MICHAEL J. SMITH
**** ******* ****** ** - **********, AL 35801
256-***-**** (H) - ***********@*******.***
SENIOR FINANCIAL EXECUTIVE
Seventeen Years of Fortune 125 Experience
Strategic Leader Driving Results through Innovation, Efficiency and
Accountability
Financial leader with extensive P&L responsibility in national,
international, and division roles within Coca-Cola Enterprises (CCE), a
Fortune 125 public company. Key player in CCE's transition from $3.6B pro
forma 1986 IPO to current $21B in revenues due to organic growth and
acquisitions. Operational experience within emerging and high-growth
business units in North America and Europe. Played significant roles in
mergers and acquisitions, due diligence, and integration projects.
Strategic leader and business partner in business planning, IT innovation,
and system deployment. Successful change agent across people, processes and
technologies. Proven team builder, creating new business opportunities and
establishing strategic partnerships. CPA.
Leadership
President & CFO, Perdido Electric Company - Bought and built this multi-
million dollar commercial electrical contracting company with new
processes and talent.
CFO, Belgium /Luxembourg (CCE) - Integrated Finance and Accounting for
acquired division in cooperation with European functional leaders.
Director, Shared Services Center (CCE) - Built Shared Services Center
from the ground up, realizing savings of more than $35M annually.
Consultant (The Coca-Cola Company) - Proposed global bottler Shared
Services Center strategy.
Director, Project Europe (CCE) - Led international team in IT
transformation across Europe.
Strategic Direction
Finance Director, Business Transformation Initiative - Led international
task force reviewing company-wide business processes resulting in
development of the Shared Services Center strategy.
Consultant (The Coca-Cola Company) - Supported initial implementation of
SAP model in China.
Special Project (CCE) - Restructured Purchasing Department (affecting
both Europe & North America), inclusive of the introduction of SAP
technology, to generate savings of $185M over five years.
Operational Management
Director, Shared Services Center (CCE) - Managed primary accounting
functions for North American operations with $13B in revenue. Developed
high performance culture.
Finance Director (CFO), Eastern Great Lakes Division (CCE) - Built new
$750M division combining acquired and existing territory.
CFO, Belgium /Luxembourg (CCE) - Exceeded expected ROI through process
improvement and increased actionable information for this $700M division.
Corporate Management
Finance Director, Business Transformation Initiative (CCE) - Developed
best practices and processes for finance organization, in concert with VP
Human Resources, VP Production and VP Sales and Marketing.
Manager, Consolidations and Reporting (CCE) - Responsible for financial
reporting of Fortune 125 public company, inclusive of new international
acquisition.
AREAS OF EXPERTISE
Process Improvement - Strategy and Execution - Finance Transformation -
Project Leadership
Shared Services Center - Mergers & Acquisitions - Analysis, Planning,
Forecasting - Performance Measurement
Corporate and Operational Financial Management and Compliance - Finance
Transaction Systems
Close and Consolidation - GAAP Reporting - Treasury - Audit - Taxes -
Sarbanes-Oxley (SOX)
PROFESSIONAL EXPERIENCE
AUBURN UNIVERSITY - GRADUATE SCHOOL, Auburn, AL 2009
International Financial Management class focused on international finance
from a corporate treasury perspective. Topics included interest rate
swaps; currency swaps, options, and hedging; and capital budgeting across
multiple currencies.
THE COCA-COLA COMPANY - PROGRAM SCALE, Atlanta, GA, 2008
A global initiative of The Coca-Cola Company, in concert with franchise
bottlers, to provide a standardized SAP template for Coca-Cola bottling
operations worldwide.
Consultant
Provide support to executive management regarding bottler business
processes.
. Proposed global bottler Shared Services Center strategy.
. Provide input to external consulting firms regarding bottler "Record
to Report" stream: Satyam, DataFlo, and Accenture.
. Direct "Record to Report" stream for initial implementation of SAP
model in China.
PERDIDO ELECTRIC COMPANY, Pensacola, FL, 2004-2008
A commercial electrical contracting company engaged in hotel, bank,
apartment and restaurant construction.
President & CFO
Entrepreneurial Venture. Personal Challenge. Sought out and identified
this privately held electrical contracting company engaged in commercial
construction for personal acquisition.
. Changed processes, technology and acquired outstanding talent.
. Implemented 401(k) plan, monitored and managed all risk programs.
. Grew revenues 40% in less than three years.
COCA-COLA ENTERPRISES (CCE), Atlanta, GA, 1987-2004
World's largest bottler of non-alcoholic beverages with annual revenues of
$21B and over 70,000 employees operating in the U.S., Canada, France, Great
Britain, Belgium, the Netherlands and Luxembourg. The company is engaged
in marketing, manufacturing, and distribution of products of The Coca-Cola
Company and other popular beverage brands. Consistently held assignments in
critical problem areas due to ability to identify and execute cost-
effective solutions.
