You are on page 1of 3

Michael P.

Glazier, CPA
Homer Glen, IL 60491
815.462.1508
mglazier1230@gmail.com

EXECUTIVE SUMMARY
Experienced financial professional with more than 25 years of progressive experience including
financial planning, reporting, analysis, operational accounting, auditing, compliance testing and
systems implementations. Results-oriented, team player that can work cross-functionally with
Sales, Operations, and IT personnel to help deliver financial and strategic goals.

EXPERIENCE AND ACCOMPLISHMENTS


MORTON SALT, INC., a K+S Group Company, Chicago, IL
2008 2014
The $1.5 billion manufacturer and distributor of Morton and Windsor table, specialty and
seasoning salts, Ice Melt and Action Melt packaged de-icing products and provider of highway
de-icing salt throughout the U.S. and Canada.
Manager of Financial Planning and Analysis
Lead the development of the divisions Annual Operating Plan and Monthly Reforecasts.
Reported and analyzed financial results to investigate and explain variances from plan, reforecast
and prior year. Prepared quarterly financial commentaries for the Corporate Investor Relations
group. Provided financial support in analyzing the viability of new product introductions and
coordinated the set up of these items. Provided specialized financial reporting to the industrys
non-profit trade association and to corporate tax planning groups in support of federal and
provincial tax credits.

Assisted with the successful integration of Morton Salt into the K+S Group, the worlds
leading producer of salt.
Reengineered Mortons financial reporting processes to provide value-added analysis to
Morton leadership and to meet the reporting requirements of the new corporate parent.
Finance Co-Lead for the implementation of the SAP Costing, Profitability and Planning
Modules.
Established a series of Key Performance Indicators (KPIs) used to actively manage the
business.
Oversaw the management of a $90 Million Capital Budget
Board member of the Morton China National (Shanghai) Salt Company

TROPICANA BEVERAGES N.A., a division of PEPSICO, Chicago, IL


2005 2008
The $3.5 billion juice drinks manufacturer and distributor of Tropicana Pure Premium Orange
Juice, Dole Fruit Juices and Naked Juice Blended Fruit Drinks and Smoothies.
Manager of Financial Planning and Analysis
Directed the development of the divisions Annual Operating Plan and periodic Forecasts.
Analyzed financial results to investigate and explain variances from plan, forecast and prior year.
Oversaw the reporting of financial results to Senior Management and ensured compliance with
Corporate reporting requirements.

Assisted in the successful integration of the Naked Juice Company acquisition.


Division Finance Lead for the implementation of the SAP Planning Module.
Provided financial support to Brand Strategy in analyzing the viability of new product
offerings.
Developed and maintain pro-forma financial statements for the division, including the
apportionment of support costs, to reflect various organizational changes to the business.

Michael P. Glazier, page 2


BARTON INC., Chicago, IL
2000 2005
A $1.7 billion producer and distributor of alcohol beverages. Importer and distributor of Corona
and St. Pauli Girl Beers. Producer and marketer of distilled spirits including EFFEN Vodka, Black
Velvet Canadian Whiskey and Chi-Chis brand premixed cocktails.
Assistant Controller (2003 2005)
Directed the accounting, financial reporting and analysis activities for the Beer, Spirits and
Operational Accounting Groups including the monthly close and the year-end audit. Reviewed
financial performance with operating divisions to identify risks/opportunities. Provided guidance
to the accounting groups on new business initiatives and changes to accounting standards.

Finance Team Leader for the implementation of the JD Edwards ERP system for 7
manufacturing facilities throughout the US and Canada. Coordinated the activities of all
Finance resources; lead the General Ledger set up and data conversion efforts and
ensured system configuration and functionality met Finances business requirements.
Documented financial reporting and operational accounting procedures to successfully
demonstrate Sarbanes-Oxley 404 compliance.
Seamlessly integrated 2 Spirits brand acquisitions.
Lead a staff of 24, including 6 direct reports, across 8 locations.

Manager of Financial Planning and Analysis (2000 2003)


Directed the development of the companys Strategic Plan, Annual Operating Plan, and
Forecasts. Analyzed financial results to investigate and explain variances from plan, prior year
and forecast. Prepared financial models to value acquisition opportunities and to quantify
financial exposure/opportunities from various business decisions.

Played key role in Strategic Sourcing Initiative by identifying and quantifying potential
cost savings from coordinated procurement efforts across the Corporation. In the first
year, this initiative saved more than $800,000.
Provided financial analysis in support of a SKU Rationalization Project that reduced the
number of existing SKUs by more than 100 without diminishing profitability.

TELLABS, INC., Naperville, IL


1993 2000
A global $3.2 billion, publicly-traded telecommunications equipment manufacturer (TLAB).
Global Solutions and Services Division
This division generated revenues of $225 million primarily from the performance of system
installation and network consulting services.
Division Controller (1999 2000)
Financial Manager (1998 1999)
Directed the groups accounting, reporting and analysis functions. Established standardized
financial reporting processes for the division and developed its Annual Operating Plan.
Conducted monthly financial reviews of the operational units to identify risks, opportunities and
variances from the annual operating plan. Developed a set of agreed upon operational metrics
for use in measuring performance across segments of the business and geographic regions.

Identified and resolved inefficiencies in the billing process which resulted in a $13 million
increase in revenues during the first quarter as the divisions Financial Manager.
Worked as part of a cross-functional team to reengineer the installation process, thereby
reducing material losses by 25% and increasing overall project profitability by 6%.

Manager of Financial Reporting (1995 1998)


Managed the financial close process and worldwide consolidation for over 40 entities. Prepared
all financial reporting including external, SEC reports (Annual Report, MD&A, 10Ks, 10Qs,
Proxy) and internal management reports, including the Executive Management package and the
Board of Directors presentations. Acted as a high-level technician for research, policy formation
and implementation of complex GAAP, SEC and FASB requirements. Coordinated worldwide
audit activities with external auditors.

Played key role in successful conversion to SAP.


Reduced the month end close cycle by 29% while enhancing financial reporting content.

Financial Analyst Manufacturing Finance (1993 1995)


Performed Inventory and Cost of Goods Sold reporting and analysis for all locations. Established
and reviewed Bill of Materials and maintained standard costs. Supported audit requirements,
including the annual physical inventory audit. Reviewed and approved fixed asset additions,
disposals and transfers. Tracked the cost of internally constructed prototypes.

Reduced inventory shrinkage by more than $700,000 by reengineering the intercompany


inventory shipping and receiving process.
Designed and implemented an automated standard cost update process that reduced the
time necessary to perform the annual cost update by 66%.

CONTINENTAL BANK, Chicago, IL


ERNST & YOUNG, Chicago, IL

Senior Departmental Auditor (1989 1993)


Staff Auditor (1987 1989)

EDUCATION
M. B. A., Finance/Marketing, Kellogg Graduate School of Management, Northwestern University
B. B. A., Accounting, Loyola University of Chicago

ACHIEVEMENTS
C.P.A., Illinois 1988
Working knowledge of SAP (ERP, BW & BI-IP), JD Edwards, AS400 and Essbase
Extensive experience using the Microsoft products suite