Douglas Gilbert Email & Phone Number

Ann Arbor, Mi

Ann Arbor, Mi

$80 million revenue (400 employees) health systems research and consulting organization integrating independent research and client-centered consulting to create solutions that improve health care delivery.Managed the finance, accounting, treasury and tax functions for this non-profit organization, including several for-profit subsidiaries. Responsibilities include managing the accounting team (seven staff members), financial statement preparation and consolidation, financial analysis (corporate, division and project profitability), coordination of annual budget and forecasts, cash forecasting, corporate tax return preparation, and audit completion and compliance. Work directly with Senior Management and the Board of Trustees. • Grew finance functions from $5 million revenue capabilities to $80M revenue capabilities• Streamlined financial closing process to 10 days (vs. 20-25 days)• Managed cash portfolio from $25M to $40M• Managed banking financing up to $25M for acquisitions and working capital requirements• Led financial due diligence in acquiring three new companies• Evaluated $10M, $15M, and $70M in incremental revenue opportunities• Financial due diligence preparation for four successful divestitures, $1M, 5M, 8M, and 40M in size• Lead integration of employees and accounting systems of acquisition companies• Established policies and procedures in compliance with government contracting regulations• Managed headquarters building capital project $14M• Review and manage the billing rates with federal government• DSO maintained at 55 days or less (vs. 70 days)• Updated ERP-Accounting system (Deltek0) to web-based platform

Ann Arbor, Mi

Major division of Phillips Electronics NA manufactures and distributes color picture tubes and monitors and related products. Annual sales were $530 million in 1997Responsible for the consolidated annual budgets, quarterly forecasts, and the five year strategic plan. Responsible for coordinating the monthly financial closing and analysis of the manufacturing and resale results. • Streamlined budgeting and forecasting process to meet corporate headquarters deadlines• Streamlined financial closing process to meet corporate headquarters deadlines (20 days)

Monroe, Mi

Division of UtiliCorp United, Inc. that supplies and distributes natural gas to 133,000 customers in southern and western Michigan with annual sales of $140M. Includes non-regulated businesses such as propane distribution, gas brokering, gas storage and appliance repair and service)Responsible for the financial reporting to corporate and to senior management for both the regulated utility and non-regulated businesses, including any analytical review to support the financial reports. Responsible for the five year annual budget, quarterly forecast updates and was involved in the annual strategic planning process. Also responsible for all annual reports to the Michigan Public Service Commission, Federal Energy Regulated Commission and the Department of Energy. Prepared information for corporate to prepare the annual report, 10-K and 10-Q. Supervised staff of three staff accountants and one accounting clerk. • Implemented new financial reporting software (Comshare) for reporting to corporate office• Streamline monthly closing process to have financial results on 7th workday• Implemented changes to the budget/forecast process to reflect more accurate cash flow projections