Michael Bonchick - Mba Email & Phone Number

United States

• Provides operational and financial strategy, business transformation, internal controls and business process efficiencies to companies of all sizes.
• Provided financial assistance and direction in raising both Series A and Series B funding rounds.
• For $300M PE Portfolio Consumer Goods Company, reengineered “Procure to Pay” and “Order to Cash” processes, improving cash flow predictability and DSO by more than 6 days.
• For $200M division of $2B publicly traded company, restructured global distribution network, resulting in 25% cost reduction.
• For $3M PE Portfolio Manufacturing Company, completed overhaul of ERP system, instituted metrics for cost reduction, margin improvement and SOX reporting, capital investment analysis and assessment of management team.

Hampton, Virginia, US

Provided strategic leadership and establish the company's overall financial and contractual environment, including pricing; and will ensure all proper controls and systems are in place-including sufficient capital and financial information-for the company to operate soundly and compliantly.Created detailed financial model used with investors for $20M.

Denver, Colorado, US

Chief Financial Officer for vertically integrated cannabis company.Supported Series B funding by maintaining data room and performing ad hoc analysis.Improved accounts receivable collections by 35% by instilling a disciplined approach and target setting with account managers.Maintained 13 week cash flow focusing on prevention of cash leakages and margin.

As a member of the senior management team manage high-level financial affairs and direct all facets of the Company’s business operations. Supervise financial staff throughout the organizations, including Company accountants, bookkeepers, data entry and systems support personnel.

Woburn, MA, US

Kongsberg, Buskerud, NO

• Senior Finance Executive of 2nd most profitable business unit of a €1B publicly traded company. Full P&L, forecasting, and audit responsibility.
• Directly responsible for all financial activity for manufacturing facilities in the United States (US), UK, Mexico, Spain, Poland, China, Brazil and India
• Turned around new Mexican plant from losing $350K per month to earning $150K per month
• Reduced overdue receivables in the US from over $1.8M to less than $175K

Newington, NH, US

• Senior Financial Leader for premier and rapidly expanding manufacturing company
• Partner with the Senior VP Operations, Director of Supply Chain, and VP of Sales in formulating cohesive integrated forecasting package
• Document and institute policies and procedures creating a “Sarbanes-like” environment where little controls existed previously
• Analyze Bill of Materials and remove cost both at a product line level and at company operations level and make recommendations to CEO in support of bid support and profitability objectives
• Improve A/P policies and procedures improving both supplier satisfaction and cash flow predictability

Successful business partner and controller for autonomous $100M+ division of a $900M advanced electronics company. Full P&L ownership and controls responsibility for Connecticut operations and contract manufacturing sites in the States, China and Thailand.

East Hartford, CT, US

Financial oversight for multiple international manufacturing facilities including planning, forecasting, closing, and controlsController for global strategic sourcing organization responsible for moving significant product spending to low cost locationsDirectly responsible for all activities of group including establishing viable business cases, managing.

Charlotte, North Carolina, US

Performed analysis of all Hamilton’s existing international in-house manufacturing cost structures Vs. new facilities or outsourcing, modeling financial merits of each & recommend a strategy to the President.Engineered an operational strategy that will remove $280M+ from Hamilton’s cost structure by 2009 by balancing production amongst Hamilton’s 84.

US

Conducted an in depth study of overhead spending resulting in a deeper understanding of differences between operating companies and recommended courses of action to improve performance.Established a monthly forward-looking indicator scorecard that examines key financial metrics to highlight issues before they become problematic for use by CEO and.

Round Rock, Texas, US

Managed all aspects of P&L for the fastest growing sales segment within the corporate market space.Created weekly and monthly reporting packages facilitating rapid identification of trouble areas.Presented weekly achievement of results to segment director and vice president of finance.Established and measured achievement of quota for over 100 sale.

Armonk, New York, NY, US

Finance Manager Expense and LogisticsProgram Manager, Finance - Channel FulfillmentSenior Pricing Analyst - ThinkPad Product LineWorldwide Capital and Resource CoordinatorFinancial Measurements and Outlook CoordinatorFinancial Analyst

Mba, Concentration In Strategy And International Business

Bs, Finance (Minor In Government)

Organizational Leadership