GEORGE C. DIABES, CPA, MS
*******@*****.***
GLOBAL FINANCE EXECUTIVE
A high-energy strategic financial executive providing global leadership in directing multi-site finance processing, consolidated reporting, and financial planning / analysis at the corporate and division levels. As a Financial leader, drove cross-functional initiatives to promote ERP system design, cost reduction programs, and growth maximization strategies. Key professional strengths and expertise include:
External Financial Reporting (SEC)
U.S. GAAP / IFRS
Global Manufacturing
SOX / Internal Controls
ERP System Design
International Scope
Support Corporate Tax Strategy
FAR/CAS Compliance
Risk Management
Management Reporting and Metrics
Multi-site Leader
Acquisition / Divesture
Cost Reduction/Cash Flow Improvement
International FP&A
Cost Accounting
PROFESSIONAL EXPERIENCE
BRT Companies, Parkesburg, PA November 2013 – Present
Finance Leader - CFO for this transportation leader providing consistent safe hazmat transport of fuels and specialty chemicals through United States and Canada. Providing leadership for specialized financial/cost reporting, financial statement analysis, and product / customer profitability analysis.
Managed external tax audit research eliminating over $400K of tax liability
Design of performance KPI reporting measuring both financial and operating results
Negotiated and secured new capital financing reducing total debt payments by 20%
Secured PPP financing and forgiveness as part of COVID cost containment
Restructured operating management team for maximum efficient performance
Provided strategic direction change from Retail to Commercial markets
COBHAM plc. (Global Project/Manufacturing/Defense), Marlow, Buckinghamshire, UK May 2011 – June 2013
Global Head of Finance Process (Excellence in Delivery Program Design Ending June 2013)
Finance Project leader for the global ERP application of Excellence in Delivery providing business process design for 14 locations delivering $50m annual savings supporting functional system automation, workflow efficiency, and job reconfiguration. Using Oracle R12 as a platform, including finance e-Business Suite modules, Project Accounting, and Custom Interface Applications, provided the tools to secure lasting program returns. As a global project leader, provided strategic direction for SME conference workshops, functional requirements identification, system gap analysis, and communicating business change requirements.
Developed successful end to end finance process scenarios for User Acceptance Test review
Reengineered Business Process to multi-site task levels
Designed global chart of accounts to support IFRS and GAAP ledgers
Oracle design requirements for General Ledger, Cost/Project Accounting/AR/AP/Reporting/Timekeeping
Developed Process Mapping, Audit Trail, and System Training methods
System design passed US special Aerospace and Internal Control regulatory audit requirements
Customized manufacturing cost processes designed and established for Projects, Reporting, and Aftermarket
HERLEY INDUSTRIES, INC, (Corporate/Manufacturing/Defense), Lancaster, PA Feb 2010 – May 2011
Director of Financial Reporting & Compliance (Company sold April 2011)
Key financial executive responsible for SEC External Reporting, Budgeting, and Global Consolidation for this multi-location advanced electronic technology defense contractor specializing in manufacturing and design on a global scale.
Directed Financial Consolidation of global operating locations
Key financial leader supporting board of director and investors communications
Instituted efficient close process reducing time to SEC report by 25%
Responsible for corporate FAR/CAS research and compliance
Provided critical financial support for annual external audit and corporate tax planning
UNITED STATES SEATING GROUP, INC, (OEM Manufacturing/Defense), Exton, PA April 2009 – Feb 2010
Group Controller (Resigned to accept Herley position)
Direct financial reporting, audit liaison, and risk management for this global manufacturer of commercial seating for bus, train, and specialty vehicles.
Financial lead of product development team providing an advanced product at lower cost
Manager in Charge, providing audit detail for DCAA Accounting System Review
Directed Bid Process for reduction in commercial insurance premiums by over 35%
Managed key acquisition process including global tax requirements
ENERSYS, INC (CORPORATE OFFICE – OEM Manufacturing), Reading, PA 2006 – 2009
Assistant Global Controller
Working in the corporate finance group provided leadership for the Worldwide Financial Close and Performance Analysis for this $2 billion global manufacturer, with over 30 facilities within the American, European, and Asian Regions.
Key financial leader providing CEO commentary on strategic global performance
Reduced time to consolidation to comply with new SEC filing requirements
Responsible for key financial reports and analysis as critical backup for SEC filings
Managed external audit liaison process and goodwill impairment reviews
L3 COMMUNICATIONS CORPORATION (BT Fuze Division), Lancaster, PA 2000 – 2006
Division Controller for this manufacturer of high-tech defense systems sold through industry and government on a global basis. As a key member of BT Fuze management team, providing leadership to a professional team responsible for all transaction accounting, program bids, DCAA audit liaison and external reporting.
Financial lead responsible for implementation of accounting modules for JD Edwards system
Coordinated the successful implementation of the SOX Control Process for the division
Directed Bid Negotiations to win division’s first general contract valued at over $50M
ALCOA ENGINEERED PRODUCTS, Cressona, PA 1996 – 2000 (Formerly Alumax Extrusions Division Headquarters)
Director of Financial Planning and Analysis for this extrusion division of the world's largest soft-alloy aluminum manufacturer with over $1.5 billion in extrusion sales on a global basis. As finance executive provided advice to senior management for plant performance, budgeting/forecasting, capital acquisition analysis, and strategic problem solving.
Directed a project to Maximize Profitability by Product Line providing a benefit of $4m
Implemented program to standardize Cost / Performance Metrics for all plant locations
Managed the Division’s Metal Hedge Program to stabilize profit margins on a daily basis
COMPUTING SKILLS
ERP packages including BaaN, Oracle, Syteline, and JD Edwards
Hyperion Financial Management Package for Global Consolidation and Analysis
Directed global finance / accounting system design for multiple locations
NIMBUS Business Process Modeling Design and Training Systems
Additional software skills - Access, Excel, Power Point, Word, Power Play, Cognos
EDUCATION / PROFESSIONAL DESIGNATIONS
Drexel University, Master of Science – Finance
Bloomsburg University, Bachelor of Arts - Accounting
Licensed as a Certified Public Accountant – Pennsylvania
Experienced Commercial Insurance Risk Underwriter Analyst
Experienced US Government FAR / SOX Compliance
Business Process Flow professional
Member - American Institute of Certified Public Accountants