Roberto L. Coba, CPA, MBA
Tipton, Michigan 49287
Cell 517-***-****/ abg2yc@r.postjobfree.com
Senior financial executive with extensive knowledge of multinational and
domestic operations in diverse industries.
Relevant skill set includes financial modeling, forecasting, budgeting,
board presentations, acquisitions (valuations, due diligence and accounting
integration), treasury systems, strong GAAP and IFRS knowledge, FAS
research and implementation, Multinational consolidations, SOX compliance,
IT implementations, costing systems and public accounting auditing
experience.
Meaningful contributions include:
. Successful operational improvement via financial measurements,
analysis, control and IT/ ERP management.
. Improving stakeholder confidence and support by revamping the
accounting, reporting and forecasting systems in accordance with GAAP
and international accounting standards (IFRS).
. Directly impacting the corporation's goal of high growth by performing
key functions in various acquisitions.
. Guiding multi-million cost reductions through difficult re-structuring
of operations.
PROFESSIONAL EXPERIENCE:
INTEGRYS ENERGY SERVICE/ Non-Regulated
Ann Arbor, MI
Controller/ Director-Analysis and Compliance- Integrys Energy
Services 2002 to 4/30/2010
Non-regulated Energy business (grew from $800M to $9B). GAAP, IFRS, S.E.C.
reporting (10Q, 10K, M, D & A), Financial and derivative accounting,
accounting white papers, forecasting, budgeting, variance analysis, FAS 133
compliance, M&A modeling, tax research, valuation and due diligence.
Accomplishments:
. Developed various reporting systems that provided quarterly variance
analysis for various businesses and the consolidated group to be used
for internal and SEC reporting (10K, 10Q).
. Developed internal forecasting and valuation models to establish sound
business strategies.
. Developed a hedge accounting strategy white paper to launch profitable
wholesale power trading operations.
. Designed and implemented hedge accounting systems for trading
operations, including controls and reporting/ disclosures.
. Developed new risk and return metrics for the budget presentation to
the Board of Directors.
. Created M&A financial valuation models for diverse energy businesses
and performed due diligence, including tax research, and successful
accounting integration of various acquired businesses.
. Wrote several accounting and financial white papers dealing with FAS
133, FAS 144, FIN 46 (R), FAS 157, Return on Invested Capital and energy
acquisitions.
. Presented six technical accounting and finance training sessions for
the accounting department and management.
Corporate Controller - Quest Energy (Acquired by Integrys
Energy Services in 2003)
Financial accounting/ reporting, forecasting, budgeting, treasury, tax.
Accomplishments:
( Developed complete income statement, cash flow and balance sheet
forecasting and budgeting models.
( Produced new analytical tools and models to develop operational
strategies and measurement reports.
( Revamped the whole accounting system and reorganized the department
to improve effectiveness and efficiency.
DOLE FRESH FRUIT INTERNATIONAL, LTD.
San Jose, Costa Rica
Chief Financial Officer (Reporting to Group
President and Corporate C.F.O.) 1998 to 2001
Financial accounting/ reporting and consolidation of the $1.5 billion Latin
fruit business, forecasting, budgeting, treasury, I.T. and special
financial and tax projects.
Accomplishments:
( Developed a comprehensive and integrated forecasting and internal
reporting system that enhanced management decision-making.
( Headed the implementation of various accounting and reporting systems
that resulted in improved internal and external reporting.
( Improved the farm cost accounting reporting and forecasting systems
and made them uniform for all five international fruit producing
divisions.
( Participated in a $100 million credit structuring for a U.K. shipping
company, including financing, leasing and tax structure that resulted in
$20 million of tax savings over 6 years.
( Participated in negotiations, due diligence and accounting of a $50
million foreign business combination, a $17 million farm acquisition and
a $26 million foreign port joint venture (including financing and tax
structure).
( Directed various I.T. systems improvements involving J.D. Edwards,
Hyperion and other software.
( Reorganized the finance and I.T. departments to improve efficiency
and depth of management.
TECUMSEH PRODUCTS COMPANY
Tecumseh, MI
Corporate Controller (Reporting to Corporate
C.F.O.) 1996 to 1998
Corporate accounting, SEC and internal financial reporting, multinational
consolidations and special financial projects of this $1.6 billion,
publicly-traded leading manufacturer of hermetic compressors and small
gasoline engines.
Accomplishments:
( Developed monthly analysis of key business issues for internal
management decisions and external reporting.
( Improved yearly business plan by emphasizing strategic measurable
goals and current objectives.
( Participated in negotiation, due diligence and integration of two $45
million foreign business acquisitions (India).
( Developed procedures and computer models to actuate a mid-term
commodity-hedging program.
( Implemented action plans to improve international and domestic
treasury management efficiency and effectiveness.
( Provided steering committee direction to define parameters of an ERP
re-engineering project.
SUNBEAM CORPORATION
Miami, FL
Vice-President -Finance/ International (Reporting to
International Group President) 1992 to 1996
Accounting, finance, strategic planning, data processing, personnel and
oversight of procurement, logistics and warehousing. Substantial
involvement in sales and operations, including foreign manufacturing plants
and product purchases.
Accomplishments:
( Increased sales and profits through implementation of inventory and
sales planning models.
( Implemented a new customer pricing and promotion system that largely
improved sales and profits.
( Directed product cost reduction and intercompany pricing studies
pertaining to Latin American manufacturing operations.
( Developed effective management reporting systems to support the 25%
annual sales growth.
( Directed data processing hardware and software conversions, yielding
greater reporting efficiency.
( Merged Peruvian operations into domestic export operation, yielding
$1.5 million profit improvement.
( Reorganized European operations from three countries to one, yielding
$2 million of additional yearly profit.
( Directed international acquisition projects and performed due
diligence and valuation analysis.
NEW YORK SEVEN-UP BOTTLING CO., INC.
New Rochelle, NY
Chief Financial Officer (Reporting to President and Board
of Directors) 1987 to 1991
Accounting, finance, administration, management systems, personnel, risk
management and treasury operations (including cash management, bank
relations, debt management and taxation).
Accomplishments:
( Implemented a major corporate reorganization and
recapitalization.
( Negotiated and secured current and long-term bank lines of
credit.
( Implemented automated cash management, accounting and forecasting
systems.
( Negotiated and implemented major insurance programs, including
financing.
( Developed numerous key management reports, including sales,
margins, inventory and A/R.
( Improved inventory controls and product costing systems.
PRIOR PROFESSIONAL EXPERIENCE
Financial and accounting positions at PepsiCo International, Coca-
Cola of Miami, Price-Waterhouse CPAs, Deloitte Touche CPAs.
EDUCATION:
THE UNIVERSITY OF MICHIGAN, GRADUATE SCHOOL OF BUSINESS
M.B.A. with concentration in Finance and Marketing. GPA:
6.8/8.0
MICHIGAN STATE UNIVERSITY
B.A. with high honors, majoring in Accounting. GPA: 3.7/4.0
Certifications and Other:
Certified Public Accountant in the states of Michigan and Florida.
Fluent in Spanish.