Controller, North America Region
CurrentLead the region’s commercial finance activities including strategic and tactical planning, supervision of the North America financial Shared Services Center and managed care contracting and rebate administration functions. Consult on North America financial matters with Executive Vice President, Finance and C.F.O., Corporate Vice President Controller, Corporate Treasurer and V.P. Tax.Major Accomplishments:• Fortune 500 Company, with excellent long term reputation and premium valuation of 22x earnings. • Integrated accounting functions of 4 acquisitions, ranging in value from $250 million to $3.4 billion, into North America Shared Services Center, enabling common systems and greater user capability within new consolidated company• Led North America finance team in accounting and operational spin-off of non-core surgical device and optical business, creating incremental shareholder value.• Oversaw successful North America region complex Sarbanes-Oxley Section 404 implementation initiative and subsequent compliance with policy.• Implemented systems to ensure in-channel inventories’ maintenance within policy and to minimize speculative buying, reducing wholesale channel inventory by 50%.• Through implementation of productivity enhancing initiatives reduced Finance Cost to Net Sales ratio by 40%. • Improved Days Sales Outstanding from 46 days to 37 days, increasing cash flow and reducing risk.• Created high performing finance team for North America region.