$70 Million South East Manufacturer
2004 - Present
Controller and Cost Manager, 2004 – Present
Manage all aspects of financial closing and analysis of US and Chinese Operations.
* Conducted make / buy contribution margin analysis, resulting in over $1,000,000 of annualized savings.
* Introduced web based product and customer profitability reporting. Dropped / replaced unprofitable products, realizing $100,000 per annum in savings.
* Worked with Sales V.P. to win bid projects and understand bottom line impact of customer incentive strategy. Aided the business in profitably growing 10% annually.
* Worked with Chinese consulting group on establishment of a Wholly Owned Foreign Enterprise.
* Implemented ERP system in Chinese subsidiary
* Managed financial closing and consolidation of Chinese subsidiary
* Implementation of web based financial statements with drill down to account level.
* Institution of electronic payment of invoices and commissions, reducing paper check transactions and remittance advices by over 50%
* Implementation of document imaging, enabling paperless storage and retrieval of invoices.
* Introduction of credit card processing for sales.
* Point person with external auditors on payables, receivables, inventories and fixed assets.
Billion dollar South East Multi-National Manufacturer
1996 - 2004
Billion dollar, privately owned, multi-national, lean manufacturing company. Promoted 7 times, including spells in Europe and the USA.
Business Controller US Automotive Division 2003 – 2004
Reporting to the Business Leader I had financial accountability for the North American businesses, with revenues in excess of $50Million, and their 3 manufacturing plants, including 1 in Mexico.
* Implemented company profitability reporting tool (Hyperion Intelligence / BRIO)
Cost Project Leader, Europe 2002-2003
Financial leader of a pan European team which implemented an integrated cost and profitability reporting system. (Financial modules of an ERP system). Led a team of 4 ex-patriots and 30 plus local controllers and industrial engineers, from 6 countries.
* Replaced 5 separate absorption-costing systems with 1 integrated system.
* Integrated cost, sales, inventory, variance, transfer pricing and profitability systems to ensure accuracy and reliability. Enabled profitability reporting at both the country GAAP and company wide levels.
* Automated production of profitability reporting at product and customer level.
* Established inter company transfer pricing policy which drove better internal decision making, higher capacity utilization and increased business.
* On time implementation for 17 European locations, in 6 countries.
* Trained in excess of 60 financial & non-financial managers in use of ABC system and reports.
Financial Controller, England 2001-2002
Promoted into large recently acquired UK automotive supplier with remit to implement parent company policy, improve management-reporting capabilities and eliminate financial team turnover.
* Led a team of 8, including Financial Accounting, Industrial Engineering and Cost Accounting.
* Developed correct product costs, enabling management for the first time, to understand product profitability.
* Implemented parent company balance sheet policies, highlighting potential tax write-offs of $500,000.
Division Cost Leader, Europe 2000-2001
Reported directly to the European Manufacturing and Finance Directors.
* Jointly completed annual rating and ranking of all European financial associates.
* Led company initiative on activity based costing and inventory reduction, resulting in $500,000 of annual savings and 10% reduction in inventory days. Ran the quarterly European Executive meetings.
* Consolidated and explained the European manufacturing results for company board level review.
* Conducted process mapping on existing cost systems resulting in over 40 improvement recommendations
* Conducted multi country capital expenditure analysis. Led to implementation of a profitable investment by a major customer and saved company investing in what was an unprofitable investment for them. Enhanced customer relationship.
* Stepped in for 3 months with the European business on a part-time basis as acting Controller, whilst maintaining the division cost leader function, as they searched for a replacement.
Plant controller, South East USA
1998-2000
On strength of plant manager’s request I was promoted into controller position of one of the largest plants in the company, (revenue $200Million plus). This plant was a broadloom and tile carpet finishing plant. Led a team of 7, encompassing: payroll, accounting control, supply room, fixed assets, inventory and forecasting.
* Identified over $1 Million of excess accruals which went straight to the bottom line.
* Consolidated and explained the Division variances and fixed cost for the Manufacturing Director
Cost Leader, South East 1997-1998
Managed 7 ledgers within Floor Covering Division. Total revenue in excess of $200Million
* Worked with industrial engineering, plant controller and IS to remove $1.5 Million inventory variance opportunity (5% of cost of sales) in one ledger. Eventually reduced this variance to 0.2% of cost of sales.
Plant Controller, Bury, England
1996 - 1997
Managed the day to day financials of a medium sized textile manufacturing location.
Mid Size Manufacturer - England
1992 - 1996
Manufacturer of steel wire, wire rope and fiber rope mooring systems.
Plant Accountant, Greenwich England
1994 - 1996
Accountant, Sheffield England
1992 - 1994
EDUCATION
Masters in Business Administration- Concentration in International Studies (2006) - University of South Carolina
Certified Financial Manager (2004) – USA
Certified Management Accountant (2004) – USA
Chartered Management Accountant (1997) – England
Accountancy (BA) (1992) – Northumbria University, England
PROFESSIONAL INVOLVEMENT
Institute of Management Accounting – Chapter President |
