MICHAEL J RUTKOWSKI

adxypq@r.postjobfree.com 734-***-**** Riverview, MI 48193

PROFESSIONAL SUMMARY

Summary of Qualifications A strategically-minded finance leader with the ability to translate strategy into operational objectives and deliverables. Cultivating well-developed interpersonal and formal communication skills, I exhibit the leadership characteristics of motivation, confidence, and intelligence. A proven leader and mentor, working in partnership with management, operations and owners, to identify business risks and improve processes. Experienced across the breadth of the business life-cycle, from start-ups to stable businesses to turnarounds. Financial Executive and Business Consultant with proven experience in business development, from startup to $1B in annual revenues. Offering keen financial acumen to lead businesses to profitability in both lean times and periods of growth. Known for excellent recruiting, hiring and managing high-performance teams. Experienced in finance and accounting, operations, supply chain and human resources.

SKILLS

Complex Problem Solving

Regulatory Compliance

Change and Growth Management

Operational Analysis

Judgement and Decision Making

Financial Management

WORK HISTORY

Corporate Controller Alkon Corp - Fremont, OH (Contract)

09-2022-Present

Corporate Controller for privately held manufacturer of brass and aluminum pneumatic valves and fittings, specifically for semi-trailer applications.

Standardized financial reporting with newly acquired company, Airman Products, in Brighton.

Assumed temporary role of Airman Controller/HR Manager

Reduced Airman close from 10 to 5 days

Launched NACHA payment processing to mitigate payment fraud and errors.

Corporate Controller Sanoh-America, Inc - Findlay, OH 07/2020 – 7/2022

Corporate Controller for a $380M Tier 1 Japanese Supplier of fluid transfer equipment, (brake, water and fuel tubing), responsible for international transfer pricing, quarterly/annual audits, pension audits, risk management, FP&A and financial statements.

Reconciled full balance sheet in 2020, resulting in $2M to bottom line (over-accruals).

Identified erroneous postings in ERP system (PLEX).

Reduced close process from five to four days.

Cleaned up 2,000 erroneous purchase orders from many years back.

Reduced income tax expense by $350,000 by revising US to Canada transfer pricing.

Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.

Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.

Maximized year-end tax benefits by efficiently managing cash flows.

Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.

Senior Finance Director Tenneco Automotive, TEN - Monroe, MI 01/2017 - 04/2020

Commercial & Operations Finance Sole finance support for action plan to consolidate North American footprint through communizing component operations across four manufacturing facilities, as well as cost estimating for North American Ride Control SBU.

Also filling role of Global Account Financial Manager responsible for managing several customers/platforms for ECM's/TVM/pricing, etc.

Examined actual machine utilization, wage rates and freight costs across 6,500 components and 1,500 finished SKU's.

Recommended process relocations based on minimizing total landed cost.

Resulting operation will achieve $42 MM savings annually.

Identified and capitalized on community business opportunities with effective networking.

Produced reports outlining financial data to assist management with making strategic plans and operational decisions.

CFO/VP Aluminum Blanking Company, Inc - Pontiac, MI 10/2014 - 12/2016

Asked to return to prior high-volume manufacturing company as CFO to assist in second turnaround effort.

Implemented standardized quote process utilizing product costing to ensure adequate margins are expected/achieved.

Enhanced commercial risk management program at 10% savings.

Launched effort to certify business as WBE.

Reduced labor cost by 8% by implementing an A, B, C, crew pattern.

Conducted initial forensic audit to establish damages in conjunction with prior management team.

Implemented formal BOD reporting package.

Implemented project/capital planning process.

Successfully marketed/re-quoted commercial credit facility.

Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.

Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.

Negotiated and approved all supplier, distributor and state and federal agency contracts and agreements.

Controller/Treasurer Detroit Manufacturing Systems - Detroit, MI 10/2012 - 10/2014

Appointee to Board of Managers.

SAP Super user, leading conversion from Quickbooks

Successfully helped launch a world class Tier 1 supplier of cockpit assembly, with annual sales of nearly $800 million and 800 FTE, producing nearly 6,000 fully contented instrument panels per day.

Complete financial department creation/implementation including risk management, cost accounting, treasury, operations controlling, annual operating budget, annual cash-flow forecasting with full quarterly rolling forecasting.

Developed & implemented budgeting and financial reporting package in both US GAAP as well as IFRS for minority JV partner.

Managed international supply chain cash flow to ensure positive working capital.

Implemented KPI drivers for operational performance.

Established daily profitability (per unit) reporting processes.

