Summary
Overview
Work History
Education
Skills
Professional Affiliations
Affiliations
Timeline
Generic

Erin Solomon

Farmington,MI

Summary

Results-oriented Finance professional with 15+ years experience in corporate Financial Planning & Analysis and Capital business case management. Successfully led the restructure of General Motors Non-Product Program and ICE Powertrain/Vehicle Capital Portfolio, driving companywide transition to PHEV and EV platforms and battery innovation ($3.5B annually). Collaborated with cross-functional teams to implement the multi-year capital plan for non-product strategic initiatives including GM Europe reintegration and Pasadena Advanced Design Studio. Skilled in presenting financial impact analysis to GM Senior Leadership to support informed leadership decisions. Workplace of Choice Committee member focused on fostering a positive workplace culture and 'One Team' mindset.

Overview

17
17
years of professional experience

Work History

Capital Cash Execution Analyst - Product Programs

General Motors
Detroit, MI
09.2023 - Current
  • GM ICE Powertrain and ICE Vehicle program Capital cash management (~$11B Program Lifecycle)
  • Achieve CY24 Capital target of $11.5B or less
  • Identified and executed $250M in Capital forecast risk reductions for CY24
  • Support current month Capital forecast accuracy variation of 2% or less
  • Provide program financials for ICE Powertrain and ICE Vehicle program approvals at VPE and all Sr. Leadership approval forums (B.o.D)
  • Prepare and present Capital reporting to Finance Leadership monthly (ECE Reviews, Finance Director review)
  • Facilitate product program funding appropriation to kick-off production activities
  • Developed Product Program Capital Dashboard in Power BI to eliminate need to run multiple SAP Project Summary reports
  • Plan and Host monthly Capital Finance Director Extended Staff Meetings
  • Capital Workplace of Choice team member

Capital Cash Execution Analyst - Non-Product

General Motors
Detroit, MI
03.2021 - 09.2023
  • GM Non-Product Program Capital cash forecast management (~$3.5B annually)
  • Facilitated restructuring of 'Core NPP' Capital cash portfolio to incorporate EV/AV strategy
  • Realigned Capital reporting system (GICPS) to align with restructured NPP portfolio to streamline Capital reporting and reduced working hours from ~6 to ~2 hours
  • Facilitate NPP asset acquisitions: GM Cessna aircrafts, Pasadena Advanced Design Center, GM Europe D2C Showrooms, GM Heritage Center relocation
  • Consolidated and facilitated NPP Capital appropriation requests with quarterly presentations to the NPP B.o.D.
  • Senior Leadership DOA policy point-of-contact for NPP Capital projects
  • Delivered functional alignment to NPP Capital plan to facilitate Capital leadership decisions

Global Public Policy Financial Analyst

General Motors
Detroit, MI
04.2017 - 03.2021
  • GM Political Action Committee Assistant Treasurer
  • Automated company lobbying survey process for quarterly Lobbying Disclosure Filing with Office of the Clerk, U.S House of Representatives
  • Facilitated quarterly lobbying disclosure reporting and filing with Office of the Clerk, U.S House of Representatives
  • Facilitated semi-annual LD-203 reporting to Office of the Clerk, U.S House of Representatives
  • Managed MA Right-to-Repair ballot initiative with forecasting and reconciliation responsibilities
  • Set up annual contracts with GM's 130 third-party lobbyists
  • Monthly forecasting duties for Global Public Policy Center
  • Budget management and business solutions support for VP of Public Policy and 5 GM Executive Directors.

Communications Financial Analyst

General Motors
Detroit, MI
10.2010 - 04.2017
  • Reduced PR agency spending by $8M per year via three new AOR agreements
  • Managed GM Ignition Switch Recall budget with forecasting and reconciliation responsibilities.
  • Budget management and business solutions support for four GM Executive Directors
  • On-boarded and trained 122 Communications employees to eSAP system
  • Business liaison between GM Communications, Corporate Finance, Purchasing, and other GM functions
  • Interpreted business process control polices to maintain client/supplier compliance (ex. 'PO-for-Every-Invoice' policy)
  • Provided GBS Finance with monthly journal and accrual information to ensure proper accounting of liabilities
  • Facilitated monthly forecast updates to Corporate Finance
  • Public Relations event support in various GM markets: Black Girls Rock, Detroit Auto Show, Manic Mommies.

Powertrain Financial Analyst

Chrysler Group, LLC
Auburn Hills, MI
03.2009 - 03.2010
  • Determined/analyzed cost saving measures for production model powertrain components
  • Identified/tracked $8M in cost savings for 2009 calendar year
  • Compiled and analyzed financial data for major powertrain programs for 2011MY and beyond
  • Year-over-year corporate financial forecasting duties via Chrysler Product Cost Study
  • Tracked production costs for engines and transmission for the purpose of reducing component costs
  • Calculated Cost per 1% Fuel Economy to measure fuel economy impact for various powertrain systems.

Product Development Financial Analyst

Ford Motor Company
Dearborn, MI
09.2007 - 12.2008
  • Determined/analyzed cost saving measures for production model vehicle lines
  • Increased profitability for forward model vehicles through material cost reduction analysis
  • Identified/tracked $2M in cost savings for 2008 calendar year through material cost reduction
  • Compiled material cost and investment spending projections for annual budget and business plan
  • Abreast in S-Ox principles through monthly finance training courses/applications
  • Corporate financial forecasting responsibilities for material cost and tooling investment.

Education

Bachelor of Arts - Business Administration -

University of Michigan - Ann Arbor
12.2004

Southfield High School
Southfield, MI
06.1998

Skills

  • Budget Planning & Forecasting
  • Cash Flow Management
  • Risk Assesment & Management
  • Accrual Accounting
  • eSAP
  • Hyperion applications
  • Power BI
  • Microsoft Office Platform
  • GM Ace Matrix proficiency
  • GM Senior Leadership Designation of Authority gatekeeper
  • Design-Thinking Program
  • Relationship building

Professional Affiliations

  • GM Women in Finance Member
  • GMAAN Member
  • INFORUM Member
  • GM Workplace of Choice Committee Member

Affiliations

  • Finance Career Day Presenter
  • GM Design-Thinking Program
  • GM Communications launch event support
  • TeamGM Cares Volunteer
  • Western Wayne Women's Correctional Facility (Project Community: facilitated writing workshops)
  • Wayne County Family Center (tutor for juvenile residents)

Timeline

Capital Cash Execution Analyst - Product Programs

General Motors
09.2023 - Current

Capital Cash Execution Analyst - Non-Product

General Motors
03.2021 - 09.2023

Global Public Policy Financial Analyst

General Motors
04.2017 - 03.2021

Communications Financial Analyst

General Motors
10.2010 - 04.2017

Powertrain Financial Analyst

Chrysler Group, LLC
03.2009 - 03.2010

Product Development Financial Analyst

Ford Motor Company
09.2007 - 12.2008

Bachelor of Arts - Business Administration -

University of Michigan - Ann Arbor

Southfield High School

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Erin Solomon