Joseph Lattanzio
*** ****** *****, ******* ******, PA 19348, 713-***-****,
***********@****.***
Senior Finance Professional with extensive international experience
developing and leading highly successful finance teams in a multinational
company. Balanced combination of financial expertise and business acumen
with a record of driving performance improvements via cross-functional
alliances. Experience with organization development/design, restructuring
and integration. Comfortable with the ambiguity of multicultural and
geographically diverse interactions. Valued confidant and trusted advisor
to senior management teams.
. Forecasting, Planning & Analysis
. Capital Expenditure Evaluations
. Performance Modeling
. Credit/Risk Management
. Corporate Governance
. ERP Implementations
. Corporate Development
. Change Agent
. Corporate Finance
. Management/Board Reporting
. Benchmarking/KPI Measures
. Mergers, Acquisitions & Divestitures
. Treasury
. Cash Management
Master of Business Administration, Finance, Widener University, Chester, PA
Bachelor of Science, Business Administration, University of Delaware,
Newark, DE
Professional Experience
Finance Consulting Services 2014 to Present
Senior Advisor - Finance Operations - Greater Philadelphia Area, PA
Currently providing "hands on" finance transformation advice and support
for a client in the health insurance industry. The scope of the assignment
includes defining financial planning and analysis requirements and
establishing a collaborative engagement model that positions finance as a
key business partner. As part of this effort, I am participating in the
determination of staffing requirements and key competencies for the new
support function. In addition, I'm supporting the planning process for
2015, preparing business cases for investment proposals and developing a
metrics-driven approach to evaluating business performance.
hibu (a leading provider of digital, media & search marketing services)
2011 to 2014
Division CFO, Global Operations - King of Prussia, PA
Finance leader for operations in the US, UK and for offshore business
process facilities in India and The Philippines. Responsible for providing
key commercial support functions including pricing, product costing, and
contractual agreements for book manufacturing, advertisement creation,
distribution and customer service . A member of the Senior Finance
Management team responsible for harmonizing finance practices while leading
FP&A, management accounting and business planning efforts. Executive
finance responsibility for offshore entities. Key metrics: 4 countries,
cost base of $500m, 4,000 productive employees, finance team of 20.
Achievements include:
. Integration of fulfillment entities resulting in an annualized cost
reduction of $5m
. Improved production offshore ratio from 40% to 58% generating $25m of
savings annually
. Rebuilt Manila's finance team driving a significant improvement in the
control environment and reducing risk
. Implemented offshore dividend policy facilitating the tax-efficient
repatriation of cash
. Secured tax holidays in The Philippines reducing tax exposure by $2m
over 3 years
. Offshore ownership for fast-tracked SAP implementation
LyondellBasell Industries 1988 to 2011
Director of Finance, Polyolefins Americas - Newtown Square, PA - 2009 to
2011
Accountable for FP&A, cash flow and working capital control, transfer
pricing process, marketing services and contract review. Governance of
performance reporting, capital and fixed cost spending, risk management and
compliance. Board member, Indelpro JV. Key activities include:
. BU Finance lead for Chapter 11 emergence process (reduced debt burden
by ~$21b)
. Negotiated favorable transfer pricing process enabling regional
arbitrage opportunities
. Business reporting process owner for SAP implementation
. Standardization of forecasting and reporting process
. Restructured finance organization
. Project lead - HFM forecast model, SAP BW PA communications, fixed
cost benchmarking
Director of Business Reporting and Analysis - Houston, TX - 2008 to 2009
Short term assignment to develop the management reporting framework
following the formation of LyondellBasell. Global coordination of FP&A
process. Board, Audit Committee and Senior Management reporting. Member,
Senior Finance Leadership Team. Accomplishments include:
. Formation of Business Reporting team
. Harmonized reporting and forecasting for Board, Audit Committee and
Senior Management
Vice President, Finance North America - Wilmington, DE - 2007 to 2008
Full finance responsibility for the business unit including financial
statement management, planning and analysis, credit oversight and
investment evaluations. Member of management team governing asset
rationalization, organization restructure, business performance, risk
management and covenant compliance. Noteworthy activities during
assignment:
. Board appointment, INDELPRO joint venture, Monterrey, Mexico -
initiated shareholder dividend practice
. Oversight of hedging practices minimizing exposure to natural gas
price volatility
. Business unit due diligence - Lyondell Chemical acquisition valued at
$12b ($48/share)
. Asset footprint restructure (2 plant closures; 1 plant restart; 1 new
plant) - improving EBITDA by $30m
. New KPI-driven reporting framework
. Railcar lease financing
Director of Forecasting, Planning and Analysis - Hoofddorp, Netherlands -
2003 to 2007
Accountable for group FP&A and corporate governance activities. Owner of
finance and control policies. Shareholder, audit committee and senior
management reporting. Led global harmonization team ensuring standardized
reporting measures across all businesses and entities. Owner of SAP
controlling modules. Managed post investment review program. Noteworthy
accomplishments:
. Standardized process for capture of individual business plans and
forecasts
. Development of responsibility-based fixed cost reporting
. Global Key Performance and ROACE Measures
. Due diligence team - supporting Access Industries acquisition of
Basell Polyolefins at $6b
Manager, Planning & Analysis, Zaventem, Belgium - 1999 to 2003
Expatriation assignment with full business planning & analysis
responsibility for the European region. Finance liaison for 6 different
(culturally diverse) country finance organizations. Controlling modules
team lead for SAP R3 implementation. Job dimensions included regional
business planning, forecasting, variance analysis, corporate reporting and
capital investment evaluation. Major accomplishments include:
. Development of a standard costing model for customer/product
profitability analysis
. Implementation of a global customer/product sales reporting database
. Led multiple integration efforts following merger of Montell, Targor &
Elenac to form Basell
. SAP project team leader - Controlling
. Y2K reporting solutions
Corporate Finance Manager, Montreal, PQ, Canada - 1997 to 1998
Short-term assignment leading a controlled effort to merge the Canadian
corporate finance function into the North American regional finance
organization. During this assignment I held full finance responsibility
for the Canadian entity and served as a member of the pension committee.
Manager, Business Analysis, Wilmington, DE - 1995 to 1997
Business Finance responsibility for Montell's Catalloy and PCMA businesses.
Job dimensions included planning, forecasting, variance analysis, business
interface and capital project review. Business metrics for profitability,
return on capital investment, inventory levels (days of sales on hand),
receivables, fixed and variable cost, variance analysis and budgetary
compliance. Two Plant Controllers and a Business Analyst reported to this
position. Major accomplishments include:
. Development of a management reporting database bridging data from
separate systems
. SAP R/3 and Business Warehouse project implementation
. Development of business unit profitability analysis tool
Division Controller, Houston, TX - 1990 to1995
Finance and control oversight for engineering, procurement and construction
of production assets valued in excess of $300m. Key contributions
included:
. Negotiation, review and approval of third party engineering and
construction agreements totaling ~$195m
. Overhead cost-reduction exercise generating ~$5m of cost savings
. Designed an integrated project management system
. Implementation and management of a worldwide capital expenditure
reporting network