Holley Performance Products, Inc Work Values

Daily Duties at Holley Performance Products, Inc :

 Responsibilities for this manufacturing company included Budget Development/Execution, General Ledger/Bank Account/Accounts Receivable and Payable Reconciliations, Payroll, Monthly/Quarterly/Annual Financial Reporting (to include Monthly Bond Holders Report and 10Q & K Reports) – audited by Ernest & Young)  Responsible for accounting processes for this over $150M manufacturing operation to include areas of Cost, Accounts Receivable, and Accounts Payable.  Established an Active Engagement Program that resulted in a reduction in past due account receivables from 23% to under 4%.  Successfully negotiated two asset based working capital loans that increased liquidity and reduced interest expense.  As Treasurer, developed cash flow forecasting methodology, and daily cash management system that ensured sufficient availability to support operations and to meet high yield bond interest payments through management of Cash Collections (within 2% of projections) and Accounts Payable.  Developed and implemented sales policy changes resulting in reduced Days Sales Outstanding (DSO’s) of 12 days without negatively impacting order activity.  Revised Risk Insurance program through broker selection and policy changes that resulted in increased coverage at a 15% reduction in premium cost.  Integral Member of Two Segments of the Industry’s National Credit Group, Motor and Equipment Manufacturer’s Association (MEMA) - the Aftermarket Credit Group (ACG) and the Specialty Equipment Manufacturer’s Association (SEMA).

What they like about Holley Performance Products, Inc :

Organizations with strong, centralized leadership are particularly attractive to you. You require a work environment with leadership that aggressively seeks to expand and grow the business and does so in a visible and decisive manner. In general you prefer to work in an environment in which there is a strong link between leadership, its actions, and a strong set of company-wide values.

Tags

CFO, Controller, Risk Management, Banking, Mergers, Acquisitions

Skills

These are some of the questions we asked our climbers about their experiences with Holley Performance Products, Inc :