Beth Spangler Email & Phone Number

Deerfield, Illinois, Us

• Present a dashboard of spending, highlighting opportunities for improvement, to the Senior Leadership team each week• Created a volume and absorption tracker to highlight daily, weekly and MTD changes to the Plant Manager• Prepare forecasts including materials, scrap, discards, labor, overhead spend and absorption for the plant• Attend daily operations meetings and present KPI’s to ensure the management team is aligned with the performance• Provide financial analysis to the Plant Manager on operational changes like moving to a 24/7 shift structure

Deerfield, Illinois, Us

• • Supported the change of 4 Chief Procurement Officer’s (CPO) and 7 Directors over 7 years, building trusting relationships to ensure financial metrics were met and the budget and forecast processes were seamless • Lead the financial cycles for Global Procurement including Budget, Month End Close and Forecasts • Presented the Purchase Price Variance (PPV) key drivers verses budget and forecast to the CPO • Implemented the Global Procurement Tracker (GPT) VIP system globally to over 350 Procurement employees, tracking global VIPs in 1 system• Created the Value Improvement Project (VIP) reporting package and executed monthly VIP category manager reviews with CPO• Partnered with the Procurement business leaders to drive cost savings projects, quantify VIP impact and ensure alignment with the savings policy• Supported the Procurement team on cash flow improvement projects and strategy pricing models

Deerfield, Illinois, Us

• Managed global spend of $5.8B: Indirect $2.3B, Direct $2.1B, Capital $0.9B, and Third Party Finished Goods $0.5B• Created the monthly Purchase Price Variance (PPV) package for the Manufacturing Corporate Vice President• Led the Direct and 3rd Party Finished Goods team through financial cycles such as the annual standards process• Demonstrated financial leadership as part of both the Purchasing and Finance Senior Leadership Teams which focus on long term strategy and operational planning of the organization• Provided financial modeling during the Request for Proposal (RFP) process ensuring the optimal business decision

Deerfield, Illinois, Us

• Managed month-end close, operating plan, quarterly forecasts and long range plan for a franchise with $1.2B in Sales and $1.0B at Pretax• Developed a financial modeling system for forecast that reduced turnaround time from five days to one• Supported the marketing and sales team on $54M of spend through financial cycles and provided various analytics to create better decision making• Coached team members to develop skills and confidence in their ability to examine work processes, create solutions, and measure improvements• Led the planning and reporting team to streamline the forecast process, eliminating non-value added activities and reducing cycle time by 79%

Deerfield, Illinois, Us

Reduced monthly close time by 70% through more effective use of financial systems; enabled increased decision support to cross-functional leadership teamManaged $38M in SG&A and OCOS during close, plan and forecast cyclesEnhanced monthly reporting package for $1B global business by engaging 5 regional finance teams to provide more timely, detailed, and accurate informationCreated financial decision support models for 8 new products and one external company valuationRepresent finance on a cross functional Segment Leadership Team (SLT) that establishes global product strategies for $500M franchise

Deerfield, Illinois, Us

Consolidated financial results of 6 Strategic Business Units (SBU) during close, budget and forecastProvided comprehensive analysis and forecasting for $2B annual sales division including key drivers, risks/opportunities, headcount and margin analysisResponsible for leading and developing 3 analysts including coaching, training and performance managementLed Innovation Committee while developing consistent close packages across 6 strategic business units that enhanced decision makingPartnered with Marketing VP to ensure proper management of $19M of annual spend, including monthly actuals and quarterly forecast updates

Created and analyzed financial statements with annual sales of $8MPerformed daily sales analysis; reconciled lock box accounts and wire transfersDeveloped and presented balance sheet review to provide better understanding to Corporate Controller

Specialized in real estate inventory accounting with work in process inventory greater than $1BReconciled accounts such as; land sale parcel closings, land acquisitions, fixed assets, and payable accrualsDrafted and researched the real estate footnote disclosure in order to ensure proper reporting of financial statement information

Bachelor Of Science In Business Administration, Accounting

Masters, Accounting And Taxation