Paul Schwenzfeier

Electrolux Major Appliances

Controller - Value Sales Incentives - November 2007 - June 2009

• -Responsible for $488 M in customer value sales incentives
• -Created detailed Customer financial reports on Gross Sales and VSI spending
• -Implemented sales & marketing management spend tracking tool
• -Prepared Management financial reports and dashboards
• -Provided monthly and annual VSI forecasts for all customers
• -Developed user interface reports using COGNOS/Excel for management use
• -Improved Sarbanes-Oxley accounting compliance & reduced spending $2.5 M

Electrolux Major Appliances

Finance Manager - August 2005 - October 2007

• -Responsible for product line's financial position
• -Planned, established, monitored and controlled, budget programs
• -Complete control and overview on all funding to assure success in project objectives
• -Responsible for the formulation , presentation, execution, of all financial results
• -Worked closely with sales & marketing on profitability and growing the business
• -Completed Quarterly/Annual Operating Forecasts
• -Performed month-end closing and analysis
• -Complete ownership of monthly, quarterly, annual and multi-year budget estimates
• -Provided product line Leaders and PL VP with Financial consultation
• -Prepared operating expense reports, variance analysis, and "Program Breifings"
• -When necessary, prepared documents in support of supplemental appropriations, or for additional funding, based on new and/or unanticipated actions
• -Involved in the Standard Cost System including annual updates & re-rolls
• -Created PL reporting for analysis/recommendations on cash flow, budgeting, PL pricing,
• profitability, market conditions, and finished goods sourcing
• -Participated in annual audit

Business Foresight LLC

Business Director - October 2004 - August 2005

• -Lead financial accounting and business marketing for enterprise
• -Created marketing brochures & sales presentations for customer growth
• -Responsible for payroll, bookkeeping and financial reporting

Welch Foods, Inc

Financial Support Mgr. II - January 2002 - October 2004

• -Performed new business venture analysis
• -Value Chain Cost Savings committee lead (Operations, Logistics, Material)
• -Supply Chain chair for financial improvements and goal setting
• -Reorganized Supply Chain staff for more efficient customer service deliverables
• -Provided mentoring, training, and development plans for five finance professionals
• -Team member for the implementation of Oracle Financials

Welch Foods, Inc

Financial Support Manager I - January 1999 - January 2002

• -Led Supply Chain in monthly interpretation, analysis, and dissemination of results
• -Provided guidance to management on accounting policy & procedures relating to
• distribution costs, production expenditures, material purchases
• -Initiated and monitored national distribution rates and costs for three production plants and 150 distribution territories
• -Developed new Bracket Pricing structure & recommended changes to ensure profit maximization
• -Reviewed control & reporting procedures affecting $80M in average inventory valuation for three production facilities & numerous warehouses
• -Supervised and led various Supply Chain studies across multi-functional areas.
• -Performed special projects for the controller

General Electric Co

Purchasing Finance Leader - January 1989 - January 1999

• -Financial responsibility of procurement of $1.3B in direct and indirect material.
• -Led forecasting, budgeting, and reporting of monthly & quarterly financial results
• -Provided financial leadership to the purchasing group and factory wide cost reductions
• -Facilitated make/buy decisions, supplier negotiations, evaluations, and settlements
• -Representative for integration effort between the U.S., France, & Italy mfg. plants
• -Lead foreign exchange hedging efforts resulting in $30M of savings
• -Identified and led strategic metal hedging activity resulting in $2M in savings
• -Established material cost standards
• -Led annual PI effort on $50M of consignment inventory

General Electric Co

Program Manager - January 1996 - January 1997

• -Provided analytical tools to drive the business and help management understand
• variances between revenue, requisition costs, and margins from the complete "as bid" to
• "as shipped" cycle.
• -Led cross-functional teams in root cause analysis and corrective action plans
• -Chaired team on cost reduction initiatives and reported savings & financial impact
• -Assisted in business planning sessions, providing analysis, insight, summarization, and
• reconciliation.
• -Material variance duties responsibilities included: auditing, reconciling, and reporting
• price and production variances.

General Electric Co

Senior Financial Analyst - January 1993 - January 1996

• -Prepared, analyzed, & reported financial performance on sales, margins, orders,
• investments, expenses, inventory, and collections to senior management
• -Provided financial leadership to ensure the division achieved its goals and objectives.
• -Developed corrective actions plans to meet goals when needed
• -Complete responsibility for balance sheet integrity including account accuracy, funds
• flow trends, and turnover performance
• -Assisted in the preparation of the annual budgets, forecasts, and updates
• -Coordinated and led the monthly and yearly closing process
• -Led cash collections efforts by preparing forecasts, monitoring performance, and driving
• strategy
• -Analyzed and initiated corrective action in maintaining/exceeding budgeted applied
• margins for commercial business
• -Finance representative for inventory reduction team reporting to General Manager.
• -Prepared ad-hoc reports and charts and analysis for manager of Finance, FP&A
• management, and General Manager.

General Electric Co

Financial Analyst - January 1991 - January 1993

• -Developed, maintained, and reported on engineering operating expense budget
• -Provided financial leadership and counsel to Manager of Engineering and staff
• -Maintained integrity of operating plan by monitoring, controlling, and taking corrective
• action to contain functional costs.
• -Forecasted section work force requirements utilizing marketing sales & production plans
• -Performed lease versus buy analysis and support for capital and operating leases
• -Prepared and presented monthly and quarterly results package detailing year-to-date
• expense performance, headcount utilization, investment analysis, and risk and
• opportunity assessment.

General Electric Co

Finance Lead - January 1989 - January 1991

• -Led planning, directing, and negotiating cost/price proposals
• -Performed all post award audit activity in defense of company position
• -Performed vendor audits to ensure compliance, ascertain cost and price justification,
• and reviewed T&C's
• -Provided leadership in vendor negotiations.
• -Led proposal review board in advising negotiation strategy, company position, and
• detailed pricing strategy to maximize profit while reducing company risk.