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Keystone Automotive, Inc./Veng Usa, Llc Work Values
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Daily Duties at Keystone Automotive, Inc./Veng Usa, Llc:
Managed the financial performance of the northeast division of this public company. The northeast division consisted of 28 distribution centers, with annual revenue exceeding $160 million. Total company revenue approx $1.5 billion * Provided executive team with timely, accurate forecasts of each facility's projected revenue and net income for current, and future financial periods * Summarized financial performance at the divisional, regional and branch levels for Divisional VP, explaining significant variances to budget * Drove revenue growth through detailed analysis of product line sales and margin performance * Guided regional and branch management, providing training and support to ensure each manager had a complete understanding of their location's current financial performance and future expectations * Directed the annual budgeting process for the division * Collaborated with production managers to identify inefficiencies, establish measurable production goals, and reduce labor/materials costs * Ensured all branch operations were in compliance with Sarbanes-Oxley (SOX) regulations * Consolidated 15 Keystone Automotive and Veng USA locations in New England down to 10 merged distribution centers, reducing accounting personnel in the region by 40% * Managed an accounting staff of 13, responsible for 10 New England facilities * Controller, Veng USA LLC (Nov 2003-Oct 2005)(Veng USA was acquired by Keystone Automotive in Oct 2005)* Directed all financial areas of this privately owned company, which consisted of seven distribution centers throughout New England, with annual revenue of $40 million * Key member of an executive management team that successfully grew revenue at an average rate of 18% annually, while consistently increasing profitability at the same time * Negotiated and implemented incentive-based compensation plans for senior and middle management * Assisted company owner in the sale of the business to Keystone Automotive, coordinating a comprehensive due diligence process * Managed a group of 10 team members in the Accounting and Human Resource departments * Accounting Manager (Oct 1999-Nov 2003)* Responsible for all month-end procedures, including the preparation and analysis of monthly financial statements and reconciliation of all balance sheet items * Improved accounts receivable collection procedures, utilizing automated collection call reminders and customer credit hold alerts * Reduced bad debt expense to lowest rate in company history (below 0.3% of sales) * Recruited, trained and managed all accounting personnel
What they like about Keystone Automotive, Inc./Veng Usa, Llc:
A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.
Tags
Timberline, Cognos, Budgeting, Cash Management, Team-Building, Forecasting, Crystal Reports, Divisional Controller, Analysis
Information about Keystone Automotive, Inc./Veng Usa, Llc
Company Rank: 4.0 out of 5
Average length of employment : 9 years
Average salary of employees: $90,000
These are some of the questions we asked our climbers about their experiences with Keystone Automotive, Inc./Veng Usa, Llc:
05| | ||
Were your performance expectations clearly communicated? | 4.0 |
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Were you recognized for meeting or exceeding expectations? | 3.0 |
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Did you feel like your personal contribution was important? | 4.0 |
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Was your career path clearly outlined and discussed? | 3.0 |
03| | ||
I would recommend this as a place of employment. | 3.0 | |
I believe in the purpose of this organization. | 3.0 | |
I would work for this organization again. | 3.0 | |
I feel employees are fairly compensated. | 3.0 |