Samuel E. Hager
Newberry, SC 29108
Phone: 270-***-****
Email: ************@***.***
Objective: Senior Financial role where my experience, accomplishments, and
proficiency will enable me to make lasting contributions.
Education
B.A., Accounting
Morehead State University, July 1996
Work Experience
Komatsu America Corporation, Newberry, SC, 2008-Present
Controller
Leader of all financial activities at the Newberry manufacturing facility
including: financial forecasting, investment analysis, "What-If" scenarios,
cost reduction, product profitability analysis, internal controls, business
planning, and financial reporting. Supervises and leads a staff of five.
. Introduced monthly financial forecasting planning and analysis
resulting higher profit margins (6%), faster response to variances
from plan, and improved labor efficiencies.
. Reduced annual fixed costs by approx. $100K through negotiations with
suppliers
. Created on-going financial reporting presentations with Department
Heads, Directors, and Vice Presidents to improve variable operation
efficiencies by approx. $80K-100K per month.
. Established product cost targets and financial modeling to improve
profitability through identification of cost reduction opportunities
with engineering projects as well as benchmarking.
Delta Faucet Corporation, Morgantown, KY, 2006-2008
Controller
Overall authority of the financial operations of the Morgantown Plastics
organization including: budget preparation, monthly closing process,
financial reporting and analysis. Supervises and leads a staff of three
. Introduced an improved product costing methodology, correcting
erroneous overhead allocations that resulted in increased annual
profit margins of $2M
. Established financial controls that met Sarbanes-Oxley corporate
compliance following the merger of Morgantown Plastics with Delta
Faucet division
. Improved inventory accuracy by 46% through leading three "Kaizen"
improvement projects resulting in establishment of improved inventory
handling procedures, standardization and "lean principals"
. Created financial accountability through matching specific accounts
with responsible managers, including the creation of "financial
accountability" meetings which resulted in overall improvement
forecasting and communications, netting total costs that were 6% below
the 2007 business plan
Robert Bosch Corporation, Charleston, SC, 2004-2006
Senior Project Lean Manufacturing Coordinator
Responsible for financial cost savings estimation, external reporting, and
coordination of "Lean Manufacturing" projects for all Bosch Charleston
Plants
. Created the BPS financial cost savings tracking system, capturing
Kaizen Starbursts and Lean Line Designs financial impact over 215
projects totaling over $20M in cost savings
. Coordinated the creation of the "Fast Assessment" to identify lean
manufacturing best practices from the Bosch supply base
. Developed the Charleston BPS assessment tracking system to identify
gaps in the implementation of Lean Manufacturing
Caterpillar Inc., Danville, KY, East Peoria, IL, and Mossville, IL, 1999-
2004
Senior Accounting Supervisor, 2003-2004
Supervisor responsible for the activities of five staff accountants leading
Global Purchasing reporting of $15B of Purchases for the Global Purchasing
Division, Business Risk Management, 6 Sigma Reporting, and Director project
reporting
. Identified and corrected a $12M misallocation of the benefiting
business unit information, thereby improving the accuracy of the
Global Purchasing 6 Sigma value prop
. Charged with the ongoing monthly 6 Sigma reporting for Global
Purchasing
. Developed, coordinated, and communicated the Business Risk Management
process to meet the requirement of the Caterpillar board
. Improved the direct forecasting methodology to assist Global
Purchasing in providing matrix line of sight to upper-level management
in achieving Caterpillar's Critical Success Factors
. Provided leadership in the development of Indirect Purchasing cost
reduction reporting system and methodology enabling Caterpillar to
identify and monitor indirect cost reduction opportunities.
Project Engineer, 2002-2003
Responsible for implementation of Caterpillar Global Purchasing strategic
sourcing plan, supplier selection and development matrices, evaluating
supplier health, development cost models, resource and negotiation
activities, high -level management reporting, and Six Sigma team member.
. Led negotiations during electronic auction that realized over $3M of
savings for 2002 & 2003.
. Developed Cost Models to understand supplier quotes resulting in
exceeding estimated savings by 200% for strategic sourcing plan.
. Analyzed potential strategic sourcing opportunities, including
implementation of a Low Cost Country strategy with planned savings of
$3M.
. Participated on five Six Sigma projects realizing over $1M of annual
savings.
Business Analyst, 2001-2002
Six Sigma Financial Representative for the Track Type Tractor Division
responsible for understanding Six Sigma metrics and guidelines
interpretation and effectively applying them to divisional projects.
. Improved the Caterpillar Track Components (CTC) budgeting process by
budgeting on an individual part numbers basis, enabling CTC to better
understand cost issues
. Developed, applied and interpreted new Six Sigma guidelines that were
utilized throughout the corporation
Plant Accountant, 1999-2001
Responsible for all cost accounting functions at the Caterpillar Track
Components facility
. Created a Volume Mix model to analyze sales fluctuations by part
number, which allowed Caterpillar Track Components (CTC) to predict
sales results.
. Discovered potentially erroneous $6M sourcing project, enabling the
facility to maintain profitability and avoid closure
. Created Activity Based Costing analysis which enabled management to
achieve Return on Sales targets two years ahead of plan
Quaker Coal Co., Inc., Prestonsburg, KY, 1998-1999
Staff Accountant
Responsible for reporting financial information for Quaker Coal and various
subsidiaries
Performed monthly general ledger and yearly closing activities for six
of Quaker Coal Company's major subsidiaries
. Administrated Fixed Assets/ Leases for entire Quaker Coal Company,
totaling $100M
. Assisted Quaker Coal in obtaining bank loans for acquisitions,
totaling $200M
Hager Machine & Hydraulic Co., Auxier, KY, 1997-1998
Accountant
In charge of entire financial activities of Hager Machine & Hydraulic
. In charge of all general ledger activities including fixed assets,
capital leases, prepaid schedules
. Coordination of payroll, accounts payable activities and quarterly tax
information
. Maintained monthly bank reconciliations
General Electric Co., Lexington, KY, 1996-1997
Cost Specialist
Responsible for generating and analyzing financial data for daily
operations of the Somerset (KY) Glass Plant
. Prepared Product Cost analysis for the Somerset Glass Plant, totaling
3,000 part numbers
. Completed the preparation of the Somerset Glass Plant, Lexington Lamp
Plant and Kentucky Glass Plant budgets
. Generated and analyzed monthly operation reports for the Somerset
Glass Plant presented to GE Vice President
Other information
. Proficient in SAP, JD Edwards, Hyperion, Excel, IBM Mainframes, and
Microsoft Business Applications
. Dale Carnegie Strengthening Professional Relationships graduate
. Certified Six Sigma green belt