Finance Manager

Douglas Y. Webb

***** ****** ***** ***** *********, VA 23015

804-***-**** (H) 804-***-**** (C) *********@***.***

CAREER SUMMARY

A demonstrated leader of finance organizations in financial services, manufacturing, and retail industries.

Leadership experience spans global teams, leading through leaders, and managing individual contributors.

A strategic thinker who moves easily into planning and execution

Successfully designed, developed and directed multiple finance shared services organizations.

Recognized leader in process and shared services best practices.

PROFESSIONAL EXPERIENCE

VACO RESOURCES, Richmond, VA 2016 - Current

Director – Consulting Services

Responsible for providing broad finance process, technology, and organizational improvement services. Developed and currently lead a Shared Services Partnership best practices sharing roundtable for key clients.

GENWORTH FINANCIAL, Richmond, VA 2005 – 2016

Vice President – Expenditure Management - Financial Planning & Analysis (2013 – 2016)

Responsible for end to end expense management to include Planning and Analysis, Sourcing, Purchase to Pay, Global Travel Management, and Expense Controllership functions for the U.S. Life Insurance Business and Corporate Headquarters organizations. Led a team of 35 Sourcing and Finance professionals.

Led the development and management of a $700MM annual expense and $50MM capital plan

Finance leader in the consolidation of headquarters and business overhead functions, delivering a $100MM expense reduction.

Led the Sourcing organization responsible for over $900MM in global spend under management. `

Vice President & Controller – Finance Shared Services (promoted from Director) (2005 - 2013)

Responsible for Expense Accounting & Reporting, Purchase to Pay, Global Travel & Card Programs, and relationship management of global finance offshore processes.

Consolidated expense controllership activities across U.S. and European businesses into centralized teams

Implemented a Shared Services Business Scorecard for policy compliance, risks, and opportunities.

Designed and implemented the Source to Report process integration of finance and procurement

Led the Global Purchase to Pay design and implementation of the Oracle Financial platform

Created a Global Travel Vision successfully implementing all planned changes

Optimized Finance offshore management processes reducing attrition for 35% to 12%

Leadership champion of the Finance Development Program for 13 early career associates

SHARED SERVICES CONSULTING, Richmond, VA 2003 – 2005

Principal Consultant to Martin-Brower Co. LLC – Chicago, IL

Provide consulting services in developing overall strategy, process improvement and organizational development.

Developed Shared Services Business and Operating Plan

Led external benchmarking and implemented key performance measurements and reporting

Recommended and implemented process, control and technology improvements

Completed an organization evaluation, recruited and hired leadership team, served as interim Director of Shared Services reporting to CFO.

Douglas Y. Webb

GEORGIA-PACIFIC CORPORATION, Atlanta, GA 2000 – 2003

Division Controller – Consumer Products Group

Responsible for accounting controls and financial reporting for a $7B business segment spanning seven national businesses and 30 manufacturing and support locations. Led a staff of 24 associates.

Directed the integration of financial systems and accounting processes for the Georgia-Pacific acquisition of Fort James.

Consolidated controllership activities from four corporate locations eliminating 7 positions.

Directed the consolidation of shared service center activities eliminating 32 positions.

Implemented standardized financial reporting and reduced closing cycle from 7 to 5 days.

Developed a quality assurance area to focus on financial policy standardization, accounting data integrity, and internal control assessments that improved the overall control environment.

FORT JAMES CORPORATION, Richmond, VA 1986 – 2000

(Acquired by Georgia-Pacific Corporation)

Director – North American Shared Service Center (1996 – 2000)

Built and directed a 90 associate finance shared service center with an $8MM annual budget. Responsible for General Ledger, Accounts Payable, Sales & Use Tax Compliance and Reporting, Freight Payment & Accounting, Corporate Travel & Card, Property Accounting, Financial Systems

Represented the finance team in a Strategic Sourcing Redesign Project producing a supplier stratification and management framework to drive savings initiatives

Implemented performance measurements leading to efficiencies, cost reduction and service improvements in each process area.

Implemented employee development, training and recognition programs reducing turnover from 25% to 8%.

Developed an overall technology strategy and roadmap that guided all conversions, upgrades and enhancement activities.

Project Manager – Finance Redesign & Systems Implementation (1994 – 1996)

Led an enterprise finance redesign initiative and a cross functional team of 75 associates and consultants

Designed and built a financial shared services organization through enterprise wide consolidation of finance processes. Design included policies, processes, technology, staffing and training.

Completed a cost and headcount benchmarking study across total finance organization.

Managed the design and implementation of a standardized SAP General Ledger system replacing 19 systems, and 7 charts of accounts across 28 facilities.

Led the finance team for SAP accounts payable/purchasing integrated systems implementation.

Accounts Payable Manager (1988 – 1994) Financial Projects Manager (1986 – 1988)

EDUCATION

B.S. Degree in Business Administration, Accounting, Old Dominion University

Advanced Leadership Course, Darden School of Business, University of Virginia

COMMUNITY

Past President, Ashland Little League

Finance Chair and Deacon, Taylorsville Baptist Church

Volunteer, University of Richmond Q-Camp & R-MC Edge Program

Member, Hanover Chamber of Commerce

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