Robert D. Sanborn
Goodrich, Mi 48438
Phone: 810-***-****
Email: ********@***.***
Summary
Results oriented financial professional with significant experience
providing financial, credit, treasury, budgetary, and forecasting guidance
for worldwide research & development organizations, including variance
analysis, project management. Proven expertise in identifying business
deficiencies and developing solutions to automate, increase efficiency and
maintain strong internal controls. Highly effective team leader with
excellent organizational and communication skills, comfortable and polished
in dealing across all business levels internal or external.
AREAS Of EXPERTISE
Forecasting, Reporting & Audit Preparation (Int. & Ext.)
Analysis
Strategic Planning/Acquisition Process Efficiency Improvement
Analysis SOX Development and Training
Credit/Treasury Analysis J.D. Edwards/SAP/Sungard
NPV, ROI, Lease vs. Buy Analysis Investment Software/AS 400
Microsoft Advanced User.
Internal Financial Controls &
Budgeting
Professional Experience
ABB, INC., Auburn, Hills, MI 2003 - 2009
A leading global technology and equipment provider of power, automation
products and system solutions, training, support, and product services.
Operating in more than 100 countries and employing more than 120,000 people
worldwide.
Financial Analyst II
Responsible for preparing annual and monthly financial reporting, credit,
product-line, and budget analysis, annual and month-end consolidating and
adjusting entries, account reconciliations, direction of Credit analysis
/ AR and collections, internal audit and controls, N.A warranty
administration.
. Selected as Sarbanes-Oxley (SOX) divisional audit manager, directing
external business units SOX audit, scheduling and supervising internal
auditors, and leading the resolution of issues and deficiencies.
. Selected to lead A/R reduction initiative to accelerate collection of
outstanding receivables, resulting in the reduction of over 90 day
receivables by 2 million dollars, a 50% reduction and was recognized for
performance at global service meeting July 2008.
. Selected to lead N.A Robotics warranty administration. Developed
financial modeling to track and predict needed warranty reserves and
vendor reimbursement participation, resulting in a 16% increase in vendor
reimbursements, resulting in cost savings to business units, and a tool
to better forecast future trends and reserve requirements.
. Identified internal process deficiencies that caused more than one
million dollars of invoicing to not be sent to customers and directed the
efforts to contact and resolve the issues with customers and internal
personnel.
. Prepared schedules, work papers and variance explanations for quarterly
and annual audits.
. Created credit analysis tools to help the business units and legal
departments with risk review, negotiating credit terms, and filing
bankruptcy and UCC claims.
AMERICAN PHYSICIANS CORPORATION, Lansing, MI
1997 - 2003
A premier property and casualty insurance provider of medical liability
insurance, conducting business primarily in the Midwest and New Mexico.
Accountant
Responsible for preparing annual and monthly financial reporting,
treasury, cash-flow, and budget analysis, annual and month-end
consolidating and adjusting entries, periodic and annual audit schedule
preparation, and treasury account reconciliation.
. Developed and implemented monthly investment book, reporting status
changes of the investment portfolio and tracking expected income
payments for cash flow forecasting.
. Prepared SEC investment work papers for the company's IPO application and
successful IPO offering.
. Prepared audit work papers and variance explanations of the investment
schedule D for annual GAAP and STAT audits.
PRIOR WORK EXPERIENCE
HYDRECLAIM, INC. Fenton, MI 1995 -
1997
Operations Accountant
OFFICE MAX, Flint, MI 1993 -
1995
Assistant Store Director
TOYS R US, Flint, MI
1990 - 1995
Store Manager
EDUCATION
B.S. Finance, Bob Jones University, Greenville, SC