Mark Thelen Email & Phone Number

Cadillac, Mi

I oversee the Divisional Overheads by monitoring and preparing 5 executive monthly reports across the Division. I coordinate and summarize the Annual Budget process for 200 overhead departments with over $100M in overhead costs. Heavily involved with forecasting department overheads and liaising with department managers. I prepare the Revenue and Order Dashboard analysis weekly. In addition, I support the finance team with the month end close process, including reporting to the United Kingdom Corporate Office. I have frequent interaction with manufacturing and sales managers by reviewing profitability analysis of large customer orders, approving CAPEX & OPEX, and actively involved in restructuring projects and cost reduction economics.

Greater Chicago Area

I perform financial reporting for the Brand Identity Division ($170M in revenue) including P&L’s, annual and quarterly forecasting, sales by market, variance analysis, Annual Plan and Long Range Plan, inventory, trade receivables, and more. I’m the Project Leader driving the automation of financial and sales reporting via a data warehouse structure using IBM Cognos. Significantly involved with implementing the ITW Toolbox and 80/20 strategies across the units. I interface with the Unit Controllers on numerous financial policy issues, internal audits, and special projects. I have been active on the Division Leadership Team and have mentored two division controllers providing guidance, knowledge, and support. My involvement in numerous structuring projects has lead to significant cost savings for ITW.

Greater Chicago Area

I was actively involved in the Annual and Long Range Plans for the Foils and Thermal Films Group ($200M in revenues). Worked closely with the unit controllers including onboarding, mentoring, and training. Active in two acquisitions from due diligence to purchase accounting and integration. Engaged in numerous structuring projects which resulted in significant cost reductions.

Kalkaska, Mi And Greenville, Sc

Performed financial reporting to ITW Corporate headquarters. Prepared Annual and Long Ranges Plans. Primary driver of the ITW Toolbox & 80/20 simplification strategies to drive profitability by simplifying and streamlining processes. I managed the Admin Dept consisting of Accounting, IT, and HR; and was the team leader overseeing the Hot Melt Ink product line.

Lansing, Michigan Area

Performed financial audits and review engagements for numerous clients in many sectors including manufacturing, retail, employee benefit plans, school districts and others. Prepared corporate tax returns and DOL Form 5500.