Randy Wallace Email and Phone Number

Finance Manager for Ft Worth and Houston corrugated manufacturing plants, focusing on planning, budgeting and capital project analysis

Relocated to Dallas, Texas to become Director Business Analysis - Cement, part of a newly formed Decision Support Group. Responsibilities center around bringing change to a stale financial planning, forecasting and analysis process, working closely with TXI managers to make well informed business decisions, establish accountability and align with company goals. Other achievements include: Analyze existing business segments and departments, working with and challenging both senior and operational management to identify opportunities for margin improvements across all aspects of the business.Identified sustainable annual cost savings in excess of $15 million dollars. Explain operating results to provide management with a basis for understanding drivers and improving results. Bridge current results with prior year, budget, and forecasts. Financial, sales & logistics modeling. Perform industry research and benchmarking against peers. Analyze and participate in due diligence process for new acquisitions. Prepare board meeting materials and other presentations as required. Review contracts and agreements. Perform and provide support for physical inventory for internal/external audits. Maintain internal controls (SOX) to safeguard and mitigate risk to company assets including inventory management. Responsible for management of all cost accounting activities, working closely with line departments to develop cost reduction programs. Provide margin analysis on product lines. Special classified projects & analysis. Review all capital requests and submittal paperwork, ensuring meaningful project explanations, auditable results and compliance with accounting policies. Prepare/review all financial justifications for capital projects (ROA, ROI analysis) with technical input from appropriate subject experts.

Managed team of seven for monthly closing and reporting of financials and key statistics for $100 million Riverside Cement division of TXIExplained monthly variance from budget, forecast and prior yearCoordinated monthly, quarterly, and annual budgeting and forecastingPreparation of Board of Directors materialsRe-aligned and reduced staff in accounting departmentSarbanes-Oxley complianceResponsible for credit, collections, and bad debt management

Developed sales and marketing data in advance of $2.0 billion cement plant built near St Louis Provided financial support and analysis for sales and logistics Coordinated sales and marketing data for SAP conversion in 2002Compiled industry and competitor data for market share and sales analysisAssisted in preparation of detailed sales budgets and forecasts

Coordinated and consolidated 14 different cement plant budgets and forecasts, ranging in value from $100 to $400 million annuallyProvided year-over-year and period-to-period comparisons when requestedPrepared consolidated budget and forecast packages for management reviewCaptured and summarized capital spending at 14 cement plantsIntegral part of BCM - Better Cost Management initiative for all cement plants