Daniel Hill, CMA, CFM

Daniel Hill, CMA, CFM

Vice President

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location of Daniel Hill, CMA, CFMReading, Pennsylvania, United States

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  • Timeline

  • About me

    I help banks and credit unions identify and resolve their most unprofitable customers ǀ managerial costing consultant

  • Education

    • Georgia Institute of Technology

      -
      Bachelor of Science in Economics Economics
    • George Mason University

      1990 - 1996
      Masters in Business Administration (MBA) Business/Managerial Economics
  • Experience

    • Bank of America

      May 1979 - Jul 2005
      Vice President

      Core team member that designed, built, and implemented the CLPR customer profitability system at Bank of America.

    • CoreProfit Solutions, Inc.

      Aug 2005 - Sept 2012
      Senior Vice President

      • Successfully implemented thirteen advanced managerial costing and profitability systems, thereby contributing to contracts totaling $3.5+ million.• Adeptly managed customer relationships, which resulted in an additional $1.0 million in contracts.

    • Alta Via Consulting, LLC

      Oct 2012 - Dec 2022
      Principal Consultant

      • Assisted implementation of advanced managerial costing system for a transaction processing firm, where we discovered less than 10% of the customer base accounted for 80% of all losses. • Other projects responsible for all model deliverables based on advanced managerial costing principles, ensuring model completeness and usefulness, and brought focus to the most insightful results.

    • Ledger Mania

      Jan 2013 - now
      Co-Founder

      Ledger Mania is the online and board game that makes accounting fun! The online game is interactive, competitive, and auto-graded to help you manage your online class. The board game is fun, competitive, and a collaborative interactive classroom activity.More information at: https://www.ledgermania.com/

    • CBEYONData

      Jan 2023 - May 2023
      Principal Consultant

      Completed acquisition of Alta Via Consulting, LLC on January 1, 2023, with a focus on federal government contracting and not the commercial marketplace.

    • Michaelis Costing Systems, LLC

      Jun 2023 - now
      Founder and CEO

      WHAT WE DO• We help banks and credit unions discover the true (not GAAP-based) profitability of their customers, products, and channels• We do this at a reasonable cost with minimum complexity• We get to results fast!• Knowing which customers are unprofitable, and why, provides opportunities to transition these customers to break-even and improve the bottom line by as much as 10% or moreHOW WE DO ITWe use an advanced managerial costing approach that is – • Inexpensive• Robust• Customizable• Gets to results fast (12 weeks!)The bank or credit union’s effort is - • 40 to 120 hours of total effort• Cost center managers and IT personnelSPECIAL SAUCEWe know banks and credit unions are not “one size fits all,” but are unique and require a customized managerial costing approach that makes no assumptions by - • Keeping project costs low• Keeping it simple – 80/20• Getting to results fast• Customized to your institution – not a standard or averageTO KNOW MORELearn more at www.MichaelisCosting.com Show less

  • Licenses & Certifications

    • MyABCM Corporate Complete

      MyABCM Brazil
      Sept 2023
      View certificate certificate
    • Certified Management Accountant (CMA)

      IMA | Institute of Management Accountants
      Nov 1997
    • Certified Financial Manager (CFM)

      IMA | Institute of Management Accountants
      Dec 2007