Michael Wilt
York,PA
Summary
Seasoned Finance Director with comprehensive experience in strategic planning, financial management and operations. Proven skills in budgeting, forecasting, and financial reporting. Recognized for ability to drive operational efficiency and deliver robust fiscal strategies that enhance profitability. Focused on creating value through rigorous analysis, insightful interpretation of data, and innovative solutions.
Overview
31
31
years of professional experience
Work History
Finance Director, AMPV Programs
BAE Systems
York, Pennsylvania
01.2021 - Current
- Provide regular communication and present financial data to senior BAE leaders in an accurate, concise, and understandable manner
- Trusted business partner and advisor to Program Director and Program team; Provide financial oversight, direction and strategic guidance to the program leadership team
- Manage financial activity across project life cycle, including Bid & Proposal, Negotiations, Program baselining, Program execution, contract modifications, contract deliverables, & closeout
- Responsible for short term (Annual Operating Plan) and long term (5 year Integrated Business Plan) Financial planning
- Lead, mentor, and develop team of managers and analysts, driving program metrics and key performance indicators to achieve strategic plans and objectives
- Drive program execution and management of financial salients to minimize risk and maximize return on profit
- Responsible for ensuring the program team complies with the complex requirements, internal and external deliverables, and Government surveillance activities related to the Earned Value Business System as the primary customer interface for CMS Program Controls
- Led financial risk management efforts, identifying potential threats and devising effective mitigation strategies.
- Facilitated cross-departmental collaboration to align financial management with operational and strategic objectives.
Finance Manager, Artillery Programs
BAE Systems
York, Pennsylvania
01.2011 - 01.2021
- Responsible for reporting financial performance across the Artillery Programs portfolio, valued at ~$2B
- Manage approximately 15 employees that span across two teams (Program Finance and Planning & Control)
- Trusted business partner and advisor to Program Director and Program team; Provide financial oversight, direction and strategic guidance to the program leadership team
- Manage financial activity across project life cycle, including Bid & Proposal, Negotiations, Program baselining, Program execution, contract modifications, contract deliverables, & closeout
- Responsible for developing Annual Operating Plan and 5 year Integrated Business Plan
- Lead, mentor, and develop employees to achieve strategic plans and objectives
- Drive program execution and management of financial salients to minimize risk and maximize return on profit
- Focus on optimizing Operational Excellence; reducing support to touch labor and manufacturing labor
- P&C/EV CDRLS (PCRS and CSDR) delivered timely and compliantly
- Managed other vehicle platforms including Bradley, M88, and MPF programs prior to this role
Operations Finance Manager
BAE Systems
York, Pennsylvania
01.2002 - 01.2011
- Manage Operations Finance organization including Material Accounting, Production Auditing, & Manufacturing Timekeeping functions (approximately 12 employees)
- Responsible for ensuring Material Accounting processes, procedures & reports are compliant with Generally Accepted Accounting Practices (GAAP), Federal Acquisitions Regulations (FAR), Cost Accounting Standards (CAS), and Disclosure Statement
- Responsible for Supply Chain performance reporting, metrics, budgets, and ad-hoc report requests
- Generate and present quarterly material Estimate At Completion (EAC) reports to BAE management and Product Line leaders to assess profitability by program, assess risk and opportunity by project, track excess material, review & validate quantity and price changes
- Support major business activities, such as Forward Pricing Rate Proposals, Operating Budget preparation and analysis, excess inventory reserve analysis, and company owned inventory account analysis
- Responsible for establishing Quarterly CSR Overhead Rates for Material Acquisition and Handling
- Establish Material baseline reporting for major production programs
- Responsible for demonstrating inventory control by performing cycle counts and reporting accuracy results
Senior Financial Analyst, FP&A - Rates and Budgets
BAE Systems
York, Pennsylvania
01.1999 - 01.2001
- Hyperion system administrator, focal point for preparing & distributing Operating Budget reporting for Ground Systems
- Prepared segments of annual operating budget and associated budget reporting for multiple business areas
- Prepared various Division, Site, Pool & Department reports including EBR reporting, Balanced Scorecard, IS Service Rates, Headcount, Schedule 5, Direct/Indirect reports
Senior Financial Analyst, Contract Analysis
United Defense
York, Pennsylvania
01.1995 - 01.1999
- Lead Analyst on HERCULES M88A2 Recovery programs (~$285M in sales)
- Responsible for Contract Status Reporting (CSR) on Bradley Fighting Vehicle Systems and HERCULES M88A2 Recovery programs to assess financial performance by project
- Responsible for all budgeting, scheduling and financial reporting, including working capital analysis, cashflow, and warranty reserve analysis and reporting
- Worked closely with customer to develop Performance Based Payment and Progress Payment plans to maximize cashflow across Bradley and HERCULES Projects
- Conducted CP STS project rebaseline to maximize use of customer funding and improve cash flow
- Interfaced directly with external customers, upper management & functional areas within United Defense to ensure cost containment, validate work schedules, & worked closely with team leaders to ensure Risks & Opportunities were completed to improve financial performance
Coordinator
Roadway Package Systems
Harrisburg, Pennsylvania
01.1994 - 12.1994
- Responsible for supervising & training over 25 employees
- Coordinator of primary sort and induction areas of package distribution at Harrisburg facility (largest facility in the Eastern US)
Education
Masters of Business Administration (MBA) -
York College of Pennsylvania
York, PA12-1997
Bachelor of Science - Finance And Economics
Fordham University
Bronx, NY05-1994
Skills
- Financial planning
- Team leadership
- Data presentation
- Financial reporting
- Employee development
- Cash flow management
- KPI tracking
- Risk assessment & mitigation
- Internal controls management
- Strategic financial planning
- Contract negotiation
- Cross-functional team leadership
Timeline
Finance Director, AMPV Programs
BAE Systems
01.2021 - Current
Finance Manager, Artillery Programs
BAE Systems
01.2011 - 01.2021
Operations Finance Manager
BAE Systems
01.2002 - 01.2011
Senior Financial Analyst, FP&A - Rates and Budgets
BAE Systems
01.1999 - 01.2001
Senior Financial Analyst, Contract Analysis
United Defense
01.1995 - 01.1999
Coordinator
Roadway Package Systems
01.1994 - 12.1994
Masters of Business Administration (MBA) -
York College of Pennsylvania
Bachelor of Science - Finance And Economics
Fordham University
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