Jim Immitt, MBA
**** ********** *****, ******, *****, 78749
Cell: 512-***-**** e-mail: abldf8@r.postjobfree.com
Finance Controller
Finance management professional that leverages the power of leading finance
teams that partner with operations management to drive increased
profitability. Communicates clearly to drive informed business decisions by
converting data into information. Strategically focused and detail
oriented. Highly analytical planning, forecasting, and budgeting expertise.
Takes active interest in the success of subordinates. Proactively seeks
opportunities for process improvements that increase efficiency, alignment,
and the bottom line.
Key Accomplishments
. Finance lead on management team that drove business decisions
resulting in improved division performance from breakeven to a
consistent 10-15% profitability level and positive economic value
added (EVA) for a $250 million revenue per year embedded processor
division. Owned development and implementation of finance planning and
analysis process to quantify R&D and Marketing investment decision
making.
. Co-led SAP Controlling Module implementation team of 22 people that
gathered business requirements, designed and tested solutions, trained
internal customers, and successfully executed go-live on time and
within budget across multiple geographies.
Experience
World Industrial Minerals, Gillette, Wyoming 2/10-
present
Exploration Geologist: uranium exploration, contract consultant. Log
drill samples for lithology and alteration, interpret geophysical data
(SP, Resistivity, Gamma, Prompt Fission Neutron), plan ongoing
drilling.
. Created and used grade-thickness contour maps, isopach maps, reduction-
oxidation boundaries, and cross-sections to increase inferred and
indicated resources.
. Consolidated and interpreted geologic and geophysical data from drill
program to model roll front morphology and identify additional
drilling targets.
Freeport McMoran Copper & Gold, Henderson Mine, Colorado 5/08-9/09
Accounting Manager: Led team of 5 people driving budgeting and
forecasting, accounting close processes, audit & SOX compliance, and
business planning for an operation of 700 people with operating costs
of $360MM/year and revenues of $1.2B/year.
. Co-developed financial plans with operations management that ramped or
curtailed production in response to molybdenum market conditions.
Included analysis and justification of capital spending.
. Led timely and accurate monthly closes, coordinated internal and
external audits for successful completion ensuring consistency with
GAAP, SOX, and company policy.
. Delivered hiring plans to maintain adequate staffing level within
budget & profitability constraints.
Health & Human services Commission, State of Texas; Austin, TX.
5/07-4/08
Finance Manager: Led team of 7-8 people owning budget planning &
management, as well as Federal & State funding coordination for
Commission's Information Technology Divisions with 320 people & budget
of $100MM+/year.
. Optimized use of limited funds by tracking and reviewing actual
spending vs. budget.
Advanced Micro Devices (AMD); Austin, Texas; Semiconductor Industry
11/91-02/07
Finance Controller and Marketing Operations Manager
6/97-2/07
Led teams of 3-22 people and drove business decisions with timely and
accurate financial analysis.
. Moved new $120MM per year product division in the embedded processor
business towards profitability; included analysis of acquisition
viability and recommendation of offering price.
Resume for Jim Immitt (page 2 of 2)
Cell: 512-***-****
. Ensured accurate monthly and quarterly reporting aligned with GAAP
and SOX and managed interaction with internal and external audit
teams to pass compliance testing.
. Co-led Controlling Module Team of 22 people on successful worldwide
SAP software implementation. Delivered SAP Cost and Profit Center
Accounting on time and within budget.
. Developed and effectively facilitated communication and budgeting
processes across worldwide marketing to maximize asset leverage
and optimize the application of marketing resources.
. Documented processes and revised the Global Sales and Marketing
Playbook, the "how to" guide for AMD Marketing Planning focused on
global alignment and efficient use of limited resources.
Finance Manager 05/94-
5/97
Led finance team of 3 in business partner role with product division
management to optimize profitability.
. Evaluated financial performance of new product proposals and future
manufacturing processes and recommended choices to management to drive
revenue growth and increase efficiency.
. Controlled inventory and inventory valuation. Determined inventory
reserve position. Recommended actions for improvement that limited
exposure and minimized risk.
. Led finance recruiting and hiring program. Hired several new people
that were motivated to grow their careers at AMD.
Financial Analyst
11/91-04/94
. Controlled, summarized and analyzed semiconductor manufacturing
expenditures to understand variances, recommend actions to address
issues, and stay within budget.
. Developed and implemented accurate wafer cost and expense forecasting
models in a coordinated effort with operations management. Drove
pilot Activity Based Costing (ABC) program in manufacturing to provide
increased visibility to cost drivers and improve costing accuracy.
Other Experience
Hewlett Packard Company; Colorado Springs, Colorado 06/89-
10/91
Financial Analyst, engineering test hardware manufacturing
Chevron REsources Co.; Colorado, Maine, and Chile 11/81-
07/87
Exploration Geologist, metal exploration
Education
. MBA, concentration in finance, The University of Texas at Austin.
Awarded Charles N. Prothro Centennial and Jack G. Taylor Endowed
Presidential Scholarships. GPA = 3.89/4
. M.A. Geology, The University of Texas at Austin, graduated with
honors. Coursework & thesis emphasized hydrothermal alteration &
mineralization. GPA = 3.86/4
. B.S. Geology, State University of New York at Stony Brook, graduated
as valedictorian in geology class of 50. Elected to Phi Kappa Phi and
Sigma Xi honor societies. GPA = 3.66/4
Computer Experience
. Software: SAP, PeopleSoft, Hyperion, Business Objects, Windows, MS
Office Suite, IFPS, LINDO, SAS, PERT/CPM, QUIZ
. Hardware: IBM Compatible and MAC PCs, HP 3000 & 9000, IBM 3081D, VAX
11/780
Language
. Conversant in Spanish.