Raymond E. Leslie

**** ** ***

La Vernia, Tx ****1

Phone: Mobile 830-***-****

Home 830-***-****

aco98e@r.postjobfree.com

Chief Financial Officer

CFO with more than 20+ years of successful financial leadership

responsibility in the fast pace and growing commercial sector of Lockheed

Martin.

EMPLOYMENT:

Lockheed Martin, Commercial Engine Solutions, San Antonio, TX 2007- Present

A jet engine Maintenance, Repair and Overhaul (MRO) facility with $300M+

annual sales, 15% return on sales, working in both the military and

commercial jet engine marketplace.

2007- Present

Director - Business Operations and CFO

Accomplishments

. Drove cost out of the business as evidenced by a ROS of 7.5% in 2007

climbing to 35% in 2011.

. Acquired and assisted with the standup of a second location in

Montreal, Canada in the jet engine overhaul market in complimentary

engine lines with San Antonio in 2013. Currently consolidating

financials across the sites.

. Leaned out all processes from a military environment to a commercial

environment as the company transitions into commercial jet aviation

markets.

. Challenged all systems utilization and embarked on a complete ERP

system replacement in 2012. Replaced accounting systems in 2014.

Operational in 2014.

. Developed the strategy for and obtained Capital funds for the

development of 5 new commercial engine lines in 2011-2014. Complete

and ready for production.

. Reorganized the rate structure from one of overly complex to a simple,

competitive, single rate business, resulting in a 30% overhead

reduction in cost.

. Reorganized the Business Operations organization to be effective,

strong and responsive to internal and external customer needs, with

20% cost savings.

. Continuously challenged the organizations members to become the very

best they can be by coaching, mentoring, providing stretch assignments

and special projects to develop them to their fullest capability.

Responsibilities

. Responsible for setting strategy, vision, policy and direction of the

company as a critical member of the executive leadership team. Daily

responsibilities include leadership of all business and financial

functions of Accounting - GAAP compliance, Finance, FP&A, Audit and

Compliance including Sarbanes/Oxley requirements, Contracts

Management, Legal, Strategic Sourcing and Procurement, Subcontract

Management, Estimating and Pricing, Customer Support Services.

Additional duties include reporting to the Board of Directors bi-

annually, setting the Long Range Plan, Operating plans and budgets and

reporting quarterly financial status to the Corporation. Also

responsible for leading the Strategic Plan for 1, 3 and 10 years

plans. I have a working knowledge of FAR/CAS and interface regularly

with DCAA and DCMA on our Gov't contracts; internal and external

auditors on non-Government contracts.

Lockheed Martin, Akron, Ohio 1978-2007

A Maritime Systems and Sensors (MS2) Line of Business, averaging $200M of

sales per year, involved in the design, development, systems integration

and fabrication of a variety of sophisticated defense related products,

software and systems.

2003- 2007

Deputy General Manager

. Responsible for tactical, operational and strategic leadership of the

site in the absence of the Vice President and General Manager who

traveled extensively in pursuit of new business. Disseminating company

vision, mission statement, strategies for success and goals that maximize

customer satisfaction and company objectives.

1999 - 2007

Chief Financial Officer

Accomplishments

. Led an overhead reduction tiger team focused on overall rate reductions

to keep the business competitive that resulted in multi-million dollar

savings in the first year and projections for steady state savings of

25+% of overhead cost in subsequent years.

. Performed due diligence, acquisition analysis and restructuring

scenarios, as required for all M&A candidates, resulting in 10X growth

from $.9B to $9B over a 10 year span.

. Led the recovery of the financial health of the site as measured by sales

volume and ROS exceeding a compound annual growth rate of 10% per year

over the past three years and ROS in excess of 10% targets for the past

seven years, averaging over 14%.

. Led the Facility Sale/ Leaseback effort to successful conclusion in 2005

for significant savings of $3.7M being realized annually in 2006 to

present.

. Led the realignment of the business in 2006 to combine the Akron

Simulation and Training market segment with LM Orlando based Simulation

and Training business, allowing Akron to concentrate and grow the

remaining portions of the business more in line with our strategic

vision.

. Current Staffing - Program Finance (17), Accounting and Finance (10),

Pricing and Estimating (6), Contract Management (10), IT (33), Exec.

Management (2).

Responsibilities

. Functioning as lead member of the Vice President and General Manager's

Senior Leadership Team as the Finance Director (CFO), consulting and

advising the General Manager on matters of policy, strategy, mission

success and daily operations of a very complex portfolio of high

technology products and services with both domestic and multiple

international customer base always focusing on customer satisfaction.

. Evaluating organizational structure for operating efficiency and

effectiveness. Providing leadership to change the culture to one of

inclusion. Initiating, coordinating, publishing, and monitoring

procedures consistent with company policies.

. Exercising responsibility for the conduct of all business operations and

finance activities in strict compliance with company policies,

procedures, ethical conduct, and the law.

1989-2006

Director - Finance and Business Management

. Monitor key financial and programmatic metrics of ROIC, ROS, CPI, SPI,

EBIT, etc., to assure continued health of the business focusing on sales,

orders, costs, profits, investments, resources and cash to meet and

exceed company objectives.

. Assure business operations, finance and accounting, program management,

contract management, cost estimating and pricing are cost effective and

responsive and the proper controls are in place and operational to meet

company objectives, customer satisfaction and ensure fiscal health.

. Motivate via broad-based assignments, professional work environment,

constructive performance appraisals, career development training,

mentoring and communication of organizational objectives, standards of

performance and conduct with an eye toward retention of critical skills

and positive employee motivation.

. Support new business acquisition processes through analysis of

opportunities, costs, risks, direct and collateral benefits, short and

long-term business impacts and the due diligence process.

1984-1989

Program Director Vertical Launch ASROC (VLA)

. As the program director, successfully led the negotiating team that led

to award of the development, qualification and flight test program,

leading to low rate initial production of the VLA anti-submarine rocket

program that today is the mainstay of business for the site with domestic

and international business that carries significant overhead absorption,

ROS, backlog and an EBIT stream in excess of $225M over the life of the

program to date.

1978-1984

Manager Cost Control / Earned Value Management System

. Responsible for design, software selection, training and implementation

of the site EVMS system

. Awarded tri-service validation of the company EVMS system still in use

today.

. Altered the culture of the site, pushing acceptance of earned value

techniques to the program and IPT level.

EDUCATION/PROFESSIONAL DEVELOPMENT:

Education

Bachelor of Science, Industrial Management

The University of Akron, Akron, Ohio

Professional Development Programs

Program Title Provider Year Completed

NOVA award winner for team work LM Corporation 2013

Financial Strategies LM Corporation 2012

Economic Development Opportunities LM Corporation 2012

Round table Mentoring Leader LM Corporation 2011

Earned Value Management Training LM Corporation 2010

Stephen Covey Leadership Training LM Corporation 2008

Greenbelt Training for Leaders LM Corporation 2006

Coaching & Managing for Results LM Corporation 2005

Managing Employment Development LM Corporation 2005

Lean Leadership LM Corporation 2005

Senior Leadership Development Program LM Corporation 2004

Executive Mentoring Program LM Corporation 2003-2014

Lean Leadership Training LM Corporation 2001

Senior Assessment & Dev Institute LM Corporation 1998

Business Management Institute LM Corporation 1997

Cost Estimating/Risk Management LM Corporation 1997

Independent Cost Estimating LM Corporation 1997

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