Project Manager

Gerrilene K. Loney

**** ************ *****

Swartz Creek, MI 48473

Home: 810-***-**** *******@***.*** Cell: 810-***-****

Summary

Results driven Finance Manager / Sr. Analyst with diverse experience in

finance, accounting, auditing and internal controls, operations,

information technology, and team leadership. Top performer with excellent

interpersonal, decision-making, complex problem-solving and communication

skills. Key strengths include statistical analysis and improvement, cost

reduction, and project cost management. Proven success in the development

of innovative, strategic and economically sound solutions with emphasis on

creativity, productivity and technical excellence.

. Value added, accurate and timely financial analysis and reporting

. Strong organizational skills with a focus on details and accuracy

. In-depth risk analysis and re-engineer of global internal controls (inc.

SOX)

. Adept at multi-tasking while managing multiple and/or changing priorities

. Innovative global budgeting, forecasting and long-range financial

planning

. Self-motivated, goal oriented and energized by analytical challenge

. Complex program development and system implementations

. Identifying and implementing timely, cost saving process improvements

. Motivational leadership through effective management, training, coaching

and teamwork

. High degree of proficiency in standard PC and mainframe interface

softwares including Microsoft Access, Excel, Word and Powerpoint, SQL,

Hyperion, Cognos, Oracle, Microstrategies, Peoplesoft, Easytrieve, and

eLedger systems

Professional Experience

GENERAL MOTORS CORPORATION - Detroit, MI 1984 - 2009

Assistant Controller, Weld Tool Center 2006 -2009

Reported directly to controller - Directed Financial Operations including

reporting, planning, internal control audit, tax, payroll and operational

accounting for manufacturing facility with an annual budget of over $100M,

employing over 800 employees. Development, analysis, reporting and

presentation of financial information including monthly, quarterly and

annual expense, wall to wall physical inventories, budget and forecast

information, cost reduction initiatives, capital expense, and in-depth

project cost analysis

. Developed user friendly "one-touch" reporting of capital project expense

for more timely identification of operational issues and cost overruns.

Reduced inquiry resolution time from ten days to twenty minutes and

recognized substantial savings in first year.

. Conducted annual plant wide audits. Identified inaccuracies in

accounting for fixed asset disposal resulting in the recovery of over $1M

in lost revenue from scrap sales. Uncovered inadequate controls in

timekeeping, payroll management and use of company resources resulting in

criminal investigation. Re-engineered practices and processes

incorporating mandated SOX requirements to reduce risk exposure.

Received formal recognition from GM corporate audit staff

. Assisted in the development and implementation of global application for

measuring Financial Standard Tool value by program resulting in estimated

savings of $50M annually

Sr. Financial Statistician / Team Lead -Service Parts & Operations / Info.

Sys & Services 2002-2006

Reported directly to Senior Finance Director of Information Systems and

Services. Managed team of 5 senior analysts; developed divisional global

expense forecasts and annual budget targets; conducted extensive

investigation, analysis, and reporting of billing and spending trends;

managed global cost reduction initiative; directed project prioritization

analysis, assisted in planning, design and implementation of projects

utilizing SDP21 Processes; liaison on Financial Information System and

Service global teams at corporate level.

. Developed, implemented and maintained process for accumulating, analyzing

and reporting IT expenses, integrating data from multiple project control

and expense tracking systems. Estimated annual savings of $10M.

Recognized one time savings in excess of $75M in 2006 when GM ended

exclusive relationship with EDS and outsourced global information system

and service support contracts

. Assembled and led team of subject matter experts charged with uncovering

waste elimination and cost reduction opportunities Identified global

divisional cost reductions of $45M in the first year with an estimated

continued savings of over $5 mil. annually

. Performed evaluation of processes for potential financial risk and

identified several accounting weaknesses in the area of global project

expense accounting. Wrote and implemented new practices and procedures

in accordance with mandated SOX requirements, subsequently integrated

into the corporate common global internal control program

Sr. Financial Analyst / Team Lead -Service Parts & Operations / Activity

Based Mgmt 1999 -2001

Led team of 8 analysts; Developed activity based costing methodology for

division; Directed the roll-out of new methodology to over 30,000

employees; Led communication and training for all concerned parties;

Managed challenges presented by system evolution; Created monthly,

quarterly and annual applications for processing the allocation and

consolidation of revenue and expense data

. Developed an activity based budget process utilizing new technologies and

increased efficiencies in the development of annual budget targets and

long-range financial planning for estimated divisional savings of $1M

annually. Recognized by national software corporation as "setting the

benchmark" for activity based budgeting.

