Darin J. Hoops Email and Phone Number
I have over twenty years of providing strategic financial leadership with broad experience executing and delivering results in support of Manufacturing Finance and Operations. Industries include close tolerance CNC machining, die design and build, person protective garments, automotive wheel manufacturing, plastics recycling and molding and high production consumer goods. I also have construction project experience utilizing percentage of completion accounting. I have demonstrated capacity for team building, collaborative coaching and mentorship to develop talent for corporate performance. Specialties: Heavy experience setting up and utilizing cost systems and ERP (SAP, Oracle, Sage, Syteline...)
First Tool Corporation
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Chief Financial OfficerFirst Tool Corporation Mar 2020 - PresentDayton, Ohio, Us -
Chief Financial OfficerDayton Manufacturing Co May 2020 - Present -
Chief Financial OfficerDayton Machine Tool Company May 2020 - PresentUs -
Controller/ Director Of FinanceAvure Hpp Sep 2019 - Mar 2020Middletown, Oh, UsFinancial responsibility for global consolidations of world leader in HPP food processing technology. -
Contract Cfo/ControllerRobert Half Jun 2019 - Mar 2020Menlo Park, Ca, Us -
Director Of Finance OperationsSpectrum Brands, Inc Mar 2018 - Dec 2018Middleton, Wi, UsResponsible for all accounting and finance related activities for production, distribution, sourcing, supply chain and research and development doing 500M Annual Revenue. * Orchestrated physical Inventory activities for 1.1 M sq. ft. of manufacturing , distribution and warehouse space consisting of 55k pallets of raw materials and finished goods completing the project on time with no disruptions to scheduled production leading to a 50% improvement over prior year. * Set up and led all SOX compliance for finance and operations thus maintaining proper internal controls and policies. * Developed more impactful internal financial reporting analysis enabling better operational decisions. -
Corporate Controller/ Interim Chief Financial OfficerLion Mar 2013 - Jan 2018Dayton, Oh, UsCollaborated with corporate leadership to manage all financial functions and teams. Facilitated financial reporting, annual audits, bank covenant compliance and revenue recognition of large construction projects utilizing Percentage of Completion accounting rules. Maintained banking relationships and negotiated a new credit facility. * Coordinated efforts to re-organize the Lion legal structure (10+ legal entities) reducing liability risk to the company.* Directed Global Financial Consolidation of 7 business units including Canada, Netherlands, Australia, Germany, Belgium, France and the UK ensuring accuracy and transparency for shareholder reporting. * Integrated new financial consolidation software leading to quick and accurate financial reporting , closing the books in 5 days.* Coordinate all tax work including Sales and Use, State Franchise, Payroll and Income Tax. * Oversee all calculations for percentage of completion on large fire training construction projects.* Prepared and gave presentations to the company Audit Committee and Board of Advisors. -
Finance Manager Lvi DivisionLion Mar 2012 - Mar 2013Dayton, Oh, UsLed all financial activities for the Military division of Lion consisting of contracts with the Army, Navy and Marine Corp, including production of internal and external financial reporting as well as year end audits. * Aligned with VP of Military operations to develop financial models for bidding new contracts and successfully supported management to bid and win major Army and Navy contracts.* Guided all activities for the Annual Defense Contract Audit Agency (DCAA) Incurred cost electronic (ICE) report, ensuring that the company met requirements of federal contracting rules. * Changed internal reporting to capture more detail to support managers at major U.S. Army, Navy and Marine Corp bases leading to exceptional customer satisfaction. -
Manager, Cost AccountingLion Jan 2011 - Feb 2012Dayton, Oh, UsDirected and managed all cost accounting functions including variance analysis, product costing and inventory management for four manufacturing facilities. * Executed manufacturing costing and inventories for recycled plastics operations, processing approximately 6M pounds per month. * Negotiated extended terms with Vendors freeing up cash and reducing bank borrowings by approximately $300k per month. Automated manual accounting procedures to better utilize the ERP system, improving efficiency and accuracy thus saving $50k annually in labor costs. -
Controller/CfoComposite Technologies, Llc Jun 2009 - Jan 2011Dayton, Oh, UsComplete management of all finance and accounting functions for two manufacturing facilities.Financial P&L reporting to parent co. and internal management reporting.Responsible for setting up all accounting functions for new Division.Managed procedures and relationships with foreign customers, (Canada, Mexico)Managed Mfg. costing and inventories for recycled plastics processing approximately 6mil pounds per month.Selected Achievements Automated many manual accounting procedures in order to better utilize the current ERP system; improving efficiency and accuracy. -
ControllerDayton Wire Wheel 2006 - 2009Dayton, Ohio, UsMonth end close, banking and P & L statements and all tax payments and filings.Manage daily financial operations and cash management for Manufacturing Facility.Responsible for month and year end Inventory evaluations and Job costing.Manage product cost analysis and margins.Selected AchievementsEvaluated and changed cost procedures to better reflect actual data and streamline efficiency throughout the company. -
Division Controller/ Financial Analyst (Contract Assignment)Trimble Inc. 2005 - 2006Westminster, Co, UsRevenue Recognition and Revenue Reserve analysis.Monthly Accruals and Allocations, Month end close, Create P&L statements.Inventory Analysis.Budgeting and ForecastingMonthly Balance sheet Reconciliations, Inter-company transactions with foreign Trimble entities including calculation of foreign rate exchange impact.Produced and filed all company 1099's.Selected AchievementsResearched and resolved balance sheet issues dating back to 2004. -
ControllerMoore Quality Tool, Inc 2002 - 2005Manage daily accounting functions, cash flow management, cost, payroll, collections, A/R, A/P and G/L.Produce all financials, month-end P&L statements, balance sheets, budgets, and cash flow analysis.Process and File Federal, State and local P/R tax withholding documents including Workers Compensation.Process and File County Personal Property Tax return.Process and File income tax returns, Federal 1120, State Franchise and Local.Manage office staff - hire, supervise, train and terminate.Manage IT network and workstations.
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Controller / Operations ManagerCountry Machine & Tool, Inc Jan 1991 - Jan 2002Manage day-to-day operations of office and manufacturing facility that performs close tolerance CNC machining.Office management includes all accounting functions, cash flow management, general ledger, inventory, payroll, collections, A/R, and A/P.Produce all financials, month-end P&L statements, balance sheets, budgets, and cash flow analysis.Review all resumes and applications, hire, terminate, supervise, and train up to 40 shop and office employees.Direct shop operations, job scheduling, customer service, and manufacturing efficiencies.Selected Achievements Created plan to become ISO-9002 certified. Worked with consultant to analyze and change procedures, authored S.O.Ps, work instructions, and trained employees. Became certified in 9 months.Improved On-Time deliveries. Analyzed production and delivery scheduling procedures and implemented new process. Boosted On-Time deliveries from 75% to 90%.Improved JIT manufacturing and reduced inventory by 18% by developing strategic plan that coordinated purchasing, scheduling, manufacturing, and quality control.
Darin J. Hoops Education Details
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Park UniversityManagerial Accounting -
Sinclair Community CollegeMarketing Information Systems
Frequently Asked Questions about Darin J. Hoops
What company does Darin J. Hoops work for?
Darin J. Hoops works for First Tool Corporation
What is Darin J. Hoops's role at the current company?
Darin J. Hoops's current role is Chief Financial Officer at First Tool Group of Companies.. First Tool Corp, Dayton Mfg, Dayon Machine Tool, Estee Mold, Amco products, Sieb and Meyer USA and Jackson Machine and Mfg.
What schools did Darin J. Hoops attend?
Darin J. Hoops attended Park University, Sinclair Community College.
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