Daniel R. Hoy

Daniel R. Hoy

Business Unit Controller/ Plant Controller/ Division Accountant / Division Headquarters Analyst

Followers of Daniel R. Hoy801 followers
location of Daniel R. HoyChagrin Falls, Ohio, United States

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  • Timeline

  • About me

    Financial Leadership / Controller / Business Team Member

  • Education

    • The University of Akron

      -
      Bachelor of Science - BS Accounting
    • Cleveland State University

      -
      Master of Business Administration - MBA
  • Experience

    • Sherwin-Williams

      Jan 1991 - Jan 1999
      Business Unit Controller/ Plant Controller/ Division Accountant / Division Headquarters Analyst

      • Performed essential accounting services for consolidating plants and opening distribution centers.• Provided division manufacturing reporting and analysis.• Implemented accounting systems and led strategic planning to grow the business.• Improved profit margins and operation efficiencies for the new product business unit.• Supervised accounting teams that ranged from 4 – 10 people.• Forecasting and budgeting for plant costing operating expense and SG&A.• Recipient of the National Sales Meeting Award for new business support and teamwork. Show less

    • Valspar

      Jan 2000 - Jan 2005
      Financial Manager

      • Delivered financial expertise during the acquisition of Plasti-Kote Company in the US, Canada, and United Kingdom.• Provided proforma statements and strategic growth analysis to identify opportunities that support business growth.• Directed an accounting staff of six people.• Forecasting and budgeting presentations for plant costing operating expense and SG&A.• Implemented internal controls that resolved auditing issues.• Succession planning during functional centralization.• Working Capital Management• Recipient of the Corporate Elite Award for reducing receivables and improving site accounting processes. Show less

    • The Timken Company

      Jan 2006 - Jan 2009
      Business Specialist / Business Unit Controller

      • Performed global ad hoc financial analysis for the Automotive Division Headquarters.• Conducted monthly financial reporting for the Chassis Business Unit.• Performed financial operation and distribution analysis for acquisitions as well as product mix analysis.• Improved net income by increasing volume from product mix analysis during Torrington acquisition.• Increased revenue by providing product and plant capacity analysis that was used in developing new business.• Managed division and corporate reporting with a team of 30 located around the world.• Division cost analysis presentations.• Budgeted and forecasted division global measurements. Show less

    • First Interstate Properties

      Jan 2010 - Dec 2023
      Management Company & Presidents Senior Accountant/Analyst

      • Perform financial reporting and accounting for the Company; provide portfolio management for the Owner. Private Equity.• Manage workflow within the accounting department and provide financial functions and support to the Founder & Executive Chairman, Director of Accounting, Office Manager, and senior managers as needed.• Record business transactions and maintain accounting records for 35+ entities.• Generate and provide compilation reports for the creation of annual tax returns for 35+ entities.• Generate, analyze, and present ad hoc financial statements.• Recommend operational and financial improvements to executive management team.• Ensure timeliness and accuracy in financial reporting, forecasting, audit requests, and ledger accounting.• Work closely with accounting firms in conducting audits and also to submit annual financial information for tax.• Created and implemented company-wide reporting process improvements. Established accounting roles and functions to ensure compliance with all policies, procedures, and internal controls.• Created a new forecasting and cash flow process used by the Owner for critical business decisions.• Significantly reduced liabilities and receivables balances.• Brought inhouse, from Alabama, the accounting function to manage Legacy Village. • Rewrote chart of accounts for multiple businesses to be in line with generally accepted accounting principles (GAAP).• Financial leadership skills used for financial planning and updating financial policy for business entities. Show less

    • Brookfield Properties

      Dec 2023 - Jan 2025
      Management Company Senior Financial Accountant / Financial Analyst

      Collaborated with property managers to delivery timely and comprehensive financial statements. Prepared workpapers and reports. Part of the management company multifamily accounting team.• Converted to new YARDI accounting system.

  • Licenses & Certifications

    • CPA, Inactive

      AICPA
    • Certified Public Accountant (CPA)

      Accountancy Board of Ohio - State of Ohio
      May 1990