Stephen M. Benkert
Saginaw
Summary
Results-driven Financial Analyst with expertise in business analysis and financial modeling at Nexteer Automotive. Proven track record in developing financial dashboards and guiding strategic decisions. Proficient in QAD ERP systems and cash flow forecasting, complemented by strong analytical skills and a commitment to continuous improvement.
Overview
4
4
years of professional experience
Work History
Financial Analyst II
Nexteer Automotive
11.2022 - Current
- Develop financial business cases & models for new business opportunities, & track actual results after program launch, ranging from $50M to $1B in LTR.
- Ensure Key Metrics/KPIs are met & set financial targets for the organization.
- Provide recommendations to Leadership with Financial Dashboards & PowerPoint Presentations.
- Provide Engineering, Sales, Global Supply, PC&L, Manufacturing, & Program Management with financial data to guide decision making.
- Complete financial analysis required to support Make vs. Buy studies.
- Develop capital/project expense forecast & capital spending appropriation.
- Responsible for business unit fixed asset reporting, useful lives, asset audits, D&A, etc.
- Estimate Manufacturing CPUs for Plant using routed standard hours & burden rates.
- Develop business unit revenue/material forecasts, profitability plan, & provide variance tracking on a daily/weekly/monthly basis.
- Track commodity indices & communicate variances between customer recovery/supply base cost.
Accounting Analyst/Assistant Controller
IAC Group
08.2021 - 10.2022
- Updates daily flash (sales, material, scrap, DL & Indirect) for Daily Accountability Meeting.
- Prepares journal entry for benefits, medical and company 401k plan.
- Monthly reconciliation of balance sheet accounts to support documentation, investigate and resolve reconciling items in a timely manner.
- Support, determine and analyze monthly continuous improvement projects and purchasing savings.
- Complete knowledge of the operation of the facility and consistently offering suggestions for improvement.
- Monitoring the plant spending to ensure that the facility is acting fiscally responsible (Checkbooks, etc.).
- Supports Controller with various business financial tasks.
- Cash Flow Forecasting and Analysis
- Provide supervision of the accounts payable, accounts receivable, payroll.
- Coordinate proper reporting of financial data at the end of each period close, as well as provide management with proper financial reports and analysis of the company's financial performance.
- Journal Entries for anything necessary.
- Balance sheet preparation and reconciliations.
- Month end close procedures.
- Other projects as necessary.
Education
Master of Business Administration - Management
Northwood University
Midland, MI07.2022
Bachelor of Business Administration - Accounting
Northwood University
Midland, MI08.2020
Accounting - Associate -
Delta College
University Center, MI05.2020
Skills
- QAD Enterprise and ERP systems
- Microsoft PowerPoint and Excel
- Data analysis and forecasting
- Business analysis and financial modeling
- Cash flow and profit & loss analysis
- Financial statement preparation
- Accounts receivable and payable
- Balance sheet and journal entries reconciliation
- General ledger accounting and GAAP compliance
- Pivot tables and Tableau proficiency
- Hyperion and Successware21 expertise
- Corporate finance and manufacturing knowledge
References
- Adam Wendling, Solar Slicing Operator, Corning, 1880 North Orr Road, Hemlock, MI, 48626, 989-573-9939, Adamwendling27@gmail.com
- Brian Wendling, Engineering Manager, Nexteer Automotive, 1272 Doris Rd., Auburn Hills, MI, 48326-2617, 989-996-0905, brian.wendling@nexteer.com
- Doug Jaaksi, Controller, The Meridian Company, 1999 E. Saginaw Hwy., East Lansing, MI, 48823, 517-339-6300 x301, doug@themeridianadvantage.net
- Christina Smith, Accountant, The Meridian Company, 1999 E. Saginaw Hwy., East Lansing, MI, 48823, 906-203-6009, csmith@themeridianadvantage.net
- Todd Hayes, Plant Manager, IAC Group, 1965 Williams Road, Alma, MI, 48710, 989-640-7561
Timeline
Financial Analyst II
Nexteer Automotive
11.2022 - Current
Accounting Analyst/Assistant Controller
IAC Group
08.2021 - 10.2022
Master of Business Administration - Management
Northwood University
Bachelor of Business Administration - Accounting
Northwood University
Accounting - Associate -
Delta College
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