Summary
Overview
Work History
Education
Skills
Timeline
Hi, I’m

Steven Root

Buffalo,NY
Steven Root

Summary

Forward-thinking, experienced financial professional with a proven track record in finance transformation, acquisition and integration, financial analysis, cost accounting, and strategic (corporate) planning. Adept at leading cross-functional multi-cultural teams and collaborating with senior management. History of cultivating an open culture with free exchange of information. Pursuing new professional challenges with a growth-oriented company.

Overview

16
years of professional experience

Work History

Rich Products Corp.

Sr. Manager, Finance Transformation - Enterprise
01.2022 - Current

Job overview

  • Lead FP&A company-wide digital transformation initiative (finance first), overseeing SAP S/4HANA migration and acting as a key business partner for multiple markets.
  • Integrated 59 company codes across multiple systems in various markets into one simple, standard, global, solution for forecast, planning, and reporting.
  • Manage team supporting Mexico and Latin America BUs, facilitating seamless integration and compliance.
  • Advise internal leadership and external consultants on confidential strategic initiatives.
  • Contribute to shaping future organizational structure and operational methodologies.
  • Continue to be involved in executive-level ad-hoc strategic initiatives and potential acquisitions.

Rich Products Corp.

Sr. Manager – Corporate Planning & Business Devlp.
07.2015 - 01.2022

Job overview

  • Directed CFO’s FP&A support team, providing analysis for acquisitions, competitor analysis, and long-range planning.
  • Led due diligence for acquisitions/divestitures and facilitated successful integration.
  • Collaborated with regional leads on incentive plans and reported results annually.
  • Managed monthly flash forecast process for enterprise, consolidating financial projections for executive review.
  • Redesigned balance sheet & cashflow forecasting process to integrate treasury, business leaders, and CFO’s inputs into one common model.
  • Oversaw corporate support budgeting process, managing over $200M across 80+ cost centers.
  • Led Oracle B.I. administration, enhancing communication between divisional analysts and IS team.

Rich Products Corp.

Plant Controller
01.2013 - 06.2015

Job overview

  • Managed financial and accounting transactions for $57M manufacturing facility.
  • Oversaw month-end/year-end close, capital expenditures, and product cost estimates.
  • Successfully implemented SAP and internal controls post-acquisition.
  • Spearheaded cost-saving initiatives and improved standard costing system.
  • Collaborated with department heads on two-year operating budget and rolling forecast.
  • Analyzed history and trends of production data to develop reliable forecast information.
  • Audited bill of materials to accurately account for product costs.
  • Submitted all financial transactions, transmissions and reporting on timely and accurate basis.
  • Prepared monthly reports of annual operating plans, monthly forecasts and strategic planning initiatives.

Rich Products Corp.

Acting Plant Controller/Sr. Cost Accountant
01.2011 - 01.2013

Job overview

  • Led financial and accounting functions, reducing input costs by $1M+ in 2011 and $600K in 2012.
  • Elevated internal audit score and provided valuable operational insights.
  • Managed budgeting, standard costs, and outlet store operations.
  • Gathered, analyzed and reported financial information.
  • Prepared accounts for industry audits and supported audit process.
  • Monitored cost standard performance to confirm that costs met budget cost parameters.

Rich Products Corp.

Financial Analyst
01.2009 - 01.2011

Job overview

  • Performed complex financial and budget analyses to determine requirements and justify requested funding.
  • Provided accurate financial reports and led inventory team, reducing spoilage expense by $800K+.
  • Analyzed capital investment scenarios and supported sales/marketing with profitability analysis.
  • Assisted in SAP-based reporting tool development and training.
  • Reviewed financial reports and streamlined operations to increase productivity.

Rich Products Corp.

Finance Internship
01.2008 - 01.2009

Job overview

  • Generated reports, collaborated on financial projections, and contributed to spoilage reduction team.
  • Initial contributor/creator of spoilage reporting still used 15+ years later.

Education

Canisius College
Buffalo, NY

MBA from Finance

SUNY At Buffalo
Buffalo, NY

Bachelor of Science from Finance

University Overview

  • summa cum laude graduate

Skills

  • Advanced user in MS Excel, Word, and PowerPoint
  • SAP S/4HANA suite (S4, SAC, CFIN, PaPM, Group Reporting)
  • Oracle EPM (EPMA, Essbase, DRM), SAP ECC, SAP BW, Power BI
  • Firm-Level Financial Assessment
  • Deal Structuring
  • SAP Implementation
  • SAP Understanding
  • Critical Thinking
  • Multitasking Abilities
  • Agile Methodology

Timeline

Sr. Manager, Finance Transformation - Enterprise

Rich Products Corp.
01.2022 - Current

Sr. Manager – Corporate Planning & Business Devlp.

Rich Products Corp.
07.2015 - 01.2022

Plant Controller

Rich Products Corp.
01.2013 - 06.2015

Acting Plant Controller/Sr. Cost Accountant

Rich Products Corp.
01.2011 - 01.2013

Financial Analyst

Rich Products Corp.
01.2009 - 01.2011

Finance Internship

Rich Products Corp.
01.2008 - 01.2009

Canisius College

MBA from Finance

SUNY At Buffalo

Bachelor of Science from Finance
Steven Root