Randy R. Swenson, CPA / MBA
**** ******** *****, ******* ****, Il 60012
815-***-**** (home) *************@*******.*** 815-***-**** (cell)
SUMMARY
Finance professional with broad experience in all aspects of financial
analysis, accounting, and reporting, Expert knowledge and experience in
forecasting, planning, budgeting, capital governance and internal controls
/ SOX compliance. Significant experience in financial governance for large
organizations, in complex business environments. Thorough knowledge of
Oracle ERP, Hyperion and Microsoft Office applications. Strategic focus,
with emphasis on providing expert financial analysis to drive new business
ventures. Highly effective interpersonal communication skills.
MAJOR ACCOMPLISHMENTS
. Significantly upgraded the level of financial governance for the Astro
Subscriber business by creating detailed financial analysis for monthly
reporting of profitability by product line, COGS analysis, budget
performance, and monthly variance analysis.
. Developed business & finance strategy for a revenue stream business
utilizing Motorola networking technologies. Created P&L, balance sheet,
and discounted cash flow models supporting the proposal, leading to the
decision to invest in 2009. This business is targeted to generate$1.8m in
revenue in 2010, growing to $15.0m by 2013.
. Provided investment analysis including discounted cash flow, long range
operational and strategic planning for Motorola's newly formed Managed
Services Division. Through acquisition and investment, this business is
planned to generate $60m of revenue in 2010.
. Design and implementation of financial data warehouse for the Services
Division of Motorola.
PROFESSIONAL EXPERIENCE
Motorola, Inc., Schaumburg, Il 1986 - Present
Division Controller, Worldwide Astro Subscriber Products Division of
Motorola 2009 - 2010
Financial management / analysis for a $1.1b annual revenue segment of
Motorola.
. Full P&L financial responsibility. On-going financial support for the
division including annual P&L plan, long range strategic plan, budget and
capital planning, monthly reporting, and variance analysis.
. Implemented financial metrics to drive the business, including revenue
analysis, ASP trends, market segmentation, cost per unit metrics,
manufacturing analysis, and budgetary control reports enabling business
managers to effectively understand and drive critical success factors.
. Created impactful financial tools and targeted financial analysis in
support of multiple investment alternatives which allowed business
directors to effectively drive technology & market strategies.
Division Controller, Global Engineering Group, Govt & Public Safety Segment
of Motorola 2004 - 2009
Financial management for the Global Engineering Group, providing financial
oversight & budgetary governance for annual spending in excess of $650m.
. Intensive budget and capital planning for approximately 350 R&D cost
centers. On-going analysis to align R&D spending with portfolio
(technology) strategies utilizing portfolio scenario planning system.
Annual planning, quarterly forecasts, monthly reporting and variance
analysis.
. Implemented mechanized tools for planning & forecasting that eliminated
100's of hours in the planning / forecast process. Coordinated annual
plan, quarterly forecasts and on-going reporting for @4,500 engineers in
over 20 worldwide engineering design centers.
. Reduced costs 20%, and improved speed to market by 15% through
implementation of systems and processes to oversee portfolio (technology)
investments to maximize engineering effectiveness and financial return
for projects.
. Implemented a process to effectively measure R&D portfolio spending for
numerous internal technology P&L's.
Randy R. Swenson (Cont'd)
Division Controller, Managed Services Division of Motorola 2001 - 2003
Managed all aspects of financial operations for the newly formed Managed
Services business.
. M&A: Business acquisition financial modeling. Generated pro-forma P&L,
balance sheet and cash flow supporting the acquisition of a statewide
mobile radio network leading the successful acquisition of SCANA
Communications in Columbia, S.C.
. Coordinated due diligence reviews to ascertain the value of the business.
Coordinated audits and interviews with SCANA management in pursuit of
the business acquisition. Achieved $2m reduction in purchase price as a
result of analysis. Integrated the acquired business ERP applications
into Motorola finance & ERP systems.
. Provided business valuation of other potential acquisition targets, as
well as pro-forma financials for Motorola's State of Illinois radio
communications system known as "Starcom" - a statewide integrated public
safety radio system, launched in 2002.
Division Controller, CGISS Services Division of Motorola 2000 - 2001
Operations Controller, CGISS Services Division of Motorola 1996 - 1999
Manage on-going financial operations of the Division.
. Annual planning, quarterly forecasting, budgetary & capital governance,
full P&L management.
. Designed and implemented a financial data warehouse to capture relevant
financial information at the transactional level. This data warehouse
was instrumental in the creation of multiple financial tracking /analysis
tools that helped to move the business from a "break even" P&L to OE
margins of @ 15%.
. Played a key role in getting Services Division products added to the GSA
contract.
Operations Controller, LMPS - Accessories & Aftermarket Division of
Motorola 1994 -1996
Manage financial reporting and analysis for the Division.
. Provided inventory analysis and reserves required for excess or obsolete
inventory, resulting in savings of $.5m to $1.0m annually.
. Implemented a self - audit program for the Division. Achieved the first
"Excellent" audit grade for a distribution facility self audit program in
the company.
Internal Control Manager - Worldwide Systems Group of Motorola 1992
-1993
Manage internal audits and self audit programs for the Division.
. Developed and implemented self-audit programs for the Schaumburg Systems
factory, and the Americas Parts Division. This allowed the division to
place more reliance on divisional system & process controls.
. Coordinated audits for newly acquired data business with facilities in
Seattle, Wa, and Richmond, B.C.
Consolidations Manager, Accounting Supervisor - Motorola 1986 - 1992
Accounting and financial support for the General Accounting group in
Motorola.
. Reconciliation and collection of intercompany accounts; resolution of
billing discrepancies.
. Implemented a new intercompany A/R system, along with revised procedures.
. Consolidation of monthly subsidiary financial results including P&L /
balance sheet eliminations.
. Balance sheet reporting for the Communications Sector.
. Coordinated year end financial close. Mechanized the process for
collecting year end financial information.
EDUCATION
Masters of Business Administration - Lake Forest Graduate School of
Management, Lake Forest, Il
B.S., Accounting, Western Illinois University, Macomb, Il
Certified Public Accountant, Registered Illinois
Member - Illinois CPA Society