Michael Washington
Dallas
Summary
Multi-talented Senior Executive with excellent employee development, relationship building, financial management coupled with more than 20 years of experience. Exceptional at building high performing teams and Strategic Supplier Management. Collaborative leader focused on delivering ideal business outcomes.
Overview
27
27
years of professional experience
Work History
Vice President, Strategic Sourcing
CBRE
06.2021 - Current
- Lead teams responsible for delivering over $120M in cost savings/cost avoidance across global contracts
- Championed talent development by promoting 6 professionals into expanded roles
- Executed over 1,500 contractual documents
Senior Director, Corporate Sourcing
CBRE
04.2020 - 07.2021
- Led team that contributed over $13M in Cost Savings & Cost Avoidance across Global Contracts
- Strengthened relationships with stakeholders and strategic suppliers
- Used expiry reporting as a vehicle to drive roadmap discussions with key stakeholders which led to better collaboration
Director, Strategic Sourcing
CBRE
12.2017 - 04.2020
- Led a team that delivered over $30M in Savings & Cost Avoidance
- Enhanced team's performance by providing mentorship, guidance and opportunities for professional growth
- Focused on building strong relationships with stakeholders and key suppliers
- Negotiated favorable contracts with key suppliers (AT&T, Microsoft, ServiceNow, Adobe and Box)
Vice President, Finance
EFG Companies
01.2015 - 12.2017
- Responsible for budgeting, forecasting, monthly financial close and compliance
- Introduced line of business reporting, unit costing and 18 month rolling forecast
- Responsible for the growth and development of 20+ financial and compliance professionals
- Established vendor and contract management with vendor scoring and expiry reporting.
Sr. Director, Operational Finance
Novation, LLC
01.2013 - 09.2015
- Managed a revenue budget of $1B including forecasting, financial reporting and FP&A for two additional units within Novation
- Responsible for the growth and development of 20+ financial professionals
- Novation finance lead on improving third party vendor selection process for IT.
Vice President, Vendor and Contract Management
CBRE
01.2012 - 10.2013
- Established a new vendor management function for the office of the CIO emphasizing vendor segmentation, classification, scoring and executive summaries
- Responsible for third party vendor relationships for all disciplines within IT – over $100M in capital and operating expenses
- Lead contract negotiations for IT vendors resulting in $5M+ in cost savings.
Vice President and Controller, Information Technology Services
FUJITSU AMERICA
01.2010 - 09.2011
- Managed revenue budget of $300M including services in the Caribbean and Costa Rica resulting in a 20% year over year improvement in profit
- Responsible for a team of 30 finance professionals in Texas, California, Colorado & Jamaica
- Senior Leader to over 1,200 employees within the ITS Business Unit
- Managed pricing area in pursuit of medium to large outsourcing deals with total contract value of $5M to $50M
- Financial Lead in securing long-term agreements with strategic clients in data center services resulting in an additional $30M over 5 years.
Vice President and Controller Financial Data Services
FUJITSU AMERICA
01.2009 - 01.2010
- Managed revenue budget of $58M while exceeding profit margin goal by $4M or 400% in the first year
- Transitioned 300+ contracts from Alliance Data to Fujitsu America with minimal change disruption to either company
- Led a team of 10 finance professionals providing service to all areas of Financial Data Services
- Served as Senior Leader to over 250 employees within Financial Data Services.
Vice President and Controller, Information Technology
ALLIANCE DATA SYSTEMS
01.2002 - 01.2009
- Performed divisional CFO role for Mail Services Division for two years effectively producing superior performance improvements each year
- Instrumental in sale of four business units including division sold to Fujitsu America
- Secured contract with three business units sold by Alliance Data generating +$20M in revenue
- Led a team of 40 finance and operations professionals
- Established a vendor management function within business unit focused on ensuring premier value from vendors resulting in reduction in maintenance fees of $1M to $2M annually
- Established and led effort to benchmark all services provided by business unit offering highest level of service while being a low-cost provider.
Controller, Information Technology
ALLIANCE DATA SYSTEMS
01.1997 - 01.2001
- Managed a budget of $140M
- Created and maintained expense efficiency program recovering over $5M in savings
- Developed an allocation model measuring cost based on consumption of IT services
- Integrated newly acquired business at substantially reduced rates for IT related services: data center, payment processing, statement processing.
Education
Bachelor of Science - Accounting
Grambling State University
Grambling, LouisianaSkills
- Talent development
- Operations Management
- Contract Negotiation
- Financial Management
Accomplishments
- Transitioned 300+ contracts from an in-sourced relationship to an outsourced relationship with minimal financial impact to either company
- Led an effort to achieve Business Plan projection for Financial Data Services – 400% financial improvement Year 1
- Lead negotiator on all IT global software and consulting agreements with major technology firms
- Led cross functional financial improvement programs that successfully recovered $5M+
- Created a usage based allocation model for IT Services to fairly charge Business Units while giving the ability to optimize the value of IT spend
Awards
- 2008 Stevie Award Recipient, Best Information Technology Division
- 2009 President’s Award Recipient – Fujitsu America
- 2009 Commencement Speaker – Green Oaks High School Shreveport, Louisiana
Timeline
Vice President, Strategic Sourcing
CBRE
06.2021 - Current
Senior Director, Corporate Sourcing
CBRE
04.2020 - 07.2021
Director, Strategic Sourcing
CBRE
12.2017 - 04.2020
Vice President, Finance
EFG Companies
01.2015 - 12.2017
Sr. Director, Operational Finance
Novation, LLC
01.2013 - 09.2015
Vice President, Vendor and Contract Management
CBRE
01.2012 - 10.2013
Vice President and Controller, Information Technology Services
FUJITSU AMERICA
01.2010 - 09.2011
Vice President and Controller Financial Data Services
FUJITSU AMERICA
01.2009 - 01.2010
Vice President and Controller, Information Technology
ALLIANCE DATA SYSTEMS
01.2002 - 01.2009
Controller, Information Technology
ALLIANCE DATA SYSTEMS
01.1997 - 01.2001
Bachelor of Science - Accounting
Grambling State University
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