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.
• 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.
• 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.
• 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.
• 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.
• 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.

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.
• 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 $.
• 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.
• 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