Jim Jennings, MBA, CPA (inactive), CMA
Vice President Finance at Bracco Medical Technologies- Claim this Profile
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Experience
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Bracco Medical Technologies
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United States
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Medical Equipment Manufacturing
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1 - 100 Employee
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Vice President Finance
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Sep 2023 - Present
Eden Prairie, Minnesota, United States Responsible to oversee all financial matters and act as strategic Finance Business Partner with the CEO. VP Finance is a member of the Executive Committee and is responsible to oversees finance team globally. Oversee the activities of budgeting and forecasting, financial analysis and planning, cost control for Bracco Medical Technologies globally.
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CPC - Colder Products Company
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United States
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Plastics Manufacturing
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200 - 300 Employee
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Controller
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Nov 2020 - Sep 2023
Eagan, Minnesota, United States Division controller for manufacturing business unit within Dover Corporation. Responsible for financial management of CPC. Implemented enhanced product costing methodologies, One Stream EPM software for management reporting and consolidation, Oracle ERP enhancements. Managed communications with and between the Dover segment office to include timely submission of month end financials and management reporting. Manage the Dover Business Services shared services team and operating units to drive… Show more Division controller for manufacturing business unit within Dover Corporation. Responsible for financial management of CPC. Implemented enhanced product costing methodologies, One Stream EPM software for management reporting and consolidation, Oracle ERP enhancements. Managed communications with and between the Dover segment office to include timely submission of month end financials and management reporting. Manage the Dover Business Services shared services team and operating units to drive working capital improvement. Show less
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Taylor Corporation
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United States
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Printing Services
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700 & Above Employee
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Director of Finance
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Jan 2018 - Feb 2020
Inver Grove Heights Responsible for reporting, planning, forecasting and accounting for a division with 4 operations including international locations. Partner closely with business unit President and senior leadership team to prioritize and execute on annual business initiatives. Plan operation reviews that are balanced, data driven and focused on continuous business improvement. Establish and build strategic pricing methodologies and cost studies. Special projects and networking across other divisions within the… Show more Responsible for reporting, planning, forecasting and accounting for a division with 4 operations including international locations. Partner closely with business unit President and senior leadership team to prioritize and execute on annual business initiatives. Plan operation reviews that are balanced, data driven and focused on continuous business improvement. Establish and build strategic pricing methodologies and cost studies. Special projects and networking across other divisions within the corporation. Show less
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Corporate Controller
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Oct 2013 - Jan 2018
Plymouth, Minnesota Responsible for the Controller function including profit planning, sales forecasts, expense budgets, cash reporting, banking relationships, compliance reporting, accounts receivable, inventory, cost standards, monthly and quarterly reports for the Board of Directors, management discussion and analysis, quarterly forecasts of the organization’s business activity and financial position.
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ThomsonReuters
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Information Services
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Finance Director - Global Controller's Program Management Office
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Jul 2010 - Jul 2013
Eagan, MN Directed key accounting strategic programs for Global Accounting organization with over 1,000 staff. Identified project opportunities and validating business cases. Project lead on large projects including change management and communications. Led executive level forums and annual objectives setting. Established governance mechanisms and coordinated with technical teams on designs. Overall lead for month and year-end accounting close schedules and processes. Projects include policy and… Show more Directed key accounting strategic programs for Global Accounting organization with over 1,000 staff. Identified project opportunities and validating business cases. Project lead on large projects including change management and communications. Led executive level forums and annual objectives setting. Established governance mechanisms and coordinated with technical teams on designs. Overall lead for month and year-end accounting close schedules and processes. Projects include policy and procedure development, account reconciliation tracking, IFRS adoption, centralization of key accounting functions and process based organizations. Global lead on operations metrics definition and performance reporting.
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Finance Director - Global Process Office
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May 2008 - Jul 2010
Eagan, MN Defined and implemented efficient global finance and business processes. Implemented standardized global SAP general ledger processes and systems solutions. Managed staff of 8 including 4 managers.
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UnitedHealth Group
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United States
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Hospitals and Health Care
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1 - 100 Employee
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Finance Director - Actuarial Operations
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Oct 2007 - Apr 2008
Minnetonka, Minnesota Defined reporting needs, driving systems solutions and enhanced data integrity improving the overall process for the annual Part D bid process. Forecasting of claims expenses.
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Medtronic
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United States
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Medical Equipment Manufacturing
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700 & Above Employee
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Finance Director Systems
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Jul 2005 - Sep 2007
Fridley Minnesota Operational lead for a new initiative driving division wide finance systems architecture and process improvements. Key initiatives included: • Re-architected SAP for improved consistency between locations and reduced complexity • Implemented multi-site COGNOS planning system that incorporated resource management functionality, instrumental in driving an improved prioritization of the R&D portfolio. • Documented key requirements and engaged IT partners to implement a field sales… Show more Operational lead for a new initiative driving division wide finance systems architecture and process improvements. Key initiatives included: • Re-architected SAP for improved consistency between locations and reduced complexity • Implemented multi-site COGNOS planning system that incorporated resource management functionality, instrumental in driving an improved prioritization of the R&D portfolio. • Documented key requirements and engaged IT partners to implement a field sales contribution margin P&L to plan and track performance for a $3 billion revenue stream. • Led key initiatives by driving prioritization through a division steering committee. • Developed and implemented systems strategy and roadmap driving tool consolidation.
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Senior Finance Manager
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Jun 2004 - Jun 2005
Fridley Minnesota • Identified strategic sourcing opportunities including make vs. buy cash flow, global material standard setting (7% savings on $400 million annual spend). • ERP systems lead across multiple operations on work methods, systems and related accounting processes, oversight to JD Edwards ERP rollout. • Business Partnering finance liaison to Lean Sigma projects with verified benefits that exceeded $2 million. Lead role on consolidation of global procurement.
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Senior Finance Manager (2001-2004), Finance Manager (2000-2001)
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Jun 2000 - May 2004
Brooklyn Center, Minnesota Plant controller responsible for all financial reporting and planning for design and manufacturing division with 900 employees and $120 million cost base. Significant accomplishments and activities include: • Systems enhancements: key participant on cross-functional team to define model company for new ERP package (SAP), successful implementation of site JD Edwards ERP package, implemented Cognos planning and forecasting tool, site member of IT steering committee. • Business… Show more Plant controller responsible for all financial reporting and planning for design and manufacturing division with 900 employees and $120 million cost base. Significant accomplishments and activities include: • Systems enhancements: key participant on cross-functional team to define model company for new ERP package (SAP), successful implementation of site JD Edwards ERP package, implemented Cognos planning and forecasting tool, site member of IT steering committee. • Business Partnering: finance lead on outsourcing analysis, lean manufacturing and Six Sigma initiatives driving cost savings and ensuring business continuity. Lead on justification of two significant facility expansions, steering committee member for Six Sigma initiative with several projects completed driving savings. Team lead on writing section 7 of Malcolm Baldridge application (Medtronic received award from Sate of Minnesota). Site champion for Sarbanes Oxley (SOX) rollout. • Global Initiatives: Key participant in development of global strategic and annual plans.
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Mentor Medical Systems
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Medical Equipment Manufacturing
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1 - 100 Employee
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Plant Controller
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1996 - Jun 2000
Minneapolis, Minnesota Key member of management team for a $90 million division. Significant accomplishments include the implementation of ERP application (ROI), operations performance measures, cost reduction tracking program, new product lines / acquisitions, cycle time reduction and continuous improvement initiatives as well as project accounting tracking and cycle counting.
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Education
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University of Minnesota
MBA, Finance -
The University of South Dakota
Bachelor's degree, Business Administration and Management, General