Senior manager Finance Activity Based Costing

MICHAEL M. WAGNER

**** ********* ** *****: 510-***-****

Concord, California 94520 ******@***.***

Senior Financial Manager

Twenty years experience as a finance manager, consultant, and controller in major corporations, including Kaiser, Capital One, Black & Decker, Alcon Labs, Mobil Chemical, and GE.

Developed cost and inventory systems; evaluated capital expenditures; implemented reporting and planning procedures; reorganized finance and accounting departments.

Managed finances for distribution and customer service organization supporting $1.2 billion in sales; controlled finances and reporting on $150 million in capital projects; controller for two pharmaceutical facilities.

EMPLOYMENT HISTORY

LECG – Emeryville, California 2006-present

Manager, Expert Accounting. One of the country’s leading consulting firms. Responsible for contract administration of complex employment agreements, providing high level customer service, ensuring accurate payment of bonuses and regular at-risk payments. Significant interaction with senior management and the firms leading experts.

Consultant – Bay Area, California 2004-2006

Provided financial analysis to firms in the bay area including capital appropriations, planning & analysis, and ad hoc reporting.

KAISER PERMANENTE – Concord, California 2002- 2004

Director, Activity-Based Costing. KP-IT, the Information Technology department for the largest HMO. Responsible for implementing ABC representing over $1 billion in expense.

• Designed, implemented, and gained acceptance of cost model for Kaiser’s eight separate regions

• Hired and trained team responsible for identifying, establishing and reporting key metrics, performing cost analysis, and ensuring data integrity

Cost Management Consultant – Annapolis, Maryland 1999- 2002

Consultant for client firms, engaged with start-up, health care, and textile firms providing financial planning, cost modeling and analysis, process improvement, investment analysis, and special projects.

• Identified, presented, and implemented investment analysis process for major capital purchases

• Through Activity-Based-Costing techniques identified significant cost savings for client firm in chapter 11.

CAPITAL ONE FINANCIAL – Richmond, Virginia 1998 – 1999

Group Finance Manager, part of the Performance Management Group reporting to the CFO, responsible for implementing Activity-Based Costing within operations and marketing.

• Lead team that developed conceptual design, implemented ‘proof of concept’ pilot in operations, initiated establishment of user group with major software supplier.

Cost Management Consultant 1996-1998

• Engaged as consultant for textile, semiconductor, healthcare, and publishing organizations; providing Activity-Based Costing and cost management services.

• Improvement in product costing and key support areas for cost reduction. Key team member designing and implementing cost system for major health service organization.

BLACK & DECKER U.S. INC. – Towson, Maryland 1993-1996

Financial manager for company’s North American distribution and customer service organization supporting over $1.2 billion in sale and operating budget over $70 million.

Manager Financial Analysis & Planning

• Responsible for submission of $40 million capital appropriation, construction contract, commitments, and vendor payments.

• Lead team that designed and implemented automated ABC costing system. Presented paper for the new system at national users group meeting. Identified over $500k in cost reductions.

ALCON LABORATORIES, INC., Fort Worth, TX. 1984-1993

Plant Controller, Fort Worth, TX 1991-1993

• Controller for company’s flagship manufacturing facility supporting over $300 million in sales with an operating budget of $100 million. Responsible for financial planning, analysis, cost accounting and capital budgeting.

• Consistently identified and implemented cost savings in excess of salary.

• Improved reporting and planning through automation, providing operation with information previously unavailable.

• Reorganized department to provide more focused analysis, implement cross-training and develop key-associates.

Plant Controller, San Antonio TX 1987-1991

• Controller for company’s dermatology facility supporting over $40 million in sales with an operating budget of $30 million. Managed payables, receivables, cost accounting, and MIS.

• Re-aligned accounting department reducing headcount by 30% while supporting a 40% growth in volume.

• Automated accounts receivable process reducing overtime, improving invoicing accuracy, reducing past due balances and improving cash flow.

• Automated budget process providing more accurate forecasts and allowing for numerous iterations using different assumptions.

• Key team member that implemented automated cycle count procedures eliminating yearly physical inventories.

Senior Financial Analyst/Finance Manager, Corporate Manufacturing Controllers Department 1984-1987

• Responsible for financial control and reporting of company’s major capital projects. Total cost of projects was in excess of $150 million. Capital appropriation analysis, post completion audits.

HARRIS METHODIST HEALTH SYSTEM – Fort Worth Texas 1984-1984

Financial Analyst, Services Division

• Implemented financial consolidation system, receivable system, and cash forecasting model

MOBIL CHEMICAL COMPANY – Macedon, New York 1979-1983

Financial Analyst II, Films Division, Pittsford New York 1980-1983

• Responsibilities included planning, analysis, capital evaluation, monthly financials. Cost system implementation.

Financial Analyst, Plastics Divisions, Covington, Georgia 1979-1980

• Responsible for capital evaluations, inventory control, and data processing.

• Designed, programmed, and implemented finished goods inventory system.

GENERAL ELECTRIC COMPANY Housewares Division, Bridgeport, CT 1973-1978

• Completed FMP program in 1975 with rotational assignments in systems, data processing, general accounting, business analysis, and customer service. Off program assignments included: Budget analyst at largest manufacturing facility, System Analyst- general ledger, MRP, and various marketing and financial modules.

EDUCATION

M.B.A., Finance/Accounting, Simon School of Business, Rochester, New, York

B.A., Economics, Lafayette College (with honors), Easton, Pennsylvania

PROFESSIONAL ASSOCIATIONS

Institute of Management Accountants, FENG, ABC Technologies User Group- presented paper at national convention.

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