Greg Kirchhoff Email & Phone Number

Denver, Colorado, Us

Gates is the world's leading replacement market-focused manufacturer of power transmission belts and a premier global manufacturer of fluid power products with $3B in annual revenue. Directed the financial components of dual track sales process, including multiple due diligence work streams and preparation of financial data for bank, analyst, and management presentations. Led the successful transfer of consolidation and external reporting functions from London to Denver in 2013 hiring and training a new team. Reduced Finance function operating costs by $6M from $17M in 2012 for Tomkins to $11M for Gates as a stand-alone company. Directed the conversion from IFRS to US GAAP and authored internal technical accounting papers to support US GAAP positions. Developed effective analysis for complex $838M net working capital calculation for Blackstone's acquisition of Gates and helped negotiate $52M favorable adjustment to seller.

Led the worldwide implementation of Tomkins' Sarbanes-Oxley compliance culminating in successful initial reporting in 2006 as a foreign private issuer. Developed unique operations-focused approach for sustainable SOX compliance post implementation. Established SOX documentation guidance to ensure thematic consistency of controls throughout business unit systems. Developed and conducted management training for business unit testers and reviewers. Co-designer of and implementer of global mandate for fundamental financial controls with annual certification by operational management and executed semi-annual balance sheet and control reviews.

Responsible for all corporate and retirement accounting, information technology, and payroll service functions in the US headquarters of London-based company. Prepared quarterly consolidation of US based companies and their foreign subsidiaries under UK and US GAAP. Led as well as performed due diligence on acquisition targets and reverse due diligence on divestiture candidates focusing on Quality of Earnings analysis and non-GAAP situations for the businesses in question. Identified reporting issues in air handling company acquisition resulting in 10% reduction in purchase price and effectively defended post-acquisition issues for a 2% further reduction in price. Designed and executed the measurement and audit of price adjustments for acquisitions and disposals including procedures to incorporate near-cash accounts in net working capital and exclude subjective management reserves. Improved accuracy of workers compensation ultimate-cost accruals through the design of company-specific development factors.

In charge of all operational accounting and financial reporting for four plants of $300M manufacturer of private label food products. Designed and implemented monthly customer profitability reports providing timely and accurate information to extract further value from customer relationships. Redesigned monthly product line profitability reports increasing accuracy while reducing completion time by five days. Improved organization and documentation of year end analysis, reducing annual audit time by 20%. Developed and monitored strategic business plans, forecasts, and annual budgets. Merged three divisional accounting legacy systems on to one multi-plant general ledger system automating the consolidation and providing efficient analysis of business unit's result's. Decreased month-end closing at plants from 15 to 7 days while maintaining accuracy of financial statements.

Managed internal and external corporate financial reporting including consolidations, key statistics, and special reports for the US manufacturing operations of Ranks Hovis McDougall plc. Developed standard product group and trade sector analysis for subsidiaries. Interim plant controller for fifteen months at Sunstar Foods, Inc., a $35M food manufacturing subsidiary during which established standard cost system, cost variance analysis, and policies for variance capitalization. Developed, monitored, and reported against forecasts, annual budgets, and strategic business plans.

Responsible for the general ledger accounting, tax accounting, special projects, and financial reporting areas for three vehicle leasing companies under Kraft Foods. Led the relocation of the accounting departments from Minneapolis and Cleveland to Chicago, including reorganizing and hiring of general accounting staff. Performed monthly consolidation of financial information and analysis of accounts.

Performed in-charge role in audits of manufacturing and retail clients. Experience in drafting of financial statements and footnotes, conducting internal control evaluations, and development of business and accounting recommendations to management. Supervised and trained staff professionals and client personnel on audit engagements. Reviewed and evaluated IT controls as part of computer audit specialty team.