Fernando F. Smolka
Tinley Park, IL 60477
Cellular: (251) 643- 3774 Email: ***.******@*****.***
WORK EXPERIENCE
Finkl Steel Chicago, IL Corporate Controller December 2015 – Present
Led a team of 9 people responsible for the accounting, finance and treasury departments reporting to the CFO
Responsible for Business Unit consolidation of all reporting for three legal entities
Oversaw the month-end process ensuring that timeliness and accuracy were kept by reconciling accounts and developing monthly financial statements
Analyzed financial reports for accuracy and opportunities for cost savings and cash management
Supervised the internal and external GAAP and IFRS audits for the organization
Implemented procedure and process improvements throughout the organization including but not limited to payroll, accounts payable, banking, budgeting and forecasting and inventory controls
Supported with the implementation of SAP FI/CO acting as a subject matter expert for accounting and finance
Organized and maintained business insurance and benefits working closely with the human resources department and outside vendors
Created a detailed budget and forecasting bottom up model that delivered less than five percent margin of error
Developed product costing model used for inventory valuation, pricing strategy and product profitability
Helped the increase in relationship between operations and finance departments while increasing the visibility and accountability of results throughout the organization
Ran performance meetings with detailed analysis of operation’s KPIs for all the different departments and leadership team
Calculated capital projects payback analysis working closely with sales and operations
Prepared the monthly business unit presentation presented to the Switzerland corporate leadership team
Provided analysis to the sales vice president to understand sales force added value and pricing implications
Georgia Pacific Cedar Springs, GA Manager of Analysis March 2014 – December 2015
Analyzed costs and potential capital work to fulfill long term goals and benchmark against other mills, providing recommendations and creating an action path forward
Forecasted mill results using operations inputs providing senior management with explanations of plan gaps
Performed month end accounting closing procedures for raw materials inventories including account reconciliation and variance explanations. Month end procedures included receipts, invoices, balance sheet reconciliation, consumption, and inventory verification
Supported the plant modeling (F3 Analytics) initiative as the main contact between the consultants and mill personnel while understanding the capabilities of the new model and how it can be used to add value to the full organization
Developed production and maintenance dashboards for each area of the plant utilizing data cubes that provides daily updates of machine production, uptime, and other key metrics and maintenance spending including trends and top spending areas analyses
Led meetings to support capital projects development, providing the financial analysis and project timeline
Provided support to internal and external auditors as needed
Benteler Steel/Tube Shreveport, LA Senior Controller January 2013 – March 2014
Developed reporting for the budget controls during construction phase
Analyzed all costs incurred by the project to be able to provide a more holistic view of the project status including machinery, civil, infrastructure, personnel, tax, and consulting costs
Helped implement SAP by being the finance department (controlling and accounting) subject matter expert
Implemented procedures for accounts payables, fixed assets accounting and recommendation for awards to be used during the project
Created internal order and asset system to maximize property tax benefits
Acted as team leader and point of contact for a group of four accountants and controllers
ThyssenKrupp USA Mobile, AL Investment Controller March 2008 – January 2013
Budgeted and forecasted over $1.6 billion in investments using a detailed Work Breakdown Structure (WBS) and a contract budget base system (CBB)
Developed and provided to the board (CEO/CFO and directors) status reports of project spending and breakdown structure of investments
Provided Earned Value Analysis (EV) for project spending
Worked closely with engineers to analyze and determined estimations at completion (EAC), budget overruns, forecasted cash out curves and necessary investment timing changes
Managed three employees who were responsible for fixed assets, tax accounting and accounts payable for investment
Kimberly Clark Mobile, AL Financial Analyst July 2004 – March 2008
Created the Analysis of Change file for the KC’s professional sector. File was the tool used to analyze pricing, volumes, sales and mix
Developed a Year-Over-Year month end closing report and Control Total report that became the standard cost of manufacturing Y-O-Y performance measurement for three different KC divisions
Worked with manufacturing teams in analyzing data integrity in SAP including best practice
Completed performance and cost forecast monthly, quarterly and yearly
Analyzed cost of manufacturing and cost of sales to create ideas on how to achieve cost savings targets
EDUCATION
Auburn University Auburn, AL
Master’s in Business Administration December 2012
University of Massachusetts Amherst, MA
Bachelor of Business Administration with a Major in Finance May 2004
Magna Cum-Laude. Departmental Honors.
SKILLS
Languages: Portuguese (Fluent), English (Fluent), Spanish (Conversational)
Computer Skills: Excel (expert), MS Word (advanced), SAP (advanced), Cognos (Advance), PowerPoint (advanced), Minitab (advanced) and Primavera (certified)