Kail Welander, Cpa, Mba Email & Phone Number

Greater Chicago Area

DLC is a consulting firm providing senior level finance and accounting services ranging from project based work to interim or transitional financial management role support. Clients range in size from privately held start up companies to Fortune 500 companies.DLC service offerings include Financial Planning & Analysis, Financial Accounting & Reporting, Financial Systems Implementation, Interim or "Gap" Financial Mgmt, Process Documentation & Redesign, Project Management, M&A Due Diligence Support, and Post Merger Financial Integration.Client Engagements:Energy, Electric Power Generation• Supported the creation and implementation of a new decommissioning scenario for an $8.5B asset retirement obligation (ARO). • Streamlined underlying ARO data flow, analysis, and validation procedures to better manage complexity and free up more time for more proactive or value add analyses.Consumer Packaged Goods• Facilitated business process redesign project for new End-to-End Capital Process (E2E) to streamline, standardize and improve the management of $250M in annual, recurring capital expenditures.• Mapped E2E flow from high-level, long-range strategic planning to specific project completion or closure; including level 1, 2, and 3 flows (approx. 170 unique elements).

Lisle, Il

Administered central Program Management Office (PMO) directives and relationship with SG&A (Selling, General and Administrative) work-stream of the JSOP special project team formed by Navistar CEO to accelerate the pace of structural cost savings initiatives. Finance Lead position ensured uniformity in approach and savings tracking across 16 cross functional teams tasked with reviewing over $1B of costs.• Established baselines and tracked progress to targets across 16 work streams, activities integral to reducing SG&A by 30% company-wide.• Directed Finance and Accounting work stream through benchmarking analyses and idea generation sessions, defining a path that achieved a 25% cost reduction.• Structured a voluntary separation plan, accelerating headcount-related savings with minimal incremental cost.

Lisle, Il

Held multiple managerial roles within FP&A that directly supported Director of FP&A, VP of Corporate Finance, and CFO. Managed overall Navistar rollup from Segments of forecasts, variance analyses, ad hoc requests, and financial support for Board of Directors Presentations and Earnings Calls. Transitioned to NA Truck Segment ($7B annual revenue) FP&A and coordinated detailed assembly of variance analyses and forecasts in Hyperion Planning.• Created a comprehensive variance analysis process that minimized “Unidentified Other” ($10M / month prior average) and enabled isolation of mix elements on multiple dimensions.• Initiated submission metrics and documentation of necessary validation procedures, improving forecast / plan calculation accuracy by more than 30%.• Reduced forecast process cycle time from 6 to 4 weeks, enabling the presentation of fully refreshed financial projections at bi-monthly Board of Directors meetings.• Built a new account hierarchy, identified all ledger depreciation and amortization (D&A) and reconciled with D&A reported in quarterly exhibits; crucial to supporting timely and accurate EBITDA P&Ls by business unit.

Wakarusa, In

Plant controller of Wakarusa and Milford locations, Monaco total revenue ~ $200M. Reported to Controller of Monaco RV / NAV Specialty Products headquartered elsewhere. Supervised accounting activities (reviewed JEs, account recs, etc.), internal controls / process improvement, inventory control / safeguarding assets, management reporting, and forecasting or budgeting. • Developed a margin target model by floor plan, which served as a gate in the product development process and key input for special price adjustment negotiations and ultimately contributed to an 8% variable margin increase year over year.• Designed more flexible / dynamic sales unit, direct labor hours, and material purchase price reporting processes, improving monitoring and proactively identifying variances to corporate performance objectives.• Streamlined chassis purchasing and inventory tracking processes, reducing excess safety stock and resulting in a $5M reduction in raw material inventory.• Implemented controls and documented Sox procedures on POs, inventory, and capital appropriations that reduced unnecessary spend and accounting errors, including lowering physical inventory count errors by 50% in year 1 alone.

Warrenville, Il

Financial analyst with Navistar Corporate Procurement & Logistics primarily responsible for supporting Commodities / Raw Materials and Powertrain cross functional (purchasing, engineering, sales, etc.) Category Management Teams. Key contributor to supplier negotiations, contract accounting or accruals, internal controls, and performance tracking.• Oversaw raw material brokerage program, including MRAP armor plate purchases totaling over $150M in 2008, and validated material clauses, financial hedges, and price locks that reduced volatility on a multi-billion $ annual exposure. • Forecasted, reported, and audited production material commodities / raw material cost impacts for Truck, Engine and Foundry groups, focusing Procurement resources on primary drivers of a 3 year average annual impact of $70M.• Led Purchasing Finance support for multiple supplier bankruptcies and major (greater than $1M discrepancy) payment disputes, minimizing Navistar losses.• Supported new business development projects for NC2 and Strategic Initiatives teams for acquisitions and joint ventures, culminating in total cumulative investments greater than $100M.

Multiple

Rotational program through different operational areas of the company for high-potential, junior-level employees.Rotations:Chicago International Trucks Dealership; Schaumburg, ILParts Segment Finance; Warrenville, ILPurchasing & Logistics Finance; Warrenville, ILHuntsville Engine Plant; Huntsville, AL

Mba, Corporate Finance & Accounting, Magna Cum Laude

Bsba, Finance & International Business, Cum Laude