Post Job Free
Sign in

Sales Manager

Location:
Northville, MI, 48168
Posted:
March 26, 2010

Contact this candidate

Resume:

Robert K. Holshouser

***** ********** ***** 248-***-****

Northville, Michigan 48168 abm1eo@r.postjobfree.com

Dear Recruiting Officer,

Please consider me for the position of Controller for Valenchis in Royal

Oak. The position requirements are consistent with skill sets that I have

developed and applied in positions in the automotive industry within Ford,

Visteon, and Automotive Components Holdings, LLC.

From 2003 through 2008, I was Divisional Controller for the Glass Division

within Visteon and ACH (plus Aftermarket Operations in Visteon). As

finance leader for this separate business unit serving automotive OE,

Aftermarket and non-automotive markets, I applied leadership skills to help

drive the distressed unit towards profitability, achieving a before-tax

profit in 2007. Skills I have developed are transferable to the new

position, in a multi-location company that has breadth of product, breadth

of industry, and geographic diversification that could offer me ample

opportunities to continue to enrich my leadership, financial, and strategic

skills.

For the past three years, one of my primary roles was to divest the Glass

business. We accomplished that goal earlier this year, after several

rounds of due diligence and numerous negotiations with several prospective

buyers. After the sale, I agreed to remain with ACH (the selling company)

until year-end, fulfilling a role as transition leader for the business.

This role is concluding at the end of this 2008. Last year, I performed

due diligence and valuation consulting work for a local investor eying the

automotive industry, working on projects addressing companies in the US and

Europe.

Throught the sale process of the Division (which resulted in high turnover

of the salary ranks), as a consultant, and in various analytical jobs in

Ford and Visteon, I have proven myself as a "roll-up-the-sleeves" manager --

sometimes large organizations like I have worked for develop professional

managers who forget that they need to work too. I am a hard-working,

driven, analytical manager.

A role as Controller includes four primary missions, which I have

demonstrated proficiency in - ensuring effective controls over accounting

and asset management, ensuring accounting integrity, performing robust

financial analyses, and communicating to operational management the results

of these analyses help them make excellent decisions. As Controller, as

demonstrated by my recent experiences, I would take an active role in the

decision making process (not simply providing data) and would establish

realistic, challenging goals to drive organizations towards tactical

solutions that support corporate strategic plans and ultimately enhance

shareholder value.

In this challenging economic environment, it may be necessary to undertake

significant structural changes in order to survive and prosper. Toward

this end, my experience in operational restructuring and strategic asset

acquisitions and divestitures may be of value to your management team.

Sincerely,

Robert K. Holshouser

abm1eo@r.postjobfree.com h) 248-***-****

Robert K. Holshouser

16426 Winchester Drive 248-***-****

Northville, Michigan 48168 abm1eo@r.postjobfree.com

OVERVIEW

Senior finance leader with diverse experiences in global manufacturing,

product development and sales operations. Noted for attention to detail

and collaboration with operational managers in developing strategic plans,

establishing key performance measures, promoting budgetary compliance, and

achieving operational goals. Internal Audit experience reinforces a

process and control-driven management style. M&A and venture experiences

fortify enterprise-level outlook and contract awareness. Key skills and

proficiencies include:

( Manufacturing and Sales ( Expense and Product ( Acquisitions and Joint

Reporting Costing Ventures

( Budget and Business Plan ( Strategic Plan ( Due Diligence

Modeling Development

( Multi-site Consolidation ( Internal Control and ( Discounted cash flow

Audit valuation

( Inventory Controls & ( Collections and ( Contract negotiation,

Valuation Receivables compliance

PROFESSIONAL EXPERIENCE

Consultant to REVSTONE INDUSTRIES LLC Southfield, Michigan 2009

Private Equity firm - Revstone invests in and transforms distressed

manufacturing businesses.

FINANCIAL CONSULTANT (outside service provider)

Conducted due diligence and valuation analyses to support

acquisitions of manufacturing operations in North America, Europe, and

Asia. Assessed financial and operational data, prepared analyses for

financing packages, and supported opening balance sheet development.

AUTOMOTIVE COMPONENTS HOLDINGS, LLC Allen Park, Michigan 2005-2008

ACH was a Ford-managed company created to sell plants that were

previously spun-off to Visteon.

DIVISION CONTROLLER / CFO, GLASS BUSINESS UNIT, 2005 - 2008

Managed Finance and Accounting for a ~$500 million Glass Business,

with five locations serving three business segments (Automotive OE,

Aftermarket, and Commercial Glass). Developed budgets, business plans and

performance reports and coordinated the internal control program for

ongoing business while supporting the sale of the business unit.

Established pricing, evaluated capital expenditure requests, evaluated

cost variances, calculated reserves such as obsolescence, bad debt, and

warranty, pursued collections from non-automotive customers, established

cost improvement goals and action plans, and reported revenue, expense,

and profit results to divisional and corporate management.

. Marketed and sold the Glass Business to a private investor after

preparing financial and operational input for offering memorandum;

collecting, organizing and testing due diligence data and industry /

competitive analyses; and representing operations in strategic and

financial discussions with four potential buyers.

. Championed projects for two ~$30m rebuilds of float glass furnace

lines, including strategic and financial analyses, approvals,

procurement contracts, and project control.

. Planned and executed restructuring actions allowing Glass to earn a

profit in 2007 after several years of losses; actions included

consolidation of redundant capacity, elimination of low margin

products, and relocation of a distribution facility from Michigan to

Tennessee.

