Darrell Harmon Email & Phone Number

Parkersburg, Wv, Us

Fiscal responsibility for multi-state operations and manufacturing of windows, patio doors and entry doors. Responsibilities include cash management and forecasting, budgeting, product costing, monthly close, financial reporting, variance analysis, capital oversight, inventory valuation and impairment review. Revenue grew through $193MM, managing inventory reduction to 45 DOS. Managed open AR down to 45 DSO. Focused on managing cash source and use to create available revolver balance. • Manage bank relationship and Borrowing Base reporting• Implemented a cash forecasting and management plan that created positive cash of 9MM year one• Inventory reduction through item level DSO analysis and vendor management• Paid off revolver, and small offer debt• Managed all AP vendors down to terms• Developed an internal team to master accounts receivable • Month end close procedure reducing cycle time to 5 days with final reporting in 9 days• Budgeting and financial reporting• Teaching inventory management strategies to all employees

South Hackensack, Nj, Us

Full fiscal responsibility for manufacturing site and (3) offsite warehouses. Revenue growth exceeding 30% per year matched by throughput and safety stock. Responsibilities include cash management and forecasting, budgeting, product costing, monthly close, financial reporting, variance analysis, capital oversight, inventory valuation and impairment review. Revenue grew through $120MM, managing inventory growth to $33MM. Manage open AR through customer portals to reduce open balance and resolve prompt payment issues. Built a 7 person team to satisfy daily demands. • Implemented a cash forecasting and management plan that funded growth through final sale• Developed an internal team to master accounts receivable from retail portal customers• Managed Wells Fargo re-finance – platform reporting• Month end close procedure reducing cycle time from 10 to 4 days • Budgeting and financial reporting• Direct and indirect tax reporting and payment• Reduced hard copy communication and converted to digital • Implementation lead for IQMS ERP System • Audit management• Reporting to CFO and CEO• Heavily involved in the packaging and sale of the company

Parsippany, Nj, Us

Controllership responsibilities for multiple manufacturing sites. Develop department and site budgets for absorption rates and performance analysis. Develop standard product costs for each site. Balance Sheet and P/L reporting. Variance reporting and analysis for each site and results reporting to the site and senior management. Implemented SAP and developed procedures for month end and quarter end close. Sox compliance, fixed asset and inventory management.

Marietta, Ohio, Us

Oversee business process development, operations and production planning, and financial management with responsibility for operations planning and implementation, safety, quality, sales, R&D, sourcing, human resources, aftermarket, and accounting for $40MM business producing vacuum trucks, jetters, material movers, and drill rigs for global distribution. Served as Interim President.Key Achievements: Successfully increased production capacity by 45% to meet customer demand with a reduction in material costs and improved labor utilization. Provided leadership for product and process improvement initiatives to further increase output with hiring of a Quality Manager. Achieved an increase in Aftermarket Service and Sales of 20% and reduced open order age by 90%. Increased positive cash flow and focused on development of staff for continued capacity expansion, quality improvements, and increasing the financial health of the business.

Marietta, Ohio, Us

Managed site operations, production schedule, safety, and materials management.Key Achievements: Introduced visual production management to identify overloaded work cells, capacity planning and expansion; oversaw hiring, expansion of second shift and internal training using daily plan versus actual to identify and eliminate bottlenecks and improve productivity. Improved production planning resulting in increased assembly output of 45% and increased fabrication output through work cell schedule boards.

Marietta, Ohio, Us

Oversaw assembly operations in collaboration with sister company, Hi-Vac, to manufacture components for building drill rigs to ensure on-schedule delivery.Key Achievements: Increased build capacity with double the assembly output with standardization of assembly schedule, utilization of visual boards to resolve material planning issues and scheduling conflicts; and held daily production meetings to review production plan versus actual; and weekly strategy meetings for long-term and MRP inventory planning.

Waltham, Ma, Us

Reported to CFO and provided financial leadership and financial reporting for 13 sites with responsibility for budgeting, financial analysis, capital spending and plant consolidation and new product activities of division manufacturing sites.Key Achievements: Improved financial reporting quality and accuracy and reduced reporting cycle time with consolidation of planned and actual performance for multiple domestic and global sites. Introduced LEAN Visual Management Boards at multiple sites that resulted in focused achievement of goals for functional support departments and operations. Provided leadership for productivity improvements, inventory reduction, and cost savings that generated support for achievement of goals at factory level. Achieved sustained improvements at multiple sites with reduction team leadership for inventory and E&O.

Waltham, Ma, Us

Oversaw site financial budgeting and reporting, internal and external controls, GAAP and SOX compliance for $200MM budget with capital spending of $3MM annually; responsibility for supervision, training and performance management of accounting staff of 13.Key Achievements: Implemented 20 Keys to Workplace Improvement that resulted in enhanced productivity and efficiency, improved cross training, and elimination of overtime. Managed IT team in software improvements to support operations and customer service with no software investment and 150% growth. Implemented LEAN accounting best practices for E&O policy, Kanbans, terms and conditions, and monthly closing process with development of site Finance Team to support 150% growth with no increase to headcount. Introduced a consistent closing process to provide quality and timely financial information to business unit leaders with implementation of a five day closing cycle for multiple sites. Saved $2M annually with practical process improvements and Value Stream Mapping that reduced processing time for customer returns, intercompany and invoice processing, cash application, equipment assembly and warehousing. Reduced DOS down to 37 days from 92 at local site with facilitation of inventory and E&O reduction projects and collaboration with major accounts to eliminate unmatched invoices with $290MM revenues.Established Accounting controls at site and Division level - SARBOX Practical Process Improvement (PPI) - 60+ projects Site Winner of Industry Week best Plants 2008

Fairlawn, Oh, Us

Controllership duties from budgeting to p/l and business unit support - $80MM. Sucessful implementation of GBA System 21 - built product costing system to support seperate business units.Supported mutiple manufacturing locations.

Established Standard Cost, Managed AP, Profit Analysis/Projection, Software implementation, R&D support

Masters, Business Administration (Emba)

Bachelor Of Science, Business Management

Associate Degree, Data Processing

Bachelor Of Science, Accounting