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Experienced CFO in Manufacturing and Construction

Location:
United States
Posted:
February 07, 2016

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Resume:

MILAN MICHAEL MILIVOJEVIC

***** ***** *****• Carmel, Indiana 46032

mkaubx@r.postjobfree.com • 317-***-**** • cell 317-***-****

Chief Financial Officer • Financial Manager

Extensively experienced and goal-oriented Chief Financial Officer and Finance Manager with a demonstrated track record of providing resources and systems to support teams in rapid growth and turn around situations. Proven expertise in driving efficiency and productivity through evaluation of financial management systems and implementation of process improvements. Talented leader directing highly skilled financial management teams to support achievement of overall corporate goals and objectives. Core competencies include:

• Capital Creation

• Risk Management

• Board and Investor Liaison

• Cash Management

• Forecasting & Budgeting

• Human Resources

• Technology Integration

• New Business Development

• Process Improvements

CAREER EXPERIENCE

Indiana Mills & Manufacturing Inc. Westfield, IN Dec 2007 - Present

Business Development Director

My main task is to establish a new division to expand upon the legacy business of a heavy truck and equipment seat belt restraint engineering and production company.

 Evaluated markets and created strategies to implement an integrated suite of crash avoidance systems that interface with legacy occupant protection devices.

 Developed and completed a strategic supplier relationship with an Australian electronics firm to provide an active safety baseline system to bridge prevention and protection systems.

 Evaluated global company offerings on a variety of crash avoidance devices and established a best in class offerings suite with a German Automotive technology company, an Israeli systems developer, and Australian equipment specialist.

Sumco, Indianapolis, IN May 2007 Nov 2007

Principal and Acquisition Investor

Financial circumstances permitted me to explore personal interests that found me eager to continue business endeavors. I pursued a variety of interests and performed work in the following:

 Mergers & Acquisitions: Performed two due diligence acquisition engagements with Crowe Chizek for the Pritzger Group ( $200M concrete Supplier) & Cerberus ($80M recreational firearms manufacturer)

 Not-For-Profit environmental organization: Provided operational and financial services for the Indiana Chapter of the Nature Conservatory. Developed plans for a LEEDS headquarters

o Created $20M in new conservation capital by leveraging a Lilly Family Gift.

The Blakely Corporation, Indianapolis, IN May 2005 – March 2007

Chief Financial Officer

Full responsibility for the Financial, Information Technologies, and Human Resources of a 105 year old family owned business in retail and architectural construction finishing business serving commercial and consumer markets.

 Generated over $1M in cash flow savings and $600K in P&L improvements in less than 9 months

 Recovered $200K in sales tax over payments and generated $60K annually

 Restructured lending agreements; doubled credit availability, created 30% more working capital & improved cash flow by 20%. Created a balance sheet to withstand credit crisis.

 Established new risk management policies that resulted in a 33% savings ($100K) in premium costs

 Analyzed and restructured a variety of operations and sales processes to improve gross margins by 5% with the senior management team (e.g., job scheduling, cost analysis, project management)

 Created the first cash flow projection models. Reduced bank credit facilities use by 15%

 Discovered sales tax savings opportunities that improved gross profit by 5%

 Performed valuations and prepared two divisions for sale

 Developed an internet sales strategy, relocated a retail facility, and implemented a shop at home concept to increase sales 25%

Transportation Safety, Indianapolis, IN Aug 2001 – April 2005

Chief Financial Officer and VP Sales

Hired by a private equity firm for a turn-around situation that required immediate action on a variety of fronts. Stabilized cash flows, closed facilities, added the first MRP systems, and adjusted staff.

 Within 60 days of hire, rationalized capacity and closed a primary manufacturing facility

 Replaced the legacy information system. Planned and implemented an ERP system (Made2Manage) within 6 months of hire with bills of material, purchasing, engineering, job costing, and all accounting modules

 Restructured the company benefits plans; added a 401K, section 125 plan, and expanded health insurance in the first four months. Adopted the first benefit plans for a remote production facility and established company human resources policies

 Replaced the accounting staff, hired a controller, and restructured MIS in 180 days

 Created visibility to the sales projection process; developed daily shipment reports, and generated the first break even analysis studies on a product line basis

 Developed product strategies for a crash avoidance system, assumed direct sales leadership responsibilities, and established the product in the marketplace

 Became interim VP Sales July ‘03. Key product revenues up from $540K to $3.5M in six months with a $7M goal. Hired and trained a national sales manager and sales team in 10 weeks

 Implemented cost aggregation buying strategies for the portfolio companies leading to $500K annual savings.

Design Craftsman, Midland, MI Nov 1995 – July 2001

Chief Executive Officer & Chief Financial Officer

 Led a 250% increase in revenues in 4 years from $10 to $25M in a 30 year-old organization. Tripled net income from a 26 year average of 2.5% to 7.5% in three of the last five years

 Implemented strategic planning, budgeting, Internet, e-commerce, and business planning activities

 Revised capital structure, raised $5M in municipal bond financing, and created $400K of recurring annual savings

 Recovered $240K from MI Dept. of Revenue for overpaid sales/use taxes

 Established a global sales team and created new markets for existing goods and services

 Designed, financed, and implemented a 66% ESOP exit transaction for the founding shareholders

 Leading the transition from company founders to a management led organization in an ESOP environment

 Full P&L responsibility and a staff of 150 people

 Expert contract negotiator with transactions internationally in company divestitures, customer sales, financing, construction, union contracts, insurance and employee benefits

 Directly installed or supervised a variety of applications and systems on a range of platforms (DEC to LAN's)

 Interact with the board of directors; provide special reports, and periodic presentations.

Additional Professional Experience:

Metro Metals Chief Financial Officer

Cadence Environmental Chief Financial Officer

Spartanics, Ltd Controller

GTE Service Senior Auditor

Kemper Group In Charge Auditor

Peat, Marwick, & Mitchell Staff Auditor

Education & Certifications

CPA, State of Indiana (current)

Northwestern University, Kellogg School of Business

MBA classes taken (not completed)

BS Accounting, Valparaiso University

Affiliations

Indiana CPA Society

St Nicholas Serbian Orthodox Church-Parish Council President

Children’s’ Bureau of Indianapolis-Advocacy Committee Chair and Board Member

AICPA

Midland Foundation-Trustee, Board Member, and Investment Committee Member

Midland First United Methodist Church-Investment Committee Member

Metro Metals-Board Member

Indiana Air Pollution Control Board Member



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