MICHAEL H. STILLER, MBA
732-***-**** (Home)
732-***-**** (Cell)
Somerset, NJ 08873
********@*******.***
EXECUTIVE SUMMARY
High energy executive with skill set in corporate accounting, reporting,
finance, audits, budgets, contract negotiations and financial system
processes and implementation. Dedicated results oriented team player with
exceptional leadership, problem solving and interpersonal skills. Hands on
dynamic, highly motivated team leader able to achieve business objectives
and deliver results in timely fashion.
MAJOR ACCOMPLISHMENTS
Successfully managed financial activities for $70M and $40M business
units
Successfully negotiated/maintained contractual provisions of major
corporate contracts worth over $250M
Responsible for developing and monitoring Executive Department budget
of $24M
. Led audit reviews that identified major internal control deficiencies
resulting in substantial corporate policy changes and subsequent
savings of over $5M
. Streamlined allocations and book closing procedures
resulting in over $2.4M of cost savings
. Prepared real estate business case to evaluate impact of
constructing new facility or modifying existing facility
effecting 1,500 employees. Analysis resulted in annual
savings of $3M by proper utilization of current space and
modifying lease terms.
. Project leader to enhance corporate Space Management System
resulting in ease of data collection, reporting and
employee consolidation (approximate savings 300k).
. Prepared matrix of cost, revenue and pricing for project
managers. Efforts resulted in 75% project goal obtainment
which was an increase of 20% over prior processes.
PROFESSIONAL EXPERIENCE
TOTO GROUP, LLC. - North Brunswick, NJ 12/09-Present
Business Manager
. Manage financial operations and internal systems for Insurance
Brokerage.
. Prepare monthly financial reporting package, calculate producer
commissions and ensure adherence with industry standards.
. Develop/refine marketing strategy and vision for expansion of
business.
. Partner/negotiate with industry providers to expand product
agreements and provide enhanced product base to customers.
PSEG - Newark, NJ 01/08-11/09
Principal Financial Analyst
. Provided financial support for PSEG Executive Department.
Responsible for monthly billing and expense results analysis and
variance explanations, current and 5 year pricing model
development, capital and operations and maintenance forecasting.
. Maintained data for development and presentation of Long Term
Executive Incentive Compensation Plan (LTIP) which is major
component of Executive budget.
. Successfully completed cost allocation portion of annual (2007 and
2008) Board of Public Utilities (BPU) filing with Corporate Rate
Counsel and Legal organizations.
. Provided leadership to Service Company in preparation of annual
sales process. Updated corporate pricing model, Cost Accounting
Manual, Service Company overhead pool and Enterprise allocation
methodology. Socialized revised information with appropriate
Operating Companies (Utility, Power, Holdings) and Service Company
personnel.
. Assisted with data collection and analysis in support of Utility
rate cases and Affiliate Standards audits. Results were critical to
substantiate proposed PSEG rate changes/increases with the BPU.
Michael H Stiller, MBA Page 2
AMERICAN STANDARD, Piscataway, NJ 05/07-01/08
Supply Chain Finance Lead
. Managed financial operations of Logistics Group (warehousing,
outbound/inbound freight, $115M annually) including development of
annual operating plan, forecasts and analysis of monthly results.
. Partnered with Service Order Inventory Planning (SOIP),
Manufacturing & Logistics leaders to drive performance.
. Performed and validated Activity Based Costing (ABC) for logistic
costs, customer, product line and network scenarios.
. Monitored monthly performance of key customer service metrics and
cost reduction projects vs. targets.
TELCORDIA TECHNOLOGIES, INC. (formally SAIC, Bellcore), Piscataway, NJ
01/96-03/07
Manager of Finance - Information Technology (IT) 2006-2007
. Managed financial operations of IT organization ($40M) including
development of business plan, forecasts, staffing, and capital
planning.
. Developed allocations/targets utilizing activity based costing for
desktop, datacom and computer.
. Directed monthly closing activities, analyzed results, variances
and performed trend analysis.
. Liaison with Corporate vendors, approved all major IT invoices and
resolved open billing issues.
Senior Project Manager Sales Operations 1999-2006
. Managed finances for Life Cycle Program (software licensed for
multiple years with major customers) with annual revenues of $300M,
which was single greatest source of corporate revenues.
. Analyzed customer mergers (e.g. AT&T and BellSouth) for business
expansion/parity opportunities. Develop proposals for upper
management review and customer presentation.
. Successfully negotiated contracts/amendments with customers
regarding their software maintenance, product enhancements and
related services resulting in enhanced customer relationships.
. Responsible for proper revenue recognition (and deferred revenue
analysis) for maintenance projects in accordance with SOP 97-02.
. Analyzed accounting functions to identify key control points in
accordance with Sarbanes-Oxley requirements. Updated Visio
flowcharts of processes prior to testing by auditors and
consultants.
. Maintained dynamic data warehouse of revenues (including third
party software maintenance), which was utilized for business
planning and all major corporate financial forecast exercises.
. Negotiated contract with external software escrow vendor. Developed
corporate wide processes for escrowing of product software.
Corporate point of contact for inquiries and escrow issues.
Manager of Finance (Network Design & Supply Chain Management-
Business Unit 1996-1999
. Managed financial operations of Business Unit ($70M) including
development of forecasts and project proposal cost development.
. Developed current/future year business plans (e.g., revenue, costs,
staffing).
. Analyzed P&L's and provided guidance to Product managers ensuring
profitability of their product/project lines.
. Enhanced corporate systems to meet reporting requirements and
trained system users.
. Successfully contained costs which led to obtainment of all
Business Unit yearly P&L objectives.
EXPERIENCE PRIOR TO 1996
Bellcore - Manager Corporate Finance, Corporate Planner - Support Services,
Manager - Accounting Methods and Audit Manager
Western Electric Company Audit Manager, Manager - Corporate Budgets &
Statistics
S.D. Liedesdorf & Company (Public Accounting) - Senior Internal Auditor
EDUCATION
St. John's University - Masters of Business Administration Finance
Queens College - Bachelor of Arts Accounting.
Rutgers University - Six Sigma Blackbelt
SOFTWARE
SAP, CPI, Bex, Hyperion, Oracle, Excel, Powerpoint, Word, Visio, Microsoft
Publisher, Essbase