● CFO of 26 sites in North America, Asia, Europe, and South America including manufacturing, marketing & sales, research & development, and general & administration
● Experience from world-class manufacturing organizations including Toyota, Ford, and Danaher
● MBA, CPA, CMA
Specialties:
● Cross-functional leadership and continuous improvement
● Margin Improvement and cost performance
● Sales growth and investment prioritization
Divisional CFO / Global Finance Director @ Delphi Automotive is a $16B global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. As of December 31, 2012, the Company operated 126 manufacturing facilities and 15 technical centers utilizing a regional service model that enables it to serve its global customers. The Company operates through four segments: Electrical / Electronic Architecture; Powertrain Systems; Electronics and Safety and Thermal Systems. From February 2014 to Present (1 year 7 months) Greater Detroit AreaVice President of Finance and CFO @ Danaher Corporation is a $18 Billion diversified technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial markets. From January 2012 to February 2014 (2 years 2 months) Greater Boston AreaController @ Multi-site Controller of 6 domestic and international profit centers with 5 direct reports. Achievements include: ● Drove profit margin improvement activities through cost reduction and price increases; resulting in an improved operating profit percentage of 1000 basis points ● Led a cross functional team with the objective to consolidate finance departments with an additional site; resulting in added efficiency, increased accuracy, reduced manpower, and an annual savings of over $350K ● Developed new account receivables collection process to improve days of outstanding sales by 9 days YOY From January 2010 to January 2012 (2 years 1 month) Assistant Controller @ ● Reformed plant accounting practices and procedures to improve internal audit results from “Needs Improvement” to “Satisfactory” ● Promoted to Controller From February 2009 to January 2010 (1 year) Assistant Plant Controller @ ● Managed daily initiatives and activities of plant’s controller’s office and the analysts, including: budget creation, operating target deployment, journal entries, accounting accruals, manpower planning, and cost performance - Rated as “Top Achiever” (Top 10%) ● Created $135 million dollar actuals-based budget that identified areas for improvement; resulted in the achievement of a 9.5% Year-Over-Year efficiencies task ($13.3 M YOY cost improvement) ● Worked closely with Operations managers to understand and achieve controllable cost targets; resulted in an under run of $300k from our 2008 July shutdown maintenance budget From June 2007 to January 2009 (1 year 8 months) Senior Financial Analyst @ ● Completed alternative capacity reduction analysis of assembly plant that identified additional savings beyond previously proposed plan; implementation resulted in $51.9 M of savings over a two year period ● Created a zero-based budget for the Oakville Assembly Plant's 2007 new model launch, which totaled over $480 Million and encompassed over 50 line items ● Identified plant overtime operating inefficiencies and developed a schedule and action plan to eliminate them; resulted in an annual savings of $1.2 M ● Promoted to Assistant Controller From July 2005 to June 2007 (2 years) Design Engineer @ ● Designed new exterior components for future production models; resulted in saving Toyota $680k annually, $1.89 per Camry sold thru 06’ (30,000 Camry’s a Month) ● Analyzed customer warranty issues and performed root cause analysis; resulted in saving Toyota $15k annually over the life of the current Camry From January 2003 to August 2003 (8 months) Lead Plant Supplier Quality Engineer @ ● Monitored and controlled the quality of all incoming material into the plant; resulted in recapturing over $600k dollars in losses to supplier defects From May 2002 to December 2002 (8 months)
Graduate Level, Accounting @ Harvard University From 2010 to 2010 Master of Business Administration, Finance @ Michigan State University - The Eli Broad Graduate School of Management From 2003 to 2005 Bachelor of Science, College of Engineering @ University of Michigan From 1998 to 2002 Rochester High School Darren Mathis is skilled in: Cross-functional Team..., Financial Reporting, Strategic Planning, Financial Modeling, Forecasting, Manufacturing, Internal Controls, Continuous Improvement, Strategy, Working Capital..., Accounting, Process Improvement, Finance, Strategic Financial..., Business Strategy, Controllership Functions, CMA, Analysis, US GAAP, Budgets, Pricing, Variance Analysis, Cost Accounting, CPA, Acquisitions, Talent Management, Talent Acquisition, Internal Audit, Leadership, Corporate Budgeting, Financial Analysis, Hyperion Enterprise, Sarbanes-Oxley Act, Public Speaking
Websites:
http://danaher.com,
http://veeder.com,
http://setra.com