Controller
Resume:
Michael W. Griffin
**** ******* ***** 205-***-****
Franklin, TN 37067 *************@*****.***
Summary of Qualifications
Decisive, profit driven individual with extensive financial management experience. Skilled in strategic planning, capital expenditure administration, forecasting, budget development / management, financial analysis, process improvement, operations and inventory control. Strengths include organizational skills, negotiations, team development, training and supervision.
Professional Experience
Sitel Incorporated, Nashville, TN 2009 - Present
Global Controller – Information Technology/Telecommunications
Global organization of 600+ associates in twenty-six countries with an operating budget exceeding $130 million. Responsibilities include annual operating budget preparation, capital planning and administration, operating performance analysis, financial modeling, contract review and negotiation.
• In conjunction with the IT leadership, operating costs versus prior year were reduced by $29.3 million or 18.7%.
• Finance leader of a team which successfully renegotiated a new global telecommunications contract resulting in annualized savings of $9 million.
Allied Waste Industries Incorporated, Pensacola, FL 2007 – 2009
Controller - Gulf Coast District
District of 800+ associates located in four states with an operating budget exceeding $250 million. Responsibilities include annual operating budget preparation, capital planning and administration, long-range strategic planning, analysis of operating performance versus plan, internal financial presentations, contract management, Sarbanes-Oxley compliance and full responsibility for accounts receivable/ payable and general ledger reporting.
• Reduced operating costs versus prior year by $12.3 million or 11.3%.
• Increased EBITDA versus prior year by $3.9 million or 10.7%.
• Increased EBIT versus prior year by $4.6 million or 19.8%.
Saks Incorporated, Birmingham, Alabama 1998 - 2007
Corporate Controller - Information Technology / Telecommunications
Division of 500+ associates located in seven states with an annual operating budget exceeding $90 million. Responsibilities include annual operating budget preparation, capital planning and administration, long-range strategic planning, analysis of operating performance versus plan, contract management, Sarbanes-Oxley compliance and expense payable supervision.
• Participated with the SVP of Operations and VP of Telecommunications in two separate renegotiations of the telecommunications and IBM mainframe lease contracts. Realized annual cost reductions of $2.7 million (Telecom) and subsequently $6.4 (Telecom) and $3.2 million (I.T.).
• Renegotiated the EDI services contract resulting in annual savings of $1.3 million.
• Performed a lease versus buy analysis related to an existing equipment lease resulting in a buyout of the lease and annual operating expense reduction of $1.2 million.
• Performed a lease versus buy analysis on Point of Sale (POS) leases resulting in a buyout of the leases and annual POS lease expense reductions of $410k.
• Implemented a telecom invoice review procedure to reduce the impact of billing errors resulting in $200-400k in annual savings.
Michael W. Griffin Page 2
Mercantile Stores / Southeast Division, Montgomery, Alabama 1979 - 1998
Division Controller (1992 - 1998)
A division consisting of twenty-two locations grossing $525+ million in annual sales. Responsibilities included annual operating budget preparation, financial analysis of profit performance, investigating budget variances and recommending solutions, treasury function, financial reporting and presentations to management and Board of Directors, compliance with inventory control procedures, supervision of the division accounting function, working with the operating units to execute daily plans and achieve financial goals and provide financial education to non-financial personnel at all levels.
• One of six division individuals chosen to participate on five corporate initiative teams charged with improving the operations of Mercantile Stores. Re-defined and created a new capital expenditure approval and administration process.
• Automated the operating budget and capital expenditure planning processes creating a more accurate, timely and streamlined approach.
• Working in conjunction with the Group President and V.P. of Operations, the division achieved or exceeded sales and operating profit targets for five consecutive years.
Central Accounting Manager (1989 - 1992)
A division consisting of eight locations grossing $200+ million in annual sales. Responsibilities included the supervision of 45 associates engaged in all aspects of the accounting function including but not limited to treasury, payroll, accounts payable / receivable, sales audit, and general ledger review. Other responsibilities included month-end financial reporting, financial planning, profit and loss review and issuance of inventory guidelines and compilation of results.
• Consolidated accounting functions and increased productivity which reduced operating expenses by 10.2% in a two-year period.
• Automated the purchase order tracking/maintenance process resulting in a more accurate and enhanced reporting structure.
• Implemented a cash refund reconciliation process which reduced fraud by $100k annually.
Education
Troy State University, Troy, Alabama
B.S. Business Administration / Finance
Auburn University, Auburn, Alabama
Completed three years with concentration in Business Administration / Finance
Additional Training and Courses
Oracle
Cognos
Hyperion/Essbase Financial System
Microsoft Office Suite
Financial Analysis
Benchmarking Best Practices
Supervising Off-site Employees
Sales and Use Tax
Lotus, Beyond the Basics
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