David Rusing
**** ******** ****, ******** *****
ac7xco@r.postjobfree.com
EXPERIENCE SUMMARY
A proven contribution to increased profitability supporting key functions including manufacturing, pricing, planning, logistics, and vehicle and powertrain product programs coupled with project work at plants, business units and staffs. I have interfaced with fellow employees from the plant floor to the CFO and CEO as well as members of the Board of Directors.
EXPERIENCE
Finance Manager, Powertrain Product Development, Electrification / Transmissions, Pontiac, MI 2014 - Present
• Initiated concept and led development of proposal to reduce / eliminate a high cost transmission for emerging market vehicles avoiding $750M in Capital expenditures for 3 sites
• Avoided total resource spending of ~$350M presenting facts for weak business case on GFE2 / P4 system
• Developed pricing methodology for $1.5B in supply agreements with SGM
• Implemented regional common transfer pricing process for GPS products sold to SGM - $15M profit impact
• Developed GPS-specific DOA and review and approval process for all categories of product programs Finance Manager, Global Logistics, Warren MI 2011 - 2014
• Developed and implemented process to track global cost reduction initiatives by $1.5B over 4 year period
• Engaged Material Supply Operations to reduce global premium freight by 50% ($100M savings)
• Implemented common global reporting of key cost drivers improving reporting transparency Finance Manager, NA Manufacturing Facilities Operations, Warren, MI 2009 - 2011
• Negotiated revisions to contracts with third party owners of Powerhouses resulting in $12M savings
• Revised managerial reporting for plants eliminating redundant reporting between plants and headquarters
• Implemented Mobile Equipment asset transfer / tracking process to be compliant with internal controls Finance Manager, NA Manufacturing Utilities, Warren, MI 2006 - 2009
• Led development of information to support GM’s restructuring for U.S. utilities contracts ($500M cost)
• Implemented internal controls including Delegation of Authority for utility commodity and related services
• Developed new reporting isolating plants’ electric and gas usage from rate-driven costs held at headquarters
• Negotiated the development of complex 3rd party contracts with external companies
• Lead development of hourly / salary labor model that utilized key cost drivers (e.g., headcount, overtime hours) to develop forecast for all N.A. manufacturing plants Finance Manager, NA Manufacturing Engineering, Pontiac, MI 2003 - 2006
• Implemented automation of North American facilities actual cost reporting by spending area for report to CFO
• Simplified monthly budget/forecast report to senior manufacturing leadership while improving the content Finance Manager, Decision Support, Corporate Headquarters, Detroit, MI 1999 - 2003
• Implemented process and IT system to report corporate product line profitability and global functional cost
• Corporate PLP report eliminated selling Saturn’s in Japan at a contribution loss of over $25M
• Project Manager for initiative sponsored by Treasurer and Controller to implement a best-practice business planning and capital allocation process
Finance Manager, Global Financial Integration, Corporate Headquarters, Pontiac, MI 1998 - 1999
• Re-engineering of Corporate business planning process using best-practice principles resulted in a more efficient and effective process
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David Rusing
1425 Bradbury, Troy, Michigan 48098
ac7xco@r.postjobfree.com
EXPERIENCE
Finance Manager, Vehicle Line Finance Team, Midsize Cars, NA Car Group, Warren, MI 1995 - 1998
• Developed business cases for new vehicle manufacturing processes and option pricing
• Led implementation of common financial work and reporting processes
• Grand Prix exceeded profitability target by over 100% Team Leader Vehicle Development, Business Decision Center, Corporate Staff, Warren, MI 1994 - 1995
• Developed model that provided net present value from alternative vehicle concepts
• Led cross-functional product program team in the development of a vehicle concept Financial Analyst, Vehicle Sales Service Marketing, GMNA, Warren, MI 1993 - 1994
• Financial support for projects such as new $100M GM ride at Disney World Epcot Center Corporate Budget / Forecast Analyst, Corporate Finance Staff, Detroit, MI 1991 - 1993
• Refined earnings-per-share model to support dividend consideration by the Finance Committee of the Board
• Developed financial model to forecast North American profit obviating the need for divisional submissions North American Pricing Analyst, Corporate Finance Staff, Detroit, MI 1990 - 1991
• Developed new vehicle price proposals for review by management
• Recommended alternative approach to new-model vehicle pricing that was adopted
• Provided key drivers of vehicle sales incentives ($10 billion/year)
• Developed a revised financial reporting system to forecast sales incentives to daily rental customers GM Board of Directors Support, Financial Analyst, Corporate Finance Staff, Detroit, MI 1989 - 1990
• Developed reports and agenda topics for the Audit and Capital Stock Committees of the Board of Directors Finance Staff, Delphi Saginaw Division, Saginaw, MI 1983 - 1989
• Integrated strategic planning and pricing with division’s actual / forecast process
• Implemented product line profitability reporting for division’s 4 business units
• Established divisional strategic planning and pricing departments
• Developed price indices to support price increases to Chrysler improving profit by $2M/year
• Plant cost study on power steering pumps increased pre-tax profit by $1M per year AWARDS
• Recipient, 2008 Chairman’s Honors Award for Natural Gas Procurement Optimization
• Recipient, 2006 Chairman’s Honors Award for Global Common Energy Procurement Process
• Recipient, World Class Achievement Award for outstanding contribution to Saginaw Division EDUCATION
M.B.A. - Finance, Michigan State University, 1983
B.A. - Finance, Michigan State University, 1981