Karen J. Badger, MBA
Lee's Summit, MO 64063
573-***-**** (cell)
********@**********.***
FINANCIAL EXECUTIVE CANDIDATE
International Finance - Project Management - Operations - Systems -
Contract Negotiations
Results oriented, strategic professional with presence and integrity who
brings comprehensive administrative operations experience from a global
environment. Background includes negotiating fiscal business deals to
secure a competitive advantage, directing change initiatives to increase
the profit picture, envisioning new systems, processes, and tools to
improve efficiency and creating infrastructure to quickly move projects
forward.
SELECTED ACHIEVEMENTS AND BUSINESS CONTRIBUTIONS
Financial Management
. Led international budgeting, consolidations, monthly and annual
reporting, and auditing to provide business units with accurate and
timely financial information. Developed transfer pricing, foreign credit
and collections policies and opened FISC and DISC to optimize foreign
operation profitability.
. Consistently planned and developed all aspects of US financial operations
to include: A/P, A/R, G/L, fixed asset management, budgeting,
forecasting, reconciliations, reporting, product costing, and variance
analysis.
. Coordinated implementation, modification, and documenting of accounting
systems and control procedures to insure proper usage of GAAP and
government contract accounting. Maintained fiscal control while growing
revenue at an average rate of 20% per year.
. Managed treasury functions, bank relationships, cash flow forecasting,
investments, foreign currency and hedging to maximize cash position for
all entities. Successfully negotiated all financing arrangements to
achieve increasingly favorable collateral position and stronger
relationships with credit providers.
. Achieved significant tax advantages by regularly reviewing changes in tax
law and corporate structure to strategically position company for maximum
benefits in international, federal, and state taxes while maintaining
required reporting for foreign, VAT, sales, use, franchise, property and
payroll taxes.
Operations Management
. Expanded the company footprint globally by developing the vision,
identifying the timing, the resources, the risks, and opportunities and
leading all functional areas of administration through location
development.
. Defined roles and reporting for management and staff to consistently
improve communication of coordinating global functions. Assembled teams
and motivated to peak achievement through strong leadership and concise
communication.
. Reduced insurance rates through global consolidation and by developing
and monitoring safety programs, successfully achieving a four-year period
with no OSHA recordable incidents. Fulfilled all regulatory reporting
and governmental requirements, engineered systems to evaluate and reduce
business risks.
Infrastructure Development
. Created infrastructure for growth model through acquisitions that
resulted in rapid implementation.
. Ambitiously directed the site selection and construction of a 60,000
sq.ft. state-of-the art R&D facility, completing the project within 7
months when projections had been 24 months to occupancy.
. Successfully negotiated buyout of 49% minority shareholder to bring all
stock under one owner.
IT System Implementation
( Orchestrated implementation of Oracle ERP to solve need for
streamlining data management, resulting in better visibility of company
performance, improved accuracy and elimination of redundancies.
Karen Badger ____ 573-***-****
( Defined and communicated the vision for the system improvements.
Created, led and motivated team to analyze corporate needs, budget,
personnel, training and on-going support improvements.
. Negotiated purchase, support and implementation contracts. Recognized at
an Oracle convention as a model for successful implementation.
PROFESSIONAL EXPERIENCE
General Electric, Kansas City, MO ($400m Energy-Infrastructure division)
2008 to present
Global Accounting Manager (Lean Six Sigma Greenbelt certified)
( Managed accounting operations for 17 countries with 50 legal entities
on 16 disparate systems including month end close, A/P, A/R, general
ledger, corporate and sales tax, fixed assets, payroll, and
consolidations.
( Led US business recovery from failed ERP implementation by
coordinating process requirements, leading training and directing change
to successful use of Oracle system and outsourcing of A/P, A/R, sales
tax, fixed assets.
( Improved controllership through automation, account reconciliation
process, focus on education of business impact in areas of sales, order
management, collections, purchasing, vendor management, and legal.
Jahabow Industries, Inc., Owensville, MO ($20m store fixture design and
manufacturer) 2007 - 2008
Vice President and CFO
( Led improvements in all areas of management decisions by streamlining
reporting processes and data collection. Achieved greater utilization of
ERP data through the successful implementation of system upgrade,
employee education and setting higher standards for data integrity.
( Reduced month end processing time by 90% and collections by 20 days,
improved CCC by 50 days.
Computerized Medical Systems, Inc., St. Louis, MO ($60m global medical
software developer) 2006 - 2007
International Controller
( Initiated financial reporting improvements between European offices,
Japan and St. Louis headquarters.
( Implemented budgeting software program, budgeting and forecasting
processes, and management reporting in US, Germany, Japan, and
Shanghai.
( Managed global corporate insurance, led team to develop in-language
quotation documentation, participated on team to implement CRM system in
Japan, consulted on HR, payroll, legal, and IT issues.
Brewer Science, Inc., Rolla, MO ($45m global semiconductor industry
manufacturer & supplier) 1992 - 2005
Managing Director - Global Resources (strategic projects and relationships
management)
. Led project management for $15m new manufacturing plant. Close liaison
with Japanese joint venture partners to ensure highest quality and
efficient manufacturing process.
. Developed and implemented protocols for and reviewed and negotiated all
corporate legal agreements for joint development projects, NDAs,
supplier, customer and partner agreements.
. Provided consultative input for all aspects of operations, manufacturing,
customer relations, university and governmental partnerships.
Managing Director - Resource Management (CFO and COO)
. Managed all global aspects of finance, accounting, HR, IT, facilities,
logistics, supply chain, safety, legal, environmental and security for
US, UK, Germany, France, Hong Kong, and Taiwan operations.
. Provided oversight for UK operations as interim director.
. Directed strategic decisions on location, operations and statutory set up
of each business entity.
EDUCATION
MBA, Drury University, Springfield, MO
BS, Business Administration and Accounting, Drury University, Springfield,
MO