George R. Datsko, Jr., CPA
North Canton, OH 44720
Home: 330-***-****
Cell: 330-***-****
******@******.***
CAREER SUMMARY
EXPERIENCED AND GOAL-DRIVEN CERTIFIED PUBLIC ACCOUNTANT WITH A DEMONSTRATED
TRACK RECORD OF LEADERSHIP IN THE PREPARATION AND ANALYSIS OF FINANCIAL
REPORTS TO SUMMARIZE AND FORECAST FINANCIAL POSITION. DETAIL-ORIENTED
LEADER CAPABLE OF DIRECTING A SKILLED FINANCIAL MANAGEMENT TEAM TO SUPPORT
ACHIEVEMENT OF CORPORATE GOALS AND OBJECTIVES. PROVEN EXPERTISE IN DRIVING
EFFICIENCY AND PRODUCTIVITY THROUGH EVALUATION OF FINANCIAL MANAGEMENT
SYSTEMS AND IMPLEMENTATION OF PROCESS IMPROVEMENTS.
Specific expertise in the following:
Accounting Management Financial Modeling/Planning
Financial Forecasting & Analysis Strategic & Operational Business
Planning
Cost Reductions & Efficiency Mergers, Acquisitions & Corporate
Improvements Integration
Capital Budgeting Contract Negotiations & Management
Cash Management SEC Regulatory Compliance
professional experience
PROGRESSIVE MFG. CO., INC., AKRON, OH 04/97 - 08/99; 09/99 - 01/10
PART TIME; 02/10 - CURRENT
A privately held company engaged in the fabrication, rebuilding and repair
of rubber/plastic process machinery.
Vice President & Treasurer
Responsibilities include all accounting, finance and tax functions
including the preparation of quarterly and annual financial statements, and
all federal, state and local tax returns.
. Assist in establishing lines of credit and maintaining positive
relationships with local banks.
. Supervise the daily activities of the accounting staff; and provide
general financial and accounting advice.
. Ensure internal controls are being followed and comply with all tax,
insurance and bank audit requests.
Significant Accomplishments:
. Established a Savings Incentive Match Plan (SIMPLE 401k) for all hourly
and salaried employees.
. Designed and installed a job cost system used to monitor the financial
performance of all firm-price and cost-plus jobs.
. Negotiated favorable investment and borrowing rates with local bank.
Diebold, Inc., North Canton, OH
09/99 - 02/10
A Fortune 500 company and a leader in providing ATMs and other integrated
self-service delivery systems and services to the global marketplace.
Manager/Director Global Supply Chain Finance 2006 - 2010
Managed budgeting and financial analysis support for the supply chain
organization including the Global Procurement, Logistics and Warehousing
functions.
. Coordinated the establishment of annual standard costs for three global
manufacturing plants and managed direct costs through material price
variance analysis.
. Supported vendor selections and make/buy decisions through evaluations
using a total landed cost model which took into account criteria such as
pricing, quality, lead times and logistics costs.
. Provided financial reviews and analysis on all capital budgeting
projects.
. Acted as the lead finance manager for the SmartBusiness 200 program, a
five-year project to remove $200 million from the company's cost
structure.
Significant Accomplishments:
. Designed, tested and implemented a project management database used to
measure progress on the SmartBusiness 200 program.
Diebold Inc. (continued)
. Directed a cross-functional team that developed and prioritized savings
initiatives and business cases in alignment with the corporate
SmartBusiness 200 strategy. Ensured that all financial considerations
were evaluated and assisted in removing barriers that were impeding
progress.
. Led a team of financial professionals that audited and validated over
1,500 cost savings projects that generated over $171 million in savings
from 2006 - 2009.
. Helped negotiate multi-million dollar commercial terms with two major
consulting firms utilized to achieve the five-year $200 million cost
reduction target.
. Reviewed all non-routine purchase agreements to ensure that accounting
transactions were correctly recorded in compliance with corporate
policies and SEC regulations.
