Michael Mcmahan

Michael Mcmahan Email and Phone Number

Global Manufacturing Controller at Sensient Technologies Corporation @ Sensient Technologies Corporation
Michael Mcmahan's Location
Lisle, Illinois, United States, United States
Michael Mcmahan's Contact Details

Michael Mcmahan personal email

n/a
About Michael Mcmahan

•Over twenty five years’ experience in accounting and financial management in manufacturing settings, including thirteen years as Controller/Director of Finance in the chemical manufacturing industry.•Three years as director of corporate purchasing and supply chain management.•Possess both MBA and CPA.•Core competencies:•Strong managerial and analytical skills, with ability to lead change by drilling down from the P and L to improve organizational processes.•Proven ability to solve problems and improve and streamline accounting processes, resulting in reduction in errors, cost and time.•Cross-functional skill set which includes management experience in finance, accounting, operations, purchasing, IT and human resources.•Corporate leader in establishing and promoting the corporate vision, assuring that organizational decision-making consistently follows said vision.

Michael Mcmahan's Current Company Details
Sensient Technologies Corporation

Sensient Technologies Corporation

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Global Manufacturing Controller at Sensient Technologies Corporation
Michael Mcmahan Work Experience Details
  • Sensient Technologies Corporation
    Global Manufacturing Controller, Sensient Flavors Llc
    Sensient Technologies Corporation Jul 2018 - Present
    Milwaukee, Wi, Us
  • Sensient Technologies Corporation
    Global Manufacturing Controller
    Sensient Technologies Corporation Jul 2018 - Present
    Milwaukee, Wi, Us
    Responsibilities:•Liaison between Operations Management and Financial Management across 7 plants in United States, Europe and Latin America •Set up, manage and monitor operational KPIs•Drive cost savings in Manufacturing Plants•Improve Inventory Management
  • Sensient Technologies Corporation
    Director And Business Unit Controller, Savory Flavors North America
    Sensient Technologies Corporation May 2015 - Jul 2018
    Milwaukee, Wi, Us
    Responsibilities: •Strategic Planning•Forecasting and Budgeting•Financial Reporting•Long range planning and risk management•Leading effective problem solving in a cross-functional team environment•Designing Financial and Operational KPIs to drive accountability and continuous improvement
  • Swisher Hygiene
    Controller And General Manager - Swisher Hygiene
    Swisher Hygiene Jun 2011 - May 2015
    •Oversee all aspects of manufacturing, including project management, warehouse management, quality assurance, and product line profitability analysis•Direct all finance and accounting functions, including financial reporting and general ledger, standard costing and project costing, budgeting, business planning, cash management, risk management (insurance vs. self insurance)•Manage accounting and finance for multiple plant locations•Attaining and maintaining Sarbanes-Oxley compliance for Daley Manufacturing•Leading conversion of Swisher manufacturing facilities from multiple ERP platforms to single ERP platform•Directing continuous improvement initiative using theory of constraints and lean manufacturing toolsAchievements at Swisher Hygiene:•Reduced overall inventory by 30 percent•Consolidated brands and reduced SKUs by 40 percent•Refined standard costing to reflect actual costs of varying packaging sizes and batch sizes•Reduced month end close time by 60%•Managed the transition to Swisher Hygiene necessitated by the sale of the business
  • Capital Resin Corporation
    Controller
    Capital Resin Corporation Mar 1998 - Apr 2011
    Columbus, Oh, Us
    Responsibilities:•Manage external relationships, including banking/financial, external auditing, investment brokers, and insurance brokers.•Coordinate the information technology function, balancing internal IT with outsourcing.Achievements at Capital Resin:•Spearheaded an Ownership Thinking initiative, composed of scoreboards, department metrics and rapid improvement plans. This initiative incorporated a financial education curriculum throughout the organization. Overall savings of $500,000 in the first year of the program – 4 percent of non-raw material costs.•Directed a change in ERP systems from a technically outdated DOS-based system to a fully integrated browser-based system. This was an 18-month project that was both on time and within budget, and initiated a dramatically favorable cultural shift in the organization.•Developed a standard cost system, thus providing a tool that has been central to many pricing and quoting systems, and helped identify the pieces of business that provided the most value.•Persuaded upper management to alter the vision and marketing focus of the company from higher volume business with tremendous competitive pressure to more value-added business with greater margin potential.•Commenced a change of brokerage firms and investment choices for the company's 401(k) plan. Chose a fund family that has been rated in the top 20% of fund families for five consecutive years.•Improved accounting processes resulting in an improvement in time to perform month-end closing from 12 days to three days.•Improved inventory turns by 25 percent – reducing working capital by $1 million - while improving on-time deliveries from suppliers by 15 percent over a six month period.
  • The Auld Company
    Accounting Manager
    The Auld Company May 1996 - Mar 1998
    $40 million designer and manufacturer of decorative emblems for a variety of markets, including the automotive, appliance and sporting goods industries.; Managed and performed all accounting functions, including financial reporting, general ledger, A/R, A/P, inventory management, project costing.Achievements at The Auld Company:*Developed and refined accounting processes, reducing month-end closing from twelve days to eight days.
  • Resinoid Engineering Corporation
    Team Leader
    Resinoid Engineering Corporation Apr 1994 - May 1996
    $50 million manufacturer of thermoset and thermoplastic components primarily for the automotive and electric industries.; Managed and directed a cross-functional work team across three shifts, which included floor operators, shift; Drafted production schedules, managed inventory, procured raw materials.Achievements at Resinoid Engineering:*Eliminated an inherited six-week backlog of orders within six months.*Achieved a consistent level of profitability with a module that was losing $10,000 per week.*Reduced customer returns from twelve during the prior year to two in the first year of team leadership.
  • Resinoid Engineering Corporation
    Staff Accountant
    Resinoid Engineering Corporation Jul 1989 - Apr 1994
    Month-End Closing, Compilation of Financial Statements, Inventory, Standard Costing, Variance Analysis, Ad-hoc management reports, Accounts Receivable cash application, credit and collections.

Michael Mcmahan Skills

Budgets Management Financial Reporting General Ledger Accounting Strategic Planning Pricing Variance Analysis Manufacturing Leadership Erp Cost Accounting Finance Cross Functional Team Leadership Supply Chain Management Team Leadership Sarbanes Oxley Act Continuous Improvement Theory Of Constraints Process Improvement Analysis

Michael Mcmahan Education Details

  • The Ohio State University Fisher College Of Business
    The Ohio State University Fisher College Of Business
    Business Administration
  • Marietta College
    Marietta College
    Accounting

Frequently Asked Questions about Michael Mcmahan

What company does Michael Mcmahan work for?

Michael Mcmahan works for Sensient Technologies Corporation

What is Michael Mcmahan's role at the current company?

Michael Mcmahan's current role is Global Manufacturing Controller at Sensient Technologies Corporation.

What is Michael Mcmahan's email address?

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What is Michael Mcmahan's direct phone number?

Michael Mcmahan's direct phone number is +141497*****

What schools did Michael Mcmahan attend?

Michael Mcmahan attended The Ohio State University Fisher College Of Business, Marietta College.

What skills is Michael Mcmahan known for?

Michael Mcmahan has skills like Budgets, Management, Financial Reporting, General Ledger, Accounting, Strategic Planning, Pricing, Variance Analysis, Manufacturing, Leadership, Erp, Cost Accounting.

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