Manager Project

JEFFREY J. GILGENBACH, CPA

*** ********** **** **** 334-***-****

Dothan, Alabama 36305 *****@*********.***

EXECUTIVE FINANCIAL MANAGEMENT

Financial executive possessing (CPA and MBA) with broad-based experience in strategic planning,

financial administration, and IT project management. A demonstrated track record of enhancing reporting

systems, designing cost systems and ensuring integration of business process improvements. Contributed

to successful formation of joint ventures and key member of due diligence teams. An analytical

individual who provides insightful and profitable financial advice leading to multi-million dollar cost

savings. People management skills capable of molding and guiding teams to successful project

completion on a timely basis.

EXPERIENCE

BMSI & DUNBARTON CORPORATION 2004-Current

$44 million building material supply company for commercial and residential markets

Chief Financial Officer – BMSI & Dunbarton (Dothan, AL) 2008 – Current

Directed financial responsibilities for Dunbarton and BMSI, strategic planning for BMSI

• Led profit improvement initiatives saving $4.7 million.

• Championed working capital reduction programs using lean initiatives improving cash flow over $1.5

million.

• Assisted in negotiations, led due diligence efforts and negotiated financing for a $4 million acquisition.

Chief Financial Officer - Dunbarton (Dothan, AL) 2006-2008

Directed accounting, information technology, credit, payroll and human resources.

• Handled Human Resource responsibilities during a management transition.

• Negotiated $500 thousand leasing contracts with best in class rates in our company.

• Renegotiated line of credit obtaining $2 million increase, lower rate, and lower fees.

Vice President of Finance – Dunbarton (Dothan, AL) 2004-2006

Directed accounting, information technology, credit and managed a staff of fourteen.

• Completed ERP implementation requiring change management skills to successfully finish the project.

• Revised incentive systems assisting in driving top line growth by 5%.

• Added features to company 401k plan to improve participation and flexibility.

ELECTROLUX HOME PRODUCTS 2001-2004

$5.0 billion consumer appliance and outdoor lawn product manufacturer

Finance Manager – Special Projects - Corporate Headquarters (Augusta, GA) 2003-2004

Led financial system improvements, built cost and asset tracking systems for Mexican plant being constructed.

Managed financial project team of three internal financial managers and three external consultants.

• Led design study of General Ledger, Accounts Payable and Accounts Receivable to the latest version of

PeopleSoft JDEdwards Enterprise 1 software for a Shared Service operation.

• Managed the quarterly and annual planning by product line for a $3.2 billion company.

Director of Finance/Accounting - Poulan WeedEater Division (Nashville, AR) 2001-2003

Directed accounting for three manufacturing sites, a warehouse operation and an R&D center for $550 million

consumer outdoor product manufacturer and leading chainsaw producer. Led a staff of fifteen.

• Managed division wide cost reduction program verifying savings and obtaining goal of $21 million of savings.

• Led the accounting and finance departments in cost reduction efforts netting $1.1 million of savings.

• Improved cash management by increasing cash discounts taken on payables netting lower costs of $600 thousand

annually.

• Led the upgrade of JDEdwards ERP system improving business processes and information.

JEFFREY J. GILGENBACH, CPA Page 2

BFGOODRICH – GEON COMPANY (spin off from BFGoodrich) 1986-2001

$3 billion aerospace, specialty & commodity chemicals company

Director of Operations Finance (Dallas, TX) 1999-2001

Directed financial accounting for ten manufacturing plants for the largest PVC supplier ($1.9 billion) in North America

while developing reporting models that improved consistency and leading to significant cost savings.

• Integrated two SAP financial systems with no month-end closing delays and accurate financial results.

• Enhanced management cost reporting system to help attain synergies and cost reductions of $47 million.

• Consolidated international financial accounting administration saving $75,000 annually.

• Managed staff of 15+ including ten plant controllers, cost manager, and cost analysts.

Business Unit Controller (Houston, TX) 1993-1999

Managed the business planning responsibility for a $300 million division involving industry capacity analysis, cost

curve estimation, supply chain portfolio decision support, and project construction accounting for a new plant.

• Served on a team that successfully negotiated a multi-year contract capturing an annual savings of $20 million.

• Contributed to the success of a $160 million joint venture with Olin taking on role as lead economic advisor.

• Appointed to management board for a $160 million chlor-alkali joint venture with Olin named Sunbelt.

• Assisted treasurer in evaluating project financing alternatives and structures for Sunbelt joint venture financing.

• Increased sales by $5 million through a product cost study that identified strategic pricing initiatives.

• Directed a duty-drawback recovery effort that obtained a $650,000 refund from U.S. Customs.

Plant Controller and Accounting Manager (Houston, TX) 1991-1993

Supervised a staff of seven directing their efforts in financial and cost accounting, budgeting, and accounts payable for

a $300 million division of BFGoodrich.

• Improved morale during a period of staff turmoil and reduced overtime by 50%.

• Directed a sales tax recovery program netting a refund of over $400,000.

Senior Financial Analyst (Bath, OH) 1986-1991

• Enhanced reporting and developed various planning models for a $3 billion company.

• Conducted analyses on aerospace and specialty chemical acquisitions candidates using ROI based models.

• Acted has a financial expert defending company from supplier lawsuit.

• Designed and implemented a strategic planning system for a $20 million startup.

Early career positions with Ridgid Tool Div. of Emerson Electric and Bendix Corp (Elyria, OH) 1979-1986

Senior Financial Analyst, A/P Project Leader (Ridgid Tool – pipe tool mfg) and Budget Accountant, Cash Accountant

(Bendix Corp Heavy Vehicle Braking Systems Division).

EDUCATION

Masters of Accountancy, Auburn University – Auburn, Alabama Projected Graduation December 2012

M.B.A., Case Western Reserve University - Cleveland, Ohio March 1983

B.S. in B.A. Accounting, Bowling Green State University - Bowling Green, Ohio June 1979

CERTIFICATION

CPA - Passed test on first attempt, active license in Ohio and Alabama

RECENT PROFESSIONAL DEVELOPMENT

Lean Accounting Summit – 2005, 2006, 2007 & 2008

International Financial Executive Leadership Forum – AICPA 2008

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