Tom Benedict

Tom Benedict Email and Phone Number

Chief Financial Officer @ Knape & Vogt Manufacturing Company
Grand Rapids, MI, US
Tom Benedict's Location
Grand Rapids Metropolitan Area, United States, United States
Tom Benedict's Contact Details
About Tom Benedict

Executive Profile: Senior finance, business and strategic leader with a passion for driving financial and operational results in a challenging and high pressure environment to achieve corporate objectives. Strong experience across broad areas of Finance, Controlling, Treasury and Accounting in the automotive, commercial vehicle and consumer products industry. Proven track record of building strong partnerships with operational and functional counterparts. Skilled decision maker, problem solver, team builder, motivator and leader. Committed to doing business with the highest level of initiative, ethical behavior and integrity.Core competencies include:Driving Financial Performance; Business Partnering for Success; Financial and Operational Acumen; Strategic Thinking; Financial Reporting and Analysis; Change Management; Cost Reduction Implementation and Tracking; P&L, B/S, CF Forecasting and Management; Capital Investment Decision & Analysis; Team Development and Talent Acquisition

Tom Benedict's Current Company Details
Knape & Vogt Manufacturing Company

Knape & Vogt Manufacturing Company

View
Chief Financial Officer
Grand Rapids, MI, US
Website:
knapeandvogt.com
Employees:
333
Tom Benedict Work Experience Details
  • Knape & Vogt Manufacturing Company
    Chief Financial Officer
    Knape & Vogt Manufacturing Company
    Grand Rapids, Mi, Us
  • Charter Industries
    Chief Financial Officer Chief Operating Officer
    Charter Industries Jul 2019 - Present
    Kentwood, Michigan, Us
  • Kl Outdoor And Gsc Technologies
    Chief Financial Officer
    Kl Outdoor And Gsc Technologies Jul 2017 - Jul 2019
    $250M consumer goods manufacturer specializing in Thermoform, Rotational Mold and Blow Mold technologies. Responsible for leading US and Canada Accounting, FP&A, Treasury, Tax, HR, IT, Procurement and Warehouse/Logistics.- Reorganized Finance team to align to future needs of the business. Added Controller, Cost Accountant and BI Analyst. - Led successful integration of Canadian manufacturing acquisition of similar size- Led study identifying optimal warehouse and distribution strategy leading to board decision to pursue greenfield project to consolidate facilities and saving $2 million in annual operating costs.- Optimized working capital through targeted effort to standardize vendor payment terms improving DPO by 25%, reduced excess inventory by 30% and renegotiated key customer payment terms improving payment terms by 10%. Implemented 13-week cash forecast to track improvements.- Streamlined month-end close and financial reporting process leading to meaningful improvement in timing, analysis and insights provided to the management team, CEO and Board of Directors. - Led overhaul of standard cost process driving improved material and manufacturing costs across product lines / SKU’s, ensuring accurate inventory costing and more profitable pricing.- Negotiated preferred term loan and revolver credit facility terms with lenders.
  • Lippert Components
    Treasurer
    Lippert Components Jan 2016 - Jul 2017
    Elkhart, Indiana, Us
    Recruited by the company during period of accelerated growth to help restructure their credit agreements and build out formal Treasury team. Custodian for the corporations cash, investments and credit facilities. Manage relationships with credit partners at JP Morgan Chase, Wells Fargo, Bank of America Merrill Lynch, Prudential and 1st Source. Responsible for leading Cash Management Strategies and Cash Forecasting, Capital Planning and Forecasting, Risk Management, Credit & Collections and centralized Shared Service team including AP and AR
  • Eaton Corporation
    Head Of Global Financial Planning And Analysis
    Eaton Corporation 2013 - 2016
    Dublin, Ireland, Ie
    Responsible for leading the monthly forecast and actual process for $4B global Vehicle Group division. Directed the consolidation of 5 regional businesses, 2 JV's and Headquarters. Coordinated the annual Profit Plan process across the Group. Supported global business GM's in development of longer term strategic plan focused on top line and margin growth for 6 product lines. Partnered with Manufacturing and Supply Chain to identify and drive operational improvements across the organization.
  • Whirlpool Corporation
    Global Controller - Fabric Care Business
    Whirlpool Corporation 2009 - 2013
    Benton Harbor, Michigan, Us
    Partnered with the Global Fabric Care President to lead the development of the 5-year strategic product and financial plan. Worked with the regional product category GMs and their teams to identify and collaborate on global product manufacturing opportunities to optimize business capital and engineering resources. Led cross functional teams in development of global project business cases. Led monthly actual and forecast process as well as consolidation of the monthly, quarterly and annual financial statement reporting for the Global Fabric Care business. Achievements: Functional lead on ‘Value Chain Analysis’ benchmark study commissioned to compare the full value chain of front load washer products to key competitors LG and Samsung. Outcome of analysis resulted in anti-dumping lawsuit against countries importing products into the US and U.S. Department of Commerce issuing significant tariffs against key Korean and European competitors. Drove significant incremental sales and profits for the company.
  • Chrysler Group Llc
    Various Finance & Controlling Positions Of Increasing Responsibility
    Chrysler Group Llc 2000 - 2008
    London, England, Gb
  • Chrysler Group Llc
    Various Finance & Controlling Positions Of Increasing Responsibility
    Chrysler Group Llc 1995 - 2000
    London, England, Gb

Tom Benedict Skills

Forecasting Process Improvement Manufacturing Automotive Financial Analysis Finance Cross Functional Team Leadership Management Financial Reporting Continuous Improvement Cost Accounting Six Sigma Leadership Internal Audit Sarbanes Oxley Act Budgets Lean Manufacturing Internal Controls Hyperion Enterprise Financial Modeling Analytical Skills Financial Planning Analysis Business Process Improvement Budgeting Variance Analysis Talent Management

Tom Benedict Education Details

  • Oakland University
    Oakland University
    Finance And Accounting
  • Central Michigan University
    Central Michigan University
    Finance

Frequently Asked Questions about Tom Benedict

What company does Tom Benedict work for?

Tom Benedict works for Knape & Vogt Manufacturing Company

What is Tom Benedict's role at the current company?

Tom Benedict's current role is Chief Financial Officer.

What is Tom Benedict's email address?

Tom Benedict's email address is tb****@****ci1.com

What schools did Tom Benedict attend?

Tom Benedict attended Oakland University, Central Michigan University.

What skills is Tom Benedict known for?

Tom Benedict has skills like Forecasting, Process Improvement, Manufacturing, Automotive, Financial Analysis, Finance, Cross Functional Team Leadership, Management, Financial Reporting, Continuous Improvement, Cost Accounting, Six Sigma.

Who are Tom Benedict's colleagues?

Tom Benedict's colleagues are Jim Soloman, Bob Sakocius, Richard Brinkman, Mary Spiteri, 洪意涵, Quentin Miles, Robert Sytsma.

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