Financial reporting & international consolidation, corporate development, Sarbanes-Oxley, information systems management, development and presentations to Wall Street, strategic business plans, accounting and control policies, system implementations, SEC filings, mergers & acqusitions, corporate compliance, budgeting & forcasting, Big 4 audit experience. |
Experienced corporate controller with broad management and extensive development in areas of Sarbanes-Oxley, information systems management, development and presentations to Wall Street, strategic business plans, system implementations, as well as, quarterly and annual filings.
Personal traits include; charismatic, honest, results-orientated, proactive, creative, energetic, effective communicator, strong leader, independent thinker and creative team member.
Areas of Expertise
Accounting, Financial Reporting and Consolidations
Sarbanes-Oxley section 404 Project Manager
Computer Information Systems Management
Hyperion Enterprise Design, Implement, Train and Administer
Upstream WebLink Software Design, Implement, Train and Administer
J.D. Edwards - Complete ERP Software Implementation Project Manager
Member of Executive Corporate Compliance Team
Business Combinations, Mergers & Acquisitions
Budget and Forecast Preparation
Business Objectives and Strategic Planning
Audit
THOMAS MONAHAN COMPANY
$50m Revenue; Family Owned Company
Arcola, Illinois Aug 2007 - current
Corporate Controller
Reporting directly to Chief Operating Officer. Responsible for all aspects of accounting from plant manufacturing accounting to general accounting as well as financial consolidation, bank reporting, legal reporting and partner in strategic business evaluations. Primary goal is to restructure accounting and back office processes and procedures to build a proper foundation to allow the company to succeed with future growth strategies.
Multi-site manufacturing company with headquarters in Arcola, Illinois. Responsible for all aspects of accounting, including manufacturing cost accounting and general accounting for multiple companies as well as financial consolidation.
Restructure treasury function as well as cash management.
Restrucutre and rebuild the credit and cash collection functions.
Implement proper segregation of duties.
Simplify and streamline closing process.
Develop accounting policies and procedures.
Evaluate staff strengths and weaknesses adjust / change as
needed.
Possible future ERP system conversion.
INDUSTRIAL MANUFACTURER with FOUNDRY & ASSEMBLY OPERATIONS
Feb 1996 Jan 1, 2006
$1.1b Revenue; $64m NI; $270m EBITDA; 5,500 employees
Company grew from $500m to $1.1b during tenure via organic growth and acquisition.
Illinois
Multi-site, domestic and international, manufacturing operations. Products range from large volume - small parts to large custom made products. Operational locations reported individually with own accounting staffs and controllers. Corporate Controller had dotted-line responsibility for all plant and business segment controllers.
Continually accepted additional responsibility beyond current position as well as providing business direction based upon financial data and projections.
Company life cycle during tenure was; segment of a public parent company, private equity investment, private equity investment with public debt to pre-IPO.
V.P. and DIRECTOR of CORPORATE DEVELOPMENT,
Parent Company Jun 05 Jan 06
Involved in developing and evaluating options to achieve corporate growth and synergistic savings objectives.
Directed and participated in assessing opportunities to grow and improve the profitability of the company through strategic investments, organic growth, cost saving initiatives. Position eliminated due to reduction in force with acquiring company.
Performed, evaluated and coordinated acquisition of limited partnership.
Integral part of developing possibilities for synergistic savings.
Developed merger & acquisition templates, time lines and procedures.
Assisted in drafting and coordinating exclusive product license agreements.
V.P. and CORPORATE CONTROLLER,
Parent Company Jul 04 Jun 05
Managed Sarbanes-Oxley section 404 projects. Prepared operational and financial data presented to Wall Street. Member of Executive Compliance Committee. Conceived and drafted corporate wide accounting and internal control policies.
CORPORATE CONTROLLER,
Busines Segment Nov 99 Jul 04
Customized, implemented & administered financial reporting software to strengthen internal controls, streamline financial reporting and initiate SOX procedures.
MANAGER of FINANCIAL REPORTING,
Business Segment Feb 96 Nov 99
Project manager for full ERP software implementation for 10 manufacturing facilities and headquarters. Customized and implemented new financial consolidation reporting which removed 2½ days from the consolidation process. Acted as Interim Treasurer.
Each position was responsible for all aspects of accounting and internal financial reporting, audit, and Information Systems for all domestic and international locations. Influence to affect change in all disciplines continued to grow with each promotion. Continued to cultivate wonderful and collaborative working relationships with executives, management and workers at operational levels.
Two SEC registrants, three reportable business segments, eight unique consolidating entities, 40 plus individual manufacturing locations as well as numerous distribution sites.
Managed corporate wide SOX404 efforts.
Responsible for financial data presented to Wall Street for due diligence and recapitalization tasks.
Customized, implemented, performed training, maintained and administered Hyperion Enterprise and Upstream WebLink.
Coordinated external audit.
Prepared strategic business analysis for; plant consolidations, product line acquisitions, and product line discontinuance.
Quantified employee fraud and worked with forensic accountants.
Instrumental in performing all business tasks related to divestiture from parent company including acting as interim treasurer, determining all units closing and opening balances sheets.
Coordinated entire group effort for national purchase contracts for production items.
Responsible for performing and advising accounting related to acquisitions.
Developed standardized accrual calculations.
Oversaw full implementation of J.D. Edwards World software and training of end users. Gained extensive knowledge of software, functionality and best and worst practices of system implementations. Reported all progress directly to CEO.
Conceived and implemented streamline reporting for all locations to corporate offices.
Prepared quarterly and annual reporting data including Management Discussion and Analysis (MD&A).
Performed internal reviews of operating units.
DELOITTE & TOUCHE LLP Jan 1994 - Feb 1996
Illinois
Senior Accountant Audit
Planned and developed the nature and extent of audit testing. Performed testing for more complex areas, drafted reports, supervised staff and performed staff reviews. Worked with clients to improve processes and internal controls. Worked extensively with quantifying a defalcation and providing documentation to legal authorities.
Types of Audit Work
― Full scope & limited scope ― Pension Plan ― Defalcation audit
― State & Federal Compliance
Industry Exposure
― Manufacturing ― Hospital ― State & Local Government
― Power Cooperative ― Political Action Committee ― Nursing Home
ERNST & YOUNG LLP Sep 1992 - Nov 1993
Missouri
Staff Auditor
Performed entry level audit with moderate to high levels of complexity.
Types of Audit Work
― Full scope & limited scope ― Pension Plan
― Acquisition audit ― Physical Inventory Observation
Industry Exposure
― Manufacturing ― Not for Profit ― US Government Branch Service
― Aerospace & Defense ―
Publishing
University of Arkansas, Bachelor of Science Business Administration, 1992
Major: Accounting and Computer Information Systems |
