Michael Wigge Email & Phone Number

Aurora, Illinois, United States

Aurora, Illinois

• Financial business partner for North and South America Polymers business supporting two segment VPs; ~$1.8b annual revenue. • Coach and oversee three business controllers, an internal transfer price controller and a consolidations controller. • Lead the monthly close process, the monthly forecast process and the annual budget process and communicate the results to the business and regional leadership. • Prepare and analyze new business opportunities and capital investments.• Support the implementation of international tax strategies and validation of internal transfer price studies.• Key finance member on the Sustainability Team supporting the financial analysis for investments in ECO/BIO, recycling and depolymerization projects for North America. • Evaluate new enhancements in SAP through user acceptance testing and integration planning.

Aurora, Il

• Financial business partner for the Specialties Polymers segment supporting the segment VP.• Managed and developed three financial analyst and two site controllers across North and South America supporting multiple business units and entities. • Coordinated the annual budget process, created the monthly forecast and analyzed financial variances. • Prepared the financial business case to build a new 100kt polymer plant to alleviate near-term global capacity constraints and support the project activities through the 2020 start-up. • Developed standard reports and analysis to monitor performance and provide consistent value-added financial information to key decision makers. • Member of the Finance Vision team responsible for driving improvements in training and development, culture, and mindset to support the latest technologies and market developments.

Elk Grove Village, Il

• Directed and managed the FP&A and accounting functions related to Gross Profit, Product Costing, Inventory Management, AP, and AR for both domestic and international operations. • Led the preparation of financial and operations variance analysis, communicated key drivers, and collaborated with operations to identify the root cause through LEAN problem-solving techniques. • Optimized and aligned the department structure to provide better support for internal customers. • Key member of the business team that supported the sale of the company to a private equity firm and led the post-merger integration activities for the finance department. • Coached and developed a team of five responsible for the FP&A activities associated with plant operations and inventory management. • Optimized and aligned the department structure to provide better support for internal customers.

Downers Grove, Il

• Senior finance partner for the Foodservice business segment and a member of the business leadership team; ~$1 billion annual revenue. • Managed a team of four responsible for the segment trade planning (~$300 million annually) and the financial, analytical, and decision-making support for the segment sales and marketing teams.• Provided value-added analysis of category/product P&L’s, COGS, pricing, and key initiative support. • Directed all financial planning and analysis for the four profit centers making up the Foodservice segment, ensuring the financial operating forecast (annual and long-range plans) delivered established key initiatives.• Prepared and presented the segment’s period performance, year-over-year analysis, and operating plans to the CEO, CFO, and the company senior leadership team. • Reviewed and approved the financial projections for all growth initiatives and “go-to-market” opportunities. • Finance partner on various cross-functional teams supporting the Lean Six Sigma culture. • Managed the segment finance team through a 50% workforce reduction and multiple company restructurings while improving and standardizing the financial analysis and reporting function.• Successfully analyzed commodity price trends and made price recommendations to offset upward trending commodity inflation of over $40 million.

Downers Grove, Illinois

• Business leader of the manufacturing and product cost process team managing the design and implementation of SAP ECC 6.0 (FI/CO, PP/PI, and MM) across the Supply Chain. • Successfully managed a staff of three plant controllers and co-led five IBM SAP technical consultants to deliver all business blueprint requirements and complete the work breakdown structure on time and on budget. • Monitored success through the development of unit and user validation testing while identifying and providing cross-functional communications regarding process changes resulting from SAP functionality and design decisions.

Downers Grove, Illinois

• Business partner supporting multiple VP of Operations for Meat, Bakery, and Co-Man facilities; ~$600 million cost of goods manufactured. • Coached, led, and developed a staff of five plant controllers, two senior analysts, and fourteen indirect reports. • Planned, organized, and directed the financial planning and analysis function across multiple manufacturing sites, including the monthly and annual planning cycles ensuring delivery of key initiatives. • Finance partner on multiple business unit teams providing functional expertise for manufacturing and marketing initiatives, including LEAN Manufacturing Kaizens and product cost initiatives. • Assisted with the preparation, review, and tracking of the plant’s capital spend and post completion reviews. • Monitored compliance and adherence to company finance policies and SOX key controls. • Successfully managed and resolved all internal process and control issues identified during a special audit review of a procurement process conducted by internal audit.

Tarboro, North Carolina

• Finance leader and member of the Plant Operations Leadership Team for a manufacturing facility producing over 100 million pounds of frozen baked goods, ~$120 million in cost of goods manufactured, and supporting $350 million in revenue. • Managed the finance staff consisting of seven employees responsible for plant cost and general accounting, daily production reconciliation and reporting, KPI reporting, payroll, and accounts payable functions. • Developed the monthly/quarterly financial statements, financial forecasts, and annual operating plans for the plant and communicated key financial analysis to the plant and division senior management teams. • Maintained production standards, labor routings, and bills of materials within SAP product cost system. • Developed a material-usage-variance report in SAP for use across the company to identify and eliminate material waste. • Monitored, tracked, and validated $25 million of cost savings initiatives delivered over a 3-year period.

Madison, Wisconsin Area

- Finance leader and member of the Zone Operations Leadership Team supporting a business zone made up of 3 production facilities and 2 direct store delivery sales zones with over $100 million in annual revenue. - Managed a finance staff of 3 accounting supervisors and 14 associates. - Analyzed financial, sales, and manufacturing data used to assist the Plant Managers and Zone Vice President in making strategic business decisions. - Ensured internal controls were in place adhering to company policies and procedures. - Successfully integrated newly acquired business areas to existing company policies, procedures, and SAP ERP system. - Consolidated finance functional work from two offices to one office with no additional headcount at surviving office.

St. Louis, Missouri

Oversaw the general accounting operations of multiple geographic Direct Store Delivery(DSD) regions with greater than $400 million in revenue. Prepared, updated, and reviewed accounting policies and procedures for use throughout the entire organization. Supervised and coached a staff of seven professional accountants. Prepared performance appraisals to provide developmental feedback and talent development plans.

St. Louis, Missouri

Responsible for reviewing and reconciling P&L and balance sheet activity for multiple business areas ensuring overall financial integrity. Participated in the successful integration of multiple business areas to the Financial Shared Services business model.

St. Louis, Missouri

Responsible for all accounting functions including payables, receivables and general ledger accounting for a construction firm with $850 thousand in revenue. Converted the business from a manual ledger keeping process to a computerized ledger process.

Bs, Accountancy

Mba, Mba

Education record