Michael R. Donath Email and Phone Number
Michael R. Donath phone numbers
Highly accomplished, results driven accounting and financial management executive with more than 30 years of experience primarily with mid-size manufacturing companies. Demonstrated ability to streamline operations while improving efficiency, achieving growth and increasing profits. Strong qualifications in developing and implementing accounting and financial controls in addition to change management. Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.Core Qualifications: Accounting & Financial Management, Cash Management, Acquisitions & Divestitures, Controllership, Budgets & Forecasting, Audits, Corporate Taxation, Cost Accounting, Risk Management, Policies & Procedures, Internal Controls, Treasury & Bank Relations, HR Management & Benefits
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ConsultantMakers Forward, Llc Sep 2019 - Present$30 million manufacturing company producing motion control parts and assemblies.• Develop and manage financial projections and KPI calculations of target companies for executive management, senior bank creditors and private equity investors.• Direct financial due diligence and comment on target company’s financial position, performance and respective industry outlook.• Complete opening balance sheet reviews and accounting research on relevant issues.• Research and identify potential acquisition targets and review offering memorandums. -
Chief Financial OfficerIdlti, Llc (Formerly Idl Tools International, Llc) Mar 2008 - Jun 2019$20 million manufacturing company producing standard and specialized razor blades and hand tools. Recently acquired by Stanley Black & Decker.• Guided 100% top-line organic growth during tenure while continually improving annual profits.• Held pivotal role in building key operating subsidiary (acquired for $3MM; later sold for $20MM).• Key member of Executive Leadership team directing all accounting and finance activities.• Successfully managed all banking relationships and cash management.• Implemented accounting policies & procedures for GAAP compliance.• Implemented perpetual inventory accounting system reducing inventory levels by 30%.• Improved working capital management, significantly reducing both AR days and Inventory days.• Reduced annual health care expenses by $0.5MM (3% of net sales) during transition phase of ACA.• Trusted & reliable voice to Senior Leadership for accurate business data and metrics.• Successfully managed all risk management and corporate tax compliance.• Implemented advanced biometric time clocks to improve efficiency of bi-weekly payroll administration.• Supervised, developed & mentored staff of 5 encompassing all accounting functions, inventory management, payroll & human resources.
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Corporate ControllerLongwood Industries Holdings, Llc Jan 1994 - Feb 2008$100 million manufacturing company producing elastomeric products for automotive and general industrial use, as well as plastic film products for the consumer sector. Acquired by Wabtec Corp. in 2013.• Instrumental team member enabling company to perform 11 acquisitions from 1994 to 2005.• Managed closing balance sheets and due diligence of 2 divested subsidiaries.• Key member of Senior Leadership team directing all accounting and finance operations.• Improved financial reporting accuracy by implementing company-wide standard reporting formats. • Developed operating procedures to control cash disbursements of all company subsidiaries.• Designed and implemented a corporate internal audit program.• Successfully directed annual audits by major accounting firm and all bank field examinations.• Oversaw all corporate tax compliance, including federal and state audits.• Restructured parent holding company from a C Corp. to a LLC in 2005, serving as liaison with outside tax & legal counsel on this complicated transaction.
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Senior AccountantGeneral Motors Corporation - Inland Fisher Guide Division Jul 1989 - Dec 1993Inland Fisher Guide (now part of Delphi Automotive PLC) manufactures various automotive parts and components.• Senior Accountant: Fisher Body Hardware Plant, West Trenton, NJ• Financial Analyst: Inland Fisher Guide Corporate Office, Warren, MI
Michael R. Donath Skills
Michael R. Donath Education Details
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University Of MichiganAccounting And Finance
Frequently Asked Questions about Michael R. Donath
What company does Michael R. Donath work for?
Michael R. Donath works for Makers Forward, Llc
What is Michael R. Donath's role at the current company?
Michael R. Donath's current role is Driven Entrepreneurial Financial Executive.
What is Michael R. Donath's direct phone number?
Michael R. Donath's direct phone number is +120164*****
What schools did Michael R. Donath attend?
Michael R. Donath attended University Of Michigan.
What skills is Michael R. Donath known for?
Michael R. Donath has skills like Financial Analysis, Financial Reporting, Budgets, Managerial Finance, Forecasting, Cost Accounting, Strategic Planning, Strategic Financial Planning, P&l Management, Variance Analysis, P&l, Process Improvement.
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