1988

University of Wisconsin - Madison Major: Finance, Investment, and Banking

Bachelor of Business Administration, May 1987

University of Wisconsin - Madison Major: Finance, Investment, and Banking

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Continuing Education Program, December 1995

Northwestern University Certificate in Accounting

Certified Public Accountant Passed exam, May 1998 (Top 10%, nationally)

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