RICHARD D. SCHUTTE
2954
(414) 761-1327
richard@rdsassociates.com
CAREER SUMMARY
Financial Executive with a comprehensive background in all functional areas of financial management. Proven abilities in:
Strategic Business Planning Information Technology/Systems
Forecasting/Budgeting & Analysis Banking Relations & Negotiations
Treasury/Cash Management Cost Analysis & Control
PROFESSIONAL EXPERIENCE
MICROELECTRONIC MODULES CORP.,
A $50 million privately-held manufacturer of microelectronic packaging solutions for original equipment manufacturers in the electronics industry.
Chief Financial Officer
Assist in the development and implementation of a strategy and business plan to restructure and stabilize the business. Directed cost reduction and cash management efforts.
ACCUTEC,
A $30 million privately-held manufacturer of custom metal enclosures for original equipment manufacturers in the electronics industry.
Chief Financial Officer
Assist in the turnaround and stabilization of the business from losses in the previous two years to break-even in 2000. Worked with the owners to successfully sell the company and assisted in the transition to the new owners.
MANU-TRONICS, INC.,
A $75 million privately-held manufacturer of printed circuit assemblies for original equipment manufacturers in the electronics industry. Company was acquired in 1999.
Chief Financial Officer
Responsible for the overall financial management of the business. Proactively provide financial analysis and support to maximize the profitability and productivity of operations. Manage and motivate the finance, accounting and information technology teams to achieve immediate and long-term corporate objectives.
¨ Assist the CEO in the development and execution of a successful plan of strategic growth in revenue and profitability for the company. Achieved a compounded annual growth rate of 15% over the last five years.
¨ Negotiate necessary bank financing to fund the business plan.
¨
Arranged financing for a $5 million plant
expansion project.
¨ Established a cost management and performance measurement system to monitor and report customer and product profitability.
¨ Managed selection and implementation of new enterprise resource planning system software.
¨ Developed and implemented an inventory part classification and control system.
¨ Directed the design and implementation of all employee benefit plans, including a unique public/private health care coalition.
¨ Directed risk management functions, including the review and negotiation of policies.
AUTOTROL CORPORATION,
A $30 million publicly-held manufacturer of water treatment equipment for residential and commercial applications.
Assistant Corporate Controller
Responsible for all corporate accounting including assistance in the coordination and control of strategic planning and budgetary process. Administered corporate-wide compliance with SEC, IRS and other governmental agencies regulations and pronouncements. Also administered and advised on federal and state tax planning and reporting.
HYTEK INTERNATIONAL CORPORATION,
A $15 million publicly-held manufacturer of home satellite receiving systems and industrial water treatment systems.
Controller
Responsible for all financial accounting including cash management, risk management and credit. Also responsible for preparation of all financial reports and filings with the SEC, primarily Form 10-Q and 10-K statements.
ERNST & YOUNG,
An international “Big 4” public accounting firm.
Audit Supervisor
Responsible for planning, organizing, coordinating and executing complex audit assignments of manufacturing, service and distribution companies ranging in size from $10 million to $600 million, including SEC companies.
EDUCATION
Certified Public Accountant, State of
BBA - Accounting,
AFFILIATIONS
Financial Executives International, Milwaukee Chapter President 1999-2000
American