Kenneth Gatte
Email: *********@********.***
Address: **** ******** *****
City: Akron
State: OH
Zip: 44312
Country: USA
Phone: 330-***-****
Skill Level: Director
Salary Range: $124,000
Willing to Relocate
Primary Skills/Experience:
Accounts Receivable Accounts Payable Working Capital mgmt Acquisition Integration Shared Services
Educational Background:
Bachelors Degree, Finance
Baldwin-Wallace College, 09/1983 - 05/1990
Berea, Ohio
Job History / Details:
Kenneth M. Gatte, CCE, CICP
Akron, OH 44312
H: 330-***-****
C: 216-***-****
*********@********.***
www.linkedin.com/in/kengatte
CAREER SUMMARY
Senior Finance Executive with extensive operations experience in
a global shared service environment transforming the
effectiveness and efficiency of finance organizations using Lean
and Six Sigma methodologies. Recognized for sound fiscal and
operational management and strategic partnerships resulting in
enhanced profitability, reduced costs, and optimized shareholder
value. Extensive experience with internal and external
reporting, ERP systems implementation and international business
within the area of finance. Strong team-building, leadership,
training, motivation and communication skills coupled with
insights into emerging opportunities, trends, issues and
challenges in the global economy. Specific expertise in the
following:
* International Finance Management
* Collaborative Leadership Style
* Strategic Planning and Vision
* Strategic Alliances
* Continuous Improvement
* International Credit Management
* Process Standardization
* Cost Reductions
* Cross-Functional Teams
* Team Building
* Project Manager
* Integration / Centralization
* Business Development
* Policies and Procedures
* Growth and Expansion Strategy
* Training and Development
* System Implementation / Enhancements / Conversions
* Collection Excellence
* Exceptional Communication
* MS Office
PROFESSIONAL EXPERIENCE
Diebold, Incorporated, North Canton, OH
1999 - 2012
A global leader providing integrated self-service delivery,
security systems and services.
Sr. Director, Financial Shared Services
2011 n 2012
Directly led complete North America business unit across all
aspects of Order-to-Cash and Accounts Payable consisting of 135+
FTE within $11M yearly budget. Responsible for working capital
management, analyzing & executing plan to improve cash flow
opportunities, cost controls, and expenses to provide
consultative support and guide business. Collaborated with
regional and operational VP leadership on daily operations while
driving consistencies between global centers.
* Achieved nine consecutive years of continuous DSO (Days Sales
Outstanding) improvement while reducing bad debt write-offs (0.2%
of sales).
* Developed and executed plan to centralize North America and
Europe Accounts Payable operations to a global center in
Hyderabad, India, resulting in $1.2M annual SG&A savings.
* Reduced FTE further by 24% through strategic alignment,
continuous improvement, and waste elimination.
Director, Financial Services
2008 n 2011
Directed 110-member team across all aspects of Order to Cash and
Accounts Payable functions. Continuously analyzed data and
executed action plans to resolve issues improving customer
satisfaction. Collaborated with customers, suppliers, as well as
corporate leadership on daily operations. Served as global
process owner within all aspects of the revenue and payment
cycles.
* Directed centralization of sales support function for service
billing, resulting in $1.5 million cost reduction and 20% FTE
reduction.
* Developed spend analysis tools and internal controls to support
purchasing savings initiatives and payment term standardization
globally.
* Further reduced DSO from 40 days to 30 days, generating
additional $32M in free cash flow in N. America.
* Partnered with Procurement to increase DPO (Days Payable
Outstanding) from 28 days to 55 days, generating $81M free cash
flow.
Director, Credit & Collections
2005 n 2008
Directed 80-member team consisting of credit, billing,
collections, cash application, and reporting within the Order to
Cash organization. Drove process improvements through
development of KPIs (Key Performance Indicators), SLAs (Service
Level Agreements), policies / procedures, and more effective
metrics.
* Partnered with Sales Directors and Regional VPs to resolve
customer disputes while continually improving DSO and ensuring
overall credit risk policies were in line with corporate
strategies and business needs.
* Developed and implemented cost-reduction strategies that
reduced total annual operating costs of Shared Services
organization by 15% or $1.5M.
* Reduced DSO from 60 days to 40 days while centralizing
acquisitions and reducing FTE by 20%.
Manager, Credit & Accounts Receivable
2002 n 2005
Direct management of credit and collection staff consisting of
30-member team. Monitored staff performance to ensure adherence
to quality and regulatory standards.
* Combined credit and collection functions successfully,
resulting in $133M free cash flow.
* Reduced DSO from 98 days to 60 days, while improving attrition
from 40% to less than 5%.
* Increased customer contact from 10% to 80% through functional
alignment while reducing aged A/R by 50%.
* Implemented individual weekly scorecards and incentive /
recognition programs to drive accountability.
Corporate Credit Manager
1999 n 2002
Established credit lines and terms of sale for North America and
EMEA sales and service. Developed and published a global credit
policy to be utilized in 70 different countries. Direct ownership
of European Business Center credit department in Leeds, UK.
* Reduced bad debt credit related write-offs by 60%.
* Represented company for all legal collection activity including
court appearances resolving customer claims.
* Established Shared Service Center in Leeds, UK.
Sherwin n Williams Company, Cleveland, OH
1983 n 1999
A global leader in the manufacture, development, distribution,
and sale of coatings and related products to professional,
industrial, commercial, and retail customers.
Senior Budget Forecasting Analyst / Accounts Receivable & Claims
Manager
1995 n 1999
Managed a staff of 25 employees responsible for the accounts
receivable, cash management, and deduction resolution functions.
* Responsible for yearly budgeting and monthly forecasting of
$2.1B division. Integrated budget of four divisions into one
consolidated operating plan successfully. Developed proformas to
determine the profitability of new and existing business.
* Integrated the A/R functions of two major acquisitions
successfully, providing efficiencies and significantly reducing
operating expenses.
* Developed accounts receivable, DSO, and cash flow metric for
yearly budget and monthly forecasts. Automated monthly
reporting, which significantly reduced the manual processing
time.
Credit Manager / Claims Manager / A/R Supervisor
1990 n 1995
Analyzed customer financial data to establish credit lines /
worthiness of new and existing business. Performed bad debt
analysis and write-offs. Conducted monthly customer visits to
review financial conditions and creditworthiness. Negotiated /
established payment plans and resolved outstanding claims for
existing customers.
* Implemented a deduction tracking system which reduced credit
memo processing time from 75 days to less than 30 days.
Processed over 75,000 customer deductions per year in a timely
manner.
* Helped develop a policy and procedure manual for a department
of 40 employees.
EDUCATION
Bachelor of Arts (BA) in Business Administration
Baldwin n Wallace College, Berea, OH
Certified International Credit Professional (CICP), 2012
Certified Credit Executive (CCE), 2005
TRAINING
Internal Training, Diebold, North Canton, OH:
The Leadership Circle (offered to the top 100 executives @
Diebold), 2010 - 2011
Value Stream Mapping, 2009
Lean Six Sigma for Executives, 2008
Continuous Improvement (CI) & Process Change, 2006
MBTI (Myers Briggs Type Indicator), 2004