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Chief Financial Officer

Location:
Commerce Charter Township, MI
Posted:
November 07, 2017

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Resume:

C. Keith Chulumovich

Cell: kchulumovich@248-***-**** gmail.com 4842 Commerce Birkdale Drive Township MI 48382 EXECUTIVE PROFILE

Senior Executive with extensive global of experience in Finance, Accounting, and Operations focused on strategic and operations planning, executing against financial goals, business analysis and reporting, process improvement, and financial services.

Breadth of industry experience includes leasing, manufacturing, logistics, supply chain and residential real estate. Experienced at working for private equity and in both large public and high growth privately held companies. Expertise in cash flow and inventory management, financial analysis, strategic planning; turnaround/profitability improvement initiatives, management of operating budget and forecast planning cycles. Innovative problem-solver utilizing data analysis and business process development and standardization to optimize efficiencies and deliver cost effective solutions within complex business and reporting structures.

Budgeting and forecasting expertise

Risk Management

System implementations

Business integration

Strategic Planning

Multi-unit Operation Management

Organizational Restructure and

Change

Purchasing

Analytical Skills

Merger and Acquisition

PROFESSIONAL EXPERIENCE

REAL ESTATE SERVICE SOLUTIONS COMPANY, Southfield, Mi. October 2016 to October 2017 VP, Accounting and Finance

Real Estate Service Solutions Company (RESSCO) is a full service commercial real estate company that specializes in urban multifamily.

Responsible for internal and external reporting, vendor payment processing.

Developed and stream-lined tenant rental rate analysis

Part of cross functional management team charged with the re-write/update of company policy and procedures

Responsible for financial integration of three new property acquisitions CHEP CONTAINER AND POOLING SOLUTIONS - Livonia, MI June 2004 to February 2016 Chief Financial Officer

Lead team of 9 finance professionals providing functional, strategic and tactical finance support for both Chep Container and Pooling Solutions, a returnable container management company serving the automotive, industrial, pharmaceutical, and food industries, and Chep Catalyst Containers, a global returnable container management company servicing the oil and gas industry. Combined businesses have $90M+ in revenue, and 150 employees located in 50+ warehouse facilities globally.

Effectively managed company cash flows to internally fund 25% year over year growth.

Key part of private equity seller of company to Brambles (CHEP parent). Led company thru initial Brambles integration. Post-acquisition, integrated two different business segments (IBC and Automotive) into existing business model, utilizing multiple systems. Each integration resulted in initial overhead synergies ranging from

$300k to $2.5m, respectively. Identified operational cost reductions in excess of $500k annually.

Developed and designed customer metrics report which led to additional daily rental billings of ~$750k per year.

Renegotiated customer contracts to include annual cost escalators and fuel sur-charge adjustments, increasing annual revenues ~$500k-$650k

Worked with operations, logistics and commercial teams to develop optimal warehouse network resulting in annual transportation cost reductions of ~$300-$500k.

Spearheaded a SAP system implementation and finance department reorganization for seven companies resulting in $425k annual overhead reductions as part of a shared service model

Redesigned collection efforts with off-shore service provider to reduce DSO by 20%

Optimized budget and forecast processes and models to base them on key operating drivers which resulted in efficiency improvements thru-out the budget/forecast process. PRIME SOURCE POLYMERS - Warren, MI January 2003 to December 2003 Controller

Resin extruder and bank turnaround attempt.

Responsible for all financial functions and dealings with creditors committee.

Stabilize cash flows and manage raw material purchases MERIDIAN AUTOMOTIVE - Madison Heights, MI August 2000 to December 2002 Controller and Divisional Controller

Tiered Automotive Supplier Group primarily providing injection molded and SMC components and body panels.

Responsible for internal and external reporting, cost accounting, budget and forecasting process.

Involved in contract negotiation with Chrysler involving Viper production schedules CAMBRIDGE INDUSTRIES - Madison Heights, MI August 1993 to August 2000 Controller, Corporate Controller

Tiered automotive supplier group primarily providing injection molded and SMC body panels.

Responsible for internal and external reporting, cost accounting, budgeting and forecasting.

Developed plant consolidation and monthly reporting packages gaining reporting efficiencies

Participated in two major acquisitions of Rockwell Plastics (1994) and Goodyear Plastics (1997), conducting due diligence and leading the reporting integration. DELOITTE & TOUCHE - Detroit, MI August 1984 to August 1993 Manager

Provided accounting and tax services to middle market companies in leasing, manufacturing, real estate, and service businesses.

Managed audit and review engagements, supervised professional staff, and reviewed financial statements, and necessary disclosures.

Advised client management on financial operations and reporting, taxation, accounting systems and internal controls.

Education

Bachelor of Arts : Accounting, 1983

Michigan State University - East Lansing, MI, USA

Associations

Michigan State Alumni Association

Detroit Catholic Central Alumni Association



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