Grace Wasielewski

Senior Vice President Finance & Administration at OPTO International, Inc. Retail Displays
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Contact Information
us****@****om
(386) 825-5501
Location
Prospect Heights, Illinois, United States, US

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5.0

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Joseph G. Costello

Grace was the consummate professional. Her knowledge, people skills, and energy made working with her truly a pleasure.

Al Croke

I had the pleasure of working with Grace over the course of 8+ years from originally being involved in her hiring process to watching her career progress across multiple departments and job responsibilities. Grace has unprecedented mastery of financial analysis skills combined with the ability to put those skills into action with concrete recommendations and management oversight to deliver real measurable results that improve company profit. Grace showed the ability to understand the business from the details of operations to high-level vendor, partner, and client contract negotiations and with that knowledge continually drive cost reductions or revenue improvement opportunities to the forefront and see them through the execution process. I would highly recommend Grace without second thought and would seek out the opportunity to work with her again in the future.

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Experience

    • United States
    • Retail
    • 1 - 100 Employee
    • Senior Vice President Finance & Administration
      • Sep 2008 - Present

    • Director Of Finance And Accounting
      • Sep 2008 - Present

    • Controller
      • Sep 2008 - Present

    • Printing Services
    • 1 - 100 Employee
    • Director of Materials Planning
      • 2000 - 2008

      Monitor / improve inventory controls (inv. turns increased to 3.7 in 2007 vs. 3.1 in 2006), ensure effective purchasing practices, and better utilize materials in the production process.As Manager Operations Planning - • Developed capacity analysis models linked to the client forecast to level load volumes by site and platform, determined capacity constraints, and monitored equipment utilization.• Created performance metrics to measure productivity issued weekly to the executive team.• Generated the annual budget and quarterly forecasts for Digital Operations at 3 sites.• Automated numerous manual tasks for various departments using Excel spreadsheet tools resulting in hours of savings each week.• Coordinated the approval and tracking of all Operations Capital Expenditure Requests and performed all financial analyses, including sensitivity analysis, NPV, and IRR.• Developed all models to support various operational business decisions.

    • United States
    • Manufacturing
    • 700 & Above Employee
    • North American Vinyl Plant Controller
      • 1994 - 1999

      Maintained / improved inventory controls and the manufacturing cost system for a multi-plant vinyl bindery operations. Provided support for all capital expenditure financial analysis. • Analyzed actual results, forecasted and budgeted $100 million in annual production costs including material, labor, and overhead across 3 plants.• Streamlined and shortened the reporting, closing, and forecasting cycle by automating and eliminating waste in the process. The result was a reduction of one headcount.• Oversaw the implementation of Lean Manufacturing as the financial representative and participated in a “Kaizen blitz”

    • Manager, Operations Analysis
      • 1979 - 1991

      • Developed and implemented a process of analyzing and reporting actual costs of production, inventory levels, period costs, and its variance to forecast.• Generated forecasts/ budgets on production costs, inventory, inventory reserves, depreciation and capital expenditures.• Performed financial analysis, such as discounted cash flow analysis, on major purchases.Senior Auditor:• Planned, organized, administered, and conducted operational and financial audits of company functions.• Indirectly supervised four (4) Staff Auditors as an in-charge by delegating assignments within an audit, providing assistance and guidance, and evaluating their performance.• Developed and presented recommendations to executive management including changes to organization structure and purchasing practices to lower expenses. The net result was implementation of 75% of recommended changes.• Assisted the Security Department on numerous fraud investigations.

Education

  • The University of Chicago Booth School of Business
    MBA, Finance
    1987 - 1991
  • Elmhurst University
    BS, Accounting
    1981 - 1985
  • Onahan & Taft
    -

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