Scott Galocy

About Scott Galocy

With over 20 years of experience in finance, accounting, and business development, I am a North American CFO at Bufab, a leading provider of fastener solutions. I hold an active Ohio CPA certification and an EMBA from the University of Notre Dame - Mendoza College of Business, and I have a proven track record of delivering results and value to organizations ranging from $35M to $4B in revenue and assets.As a Senior Controller, I manage $100M+ of financials across four North American sites, ensuring compliance, accuracy, and efficiency. I also provide strategic and financial planning, income and cash growth, and cross-functional team leadership to support Bufab\'s vision and goals. In my previous roles, I led the pricing of parts for $1B of spare part and engine sales, achieved $1B profit for a product line with over $2B in sales, and simplified complex processes and solved issues between multiple entities. I am passionate about enhancing and expanding business intelligence, leveraging data for metrics reporting and team accountability, and overseeing productive performance of cross-functional teams. I have been recognized for providing sound financial advice. I have M&A experience in valuing and evaluating possible acquisitions. I have met with potential acquisitions to vet financials, customer concentration, and business cycle implications. I developed a checklist that my boss will use in future acquisitions. I also led the sale of one of our sites and the due diligence and quality of earnings analysis on a potential acquisition. I improved the proceeds of the sale by over $1M by finding the buyer.At GE, I developed a process to eliminate rebates on new parts which saved GE over annually. In the last two years, I have read over 200 books on leadership, sales, strategy, business development, business processes, productivity, hiring, company turnarounds, business valuation, Private Equity Operating Partners, and AI. My first CFO at Bufab had complete confidence in my region\'s numbers because of my willingness to understand the key drivers of the region. I have developed financial analysis that was shared with the Board. I also helped the largest site to understand their price, and volume trends within major industries.

Experience

1. North American CFO Business Development

   Bufab

   Apr 2022 — Present · Cincinnati, OH, US

   Managed financials for $100M+ across 4 North American sites at Bufab.• Advised site CEOs on improving financial performance and identifying growth opportunities.• Assisted in setting bids on M&A opportunities and conducted site visits for potential acquisitions.• Currently assisting in modernization effort in lead generation, CRM selection, and website enhancement improvement.• Conducted site visits for potential acquisitions.

Skills

• Six Sigma
• Financial Management
• Financial Reporting
• Budgets
• Finance
• Internal Controls
• Entrepreneur
• CFO
• Variance Analysis
• Contract Negotiation
• Start-Ups
• Working Capital Management
• Business Process Improvement
• Supply Chain
• Business Strategy
• Lean Manufacturing
• Microsoft Office
• Sales
• Mba
• Controller
• Financial Analysis
• Accounting
• Corporate Finance
• Financial Planning
• Team Building
• Management
• Budgeting
• Strategic Financial Planning
• Business Analysis
• Cpa
• Cash Flow
• Leadership
• Business Planning
• Forecasting
• Continuous Improvement
• Managerial Finance
• Program Management
• Supply Chain Management
• Hyperion
• Financial Accounting