A. RONALD KAZLO, MBA, CPA.
**** **** ******* ***** ********* Heights, Illinois 60004
Home: 847-***-**** Cell: 847-***-**** E-mail:
******@*******.***
CAREER SUMMARY
An operationally-oriented financial manager skilled in reporting,
planning/budgeting, financial analysis, restructuring, cost reduction, cash-
flow management, acquisitions and divestitures, process re-engineering, and
performance measurement. A proactive business partner known for results-
oriented leadership and consistent contributions to profitability and cash
flow. Highly effective in building and leading teams that produce sustained
improvements in service, profitability, and working capital.
BUSINESS EXPERIENCE
INDEPENDENT CONTRACTOR
October, 2008 to Present
Financial Consultant
Performed accounting, credit/collections, tax, and project work for several
small proprietor-owned distributors and contractors and assisted UpTime
Parts through its year-end close and audit. Served as Interim Controller
for a water utility and a start-up pump manufacturer.
UPTIME PARTS, LLC.
November, 2001 to September, 2008
Controller / CFO
Formed and staffed the Finance and IT groups for this "start-up" truck
parts distributor that grew sales over seven years from a U.S. based $8
million business into a multi-national $54 million business. Served as
financial analysis and planning function.
. Transitioned and initialized financial systems from former bankrupt
company within one week.
. Implemented systematic cycle count program, which, in its second year,
had yielded such accuracy that subsequent physical inventories were
deemed unnecessary.
. Co-led the integration of three aftermarket parts operations from
related OEM truck and body manufacturers.
. Closely monitoring monthly and quarterly cash flow, instituted ACH
wire transfer "drafting" process throughout two dealer networks, which
brought company's overall DSO down to a consistent 20 days and past
due percentage of 10-12%.
PRICEWATERHOUSECOOPERS, LLP.
1999 to 2001
Senior Manager Mergers &
Acquisitions Risk Services Practice
Planned and managed several consulting engagements involving integration of
client acquisitions and participated in the financial and operational
"carve-out" of Agilent Technologies from Hewlett Packard.
ACCO NORTH AMERICA (now ACCO Brands)
1992 to 1999
Vice President - Finance
As a key member of the North American Leadership Team that formed the $400
million ACCO USA organization and grew it into ACCO North America, a multi-
national $1 billion office products company. Implemented financial
strategies to support the company's operating plans and address information
technology, cost, profitability, productivity, and cash flow issues.
. Led or participated in directing five restructuring initiatives,
including three plant closings and the phased transfer of proprietary
tooling to Taiwanese contract manufacturers - yielding, in total,
annual cost savings of $28 million through reduced fixed cost
structure and asset investment.
. Directed legal, tax, and financial requirements to start-up an $80M
Mexican "maquiladora" operation.
. Developed concept for and implemented a Returned Goods Repackaging
Center that resulted in $300,000 savings in scrapped product and
freight/handling costs.
. Achieved synergies of $8 million annually by leading or co-leading
teams that successfully integrated five "bolt-on" business
acquisitions.
. Streamlined inventory controls and production reporting processes
across five plants and three distribution centers eliminating $1.4
million, or 3%, of a chronic inventory shrink.
. Directed the conversion of financial systems to Y2K compliant
software, Oracle.
20TH CENTURY COMPANIES / MOEN, INC.
1990 to 1992
Vice President - Finance
Directed finance and accounting controls, systems, and reporting for this
plumbing products and parts subsidiary comprised of four plants and six
distribution centers. In 1991, the company was merged with Moen Inc., a
leading $500 million faucet manufacturer.
. Achieved a 30% improvement in past due receivables and reduced
headcount by consolidating several credit and accounts receivable
functions, saving $150,000 annually.
. Successfully integrated financial reporting and accounting systems of
four independent companies into a single general ledger/accounts
payable system configured as a relational database.
. Co-led with marketing and operations an inventory reduction and SKU
rationalization initiative that reduced inventories 24% in value and
improved turns 45% during a nine-month recession.
RUST- OLEUM CORPORATION 1984 - 1990
Corporate Controller
Responsible for strengthening internal controls and supporting management
with pertinent financial/operating information and analysis to enhance
profits, cash flow, and return on investment for this $150 million paint
and specialty chemical manufacturer. Managed a staff of 27.
. Stimulated value-analysis thinking and expanded cost accountability by
designing and implementing an "activity-based costing" methodology for
costing products and services.
. Reduced past-due receivables from 22% to 8%, the lowest percentage in
the hardware industry.
. Enhanced the knowledge and accountability of operating managers by
instituting a "tracking report" format for the reporting of revenues,
gross margins, manufacturing variances, and related key financial
measures.
. Developed a quarterly review and rolling forecast process for sales
and other financial measures within the business, significantly
improving the accuracy of financial and production forecasts and
customer service levels.
BAXTER INTERNATIONAL 1976 - 1984
Controller Respiratory Therapy Division
(1983 - 1984)
Established a finance department. Created, implemented, and managed all
accounting policies, systems, and controls for this newly created home
respiratory health care division. Instituted Medicare and Medicaid billing
processes over 36 domestic home health care centers.
Manager Financial Analysis Medical Products Division (1979 -
1983)
Managed financial planning, control, and business unit analysis for a $185
million division with eight distinct business units, four specialty sales
forces, and three manufacturing plants.
Audit Manager Corporate Audit
(1978 - 1979)
Managed operational reviews and audits, which yielded demonstrated cost
savings in traffic, order-entry, relocation practices, sales returns, scrap
control and recovery, material handling, and rework practices.
Senior Operations Analyst Corporate Profit Planning
(1976 - 1978)
Participated in developing strategic/operational plans for European
operations encompassing capacity planning, transfer pricing, and pro-forma
P&Ls by subsidiary and product line.
EDUCATION
Master of Business Administration - Finance - Kellogg Graduate
School - Northwestern University
Bachelor of Arts - Economics and Accounting - Carthage College
Certified Public Accountant - State of Illinois
Revised & Approved
05/26/99