Rich Wright Email & Phone Number

Chicago, Illinois, Us

• Achieved 60% revenue growth and 450% EBITDA increase.• Lead acquisition execution including evaluation, negotiation, and bank financing arrangement. • Integrated newly acquired production facility into corporate management and financial reporting.• Managed corporate debt and credit facility refinancing along with treasury services conversion.• Implemented aggressive pricing policy to enhance margin at customer level. • Oversaw complex ERP system implementation in newly acquired and existing manufacturing facilities.• Developed and implemented commodity hedging risk management program. • Oversee manufacturing cost accounting including development of standard cost, cost absorption and variance analysis to drive efficient production costs.• Redesigned Sales and Management incentive plan to tie incentive payments to financial objectives.• Orchestrated cross functional corporate legal restructuring. • Implemented Key Performance Indicators resulting in improved business performance.• Responsible for strategic development, analysis, and interpretation of statistical and accounting information to appraise operating results in terms of profitability, performance against targets.• Manage the overall direction coordination and evaluation of the accounting/financial operations, responsible for the oversight of all finance/accounting and reporting activities.• Responsible for the integrity of all regulation-based reporting such a GAAP, audits, debt covenant compliance, and board reporting.• Coordinate relationships with outside firms, audit committee, government agencies, banks, casualty/liability agents, 401k service providers.

Downers Grove, Il, Us

• Supported strategic initiatives in partnership with the President and Executive Team, including long-term direction, financial and tax strategies, capital requests/budgeting, and acquisition negotiations.• Prepared annual business budgets, monthly forecasts, and oversaw all departmental expenditures. • Analyzed operating results and performed analyses to identify opportunities for improvement.• Oversaw preparation of all reporting, including general ledger and financial statements, internal and external audit reporting, bonuses, rebates, quarterly sales tax reports, and all state and federal reporting.• Monitored and valued finished goods and raw material inventory. Developed strategies to reduce obsolete inventory expense. • Completed extensive customer profitability analysis and established ongoing performance review process. • In partnership with departmental leadership developed and reported key performance indicators to monitor and enhance performance. • Provided leadership, direction, and management of the accounting team.• Managed relationships with banks, auditors, business and property insurers, and retirement advisors.• Negotiated bank credit facility and oversaw compliance. • Oversaw the financial operations of branch offices and foreign operations.• Oversaw employee benefit and retirement plans, negotiated annual benefit renewals with emphasis on cost-effective strategies.• Maintained proper business property and casualty insurance.

Oak Brook, Illinois, Us

• Coordinate, develop assumptions, create models and lead the strategic planning, budgeting and forecasting processes for five business divisions consisting of 45 plants and 80 warehouses.• Manage portfolio of $1.5 billion production costs, $400 MM freight and $100 MM warehouse expenses.• Provide timely and accurate analysis of actual results, and perform variance analysis against prior periods, budgets and forecasts.• Prepare and consolidate interim outlooks and forecasts for total supply chain.• Direct investment analysis and strategic projects analysis including capex and plant performance. • Facilitate the preparation of monthly and quarterly business review meetings.• Managed cross functional team to reduce inventory levels by $100 million while maintaining adequate customer service levels.• Led cross functional team in development of customer bankruptcy policy.• Developed customer segmentation analysis based on product manufacturing complexity and margin enhancement.• Partnered with Continuous Improvement team to implement standardized cost saving tracking process. • Oversee customer freight cost recovery analysis and recommend pricing action to maintain profitability.

Oak Brook, Illinois, Us

• Led integration of manufacturing reporting structure for acquisition which doubled organization. • Developed and implemented Supply Chain Key Performance Indicators (KPIs) including manufacturing, logistics, procurement, and sales and operations planning.• Created Qlik/Power BI Executive Dashboard Supply Chain KPI reporting. • Identified and recommended product simplification strategies to improve plant efficiencies and drive margin improvement.• Created analysis tool for manufacturing line profitability and recommend business simplification initiatives to enhance margin.• Coordinated month end close and KPI reporting for consolidated Supply Chain.• Responsible for variance analysis and development of risk mitigation strategies to offset cost increases.

Mba, Finance

Education record

Master Of Human Resources And Industrial Relations, School Of Labor And Employment Relations

Bachelor Of Arts - Ba, American History (United States)