Svp Finance - Global Productivity And Corporate Services
Ceridian Corporation (Pe Company)
Served as a primary contributor to a $150M strategic initiative to improve margins to meet debt covenants associated with the leveraged buyout, reduce SG&A spending, manage sourcing, facilities, risk management, travel, and process improvement. ► Facilitated $45M SG&A savings, with direct management responsibility for global corporate service functions of real estate, sourcing/purchasing, travel, risk management, and expense controls.► Identified and delivered $110.5M SG&A annualized savings, including:• $23.3M annualized savings from a $44M global real estate portfolio. Created site optimization strategy for tenant property leases and site closures/consolidations. Developed strategic COEs and improved management of office space/support infrastructure.• $56.6M annualized savings attributed to eliminating non-critical spending and implementing process improvements (supplies, print, maintenance, energy consumption, and other services).• $27M annualized savings through implementation of strategic sourcing discipline within $440M operating spend.• $2.4M annualized savings from $20M travel spend through standardizing, sourcing, and controllership.• $1.2M annualized savings from $5M global property, casualty, and FINPRO liability insurance portfolio.► Co-developed Ceridian/UCLA Pulse of Commerce index utilizing transaction data to predict US economic performance.► Executive sponsor Oracle procure-to-pay implementation.► Managed and controlled a $440M global, non-labor operating expense budget, including corporate flight operations.