Sally Cheadle

Chief Financial Officer at Optelos
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  • English -

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Phil Vogel

During my time at Baker Hughes, I worked directly and indirectly with Sally in her various roles with the Finance and Accounting organization. Her career and experience with BHI is vast and speaks for itself! As Controller for Production Quest, I had the opportunity to work with her directly and gained a tremendous amount of respect for her as a business partner to assist me and our managers. She would be a valuable asset to any company!

Michael Muse

I worked with Sally on the same Finance leadership team as Baker Hughes. The team was newly created with a purpose to transform the entire Finance organization. Sally always had great insight to not only the business processes and controls but people as well. Her perspective and proactive nature ensured our team succeeded during a time of substantial change in the organization. She was key in making the Finance team Best in Class.

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Credentials

  • CPA, Texas
    Texas State Board of Public Accountancy
  • Group exercise advanced instructor – certified in group cycling, strength training, step, mind body and core training
    Les Mills International

Experience

    • United States
    • Software Development
    • 1 - 100 Employee
    • Chief Financial Officer
      • Nov 2022 - Present

      Responsible for executing the company's financial strategy and overseeing and transitioning the financial processes of Accounting, Tax, Treasury, Payroll and Planning. Provides financial information to the Board of Directors and investors. Business partner to the executive leadership team. Responsible for executing the company's financial strategy and overseeing and transitioning the financial processes of Accounting, Tax, Treasury, Payroll and Planning. Provides financial information to the Board of Directors and investors. Business partner to the executive leadership team.

    • Pakistan
    • Public Safety
    • 1 - 100 Employee
    • VP - Global Controller
      • Jan 2021 - Sep 2022

      Total Safety is the leading global provider of integrated industrial safety services, strategies and equipment necessary to keep workers, facilities and the environment safe. Responsibilities include global accounting, financial reporting, compliance, internal controls and external audits as well as serving as a key financial advisor to senior leadership. Reports to the Chief Financial Officer. Total Safety is the leading global provider of integrated industrial safety services, strategies and equipment necessary to keep workers, facilities and the environment safe. Responsibilities include global accounting, financial reporting, compliance, internal controls and external audits as well as serving as a key financial advisor to senior leadership. Reports to the Chief Financial Officer.

    • United States
    • Oil and Gas
    • 100 - 200 Employee
    • VP Controller
      • Jun 2017 - Jun 2020

      Recruited to transform and enhance the accounting and finance function. Role included responsibility for all global accounting and tax activities, external and internal financial reporting, internal controls and compliance. Worked closely with executive leadership team and operations management in all facets of finance and accounting matters as well as identification of process improvements and compliance. Partnered with the financial planning and analysis leader and provided support for strategic planning and forecasting. Communicated directly with the Audit Committee Chairman as needed. Managed a team of direct reports based in Houston and Oklahoma. Functioned as a liaison with the internal and external auditors. Reported to the CFO.

    • Norway
    • Oil and Gas
    • 1 - 100 Employee
    • VP- Finance - Governance & Controls, Director Finance - Governance & Controls
      • Sep 2009 - Nov 2016

      Executive member of the finance leadership team for the newly-created Enterprise Finance Organization (EFO) which provides accounting, external and internal reporting and other financial shared services. Role included leading the financial controls and compliance teams globally including responsibility for SOX quarterly assessments, as well as oversight of financial master data governance, financial training, automated expense reporting and global credit card administration. Led 75 staff worldwide in 6 regions representing over 90 countries. Key point of contact in areas of financial controls and compliance, facilitating the drive for a completely compliant culture. Reported initially to EFO VP-Finance and ultimately to VP, Controller and CAO.• Appointed Regulatory & Compliance Integration Team Lead for proposed Halliburton (HAL) merger, working with HAL counterparts developing financial controls, internal audit scope, commercial cards and expense reporting processes driving to attain best combined processes with balanced controls.• Worked extensively with VP & Controller and CAO during FCPA review performed by DOJ-appointed monitor firm ensuring a successful sign-off to various government agencies.• Devised, implemented and maintained an automated System of Authority for all employees worldwide avoiding unauthorized expenditures and commitments.• Led and deployed the consolidation of financial policies of eight separate divisions into one set of global policies increasing accounting accuracy in line with US GAAP principles and internal controls compliance.• Built a Master Data Governance Team from ground up into a high caliber group that manages SAP globally increasing accuracy in the master data records reducing re-work for incomplete data.• Participated as an integral team member in SAP role re-design IT project, bridging cross functional groups, ensuring controls were designed effectively to decrease the risk of unauthorized system access.

    • Controller - Drilling Fluids division
      • May 2009 - Sep 2009

      Selected for new role, directing worldwide production accounting function following the enterprise-wide reorganization from divisional to geographic/product line structure. Managed a team of direct reports globally in 3 regions. Reported to the VP Finance – Product Lines.• Oversaw financial reporting processes and produced key metrics for leadership team allowing for better business decision making through new monthly reports and revised product line trend analysis.• Partnered with the newly appointed Division President to ensure effective change management and focus on product line cost reduction and margin improvement.

