Glen E. Meinecke, CMA
**** ********** ***** ********* ? Carmel, IN 46032 ? 317-***-**** ?
abm6gn@r.postjobfree.com
http://www.webprofile.info/gmeinecke/
COO / CFO
Entrepreneurial-minded, senior executive with extensive experience leading
all facets of business/financial operations and development across diverse
industries-generating millions of dollars to top and bottom lines.
Successful directing high-powered finance, accounting, and operational
teams that collaborate as focused units to achieve aggressive business
goals. Particularly effective leveraging board/stakeholder relationships,
system/process improvements, and negotiation skills to maximize performance
and ROI across operations. Passionate and proven leader with strong
commitment to promote culture of growth, partnership, and seizing business
opportunities thought to be impossible. Serve as catalyst in change
management, aligning and leveraging cross-functional disciplines to deliver
efficiencies and bottom-line results. Highly capable of thriving in
different business venues with strong track record applying financial
administration skills in multiple industries.
Core Leadership Competencies
Financial & Operations Management Team Leadership & Collaboration
Treasury & Investment Portfolio Joint Ventures / Partnerships /
Management Acquisitions
Business Restructurings & Process & Performance Improvements
Reorganizations
Board Relationship Management Financial Administration &
Reporting
Professional Experience
EQUICOR COMPANIES - Indianapolis, IN 2003-Present
An entrepreneurial commercial real estate holding company with up to $125
million in total assets.
COO / CFO
Selected to manage financial and business operations supporting the
expansion of investment portfolio to $250 million in total assets including
private equity investments. Oversee mid- to large-scale land development
and construction projects throughout Indianapolis business community.
Install financial management systems. Recruit and manage top-talent
industry experts. Improve both tax efficiency and compliance standards.
Selected Achievements
. $100+ million representing 400% growth for investment portfolio achieved
by building and leading entrepreneurial culture to form real estate firm
designed to accumulate $250 million in total assets.
. $90 million in project financing captured by restructuring corporate
governance of more than 45 limited liability companies using centralized
holding company legal structure.
. $25 million in capital asset sales garnered by introducing investment
asset allocation strategies to balance and reduce cyclical real estate
market risks, portfolio concentration risks, and undercapitalized
development holdings.
. $15 million in investment sales achieved with unprecedented profits
attained within three years by deleveraging investment portfolio 20% and
driving investor internal rates of return to approximately 30%.
. $3.6 million in immediate sales captured by creating counter-sales plan
strategy to rezone 75 acres of signature 150-acre mixed-use development
property from residential land to multi-family and large-box retail
while meeting loan compliance requirements.
. $100,000 saved annually by leading efforts to install firm's first
financial reporting system that consolidated accounting services for
development activities, property management, and construction into one
integrated system.
. Led start up/ launch of a property management and leasing company
servicing one million sq. ft. of commercial office, industrial, and
retail space-ranking as one of top 25 property management companies in
Indianapolis in first year.
. Generated double-digit revenue growth for five consecutive years by
securing agreement with Board of Managing Members to offer up to 25% in
ownership opportunities for top performing staff.
DELTA DENTAL PLAN OF MICHIGAN - Lansing, MI 1989-2003
$1.4 billion multi-state dental benefits insurance company.
Director of Finance (1997-2003)
Promoted as #2 financial executive responsible for servicing 12
corporations in investment, accounting, finance, facilities and fleet,
corporate services, statutory and tax reporting, and government contract
accounting budget centers. Managed five direct reports and 60 support
personnel. Strategized and implemented written procedures and internal
controls to achieve 100% elimination of management letter comments as part
of annual audit. Reported directly to CFO.
Selected Achievements
. $100+ million in additional revenue growth generated by playing key role
in cross-discipline team that identified and secured market
opportunities for national and international insurance companies and e-
commerce business solutions.
. $1+ million eliminated in annual leasing expenses with 70% expansion in
firm's real estate portfolio garnered by performing a feasibility study
to relocate satellite offices to market hub that resulted in acquisition
of new $17 million office building.
. Delivered investment returns for company's $400 million investment
portfolios that matched industry benchmark goals for five consecutive
years covering 12 corporations and five employee benefit plans.
. Served as part of merger and acquisition team responsible for
identifying, negotiating, and purchasing four chartered insurance
companies that paved way for regulatory expansion rights to more than 30
new states.
. 30% improvement in productivity across financial operations accomplished
by pioneering inter-departmental process improvement program to
streamline and enhance accounting processes, financial reporting, and
staff training programs.
Finance Manager (1991-1997)
Selected to manage day-to-day operations for finance division with
accountability for financial reporting and analysis, facilities and fleet,
corporate services, tax reporting, and government contract accounting.
Supervised and trained 15-member staff.
Selected Achievements
. $600 million boost in revenue growth with 40% decrease in company's
operating expense ratio achieved by being selected to manage execution
of program sponsored by board of directors and senior management
committee.
. $3.5 million in unplanned profits added to company's bottom lines by
reprogramming activity-based cost accounting system to be compliant with
U.S. Department of Defense Cost Accounting Standards.
. Reduced number of days to complete monthly book-close processes 75% by
leading an inter-departmental project team to research, select, and
install PeopleSoft accounting systems.
. $1.7 billion federal government contract negotiated and won by serving
as advisor and member of national government contracting business team
to facilitate contract requirements, resulting in double-digit profit
margins in five years.
. Secured $500,000 budget to restructure and transform mailroom and
printing operations to fully digitized company-wide bureau that managed
more than 30 million printed images annually.
Finance Supervisor (1989 - 1991)
Led three-member financial team responsible for completing annual business
planning process, designing and building activity-based cost accounting
system, and supporting government contract accounting requirements.
Selected Achievements
. $300 million annual budgetary process automated for 5 companies and 65
budget centers that resulted in annual budget being completed with
approval within 90 days.
. Designed, built, and implemented first company-wide, activity-based cost
accounting system that became basis for pricing $35 million of
administrative services into group health insurance contracts.
Previous Work History
UNITED HEALTHCARE CORPORATION - Lansing, MI
Director, Budgeting & Planning / Manager, Rating & Research
Education / Certifications
Bachelor of Science in Business Administration (Management)
Olivet Nazarene University-Kankakee, IL
Certified Management Accountant-Institute of Management Accountants