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Byron V. Kanaley, CPA, MBA

1125 Raleigh Road

Glenview, Illinois 60025

Home: (847) 729-6909

Cell: (847) 337-4898

Email: bkanaley@aol.com

 

 

 

PROFESSIONAL PROFILE

 

Successful financial professional experienced in accounting, finance, operations, strategic planning and information technology management.  Industry experience includes consumer products, manufacturing and distribution, and professional services.  A problem-solver adept at analyzing, assessing, and resolving complex situations in a timely manner. Complete understanding of business process at it relates to technology. Detail-oriented while maintaining a strategic and long-term perspective.

 

Effectively summarizes complex financial issues so that they are easy for the non-accountant to understand.  Committed coach and mentor who ensures the development of others by assigning new challenges and experiences while thoughtfully guiding them during the assignment’s execution. Outstanding spokesman for the company with lenders, attorneys, investment bankers, investors and auditors.

 

A long-range thinker has learned the importance of planning for and adapting to change, continually initiating reforms to improve an organization. Exceptional technical and analytical skills, broad industry exposure, COO experience and expertise in corporate finance and legal matters enable him to pursue any opportunity or face any challenge.

 

MANAGEMENT AND EXECUTIVE EXPERIENCE

 

THE GLOBE GROUP, INC.  CHICAGO, IL - MARKETING/COMMUNICATION

Chief Financial Officer and Senior Vice President

1999 – present

CAEL, INC. CHICAGO, IL - BUSINESS PROCESS OUTSOURCING

Vice President Finance and Administration

1994 - 1999

PROFIT TECHNIQUES, LTD. CHICAGO, IL - MANAGEMENT CONSULTING

Vice President, Business Consulting & Accounting Automation Services

1991 - 1994

OFFICE PAVILLION INTERIORS 2000 INC.  DOWNERS GROVE, IL - OFFICE FURNITURE

Vice President Finance and Operations

1988 - 1991

MARSHALL FIELD & COMPANY, CHICAGO, IL – COMMERCIAL SERVICES 

Controller, Commercial Interiors Division

1987 - 1988

INTERNATIONAL JENSEN, INC.  SCHILLER PARK, IL - CONSUMER ELECTRONICS

Division Controller  - Branded Products

1984 - 1987

ESTRONICS, INC. SCHILLER PARK, IL – MANUFACTURING / DISTRIBUTION

Director of Financial Reporting

ESMARK, INC.  CHICAGO, IL – CONGLOMERATE

Audit Senior

 

 

1981- 1984

 

1977- 1981

EDUCATION

 

MBA Cum Laude - University of Notre Dame, Chicago Campus - May 2003

Certified Public Accountant – University of Illinois - 1981

B.S. Accounting - Colorado State University - Ft. Collins, Colorado - May 1977

 

 

RESPONSIBILITIES AND ACCOMPLISHMENTS

 

CHIEF FINANCIAL OFFICER AND SENIOR VICE PRESIDENT

The Globe Group, Inc. Chicago, Illinois – Marketing/Communication 1999 – present

 

·          As CFO for Globe, led accounting, IT and project management staff supporting key clients including Levi Strauss & Co., 3M, Notre Dame University, Harris Bank, and Merlin Muffler.

·          Led finance and accounting activities including treasury activities, financial reporting, bank relations, and accounting systems.

·     Implemented financial reporting and analysis methodology for client activities including those relative to 3M and Harris Bank. Due to leadership void, took leadership role and not only created strategic plans, but also directed all financial, information technology, human resources, and operational areas.  Efforts resulted in successful contract negotiation with Levi Strauss & Co. for the “Values Supporting Our Brands” project.

·      Developed and implemented project management cost controls to successfully improve Globe’s margins on strategic management projects.

·      Reduced processing time, increased efficiency, and lowered overtime costs by assisting Globe’s accounting staff to increase teamwork.

 

 

 

VICE PRESIDENT FINANCE AND ADMINISTRATION

CAEL (Council for Adult and Experiential Learning) Chicago, IL – Business Process Outsourcing 1994 – 1999

 

·                      As Vice President, Finance of CAEL (150 person, $20 million company providing employee education benefit services to Fortune 1000 clients), created first strategic plan.  Established accounting procedures and internal controls for managing a client’s $6 million variable allowance program.

·          Established and directed a centralized accounting staff for CAEL to track activities in the Chicago, Denver, Philadelphia, and New York regional offices. Managed a client tuition reimbursement program that disbursed more than $60 million annually.

