Donald Biringer Email & Phone Number

Phoenix, Az, Us

Charlotte, North Carolina, Us

Provide cost control guidance and coaching for the Aerospace Division with peak revenues exceeding $1B and inventory of $100M. Manage month end close of books, P&L, and balance sheet inventory reconciliations. Created financial model for Over Under forecasting, analysis and actual results reporting. Forecast production costs and perform variance analyses for weekly, monthly, and formal forecasts. Assist the site leader with special analysis and provide coaching and guidance on financial impacts. Provide robust commentary on the P&L package monthly by analyzing and investigating journal entries. Ensure there are no unexpected issues or errors in financial reporting during the fiscal month end close process.

Charlotte, North Carolina, Us

Served as primary finance liaison for the Renton, WA, and Strongsville, OH repair shops and Exchange Rental Business, generating sales volume of $270M with inventory of $209M annually. Provided variance analysis for budget and inventory results against annual plan and forecast. Formulated annual operating plan and forecasts of department budgets for two shops and rental business. Delivered P&L oversight and cost forecasts related to inventory and departmental costs.Provided risk analyses to P&L Analyst for revenue and costs. Supported goal attainment, facilitating process improvements and analyzing ad-hoc data. Led physical inventory audits for two Repair and Overhaul sites and the Exchange Rental Business. Presented financial inventory processes and variance analysis at Global Customer Services Financial Function Review.

Charlotte, North Carolina, Us

Supported Global Material Service Distribution Center and 5 domestic repair shops in achieving inventory control targets and business objectives. Participated in financial analysis, variance analysis, and financial modeling. Performed physical Inventory valuations for repair shops, Exchange Rental Business, and Honeywell Aerospace Trading segments on an annual basis. Researched and reconciled balance sheet accounts. Presented financial inventory processes and variance analysis at Domestic Customer Services Annual Financial Function Review.Introduced monthly inventory reporting process for $66M in inventory by business segment, significantly enhancing inventory analytics while establishing trend analysis.Formulated and implemented a new standard setting process that achieved compliance with new Honeywell Aerospace Standard Policy.Created new excess and obsolete inventory reserve to comply with SAB 100 and new Aerospace E&O policy.Championed efforts to improve financial closing processes to expedite month-end and year-end closing cycles while consistently meeting business closing and reporting deadlines.

Charlotte, North Carolina, Us

Directed all aspects of the P&L closing processes for the North Phoenix Aerospace division, generating $1.1B in annual revenue. Spearheaded development of business summaries that detailed financial performance involving sales, margin, and net income. Managed financial forecasting and financial statement preparation. Updated the financial database for internal reporting and analysis. Preserved customer and account mapping for financial consolidations in the Aero P&L for parent entity’s internal reporting purposes. Completed annual tax packages. Played a key role in the preparation of the Financial Function Review.Established and improved P&L closing and reporting processes associated with the consolidation of Business and General Aviation and Air Transport and regional entities.Evaluated financial performance of the Training Simulators and Test Equipment business, which generated combined revenue of $40M.Quarterbacked transition of Test Equipment business related to financial operations and balance sheet to Ground Support Solutions.

Charlotte, North Carolina, Us

Delivered comprehensive support leadership team on strategic initiatives by analyzing trends and variances between plan and estimates. Presented management team with data on rising costs and containment strategies. Consistently achieved monthly financial close outs on time.Managed cost controls for a $25M cost center using sound business acumen.Launched the development of first reporting process for P&L and balance sheet forecasting linkage with parent business using Hyperion Reporting System.Provided accurate quarterly and year-end balance sheet schedules and business unit tax packages.