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Manager Financial

Location:
Crystal Lake, IL, 60012
Posted:
May 13, 2010

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Resume:

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



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