Steve Sadowski Email & Phone Number

Farmington Hills, Michigan, United States

Manage all financials related to Programs from initial quote to production/launch. Work with cross-functional teams to lead strategies for maximizing profits; provide program budget/forecasts, develop Analysts. Lead newly created Cost Estimating function, develop and manage estimating models and three analysts.• Drive team performance to win over $800M in new business and added over $14M in post-award profits.• Led cross-functional team to reduce Capital Spending by approximately $2M for newly awarded programs.• Provide training and mentoring to newer Analysts as the company grows.

Southfield, Mi

Lead plant controllers in manufacturing environment as well as one Sr. Financial Analyst. Drive cost efficiency via variance analysis, cost savings initiatives, manufacturing footprint studies, and KPI development.• Lead North American region (22 plants) monthly actual/forecast reporting in Sr. Management reviews.• Drive budget and 5-year Business Plan process throughout all North American locations.• Perform cost savings studies (i.e. excess inventory sales, overtime reduction) and capacity analysis for optimum plant efficiency.• Develop Key Performance Indicators (KPIs) for plants and Sr. Management reviews.

Warren, Mi

Managed team of four – negotiated multi-billion dollar Co-Development, Engineering and Royalty Agreements with business partners around the world (China, Japan, Korea, as examples).• Using extensive operations knowledge, identified Engineering cost savings in the tens of millions of dollars during cost reviews and negotiations.• Led analysis of business model with Joint Venture partners enabling Senior Management to better evaluate program profitability / losses as well as overall operating framework with partners.***Manager – Inventory and Cash Flow initiatives | 2013 - 2017Directed team of two that was able to identify and implement inventory reduction plans resulting in over $450 million of improved cash flow.• Demonstrated ability to break down barriers and achieve outstanding results with those that didn’t report to me on a global basis - this enabled team to deliver cash flow initiatives working with diverse constituents.• Using data analytics, developed suite of Tableau reports for staff and assembly / propulsion plants for better inventory management – resulted in over $100 million of cash flow improvement.• Mentor to many employees, developed record of promoted analysts (four in five years) with no turnover.

Birmingham, Mi

Acted as Financial Advisor - primarily in CEO/CFO capacity - to management of distressed companies with goal of returning to profitability. Analyzed company operations including cash flow, profitability, personnel, strategy, and manufacturing activities. Implement changes for improvement.• Served as Interim Chief Executive Officer of the country’s largest marketer of Vehicle Service Contracts – sales of $265 million. Managed complex legal issues with IRS, numerous State Attorneys General, and Postal Service, as well as banking relationship. - Led all operations functions (70 employees) for over a year in bankruptcy and wind-down situation. - Recovered over $25 million for senior secured lender and over $30 million for Creditor’s Committee.• Acted as Interim Chief Financial Officer for consumer products firm and automotive supplier – sales of $70 million. Addressed personnel, purchasing, accounting, manufacturing, and management issues. Company returned to profitability in late 2009.• Served as Interim Chief Executive Officer of plastic injection molding company – sales of $30 million.

Southfield, Mi

Developed detailed financial forecasts / models of income statement, balance sheet, cash flow, credit-related schedules, and liquidation analysis for client presentations. Performed due diligence on behalf of client.• Provided financial and operational support of client objectives of securing raw materials and automotive components at minimal cost, at times acting as Purchasing Manager to secure materials.• Acted as Treasurer / Controller on behalf of client to direct cash management activities, review proposed cash disbursement activity, and disburse funds on behalf of client from a trust to ensure production of components without interruption.

Dearborn, Mi

• Sold two plants and one Product Line - provided financial analysis in support of sell-side preparations for each plant being sold - including financial modeling of future state of business, and preparation of bid/offer packages for divestiture.• Coordinated due diligence efforts in both Staff and manufacturing locations, and manage review of legal documents (Memorandum of Understanding, Asset Purchase Agreements) from a Finance perspective.• Recommended strategic opportunities for plants and businesses being sold. Identify restructuring actions, resourcing opportunities, Greenfield proposals, and product line strategies to maximize value.• Lead the Finance function in coordination of all data (historical and forecast) related to the plants and businesses under consideration for sale or closure. • Supported Ford Corporate Business Development in meeting the goal of securing a Memorandum of Understanding (MOU's) for each plant, ultimately leading to a sale.

Clinton Twp, Mi

• Developed and implemented Activity Based Costing model at two manufacturing plants while enhancing cost accounting and information flow regarding part profitability. • Developed quoting model using ABC concepts to ensure profitability targets were met for new business.• Implemented budget and forecast models as well as variance analysis and reporting package for senior management and outside firms (banks, auditors).• Instituted the continuous improvement program, identifying over $300,000 in cost savings.• Participated in month-end activities including inventory, manufacturing accounting, and job margin analysis by cost component.

Van Buren Twp, Mi

• Managed internal control review program for 84 international locations as part of Sarbanes-Oxley launch.• Collected and analyzed external auditor fee data for SEC documents (Proxy).• Prepared external auditor fee actual and forecast reports on a quarterly basis for Audit Committee.• Implemented internal control program for all new computer/system application launches.Sr. Financial Analyst (1998-2003)• Developed sales/marketing strategy for Chassis products, leading to nearly 20% growth in two years.• Responsible for insuring maximum profitability in establishing product pricing.• Prepared five year business plan for various Chassis products for senior management presentation.• Responsible for profit reporting, labor & overhead, investment analysis at manufacturing plant. • Managed continuous improvement plan at plant, identifying approximately $400,000 in savings.• Prepared variance analysis on monthly basis vs. forecast, budget and prior year.

Troy, Mi

• Analyzed and updated actual and forecast data in Hyperion financial system.• Produced variance analysis for income statement and balance sheet items.• Completed monthly operations schedules and annual budget for senior management.• Prepared and analyzed various ad-hoc reports for senior management on a monthly basis.• Responsible for monthly internal “Management Discussion and Analysis” report for CEO and senior management team.

Troy, Mi

• Prepared budget and forecast analysis in detail for 2,100 stores and over 100 accounts.• Produced monthly budget and forecast variance reports for management.• Responsible for profit and loss forecast using Excel models. • Collected and analyzed industry and competitor business measures (inventory turns, sales/sq.ft., etc.).

Rochester Hills, Mi

• Collected and analyzed budget/forecast data for eleven stamping plants.• Analyzed product cost data for profitability in pricing and tooling.• Prepared and made presentations for management regarding forecasting & growth opportunities.• Analyzed capacity for existing & new business to maximize asset utilization among eleven plants.

Dearborn, Mi

• Developed and launched quality control computer system at 18 Ford assembly plants, improving supplier quality and cash flow by streamlining the debit memo process.• Responsible for North American training, helpdesk, and user’s guide for computer system.• Analyzed and forecast warranty cost data and prepared management reports for Ford Motor Company.• Recommended actions for Ford Engineers and suppliers to reduce warranty and improve quality.• Supported quality review teams as liaison with suppliers.

Masters Of Science - Finance, Finance

Bachelor Of Arts (Ba), Finance, General