Scott Nagel Email & Phone Number

Detroit, Michigan, United States

Oversee all financial planning and analysis, accounting, inventory, and data analytic functions. Responsible for creating budgets and forecasts and will craft the operating plan alongside the CEO and our investors. Works alongside the rest of the senior leadership team to track overall business performance and evaluate and implement new strategic priorities.

Farmington Hills, Mi

Managed a team of 10 direct/indirect reports, responsible for revenue, program management, costing, and R&D at Faurecia Clarion Electronics America division.

Warren, Mi

Led a team of four managers and 11 analysts that worked with business teams to map current processes and issues, developed new system requirements, worked with IT during the development phase, developed and executed testing, training and supporting documentation for new finance systems planned to launch in 2019 and 2020.

Warren, Mi

Led a team of employees responsible for system management, consolidation, analysis, and reporting of the global future product program business cases. Developed, implemented, and maintained financial templates and processes for global product development that provided consistency in developing and reporting business cases. Reported on business case results, analyzed portfolio outlook, and provided key input into the 10-year-long term plan. Significantly improved accuracy of the… Show more Led a team of employees responsible for system management, consolidation, analysis, and reporting of the global future product program business cases. Developed, implemented, and maintained financial templates and processes for global product development that provided consistency in developing and reporting business cases. Reported on business case results, analyzed portfolio outlook, and provided key input into the 10-year-long term plan. Significantly improved accuracy of the 10-year-long term plan through process and methodology improvements.Accomplishments• Redesigned global 10-year long-term strategic plan system, improved accuracy and data confidence resulting in Leadership eliminating products from portfolio and exiting markets. • Directed an initiative better aligning financial reporting for both current and future products resulting in the elimination of approximately 160 hours yearly of reconciliation, explanation development, and meetings. Show less

Greater Detroit Area

Led a team of employees responsible for consolidating and reporting of actual, forecast and budget for US Sales, Service and Marketing structural cost as well as reporting variable profit for US sales by vehicle. In addition, my team partnered with marketing staffs to ensure the execution of world class auto shows and key major sponsorship contracts, along with other important marketing initiatives. Accomplishments:• Developed and communicated budget for US SSM advertising funds… Show more Led a team of employees responsible for consolidating and reporting of actual, forecast and budget for US Sales, Service and Marketing structural cost as well as reporting variable profit for US sales by vehicle. In addition, my team partnered with marketing staffs to ensure the execution of world class auto shows and key major sponsorship contracts, along with other important marketing initiatives. Accomplishments:• Developed and communicated budget for US SSM advertising funds and structural cost along with divisional and staff targets. Through financial analysis and modeling, reduced the budget by $200M to support other corporate initiatives.• Provided requirements and knowledge of the US variable profit data warehouse system, which led to a redesigned global system that allowed all countries to maximize price and profit with detailed penetration and financial data. US team profit improved on a vehicle by $3.4M through using system data to identify an opportunity to change the vehicles sales allowance mix. Show less

Greater Detroit Area

Led a team of employees responsible for consolidating and reporting of actual, forecast and budget of expenses and inventory for vehicle assembly, stamping, engine, transmission and casting manufacturing operations. My team provided manufacturing leadership an understanding of performance by plant as well as partnered to reduce cost and support budget attainment. Accomplishments:• Generated proposals and executed solutions to complex problems including the allocation of a 10% 2010… Show more Led a team of employees responsible for consolidating and reporting of actual, forecast and budget of expenses and inventory for vehicle assembly, stamping, engine, transmission and casting manufacturing operations. My team provided manufacturing leadership an understanding of performance by plant as well as partnered to reduce cost and support budget attainment. Accomplishments:• Generated proposals and executed solutions to complex problems including the allocation of a 10% 2010 controllable expense target adjustment to manufacturing entities.• Developed a process for consolidating and communicating inventory that allowed leadership to have detailed insight into plant inventory driving specific performance improvements. Show less

Dayton, Ohio Area

Led both the finance and IT teams at a diesel manufacturing joint venture between General Motors and Isuzu. The finance team was responsible for profit and loss, cash flow, and balance sheet performance managed through treasury, financial planning and analysis, accounting, capital management, internal controls, payroll, and accounts receivable and payable functions. The IT team was responsible for all systems and hardware both on the manufacturing plant floor and in the office… Show more Led both the finance and IT teams at a diesel manufacturing joint venture between General Motors and Isuzu. The finance team was responsible for profit and loss, cash flow, and balance sheet performance managed through treasury, financial planning and analysis, accounting, capital management, internal controls, payroll, and accounts receivable and payable functions. The IT team was responsible for all systems and hardware both on the manufacturing plant floor and in the office environment. I managed key relationships with banks, external auditors, the international and local union, GM and Isuzu executives. In addition, my teams were responsible for setting financial and IT policies and procedures within the plant as we worked closely with HR, purchasing, logistics, manufacturing engineering, maintenance, machining, and assembly. Accomplishments:• Reduced year-over-year non-labor manufacturing expense by more than 10% in 2007 and 2008 through analysis and collaborating with senior leadership.• Produced and maintained 5-year business plan including profit and loss statement, cash flow, and balance sheet to support eliminating one shift and completing an impairment study required due to economic downturn as well as a large future investment requirement. Show less

Master Of Business Administration - Mba

Bachelor Of Business Administration - Bba, Accounting & Finance