Board of Directors

Michael K. Brooks.jpg

Michael K. Brooks

Board Member


Education
•    St. Lawrence University, Canton, NY
•    Bachelor of Arts | 6/1976
•    Economics
•    General Electric Financial Management Program (graduated 1978)

 

Experience
2/2009 – 12/2013
Sr. Staff - Government Finance and Compliance | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Lead Government Finance and Compliance person responsible for all interfaces with resident DCAA and DCMA personnel. Key responsibilities included interface with DCAA/DCMA personnel on all audits, developing rebuttals and corrective actions to audit findings, managing creation of annual incurred cost claim, providing advice and counsel to business leadership on developing compliant business structures. Successfully negotiated final rates settlements for years 2002- 2006 that recouped $3.0 million from the Government through billings of final rates. Integral member of SAP implementation team and ensured our SAP instance met all CAS/FAR requirements and participated in development of Government cost impact analysis for accounting changes made as part of SAP implementation.


2/2007 – 1/2009
Sr. Staff – Cash Management and Compliance | | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Responsible for developing and implementing cash forecasting techniques for the business and providing accurate monthly and quarterly cash forecasts. Also responsible for interfacing with resident DCAA and DCMA personnel on audit issues. Successfully developed and implemented excel based cash forecast model which systematically accessed cash inflow and outflow data to track actual cash flow on a monthly basis.
 
5/2005 – 1/2007
Manager – Program Finance Simulation Services | | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Responsible for activities of 4 Program Finance Analysts and financial performance for 30 programs with annual budgets up to $80 million. Provided advice and counsel to Program Managers on strategies to enhance program performance, Generated improvements to the accuracy of the program cash forecasting process.


5/2003 – 4/2005
Manager – Cost Estimating Simulation Services | | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Responsible for activities of 3 Cost Estimating Analysts that generated 60 cost proposals annually that totaled ~$750 million annually. Developed proposal strategies and participated in customer negotiations along with the Program Manager and Contracts Administrator. During my tenure as the Estimating Manager none of our proposals was subject to DCAA/DCMA defective pricing allegations. Also led the Finance Leadership

 

Development Program (FLDP) for the Orlando site.
12/2000 – 4/2003
Manager – Cost Estimating ADST II | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Responsible for activities of 5 Cost Estimating Analysts that generated 100 Engineering Change cost proposals annually. Developed proposal strategies and participated in customer negotiations along with the Program

Manager and Contracts Administrator.


5/1994 – 11/2000
Cost Accounting Manager | Lockheed Martin Mission Systems and Training (MST) | Orlando, FL
Responsible for activities of 3 Cost Accounting Analysts and ensuring that all cost input systems (accounts payable, labor, travel and living, etc.) were accumulated and distributed to Program Contracts correctly on a monthly basis. Responsible for timely month end closings, providing cost analysis to Program Managers/Program Finance when requested, and transitioning historical cost data from the General Electric cost accounting system to a new Lockheed Martin Cost Accounting System (CAS).
 
4/1987 – 4/1994
Cost Accounting Manager | General Electric Ship Controls and Simulation Department (SCSD | Daytona Beach, FL
Responsible for ensuring that all cost input systems (accounts payable, labor, travel and living, etc.) were accumulated and distributed to Program Contracts correctly on a monthly basis.
Responsible for timely month end closings, providing cost analysis to Program Managers/Program Finance when requested. Conducted physical inventories as required. Integral part of Continuous Flow implementation team that successfully implemented a “Just in Time” factory build process in the printed circuit board assembly area.


9/1982 – 3/1987
Internal Auditing Manager | General Electric Ship Controls and Simulation Department (SCSD | Daytona Beach, FL
Performed audits of all accounting systems to ensure system accuracy. Business liaison with Corporate Auditors as well as External Auditors.


6/1980 –8/1982
Corporate Audit Staff Auditor | General Electric Company | Schenectady, NY

Performed financial audits of various General Electric businesses including GE businesses in Mexico and Brazil. Audited payroll, general accounting, factory accounting, cost accounting, and sale recognition systems.


3/1978 –5/1980
Cost Accounting Analyst | General Electric Television Component Product Section (TCPS) | Syracuse, NY
Responsible for performing and reconciling annual physical inventories. Generated various inventory reports.


3/1978 –5/1980
Supervisor Accounts Payable | General Electric Television Component Product Section (TCPS) | Syracuse, NY
Responsible for timely payment of business invoices and supervision of two accounts payable clerks. Also was a participant in GE’s Financial Management Program (Graduated in 5/1978).
 
6/1976 –4/1977
Operations Analyst | General Electric Television Component Product Section (TCPS) | Syracuse, NY
Responsible for compiling business budgets and analyzing actual versus budget performance. Was first to create budgets using a personal computer. Also was a participant in GE’s Financial Management Program.