CFO VP Finance CMA in Toronto Ontario Canada Resume Mark Todd

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

MARK A.

TO DD, CPA, C MA
A
STRATEGIC THINKING

Bradford, ON L3Z 0M4

647.210.7896 [email protected]

CHIEF FINANCIAL OFFICER


CFO
WITH SOLID OPERATIONS EXPERIENCE FOCUSED ON VALUE CREATION

Cross-functional operations leader with demonstrated success in the overall strategic direction of small and midsized companies from sales to shipping, and management of production facilities to ensure cohesive operations for goal attainment Multi-faceted and analytical executive excels in business strategy solutions to define and implement broad-based, bottom-line focused deliverables and EBITDA in a manufacturing environment Financial leader with acute business acumen proficient international currency, financial risk assessment, and cash management to ensure attainment of financial goals Results-oriented and decisive senior manager skilled in lean manufacturing concepts and implementation of continuous process improvements, with demonstrated ability to effectively lead multiple projects simultaneously to successful completion Collaborative and proactive team leader with proven communication skills and success in building rapport, mentoring and motivating cross-functional teams in finance, operations, human resources, and IT to ensure a cohesive, productive environment Versatile and forward-thinking professional with expertise as Corporate Officer, Company Controlled Goods Designated Official, Security Officer, Lead for C-TPAT and PIP

AREAS OF EXPERTISE
Strategic Business Solutions HR/IT Leadership/Management SR&ED/Purchasing Management Controlled Goods/C-TPAT Resource Planning/Management Material/Inventory Control International Reporting/Management Process Improvements Financial Planning/Management Program/System Development Cross-Functional Team Leadership Lean Methodologies / Change Management

PROFESSIONAL HIGHLIGHTS
Cost Reduction Programs - Successful in dramatically reducing cost of sales and SG&A costs to improve net margins and EBITDA that resulted in 20% improvements. Currency Hedging Programs Mitigated currency risk at time of order placement with a program to enhance net margins and EBITDA. Key Performance Indicators Introduced Key Performance Indicators (KPIs) to measure efficiency improvements resulting in improved financial performance and increased customer satisfaction. IT System Improvements Implemented upgrades to improve information flow and reduce workloads, resulting in 90% reduction in process times with greater throughput and no staff increases. Improved Cash Flow Developed SR&ED tracking system that reduced tax liability, increased claims by four times and improved the companys cash flow. Improved Procedures Created product pricing models for Sales to better define product profitability targets and ensure quote consistency and improve approval procedures. Lean Manufacturing Active lean practitioner within Finance, HR, IT, and Manufacturing Operations resulting in reduction in overall plant lead time from numerous weeks to hours through enhanced systems, processes and procedures. Scrap Recovery Procedure Introduced a sustained scrap recovery procedure to reduce waste materials and increase recoveries up to $1M annually. Financial Reporting Redesigned the reporting process with a newer robust system to provide weekly P&L statements that reduce the monthly cycle from 10 days to 2 days, while meeting increased requirements and providing more detailed information. Eliminated Overtime Combined two distinct unionized financial groups that resulted in a reduction in staffing needs by 40% and eliminated the need for overtime.

PROFESSIONAL EXPERIENCE
2 SOURCE MANUFACTURING INC. Mississauga, ON (aerospace / oil and gas) 2004 - 2014 Vice President and Chief Financial Officer Key Achievements: Senior Management Leader - Oversaw and provided strategic direction for a company manufacturing aerospace bushings, oil and gas MWD parts.

MA RK A. T OD D, C PA CMA

PAGE 2

2 SOURCE MANUFACTURING INC. Continued Financial Management Managed budgeting, risk management, inventory, treasury and cash management, internal KPIs, policies and procedures; implemented operational methodologies to improve efficiencies, workflow and systems, and reduce costs; developed improved process for weekly financial statement and corporate KPI reporting. IT Management Oversaw all IT initiatives including implementation of new software, equipment acquisitions, major system upgrades to JobBoss ERP System, disaster recovery programs, and partner with third party IT company. Inventory Control Introduced policies and procedures to enhance inventory accuracy and reduce inventory levels with successful reduction of 30% within one year period. External Relationships Established and managed active relationships with banks, government bodies, auditors, insurance companies, employee benefits providers, suppliers, and customers to ensure positive relations and excellent service. HR Regulatory Compliance Led HR department; managed compensation, payroll, benefits, policies and procedures, and government regulatory compliance; authored company policy manuals on Corporate Security, Employee Handbook and Health and Safety. PRO-ECO LTD. (SMS DEMAG AG) - Oakville, ON (steel industry) 2002 - 2004 Vice President of Finance Key Achievements: Financial Management Oversaw and directed finance and cash management for steel industry engineering services and manufacturer of rolled steel slitting lines with revenues of $60M annually. The company was 60% engineering and 40% production with significant outsourcing. Cross-Functional Leadership Managed financial and cost responsibilities for production, sales and engineering. International Liaison Liaison to German parent company providing monthly financial reporting to the billion dollar parent company. Contract Negotiation/Pricing Key Contact with Sales for customer contract negotiations and pricing initiatives. Capital Acquisitions Researched and made strategic financial recommendations for international customers in major capital acquisitions. Currency Hedging Program Introduced a major currency hedging programs that resulted in savings of hundreds of thousands of dollars on contracts.

OTHER PROFESSIONAL EXPERIENCE


StackTeck Systems Ltd./Unique Mould Makers Ltd., Brampton, ON (injection mould manufacturer) 1998 2002 o Divisional Controller (2001 2002) o Vice President, Finance and Administration (1998 2001) Husky Injection Moulding Systems Bolton, ON and Luxembourg (injection moulding machine mfg) 1993 1998 o Controller Advanced Manufacturing Centre/Large Tonnage Machines Ferranti-Packard Transformers Ltd (Rolls Royce Canada) Toronto, St. Catharines, ON (power transformers) 1982 1993 o Director of Finance

EDUCATION & CREDENTIALS


Certified Management Accounts of Ontario (CPA) CMA Designation, Managerial Accounting Brock University Bachelor of Administration with Honours in Accounting and Financing

PROFESSIONAL DEVELOPMENT
CMA Continuous Professional Development Courses Leadership/Employee Management Developing People Skills Kruathammer International, Luxembourg Motivation/Management Canadian Management Center Financial Management Canadian Institute of Chartered Accountants Managerial Development Dale Carnegie Institute Presentations / Public Speaking

You might also like