Neil Mills
VP Finance at The Commonwealth Group, LTD- Claim this Profile
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Bio
Experience
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The Commonwealth Group, Ltd.
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United States
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Wholesale
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1 - 100 Employee
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VP Finance
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Jun 2020 - Present
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VP Finance
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2010 - Apr 2020
Manage a nine-employee accounting department while overseeing financial/administrative processes of QES Wireline Division in accordance with division and corporate policies and procedures. Support and advise executive team to optimize financial performance and achieve financial goals for an operation with 500+ staff and $175M annual revenue.• Direct daily interaction with Wireline Division President and the rest of the Executive Team across all functions on a daily basis to support and manage the business.• Review and approve all journal entries and monthly financial reporting pack prior to submission to executive team.• Direct SOX compliance, including development, implementation, and management of a SOX compliance SAP system. • Generated and drove improvement of a suite of daily, weekly, and monthly financial reports and KPIs, including breakeven analysis to monitor trends and performance against targets. • Led monthly financial reviews with District/Regional Managers and oversaw budgeting, forecasting, and cashflow.• Designed and maintained a comprehensive bid model to ensure revenue and costs were accurately captured; personally, reviewed and approved all bids in excess of $25K.• Directed employee bonus programs, including monitoring progress against goals and establishing all bonus reserves. • Headed the successful conversion of more than 200 employees from salaried plus bonus to hourly plus overtime with minimal attrition by utilizing detailed financial modeling and providing monthly compensation comparisons to all personnel impacted for six months post conversion.
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Regional Financial Controller
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2008 - 2010
Managed all financial and administrative processes of Lloyd's Register’s Energy business in the Americas region. Division employed 250 personnel and generated more than $50M annual revenue. • Supported Americas Energy VP of Ops in defining strategy and managing portfolio of operations (classification, industrial inspection, nuclear inspection, integrity management, software sales) across the region. • Provided support to the Americas Region Finance Director and Global Energy Finance Director by delivering periodic and ad-hoc financial reporting and analysis as required.• Improved the financial performance of the Americas Energy Management Team by creating monthly financial reports and defining KPIs for continuous monitoring of goal achievement. • Created processes and tool for incorporating sales pipeline and securing backlog data into monthly rolling forecast.• Oversaw the acquisition of two companies and subsequent migration/integration into one accounting system.• Served on Project Review Board to review, approve, and monitor all internal and external projects.
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Service Center Manager
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2006 - 2008
Managed a nine-member accounting team while setting up a finance service center in Houston, Texas to support multiple operating divisions across North America.• Drove the successful implementation of the JDE financial system in North America. • Centralized all North American banking, accounts payable, and invoicing activities into Houston service center. • Selected for a prestigious two-year Lloyd’s Register Management Development Program in London, England. Managed a nine-member accounting team while setting up a finance service center in Houston, Texas to support multiple operating divisions across North America.• Drove the successful implementation of the JDE financial system in North America. • Centralized all North American banking, accounts payable, and invoicing activities into Houston service center. • Selected for a prestigious two-year Lloyd’s Register Management Development Program in London, England.
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Financial Controller
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1998 - 2006
Supervised a 12-member accounting team while managing all financial and administrative processes of Lloyd's Register’s Marine business in North America. Division employed 200 personnel and generated $75M in annual revenue. • Developed and delivered a commercial awareness training program to technical staff in the Americas region.• Realigned accounting system and reporting to support new North America regional operating structure. Supervised a 12-member accounting team while managing all financial and administrative processes of Lloyd's Register’s Marine business in North America. Division employed 200 personnel and generated $75M in annual revenue. • Developed and delivered a commercial awareness training program to technical staff in the Americas region.• Realigned accounting system and reporting to support new North America regional operating structure.
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Education
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McGill University
Master of Business Administration (M.B.A.), Finance and International Business -
Concordia University
Bachelor’s Degree, Business/Commerce, General