David Hampel

Senior Controller | Manufacturing Finance Manager | Treasury | Accounting Manager

Milwaukee, Wisconsin, United States

About

With a rich background in financial leadership, I oversee two divisions generating over $160 million in revenue. I manage two accounting departments equipped with separate ERP systems, ensuring precise financial reporting and compliance. My expertise spans budgeting, quarterly forecasting, cost accounting, and effective inventory management tailored for various sectors. I am proficient in managing multiple general ledgers and have a proven ability to integrate ERP systems seamlessly. As a strategic partner to operations, I focus on driving cost reduction and improving operational efficiency. Additionally, I bring expertise in accrual management, warranty programs, and implementing financial reporting strategies to enhance overall business performance and profitability. Outside of work, I find fulfillment in volunteering within the Croatian community. Through active involvement, I contribute to cultural preservation efforts and engage in initiatives that strengthen community bonds. This dual commitment to financial leadership and community service reflects my dedication to making a meaningful impact both professionally and personally.

Experience

  • Magnetek (21 yrs 6 mos)
    • Senior Controller
      Jun 2022 - Present · 4 yrs 1 mo

      Senior Controller overseeing two divisions with a combined revenue exceeding $130 million. Directs accounting operations across two ERPs, focusing on comprehensive budgeting, accurate forecasting, and meticulous cost management. Responsible for overseeing inventory across multiple locations, managing diverse general ledgers, and leading a team of onsite and remote employees. Specializes in optimizing operational efficiency and implementing robust financial controls to align with strategic objectives and ensure precise financial reporting. With a proven track record in financial leadership, I strive to drive efficiency and transparency in financial operations while supporting the company's growth initiatives.

    • Finance Manager
      Jan 2011 - Jun 2022 · 11 yrs 6 mos

      Finance Manager skilled in overseeing financial operations and strategic initiatives. Led a team including a cost accountant and credit analysts to ensure efficient processes and accurate reporting. Managed annual business plans, forecasting models, and cash operations like forecasting, bank reconciliations, and wires. Provided weekly sales updates and compiled monthly financial reports, including business unit packages and product line P&Ls. Executed month-end closing tasks, updated financial data across ERP and Hyperion systems, and managed SEC filing formatting using XBRL tagging.

    • Senior Cost Analyst
      Jan 2008 - Jan 2011 · 3 yrs 1 mo

      Senior Cost Analyst specializing in cost structure validation, bill of material accuracy maintenance, and monthly financial closing activities. Expertise in inventory reconciliation, final invoicing, revenue recognition, ERP system updates, and sales tax compliance for multiple states. Skilled in accounts receivable processing to facilitate revenue recognition and cash flow management.