Darin J. Hoops

Darin J. Hoops Email and Phone Number

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 @ First Tool Corporation
Darin J. Hoops's Location
Vandalia, Ohio, United States, United States
About Darin J. Hoops

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...)

Darin J. Hoops's Current Company Details
First Tool Corporation

First Tool Corporation

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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
Darin J. Hoops Work Experience Details
  • First Tool Corporation
    Chief Financial Officer
    First Tool Corporation Mar 2020 - Present
    Dayton, Ohio, Us
  • Dayton Manufacturing Co
    Chief Financial Officer
    Dayton Manufacturing Co May 2020 - Present
  • Dayton Machine Tool Company
    Chief Financial Officer
    Dayton Machine Tool Company May 2020 - Present
    Us
  • Avure Hpp
    Controller/ Director Of Finance
    Avure Hpp Sep 2019 - Mar 2020
    Middletown, Oh, Us
    Financial responsibility for global consolidations of world leader in HPP food processing technology.
  • Robert Half
    Contract Cfo/Controller
    Robert Half Jun 2019 - Mar 2020
    Menlo Park, Ca, Us
  • Spectrum Brands, Inc
    Director Of Finance Operations
    Spectrum Brands, Inc Mar 2018 - Dec 2018
    Middleton, Wi, Us
    Responsible 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.
  • Lion
    Corporate Controller/ Interim Chief Financial Officer
    Lion Mar 2013 - Jan 2018
    Dayton, Oh, Us
    Collaborated 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.
  • Lion
    Finance Manager Lvi Division
    Lion Mar 2012 - Mar 2013
    Dayton, Oh, Us
    Led 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.
  • Lion
    Manager, Cost Accounting
    Lion Jan 2011 - Feb 2012
    Dayton, Oh, Us
    Directed 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.
  • Composite Technologies, Llc
    Controller/Cfo
    Composite Technologies, Llc Jun 2009 - Jan 2011
    Dayton, Oh, Us
    Complete 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.
  • Dayton Wire Wheel
    Controller
    Dayton Wire Wheel 2006 - 2009
    Dayton, Ohio, Us
    Month 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.
  • Trimble Inc.
    Division Controller/ Financial Analyst (Contract Assignment)
    Trimble Inc. 2005 - 2006
    Westminster, Co, Us
    Revenue 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.
  • Moore Quality Tool, Inc
    Controller
    Moore Quality Tool, Inc 2002 - 2005
    Manage 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.
  • Country Machine & Tool, Inc
    Controller / Operations Manager
    Country Machine & Tool, Inc Jan 1991 - Jan 2002
    Manage 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

  • Park University
    Park University
    Managerial Accounting
  • Sinclair Community College
    Sinclair Community College
    Marketing 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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