Matt Kimmick

Matt Kimmick

Chief Financial Officer @ Lucas Oil

About

Results-driven Chief Financial Officer with over 22 years of experience in providing strategic guidance on growth, process improvement, and cost reduction strategies. Extensive experience in developing and executing corporate reorganization strategies to drive significant annual savings. Skilled in securing lucrative grants and incentives, building and developing high-performing accounting teams, spearheading production modernization efforts, and implementing strategic financial plans for long-term success. Continually exceeds expectations by creating valuable partnerships and works well with people at all levels of the organization, including stakeholders, customers, and team members.

Country

United States

City

Indianapolis

Industry

Automotive

Skill

Budgets, Financial Modeling, Financial Statements, Accounting, Tax, Forecasting, Budgeting, Financial Analysis, Auditing, Account Reconciliation, Project Management, Corporate Tax, Tax Research, Fixed Assets, Recruiting, Research, Variance Analysis, Business Process Improvement, Tax Accounting, Tax Preparation

Experience

Lucas Oil

Chief Financial Officer

Lucas Oil

LinkedIn
2020-1 - Present · 6 yrs 9 mos

Indianapolis, Indiana, United States

➤ Member of the Executive Leadership Team providing strategic guidance on growth, process improvement, and cost reduction strategies, as well as providing guidance and mentorship to other members of the leadership team and employees. ➤ Developing and executing a corporate reorganization strategy, resulting in annual savings of approximately $15M by streamlining and consolidating activities under appropriate entities. ➤ Supporting the HQ relocation and consolidation of all corporate and manufacturing functions in Indiana, as well as negotiating with the state to secure over $700k in grant and income tax incentives for modernization and hiring initiatives. ➤ Successfully building and developing a high-performing accounting team from scratch, ensuring mission critical and business continuity objectives were met during the closure of California and transition to Indiana. ➤ Spearheading production modernization efforts with a $10M CAPEX investment, resulting in a 30% increase in production capacity through automation, as well as implementing a strategic CAPEX plan for PPE to ensure optimal utilization of resources. ➤ Revamping cash flow and forecasting activities, implementing strategic cash management and investment strategies for long-term financial stability and higher returns. ➤ Creating a comprehensive 5-year forecast, offering transparency and strategic guidance for future organizational decisions as well as developing standardized weekly and monthly financial reports. ➤ Collaborating with external tax advisors on tax planning opportunities, effectively mitigating tax impacts for the organization. ➤ Serving as Program Administrator for the organizations' 401(k) and 409(a) plans, contributing to smooth plan management and supporting annual benefits reviews and plan design alongside the HR team.

Indiana Economic Development Corporation

Sr. Vice President & Chief Financial Officer

Indiana Economic Development Corporation

LinkedIn
2016-2 - 2019-12 · 3 yrs 11 mos

Indianapolis, IN

➤ Establishing a strong visible leadership position with staff and the community, acting as a consensus builder with impeccable integrity, while providing review and subject matter expertise as it relates to various tax incentive programs. ➤ Developing an annual work plan supporting strategic objectives and establishing measurable results for each strategic area, as well as determining the activities to be used to achieve these outcomes. ➤ Instilling a culture of continuous improvement and customer service within the managed functions, streamlining operations and ensuring customer retention, resulting in receiving a promotion in March 2017 to Sr. Vice President. ➤ Overseeing an annual budget of approximately $72MM, collaborating with stakeholders to ensure organizational priorities are met and funding is deployed strategically, as well as acting as Treasurer of the Indiana Economic Development Foundation. ➤ Establishing, maintaining, and modifying the staffing structure to complete and grow the designated service lines, while working with Human Resources to update and implement employment policies focused on the recruitment/retention of talent. ➤ Staffing the Audit & Finance Committee of the Indiana Economic Development Corporation Board of Directors as well as working with the IEDC's independent auditor on the annual audit and implementing recommendations to align with best practices. ➤ Serving on the Investment Review Committee for the Corporation's venture capital investments through the 21 Fund L.P, while also monetizing a debt instrument to realize $5.8MM in funding to support IEDC initiatives. ➤ Working directly with new or existing businesses, facilitating local andState incentives to grow the local employment and tax base, while working with appropriate community, County, orState officials to develop and broaden community development strategies.

