David Magrini

About David Magrini

Highly motivated individual with more than 25 years experience as a Chief Financial Officer or Controller. Superior background in manufacturing with industrial, food and consumer product industries including various Fortune 500 companies. Strategic and financial planning expertise with emphasis on maximizing personnel and financial resources while focusing on bottom-line profitability. Well disciplined with a proven track record to manage multiple projects simultaneously and delivering on-time results. Supervised up to 30 employees with responsibilities in financial reporting, planning and analysis, budgeting, general accounting ledger, cost accounting and internal controls. Experienced at communicating and working effectively with a cross functional and diverse group of people at all levels of the organization.Specialties:• Financial and Strategic Planning • Budget Development and Management • Cost Reduction & Process Improvement• Internal Controls, Policy and Procedures (SOX)• Corporate Banking and Lending• Mergers and Acquisitions• Staff Development• Capital Expenditure Analysis

Experience

1. Controller

   3M

   Feb 2010 — Present · Irvine, CA, US

   Report to the Chief Financial Officer of this $250 million manufacturer of ceramic products. Responsible for overseeing seven manufacturing facilities and a staff of eleven for all general and cost accounting functions. Responsible for month end close, financial analysis for new business opportunities, prepare and present monthly KPI\'s, external audits, and SOX compliance initiatives. •Assisted in the negotiation and acquisition of $25 million solar company•Assisted in implementing SAP at seven manufacturing facilities •Performed cost/benefit analysis to move production to Kentucky saving $1.2 million and recommended closing Michigan facility saving $1.0 million •Participate in lean and six sigma cost savings initiatives saving over $2 million

Education

• California State University, Long Beach

  MBA, Financial Management

  1979 — 1984

Skills

• Cross-Functional Team Leadership
• Financial Analysis
• Strategic Financial Planning
• Erp
• Management
• Process Improvement
• Sarbanes-Oxley Act
• Financial Modeling
• Accounting
• Analysis
• Project Planning
• Strategy
• Cost Accounting
• Strategic Planning
• Business Process Improvement
• Budgeting
• Forecasting
• Managerial Finance
• Variance Analysis
• Sap
• Business Planning
• Internal Controls
• Auditing
• Sap Products
• Budgets
• Finance
• Pricing
• Financial Reporting
• Financial Planning
• Mergers & Acquisitions