Financial Executive, MBA
• Financial Reporting – GAAP • M&A - Due Diligence
• ERP – System Implementations •Banking & Cash Management
• Manufacturing Cost Accounting •Capital Budgets & Leasing-NPV/IRR
• Oracle, JD Edwards & MAS-200 •Revenue Recognition SOP 97-2
• Budgets & Strategic Plans •Variance & Cash Flow Analysis
PROFESSIONAL EXPERIENCE
FINANCIAL CONSULTANT – Irvine, CA 2006 – Present
Current assignments include companies in these categories:
• Controller - Global Hi-Tech Manufacturing company in Orange County
• Controller - E-Commerce web-based company in Southern California
SUNRISE IMAGING, INC. – Tustin, CA 2004 – 2005
Sunrise Imaging is a startup company that manufactures high-performance microfilm digitizing systems used in libraries, government agencies, state archives and corporations that require massive storage of digital data for easy computer retrieval. Revenue: $1.5M. Employees: 7
Corporate Controller
• Provided leadership to the Accounting & Administration functions with responsibility for ensuring the integrity of the company’s financial data, the security of its intellectual property-assets, and the strength of its internal controls. The company has sales operations in the UK and an R&D facility in India. Additional responsibilities include the production of certified financial reports in accordance with GAAP, developing and sustaining an inventory and cost accounting system that includes bills of materials and its related supply chain, oversight of treasury, risk management, IT and legal functions. Revenues in the first nine months of operations exceeded $1.5M, and generated a marginal positive cash flow.
• Purchased a product license and support agreement with Motorola that enabled that started the business.
• Developed a new cost accounting and product warranty system that was necessary to value inventory and produce the first set of company financials.
ROGERSON AIRCRAFT CORPORATION - Irvine, CA
Comprised of six separate companies collectively called Aircraft Equipment Group, AEG manufactures a complete line of pneumatic fuel valves, switches, gauges, sensors, de-icing equipment and vacuum waste systems sold to OEM’s, sub contractors and the U.S. government. Revenue: $32M. Employees: 124
Corporate Controller 2001 – 2004
Consolidated financial reporting (US & Europe), budgets and forecasts. Managed the controllership at the Pasadena manufacturing facility. Managed external and internal audits. Supervised reconciliation of all balance sheet accounts. Managed credit and collections, cash disbursements, payroll, and bank loan covenants. Prepared sales and use tax and business property filings. Supervised seven and reported directly to the President.
• Reduced the month end close from 12 to 3 days in only four months.
• Negotiated new loan covenants with Comerica Bank.
• Collected $400k in receivables ranging from 1-1100 days past due, and negotiated a $356k settlement for a balance due of $390k from Bell Helicopter. Collected $854k of excessively old receivables resulting in immediate cash flow and positive earnings
• Implemented new Oracle modules for Fixed Assets and Project Engineering. Fixed the Purchases Clearing Report, which allowed for an unqualified audit.
• Created long range strategic plans (with EBITDA) that brought in $10M of 3rd party tranche B investments.
KEVIN O. NAHIN, MBA PAGE 2 OF 2
STANDARD MOTOR PRODUCTS, INC. Hayden Automotive Division, Corona, CA
Manufacturer of automotive replacement parts for all makes of domestic and imported vehicles. Revenue: $60M. Employees: 180
Controller 1997 – 2001
Responsibilities were similar to the above company and also managed MIS and human resources. Supervised seven.
• Led accounting team in system conversion of JD Edwards GL and Fixed Asset software; converted from Mapics.
• Created company’s first integrated $60M budget model utilizing Excel and JD Edwards.
• Managed implementation of new EDI communications real time invoicing system for major retail customers valued at $40M annually resulting in labor costs savings estimated at $40,000.
• Reduced month end close time from 5 to 3 days by creating model journal entries and standardizing all journal vouchers and associated query reports. Managed Payroll & booked all transactions.
• Assisted with the M&A of a $26M manufacturing facility - Integrated balance sheet data and performed due diligence. Negotiated new leases.
• Established new policies and procedures for the proper accounting of product returns. This provided management with advance warning of margin dilution and the option to take immediate corrective action.
WHITTAKER CORPORATION, Industrial Coatings Division - Colton, CA ~ FORTUNE 1000
Parent company was a $2 billion conglomerate comprised of aerospace, chemicals, pneumatic controls and fluid networks businesses. Revenue: $125M. Employees: 400
Controller 1988 –1997
• HR & IT Management. Month end close and financial reporting to L.A. corporate offices.
• M&A - Performed merger and acquisition-due diligence for a new $25M industrial facility.
• SEC reporting 10-Q, 10-K, 8-K, Registration & Proxy statements.
TEXTRON, INC. - Digital Numeric Controls - Anaheim, CA ~ FORTUNE 500
Parent company is a $10 billion conglomerate comprised of aerospace, industrial & commercial finance markets. Textron owns Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. Revenue: $40M
Controller 1985 – 1988
• Directed system conversion from in-house custom code to Mapics-MRPII.
• Created a five-year strategic plan. DCAA audits using CAS & FAR.
PLESSEY, PLC - Semiconductor Division - Irvine, CA ~ FORTUNE 1000
Plessey plc was a British-based international electronics, defense and telecommunications company. Revenue: $350M
Financial Analyst 1980 – 1985
• SEC Reporting 10-Q, 10-K. Foreign currency recognition of exchange gain or loss.
• Prepared budgets, cash forecasting and month end financial statements.
EDUCATION
MBA, Magna cum laude, Finance, West Coast University, Los Angeles, California
BS, Business Administration, Accounting/Finance, University of Southern California
PROFESSIONAL AFFILIATIONS
Adjunct Lecturer, School of Business Administration, National University, Riverside
Adjunct Assistant Professor of Business, College of Business and Management, West Coast University, Los Angeles
Courses Taught at the Undergraduate and Graduate Levels: Organizational Behavior and Development; Financial Decision Making & SEC Reporting; Strategic Long Range Planning; Capital Budgeting; and Cost Accounting.
COMPUTER SKILLS
Oracle, JD Edwards, MAS-200, FRx, QuickBooks, Peachtree, Excel, Access, and Word. AS400 & UNIX |
