Michael B.
Vice President of Accounting and Finance @Van Drunen Farms
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WORK HISTORY
Vice President of Accounting and Finance @Van Drunen Farms
Momence, IL, US
Manage accounting and finance departments responsibilities include:• Partnering with the owners and serve as an active member of the executive leadership team. Communicating and presenting financial matters to the owners, Board of Directors, and executive committee• Work closely with the owners on planning, developing, and implementing long-term strategic business initiatives. Including expansion, acquisitions, and divestiture.• Model the Organization\'s values, mission, and champion policies and procedures that advance diversity equity, and inclusion.• Produce accurate, complete, and timely financial statements and other management reports monthly. Oversee the development and maintenance of accounting policies and procedures, including GAAP compliant accounting practices.• Managed cash flow and maintain accurate forecasts of organization\'s cash position.• Coordinate the annual budget process and the preparation of interim forecasts for all entitiesMajor accomplishments include• Establishment and implementation of a costing system. This includes a process by where changes incommodity pricing can be reflective in multiple finished good sales target pricing models immediately. This provides for the ability to drive pricing decisions in days versus months. Moved the plants and departments to a standardize costing process and absorption cost models.• The lead in the strategic acquisition of the production facilities in Chile. This includes the financial and operational review, proposals and development of strategic plan. • Established process for the standardize accounting, month end close and reporting of the multiple entities that make up the various business aspects of Van Drunen Farms. This includes businesses in farming, production, distribution either in wholesale, retail and direct to consumer.• Implementation of ERP system - Deacom
EDUCATION
Indiana State University
Bachelor's degree, Accounting and Computer Science
ABOUT MICHAEL B.
A proven track record of developing processes and systems to deliver financial compliance initiatives, supply chain cost improvements, and financial analyses. • Financial compliance and reporting in small, large, multi-site and international operations• Business margin improvement by leading continuous improvement projects across various supply chain components.• Development of “fully load” costing and predictive KPI reporting• Extensive expertise in manufacturing environments.• Staff development and educating non-financial professionals on financial performance metrics
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