Steven Randel
(acb6x5@r.postjobfree.com/248-***-****)
HIGHLIGHTS:
. Financial Analyst for all Ford, Mazda, Volvo, BMW & VW North American
programs & projects, from R&D phase through production contribution
margin & EBIT for both Autoliv North America & consolidated margins
for the Autoliv group (approx $350M annual sales). Results reported to
upper management. Prior to Ford account, did the same for GM & DCx
programs.
. Review and analyze pricing models, terms and conditions as it relates
to customers RFQ.
. Budgeted forecasting (including forecast modeling) and variance
analysis, quarterly forecasting for business units.
. Pre-scheduled time off from December 21 - January 1
SUMMARY:
Results oriented Financial Analyst, over fifteen years experience in the
Financial Management and Administration area of manufacturing & service
industries. Expertise includes auditing, pricing, cost tracking,
forecasting, project accounting, market analysis, governmental accounting
and funding along with all aspects of budgeting. Excellent communication
and PC skills.
EMPLOYMENT HISTORY:
Budco, Inc., Highland Park, MI 01/2006- Present
Senior Financial Analyst/Estimator
. Review data obtained and develops pricing models for both large and
small proposals, as well as task orders.
. Interpret solicitation requirements. Review RFPs and provide any
pricing related questions for submittal to the customer.
. Participate in the development of the solution components and pricing
requirements to meet the needs of the customer.
. Plan, study, and collect data to determine costs of business activity
such as material purchases, cap ex investment, subcontract, and labor.
. Perform cost analysis and estimates for proposal efforts, consistent
with company policies, billing applications and solicitation
requirements.
. Determine price proposal requirements in regards to pricing; cost
build up, account structure, and any additional submittal
requirements.
. Lead pricing reviews with upper management.
. Incorporate revisions to proposals in regards to materials, labor, or
services provided to determine impact on costs.
. Review and analyze pricing models, terms and conditions as it relates
to customers RFQ.
. Interact with sales, account management and clients as needed
. Review actual to estimated profitability per project, report fact
based findings to management.
. Engage in contract reviews, ensure price integrity and provide pricing
support for customer contracts and other pricing programs.
. Provide analytical support to Sales, Finance, and other business teams
in regards to pricing concerns.
. Drive maximization of profit while still providing competitive market
solutions for our customers.
ACS, Inc., Southfield, MI 01/2005- 12/2005
Program Control Analyst
. Price & costing support for new business quotes within the New
Business Unit of ACS. Work in conjunction with Marketing group to
provide accurate, specific quotes to meet the customers' specific
needs, while meeting the financial requirements of ACS.
. Revenue & cost analysis on existing programs.
. Budgeting & variance from analysis.
. Month End close support.
Seeking Employment 12/2004- 12/2004
Autoliv North America, Inc., Auburn Hills, MI 01/1998- 11/2004
Business Financial Analyst
. Provided target costing analysis & costing support for new business
quotes (component cost & tooling) for North American & transplant
customers. Resulted in the awarding of several GM, Ford, VW & Nissan
programs.
. Budgeted forecasting (including forecast modeling) and variance
analysis, quarterly forecasting for business units.
. Financial Analyst for all Ford, Mazda, Volvo, BMW & VW North American
programs & projects, from R&D phase through production contribution
margin & EBIT for both Autoliv North America & consolidated margins
for the Autoliv group (approx $350M annual sales). Results reported to
upper management. Prior to Ford account, did the same for GM & DCx
programs.
. Facilitated Division level financial support for the multitude of
issues faced by the various Plant Controllers in regards to internal &
external Customer problems.
. Researched, analyzed data, Negotiated & collected past due customer
accounts, for both production & R&D.
. Accomplishments in this area include the recovery of over $2M (USD) in
disputed R & D funding, and over $9M (USD) in outstanding production
parts income.
. Finance representative for cost reduction activities (VAVE) for
Ford/Mazda & seatbelt (all) customer groups.
. Tool audit preparation & support for customer tooling audits. Prepare
any cancellation charges & Audit support for such.
. Accomplishments in this area lead to Autoliv being taken off the Ford
list of suppliers for tooling audits on all tooling, saving Autoliv
the time & expense for tooling justification (with the customer) for
each production tool.
. Audit Preparation of spent R&D/capital expenses on cancelled programs,
resulting in revenue recovery in excess of $3M (USD).
. Minimized recall expenses by auditing customer billing details for
unsubstantiated costs being assigned to Autoliv, approximate savings
$.8M (USD) in 2004.
Market Analysis for the Ford, VW, BMW Business units for North American
market regarding the safety restraint market and competitors and trends
(including projected US Government rules as they apply to automotive
safety).
PRIOR EXPERIENCE:
Automotive Products, Inc., Auburn Hills, MI, 1993-1998
Business Operations Specialist
. Project Analyst for various projects, including production and
prototype tooling.
. Audits on work in process projects as well as completed ones, followed
by billing the customer upon audit completion.
. Perform Project profit/loss analysis.
. Budget forecasting and monitoring.
. Cash flow forecasting and Capital investment forecasting.
. Margin Analyses on OE (GM, Ford, DCx), OES, and Aftermarket business.
. Strategy and Pricing Analyst on OES, Prototype, Inter-Company and
Aftermarket parts.
. Collection of past due accounts.
. Economic justification detail and forecast of economic settlements.
. Achieved settlements in favor of Automotive Products in excess of $1M
(USD).
General Dynamics Land Systems, Inc., Sterling Heights, MI (Known prior as
Chrysler Defense Incorporated), 1986-1993
Auditor (1992-1993)
. Responsible for review and audit of all Division Expense reports.
Duties included timely, detailed review and audit of all expense
reports submitted.
. Verified accuracy of all charges within the expense reports so they
were in accordance with FAR, DAR requirements and General Dynamics
Standard Operating Procedures.
. Ensured posting of expense charges to the correct accounts as part of
the detailed billings to the U.S. Government of overhead and direct
charges claims against various contracts.
Financial Analyst (1986-1992)
. Responsible for financial reporting of all General Dynamics U.S.
Government armor spare parts contracts and interdivisional contracts
(both fixed price & cost plus contracts) in accordance with FAR, DAR
and contract requirements.
. Initiated development and forecasting of budgets and manpower levels
for the various programs, including analyses of negotiated, budgeted
cost and forecasted hours against actual performance.
. Coordinated the Division's monthly manpower report, detailed by the
department/contract/project for the applicable month.
. Prepared monthly analysis of contract awards illustrating the type of
funding and funding levels by program. This information was used in
the submission of Division sales and backlog reports.
. Accomplished intensive research on an interdivisional contract, which
facilitated a favorable settlement of $1.9M for General Dynamics,
along with additional revenue for General Dynamics Land Systems on
other inter-division contracts.
EDUCATION AND TRAINING:
Bachelor of Science - Business Administration
Lawrence Technological University- Southfield, MI
Accounting Major
Autoliv & or Automotive Products, Inc.
QS-9000
Team oriented Problem Solving (8D) - Saturn Corp.
Direct Data Link(DDL) - Ford Motor Company & GPIRS- Ford prototype on line
purchase order system
Ford Motor Company TCM(Total Cost Management) - Value Chain Management
System
Karrass Negotiation Training
COMPUTER SKILLS:
. Lotus Notes. QAD Mfg./Pro System. Crystal DB reporting.
. Microsoft Office Professional. JD Edwards . Printstream (cost
estimating software).