DAVID HOEKSTRA
**** ********** ***** **** *******, OH 45069 abnnf1@r.postjobfree.com 513-***-****
QUALIFICATIONS FOR FINANCIAL MANAGEMENT
Passionate, well-rounded financial manager with 20+ years of experience adding value to diverse
service and manufacturing companies. Excels at budgeting, forecasting and month-end for divisions of
companies. Strengths include improving processes, business partnering and building efficient finance
teams. Areas of expertise include:
Profit/Loss Responsibility Budgeting/Forecasting General Ledger Month-End/Reporting
Expense Control Operational Analysis Cost Accounting: Rates/Standards
Financial Planning/Analysis Inventory Control Cash Flow, AP, Aged Receivables
ACHIEVEMENTS / ACCOMPLISHMENTS
Controllership related:
Manager in FP&A organization for an $800M growing division; budgeting, forecasting, controlling
GL/Cost Manager (controller) for $90M manufacturer
Separated books, changed accounting systems, report in new system with new team, beat deadlines
Budgeted, forecasted and handled month-end for multiple plants while others handled single plant
Continually identified gaps that GL missed; missed accruals by prior accountants, etc.
Corrected $2.0 million under-reserved Cost Plus disallowance provisions accumulated prior 7 years
Lead 1st (of 10) division to complete long range plan including merger related accounting changes
Budgeted, forecasted and handled month-end for office 4 state territory
Correctly predicted >33% increase in Net Income for the year and later last major recession
PROFESSIONAL EXPERIENCE
JOHNSONDIVERSEY INC. 2002 - 2008
General Ledger and Cost Manager, DuBois Chemicals Division (2007 - 2008)
Finance Manager, North American Plants (2002 - 2007)
Increasing levels of responsibility included supervising team in budgeting, forecasting and monthly
close processes for nine (9) North American manufacturing plants and providing insight to plant
managers on financial issues. Managed the GL and costing activities for a $90.0 million division.
Led separation of JohnsonDiversey’s DuBois Chemicals Division to stand-alone/spin-off status for
eventual sale.
Developed a new college Finance recruit to handle part of the responsibilities of two more
seasoned cost/inventory analysts identified issues and eliminated periodic gross absorption/cost
errors of $.2-3.5 million per month on new product cost rolls.
Identified $100.0k per month in intangibles amortization that had not been transferred from the
parent company.
Directed analysis of in-sourcing and expense reduction projects to optimize 2 plants (>$7M/yr).
Developed new rates/standards to cost 9,000 SKUs at 8 plants within first few months – hadn’t
been updated in 3-4 years; without prior work papers or electronic files
D. Hoekstra – Page 2 of 2
DE HOEKSTRA INVESTMENTS 2000 - 2002
Private Investor, Managed personal investment portfolio.
GENERAL ELECTRIC 1984 - 2000
Senior Financial Analyst/Finance Manager, Aircraft Engine Services R&D (1999 - 2000)
Cost Analyst, Aircraft Engine Services Supply Chain Cost (1994 - 1999)
Business Analysis Manager/Senior Financial Analyst, Aerospace (1990 – 1994)
Zone Finance Manager, Industrial Services (1987 – 1990)
Cost Analyst, Facilities (1985 - 1987)
Cost Analyst, Assembly Manufacturing (1984 - 1985)
Wide-ranging responsibilities within the finance area during tenure, including operational and trend
analysis, month-end closing, budgeting, production and inventory cost review and project profitability
monitoring and reporting. Became first finance person at GE certified in Six-Sigma.
Captured $0.6 M in external R&D that had been improperly coded to IR&D – later billed to DOD
Improved the reporting and forecasting accuracy of monthly spending on department R&D
programs by reorganizing program groupings.
Eliminated 90% of paperwork/cost analysis time from days to hours by with simpler reports/files.
Eliminated majority of assigned aged receivables history and their causes for Engine Controls unit.
Developed an extremely accurate daily cash forecasting model that correctly predicted the
transition from imputed interest expense to income several years ahead of prior forecasts,
addressing a new corporate requirement.
Streamlined and enhanced a long-range forecasting system division used by analysts in ten
departments.
Boosted asset management results from the lowest third to #1 of 30+ zones.
Reduced analysis time by 90% by automating overhead rate changes.
Identified $1.8 million in excess charges to the B1 project and adjusted back to inventory.
EDUCATION / CERTIFICATION
Bachelor of Arts in Business Administration/Accounting, University of Cincinnati
25% of MBA, Finance classes, University of Cincinnati
GE Financial Management Program
Certified Six Sigma Green Belt