Finance Executive

James Banys

*******@*****.***

*** * ***** *****, **********, GA 30004 859-***-****

Finance Executive

Pragmatic, results driven finance leader skilled at driving profitability, cost reduction and process improvement. Broad-based finance background including successful roles in IT financial management, FP&A, Controllership, strategic planning and new product development. A unique combination of strategic acumen and analytical expertise with a proven track record of building and leading effective teams.

PROFESSIONAL EXPERIENCE

INDEPENDENT CONSULTANT – Proven IT Finance 2016-Present

Sr. Management Consultant – Team Lead

Self-employed management consultant specializing in IT Financial Management (ITFM) on behalf of Proven IT Finance, the industry leader in providing consulting and advisory services for clients seeking to successfully optimize IT costs and drive IT value by linking business decisions to IT cost drivers. Successfully led client engagements at such clients as:

Johnson & Johnson Information Technology

UBS Bank

PayPal

Exxon

Erie Insurance

SUNTRUST BANKS, INC. – Atlanta, GA 2015-2016

National U.S. bank providing deposit, credit, trust, investment, mortgage, securities brokerage, and capital market services.

VP & Controller – FP&A

Provided leadership, development and direction for a team of 13 finance managers and analysts with responsibility for financial planning and analysis, budgeting, forecasting and business case development in support of the CIO and the 7 Information Technology divisions (~$1.3B in expense and $400M in capital). In addition, also acted as Controller-IT responsible for fixed assets, the monthly close process and the operational and SOX controls/reporting.

Key Accomplishments

Provided finance leadership in the negotiation of applications management outsourcing contracts that saved $40M in operating costs compared to previous vendors

Optimized IT finance staff by 30%, while improving customer service and quality of reporting

WRIGHT MEDICAL TECHNOLOGY – Memphis, TN 2014-2015

A premier, U.S. based medical group with leading technologies in the fastest growing areas of orthopedics.

Sr. Finance Manager – Corporate FP&A

Directed a team of 7 finance professionals with responsibility for support of the North American Marketing & Sales, Operations, IT and HR executive leadership teams. Responsible for annual planning, monthly forecasting and all financial analysis and reporting for the full N.A. P&L including Sales, COGS and all related SG&A.

Key Accomplishments

Secondary lead on the global roll-out of Hyperion Financial Management (HFM), including establishment of the reporting structure and hierarchies to ensure company-wide consistency in financial planning and reporting

Significantly improved financial reporting by creating divisional KPI scorecards, Financial Flash reports and monthly executive reporting focused on the linkage of financial and operational metrics

MASTERCARD INTERNATIONAL – St. Louis, MO 2008-2014

Leading global technology provider focusing on electronic payments generating nearly $10B in annual revenues.

Sr. Finance Director – FP&A

Leadership and direction for a team of 8 finance professionals providing business planning, budget management and performance reporting for the CIO and his Chief Technology and Operations Officers – oversight for approximately $800M in expense and $225M in capital spend.

Key Accomplishments

Provided financial leadership to the cross functional team that had responsibility for developing a new governance model that significantly improved resource allocation and included revised chargeback methodologies, a centralized expenditure pool and provided improved insight/visibility to the total Portfolio spend. Savings of approximately $10M annually.

Led the development of financial model and business case for the outsourcing of production support and global call center consolidation, generating cost savings of $100M over 5 years.

Realigned internal staff and instituted forecasting and reporting guidelines to build consistency and accuracy in Executive Level reporting packages, earning the CFO’s Award for Financial Excellence.

SOLUTIA, INC. – St. Louis, MO 2007-2008

Global specialty chemicals manufacturer and distributor with $2B in annual sales (acquired by Eastman Chemical in 2012).

Manager – Business Development

Supported the CPFilms line of business ($800M annual revenue) with dual responsibility for key market/macroeconomic trends and competitive analysis as well as leading M&A activities including financial modeling and analysis, contract negotiations, BOD presentations, due diligence and integration planning.

Key Accomplishments

Led the successful acquisition and integration of 5 independent distributors, transforming the CPFilms business model from a 2-tiered distributor model to a manufacturer direct model, resulting in a 20% increase in revenues and 10% increase to EBIT.

ASHLAND, INC. – Lexington, KY 2002-2007

Global specialty chemical and technologies leader with $5B in annual sales during fiscal 2016.

Manager – FP&A

Full P&L responsibility and oversight for the $1.2B Automotive Specialty Chemical business line (Valvoline). Providing reporting, planning, budgeting and control as well as leadership and development of a team of 4 financial analysts.

Key Accomplishments

Led the Finance team in the successful evaluation, acquisition and integration of more than 50 new instant oil change centers generating an additional $30M in annual revenues.

Developed the Valvoline Balanced Scorecard to better reflect divisional operational and financial metrics and bring consistency and transparency to monthly and quarterly results

Directed a comprehensive benchmarking study comparing other “under the hood” (Pennzoil, Quaker State, Halvoline) and “over the hood” (Armor All, Turtle Wax, Meguiar’s) competitors to better understand SG&A to identify cost reduction opportunities and SKU rationalization exercises

Various management roles in Finance 1993-2002

(including Hewlett Packard and Lexmark Intl.)

EDUCATION and CERTIFICATIONS

MBA (Corporate Finance emphasis) – University of Kentucky, Lexington, KY

BBA Finance, with high distinction - University of Iowa, Iowa City, IA

Certified Treasury Professional - CTP (2009)

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