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Sr. Financial Analyst

Location:
Cypress, TX
Posted:
November 21, 2016

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Resume:

JEFF S. VERCHER

***** ********* *****, *******, ** 77070 832-***-**** acxlg7@r.postjobfree.com

BUSINESS DEVELOPMENT MANAGER / MANAGER OF FINANCE / SENIOR FINANCIAL ANALYST Strategy Leader – Global Manufacturing Environments Accomplished senior executive; with financial and operational expertise. Highly effective in reversing underperforming operations, establishing internal controls, and directing financial management activities to attain profitability and strengthen working capital position. Industry and market experience encompasses high mix, low to mid volume, and highly engineered manufacturing environments. Demonstrated ability to perform in demanding and intense work environments and lead organizations experiencing rapid change through internal growth, acquisition and revitalization. Strengths include:

Strategic Planning & Business Development

P&L Control / Financial Management

Productivity Analysis / Revenue Growth

Budgeting, Planning, Forecasting

Sarbanes Oxley Compliance / Internal Controls

Theory of Constraint/Lean Manufacturing

Team Leadership & Collaboration

Cost Accounting & Inventory Management

Systems Implementation / Development

Streamlining Processes / Delivering Timely Data

Mergers, Acquisitions and Integrations

Six Sigma and 5S implementations

Bachelors of Arts, Economics – University of Oklahoma, Norman, OK Software experience - Oracle, Hyperion Planning, Hyperion Financial Management, SAP-BPC, Microsoft Office Suite Key Successes:

Developed variable cost gap analysis and worked with business unit director to achieve a $2.5 million quarterly cost improvement plan for Wyman Gordon

Provided increased profitability through Cost Reductions, Revenue and Spending profiles, and Lean Initiatives f or an increased EBIT of $12M in 2008, $11M in 2009, $7M in 2010

Successful Acquisition and Integration of five companies during 2011 Ellwood Closed Die Group 2013 – Present

Manager, Marketing and Business Development Systems Perform Financial Analysis of cost estimates against market, as well as establish baseline pricing for various markets in the forging industry. Manage new business development and long term contract pricing agreements. Establish and maintain business metrics and cost analysis for all major cost assets. Create and maintain strategic cost initiatives to build and maintain capacity for the different asset bases

Integrated Salesforce Customer Relations Software for the Closed Die Business Group

Assisted to Increase new products development over 180% from 2013 to 2015

Assisted to Increase existing product retention 52% from 2013 to 2015 Precision Castparts Corporation 1997 – 2013

Division Manager of Finance – Wyman-Gordon Division 2010 - 2013 Manage Budgeting and Forecasting of a $2.5B Division, consisting of 19 manufacturing sites in five countries. Review and Consolidate Weekly P&L, Cash Flow, and Inventory Analysis. Insure compliance with Corporate Policies and Procedures, as well as Sarbanes Oxley requirements. Perform review and approval of Capital Appropriation Requests, Corporate Financial Reporting, and Quarterly Earnings reports.

Perform integration of new acquisitions, inclusive of Daily, Weekly, and Monthly reporting requirements; as well as training on Corporate Matrix. Implementation of Hyperion Planning Applications and Hyperion Financial Management at all sites within the Division.

Provided annual Budgeted Sales growth of over 35% from 2011 of $1.96B to 2012 of $2.67B, with a drop-thru to EBIT of over 20% on increased volume, or $150M

Exceeded Budgeted Sales and EBIT annually for 2010 and 2011

Automated Corporate Matrix to provide more value added analysis of Actuals vs. Forecasted variances Jeff S. Vercher Page 1 Confidential

Senior Financial Analyst – Wyman-Gordon Houston site 2007 – 2010 Performed Daily, Weekly, and Monthly Financial Reporting for the Houston Operations. Built annual Budgets and Quarterly Forecasts; inclusive of P&L, Operating Working Capital, and Cash Flow analysis. Directed cost reduction initiatives, and reviewed all departmental spending to insure profitability. Incorporated Sarbanes Oxley requirements, and wrote control narratives and test criteria for several of the process departments. Performed detailed financial analysis for Budget/Forecast/Actual variances and cost trending. Completed Division and Corporate reporting; as well as detailed analysis for Earnings releases. Managed the general accounting group; for A/R, A/P, Capital Expenditures, and Intercompany accounting. Supervisor of Sales Administration/Sales Manager 2001 – 2007 Managed and maintained all Long Term Agreements, inclusive of annual pricing and Contract Life analysis. Managed the daily activities of the Technical Administration Department. Oversaw the development and planning of all new business as well as integrated all customer directed changes of existing business. Prepared and managed all quotations of new and existing products. Develop key strategies for new business development. Participated in account development plans for key sales and contract negotiations. Assisted in the preparation of annual as well as quarterly forecast and business reviews. Assisted in the development of enhancements for revenue growth and profitability.

Initiated and insured compliance to Sarbanes-Oxley Legislation for the Die Forge Sales Department, inclusive to Control ownership and testing

Prepared and Negotiated Long Term Contracts for Die Forge Division

Streamlined quotation process for both Die Forge and Extruded Products divisions, enabling a more efficient use of manpower in the Sales Departments of both divisions.

Automated annual pricing adjustments of Long Term Agreements

Planned, developed, and participated in the increased bookings and revenue for the extruded Products Division, exceeding all previous Sales goals by more than 200%

Developed and maintain profitable new business initiatives for developmental programs

Increased Military Product profitability by detailed analysis of the cost structure used for those programs Planning Analyst / Sales Representative 1997 – 2001 Managed daily activities of the 2n d

and 3r d

largest accounts of the Aerospace Division. Maintained and assisted in the development of Long Term Agreements for 75% of the Aerospace/Industrial Turbine Customer base. Prepared annual sales forecasts. Managed new part introductions and development. Performed Contract and Purchase Order reviews.

Managed over $75M of annual sales

Reduced overdue products to the customers from 75% to 2%

Managed the reduction of Inventory by streamlining the accounts and analyzing the impact of all changes in the scheduling practices of our customers

Implemented “Supplier Direct Ship” program between Wyman-Gordon and Pratt & Whitney

Planned and developed The Next Generation Jet Fighter

Managed the offload and product placement of entire product load associated with a catastrophic failure of the primary forge complex

Early Positions

Cimarron World Imports 1990 – 1997

District Manager of Retail Sales

General Manager of Retail Sales

Purchasing Manager

Retail POS Manager

Inventory Manager

Education

University of Oklahoma – Bachelors of Arts - Economics Primary Studies – International Trade Economics

Minor Studies – Mathematics

ASTM Metallurgy Studies for Non-Metallurgists

Additional Training

Jeff S. Vercher Page 2 Confidential

Hyperion Application Administration

SAP Business Objects Planning and Consolidation

Oracle ERP Software

Jeff S. Vercher Page 3 Confidential



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