·          Hired and developed CAEL’s management team (including IT, finance, operations, and human resources) to meet the internal and external needs of the growing organization

·          Opened CAEL’s Cleveland office including, lease negotiations, office furniture and equipment procurement, staff selection, and IT and accounting systems development/implementation.

·          Managed the relocation of CAEL’s 12,000 sq. ft. national headquarters facility including designing a state of the art IT department with a separate air and temperature controlled server room, moving all computer networks to the new facility over a long weekend without downtime, and negotiating a $200,000 relocation incentive.

·     Designed and implemented an aggressive IT enhancement strategy and database development at CAEL to process $60 million of tuition reimbursement funds for employees of Bell Atlantic, US WEST, Levi Straus, and Chase Manhattan Bank.

·     Created an accurate pricing model and operational delivery system and then developed the necessary databases and IT infrastructure to service a $3 million Tuition Assistance Management System contract with Bell Atlantic.

·          Led the operations team responsible for establishing resource centers for Levi Strauss & Co. with the result being comprehensive, timely service for out-placed employees at a reduced cost to the client. 

 

 

 

VICE PRESIDENT, BUSINESS CONSULTING & ACCOUNTING AUTOMATION SERVICES

Profit Techniques, Ltd. Chicago, Illinois – Management Consulting 1991 – 1994

 

·     As Director of Profit Techniques, Ltd., evaluated the needs and implemented appropriate automation/financial software at more than one hundred companies resulting in reduced costs and enhanced information flows. These types of Hardware, Software, and Consulting Services generated more than $1 million over a 5-year period.

 

 

 

 

VICE PRESIDENT FINANCE AND OPERATIONS

Office Pavillion, Interiors 2000, Inc. Downers Grove, Illinois – Office Furniture 1988 – 1991

 

·         As VP of Finance and Operations for Interiors 2000 ($20 million office furniture dealership), directed a staff of 30 including those in professional services, accounting/customer service, and warehouse operations.  Directed the annual budget process, the preparation of monthly financial statements, and cost analysis for sales exceeding $100,000.  Key decision maker regarding employee and company insurance carriers and benefits.

·          At Interiors 2000, implemented PLATINUM accounting and order entry systems software, directed the integration of Computer-Aided-Planning (CAP) software with order entry, and developed software monitoring of work-in-process and stock inventories.

·          Responsible for hiring, training and leading Interior 2000’s finance and administration staff of 30 professionals from accounting, HR, IT, administration, and project management.

·          Led annual budget development and quarterly budget reforecast as V.P. Operations for Interiors 2000.

·          Identified problems and created solutions to ensure on-time delivery for Interiors 2000’s office furniture contracts.

 

 

 

CONTROLLER, COMMERCIAL INTERIORS DIVISION

Marshall Field & Company, Chicago, Illinois – Commercial Services 1987 – 1988

 

·                                                          As Controller of Marshall Field’s Commercial Interiors Division ($20 million sales, 70 employees), initiated and implemented a computerized order entry and billing system, developed billing procedures for delivery and installation costs, and created new sales commission structure based on gross profit performance. 

·                                                          Performed monthly financial statement preparation, analyses, and review.  Reported directly to the retail store control division on all operational matters.

 

 

 

DIVISION CONTROLLER  - BRANDED PRODUCTS

International Jensen, Inc. Schiller Park, Illinois – Consumer Electronics 1984 – 1987

 

·     As Division Controller for International Jensen (revenue in excess of $100 million), supervised staff of 17 preparing monthly financial statements, margin and profitability analyses, and divisional reporting.  Prepared annual budget and management plans, analyzed product line profitability, and assisted in new product development.

·          At International Jensen, corrected critical inventory shrinkage reporting problem through enhanced internal control procedures.

·          Improved product profitability margins through improved assembly and waste tolerances at International Jensen.

 

 

 

DIRECTOR OF FINANCIAL REPORTING

Estronics, Inc. Schiller Park, Illinois – Manufacturing / Distribution 1981- 1984

 

·      Responsible for consolidating monthly reporting packages from each operating unit into one report format.

Additionally accountable for implementing a PC accounting system to aid in the consolidation of financial report. Prepared cash management reports involving budgets and forecasts and contributed to year-end planning and annual budget development.

 

AUDIT SENIOR

Esmark, Inc. Chicago, Illinois – Conglomerate 1977- 1981

 

·          Responsible for financial and operational audits for Swift and Co., International Playtex, Inc and Vickers Petroleum Corporation. Work performed in conjunction with Arthur Young and Company.

 

 

 

 

 

 

 

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