Darrell Sykes

Regional Ocean Controller

Schenker Americas, Inc.

Finance leader with 15+ years' experience driving performance through actionable insights and strategic decision-making

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Experience

Regional Ocean Controller

2018 - Present

Schenker Americas, Inc.

  • Analyze financial results and trends, providing management with data-driven insights through comprehensive variance analysis
  • Developed bottom-up budget of over €569 million for the region
  • Managed process to distribute $317 million budget to 26 US branches
  • Developed Excel solution to streamline budget process, reducing time to completion by 2 weeks
  • Designed daily gross profit reporting, resulting in 15% reduction in out-of-period adjustments and 90% reduction in manual adjustments
  • Generate comprehensive quarterly and multi-year forecasts
  • Serve as finance subject matter expert for ocean product and mentor junior finance members

Collections Manager

2010 - 2018

Schenker Americas, Inc.

  • Oversaw $60 million collection portfolio of the company's top customers
  • Supervised and coordinated activities of up to 12 collections employees, reducing delinquency to 15%
  • Participated in Accounts Receivable integration post-acquisition, reducing bad debt by $18 million
  • Drove team capabilities through targeted coaching and development initiatives
  • Acted as escalation point for complex collection issues, investigating root causes to resolve disputes
  • Collaborated cross-functionally with sales and divisional leadership to manage credit risk
  • Designed and implemented standard customer aging statements
  • Served as subject matter expert in offshoring initiative

Core Competencies

Financial Management

  • Budgeting & Forecasting
  • Variance & P&L Analysis
  • Strategic Financial Planning

Leadership

  • Team Leadership
  • Training & Development
  • Cross-functional Collaboration

Technical

  • SAP, Advanced Excel
  • Tableau, PowerPoint
  • US GAAP, IFRS

Education

Master of Science in Accounting

Old Dominion University

2023

Interactive Resume