Senior Director of Finance

VERN DI LEMBO

**** ************ **, ******* ********, MI 48363 Office: 248-***-**** Mobile: 248-***-****

************@*****.***

EXECUTIVE PROFILE - Global Group Controller/Director of Operational Finance & Special Projects

-Highly accomplished, results driven senior accounting and financial management executive with more than

12 years of progressive experience in finance and operations management within a global multi-billion

dollar organization.

-Demonstrated ability to streamline business operations by relocating entire business units, start-ups of “greenfield” facilities and operations, driving growth and increase operational efficiency and bottom line

profit.

-Strong qualifications in developing and implementing financial controls and processes, in addition to

productivity improvements.

-Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of

Staff and Management. Currently being sponsored and enrolled in the “Top Potential” Leadership

Development Program.

CORE QUALIFICATIONS

- Strategic and Operational Business Planning - Budget Development & Management

- Growth Strategy Development - Business expansions and start-ups

- Global Operational Efficiencies - Complex Business & Operational issues

- Performance Management - Accounting & Financial Operations

PROFESSIONAL EXPERIENCE

Magna Powertrain – Driveline Systems Group Feb 2006 – Present

A global leader in the automotive sector supplying powertrain components worldwide to the OEMs with $3 billion in annual sales

DIRECTOR OF OPERATIONAL FINANCE & SPECIAL PROJECTS (2015 – Present)

GLOBAL GROUP CONTROLLER (2011 – 2014)

Directed a Global finance team of 70 encompassing Controllership, Business Operations, Financial Planning & Analysis, and Financial Reporting supporting the DS EVP and MPT’s Senior Leadership.

Selected achievements:

Relocated a business unit from the US with annual sales of $1.2 billion, double digit annual losses, and a workforce of 2800 employees to Mexico. Currently, the operation in Mexico has achieved and is sustaining double digit profits and employs 1300 employees and is undergoing a second wave of expansion with the addition of a new facility which would accommodate newly awarded business for the NAFTA region.

Participated in establishing a business case and ultimate breakthrough in the award of a major program for China. The award led to the start-up of a “greenfield” facility in China and established our footprint in China for the anticipated growth in the region. The facility is currently in ramp-up mode and will be in a breakeven position by the end of its second year of operation. Full production will be reached in 2016 at which time the expectation and business plan will also contribute double digit profitability to the Group’s overall financial performance.

Drove increased profitability in our EU operation from single digits to double digit profits by focusing on operational improvements by increasing operational efficiency and availability, reducing costs and capitalize on opportunities and synergies by understanding our breakeven point and performing a deep dive in getting an understanding of the overall cost structure.

Developed high performance finance team to drive disciplined growth and strengthen operational controlling activities, including KMIs, to provide the leadership the tools to control, monitor and react, proactively, to sudden changes to economic and operational conditions impacting profitability.

PLANT CONTROLLER (2006 – 2010)

Led central reporting activities while supporting plant GM, DS Group EVP and MPT VP-Finance. Provided for plant’s operational and financial reporting activities, including development of the manufacturing operating budgets, capital budget, monthly and quarterly operational forecasts, quarterly financial reviews, and annual SOX audit and internal/external financial audits.

Selected achievements:

Supported the successful launch of the GMT 900 Transfer Case Program, the largest transfer case program ever awarded

Assisted a team of SAP consultants in the successful system implementation and launch of the division’s ERP/MRP system - SAP.

Initiated and implemented reporting requirements and internal control procedures, including the plant’s standard costing system, departmental policies, procedures and instructions in conjunction with head office standard policies and procedures.

Decoma America Holdings Inc. (a subsidiary of Magna International Inc.) 9/2002 - 8/2005

A global leader in the automotive sector supplying injection molded exterior components worldwide to the OEMs

BUSINESS MANAGER / PLANT CONTROLLER

Responsible for the plant’s operational and financial activity, including developing the Manufacturing Operating Budgets, Capital Appropriation Activity, Inventory and SOX compliance, supporting the plant GM and Group’s VP-Finance.

Selected achievements:

Negotiated a three year contract with MOPAR in providing exclusive customization services for the South East Michigan region. Potential sales estimated at $80 - $100 million dollars for the duration of the contract.

Led our division in attaining our goals for the Winning Team Cost Reduction Program. We were able to exceed our targets and were presented with Decoma’s Diamond and President’s Award. Part of this challenge was to negotiate our division’s first Asian contract which totaled savings in excess of $3 million dollars.

Previous Positions Included:

WEISBORD, GARMAISE, DELGAUDIO & ASSOCIATES CPA Montreal, Quebec

FILM TAX CREDIT CONSULTANT (2000-2002)

TELESCENE FILM GROUP INC. Montreal, Quebec

CHIEF FINANCIAL OFFICER (1997-2000)

VARIOUS PUBLIC ACCOUNTING FIRMS Montreal, Quebec

AUDIT & TAXATION (senior, supervisor, manager positions) (1980-1997)

EDUCATION/TRAINING

Graduate Diploma in Public Accounting, McGill University, Montreal, Canada

Bachelor of Commerce, Major in Accountancy, Concordia University, Montreal, Canada

PROFESSION CERTIFICATIONS / AFFILIATIONS

Member, Canadian Certified Professional Accountants and Ordres des Comptables Professionnels Agrees du Québec (member since 1983)

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