Milan Michael Milivojevic, CPA
Carmel, IN 46032
abl628@r.postjobfree.com ( mobile 317-***-****
Chief Financial Officer
Business executive with hands on expertise in privately held and private
equity owned companies with sales to $200M and 700 employees. Significant
experience with directors, shareholders, capital providers, budgeting,
forecasting, financial reporting, cost reductions, human resources, ERP
systems implementations, business development, international sales and
operations. Led teams in rapid growth and turn-around situations. Big 4
and Fortune 500 experience.
Core competencies include:
Forecasting & budgeting Capital creation Technology integration
Contract negotiation New business development
Cash management Insurance/risk manager
Cost accounting Operations management
Financial reporting Systems implementation Process improvements
Career Experience
CHIEF INFORMATION OFFICER AND CONTROLLER-POLYMER TECHNOLOGY SYSTEMS, INC.,
INDIANAPOLIS, IN ($20M MEDICAL DEVICE MANUFACTURER AND DISTRIBUTOR WITH 100
PEOPLE GLOBALLY) 2009 TO PRESENT.
Responsible for the Information Systems, Budgeting, Forecasting, Inventory
Management, Accounting, Treasury, Human Resources, Risk Management, and FDA
internal procedures development.
. Developed a head count reduction with the team; adjusted staff by 20%,
developed revised forecasts in 30 days, and stabilized cash flow.
. Discovered borrowing base additions and net income improvements of
$2.5M resulting from inventory re-valuations, project cost
capitalization, workers compensation classification changes, health
insurance restructuring, and credit card vendor fee negotiations.
. Designed FDA complaint automated data systems for Quality Assurance
and Quality Control.
. Leading MRP system implementation (MAS 500), standard costing, and
user training.
. Upgraded EDI software to facilitate transaction processing with Wal-
Mart, CVS, and Rite Aid.
Business Development Director-Indiana Mills & Manufacturing Inc.,
Westfield, IN ($140M tier one manufacturer and distributor of heavy vehicle
safety systems with 700 people globally) 2007 - 2009
Established a new product segment to expand upon the legacy business of a
commercial truck and heavy equipment, occupant protection systems
engineering and manufacturing company.
. Evaluated global markets, created strategies, and implemented an
integrated suite of advanced technology crash avoidance systems with
two year revenues of $10M.
. Led product design and completed strategic relationship with
Continental AG.
. Prepared strategic and business plans, forecasts, capital needs, and
pricing strategies.
Chief Financial Officer-The Blakley Corporation, Indianapolis, IN ($60M
privately held commercial and retail contractor and fabricator with 400
employees) 2005 - 2007
Full responsibility for the Financial, Information Technologies, and Human
Resources of a 105 year old company portfolio in retail, architectural
construction and wholesale distribution.
. Restructured bank lending agreements; doubled credit availability,
increased working capital 30%, and improved cash flow by 20%.
. Reviewed, prepared, and analyzed consolidated financial reports for
five divisions.
. Responsible "hands on" for all forecasts, budgets, board meetings, and
finance.
. Generated cash flow savings over $1M and P&L improvements of $600K in
first year.
. Recovered $200K in over paid sales taxes and generated 5% gross profit
improvement.
. Analyzed and restructured operations and sales processes; improved
gross margins by 5%.
. Managed the legal affairs concerning the business and human resources.
. Managed foreign currency hedging and forwarding for European and
Chinese purchases.
Chief Financial Officer-Transportation Safety Technologies Inc.,
Indianapolis, IN ($20M tier 1 truck electronics manufacturer and
distributor with 150 employees) 2001 - 2005
Hired by a private equity firm to lead a turn-around situation.
Responsible for Accounting, H/R, and I/T. Stabilized cash flows,
restructured facilities, supported M&A, and added the first MRP system.
. Led post acquisition employee integration into a new organization.
. Prepared all consolidated financial reports, budgets, and monthly
forecasts for holding co.
. Within 60 days of hire, rationalized capacity and closed a primary
manufacturing facility.
. Planned and implemented an ERP system conversion (Made2Manage)
. Restructured the company benefits plans. Created company HR policies
for parent and subsidiary.
. Assumed VP Sales role, reorganized sales team, developed sales
strategies and tactics, and grew targeted product sales from $300K to
$2M in 18 months.
Chief Executive and Chief Financial Officer -Design Craftsman, Midland, MI
($25M engineered products contractor and fabricator with 150 people) 1995 -
2001
Full P&L responsibility for an ESOP owned, international creative company
and custom exhibit and attraction designer, manufacturer, and contractor.
. Led a 250% increase in revenues in 4 years from $10 to $25M in a 30
year-old organization. Tripled net income from a 26 year average of
2.5% to 7.5%.
. Completed post acquisition employee integration into a new
organization. Revised capital structure, raised $5M in municipal bond
financing, and financed a 66% ESOP buyout.
. Led the board of directors; provided strategic plans, annual business
plans, and financial results.
. Established a global sales team and created new markets for existing
goods and services.
. Closed significant transactions with customers in China, Malaysia,
Saudi Arabia, and UK.
. Negotiated agreements globally in sales, finance, construction, union
contracts, and insurance.
. Implemented strategic planning, budgeting, Internet, e-commerce, and
business planning.
. Increased gross profit by 5% by successfully challenging Michigan
sales tax regulations.
. Managed the installation of an ERP and project cost system (Syteline).
Chief Financial Officer-Metro Metals Corp. Portage, IN (Metal service
processor with slitting, tension leveling, and blanking with over 300
employees and $200M in volume) 1994 - 1995
Managed all Capital, Financial, Accounting, Legal, H/R and I/T activities.
. Restructured, improved terms and rates for an $18M comprehensive
credit facility.
. Financed a $35M production facility purchase from AK Steel with
private and public equity.
. Secured economic incentives from the states of Indiana and Michigan.
. Directed labor contract strategy and negotiations with the
Longshoreman's local.
Controller-Cadence Environmental Energy, Inc. Michigan City, IN (an
environmental services company with 150 people and sales in excess of $40M)
1989 - 1994
Responsible for all Financial, Accounting, Legal, Treasury, I/T,
Purchasing, and H/R functions.
. Managed and accounted for technology license agreements with global
materials companies.
. Structured and negotiated the divestiture of a $50M subsidiary to a
NASDAQ company.
. Created systems and processes to support a 10X growth in sales from
$4M to $40M in four years.
Controller-Spartanics Ltd., Rolling Meadows, IL (capital equipment and
defense electronics manufacturer with 100 people and $15M in sales). 1985 -
1989
Responsible for all Accounting, government contract financial information,
and employee benefit plans.
Senior Auditor and Consultant 1983 - 1985 GTE
Corporation, Des Plaines, IL
In-Charge and Staff Auditor 1981 - 1983 Kemper
Group, Long Grove, IL
Staff Auditor 1980 - 1981
Peat, Marwick, Mitchell & Co., Chicago, IL
Education & Certifications
. BS ACCOUNTING, VALPARAISO UNIVERSITY
. State of Indiana Licensed CPA
. Northwestern University Kellogg School Executive Scholar