Mike Halbach Email & Phone Number

Minneapolis, MN, US

Minneapolis, Minnesota, United States

• Controller - Biomedical company
• Reported to CEO and Board as accounting / finance leader
• Managed critical, detailed cash and expense forecasting leading to Series B Financing
• Developed new standard costs for biomedical products
• Led conversion to management prepared financials from auditor generated in anticipation of public offeringController - logistics company with locations in U.S., China
• Supported sale of PE owned company to public company

Greater Minneapolis-St. Paul Area

Supported large Workday ERP implementation / transformation project (FIN/SCM/HCM) with a focus on financial work streams. Now focusing on post-go-live remediation and optimization efforts. Key implementation efforts included System Integration Testing, researching and testing the configuration and functionality of Workday financial modules. Movement of.

Greater Minneapolis-St. Paul Area

Allina Health is a not-for-profit health care system with 90+ clinics, 12 hospitals, 15 pharmacies, specialty care centers and specialty medical services that provide home care, senior transitions, hospice care, home oxygen and medical equipment, and emergency medical transportation services. Responsible for planning, directing, and managing all elements.

• Directed the Enterprise Risk Management / ERM / program in addition to Internal Controls over Financial Reporting (ICFR) and Controls Governance / SOC / for this complex, matrix $90B segment of UnitedHealth Group $200B.
• Grew the Risk and Controls team from 5 to 40, with a passionate focus on contributions, both individually and as a group. Diverse team with 14 home countries represented.
• Achieved leading results with Vital Signs participation of 100% and Engagement of 91%.
• Improved value of ERM function through improved risk information and efficiency of process. Prioritized strategic risks where 86% of major drops in market capitalization (>40%) occur.
• Compliance efforts included supporting annual ORSA reporting requirements, India and Ireland Company Acts.
• Received compliments from senior leadership for strategic business knowledge, meaningful, shared risk language, executive presence and communication skills.

• Internal audit director for clients with experience ranging from building the IA function and infrastructure, to audit execution, performing quality assessments / QARs /, recommending best practices and presentations.
• Demonstrated expertise at Sarbanes-Oxley compliance and Internal Controls over Financial Reporting / ICFR /. Career experience covers more than 40 engagements across the U.S. / including J-Sox and MAR /. Identified.
• Leveraged my C-Suite relationships to help grow the office > 500%.

Minneapolis, Minnesota, United States

• As a director, I led the financial process engagements for the Minneapolis office of this international consulting firm. Responsibilities included the recruitment and supervision of staff, supporting the sales process.
• Led the development of the Sarbanes-Oxley financial practice for the Minneapolis office.
• I directed every aspect from project setup, risk assessment, training, documentation, design evaluation, testing operating effectiveness, remediating control gaps, and sustaining the process with a focus on efficiency.
• I managed engagements in several industries including healthcare, retail, gaming, manufacturing, distribution, telecommunication, insurance and financial services.
• Clients varied in size from small public company to those with assets exceeding $100 billion and locations across the country from Washington to Maine.

Savannah, Georgia, United States

• I provided financial leadership for this multi-site, prestigious U.S. manufacturer of new build, service, refit, charter, yacht brokering, fuel bunkering and marine supplies for the mega-yacht industry leading to sale.
• I successfully led this turnaround to a sale of two operating companies that continued the trade name under a new management team.
• Developed detailed cash management / forecasting tools to manage the critical treasury function.
• I participated in difficult supplier negotiations for this working capital challenged company where major concessions were required.
• I implemented cost reductions including changes in the medical plan, staff reductions, and corporate purchasing teams to realize seven-figure savings.
• I identified key process improvements and drove accountability resulting in three weeks being cut from the consolidated financial close for this multi-location company.

Minneapolis, Minnesota, United States

• Provided consulting support to a variety of companies including medical device, food, pharmaceutical, legal, manufacturing and electronics. Performed multiple projects including:
• Interim CFO for $250M division headquarters of food manufacturer.
• Significant project experience, particularly software implementations including four with SAP, CMS, BPCS and Kronos.
• Raised gross margins by as much as 7% through corrected costing, pricing, identification of excess capacity and elimination of unprofitable products.
• Designed and implemented actual cost system for $3B division of medical device company (utilizing SAP, Excel, Access and Hyperion).
• Supported development of manufacturing metrics, variances and reserve analysis with bridging at large medical device company.

Minneapolis, Minnesota, United States

Minneapolis, Minnesota, United States

• Responsible for traditional CFO functions such as accounting, treasury, risk management, human resources and MIS. Also assumed responsibility for facilities, environmental engineering and sales. Managed up to 45.
• Negotiated four banking packages and more than ten capital leases. I reduced the bank debt by 50% in one year.
• Led critical cost reduction, capacity and cash management in this cyclical industry.
• Worked with major law firm in attempted acquisition from large defense contractor, roll-up to go public and a divestiture. The divestiture was so well contractually documented that an attempted lawsuit was summarily.
• Performed internal auditing for ISO 9001 certification and was the management representative to the audit firm.
• Wrote the Management Leadership and Strategic Planning portion of the Malcolm Baldrige and Minnesota Quality Award. Company was named finalist for Best Manufacturing Company competing with Honeywell and Rosemount.

Minneapolis, Minnesota, United States

• Helped build the infrastructure for this medical device startup, from one product to seven, and from a distributor to a manufacturer with nexus in several states. Accomplishments include:
• Participated in due diligence meetings and integration activities (included J&J and Bristol-Myers Squibb). Worked with diagnostic equipment acquisition in Silicon Valley to learn processes, document, and relocate back.
• Responsible for all product costing activity including procedures do drive inventory costing and general ledger for this startup company.
• Assisted with risk management activities including the tracking of asset values, loss control activities and workers compensation claims.
• I implemented two systems including an ASK ERP system that was utilized by larger companies such as 3M. I was the system manager and received training in each application module as well as the operating system which.
• Responsible for foreign currency hedging, involvement with international distributors and expatriates. Responsible for a staff of four.