Victor Lustila
About Victor Lustila
Victor Lustila is the Director of Business Reporting and Analytics at Ally, with extensive experience in finance and accounting.
Title at Ally
Victor Lustila currently serves as the Director of Business Reporting and Analytics at Ally. His tenure began in 2010. As the director, he is responsible for overseeing the business reporting and analytics functions, ensuring the accuracy and reliability of financial data used for decision-making.
Previous Role at Ally
Before his current role, Victor Lustila served as Finance Director at Ally from 2001 to 2009. In this capacity, he was responsible for managing financial strategies and functions, contributing significantly to the company's financial health during his eight-year tenure.
Educational Background
Victor Lustila holds a Master of Business Administration (MBA) in Finance, General from the University of Michigan - Stephen M. Ross School of Business. Additionally, he earned a Bachelor of Science (BS) degree in Accounting from Northern Michigan University. Both degrees were conferred in 1970.
Activity Based Costing Model Implementation
Victor Lustila implemented an Activity Based Costing (ABC) model for a $500 million operating budget in an automotive servicing organization. This model identified key cost drivers and associated unit costs, enhancing the organization's understanding of its cost structure.
Reconstruction of Cost Center Hierarchy in SAP
Victor Lustila reconstructed the entire cost center hierarchy in SAP to better reflect operational processes. This project enabled the identification of the main cost driver for each activity, improving the accuracy of cost management.