CFO VP Director Finance in Houston TX Resume Michelle Baker

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Michelle L. Baker, CPA, CGMA Houston, Texas 77082 832-256-7751 [email protected] VICE PRESIDENT OF FINANCE/ CFO/SENIOR FINANCE DIRECTOR Well-qualified, Senior Financial Leader & Business Partner to Executive Management seeking an opportunity to leverage financial due diligence, finance/accounting leadership and risk management talent. Successful in partnering finance with operations to drive long-term gains in business performance, revenues, market share and bottom-line profits. Strategic analyst, planner and problem solver with keen negotiation, transaction and deal-making skills. Consistently effective in optimizing capital, reducing risk and increasing corporate liquidity. Proficient in SAP R3 FI/CO/PCA/PS, Great Plains, MK, HFM and JD Edwards systems. Extensive international experience. SELECTED AREAS OF EXPERTISE Financial Due Diligence Strategic Planning Financial Planning & Analysis Consolidated Financial Reporting Financial Modeling Systems Implementation Internal & External Audit Contract Negotiations Risk Mitigation & Management Budgeting & Forecasting Tax Planning Best Practices Capital Project Management Cash Management C-level Presentations LOC & Performance Bonds PROFESSIONAL EXPERIENCE BROUGHER INC., Houston, Texas 2012 2015 Manufacturer of rough machined forged components for the subsea and surface oil and gas industry…DBA Forge USA Chief Financial Officer & Vice President, Finance Handpicked to provide C-level financial and accounting leadership for a $60 million manufacturing organization. Accepted executive level responsibility for an accounting and finance team of eight, all accounting, finance, treasury, tax, human resources, IT and risk management. Partnered with executives to develop long-term business strategy to position company for stability and growth. Secured new bank financing offering reduced rates for term and revolving credit eliminating cross-collateralization and personal guarantees. Sourced and secured new brokers for health, benefits, property and casualty insurance that significantly reduced costs. Guided the R&D tax credit process that generated $320,000 in tax credits for the 2012 and 2013 tax years with $150,000 projected for 2014. Streamlined and integrated HR, timekeeping, payroll and expense reporting that reduced headcount by 25%. Identified/recommended the need to reduce order cycle time in an effort to lower costs and improve cash flow and customer satisfaction. This recommendation supported the implementation of a Theory of Constraints (TOC) model of order/production flow. Negotiated the lease and build-out of a new office facility that reduced costs while upgrading and improving the working environment. Introduced cost accounting and implemented a new manufacturing module for ERP that provided feedback for improved margins. Partnered in building a strong safety program that resulted in reduced workers compensation and TRIR rates. Restructured the HR department and implemented new policies, procedures and processes to eliminate risk exposure and controlled headcount changes. Led company through its first 401(k) audit with a successful conclusion.

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Michelle Baker is a well-qualified Senior Financial Leader & Business Partner to Executive Management seeking an opportunity to leverage financial due diligence, finance / accounting leadership and risk management talent.

Transcript of CFO VP Director Finance in Houston TX Resume Michelle Baker

Page 1: CFO VP Director Finance in Houston TX Resume Michelle Baker

Michelle L. Baker, CPA, CGMA

Houston, Texas 77082 832-256-7751 [email protected]

VICE PRESIDENT OF FINANCE/ CFO/SENIOR FINANCE DIRECTOR

Well-qualified, Senior Financial Leader & Business Partner to Executive Management seeking an opportunity to leverage financial due diligence, finance/accounting leadership and risk management talent. Successful in partnering finance with operations to drive long-term gains in business performance, revenues, market share and bottom-line profits. Strategic analyst, planner and problem solver with keen negotiation, transaction and deal-making skills. Consistently effective in optimizing capital, reducing risk and increasing corporate liquidity. Proficient in SAP R3 FI/CO/PCA/PS, Great Plains, MK, HFM and JD Edwards systems. Extensive international experience.

SELECTED AREAS OF EXPERTISE

Financial Due Diligence Strategic Planning Financial Planning & Analysis

Consolidated Financial Reporting Financial Modeling Systems Implementation

Internal & External Audit Contract Negotiations Risk Mitigation & Management

Budgeting & Forecasting Tax Planning Best Practices Capital Project Management

Cash Management C-level Presentations LOC & Performance Bonds

PROFESSIONAL EXPERIENCE BROUGHER INC., Houston, Texas 2012 – 2015 Manufacturer of rough machined forged components for the subsea and surface oil and gas industry…DBA Forge USA Chief Financial Officer & Vice President, Finance Handpicked to provide C-level financial and accounting leadership for a $60 million manufacturing organization. Accepted executive level responsibility for an accounting and finance team of eight, all accounting, finance, treasury, tax, human resources, IT and risk management. Partnered with executives to develop long-term business strategy to position company for stability and growth.

Secured new bank financing offering reduced rates for term and revolving credit eliminating cross-collateralization and personal guarantees.

Sourced and secured new brokers for health, benefits, property and casualty insurance that significantly reduced costs.

Guided the R&D tax credit process that generated $320,000 in tax credits for the 2012 and 2013 tax years with $150,000 projected for 2014.

Streamlined and integrated HR, timekeeping, payroll and expense reporting that reduced headcount by 25%.

Identified/recommended the need to reduce order cycle time in an effort to lower costs and improve cash flow and customer satisfaction. This recommendation supported the implementation of a Theory of Constraints (TOC) model of order/production flow.

Negotiated the lease and build-out of a new office facility that reduced costs while upgrading and improving the working environment.

Introduced cost accounting and implemented a new manufacturing module for ERP that provided feedback for improved margins.

Partnered in building a strong safety program that resulted in reduced workers’ compensation and TRIR rates.