Manager, Financial Planning & Analysis - Diebold International 1999 -
2005
Managed financial planning and analysis activities for all international
operations.
. Prepared the annual financial plan and set division financial goals for
employee bonus compensation.
. Prepared financial schedules and analyses, including the impact of
foreign currency movements on operations, for the company's monthly
business review meetings with the CEO and CFO.
. Took on the role of international finance lead for the company's Business
Transformation Project, which featured a global design and deployment of
the Oracle ERP system.
. Worked with the corporate tax department to establish transfer pricing
rates for over 30 foreign subsidiaries.
. Provided overall financial support for the president and controller of
Diebold International.
Significant Accomplishments:
. Instrumental in replacing an Excel-based reporting and consolidation
process for the company's international subsidiaries ($750 million in
sales) with Khalix, an integrated application system now used for
reporting, consolidations, forecasting and analysis.
. Completed the design and testing of Oracle's general ledger, project
accounting and fixed asset modules for the European division ahead of
schedule.
. Participated in due diligence work and the subsequent integration of
three major foreign acquisitions (one each in Brazil, Europe and India).
Babcock & Wilcox Co.
11/79 - 04/97
Multi-billion dollar company, which is a leader in the design, fabrication,
erection and servicing of power generating systems.
Allen-Sherman-Hoff, Malvern, PA
A division of Babcock & Wilcox, a $50 million producer of ash handling
equipment.
Controller 1996-1997
Developed and implemented financial reporting standards, budgeting, income
and cash flow forecasting and internal controls.
. Managed the general ledger, accounts payable, billing, accounts
receivable, and inventory accounting functions.
. Responsible for all internal and external financial reporting including
analyzing variances against forecast.
. Provided accounting and financial advice on the division's strategic
business plan.
Significant Accomplishments:
. Successfully transferred the entire accounting operation for this newly
acquired business from Houston, TX to Malvern, PA. This included hiring
and training new staff and coordinating the shipment of accounting
records and data processing equipment.
. Developed and implemented new procedures that reduced the month-end close
process from an average of six days to three days.
Americon, Inc., Copley, OH
A subsidiary of Babcock & Wilcox which is a national construction company
in the power generating industry with over $500 million in annual sales.
Manager, Process Accounting 1992 - 1995
Managed and directed a staff of 18 professionals and clerks in the areas of
payroll, billings and collections, accounts payable and expense account
processing.
Americon, Inc. (continued)
. Established government-allowable costing rates and maintained the
company's disclosure statement.
. Analyzed, forecasted and reported on workers' compensation costs.
. Participated in total quality management projects, including safety and
working capital improvement teams.
Supervisor, Accounting Services 1990 - 1992
. Responsibilities included financial reporting and analysis and
consolidation of regional forecast information.
. Reviewed and provided support for bids and proposals including analyzing
the financial impact of non-standard terms of payment.
. Developed commercial and government costing and proposal rates.
Babcock & Wilcox Co., Walnut Creek, CA; Barberton, OH; North Canton, OH
1979 - 1990
Held a variety of staff and management positions in the finance and
accounting departments.
. Contract cost analysis with heavy emphasis on manufacturing, engineering
and subcontract costs.
. Performed make or buy studies.
. Income statement and balance sheet forecasting and analysis.
. Performed on-site audits of erection progress to verify financial
projections.
. Capital budgeting using NPV and IRR techniques.
. Supervised the physical inventories at two plants and two warehouses.
. Cost center budgeting.
. Established procedures and controls to monitor intercompany transactions
in accordance with the company's transfer pricing policy.
Education
MASTER OF BUSINESS ADMINISTRATION, FINANCE, 1984
Bachelor of Science in Accounting, 1980
The University of Akron, Akron, OH
Licenses
CERTIFIED PUBLIC ACCOUNTANT (ACTIVE) - STATE OF OHIO
PROFESSIONAL AFFILIATIONS
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
Ohio Society of Certified Public Accountants