Accounting Management

Norman R Mackey

856-***-**** www.linkedin.com/in/NormanMackey ********@*****.***

SENIOR GLOBAL FINANCE EXECUTIVE

Experienced finance leader in manufacturing sector skilled in leveraging both operations and finance business systems across domestic and global entities. Known for enhanced bottom-line performance through variance analysis, continuous improvement, increasing cash flow, and implementing operating measures as an integral member of executive team.

Resourceful, detail oriented problem solver with the ability to lead, direct, and motivate a team to achieve the optimum results. Led by example instilling integrity, professional ethics, and the need for timely, accurate, and meaningful reporting. Proven Areas of expertise include:

Full P&L, BS, CF Ownership Strategic Planning & Implementation Executive Leadership

Budgeting & Forecasting Process Improvement Post Acquisition Integration Variance Analysis

International Team Building Systems Implementation Cost Management Change Management

Cost Accounting Operational & Financial Analysis & Reporting Corporate Governance - Controls

PROFESSIONAL EXPERIENCE

GKN HOEGANAES, Cinnaminson NJ 1996 – 2016

Vice-President Finance Division Controller Manager Enterprise Accounting

Key member of senior executive team reporting to the president of a $400M global advance materials manufacturer that is a division of a $12B global engineering company. Led international Finance and IT organization for NA, Germany, Romania, China, and Korea. Ensured reliability of all financial systems, adherence to GAAP & IFRS, while keeping a strong eye on corporate governance. Directed and coordinated strategic planning, budgeting, and forecasting processes.

Led $55M insurance recovery as result of an unplanned business interruption. Provided financial impact analysis to senior management and board, weekly updates including forecasts, cash management, inventory control, progress updates, and documentation for insurance claim.

Developed finance team and processes for greenfield operation in Germany. Recruited local accounting team, selected and implemented management reporting system (Mesonic) that would support local statutory requirements and production and costing needs of our business, and insured all controls and governance were in place.

Saved $4M in 1st quarter after invoking a change to raw material commodity surcharge tool. Advised and determined impact of moving surcharge tool from quarterly to monthly.

Implemented business information system that brought together key data from 5 legacy ERP systems (Infor BPCS, BAAN, Mesonic, Mecronics & KKP). Led Finance and IT group to develop mapping into data management system, validated source ERP system, and trained management team and end-users.

Successfully designed processes to integrate a key Romanian acquisition into the GKN corporate structure. Led implementation of ERP system (Mesonic), mentored on the use of accruals, and achieved process improvements, resulting in reducing the closing period by 20 days. Standardized costing system to parallel what was in use through out the Division.

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GKN Hoeganaes (continued)

Developed and deployed facility level financial analytical tool providing consistent approach to calculating and presenting analyticals. Trained financial staff in its use and calculations.

Led financial implementation of Infor (BPCS) ERP system in North America. Determined optimal use of the system, imported historical data from legacy system, and trained North American finance staff on its use.

Developed full costing methodology from material standards, yields, BOM’s, routers, charging rates all tied directly back to budget process.

Led series of Continuous Improvement events within the finance team to identify and realize process improvements. Reduced timeline for monthly closing process from 5 days down to 2.

Improved governance and controls environment by re-engineering processes and procedures, consistent documentation, and formalized approvals.

Collaborated with operations to eliminate surplus inventories, set inventory goals, and negotiated extended vendor terms. Partnered with sales & marketing group to accelerate customer payments and improve forecast of cash receipts, resulting in improved cash flow.

Led financial planning and control of the $20M annual capital expenditure program for strategic expansions, operational cost savings, safety, environmental, quality, and repair and replacement needs.

INTERLAKE MATERIAL HANDLING, Lisle IL 1979 – 1996

Division Controller Manager Division Accounting Plant Controller Division Cost Accountant Plant Accountant

Proven hands-on team leader at both the facility and division levels of a $200M world leading rack manufacturing company. Demonstrated accomplishments in cost accounting and inventory control systems, planning and forecasting, business analysis, financial controls, process improvements, product standards, variance analysis, and financial management.

Managed worldwide accounting functions – US, Canada, and Australia.

Implemented process improvements reducing the monthly close process from 5 to 2 days.

Developed and implemented a “List Price” to “Cost” matrix for the sales group, thus for the 1st time providing a tool for making an informed decision.

Designed and implemented forecasting process resulting in increased sales participation, ownership, and accountability.

Hands on responsibility for creating & maintaining Material Standards, BOM’s, Routers, Charging Rates

Created performance measurement tools for business leaders across multiple sites.

Streamlined financial processes resulting in a 45% reduction of the finance staff.

Led financial implementation of MANMAN ERP system.

EDUCATION

BS in Accounting – State University of New York at Albany

CPA – Certificate Only - Illinois

GKN – Financial Leadership Program - UCLA

Center for Creative Leadership

VOLUNTEER SERVICE

Medford Sunrise Rotary – Current President, past Treasurer – Paul Harris Fellow

Glen at Medford HOA – Treasurer Faith Presbyterian Church - Elder

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