-William X. Henehan
**** ***** *** ****** #*** 816-***-****
Pensacola, FL 32514 acxidt@r.postjobfree.com
Summary
Extensive and comprehensive training/work experiences in business reorganization, cash management, and cost reduction have given me an exceptional background to assume an administrative/management position that will utilize my substantial analytical and evaluative skills. In addition, a strong work ethic, a high level of professionalism, and my proven ability to produce quality results will serve to strengthen your organization and facilitate the achievement of your goals and objectives.
Skills Set
Exceptional ability in reorganizational and restructuring projects
Skill in carrying out necessary corporate revisions, consolidations, and/or cuts
Exemplary ability to handle crisis situations
Strong supervisory capability
Ability to work independently as well as with teams
Highly skilled in logistics and critical thinking/analysis
Employee training and coaching
Organizational and operational skills including prioritizing and time management
Adaptability to new information, changing conditions, and unexpected obstacles
Conflict resolution
Ability to work under pressure with goal of producing quality results
Problem-solving capability
Reliable and dependable work habits
Work Experience
General Manager for Financial Reorganization/Development 2010-2016
Cappadona Funeral Home, Colorado Springs, CO
Took control of business from owners per receivership and hired new funeral director
Put strict cash controls in place
oEstablished fixed salaries for owners with separate accounts
oShared with owners responsibility for checks and ACH approvals
oOversaw transfers from credit card account to general account
oPrepared weekly income statements, balance sheets, and projections of cash requirements
oReplaced accountant with Paychex accounting firm for payroll accuracy and set up separate payroll account
oTerminated staff in charge of death certificates/insurance billing and completed delinquent insurance billings within two weeks
oTracked cash collections
Resolved all legal matters
oHired collection attorney to recover debt for unpaid services
oRetained tax attorney for all IRS issues on withholding taxes
oResolved all matters with state on payroll withholding, unemployment, and sales taxes
Wrote and implemented internal controls to include file documentation, cash management, AP/AR, and employee handbook
Negotiated new lease terms on all vehicles, reset payment terms with numerous vendors, and established maintenance schedules for equipment and vehicles
Reviewed all vendor contracts and made vendor changes as needed to ensure cost reductions
Brought business out of receivership through ten-year lease negotiation with bank, lowering monthly mortgage expense
Initiated daily staff meetings to identify goals/objectives and establish accountability
Prepared business for sale
oPrepared principal owner to file bankruptcy thereby removing liabilities from SBA and personnel liabilities from bank on mortgage
oPrepared projected financials with owners’ business draw-out to determine EBITA
oRetained business broker to move sale of business quickly, CPA for tax purposes, and other professionals as needed
oEnsured up-to-date building maintenance, equipment service, AP/AR, and pre-need sales analysis
oPrepared inventory of all equipment, fixtures, furniture, computers, and other assets
Improved overall financial status
oIncreased sales performance: $850K in 2010 to $1.6MM in 2014
oUsed pre-need specialist to increase bank of pre-needs from $800K in 2010 to $1.1MM in 2014
Operations Controller 2005-2009
Champion Laboratories, Albion, IL
Worked with team to take company from EBITA ($10MM) to $40MM in under two years
Initiated monthly operational reviews setting metrics: Units per Equivalent Employee, Scrap, Overtime, Volume, and Spending Metrics for 5 manufacturing locations
Was responsible for company-wide budgets and all monthly forecasts
Eliminated annual physical inventory shrinks from $650K in 2004 to $2K in 2008
Worked with management team in line-review process at least 3 times yearly to reduce costs and update standards
Coordinated with plant managers for work center consolidations, reducing company manufacturing headcount from 1250 in 2005 to 680 in 2008
Updated all operational procedures to ensure SOX compliance
Reviewed and approved all capital appropriations and was responsible for all cost accounting activities
Served as team lead on strategic planning activities and worked with plant management with focus on build-to-order versus to-stock, resulting in inventory decrease from $55MM in 2005 to $39MM in 2008
Operations Analyst 2003-2004
Harley Davidson Dealer Services, Kansas City, MO
Worked with dealers not meeting corporate standards financially and violating internal controls
Reviewed dealership income statements, balance sheets, new and used bike inventories with floor plan inventories, and accessory, clothing, and service department parts inventories
Prepared review/audit of all expenses and AP/AR
Audited and reconciled floor plan, parts and accessories, and clothing inventories
Reconciled bank accounts, loans, and AP/AR
Prepared detailed listing and review of all loans and leases
Prepared liquidity ratios, reviewed sales trends, and prepared headcount analyses on employee strengths and weaknesses
Collaborated with corporate team to determine outcome for dealership: Harley take-over for restructuring, preparation for sale, or liquidation
Operations Analyst 2001-2003
Harley Davidson Manufacturing Plant, Kansas City, MO
Worked with executives/leadership teams to form strategy, leverage competencies, increase effectiveness, and meet business objectives
Collaborated with union leaders and HR for cost versus benefit analysis
Completed SOX requirements for finished goods and assembly work-in-progress areas
Identified, initiated, and completed sales tax audit review for 2000-2003 resulting in $250K refund to company
Led financial team for transfer of Dyna assembly line from York to Kansas City and set up financial process for Dyna line, generating $2MM savings to company
Oversaw 2% cost-down projects for assembly and materials areas, meeting established targets
Prepared quarterly financial forecast, $500MM annual business plan, and 5-year strategic plan requirements
Developed and maintained conversion cost factors for assembly areas, including head count and overhead requirements
Completed monthly and YTD operational analyses for plant areas and compared results to budgets/forecasts
Prepared daily production reports for 3 product lines and balanced to inventory
Was assigned RF project, eliminating annual physical inventory, reducing material handler headcount by 10, and reducing shipping/receiving headcount by 6
Placed daily cycle counts into effect to define plant inventory locations and to identify improper inventory transactions, vendor issues, material usage variances, and employee theft
Performed overall plant fixed-asset review
Additional Prior Employment
Controller, Independent Consulting Positions (1998-2000)
Group Controller, Echlin, Inc. (1990-1997)
Plant Controller, Prestolite (formerly Motorola) (1987-1989)
Plant/Ops Controller, Wabash DataTech, (1984-1987)
Cost Accounting Manager, Gould, Inc. (1981-1983)
Cost Accountant, Intercraft Industries (1978-1980)
Technical Expertise
Microsoft Office: Excel, Word, PowerPoint, Outlook
Lotus Notes
Mapics
ADP Payroll and automotive applications
Paychex
JD Edwards
Other small business and human resources software applications
Licensure, Certification, and Training
Business Objects Certification 2004
Managing People 2003
Conflict Management 2002
Education
Wharton School, University of Pennsylvania Executive Education, Philadelphia, PA 1996-1999
Strategic Planning, Mergers, Acquisitions
Christian Brothers University, Memphis, TN 1974-1978
Bachelor of Science, Double Major: Accounting and Marketing