R. Boyd Quinnell Cpa, Mba Email & Phone Number

Santa Monica, Ca, Us

Los Angeles, Ca, Us

Sherman Oaks, Ca, Us

Berlin, De

Full ownership and leadership of the Commercial, Operations, Manufacturing, and R&D Finance organization in the US, generating over $400 million in annual sales. Built and managed teams of up to 30+ individuals with 7 direct reports. Partnered with international leadership to drive best practices, business accountability, establishing strategic direction and driving operational decision making.  Transformed and lead Finance, Accounting, Facilities, Procurement, Contracting, HR, Legal, and Travel Delivered EBIT control plan that reduced field expenses by more than 25% in 2016 - 2018 Provided forecast and budget accuracy through team optimization, training and process standardization Developed policies and procedures and established cost controls, including travel standards, entertainment expenses, finance/accounting, and operational policies Successful implementation of new systems (Tax, Commission, Adaptive Insights, SAP, Concur) Created and rolled out new entity to provide shared services for Commercial, R&D, and Operations Established and maintained relationships with key-stakeholders (auditors, bank, peers, BOD, Investors) Demonstrated ability to continue to grow and adapt as the business changes and demands new, increasingly complex, thinking and problem solving.

Minneapolis, Mn, Us

Medtronic (2004 – 2015)With over 85,000 employees and $31B in revenues, Medtronic is one of world’s largest suppliers to the healthcare industry and a trendsetter in medical devices. Therapies cover diabetes, neuromodulation, vascular intervention, heart failure, surgical tools and more.Senior Director Finance and Controller – Diabetes; (2008-2015)Leadership for the Diabetes finance and accounting Operations organization with focus on facilitating sales and market share growth. Managed a team of individuals to support $2B+ of sales and responsible for business strategic planning, sales report & forecasting, budgeting, order management, standard costing, and M&D due diligence.  Promoted by CFO due to performance Led annual standard cost change process and annual budget process. Managed world-wide financial functions for $2.0+ billion division of Medtronic.  Acted as chief financial partner to GMs of two business units and the global technology division. Performed M&A due diligence on acquisition targets and worked on integration team for acquisitions. Reduced Inventory to meet year end goals by $40M (40+%) in 8 weeks, 3 years in a row. Charged with developing strategy and implementation for new product launches. Managed team of 13 direct reports and over 9 indirect reports at domestic and international locations.Director Finance– Diabetes; (2004-2008) Launched and supported a new manufacturing facility in Puerto Rico Developed a new warranty model and procedures that enabled forecasting of expense Streamlined revenue-cycle and insurance collections to reduce receivables. Enacted world-wide inventory control procedures to reduce inventory by $25M worldwide Mentored and developed finance and cost accounting staff Managed a Staff of 5 Direct reports and 3+ indirect reports in domestic and international locations Created new improved methodology for transacting in-transit inventory

Chicago, Illinois, Us

• Interim Manager, Corporate Revenue Accounting Group• Served as Project Manager for post implementation SAP enhancement for financial reporting, overseeing a staff of 7 responsible for general accounting and month end close• Developed ad hoc reporting and standardized P&L and Balance Sheet reports in BW and SAP• Created new closing processes for the division’s first and subsequent quarterly closes• Designed royalty reporting for partnerships, corporate interests, foreign subsidiaries, and licensees• Created and tested Sarbanes-Oxley (SOX) controls for systems and financial controls• Prepared worldwide consolidation of financial reports for over 35 entities • Provided user training on newly created SAP reporting and month end close processes• Oversee staff of 12 responsible for Sales/Lease Analysis Reporting, AR aging and Account Roll-forward, Appraisal Reporting, Commission Dispute Analysis, Month End AR Trade aging, Consolidated AR reporting and Collectability Analysis• Prepared bank Line of Credit document to solicit financing of receivables• Created business plan for a new company• Prepared financial models for 6 year projection and financial statements for company projection

San Jose, Ca, Us

• Responsible for all financial operations and management of a $1B division• Designed and implemented financial systems• Created standard costs for all products within division• Negotiated performance standards between manufacturing and division to attain maximum profitability• Created standard costing model; adopted and implemented throughout entire company• Established outsourcing manufacturing cost model• Devised business strategy required to meet the division’s goals during dramatically changing business climates and reorganizations• Supported senior management in planning, budgets, forecasts, resource utilization, business reviews, and operations• Created and implemented company-wide sales forecasting process• Defined and productionalized standard reports as part of the Site Improvement Team to create efficiencies and meet demands of the company• Managed, motivated, and developed a team of financial analysts to meet diverse and changing needs of the division• Advised management of implications and risks in operational plans and devised contingency strategies• Used, managed, and maintained the systems for my division’s application, including SAP

Eindhoven, Noord-Brabant, Nl

Manufacturing Cost Project Team Leader Eindhoven, NetherlandsPromoted by CFO to create, develop, document, and implement a worldwide manufacturing costing system that allowed the company to value worldwide inventory and feed this data into SAP•Managed worldwide, cross-functional development and implementation teams to create a new costing model and system to meet worldwide demands•Created worldwide business requirements, functional specifications, and implementation plan Product Group Controller Caen, France•Managed the worldwide financial organization for the product group, including $140 million in annual sales and offices throughout the world•Constructed short and long term budgets, forecasts, and business plans•Consolidated the business’ international performance monthly, quarterly, and annually•Advised management of financial implications and risks in organizational plans and devised contingency strategies

Santa Clara, California, Us

Manufacturing and Facilities Organizations•Promoted to Controller for over 40 departments with annual expenses of over $80 million and capital budgets of over $200 million•Managed and trained staff•Corporate instructor in financial policy and procedure•Completed quarterly expense forecasts & budgets•Accounting operations, reconciliation, and analysisCorporate Planning•Controller for 70+ departments with worldwide sites and annual expenses of over $100 million•Created and managed quarterly expense and capital budgets and forecasts•Devised strategic financial analysis for corporate and ad-hoc projects•Developed and guided effort in legal expenses control•Awarded Vice-President’s Award for outstanding performance in expense control that continues to save the company hundreds of thousands of dollars annually

Santa Clara, California, Us

Manufacturing and Facilities Organizations• Promoted to Controller for over 40 departments with annual expenses of over $80 million and capital budgets of over $200 million• Managed and trained staff• Corporate instructor in financial policy and procedure• Completed quarterly expense forecasts & budgets• Accounting operations, reconciliation, and analysisCorporate Planning• Controller for 70+ departments with worldwide sites and annual expenses of over $100 million• Created and managed quarterly expense and capital budgets and forecasts• Devised strategic financial analysis for corporate and ad-hoc projects• Developed and guided effort in legal expenses control• Awarded Vice-President’s Award for outstanding performance in expense control that continues to save the company hundreds of thousands of dollars annually

Toronto, On, Ca

• Strategic financial and market feasibility analysis, forecasting, and planning • Financial and accounting analysis and operations• Statistical analysis, demand forecasting, and budgeting• Acquisition strategic analysis, planning, and due diligence studies

Mba, Finance

Director Development Program, Finance

California, Accounting And Finance

Bba, Business

High School Diploma