Sarah Mikut
Medina
Summary
Accomplished Finance Professional with 14 years expertise in overseeing accounting functions for multinational companies. Proficient in directing end-to-end accounting cycles, financial reporting, and policy and procedure development. Looking to apply background and proven leadership to secure role with new opportunities.
Results-driven finance professional with strong track record in strategic financial management and analysis. Skilled in budgeting, forecasting, and financial planning, with focus on optimizing profitability and ensuring regulatory compliance. Known for fostering team collaboration, adapting to changing priorities, and consistently delivering impactful outcomes. Recognized for reliability, leadership, and deep understanding of financial systems and processes.
Overview
16
16
years of professional experience
Work History
Senior Finance Manager – Warehousing, Logistics, and Distribution
GE Lighting
11.2021 - Current
- Efficiently lead financial planning and analysis for logistics, distribution, and warehouse operations, focusing on optimizing cost efficiency and operational performance. Managed financial aspects of site shutdown processes, ensuring minimal disruption and maintaining compliance with financial regulations. Decreased team headcount from 3 to 1 through system automation and prioritization of activities. Collaborated with cross-functional teams to develop and implement financial strategies that align with business objectives and drive profitability. Conducted regular financial performance reviews, identifying key areas for improvement and recommending actionable solutions to senior management.
VP of Finance
National Biological Corporation
08.2020 - 11.2021
- Effectively implemented an ERP system into a business which managed all accounting transactions and monthly financial statements with a physical general ledger. Managed the preparation of financial reports, cost reports, balance sheets, budgets, financial forecasts, and monthly and quarterly bank covenant compliance reporting. Created a monthly closing package including calculations for margin impact of price, volume, material price, new product, and discontinued products. Updated standard costing system for first time in 10 years to allow for accurate product costing and margin analysis. Led the annual physical inventory. Automated time tracking and payroll by converting to ADP Workforce Now. Successfully decreased CCC by 30 days and decreased the accounting headcount by half from 4 to 2 through system automation and re-prioritization of required deliverables.
Global Base Cost Leader
GE Current a Daintree Company
04.2019 - 08.2020
- Successfully moved the accounting center of excellence from Hungary to Cleveland, OH. Was able to decrease the size of the team from 16 to 4 through elimination of duplicate work, leveraging automation, aligning priorities, and redefining required deliverables. Built new closing package for senior leadership to reflect the new business. Managed the integration and go live of three multinational payroll systems from GE Corporate Payroll to private providers. Integral in the separation from GE to new SAP platform and finance reporting tools.
Senior Finance Manager – Global Technology and Product Management
GE Current a Daintree Company
09.2018 - 03.2019
- Lead the technology and product management teams through the for-sale stage and acquisition of the GE Current business. Executed on this by assisting in the splitting of the financial statements, provided analysis of product costs, product R&D spend, and historic cost and benefit trends.
Senior Finance Manager – Global Controllership
GE Lighting
01.2018 - 09.2018
- In four months, closed out a Schedule II Segregation of Duties internal audit of over 12K individual violations which had been overdue for over a year. Developed a global balance sheet closing package to be leveraged by the global controllership team and specifically the global controller. Took over and expedited the SOX testing requirements to meet challenging deadlines due to controllership team turnover.
Senior Finance Manager – Global IT and Simplification
GE Lighting
01.2016 - 12.2017
- Managed the Global IT annual I&E budget of $80 million. Supported the Global CIO and direct staff with ad hoc, monthly, and quarterly reporting. Successfully operationalized a budget decrease of 30% YOY through eliminations of inefficiencies, cost cutting, and external resource management. Through simplification and partnering with E&Y consultants assisted in shortening the close calendar by two days and decreased the need for manual journal entries by 20% through streamlining of processes and enacting an MJE threshold of $5K.
Lead Commercial Analyst
GE Lighting
08.2014 - 12.2015
- Developed the contribution margin metric calculation report following the North America cut over to SAP from multiple ERPs. Supported the executive sales team with ad hoc, monthly, and quarterly reporting. Provided analysis and correction of two years of improper commissions calculations and payments to sales agents and recuperated over $6 million in over payments.
Lead FPA Financial Analyst
GE Lighting
10.2012 - 07.2014
- Instrumental in redesigning and validating ERP system accounting for revenue and cost to facilitate accurate reporting by legal entity as well as by product line. Vital finance lead in two acquisitions and two business integrations both domestic and international. Provided joint venture EVA evaluations to ensure proper valuation. Managed financial ERP systems through monthly and quarterly close cycles. Lead projects to leverage and enhance ERP system to operationalize business requirements. Collaborated with business and finance owners to develop and measure financial metrics, including quarterly estimates, annual plan, and monthly reporting requirements. Facilitated financial control metrics and processes aligned with controllership. Analyzed current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures. QAD and Oracle super user.
FPA Financial Analyst
GE Lighting
10.2011 - 09.2012
Staff Accountant
PreEmptive Solutions
02.2010 - 12.2011
Staff Accountant
S&V Industries, Inc
01.2011 - 09.2011
Education
RISE Leadership Program -
GE Management Development Campus
Crotonville, NY01.2015
Bachelor of Science - Accountancy
University of Akron
Akron, OH01.2009
Skills
- Public and private accounting
- Internal control development
- Human Resources
- Budget forecasting expertise
- Month-end and year-end closing procedures
- Contract Negotiations
- Financial analysis
- Strong organizational skills
- Restructuring
- Financial forecasting
- Complex problem-solving
- Proactive Issue Resolution
- Financial reporting
- Process improvement
- Inventory Control
- Profit and loss management
- Treasury Management
- Vendor Management
- Cash flow management
- Revenue growth
- Cost control
- Internal controls
- Continuous improvement
Activities and Honors
Special Events Coordinator, University of Akron Alpha Delta Pi Alumni Association
Timeline
Senior Finance Manager – Warehousing, Logistics, and Distribution
GE Lighting
11.2021 - Current
VP of Finance
National Biological Corporation
08.2020 - 11.2021
Global Base Cost Leader
GE Current a Daintree Company
04.2019 - 08.2020
Senior Finance Manager – Global Technology and Product Management
GE Current a Daintree Company
09.2018 - 03.2019
Senior Finance Manager – Global Controllership
GE Lighting
01.2018 - 09.2018
Senior Finance Manager – Global IT and Simplification
GE Lighting
01.2016 - 12.2017
Lead Commercial Analyst
GE Lighting
08.2014 - 12.2015
Lead FPA Financial Analyst
GE Lighting
10.2012 - 07.2014
FPA Financial Analyst
GE Lighting
10.2011 - 09.2012
Staff Accountant
S&V Industries, Inc
01.2011 - 09.2011
Staff Accountant
PreEmptive Solutions
02.2010 - 12.2011
Bachelor of Science - Accountancy
University of Akron
RISE Leadership Program -
GE Management Development Campus
System Experience
Extensive experience in SAP, Oracle, QAD, QuickBooks, BI, Hyperion, ADP, and Salesforce.com.