Work Experience
Steven E Williams Consulting Castle
Rock, CO
Owner October 2007 - Present
Principal of Independent Consulting Business working with small to mid-
sized businesses strengthen their financial operations and increase market
share and revenues.
. Conducted assessment of financial systems capabilities and working to
re-engineer controls and procedures for a $70+M consumer goods
manufacturers; established departmental budgets, providing staff
training, marketing analysis and cash models for bank financing
. Analyze the company's business case and constructed management tools
for executive team to improve system wide performance such as:
o Gross Margin analysis from customer to product SKU
o Process mapping to reduce operation's cost and time
o Work with existing ERP systems to develop data-warehouse and
business intelligence tools
o Implement procedures and controls to insure corporate governance
and GAAP compliance
Comair Rotron, Incorporated
San Diego, CA
Chief Financial Officer October
2006 - June 2007
Key Senior Manager for a $70M Industrial Fan and Heat Sink business, hired
to strengthen worldwide financial operations including Accounting, Finance,
and IT.
. Initiated spending reductions saving $520K per fiscal quarter (8.3%
of total) within 6 months via tightening fixed cost spending,
controlling turn-over and instituting pricing controls
. Acting GM for Heat Sink operations in Mexico driving past dues down
50% within 3 months accelerating operational integration through
process controls, strong customer support and hands-on leadership
. Key driver in developing and implementing $3M cost out initiatives
through aggressive management to improve labor efficiencies, lower
material costs and re-engineer the PCB assembly line
. Accelerated $600K in cash through receivables reduction for global
operations within 6 months by focusing on aged accounts
Endevco Corporation San Juan
Capistrano, CA
Director of Finance November
2003 - October 2006
Providing leadership to executive team as a direct report to the President
for $80M Sensors and Electronics business. Key responsibilities include
managing staff of 11 and overseeing financial operations in U.S, China, and
Europe.
. Instituted processes and policies reducing audit fees 22% per annum
that became the corporate standard for divisional controls planning
. Drove 10% cost reduction via drill down & reporting tools, raising
departmental spending awareness
. Directed all finance-related matters for facility closure in St.
Croix, VI and directed Xiamen, China start-up financial operations
through all governmental & statutory requirements generating $1.5M
annual savings.
Work Experience (cont'd.)
Color Spot Nurseries, Incorporated
Fallbrook, CA
Director of Treasury, Financial Planning and Analysis
May 2002 - October 2003
Hired by former Invensys CFO to manage treasury, analysis and divisional
controller personnel, create strategic reporting tools and provide
financial analysis supporting corporate and investor's objectives for $200
million per annum business.
. Key contributor in $100M debt restructure - coordinated information
across 10 facilities to analyzing company's fiscal position, supported
syndication of loan facility to financial institutions and provided
analysis & commentary for investor/corporate performance reviews
. Standardized reporting methodologies across divisional legacy systems
and developed reports focusing organization on key metrics of sales
and unit cost thereby increasing ease of use, data integrity &
accuracy and reducing report turn-around time from 3 days to on-demand
. Saved $130K in interest payments through prudent management of $30M
revolver account and restructured capital purchasing program
generating additional $1M of cash flow
Invensys Climate Controls
Long Beach, CA
Director of Planning and Analysis
February 1998 - April 2002
Provided financial analysis and business planning tools to executive team
in support of strategic goals for OEM Products Group a $175 million per
annum business unit. Managed staff of 7 and oversaw General Accounting and
Financial Reporting system (Hyperion).
. Consolidated 2 major divisions by developing common, streamlined
reports resulting in promotion to Director over combined business unit
& saving $200K per annum; reduced accounting function from 10 to 1 day
close
. Key player in redesign and implementation of Sales, Inventory,
Operations Planning (SIOP) process; enabled tracking and 35% increase
in forecast accuracy of operation's performance
. Implemented HR/Payroll system in 3 months, on budget
Hughes Aircraft Company
El Segundo, CA
Financial Specialist, Sr.
June 1986 - January 1998
Performed various functions within the company including general accounting
functions for international subsidiaries and was lead analyst for $500
million product line representing largest sales base of engineering and
production contracts for company.
Education
1997. Executive Marketing Program -
UCLA, Anderson Graduate School of Management
1996 Master of International Management (MBA) -
American Graduate School of International Management (Thunderbird)
1987 Bachelors of Science, Business Administration -
University of Phoenix