Vice President Finance in San Diego CA Resume Karl Morgan by KarlMorgan


More Info
									                                    KARL J. MORGAN
                                       Chula Vista, CA 91911

                           FINANCIAL MANAGEMENT EXECUTIVE
Accomplished executive with extensive experience in publicly traded and privately held
manufacturing enterprises in multiple sectors. Exceptional problem solving track record while
improving internal controls and safeguarding the balance sheet. Proven success as a leader
building high performance teams and managing through change. Strategic thinker who effectively
communicates a vision for the future and rallies support at all levels. Whole business viewpoint
focused on growth and success over the long term while achieving current goals.

          Business Strategy Development                 Cost Accounting & Management
          Sales & Operations Planning                   ERP System Implementation
          Multinational Business                        Acquisition Due Diligence & Integration

                                 PROFESSIONAL EXPERIENCE
HONEYWELL INTERNATIONAL, San Diego, CA                                                   1997 – 2011
(Formerly Howard Leight by Sperian)
Vice-President, Finance                                                  2008 – 2011
Division Controller                                                      2001 – 2008
Corporate Controller                                                     1997 – 2001
Fast-track promotions through a series of increasingly responsible financial leadership positions with
direct oversight for building and leading a global finance team (US, Mexico, Brazil, Norway) for
$130M publicly traded multinational manufacturer of hearing safety devices. Managed through
multiple acquisitions while tripling the business and generating exceptional profitability.
Key Accomplishments:
   Managed change through 3 acquisitions of the company and multiple reorganizations.
   Directed the development of business continuity plans for San Diego and Tijuana sites.
   Led finance due diligence and integration for acquisitions in US, Brazil and Norway.
   Led 2 ERP conversions and integration of global data to improve business intelligence.
   Developed strategic plans, budgets, and rolling forecasts and managed business performance
   for all levels of management.
   Wrote commercial plan to enter Brazil market leading to new site and rapidly growing local sales
   (from $4 to $12 million in 3 years) in the emerging Latin American market.
   Implemented detailed manufacturing and E&O analyses and reporting, which were leveraged to
   other businesses in the group.
   Created and managed global pricing and supply chain strategies, maintaining low stock levels
   while enhancing on-time delivery.
   Built strategies to move from traditional products to intelligent hearing devices.
   Corrected Canadian pricing to garner a 12% increase with key account.
   Formulated model to move the business from a pure product to a HaaS model.
   Managed foreign exchange effects (FAS 52, ACS-830) on global business.
   Led conversion of division business from GAAP to IRFS.
   Managed internal and external audits insuring internal controls.
   Established controls on price deviation process, focusing on quality leads and new business.
   Implemented cost saving initiatives during economic downturns that maintained profitability.
KARL J. MORGAN                                                                       PAGE TWO

JAMES HARDIE IRRIGATION                                                             1991 – 1997
Corporate Controller, Laguna Niguel, CA                               1993 – 1997
Plant Controller, El Cajon, CA                                        1991 – 1993
Challenged to lead finance team (US, Australia, Europe) for $140M publicly traded multinational
manufacturer of irrigation equipment. Developed financial systems following company-wide
reorganization of domestic and international divisions. Led consolidation of business information
systems and created financial reporting models. Corrected significant structural corporate and
factory accounting issues.
Key Accomplishments:
   Resolved persistent external audit issues, reducing audit comments from 26 to 2 in 2 years.
   Solidified the balance sheet with strong internal controls and reconciliations.
   Took ownership of the IT department, eliminating months-long helpdesk backlog and improving
   Reengineered payables to cut staff by 1/3 while continuing growth.
   Built a new finance team following reorganization while reducing staffing.
   Resolved factory inventory control problems that had led to a large loss.
   Attended high-potential management development training in Australia.
   Designed and implemented a suggestion/recognition system to address factory morale issues.
   Developed EVA analysis to support ultimate sale of the business at a significant premium.

                             OTHER RELEVANT EXPERIENCE
AMERICAN HOME PRODUCTS, Plant Controller, San Diego, CA
CRANE COMPANY, Senior Cost Accountant, Washington, IA

                          EDUCATION & SPECIALIZED TRAINING
                 BBA, Finance with Honors, The University of Iowa, Iowa City, IA
                           James Hardie Management Development
                             Honeywell Lean Six Sigma Green Belt
                                      Dave Garwood MRPII
                                   Oracle JD Edwards System
                     Theseus International Leadership Development (France)

                                     SOFTWARE SKILLS
JD Edwards • MAPICS • Hyperion Enterprise • Showcase • MS Office • Cognos • Business Objects

           Board Member and Past Vice-President, Otay Mesa Chamber of Commerce
                          Western Maquiladora Trade Association

To top