Financial Management
- Asset Management
- Banking Relationships
- Budget Development
- Cash Management
- Financial Analysis
- Internal Audit Reviews
- SOX Control Reviews
- Systems Implementation
Excerpt of the Issues, Actions and Results achieved in closed-out engagements:
- Issue: Improve cash flow and working capital of $450 million supplier of
process control systems and solutions. - Action: Introduced capital spending and balance sheet management programs.
Trained sales and operations regarding importance of terms and conditions
on balance sheet. - Result: Net cash flow increased by $52 million over two years. Working capital
decreased by $23 million.
- Issue: Correct inter-company business services billings between corporate
and divisions for $280 million manufacturer of factory automation systems. - Action: Documented corporate billing procedures. Reviewed three-year
billing history. Developed new corporate billing policy for business services. - Result: Identified and recovered $1.1 million in incorrectly billed general liability
and workmen's compensation insurance cross charges.