Douglas A. Hagy, CPA

** ****** ***** ********, ** 44406 T: 330-***-****

ablwrn@r.postjobfree.com

Chief Financial Officer Focus

Accounting Control Corporate Finance Executive Leadership

Highly motivated and experienced Chief Financial Officer with expert

proficiency in leading the corporate finance operations of a complex

industrial manufacturing enterprise. Thorough knowledge of financial

accounting, corporate tax, and funding strategies vital to operational

transparency, fiscal health, and profitability. Comprehensive understanding

of sophisticated accounting treatments with a particular emphasis on

general ledger management, account reconciliations, and budget forecasts.

Influence and persuade through careful negotiation, coordinating

effectively with colleagues to lead a multi-layered business. Analytical

talent and corporate finance management experience transferable to senior

finance positions across multiple industries. Regarded for the ability to

drive processes and motivate teams. Outstanding interpersonal and natural

leadership skills; Certified Public Accountant (CPA). Additional strengths

include:

( Strategic Planning & Change Management ( Client

Collaboration / Leadership Skills

( Capital Budgeting / Project Management ( High-Profile

Management Presentations

( Operational Execution & Efficiency ( Interpersonal

Communication Abilities

( Continuous Process Improvement ( Forecasting / Profit &

Loss Analysis

( Restructurings / Turnarounds ( Problem Solving &

Negotiations

Professional Experience

S.P. COMPANY, Columbiana, OH

Chief Financial Officer (1990-2010)

Excelled as the Chief Financial Officer of a complex industrial

manufacturing holding company that generated up to $40 million in annual

revenues from 85 full-time employees. Primary business centered on steel

manufacturing and custom metal stamping. Oversaw the books and records of

up to twelve subsidiary companies, preparing financial statements (income

statements, balance sheets, statements of cash flows), management reports,

federal and state income tax returns, and budget forecasts. Introduced and

implemented innovative revenue and net income forecasting tools to increase

transparency across the organization and reduce administrative costs by 20%

year-over-year. Elected to serve on the senior executive committee

responsible for the strategic direction of the company's daily operations,

sales focus, and production plans.

. Managed a top-performing team of five senior managers within the

finance department charged with administering the control policies

over the company's entire legal entity structure.

. Developed and maintained long-term funding relationships with large

financial institutions and local commercial banks to ensure available

liquidity and operating capital.

. Secured debt financing utilizing industrial revenue bonds, commercial

real estate loans, and capital expenditure equipment lines of credit.

. Negotiated and managed the company's employee health, property, and

liability insurance identifying the most comprehensive and cost-

effective programs aligned to the organization's needs.

Highlighted Achievements

. Collaborated in the building of S.P. Company's Sales & Operations

Planning (S&OP) infrastructure that achieved a 95% accuracy rate on

six-month sales projections vital to budget planning purposes and

profitability. Analyzed historical customer spends to define a

specific algorithm that drove the calculation engine in the financial

models deployed across the sales team.

o Implemented a precise inventory scheduling function that

increased turnover rates by a factor of six. Increased total

cash availability by over $2 million per year (a 30%

improvement).

o Deployed automated solutions that reduced staff overhead and

overtime costs to minimal levels, enhancing net income margins

by a significant percentage on an annual basis.

o Modernizing efforts enabled the purchasing group to meet

customer delivery requirements ahead of the actual order at the

base product, unit, price, and raw material level unseen prior

to the launch of the S&OP platform.

Douglas A. Hagy, CPA, Page Two

T: 330-***-**** ablwrn@r.postjobfree.com

HIGHLIGHTED ACHIEVEMENTS - CONTINUED

. Negotiated a $5 million line of credit to ensure the future of the

company as a going concern, directing the complete re-financing of the

company's operations within a six-month timeframe.

o Researched and validated the best available solution to generate

consensus from the senior executive committee prior to striking

a final deal

o Enabled the company to respond favorably to a beneficial price

move in the steel market by purchasing the assets and raw

materials required to capture a new market opportunity.

. Managed and coordinated in house cash flow for a plant consolidation

effort that resulted in over $1 million in annual cost savings.

Identified potential efficiencies through a meticulous review of the

company's core business lines and subsidiary operations.

o Presented a strategic recommendation to senior management

focused on rolling three manufacturing facilities into one.

o Five-year endeavor concurrently achieved a 30% increase in

production capacity.

. Designed, developed, and introduced a detailed expense review document

that tracked total expenses incurred on a daily basis. Eliminated a

month-long time lag by issuing the report directly to senior managers,

allowing team leaders to compare budget outlooks with actual current

spending rates.

o Realized over $200K in monthly expenditure saves through the

widespread use of the detailed expense review report.

o Defined a comprehensive audit process that proved invaluable to

the negotiations process with the company's primary lender.

Accuracy of information provided critical stability during a

volatile period in the company's revenue cycle that led to the

final funding approval.

Early Career Experience

HILL, BARTH & KING, CPA'S, Boardman, OH

Accountant (1986-1990)

Completed federal, state, and local tax returns for enterprise clients of a

private accounting firm based in northern Ohio. Developed and maintained

client relationships covering companies engaged in the manufacturing,

business services, and non-profit industries. Conducted detailed audits to

ensure full regulatory compliance to U.S. commercial law. Led business

development efforts to expand the company's reach to new customer segments.

Education & Certification

CLARION UNIVERSITY, Bachelor of Science in Business Administration,

Clarion, PA

Coursework emphasized corporate finance, accounting, and general management

Professional Certification: Certified Public Accountant (CPA) - Ohio #21636

(1991).

Memberships & Affiliations

American Institute of Certified Public Accountants

Ohio Society of Public Accountants

Computer Skills

Computer: Microsoft Excel (Advanced User), Word, PowerPoint.

Visual Manufacturing Information Systems Platform.

Contact this candidate