JAY HOARELL
(H) 770-***-**** (C) 678-***-****
**********@*******.***
SUMMARY OF QUALIFICATIONS
Proven financial executive with extensive global experience in operations,
project management, acquisitions, and restructuring. Exceptional
leadership skills and a proven history of process and profit improvement.
Highly collaborative, high energy, and strategic. Results oriented with a
high degree of success as a business partner and team builder.
PROFESSIONAL EXPERIENCE
KONE Corporation 3/08 -
Present
KONE Corporation. ($6B Net Sales) provides elevator and escalators and
innovation solutions for maintenance and modernization. KONE employs
32,000 people. Web: www.KONE.com
Regional Business Controller - Atlanta, GA (3/08 - Present)
Senior Finance Leader for a $215M business unit. Full P&L, Balance Sheet,
and Cash Flow responsibility.
Acting General Manager for a $70M business in Miami, FL for 4
months
Reduced past-due Accounts Receivable by 46% and Working Capital by
23%
. Led a U.S. collections project which reduced U.S. past-due A/R by
32%
. Redesigned month end reporting & forecasting process to deliver
95%+ accuracy
. Assumed responsibility for Contract Management in 2010
NEWELL RUBBERMAID 2002 -
2007
Newell Rubbermaid, Inc. ($6B Net Sales) engages in the manufacture and
marketing of consumer products serving the needs of volume purchasers.
Web: www.newellrubbermaid.com
Global Operations Controller, Office Products Group - Atlanta, GA (2004 -
2007)
Web: www.sanfordcorp.com
Finance Leader for a global network with a $1.2B spend. Oversaw 20
manufacturing facilities, 25 distribution centers, 5 strategic sourcing
groups, and 90 finance professionals in 14 countries.
Selected Accomplishments:
. Reversed a 6 quarter trend of negative productivity in first 5 months
. Implemented Newell Operational Excellence (OPEX) metrics in all
facilities
. Implemented Hyperion reporting for operations eliminating all
consolidations efforts
. Developed and implemented a $273M 3 year restructuring plan with 2
year cash payback closing 60% of manufacturing & distribution
facilities
. Led the Operations team in due-diligence during 3 acquisitions.
. Acting VP of Operations for 3 months during a transition of permanent
VPs
Operations Controller, Irwin Industrial Tools - Huntersville, NC (2002 -
2004)
Web: www.irwin.com
Finance Leader for a 6 plant network in 4 countries with a $250M spend. Led
a team of 16 financial professionals.
Selected Accomplishments:
. Created comprehensive monthly reporting package (Now the Newell
Rubbermaid Standard)
. Redesigned month end close to streamline & decentralize all processes
. Closed and relocated a 100,000 square foot facility to Brazil saving
$4.4M annually
. Delivered 12% year over year productivity
. Acting VP of Operations for 4 months during a transition of permanent
VPs
UNILEVER CORPORATION 1997 - 2002
Unilever PLC ($46B Net Sales) engages in the manufacture and supply of fast
moving consumer goods in foods, home, and personal product categories
worldwide. Web: www.unilever.com
Plant Controller, Slim Fast - Tucson, AZ (2001 - 2002)
Oversaw new plant construction - 450,000 square feet, Responsible for
$99.7M capital budget and $35M operating budget.
Selected Accomplishments:
. Negotiated pricing and terms and conditions for all capital and
operating agreements
. Oversaw design and execution of IT hardware infrastructure and 7
software packages
. Key member of management team responsible for hiring 60 salaried
employees
Plant Financial Manager, Ragu - Owensboro, KY (1998 - 2000)
Responsible for $250M annual operating budget for this 600,000 square feet
facility. Directed all accounting, finance, MRP, purchasing, and inventory
control processes. Managed 8 Finance and materials management
professionals
Selected Accomplishments:
. Implemented $35M of Capital Improvements
. Acting Plant Manager for 6 months
. Reduced salaried headcount by 18%
. Core team member on a 13 Plant SAP financial implementation
Project Manager, Lipton - Englewood Cliffs, NJ (1997 - 1998)
Managed SAP General Ledger implementation. Project Manager for the
Controller's office during a merger of two $1B Unilever Divisions
COOPERS & LYBRAND - (Now PriceWaterhouseCoopers PWC)
1994 - 1997
Senior Associate, Parsippany, NJ
Audit & Consulting Senior Associate predominantly in the CPG Industry
. Senior Associate on several due-diligence & IPO projects.
. Significant exposure to banking relationships and bank covenants
with small to mid-sized clients.
EDUCATION
B.S. Accounting 1994
Rutgers University School of Business
LICENSES - CPA (NJ License - Inactive) 1996