. Oversaw transition of Finance/Accounting processes to investor after

sale of the business in 2008

o Developed and deployed processes to split cost, revenue, and cash

from corporate systems and participated in design and negotiation of

transitional services agreement for Finance/IT systems.

o Reconciled an aged receivable account, resulting in recovery of

$1.5m of spin-off related expenses.

o Advised buyer in business processes and supported planning of

migration to new ERP system.

VISTEON CORPORATION Van Buren Township, Michigan 2000-2005

Visteon was an $18B global company formed by a 2000 spin-off of Ford

component businesses.

CONTROLLER, GLASS & AFTERMARKET OPERATIONS, 2003 - 2005

Initially Finance leader for $600m Glass Division, a public company

reportable segment. Role expanded to include Finance and Accounting for

both Glass Division and the North American Aftermarket Business Unit -

together over $1B in annual sales.

. Consolidated and assessed comprehensive strategic plan for Glass,

confirming viability as an entity and supported with actionable items,

including capacity consolidation to achieve fixed cost reduction.

. Championed relocation of aftermarket warehouse from Michigan to

Tennessee, saving $2.5m per year.

. Designed graphical reports and improved processes to address late

customer payments, resulting in reduction of average receivables by $3

million.

. Integrated aftermarket sales organization into Glass Operations for

improved effectiveness.

. Enhanced product reporting (by product, product group, and by customer

group) within Aftermarket and chaired strategic reviews used to

identify growth businesses vs. opportunities for divestiture,

resulting in sale of certain businesses.

DIRECTOR, INTERNAL AUDIT, 2001 - 2003

Reporting to General Auditor, directed internal audit staff for

global company. Managed the planning, execution, reporting, and follow-up

testing for location and process audits and fraud investigations.

. Coordinated the selection of an audit partner and led migration from

outsourced to co-sourced model.

. Launched workpaper database and reporting mechanism, improving audit

efficiency.

. Authored Audit Committee reports about risk assessment, audit plans,

findings, and corrective actions.

. Developed and deployed company-wide "core Finance competencies" for

use in personnel development, performance measurement, and

recruitment, deployed globally within Visteon Finance.

DIRECTOR, MERGERS AND ACQUISITIONS, 2000 - 2001

Reported directly to CFO of Visteon Corporation, managed Visteon's

M&A Finance Department immediately after separation of Visteon from Ford.

. Oversaw analysis, negotiation and execution of acquisitions and

divestitures including purchase of aftermarket remanufacturing

business, sale of restraint electronics, and intellectual property

licensing for key technologies such as speech recognition.

. Modeled synergy analyses and strategic/financial analyses for several

potential Joint Ventures, acquisitions, and divestiture opportunities

within the USA, South America, Asia, and Europe.

. Designed and documented the corporate process for buying or selling

business units, addressing idea proposal and management approval, due

diligence, deal closure, and post-closing integration or business

divestiture execution.

FORD MOTOR COMPANY Dearborn, Michigan 1989 - 2000

DIRECTOR, FINANCE, BUSINESS DEVELOPMENT, and IT, 1998 - 2000

Atlantic Automotive Components (Joint Venture 70% owned by Ford in Benton

Harbor, Michigan)

Responsible for Finance, Accounting, and Sales within a plastics Joint

Venture. Prepared and presented financials to Board of Directors

comprised of representatives from Ford and Venture Plastics.

. Quantified price proposals and managed sales team that established a

new product line.

. Won new business to double revenue from $50m to $100m, requiring

launch of a 2nd manufacturing site. Worked with state and local

agencies to obtain incentives for site within an "empowerment zone".

ANALYST, M&A FINANCE, 1998

ANALYST, INTERNATIONAL FINANCE, 1997

Performed analyses related to potential spin-off or merger of

component supply operations from Ford prior to spin-off of Visteon to Ford

shareholders. Assessed Affiliation/Joint Venture proposals, developed

capital plans, and negotiated operating agreements with venture partners.

. Acquired two components plants in Poland, after providing financial

modeling and negotiating support.

. Prepared Excel valuation models and business plans used to establish a

climate joint venture in China and acquisition/expansion of a

components JV in Argentina. Oversaw post-closing true-ups.

. Oversaw financial decision-making for various joint ventures,

coordinated the financial and accounting reports to Directors, and

managed the consolidation and equity reporting into corporate

financial systems.

SUPERVISOR, CAR PRODUCT DEVELOPMENT FINANCE, 1991 - 1996

. Supervised profit & cost analysis teams for 1996 Taurus/Sable

Freshening Program.

COST ANALYST, Transmission and Chassis Division, 1989 - 1991

. Performed product cost analysis for chassis components and transmission

programs, including Bill of Material cost tracking, change control,

make-vs-buy analyses, benchmarking and establishment of affordable cost

targets.

GENERAL MOTORS CORPORATION Shreveport, Louisiana Assembly Plant 1980 -

1987

MANUFACTURING PROCESS ENGINEER, Body and Trim, 1985 - 1987

CO-OP STUDENT, 1980 - 1985

EDUCATION

IESE UNIVERSITY OF NAVARRA Barcelona, Spain Senior Management

Program

UNIVERSITY OF CALIFORNIA, BERKELEY, California MBA, Finance and

Strategy

GMI ENGINEERING & MANAGEMENT INSTITUTE, Flint, Mich. BS, Mechanical

Engineering



Contact this candidate