Debra Sarratt
Chief Financial Officer at Aspire MRO- Claim this Profile
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Bio
Experience
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Aspire MRO
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United States
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Airlines and Aviation
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1 - 100 Employee
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Chief Financial Officer
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Jun 2022 - Present
Fort Worth, Texas, United States
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StandardAero
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United States
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Aviation and Aerospace Component Manufacturing
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700 & Above Employee
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Vice President Finance
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Jul 2017 - May 2022
Cincinnati, Ohio Financial leader for the $700M Components, Helicopter and Accessories business, consisting of 16 domestic and international MRO and manufacturing facilities. Primary responsibilities include directing the organization’s financial planning and analysis, program finance, strategic planning, compliance and new business opportunity evaluation. Partner with Sector President and business unit GMs on short and long-term financial goals and work with business development team to formulate strategy and… Show more Financial leader for the $700M Components, Helicopter and Accessories business, consisting of 16 domestic and international MRO and manufacturing facilities. Primary responsibilities include directing the organization’s financial planning and analysis, program finance, strategic planning, compliance and new business opportunity evaluation. Partner with Sector President and business unit GMs on short and long-term financial goals and work with business development team to formulate strategy and underlying financial plan. Lead policy development and implementation, transaction processing, internal controls, reporting and analysis, credit risk management, audit support, tax compliance and bid development. Key leader in M&A activities. Show less
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Rockwell Collins
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United States
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Aviation and Aerospace Component Manufacturing
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700 & Above Employee
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Finance Director
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Apr 2016 - Jun 2017
Financial leader for the $1B Seating New Equipment business (formerly B/E Aerospace), consisting of 3 domestic and international manufacturing facilities, along with Engineering shared services. Primary responsibilities include leading the accounting and finance activities associated with B/E's manufacturing and engineering operations across multiple sites, international and domestic. Partner with VPGM and leadership team in establishing and implementing strategies, goals, and objectives and… Show more Financial leader for the $1B Seating New Equipment business (formerly B/E Aerospace), consisting of 3 domestic and international manufacturing facilities, along with Engineering shared services. Primary responsibilities include leading the accounting and finance activities associated with B/E's manufacturing and engineering operations across multiple sites, international and domestic. Partner with VPGM and leadership team in establishing and implementing strategies, goals, and objectives and serve as a resource/consultant in all financial and business matters. Oversee and direct all aspects of accounting and ensure that finance activities are in accordance with established tax, legal, regulatory, and company procedures. Manage and develop a lean and high performing team of finance professionals, totaling 46 people. Key member of the business leadership team. Show less
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Financial Executive
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Feb 2015 - Apr 2016
Financial responsibility for global manufacturing business in a Fortune 100 environment. Extensive expertise in general management, FP&A, risk assessment, business case analytics, internal controls, working capital, cost controls, top line growth, and people development. Proven track record of top line growth, accompanied by operating margin expansion through organic growth strategies, pricing, and cost initiatives.
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Honeywell
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United States
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Finance Director / CFO, Field Products
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Mar 2011 - Feb 2015
Phoenix, Arizona Area Financial leader for the $260M Field Products line of business, consisting of global operations across 60+ affiliates worldwide. Primary responsibilities include: delivering global financial performance to all P&L and working capital targets. Partner closely with Vice President / General Manager to drive commercial growth, rapid expansion of indirect channel marketing strategy, and end-to-end profitability of products in the Field Products portfolio. Drive working capital initiatives… Show more Financial leader for the $260M Field Products line of business, consisting of global operations across 60+ affiliates worldwide. Primary responsibilities include: delivering global financial performance to all P&L and working capital targets. Partner closely with Vice President / General Manager to drive commercial growth, rapid expansion of indirect channel marketing strategy, and end-to-end profitability of products in the Field Products portfolio. Drive working capital initiatives, including inventory optimization and receivables management. Develop and maintain budgets, driving accountability and ownership. Lead all financial planning and reporting processes, including monthly/quarterly closings, forecasts, annual operating plan, strategic business plan, and business reviews. Ensure accuracy and integrity of financial results. Key member of the business leadership team.
