Michael Harwell Email and Phone Number

• Preparation of monthly, quarterly, yearly financials, forecasts and budgets.• Manage financial reporting, general ledger, accounts payable, accounts receivable, payroll, treasury and fixed assets.• Involvement with labor cost analysis, inventory controls and analysis, internal controls implementation, customer and product profitability.• Lead contact for external auditors, assisting with audit issues and implementing solutions to correct deficiencies and assure reliable financial statements.• Preparation of division holding company financial statements, accounting for hedge and loan agreement transactions and consolidation of subsidiary financials.

• Developed standard costs, key metrics and cost improvement targets for all areas of facility.• Successfully implemented Hyperion Financial Management.• Preparation of daily, weekly, quarterly, yearly financials, forecasts and budgets.• Involvement with labor cost analysis, inventory controls and analysis and customer and product profitability. Labor cost and product analysis identified target areas of inefficiencies and quality improvements.

• Lead accounting process improvements that reduced payroll overhead by $50k.• Prepared analysis for profitability of new manufacturing facility and assisted with successful launch.• Lead multifunctional team with ERP selection and future implementation.• Implemented changes in cash flow funding resulting in $500k in annual savings. • Manage general ledger, accounts payable, accounts receivable, payroll, treasury, fixed assets and IT.

• Preparation of annual and quarterly forecasts for two engine plants, monitoring actual financial performance to targeted amounts, identifying and implementing areas of focus for improvement• Manage staff of eight accountants in areas of general ledger, accounts payable, accounts receivable, payroll, standard costs and fixed assets• Prepared analysis for profitability and benefits of new manufacturing facility in Huntsville as well as viability and opportunities for consolidation of the North American Engine plants. Consolidation resulted in $10M in annual savings.• Successfully implemented PeopleSoft Fixed Assets, Hyperion Planning and AssureNet.• Identified opportunities for plant wide overtime reduction resulting in $500k annually in savings. Also, identified inefficiencies in accounting department processes that eliminated 2.5 clerical positions and $100k in savings.• Lead contact for external and internal auditors, assisting with audit issues and implementing solutions to correct deficiencies and assure reliable financial statements and SOX compliance