Adnan Mughal
Senior Director - Financial Planning & Analysis - SunEdison (SUNE)
Chesterfield, MO
**********@*****.*** - 828-***-****
Business Executive with 15+ years of broad experience in finance and operations, leading global organizations
to drive top and bottom-line growth. A cross-functional team builder with strengths in Financial/Budget Analysis,
Auditing, Govt. Contracting, Business Process Analysis, Lean/Six Sigma, Strategic and Cost Management. A
global critical thinking leader with extensive experience in Controllership, Compliance, Project Management,
and Financial Planning & Analysis (FP&A).
WORK EXPERIENCE
Senior Director - Financial Planning & Analysis
SunEdison (SUNE) - St. Louis, MO - June 2013 to Present
Lead all aspects of financial planning with both GAAP & non-GAAP internal and external reporting as a Global
FP&A leader of a $3B+ solar energy business.
• Assembled financial results against external guidance for quarterly earnings call with Investor Relations (IR).
• Created a 5-year Long Range Planning (LRP) model for company-wide margin analysis and better cash
management.
• Revamped the weekly/monthly/quarterly cadence in financial estimates vs. forecasts along with Risks &
Opportunities (R&O).
• Lead all operating plan activities with scenarios to drive not only cost efficiency but also organic and inorganic
growth.
• Lead an expanded FP&A team with leaders in income statement, balance sheet/cash, supply chain &
engineering functions.
• Established a model around the Retained Value (RV) concept which led the company to hold more solar
projects on the balance sheet vs. selling, creating 2-3x greater NPV/wt. The increased RV helped the company
double its stock value in less than a year.
CFO at GE Energy Management Services
General Electric - Pittsburgh, PA - November 2012 to June 2013
Led all aspects of finance for a new $1B+ services organization under Energy Management (EM).
• Led the integration of the services segments of EM P&L's, including Power Conversion, Industrial Solutions,
Digital Energy, and Intelligent Platforms on a phased approach by regions while implementing best practices.
• Developed a finance structure with both regional and product vertical view to maximize orders/top-line growth.
• Created the first operating plan for EM Services issuing basic ground rules on growth prospects aligning
with internal Performa.
• Partnered with IT to evaluate the health of many complex ERP systems across legacy sub P&L's and brought
them together under one platform for transparent and reliable financial data in order to make sound decisions.
Project Leader at GE Global Growth Organization
Global Assignments - March 2012 to October 2012
Competitive Europe - Recommended a short-term and long-term action plans on how to reduce complexities,
structure, and costs across GE Europe after conducting best practice analysis and benchmarking. This initiative
became critical post European economic slowdown. Created a 5-year cost roadmap delivering approx. $4B
of savings.
• Global Flag Planting - Led controllership and compliance assessments across 7 different emerging markets.
After conducting audits in nations across South America, Africa, and Asia, established and presented a
decisioning framework on when, how and if to enter a new emerging market. The framework created an
opportunity for limited resources and expertise to be focused on key countries on priority basis and growth
potential.
Finance Leader
Engineering & Technology at GE Energy - Atlanta, GA - November 2008 to February 2012
Developed, managed, and tracked the Energy Services Engineering (ESE) spends in R&D, and technology
investments across all Energy Services teams with costs approx. $1B/year and headcount of 4400+.
• Partnered with the VP and the leadership team of engineering to establish an ongoing 3+year's strategic
vision for future investments and engineering focus based on the growth space by product line and geographic
region.
• Evaluated, on a semi-annual basis, Return on Investment (ROI) analysis on engineering "New Product
Introductions" (NPI) investments and future Sales/Profit associated with them.
• Acted as a true cost partner in helping ESE leadership to make investment decisions both organic and
inorganic.
• Led an investment council with an internal VC model to fund innovative ideas while expanding in the white
spaces.
• Drove controllership across all of the 16 teams especially for the teams who are primarily focused on Smart
Grid and Renewable Energy/Transmission & Distribution (T&D) due to Software and Intellectual Property (IP)
implications.
• Developed strategic plans to lean out existing financial processes (lean six-sigma) not only for reducing cycle
time and touch time but for greater efficiencies to drive productivity.
• Established an R&O process to understand program spends in a given week/month/quarter for accurate
predictability.
• Led the Operations and Quality teams for 2 quarters until permanent replacement was brought on board.
Director, Finance
General Dynamics Information Technology - (GD) - Fairfax, VA - November 2006 to October 2008
Managed all financial aspects across 8 different cost pools, 18 direct, and 12 indirect service center
organizations with revenue exceeding $400M and indirect expenses of over $25M.
• Developed the Sector Strategic Plan outlining the budgets and business/financial goals for five following
years.
• Reviewed all AR dept. activities including billed/unbilled and ensuring all cash collection goals are achieved.
• Reviewed and then present Sr. Management with Cost In Process (CIP) analysis and their balance sheet
review on a quarterly basis for the top 3 programs with revenues $100M and over. This initiative significantly
reduced the uncollected cash balances.
• Reviewed proposals to ensure financial integrity and compliance with federal and corporate guidelines.
• Participated in preparation of large proposals with amounts exceeding $6B.
• Recommended, initiated, and conducted finance/accounting and general control audits as defined by
Sarbanes - Oxley and DCAA for the business areas/groups within the sector.
Senior Manager, Finance
General Dynamics Information Technology - (GD) - Fairfax, VA - March 2006 to October 2006
Led as a principal leader for all financial matters for Army & Joint Defense Programs (AJDP) Group with
revenues over $250M.
• Reviewed and compiled month/quarter-end revenue/EBIT reports for groups under AJDP vs. budgets/
forecasts.
• Presented recommendations to leadership on how to maximize revenue and EBIT while controlling expenses
for AJDP orgs.
• Conducted numerous audits ensuring the groups are in compliance with DAR/FAR and other government
regulations.
Manager, Finance
General Dynamics Information Technology - (GD) - Asheville, NC - March 2005 to February 2006
Led all financial tasks from budgeting, forecasting, and cost management for an $80M P&L.
• Streamlined order-to-cash analysis leading to improved profitability and reduced uncollected cash balances.
• Solved problems related to task performance, AP, AR, collections, and other related day-to-day activities.
• Performed specialized tasks of a non-routine nature in support Business Services functions: property
management, facilities planning, security and office administration.
Sr. Financial Analyst / Financial Analyst
General Dynamics Information Technology - (GD) - Asheville, NC - February 2003 to March 2005
Owned all aspects of direct and indirect budget formulation process for AI-2 division.
• Provided management with financial analysis and reporting to ensure costs are controlled and profits are
maximized by keeping close track of all journal entries, T-balances, general ledgers, AP, and AR, etc.
• Prepared month end and quarterly cost / revenue reports for divisional leadership and finance manager.
• Conducted audits and analysis of direct and indirect costs, and reviewed practices and procedures, ensuring
that labor and non-labor charges are allocated correctly. Also ensured quality with billing activities.
General Manager
Reema Optico - January 2000 to July 2001
Managed all aspects of day to day activities associated with 6 eye care centers. Jan. 00 - Jul. 01
Owner/Manager
Jaalbazar.com - International - July 1999 to July 2001
Owner
Eye N Sight - June 1996 to July 1999
EDUCATION
Executive Education in International Economics
Harvard Business School, Harvard University
2012 to 2012
Experienced Financial Leadership Program in Leadership
GE Crotonville - John F. Welch Leadership Center
2011 to 2012
Master of Business Administration
Texas A&M University
2002
Bachelor of Science in Business Management
North Carolina State University
1999
SKILLS
GE - Green Belt Certified - Lean Six Sigma