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Director, Global Working Capital
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May 2010 - Mar 2011
Phoenix, Arizona Area Business leader responsible for leading and coordinating working capital initiatives across the strategic business unit to drive continuous financial improvements by bringing together functional / business groups to develop new processes and activities.
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Director, Finance, Avionics Strategic Business Unit
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Mar 2009 - May 2010
Prescott, Arizona Financial leader for the $140M Avionics business unit, consisting of 5 sub units. Primary responsibilities included: delivering financial performance by working with each business and strategic unit management. Work closely with VP/GM of the strategic business unit to develop business performance reviews and provide robust supporting financial documentation. Ensure appropriate accounting controls are in place at each business unit by regular inspection and review. Build a superior staff… Show more Financial leader for the $140M Avionics business unit, consisting of 5 sub units. Primary responsibilities included: delivering financial performance by working with each business and strategic unit management. Work closely with VP/GM of the strategic business unit to develop business performance reviews and provide robust supporting financial documentation. Ensure appropriate accounting controls are in place at each business unit by regular inspection and review. Build a superior staff through appropriate resourcing, training and development. Show less
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Honeywell
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United States
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Director, Financial Planning & Analysis, Defense and Space
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Jun 2006 - Mar 2009
Phoenix, Arizona Area FP&A leader for a $5.5B business with operations in 40+ global locations. Staff consisted of five direct reports with a total global staff of twenty-eight. Provided direct support to Defense and Space President, reporting to VP/CFO for the business. Primary responsibilities of leading the global FP&A and Program Analysis function included driving the development of the annual operating plan (AOP), strategic plan (STRAP), monthly operating review (MOR), formal financial forecasts, and short… Show more FP&A leader for a $5.5B business with operations in 40+ global locations. Staff consisted of five direct reports with a total global staff of twenty-eight. Provided direct support to Defense and Space President, reporting to VP/CFO for the business. Primary responsibilities of leading the global FP&A and Program Analysis function included driving the development of the annual operating plan (AOP), strategic plan (STRAP), monthly operating review (MOR), formal financial forecasts, and short range outlooks (SRO), providing global program analysis business partnership support to D&S business leaders, building a superior staff, and developing strong financial processes and metrics for the business.
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Sr. Finance Manager, OEM Customer Business Team
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Jan 2005 - Jun 2006
Phoenix, Arizona Area Financial leader for a $400M OEM manufacturing business with operations in 13 global locations. Matrixed reporting to VP/CFO for Business & General Aviation and VP of the customer business team. Primary responsibilities included driving financial performance, establishing controls, G/L oversight in a functionalized environment, and leading all aspects of financial planning and reporting. Provided financial analysis and business guidance for pricing and contract negotiations.
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Finance Manager, Aftermarket Program
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Dec 2003 - Jan 2005
Phoenix, Arizona Area Financial leader for a $400M aftermarket services program. Primary responsibilities included program financial management, receivables, and financial planning and reporting. Financial lead for propulsion engine joint venture. Established method for reconciling joint venture financials, taking 1.5 years out of cycle time, negotiating favorable settlement terms resulting in incoming cash payment of $5M to replenish program reserves.
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Finance Manager, Operations
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Feb 2002 - Dec 2003
Phoenix, Arizona Area Financial leader for a $350M repair and overhaul facility. Responsibilities included leading and developing a team of finance professionals, driving financial performance, and financial planning and reporting.
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Accounting and Analyst Positions
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Apr 1997 - Feb 2002
Phoenix, Arizona Area Accounting and analysis roles in Engineering, Operations, and FP&A
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Education
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University of Arizona
BSBA, Accounting -
Arizona State University
MBA, Business Administration and Management, General