Deborah P. Garringer, new CFO at Sims Crane is interviewed by CranesY
Deborah P. Garringer, new CFO at Sims Crane is interviewed by CranesY.
“Crane Industry knowledge and possessing the right skill set are key and critical whether male or female to being successful.” – said Garringer.
Cranesy: What are priorities that you would focus on during your first month in your new job?
Deborah P. Garringer: The first month on the job is best described as drinking water from a fire hose! However, in the midst of transitioning from the retiring CFO I am also evaluating the existing information systems and business processes. This period of transition is an ideal time to make any needed changes to update or upgrade processes and systems and evaluate internal controls. So I am focusing on where in the business processes that I can add value in taking on the new role and also upgrade the processes. We are reviewing a new AR and cash receipts process, payroll process, daily banking and bank reconciliation process and other automated information systems.
C.: How have you started a career in crane sector?
D.G.: I started my career 26 years ago as a CPA in public accounting and just recently retired from a National public accounting firm when I joined Sims Crane & Equipment to become their CFO. However, when I started in the public accounting industry 26 years ago, Sims Crane was my very first client. So, I have worked with the company providing tax, audit and consulting services over the course of my entire career so the crane industry, and this particular company are all very familiar to me and the transition is not difficult because of the years of experience working with the company and with the crane industry.
C.: Cranes Sector is commonly called “male dominated sector”, how can industry attract women to a career in construction?
D.G.: Industry knowledge and possessing the right skill set are key and critical whether male or female to being successful.
C.: Best lesson you’ve learned along your career?
D.G.: First try to understand before fighting to be understood.
C.: What advice would you give to other women who starting a career in this industry?
D.G.: Know the business, read the industry publications and know the best practices of the industry, but really understand the operations of the particular company you represent inside and out and you will bring the most value.
C.: Your relationships with co-workers?
D.G.: The relationships that are made with the individuals that you work with on a daily basis are key and gaining the confidence and respect and those that you are working with are critical to success and really can’t be taken lightly.
C.: Finish this sentence: the best way to achieve a work-life balance is….
D.G.: ..to prioritize your values, create boundaries and set reasonable expectations.