Indiana University
PPG Industries, Inc.
SCOOP Session9-21-04
Overview PPG – who we are
Program for Finance Undergrads
Developmental Goals of the Program
Characteristics of FLDs
Opportunities for FLDs
Specific Positions of FLDs
Career Paths of Individuals
PPG Is . . .
A company founded in 1883
More than 100 production facilities
One of few publicly traded companies to pay its shareholders dividends continually since 1899
PPG Is . . .
More than 30,000 people in21 countries
Based in Pittsburgh, Pa.
Owned by 107,400 shareholders, including 24,000 employees and retirees
PPG Is . . .
Composed of 15 strategic business units in four major product areas:– Coatings– Fiber Glass– Glass– Chemicals
Coatings
World’s No. 1 producer of transportation coatings
World’s leading producer of industrial coatings
World’s leader in packaging coatings technology
Maker of Olympic, Lucite, Pittsburgh and Porter brands paints/stains.
Glass
World’s leader in production of windows for commercial, military and general aviation aircraft.
One of the world’s largest manufacturers of flat glass
One of the world’s largest makers of original and replacement automotive glass
Fiber Glass
Producer of continuous-strand fiber glass used for a variety of purposes– Including electronic circuit boards,
recreational boat hulls, tub and shower units
Chemicals
Producer of specialty chemicals
One of the world’s largest producers of phosgene derivatives
A leader in the production of chlor-alkali chemicals
Developer of Transitions
Global Sales &Operating Income
Glass25%
Chemicals20%
Coatings55%
Chemicals23%
Glass7%
Coatings70%
2003
Sales Operating Income
Financial Results
2003Total Sales – $8.756 Billion
Coatings$4.835 billion
Chemicals$1.771 billion
Glass$2.150 billion
PPG Global Operations
Australia • Argentina • Belgium • Brazil • Canada • China • England • France • GermanyIreland • Italy • Japan • Mexico • Netherlands • Philippines • South Korea • Spain
Taiwan • Thailand • Turkey • United States • Venezuela
Finance at PPG
Financial Leadership Development
(FLD)
FLD Program
Broad Finance Opportunities
Actual Job
1st – 12 months then (2-3yrs)
Ownership of Career
Promote / Reward Performance
Diversity of Assignments
OTJ Training
Developmental Goals
Build broad skills and experience in a variety of financial disciplines
Provide insight into the complexity of managing financial problems in a global economy
Develop planning, control, and management skills needed to achieve PPG’s Goals
Provide successors for financial management opportunities
FLD Characteristics
Leadership Skills
Adaptability
Effective Communication Skills
Strong Analytical Skills
Ability to Learn Quickly
Geographic Flexibility
GPA >= 3.0 on 4.0 scale
Majors: Accounting, Finance, Economics, and Management Studies
– Must have at least 2 terms of accounting
Functional Opportunities
Managerial Accounting– Financial Analysis, Long-Range Planning,
Capital Budgeting
Financial Accounting– Inventory Control, A/P, A/R, Payroll, Costing
Internal Auditing– Internal Controls, Asset Verification, Frequent
Travel, Can Satisfy Experience for CPA
Treasury– Cash Management, Debt/Equity Financing
Issues, Credit Management
Tax Administration
Financial Accountant -Controller’s Staff
Position Description:Position Description:
Complete a variety of SBU specific accounting/reporting activities including consolidation accounting/reporting, PPG long range plan data gathering & assimilation, and oversight for macro SBU accounting items.
Ensure application of appropriate FASB/GAAP accounting principles
Financial Accountant -Controller’s Staff
Ongoing interaction with various SBU, Corporate, and international PPG functions
Skills and Success Factors:Skills and Success Factors:
Solid PC Skills
Attention to Detail
Business Knowledge
Account Analysis
Financial Accountant -Controller’s Staff
Skills and Success Factors:Skills and Success Factors:
Financial Analysis
Technical Accounting Skills
Other Information:Other Information:
General Office
Indirect Supervision of Clerical Staff
Travel is <10%
Staff Assistant Auditor / Staff Auditor
Position Description:Position Description:
Assist Senior Auditor in performing all fieldwork at an audit location. Fieldwork can include some of planning of the audit, identifying key transactions and risks at the unit, ensuring that the unit has proper internal controls in place to address the identified risks, and testing the unit’s internal controls to ensure that they are functioning properly.
Staff Assistant Auditor / Staff Auditor
Position Description:Position Description:
Assist with discussion and communication of all findings to various levels of PPG management.
Perform various ad hoc projects, as requested by Audit Managers.
Skills and Success Factors:Skills and Success Factors:
Communicate & Share Information
Learn Continuously
Size up Situations
Staff Assistant Auditor / Staff Auditor
Skills and Success Factors:Skills and Success Factors:
Foreign language proficiency
Internal controls
Technical accounting skills
Other Information:Other Information:
Based out of General Office; audits performed at any PPG location worldwide
Travel is 50-75%
Staff Assistant Auditor / Staff Auditor
Daily Duties:Daily Duties:
Interview different associates who perform different functions
Data analysis and transactional testing is done to verify internal controls are in place and functioning properly
Document the process and testing performed
Credit Rep./Collection Specialist/Credit Mgr.
