Plant Management
Resume:
MICHAEL R. HATELY
Woodridge, Illinois 60517
abmq2x@r.postjobfree.com
http://linkedin.com/in/mikehately
FINANCIAL AUDITOR/ ACCOUNTANT
A financial auditor with experience in identifying process improvement
efficiencies through financial, operational and compliance auditing.
Performed Sarbanes-Oxley Section 404 (SOX) testing, completed audit
execution, risk analysis, accounting services, cost reporting, procedure
writing, financial analysis, budgeting, inventory analysis, project
management coordination and supervision of workers.
PROFESSIONAL EXPERIENCE
INTEGRYS ENERGY GROUP / PEOPLES ENERGY, Chicago, Illinois 2006 -
2010
US/ Canada energy delivery company with over 800,000 customers in Chicago.
Senior Internal Auditor
Led and executed multiple financial, risk, SOX, compliance and operational
audits by evaluating the design of the internal controls. Tested the
operational effectiveness of the internal controls to ensure risks were
mitigated to an acceptable level in relation to contractual, regulatory,
and corporate requirements.
. Compiled and implemented an Internal Audit Services manual standardizing
audit work practices, improved work efficiency, reduced audit cycle time
by 15% and minimized re-work of documentation.
. Selected by the Director of Audit to coordinate the Board of Directors'
required quarterly analysis. Executed final analysis of business unit
material, which guaranteed accuracy and error free results.
. Coordinated and executed process analysis auditing for internal control
over financial reporting, which mitigated risk.
VITA FOOD PRODUCTS, Chicago, Illinois 2004 - 2006
Specialty food manufacturer and distributor of several brands and 100s of
products.
Senior Internal Auditor
Reported directly to the Corporation's Audit Committee and the CFO.
Performed process analysis for internal control over financial reporting.
Provided input to the board and management on complying with SOX.
Departments and areas audited included accounts payable (A/P), accounts
receivable (A/R), credit, purchasing, sales, inventory and payroll.
. Single handedly implemented the companies first Internal Audit
Department, which aligned company with SOX requirements achieved by
documenting internal controls, tested controls and verified work
practices to procedures.
. Executed payroll audit, which resulted in payroll fraud identification.
Researched and investigated source of fraud and immediately resolved.
. Selected by the CFO to execute SOX compliance.
ROBERT HALF MANAGEMENT RESOURCES
PROTIVITI INDEPENDENT RISK CONSULTING, Chicago, Illinois
2004
Global provider of senior-level accounting and finance professionals for
projects and interim assignments.
Senior Internal Auditor Consultant
Performed process analysis for SOX internal controls over financial
reporting. Documented internal controls, performed procedure analysis, and
provided consulting services to management for compliance with SOX.
Clients included Madison Gas & Electric, Nicor, and Hospira.
. Trained client financial personnel on internal control reporting
requirements and management responsibilities associated with SOX
compliance.
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MICHAEL R. HATELY abmq2x@r.postjobfree.com
EXELON/ COMMONWEALTH EDISON (ComEd), Warrenville, Illinois 1979 -
2003
Energy provider of natural gas, coal, hydro, nuclear, solar, and wind
generated electricity.
Controller, Braidwood Nuclear Plant (2001 - 2003)
Reported to plant Vice President and Business Manager. Maintained control
of $140 million plant annual expense and investment budgets. Supervised
four management and four union personnel in the Business Operations
Department. Implemented plant financial processes and controls including
financial reporting, variance analysis, budgeting, forecasting, auditing,
payroll, contract payments, weekly book closing, investment, and expense
determinations.
. Led the plant to an on time bill payment rate of 98 percent versus
previous rate of 93 percent.
. Directed cross-functional challenge meetings on cost reduction
initiatives. The initiatives resulted in chemical savings of 20% at the
plant and more in hazardous waste disposal.
. Maintained control and coordinated the daily refuel outage cost report to
successfully forecast costs and manpower requirements identifying
opportunities and solutions.
. Coordinated and executed a PeopleSoft financial conversion ahead of
schedule. Trained all project managers to use the new financial tools,
improving project forecasting.
Financial Analyst - Engineering and Projects, Braidwood Nuclear Plant (1997
- 2000)
Prepared financial reports for Plant Engineering, Project Managers and
Corporate. Maintained financial control of the plant investment budget.
Performed financial closings, maintained cost controls of all engineering
staff augmentation and engineering areas. Made investment and expense
determinations based on GAAP and property unit catalog.
. Implemented a new financial system conversion and code evaluations,
trained project managers and staff in the engineering department on
financial practices and project reporting resulting in improved financial
management within the departments.
Warehouse Manager, Dresden Nuclear Plant (1994 - 1997)
Supervised three management and twenty union personnel on procurement
distribution processes for all warehouse activities. Coordinated warehouse
and inventory audits on write-offs, cycle counting, safety work practices,
and material location redesign.
. Coordinated management and union team in a just-in-time chemical
inventory program that utilized an outside vendor warehouse. After one
year, the program went company wide resulting in cost savings of about
$100,000.
. Implemented a centralized inventory reduction process change to reduce
costs and streamline the organization for continuous improvement in
materials management. Designed an open stock area reducing stock
transactions on 200 common items resulting in a staff reduction of 20%.
Other various increasingly responsible ComEd positions (Prior to 1994)
Senior Accountant - Corporate Nuclear Division and Generating Stations,
Cost Accountant and Contract Administrator - Dresden and LaSalle Nuclear
Plants, Senior Accountant Plant Analyst - Corporate Accounting, Accounting
Analyst - Plant Accounting Corporate.
ADDITIONAL SKILLS
Inventory Management, Just in Time (APICS), Leadership Training, Material
Capacity and Requirements Planning (APICS), MS Office Programs (Access,
Excel, Power Point, Word and Visio), PeopleSoft, Root Cause Analysis and
SAP
EDUCATION
BS Business Administration, Roosevelt University, Chicago, Illinois
AS Accounting, Triton Community College, River Grove, Illinois
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