City of Indianapolis

Controller

City of Indianapolis

LinkedIn
2014-1 - 2016-1 · 2 yrs 1 mo

City of Indianapolis Office of Finance & Management – Indianapolis, IN

➤ Joined the company initially as a Deputy Controller and then moved up to Interim Controller in October 2014, while being promoted to Controller in March 2015, maintaining and enforcing a documented system of accounting policies and procedures. ➤ Served as the Chief Financial Officer for the Consolidated City of Indianapolis and Marion County, as well as served as the Chief Financial Officer for the Metropolitan Development Commission, overseeing all aspects of tax increment financing. ➤ Directed the accounting operations of the company and administered an office of 59 employees who were accountable for the financial reporting, preparing budgets, Human Resources, and purchasing functions of the City/County. ➤ Established the spending priorities for the City/County, managing an annual budget of approximately $1.1BB, while preparing budget instructions, reviewing additional appropriation requests, monitoring monthly revenue receipts, and preparing fiscal ordinances. ➤ Worked with City/County agencies, separately elected officials, and separate branches of Government on managing their budgets and understanding changes and needs that arise throughout the year. ➤ Ensured the financial assets of the government were protected and maintained an adequate system of accounting records and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of reported financial results, and ensure compliance with GAAP. ➤ Attended Council meetings, as well as reviewed proposed legislation for fiscal impact to the City/County and worked with the State Legislature on potential changes to current statute and proposed legislation. ➤ Worked with the Indianapolis Bond Bank, financial institutions, and ratings agencies when proposing new debt issuances and debt restructuring. ➤ Served as financial advisor for the proposed $1.7BB criminal justice facility, developing financial models to determine the impact of consolidating operations within a single location.

Dominion Energy

Lead Tax Accountant

Dominion Energy

LinkedIn
2007-7 - 2014-1 · 6 yrs 7 mos

Richmond, VA

➤ Served as the Property Tax Compliance Manager for the Property Tax division, leading all aspects of the compliance process while managing a team of 4 to ensure the accurate filing of 200+ tax returns and the timely payment of 8K+ tax bills. ➤ Oversaw and supported the preparation/review of annual budgets along with budget forecasts exceeding $250MM annually, as well as helped create financial models to determine entity valuation andnegotiated values with state and local government officials. ➤ Received a promotion Tax Accountant to Senior Tax Accountant in July 2009 and then a further promotion to Lead Tax Accountant in April 2013, collaborating with Generation Construction and Business Development to determine tax implications of capital charges and expenses. ➤ Prepared tax revenue and cash flow forecasts for Wise County, VA and Davenport &Company, LLC during the construction and operations phase of the Virginia City Hybrid Energy Center. ➤ Reviewed current processes and recommended and implemented changes to procedures and processes, including streamlining the tax payment process for approximately 5K tax bills by utilizing software capabilities to reduce the processing time by 2 weeks.

EY

Senior Tax Accountant

EY

LinkedIn
2005 - 2007 · 2 yrs

Indianapolis, IN

State of Indiana

Tax Analyst

State of Indiana

LinkedIn
2001 - 2004 · 3 yrs

Indiana State Budget Agency - Indianapolis, IN

Education

Virginia Commonwealth University - School of Business

Virginia Commonwealth University - School of Business

LinkedIn
2009 - 2010 · 1 yr
University of Southern Indiana

University of Southern Indiana

LinkedIn

Economics and Finance

1996 - 2001 · 5 yrs

Matt Kimmick's Contact Information

Email

******@***.com

Phone

(**) *** ****

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