Position Description:Position Description:
Optimize customer collections.
Minimize credit risk for a group of customers belonging to one or several PPG SBU’s.
Understand customer financial information and make business decisions based on the risk to PPG.
Establish and maintain appropriate credit limits.
Credit Rep./Collection Specialist/Credit Mgr.
Skills and Success Factors:Skills and Success Factors:
Communicate & Share Information
Focus on Results
Promote Teamwork
Business negotiations
Financial analysis
PC Skills
Credit Rep./Collection Specialist/Credit Mgr.
Other Information:Other Information:
General Office and other PPG locations
Travel is 10%
Revenue/Sales Accountant
Position Description:Position Description:
Ensure timely and accurate accounting relating to PPG revenue stream. Participate in development and maintenance of various SBU specific revenue reporting mechanisms.
Identify and pursue opportunities to maximize PPG cash flow. Maintain appropriate internal control environment.
Ongoing interaction with SBU Marketing, Sales and Logistics functions.
Revenue/Sales Accountant
Skills and Success Factors:Skills and Success Factors:
Attend to Detail
Communicate & Share Information
Solve Problems
Account Analysis
Internal controls
PC Skills
Revenue/Sales Accountant
Other Information:Other Information:
General Office and select plant locations,
Supervision of non-exempt personnel
Travel is <10%
Dan Lemansky - IU ‘97
1997 - Oak Creek, WI – FLD Trainee (Industrial Coatings)
1998 – Oak Creek, WI – Staff Accountant (Industrial Coatings)
1999 – 2000 – Oak Creek, WI – Cost Accountant / MBA – Marquette University (Industrial Coatings)
2001 – 2004 – Pittsburgh, PA – Financial/Business Planning Analyst (Packaging Coatings)
2004 – PR. – Pittsburgh, PA – Manager of Financial Services (Architectural Coatings)
Christine Camsuzou – ‘86
Paris and Pittsburgh – Internal Auditor
Tlanepantla, Mexico – Asst. Fin. Director
Torrance, CA – Cost Accountant
Ladywood, UK – Mgr. Financial Reporting
San Juan del Rio, Mexico – Fin. Director
Pittsburgh – Manager Strategic Development
Arville, France – Integration Manager
Pittsburgh – General Credit Manager
Pittsburgh – Corp. Dir. Quality Initiatives
Bridget Quinlan
Manager, Credit Services - N.A. Industrial Operations/OEM Coatings, General Office
Past Positions: – Supervisor, Shrd. Fin. Srvc.- Chillicothe,
OH– Supervisor, Cost Accounting -
Evansville, IN– Supervisor, Accts Payable – Chillicothe,
OH– Project Accountant – Chillicothe,
OH
Bridget Quinlan PPG's Finance Department has offered me
both rewarding and challenging assignments. The positions I’ve held have exposed me to all of our businesses, while allowing me to work with a wide variety of people at various levels within those organizations. These experiences have provided me a unique opportunity to contribute toward the success of these various businesses. Throughout all of my experiences I have also had the opportunity to work with some great individuals all of whom I have learned a great deal from.
Jonathan Hurwitz Manager, Financial Planning & Analysis -
PPG Architectural Finishes, General Office
Past Postions:– Manager, Financial Planning & Analysis - PPG
Architectural Finishes – Finance Manager - Aerospace - Glendale, CA – Director, Information & Financial Svcs - Evart,
MI – Supervisor, Fin. & Admin Svcs - Louisville, KY – Financial Accountant, Glass Controller's Staff -
G.O. – Staff Accountant - Lake Charles, LA
Jonathan Hurwitz My ten-year career with PPG has given me
broad exposure to many of PPG's businesses as well as many key areas of finance and accounting. With experiences in PPG's Coatings, Glass, and Chemicals businesses, I have been able to add technical finance skills, leadership skills, inter-personal skills, and business knowledge to my toolbox. Working at factories and in SBU staff functions, I have had the opportunity to learn many of PPG's business systems while working with a diverse group of PPG managers and professionals. My experiences of handling two PPG acquisitions have been especially interesting and challenging.
Angela Blanton
Financial Analyst - Flat Glass Automotive Group, General Office
Past Positions:– Financial Analyst - Glass, Fiber Glass
and Chemicals Reporting Group - G.O. – Special Projects - Glass, Fiber Glass
and Chemicals Group - G.O.
Angela Blanton In the 4 years that I have been with PPG, I
have had opportunities to initiate positive changes. One of the highlights in my position as an analyst in Financial Reporting was being trained as a "Lean Sensei" and then leading projects that were focused on eliminating wastes in business processes. It gave me an opportunity to work with various businesses and functions and helped me to gain a better understanding of how information is processed through the company. Now as a Financial Analyst for our Flat Glass Automotive Products group, I have an opportunity to understand a business at much greater detail.
Visit our market resource center at:
www.ppg.com