HILARIO CHAVEZ
Residence: 517-***-****
Clinton, Michigan 49236
Mobile: 248-***-****
Email: ********@*******.***
CAREER SUMMARY
A financial management professional with broad experience in corporate
finance and accounting. Expertise in international and domestic cash
management and banking. Special knowledge in directing and managing across
business functions, skilled in negotiation and team building.
Ability to analyze business processes and use technology to improve
processes and reduce costs.
Started financial and treasury management consulting practice in 2003.
PROFESSIONAL EXPERIENCE
CONSULTING SERVICES
2003 - Present
Since resigning my position at Metalydyne in 2003, I have completed a
number of contract / consulting engagements. Engagements included several
international assignments. Based on the scope and expected length of the
engagements, two clients requested services as a direct employee.
. Evaluated European financial reporting and treasury
systems.
. Reviewed accounts receivable collections procedures and recommended
changes to improve DSO.
. Provided an analysis of sales orders to cash of Mexican operations.
Analyze and determined cause(s) of cash shortfalls.
. Advised on accounting issues regarding employee fraud
and misappropriation of cash.
. Reviewed and recommended acquisition/divestiture
strategy for Mexican joint venture
GREDE FOUNDRIES, MILWAKEE, WI
2007
Privately held company, producing metal casting with foundries in six
states for various industries, including the automotive and small engine
industries.
Director Audit, Accounts Receivable and Tax
Responsible for directing and managing the tax and accounts receivable
departments, and providing the executive team with financial and system
review of acquisitions and divestitures, new product development and
long term tax planning.
. Negotiated a reduction of a state income tax audit assessment
by over $300,000.
. Selected new external tax advisors, Ernst and Young, for tax
planning and compliance.
. Manage SAP implementation and integration for selected
financial systems.
OXFORD AUTOMOTIVE, TROY, MI (liquidation completed March 2008) 2003-
2005
Manufactures specialized metal-formed modules, assemblies and related
services to the automotive industry with 2003 sales of $1.0 billion.
Director Global Treasury Operations
Responsible for developing and directing Oxford treasury into a
centralized operation managed and directed from the US.
5 Designed worldwide treasury reporting system for corporate treasury
management.
. Created an international accounts receivable factoring reporting
system that enabled CFO to monitor funding availability from
European subsidiaries.
. Continued to provide treasury and other services under
consulting contract thru June 2006.
METALDYNE CORPORATION, PLYMOUTH, MI (Acquired AsahiTec 200*-****-****
Manufactures automotive engine and chassis components with 2002 sales of
$1.4 billion.
Director Credit & Collections and International Cash
Responsible for accounts receivable and international cash management.
Assisted directly by a staff
of six, including one supervisor and one process leader.
Hilario Chavez
Page Two
METALDYNE CORPORATION(continued)
. Designed and managed the consolidation of accounts receivable to a
shared services function. Shared services system consolidated JD
Edwards and QAD ERP systems. Reduced full time equivalent
headcount by four and provided efficient and timely reporting of
customer accounts, sales and cash forecasts.
. Designed an automated process to analyze discrepancies in billed
price versus customer purchase order price reducing research time
on customer account issues.
LEAR CORPORATION, SOUTHFIELD, MI
1997-2002
Manufactures automotive interior and electrical systems with 2002 sales of
$15.1 billion.
Manager Ford Division and International Accounts Receivable
Responsible for accounts receivable and Dun and Bradstreet business
relationship. Assisted directly by staff of eleven A/R Specialist
including two supervisors.
. Implemented Dun and Bradstreet's Supplier Assessment Management
System. The system allowed the company to quantify
customer/supplier risk in pricing and supply side management,
resulting in better evaluation of customer/supplier risk.
Manager, Domestic and International Cash
Responsible for managing worldwide daily cash and debt balances using
$3.1 billion multi-currency credit facility and all bank cash management
relationships. Assisted directly by staff of four Treasury Analysts.
. Designed and implemented US cash and debt transaction reporting
system, reducing the month end cash and debt reporting cycle from
five days to one day, and decreased the Capital Markets Group month
end statistical analysis time by one day.
? Member of selection and implementation team for the
SunGard Treasury workstation.
? Designed and implemented US cash and debt transaction reporting
system, reducing the month end cash and debt reporting cycle
from five days to one day, and decreased the Capital Markets Group
month end statistical analysis time by one day.
? Designed global multi-cash forecasting system.
COMSHARE, ANN ARBOR, MI (Acquired by Geac 2003)
1979-1997
Develops, markets and supports decision support application software.
Manager of Financial Analysis and Risk / Treasury Manager
Responsible for worldwide daily cash, investments, debt balances, bank
and investment broker relationships, debt compliance reporting and
foreign currency exposure management.
Chief Accountant Tax Service Division
Responsible for the monthly closing and preparation of financial
statements for three subsidiaries.
UNIVERSITY OF MICHIGAN, ANN ARBOR, MI
1974-1979
University Accounting Department and Medical Service Plan Office
Acting Associate Director of Finance Medical Service Plan Office
Manager of Financial Analysis and Accounting Services
Accountant and Sr. Accountant
EDUCATION
MBA, completed all graduate MBA courses, Eastern Michigan University,
Ypsilanti. MI
BS, Accounting, Indiana University at Ft. Wayne, Ft. Wayne, IN
MEMBERSHIPS
Association for Financial Professionals
Financial Executives Network Group