Gary H. Bucholtz, CMA, MBA
Specializing in manufacturing, project management, engineering, distribution, cost control and supply chain (over 15 years in manufacturing), is a hands on financial leader and strategic business partner, with a proven track record of driving change throughout an organization, leading process improvements and partnering with the management team to achieve strategic goals. Focused on improving performance by effectively interfacing with senior management, boards, owners and operational stakeholders utilizing benchmarking data, process reviews, and group facilitation to identify opportunities and implement solutions. Committed to team development through leadership, constructive feedback and providing opportunities to learn new skills. Utilizes strong interpersonal and communications skills to interact with all levels of the organization. ERP and cost system implementation experience.
EXPERIENCE & ACCOMPLISHMENTS:
OPERATIONS and MANAGEMENT:
Directs daily financial business operations including both accounting and IT;
Teams with all functions to drive growth, process improvements, productivity and profitability.
Serves as advisor and partner to management on financial and operational strategies. Develops and reviews reports with all management levels to identify issues and opportunities, provide advice and counsel as appropriate.
Develops and interprets necessary financial and operational data to evaluate and drive the performance of the organization, departments and management. Key contributor in formulating and implementing organizational and strategic plans to insure continued growth and cost containment/reduction. A true business approach to finance and operations.
Teamed with McKinsey and Co. to introduce and implement the “Total Cost of Ownership” concept and approach to cost reduction, resulting in savings to the organization of over ten percent ($1 million+) of total non-labor spend. Led cost reduction efforts throughout the company (operations, administration) resulting in several hundred thousand dollars savings annually while maintaining “best in class” customer service
Leads managers and staff to develop cost containment and quality strategies designed to provide lowest possible cost products and services while maintaining or improving quality and outcomes of service. Establishes appropriate metrics/business drivers for operating entities (KPI’s).
Implements continuous process improvement programs, lean and best practices policies and procedures (SOPs).
Developed financial models for pricing and bid proposals as well as balance sheet/cash flow projections.
A change agent/facilitator. Turned around financial performance from a loss to a 22% EBIT result in twenty four months;
Organized the startup of financial operations in Dublin, Ireland and Mexico. Interfaced/led international financial management staffs in Switzerland, Ireland, China, Mexico (Maquiladora) and Canada.
Organizes, manages, directs and leads full accounting cycle, all aspects of finance, payroll, annual audit, SOX, budgeting, forecasting, planning, analysis, MIS and month end closing. Reduced close cycle to three days from ten.
Organizes, directs and controls accounting and financial information for internal and external users. Prepares and issues Income Statement, Balance Sheet and Cash Flow statements per GAAP and IFRS.
Managed and enhanced consolidated reporting and analysis of company financial results. Integrated reporting of profit centers, domestic and international, into one reporting system.
Implemented Activity Based Costing.
Project accounting knowledge and experience, (WIP, POC, EAC, Std. Cost, Actual Cost);
Responsible for Sarbanes Oxley (SOX) implementation and compliance, policies and procedures.
Liaison for external and internal audits. Leads annual audit.
High tech and service industry experience – billing and time reporting systems experience.
Developed and implemented sales/market segment reporting systems for margin, overhead cost analysis and product line profitability.
Originates presentations to shareholders, PE Investors, 10-Q, 10-K, annual report and other SEC and regulatory filings, i.e. government/FAR overhead reporting and compliance reporting.
Key corporate staff and hands-on resource for forecasting, budgeting and strategic business planning; Coordinates, leads, directs and presents the business planning and analysis process including the annual plan, monthly forecasts, capital expenditure and balance sheet planning.
Monitors the performance of the business unit in accordance with adopted and approved measures and/or benchmarks and plan objectives.
Coordinates pricing strategies including benchmarking of competitors to ensure competitive pricing. Originates product pricing.
Establishes formal policies and procedures for capital expenditure request, evaluation and post audit.
Functions as Treasurer negotiating banking, investments and insurance services (risk management).
Cash management and foreign currency experience. Improved cash flow via collection strategy process.
Establishes and governs credit and collection policies. Drives improvement in DSO.
Advanced inventory management skills;
Performed due diligence work on acquisitions and divestitures.
Evaluates new business opportunities and all capital requests to support new products, technology improvements and facility enhancements.
The focal point of expertise for acquisitions, initial public stock offering, new product development, pricing, costing, distribution, project contracts, VAR agreements, licensing arrangements and leasing.
Oversees/improved cash flow thru improved analysis and planning including foreign currency tenders.
Analyzed the investment portfolio/market to determine the Company’s most beneficial cash position.