Executed financial due diligence tasks on daily basis to maintain optimal company finances.

Worked with 8 executives to create annual budget and track actual expenses against projected expenses.

Assistant Controller Dearborn Mid-West Conveyor - Taylor, MI 05/2008 - 10/2012

Complete finance department management, including AR, AP and PR for multi-national $300 million private equity owned design/build/install Company of automotive and bulk handling conveyor systems.

Overall responsibility for development of consolidated financial reporting to internal/external parties from project summaries through consolidated financial reports.

Complete responsibility for internal/external financial audits, subcontractor financial analysis, treasury management, risk management and SOX compliance.

Implemented/refined formal legal document management system including notice of commencement, notice of furnishing, lien waivers, and sworn statement across both automotive and bulk handling divisions.

Implemented weekly and monthly KPI after determining significant cost and balance sheet drivers from project summary sheets, on up.

Managed project cost and cash review to ensure positive working capital.

Redesigned project summary sheets to include total commitment costs in order to re-evaluate budgeted costs for percent complete revenue recognition.

Re-examined and implemented sale rates in quoting process for engineering and in-house shop labor expense, resulting in better discipline in allocating direct and indirect hours.

Managed/monitored several sub-contractor bankruptcy processes, limiting corporate exposure and risk of loss.

Re-examined overhead absorption rates to more accurately reflect actual overhead costs.

Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.

Controller/CFO Benlee - Romulus, MI 01/2007 - 01/2008

Overall responsibility for finance department human resources and information technology for OEM trailer manufacturer, as well as two materials recycling facilities in North Carolina.

Structured $20 million asset purchase of scrap yards in North Carolina, with no dollars up front.

Closed on deal six weeks after letter of intent.

Implemented/refined weekly and monthly KPI after determining significant cost drivers.

Reduced financial close process from 12 to 3 days by implementing formal PO system.

Reduced state unemployment assessment from 9.2% to 5.4% by closing old cases/protesting new ones.

Developed comprehensive benefit package for both Michigan/North Carolina companies resulting in better coverage for employees at lower overall net cost.

Finance Director Systrand Manufacturing Corporation 01/2005 - 01/2007

Provided financial/operations analysis and support for $100 MM global tier I supplier.

Directed re-implementation of BAAN IV, ERP system.

Lead financial role in joint venture with $2 billion tier I supplier, as well as wholly owned sub in Korea.

Reduced direct/indirect labor by $600,000 annually.

Worked with program managers to develop quotes as well as tracking costs to budget through job 1.

Worked with Advanced program management to develop tooling budgets and actual costs.

Worked with OEM managers for gap analysis and planning price incentives.

Developed forecasting model tied to weekly customer needs.

Determined weekly monthly cost drivers to enhance profitability.

Refined quoting process to more accurately reflect standard overhead and labor as well as business practices.

This led to more accurate and lower priced quotes to customers.

Controller Aluminum Blanking Company, Inc - Pontiac, MI 01/2000 - 01/2005

Provide ongoing support to executive management of $175million manufacturer of aluminum body closures.

Overall responsibility for general accounting, budgeting, internal/external reporting, treasury management, information systems, credit relationships.

Improved audit report from going concern to unqualified in nine months.

Participated in Six Sigma project to reduce downtime due to scheduling and die changes.

Developed key indicators/benchmarking.

Reduced close process from three weeks to three days.

Reduced RE/PP taxes by 60%.

Reduced corporate insurance by 25%.

Assumed responsibility for Information Systems Group.

Implemented ACCPAC financial reporting system.

Took company from lender's workout group to “prime” credit facility.

Completed journal entries, reconciliations and account analysis to prepare quarterly financial documents and general account management.

Created and distributed reports on internal and external finances, audits and budgets.

Maximized year-end tax benefits by efficiently managing cash flows.

Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.

Assistant Controller JAC Products 01/1998 - 01/2000

Assistant Controller Mexican Industries 01/1996 - 01/1998

Staff Accountant/CFO Special Project Team RL Polk & Co 01/1990 - 01/1996

EDUCATION

Wayne State University, Detroit, MI 05/2004

MBA

Wayne State University, Detroit, MI 05/1996

Bachelor of Science: Accounting

AFFILIATIONS

IV, CMS, JD Edwards, MFG Pro, ACCPAC, MAPICS. Great Plains, Peachtree, Dynamics Organizations Regional Commissioner, AYSO Region 205, Treasurer, Riverview Baseball Assn., Volunteer with Downriver Youth Preforming Arts Council.

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