Global Finance Manager- Nylon Apparel
Invista, Inc. Of Koch Industries (Formerly E.I. Dupont De Nemours) - Wilmington, De
Finance lead on restructuring team for a global business focused on breakeven/profitability during acquisition. Provided reporting and ad hoc analyses to team for global, regional and plant operations in evaluation and development of strategies to meet objective. Participated in business reviews with President on progress; prepared required Board progress reporting. • Prepared ‘hold value’ analyses for each plant site to determine potential viability towards profitability. Developed measurement tools for costs savings initiatives, evaluation of restructuring goals and potential breakeven target.• Conducted monthly financial reviews with plants/regions emphasizing their impacts to business objectives.• Team restructuring efforts resulted in $60 million (after tax) business improvement and breakeven for EBITDA.• Responsible for financial analysis related to 100% share acquisition of JV in Mexico, an annual $4.5M tax advantage