Director, Shared Services Center, Tampa, FL, 2001-2004
Oversaw engagement risk, project planning and budgeting, defining
deliverable content and ensuring buy-in of proposed solutions from C-
level and field client management. Developed culture of Shared Services
Center. Managed evolution of decision support information. Streamlined
and directed new processes to be implemented with ERP (SAP) software.
Held P&L responsibility for $37M budget. Hired, trained and directed a
staff of 165 employees.
. Consolidated accounting functions and streamlined processes (general
ledger, cost accounting for 63 production facilities, fixed assets)
for North American operations ($13 billion in revenues) to new
Shared Services Center in Tampa, FL, eliminating 2,000 positions.
. Negotiated build-out and lease for two 58,000 square foot state-of-
the-art buildings.
. Developed incentive programs to increase productivity of finance
team.
Finance Director - Business Transformation Initiative, Atlanta, GA, 2001
Developed and facilitated best practices and processes for finance
organization and core business while ensuring SEC compliance. Led task
force team reviewing company-wide business processes with VP HR, VP
Production and VP Sales and Marketing. Built team from North America and
Europe.
. Consolidated 22 accounting shops into the Shared Services Center
saving $35M annually.
Finance Director (CFO), Eastern Great Lakes Division, Pittsburgh, PA,
1999-2001
Chief financial executive for the acquired Cameron franchise forming new
Eastern Great Lakes Division with existing CCE territory worth $750M in
revenues. Directed integration and set-up of financial and business
processes. Established organizational structure through hiring and
training to support future acquisition activity. Served on corporate
steering committees for three enterprise-wide projects: E-Commerce, New
Distribution System Technology and Data Warehousing.
. Reduced expenses $185M over five years by restructuring Purchasing
Department (E-Procurement project) through the introduction of
Commerce I (SAP) technology to buy and track purchases.
. Avoided 35% of finance processing costs for the division by
outsourcing.
Director - Project Europe, European Group Headquarters, London, England,
1998-1999
Provided strategic direction for Information Services in Europe,
including Euro currency enablement and Y2K remediation. Managed,
motivated and developed staff of 75 across Netherlands, Belgium, France,
Luxembourg and Great Britain. Worked closely with country management to
deliver software solutions. P&L accountability for project.
. Standardized software and processes for multiple AS400 mid-range and
mainframe computers for easier and less expensive support with short-
term goal of centralizing data center in London and Paris and then
Atlanta.
. Developed ROI methodology and metrics for evaluating and
prioritizing IT investments.
CFO, Coca-Cola Beverages Belgium /Luxembourg, Brussels, Belgium, 1996-
1998
Chief financial executive for acquisition generating $700M in revenue.
Oversaw finance and accounting due to understanding of accounting and
legal ramifications of operating internationally. Developed flexible and
responsive international risk management system that evaluates controls
and measures financial exposure, including insurance coverage and
employee benefits. Managed audits and country reporting. Set financial
and investment targets for approval of the CEO and Board of Directors.
Dealt with tax authority. Held profit and loss responsibility with 5
direct and 55 indirect reports. Responsible for all benefit and risk
programs.
. Saved in excess of $1.5M annually by closing a production facility,
centralizing cold drink service departments and streamlining finance
and accounting processes in the Netherlands and Belgium.
. Exceeded expected ROI, inclusive of Luxembourg bottler acquisition
(valuation, due diligence and integration), by process improvement
and increased actionable information.
Assistant CFO, Coca-Cola Beverages Netherlands, Rotterdam, Netherlands,
1994-1996
CCE's first international expatriate. Responsible for integration of
Finance, Accounting, and Information Systems of this acquisition.
Reorganized and restructured the division for future earnings growth.
Manager of Consolidations and Reporting, CCE Headquarters, Atlanta, GA,
1993-1994
Responsible for consolidations, analysis and reporting of financial and
statistical information for CCE as a whole. Worked closely with
Treasury, Tax, Risk Management, and other corporate departments to
achieve accurate and consistent information reporting
Senior Financial Analyst, CCE Headquarters, Atlanta, GA, 1990-1993
Manager of Financial Analysis, Atlanta Coca-Cola Bottling Co., Atlanta,
GA, 1988-1990
Area Controller, Atlanta Coca-Cola Bottling Co., Atlanta, GA, 1987-1988
DAVIDSON-KENNEDY COMPANY, CFO, Atlanta, GA, 1984-1987
Specialty Equipment Manufacturing Company
RICH-SEAPAC, General Ledger Accountant, St. Simons Island, GA, 1983-1984
Seafood Manufacturing and Sales Company
EDUCATION AND CERTIFICATION
Bachelor of Business Administration - Accounting, Kennesaw State
University, Marietta, GA, 1982
Certified Public Accountant