indiana university ppg industries, inc. scoop session 9-21-04

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


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 Analysis

Technical Accounting Skills

Other Information:Other Information:

General Office

Indirect Supervision of Clerical Staff

Travel is <10%

Staff Assistant Auditor / Staff Auditor


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.



Assist with discussion and communication of all findings to various levels of PPG management.

Perform various ad hoc projects, as requested by Audit Managers.


Communicate & Share Information

Learn Continuously

Size up Situations



Foreign language proficiency

Internal controls

Technical accounting skills


Based out of General Office; audits performed at any PPG location worldwide

Travel is 50-75%


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.


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.




Focus on Results

Promote Teamwork

Business negotiations

Financial analysis

PC Skills



General Office and other PPG locations

Travel is 10%

Revenue/Sales Accountant


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.



Attend to Detail


Solve Problems

Account Analysis

Internal controls

PC Skills



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

indiana university ppg industries, inc. scoop session 9-21-04

Documents

terms of accounting

glass worlds leader

salesoperating income

strand fiber glass

management skills

financial results

financial problems

overview ppg