George Frederick

George Frederick Email and Phone Number

Chief Financial Officer at Coatings & Adhesives Corporation @ Coatings & Adhesives Corporation
George Frederick's Location
Greensboro--Winston-Salem--High Point Area, United States, United States
George Frederick's Contact Details
About George Frederick

INTERNATIONAL, BILINGUAL (GERMAN) FINANCIAL & ACCOUNTING PROFESSIONAL15+ years global expertise across diverse spectrum of functional competencies, including accounting, finance, tax, operations, information technology and human resources. Drive for results mindset highly successful at increasing stakeholder value by delivering comprehensive financial and operational leadership in varied startup, established and turnaround environments.Financial Professional experienced at building, developing, coaching, mentoring high-performance finance and accounting teams.Collaborator in establishing key business metrics to drive the business towards execution of business strategy and achievement of performance improvement initiatives.Contributor to cross-functional teams involved in systems implementation, cost reduction, vendor negotiations, outsourcing evaluations, process improvement, and customer partnerships.

George Frederick's Current Company Details
Coatings & Adhesives Corporation

Coatings & Adhesives Corporation

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Chief Financial Officer at Coatings & Adhesives Corporation
George Frederick Work Experience Details
  • Coatings & Adhesives Corporation
    Chief Financial Officer
    Coatings & Adhesives Corporation Aug 2012 - Present
    Leland, Nc, Us
  • Ika Works, Inc.
    Director Finance & Administration
    Ika Works, Inc. Apr 2007 - Feb 2011
    Staufen Im Breisgau, Baden-Württemberg, De
    Established credibility among Executive Management by restoring integrity to internal and external financial reporting, cost accounting, and tax records.Reengineered and revitalized dysfunctional finance, HR and IT team to become proactive business partner to Executive Management in developing and driving the business towards achieving strategic objectives, including, streamlining manufacturing operations and product portfolio, outsourcing studies, cost containment and inventory control.Restored integrity to standard costing, thereby enabling a comprehensive review of existing pricing in view of standard cost, existing margins and competitive pricing. Introduced sound cash management tools and procedures. Implemented cash management module in existing ERP system to facilitate daily bank reconciliations. Developed and implemented internal controls related to cash management. Introduced accurate daily/weekly/monthly cash reporting and forecasting system.Improved cash-to-cash cycle. Reduced days sales of inventory (“DSI”) by 70 days from 160 to 90 days, Purged $1 million in unapplied cash and credits from accounts receivable subledger; drove collections efforts, reduced “over 60 days” overdue balances by approximately $700K or 67%, reduced days of sales outstanding (“DSO”) by 9 days from 58 to 49 days. Established creditable HR function. Introduced comprehensive company policy manual to include newly implemented flextime policy.Reduced year-over-year average employer health care cost per employee by 10.0% or $750/employee while securing richer benefits.Revitalized and secured IT infrastructure by building IT data center equipped with dedicated power, climate control and fire protection. Implemented disk-to-disk-to-tape (D2D2T) technology for recovery of critical systems. Replaced outdated hardware infrastructure components and Ethernet cabling. Implemented long-overdue software releases.
  • Unilin Us Mdf (Formerly Homanit Usa, Inc.)
    V.P. Finance & Administration & Cfo
    Unilin Us Mdf (Formerly Homanit Usa, Inc.) 1999 - 2006
    Wielsbeke, Be
    Key on C-level team tasked with overseeing construction of greenfield facility for German fiberboard manufacturer, executing $105 million capital investment and launching startup to become top industry performer.Directed finance, accounting, tax, human resources and information technology initiatives for $100 million manufacturer of high-density fiberboard (HDF).Directed recruitment/training of 230-member workforceLiaised between parent, US attorneys, and German banks to finalize $73 million L-T financing agreement. Negotiated $5+ million in equipment lease financing and working capital lines of credit.Executed successful $1.5 million full SAP implementation in 4½ months; financed project through cost reductions.Slashed capital spending by $1.0 million by effectively applying preferential sales tax rate for manufacturing machinery.Directed recruitment of 230-member workforce, acquired $350K state funding through key alliance with state.Directed due diligence toward $130 million asset purchase deal as well as subsequent merger of parent with strategic acquirer to meet corporate/legal compliance.Generated $6 million in industry-incentive tax credits while reducing property tax base $19 million by applying statutory exemptions. Achieved $240K savings in first year by implementing self-funded medical plan.
  • Ultraform Co. (Basf Corp. And Degussa-Hüls Corp. Jv)
    Controller
    Ultraform Co. (Basf Corp. And Degussa-Hüls Corp. Jv) 1995 - 1999
    Directed finance, accounting and distribution to revitalize business processes of $45 million manufacturer.Reorganized IT infrastructure, redesigned reporting system; improved reporting cycle time.Introduced new technologies, deployed strategic production scheduling initiatives, optimized production runs and reduced inventory.Achieved significant reduction in freight by utilizing 17% additional shipping capacity; curtailed customer complaints.
  • Basf Hungária Kft.
    Director Finance & Administration
    Basf Hungária Kft. 1991 - 1995
    Spearheaded Eastern European startup, built to $50 million revenue in new free-market economy, established legal framework, built/led 17-member team, implemented IT systems and instituted accounting/tax policies.
  • Basfaktiengesellschaft
    Auditor
    Basfaktiengesellschaft Mar 1986 - Apr 1991
    Ludwigshafen, De
    Led multifaceted audits of operations at both corporate headquarters and European subsidiaries.

George Frederick Skills

Forecasting Process Improvement Strategy Leadership Mergers And Acquisitions Strategic Planning Financial Reporting Cross Functional Team Leadership Finance Start Ups Business Strategy Business Process Improvement Project Management Financial Analysis Sap Budgets Accounting Internal Controls Erp Analysis Business Process Manufacturing Mergers Cost Accounting New Business Development Budgeting

George Frederick Education Details

  • Wisconsin School Of Business
    Wisconsin School Of Business
    Finance And German
  • The University Of Bonn
    The University Of Bonn
    Germanistik
  • Keller Graduate School Of Management
    Keller Graduate School Of Management
    Masters Of Accounting And Financial Management

Frequently Asked Questions about George Frederick

What company does George Frederick work for?

George Frederick works for Coatings & Adhesives Corporation

What is George Frederick's role at the current company?

George Frederick's current role is Chief Financial Officer at Coatings & Adhesives Corporation.

What is George Frederick's email address?

George Frederick's email address is ge****@****ink.net

What is George Frederick's direct phone number?

George Frederick's direct phone number is +191097*****

What schools did George Frederick attend?

George Frederick attended Wisconsin School Of Business, The University Of Bonn, Keller Graduate School Of Management.

What skills is George Frederick known for?

George Frederick has skills like Forecasting, Process Improvement, Strategy, Leadership, Mergers And Acquisitions, Strategic Planning, Financial Reporting, Cross Functional Team Leadership, Finance, Start Ups, Business Strategy, Business Process Improvement.

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