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Management Manager

Location:
Reno, NV, 89511
Salary:
180000
Posted:
January 26, 2012

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Resume:

Eric Vetter

Address: **** ****** **** ***** ****, Nevada 89511

Phone: 775-***-****

Mobile: 775-***-****

E-mail: **********@*********.***

CHIEF FINANCIAL OFFICER

PROFESSIONAL SUMMARY

Forward-thinking leader of financial planning, management, and strategy with expertise in multiple industries and substantial record of success in directing M&A initiatives, developing and allocating multi-million dollar budgets, and improving overall business performance. Adept at analyzing the entire business cycle, defining financial risks, developing strategic plans, and designing and implementing tactical business models. Successful in leading accounting and finance operations for large and established companies with multiple office locations, as well as general management of smaller regional operations. Expert in presenting key financial reports and providing direction to executive management.

Languages: English, Spanish, and Portuguese

AREAS OF EXPERTISE

- Finance, Accounting, and Treasury

- Risks Analysis and Mitigation

- Internal Control

- Investor Relations

- Cost Analysis and Standardization

- Mergers and Acquisitions

- Process Automation and Compliance

- Team Development

- General Management and Business Development

- Forecast, Planning, and Reporting

PROFESSIONAL EXPERIENCE

International Game Technology (IGT)–Reno, NV

Vice President, International Business Development Mar 2008–Mar 2011

Served as Internal Trouble Shooting expert for areas where existing business units struggle; led the development of new business opportunities and direct global deployment of IGT new media technology, including Internet, mobile and thin client system in both gaming and non-gaming segments. Functioned as primary point of contact between governments, regulatory agencies, technology partners, and diversified companies to open and develop new markets for IGT.

- Managed and maintained daily operational efficiency of two IGT subsidiaries in Latin America, one in Mexico City, Mexico and another in Buenos Aires, Argentina, during period of management transition

- Spearheaded the re-establishment of IGT in Chile market, while restructuring sales and technical teams in Argentina and Mexico

- Cultivated and stabilized customers and successfully expanded the business across the Latin American region

- Developed and revitalized performance of the internal team during change initiatives

- Led the attainment of a record revenue and operating income for Latin America of $135M and $56M respectively

- Successfully recruited a local talent in Mexico to take over the office

- Mentored an expat to assume full time lead in Argentina

- Determined business solutions to streamline operations in Japan and successfully lead the restructuring

- Built and managed Government Relations/Business Development team in Beijing and opened the Chinese lottery industry to IGT

- Secured agreement for the first contract for IGT in People’s Republic of China

- Directed IGT’s efforts to reopen markets in Brazil, Russia, and Greece

Senior Vice President, IGT Global Gaming Group Sep 2004–Mar 2008

Planned and strategized operational finance, accounting, credit, and IGT capital, providing services to domestic and international customers, both internal and external. Served as key advisor to the COO, CFO, and President of Global Gaming Group segment with revenue in excess of $2.0B. Oversaw and developed more than 175 professionals. Optimized the administration of balance sheet metrics, including receivables, inventory, and asset utilization.

- Continuously expanded margins and expanded bottom-line results by promoting a renewed focus on Balance Sheet key metrics and operating costs management

- Successfully instituted and managed the IGT capital initiative; partnered with the sales group to work with key customers to provide financing as part of broader product offering, driving higher revenues by securing incremental market share and locking up business for extended periods

- Directed operational accounting and finance teams, setting goals, overseeing work, and driving professional development

- Played a significant role as member of the Pricing Committee responsible for pricing policies on all products and evaluating new product proposals

- Cultivated investor relations, interacting directly with analysts and share holders at trade shows and investor events

Director of Finance, IGT Feb 2000–Sep 2004

Directed all mergers and acquisition financial analyses and support work for IGT. Restructured planning and forecasting processes to integrate tightly with the business. Lead Treasury group and the administration of internal reporting and analysis for North American operations, and consolidated external analysis, business commentary, and conference call preparation.

- Expertly led all M&A financial analyses and aligned the largest acquisition deals, including Anchor gaming, valued at $1.3B, which resulted in doubling IGT revenue, and the key systems’ acquisition of Acres Gaming for $140M.

- Directed the overall acquisition of Canadian distributor, Hi-Tech Gaming, a deal that paid for itself in the first year

- Significantly improved and directed planning and forecasting processes, as well as the implementation of key performance metrics and ad-hoc analysis

- Developed and directed operational finance organization, focused on partnering with key business leaders to establish key metrics (both balance sheet and income statement), measure performance, and analyze trends

- Partnered with corporate accounting group on quarterly and year end external SEC filings by providing analysis of key trends, financial support for key decisions, and commentary on business performance

- Managed Investor Relations, meeting with analysts on a monthly basis

- Strategically directed treasury operations resulting in the completion of $250M line of credit extension

EARLIER EXPERIENCE

Whirlpool Corporation Benton Harbor, MI

Director of Finance: Sales and Logistics (1999–2000)

Director of Finance: Brand and Customer Management (1997–1999)

Director of Finance: Manufacturing and Technology (1996–1997)

Finance and Planning Manager: Global No-Frost Refrigeration Group (1995–1996)

Cabletron Systems, Inc., Rochester, NH

General Manager (Brazil Operations) (1993–1995)

Zenith Data Systems St. Joseph, MI

Controller (Manufacturing and Engineering) (1988–1993)

EDUCATION

(MIM) MASTER OF INTERNATIONAL MANAGEMENT

American Graduate School of International Management, Thunderbird Glendale, AZ

(BSBA) BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION

Major in Finance, Minor in Spanish

University of Nevada Reno, NV

STUDY ABROAD PROGRAM ON EUROPEAN COMMUNITY STRUCTURE, EUROPEAN HISTORY, AND SPANISH LANGUAGE

Universidad de Derecho San Sebastian, Spain

BOARD MEMBERSHIPS

Board Member, DigiDeal Corporation and WagerWorks Inc., USA

Board Member, IGT Japan; IGT Synergy and Asiatic Games–China

Vice Chairman, Junior Achievement of Northern Nevada

PROFESSIONAL TRAINING

Value in Action Course (EVA) ~Business Analysis Tools Course ~AMA Public Speaking ~Product Development and Management Association’s Annual Conferences ~Recipient of Gold Team Award for Business Analysis Tools Course Development (Whirlpool) ~Center for Creative Leadership Training for High Potential Leaders ~University of Chicago Executive Mergers and Acquisitions Course



Contact this candidate