Project leader sourcing, implementing (hands on ERP implementation experience) and maintaining integrated accounting computer systems for a multi-location environments including SAP, Oracle, JDEdwards, Symix/Syteline, EVO, SBT, Lawson, Syspro, BAAN, and other software.
Integrated ERP systems and processes in acquired facilities. Trained users to leverage the info available for improved decision making.
Managed and directed the IT function.
Implemented MRP and on-line order and shop floor information system experience in a multi-plant environment.
Proficient with Excel, Word, PowerPoint and Outlook.
Experienced innovative business professional known for strong leadership, direct involvement and results orientation.
Value add staff leader, motivator and developer. “Out of the box” thinker. Has the keen ability to learn quickly and function well under pressure.
Vast business background supporting multi-functional operations that produces increases in efficiency and productivity by allowing me to provide real and substantive data for informed decision-making.
CONTROLLER 2015 – Present
Cobham Slip Rings Naples, Naples, FL
A recognized global leader, supplying innovative Slip Rings for helicopters, battle tanks, infantry vehicles, submarines, radar, wind turbines, nuclear, oil and gas, and other industrial applications such as the food and beverage sector. Controller for U.S. division and plant of an international aerospace/defense manufacturing company. Responsible for all financial closing, reporting, planning, analysis, budgeting, forecasting, tax and cash management.
Harmar Mobility, Corporate Headquarters, Sarasota, FL 2013 – 2015
A world-wide medical products leader of mobility and accessibility products. Responsible for financial leadership of the finance/accounting function. Includes transactional data, (AP, AP, payroll, cost accounting) financial reporting, banking, planning and analysis. Develops strategy, works toward the achievement of company goals, monitors progress, assists the management team with financial and business related issues.
SENIOR CORPORATE CONTROLLER 2010 – 2013
AccuMed Innovative Technologies, Corporate Headquarters, Buffalo, NY
An international contract manufacturer, designer and innovator of medical devices/products. Manages general, cost (Job and Std.cost) and inventory accounting, budgeting and financial reporting and planning functions for operations in the U.S., the Dominican Republic and China. Also leads and directs the IT function for the Corporation.
CORPORATE ASSISTANT CONTROLLER and COST ACCOUNTING MANAGER 2007 – 2010
Nu-kote International Corporation, Corporate Headquarters, Rochester, NY
A global leader in the manufacture and distribution of private label imaging supplies. Managed general accounting, cost accounting, inventory accounting, financial planning and analysis and accounts payable functions. Five plants, three distribution centers in a business to business environment. Led key cross functional teams responsible for financial reporting, product cost and inventory management. (company closed)
REGIONAL FINANCE MANAGER 2004 - 2007
Stantec Consulting Services Inc., US Northeast Region, Rochester, NY
Leader in professional design and consulting services; planning, engineering, architecture, interior design, landscape architecture, surveying, and project management. Responsible for evaluation and financial risk management of the regions twelve practice areas. Managed region-wide financial function. Prepared the annual cost submissions to US government agencies (DCAA and DCMA) and complied with FAR costing regulations. Responsible for all revenue, cost of goods sold (percentage completion), operational analysis accounts receivable and internal controls in the region. Member of the company’s Financial Managers Operations Leadership Team acting as a liaison between the region, office and corporate.
DIVISION CONTROLLER 2001 - 2004
Constellation Brands, Batavia, New York
The largest wine company in the world with revenues exceeding of $1.2 billion. The company develops, produces, markets and distributes branded wines and spirits. Financial leader responsible for cost, inventory and general accounting for the $50 million private label manufacturing and distribution division. Served as the advisor to the division Vice President and sales to assess business performance and opportunities. Provided an active voice for the division to finance, accounting, inventory management and operations departments at the corporate headquarters. (division operations were consolidated and plant closed)
DIVISION CFO and PLANT CONTROLLER 1996 - 2001
Centis Custom Products Division, division of Centis Corp. LeRoy, NY
A major international multi-plant manufacturer and distributor of information packaging including design, print and CD fulfillment. Managed finance, accounting, IT and Human Resource functions for this manufacturing entity with $50 million in revenues. Plant locations in Leroy, NY, Batavia, NY, Dublin, Ireland, Brea, CA. Hands-on direction of general, cost, inventory accounting, accounts payable, accounts receivable and payroll departments. (division sold and location closed)
M.B.A. Finance - Rochester Institute of Technology, Rochester, NY
B.S. Accounting - State University of New York at Brockport, Brockport, NY.
Certified Management Accountant (CMA)
An adjunct faculty member teaching various cost and general accounting, finance and IT courses at SUNY Brockport, Monroe Community College, Genesee Community College and Rochester Business Institute, on a part time evening “as needed” basis.