. Designed and implemented a comprehensive electronic interview process for

capturing annual expense allocation by activity that GM North America

adopted as the benchmark for activity based planning.

. Received corporate recognition for team leadership role in changing the

face of financial reporting at GM and for the roll-out of the extensive

education and training necessary for change.

. Evaluated new costing methodology extensively for potential areas of

financial risk. Authored and implemented the internal control processes

ensuring procedures were in place to limit exposure of revenue loss and

formal audit comment.

Sr. Financial Analyst / Team Lead -Service Parts & Operations / Enterprise

Analysis 1994-1998

Managed team of 8 analysts; Delivered financial management reporting;

directed development of annual budget targets, long range planning and

expense forecasting, capital expenditures and cost management for 32

different warehousing facilities and over 30,000 employees. Divisional

liaison on numerous divisional and corporate teams

. Designed and implemented electronic system used for metric comparison

and analysis by global divisional operations staff. More timely and

accurate financial decision making resulted in increased efficiencies

for a savings of over $2.5M annually

. Re-engineered corporate global headcount reporting process for division

enabling improvements in facility management structures and increasing

plant productivity by an estimated 10%

. Developed and implemented electronic system for budgeting and

forecasting material handling volume by facility easily adjusted for

sales volumes, price increases, return levels, and capacity. Reduced

annual budget development and monthly forecast time by over 50%. Used

for development of template for volume and resource capacity levels that

all GM Service Parts and Operations facilities are currently designed

around.

. Performed extensive risk analysis of financial and accounting processes

and procedures for 32 facilities. Authored and implemented new

processes and changes to accepted practices in the areas of scrap

accounting and financial asset management to minimize risk and potential

loss of revenue subsequently adopted as the corporate standards.

Financial Analyst - GM Service Parts & Operations / Business System

Analysis and Review 1991-1993

Designated owner of global mainframe financial and operational systems,

interfaces and data security, reported directly to divisional controller -

coordinated system implementations and changes within existing system

frameworks, conducted in-depth problem review and analysis for origination,

root cause, impacts and resolution options; maintained system and data

security, teamed with audit representatives to identify and resolve issues

prior to formal comment; divisional liaison on numerous corporate teams

. Administered the design and implementation of the financial systems

required to meet domestic and international government regulations for

the establishment of new warehousing in Europe. Reduced overseas

freight expenses by an estimated $16 mil annually

. Identified major breech in data security and system processes

representing potential loss to GM of over $55M as estimated by Deloitte

and Touche. Designed, implemented and maintained global data security

table handling system, restricting access to critical data. Formally

recognized by both GM audit staff and Deloitte and Touche

. Identified issues in system programming for discrepancy claims filed by

customers resulting in potential loss of revenue. In cooperation with

NADA, redesigned the discrepancy claims program and authorized the

programming changes necessary to eliminate potential loss of revenue.

Financial Analyst / Group Leader - GM Service Parts & Operations /

Disbursement Analysis 1984 - 1990

Group leader for team of 10 - Managed expense analysis and payment of

multiple domestic and global vendors in excess of $1.5B annually.

Authorized and directed the transfer of over $200M annually in foreign

currencies requiring a thorough understanding of currency rates, conversion

and impact. Initiated several cross-divisional teams and functioned as

divisional liaison on numerous corporate teams.

. Designed, developed and implemented a computerized reconcilement

procedure and year-end closing process reducing monthly account

reconcilement time by over 80% for an estimated savings of over $1M

annually

. Re-engineered manual global financial payment process, converting to

computer based application reducing time and resources by 33%

. Divisional liaison, instrumental in design and development of the GM

Corporate Planning System (CPS) Multics mechanical reconcilement

system. Implementation resulted in overall corporate savings of an

estimated $8M annually.

. Designated subject matter expert, directed training of over 500

employees in the use of all new and existing softwares and electronic

processing increasing departmental efficiencies by over 40%

Prior Professional Experience

System Manager / Computer Conversion Program Lead - NuVision Optical,

Flint Mi

Maintenance Programmer - Universal Electric, Owosso, MI

Education

Bachelor Degree in Business and Operational Management GPA 3.85; Spring

Arbor University, Spring Arbor, MI

Associate Degree in Computer Systems GPA 3.72; Baker College, Flint, MI

Keywords: accounting finance financial analyst budget forecast audit risk

payable receivable controller systems

analysis statistical implemented cost ledger reconcile project

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