Steven L. Werkheiser Sr.
***** ******* *******, ******** ** 91355 818-***-**** Email:q2ty49@r.postjobfree.com
BUSINESS SUMMARY
MBA with proven success facilitating profitable growth by supporting the senior management team in profit and loss management via financial and, strategic planning, with a unique capability to determine the underlying problem and develop profitable solutions. Key competencies include
• Financial Planning • Strategic Planning
• Shareholder Value Management • Problem Solving
CAREER HIGHLIGHTS
Recommended and negotiated a strategic business acquisition that increased profits by $200M.
Established alliances that contributed profits of $10M+ per year.
Started financial and administrative systems for start-up company
Increased sales $6M by breaking into new markets using existing technologies.
Returned a company to solvency in just one year and established $40 M capital position within two years.
Expert analyst who increases value of corporation through solid financial management of all resources.
• Increased annual profit by $5+M by implementing currency translations within international contract payment terms.
• Saved $250M in annual costs by analyzing , recommending and getting approval for closure of an unprofitable program
• Accomplished $10+M costs saving by recommending sale of idle assets.
• Reduced costs by $15M through consolidation of two under-utilized production facilities.
Innovative leader able to identify and implement process enhancements.
• Developed corporate bonus system using shareholder value modeling that created objective system to measure 60% of senior management’s annual bonus payment
•Won $1 B increase in federal funding through use of delay and disruption modeling techniques.
•Increased efficiency, accuracy and reduced redundancy by centralizing financial analysis functions.
• Improved accuracy and decision making by implementing integrated management resource planning system (MRP).
Excellent communicator who has spoken to the Financial Management Association on implementing shareholder value concepts at their annual conference.
Steven L. Werkheiser
PROFESSIONAL EXPERIENCE
KINGSLEY CAPITAL, INC 2011
Board of Directors
SENIOR FINANCIAL CONSULTANT 2002-Present
QUILITE INTERNATIONAL 2004-2007
Business Manager
• Implement business development for a start-up sound barrier company
• Developed financial models to establish budgets and monitor performance
• Developed and implemented plan to generate investment funding
• Updated financial and business plans as business developed to insure follow-on funding
BRIDGE TECHNOLOGY Garden Grove, CA 2003
Board of Directors Audit Committee
NEW CENTURY COMPANIES, INC., Santa Fe Springs, CA 2001-Present
Financial Consultant - CFO
•Updated financial and business plans as business developed to insure follow-on funding
• Developed financial models to establish budgets and monitor performance
• Reviewed 10 Q and 10K reports for filling
ITALBIZ.COM, INC, Los Angeles, CA 2000-2002
CFO
• Developed business plan to generate start-up funding
• Adjusted and updated plans as business developed to insure follow-on funding
• Developed financial models to establish budgets and monitor performance
• Established administrative guidelines for business and initiated implementation
RAYTHEON CORPORATION, Long Beach, CA 1999-2000
Manager Finance
• Developed business plan for taking internal businesses commercial
• Manage a business group of fourteen people
• Worked on implementation of SAP
MONADNOCK CORPORATION 1999-2002
Board of Directors
NORTHROP GRUMMAN CORPORATION, Los Angeles. CA 1982-1999
Finance
• CFO of subsidiary while directing financial planning of company's strategy to commercialize defense technologies: analyzed and participated in development of start-up ventures, business alliances and acquisitions.
• Recommended/implemented strategic and financial acquisitions including Grumman Corp., Voight and Westinghouse Electronics.
• Convinced CEO on measuring company's performance based on shareholder value concept; introduced employees to new measuring concept. Significantly increased employee performance by linking incentive compensation plan to performance metrics.
EDICATION
MBA, Finance and BA Economics University of California at Los Angeles (UCLA)