Restructured the HR department and implemented new policies, procedures and processes to eliminate risk exposure and controlled headcount changes.

Led company through its first 401(k) audit with a successful conclusion.

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Michelle L. Baker, CPA, CGMA Page Two

PROFESSIONAL EXPERIENCE (Continued)

CAMERON INTERNATIONAL CORPORATION, Houston, Texas 2001 – 2012 Fortune 500 global provider of flow equipment products, systems & services Director, Group Project Risk Management (2011 – 2012) Oversaw the risk assessment, mitigation and reporting of financial and project risk for a $500 million revenue division that manufactured and supplied custom engineered process systems on a global scale.

Streamlined the commercial contract review process covering price, warranty, tax, cash flow, credit, payment terms and liquidated damages.

Developed revenue recognition and blended margin forecasting utilizing units of completion for long-term contracts.

Engaged in several projects simultaneously relating to organizational redesign, business process implementation, change management, SAP and acquisition due diligence.

Director of Finance, Custom Process Systems (2007 – 2011) Elevated to financial leadership role for a $200 million global division that provided engineering, project management and product solutions to the oil and gas service market. Assumed financial leadership for a global staff of 52, hedging strategy, performance management, resource planning, budgeting, forecasting, contract reviews and consolidated financial reporting.

Advised President on resource planning matters and recommended the closure of facilities in France and Germany that improved profitability and staffing.

Developed and instituted forecasting tools that improved the accuracy of forecasting financial performance on executed projects.

Transitioned A/R and A/P into a shared services environment.

Partnered on the first phase of SAP project systems module.

Performed financial due diligence and led integration of division accounting and resources during acquisition of NATCO ($1billion) and others in $15 to $20 million range.

Reported under strict guidelines by the Department of Justice in the acquisition of NATCO. Utilized buy/sell agreements to consolidate 8 of the operating entities into 4.

Converted NATCO revenue recognition to company methodology adding $80 million in additional revenue and $19 million in EBITDA in first year of operation.

Managed the growth from $200 million to $500 million within a two-year period.

Group Controller, Valve & Measurement (2004 – 2007) Chosen to build the accounting and reporting infrastructure of a new $350 million global operation that was spun off from the Drilling and Production Systems Group. Accepted financial leadership for a team of eight, all strategic planning, budgeting, forecasting, GAAP compliance, accounting and financial reporting for four divisions servicing the Americas, Europe and Asia.

Led the integration of all accounting and resources as the company acquired PCC ($100 million) and Dresser Industries ($225 million).

Provided financial guidance and stability as the company grew from $350 million to $1.3 billion over a two-year period and EBITDA from 14% to 23%.

Served as integral member of management team in the corporate-wide implementation of HFM software for consolidation reporting.

Group Controller, Drilling & Production Systems (2001 – 2004) Joined Cameron to provide financial leadership for a $1.4 billion global operation comprised of five divisions in the Americas, Europe and Asia. Assumed full responsibility for a team of six, all budgeting, forecasting, consolidated financial reporting, GAAP and statutory compliance. Compiled financial information for external reporting.

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Michelle L. Baker, CPA, CGMA Page Three

PROFESSIONAL EXPERIENCE (Continued)

Improved internal processes/controls reducing reporting time from 5 to 2 days.

Authored white paper and partnered in the initial design of a global SAP system upgrade from R2 to R3.

FLEXITALLIC GROUP, INC., Houston, Texas 1997 – 2001 International market leader in the manufacture & supply of industrial sealing products, formerly a division of Daniel Industries Vice President & Controller, Western Hemisphere Recruited as senior financial leader of a $50 million operation consisting of three facilities in the US and Canada, and joint venture operations in Mexico and Venezuela. Trained and empowered a professional team of 11 performing managerial and cost accounting, credit and collections, budgeting, forecasting, general accounting, inventory cost analysis and financial reporting for several legal entities.

Analyzed product line profitability and recommended the elimination of marginally profitable products that significantly improved bottom line performance.

Led the finance implementation of a $3 million JD Edwards One World ERP platform that integrated order entry, invoicing, cost accounting, variance analysis, and procurement with the general ledger and budget modules.

HOECHST-CELANESE, Bishop, Texas 1996 – 1997 One of the world’s largest manufacturers of specialty chemicals, polyester resins & polymers Project Manager Retained as a Subject Matter Expert on SAP to lead a multidisciplinary team of five in the implementation of SAP FI/CO/PCA modules to fully integrate with PS/PM modules in the Bishop manufacturing plant.

Managed FI/CO upgrades, user/module security, maintenance and troubleshooting.

Designed configuration to electronically interface with Hyperion for corporate reporting.

Delivered project on time and within budget constraints.

EARLIER EXPERIENCE

Controller, Audit Manager and Accounting Manager, Daniel Industries, Inc., Houston, Texas

Led implementation of a fully integrated ManManX platform that automated order entry, billing, inventory and manufacturing operations with integration into the general ledger.

Identified cost reductions that propelled one division from an operating loss to profitability within one year, and repositioned it for its profitable sale.

Senior Auditor, BDO Seidman, Chicago, Illinois

Advanced to Senior Auditor for this public accounting and professional services firm.

EDUCATION, CERTIFICATIONS & CONTINUING PROFESSIONAL DEVELOPMENT

Certified Public Accountant • Chartered Global Management Accountant BS, Accounting, Ferris State University, Big Rapids, Michigan

Leadership Development Program, Rice University Management Development Program, Cameron International

Business Valuation • Governance & Risk • Sustainability

PROFESSIONAL ASSOCIATIONS

American Institute of Certified Public Accountants (AICPA) https://www.linkedin.com/in/michellelynnbaker1