    • Controller - Intelligent Production Services division
      • Apr 2008 - May 2009

      Recruited to direct worldwide accounting and reporting for the division, which was a conglomeration of 3 separate acquisitions, focusing on strengthening the financial records and internal controls as well as remediating control deficiencies. Role also included leading the project accounting function for an international integrated operations new venture. Managed direct reports globally in 5 regions. Reported directly to SVP & CFO.• Worked extensively with the new Division President and newly placed executive team to align the acquired companies and personnel with the Baker Hughes vision, procedures and controls and producing key metrics, which resulted in significant improvement in audit results and profitability. • Cleaned up financial records, restoring finance integrity within 9 months, replacing poor performers, upgrading divisional processes, and producing new planning and forecasting trend analyses, which satisfied the Audit Ethics Committee stated expectations.• Seconded for 4 months as the Controls & Compliance Representative on the highly confidential enterprise-wide reorganization team transitioning Baker Hughes from a divisional-based structure to geographic model with corporate centers of excellence, delivering guidance, advice and input ensuring the combination of the new global financial policies, procedures and controls were balanced with efficiency and effectiveness.

    • Director Finance - Statutory Reporting and Compliance - Shared Services
      • Aug 2006 - Apr 2008

      Directed Financial, IT and Export Compliance personnel as well as statutory financial reporting for Baker Hughes worldwide. Managed direct reports globally in 4 regions. Reported to VP - Shared Services. • Stepped into the newly created role of statutory audit oversight, implementing and monitoring the worldwide tracking and status of statutory audits, which decreased outstanding statutory audits and late filings significantly year over year, reducing late penalty fines and ensuring continuation of legal entity operations. • Recruited new IT Compliance Manager and assumed oversight over Export Compliance, reducing the risk of non-compliance for automated systems SOX controls and regulated export governmental controls.

    • Controller - Drill Bit division
      • Sep 2001 - Aug 2006

      Directed worldwide accounting function overseeing financial reporting and effective internal controls, trend analysis, and reporting. Managed teams in 7 regions covering 80 countries, with 100 total employees and 8 direct reports. Reported to the Division CFO. • Successfully implemented newly formed Compliance Department and SOX controls program ensuring compliance with the new SOX 404 rules, effectively reducing the risk of degraded investor stock value through a clean internal controls opinion from the external auditors.• Created and revised financial policies that standardized divisional financial practices globally, increasing compliance with management accounting requirements for inclusion in SEC quarterly reports. • Selected to participate on Process Improvement Task Force sponsored by Chairman and CEO to review and enhance Short-term Planning process, reducing time non-finance leaders and managers spent on planning.• Invited to attend the Business Leadership Program held at Thunderbird International University over 10 days, increasing business acumen through case studies and setting the foundation for career progression.

    • Director Corporate Audit, Manager Corporate Audit
      • Jan 1992 - Sep 2001

      Directed and managed worldwide internal audit function, including overseeing all internal audits, implementing internal audit programs, reporting audit results and key metrics to business leaders and the Audit Ethics Committee of the Board of Directors, recruiting, training and supervising staff, partnering with the external auditors and providing consultative assistance on key internal audits with FCPA and SEC impacts. Reported directly to the Chairman of the Audit/Ethics Committee and the SVP & CFO. • Hired as first Audit Manager at Baker Hughes, contributing to the development of an updated Internal Audit program, growing department from 12 to 21 people and meeting the Audit Ethics Committee newly created internal audit requirements for increased audit scope and management focus. • Participated in fraud audits and investigations as well as due diligence audits for significant acquisitions to help in identification of risk areas. • Provided guidance on development of processes and procedures for effective remediation of reported control deficiencies enabling senior management the ability to attest to a functioning internal control environment.• Traveled and audited in more than 20 countries, attaining knowledge of differences in culture, business practices and international accounting requirements, and representing Corporate office to non-US locations.

    • Italy
    • Oil and Gas
    • 1 - 100 Employee
    • Financial Reporting Technical Research Manager
      • Jun 1990 - Dec 1991

      Researched technical accounting issues relating to current and proposed accounting standards, including implementation of new accounting principles, review of annual plans, presentations to board meetings, and supervision of staff accountants. Reported to Director of Financial Reporting. Researched technical accounting issues relating to current and proposed accounting standards, including implementation of new accounting principles, review of annual plans, presentations to board meetings, and supervision of staff accountants. Reported to Director of Financial Reporting.

    • 1 - 100 Employee
    • Audit Manager, Senior Accountant, Staff Accountant
      • Jun 1982 - Jun 1990

      Managed and performed audit engagements for wide variety of clients, including fee proposals, billings and audit reports, SEC reporting and accounting for acquisitions and dispositions. Managed and performed audit engagements for wide variety of clients, including fee proposals, billings and audit reports, SEC reporting and accounting for acquisitions and dispositions.

Education

  • Texas A&M University
    Bachelor of Business Administration (BBA), Accounting

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