Financial Leader

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Position
Financial Leader
Location Confidential
Yes
Willing to Relocate
Yes
Industry
Chemicals-/-Plastics-/-Fibers-/-Coatings
Function
FINANCE--CFO/Control/Acctg./Treas./Tax,etc.
Compensation
$100,000 to $200,000

Resume Summary
I am financial leader that will add value to a firm's culture. My core values are respect, honor, and trustworthiness. I am effective communicator in any situation with anyone, with a proactive approach to problem-solving.

Resume Body      FINANCIAL LEADER

OBJECTIVE
I am senior financial leader that has consistently added value to a company's finances or a company's culture. Many attributes and life experiences have contributed to my development as a strong leader, but I feel that my core values of respect, honor, and trustworthiness have had a much greater impact in my leadership development. I take a proactive approach to problem-solving utilizing strong analytical and communication skills. I am committed to developing, implementing, and sustaining robust business processes and procedures. Whether working with a cross functional team, or in a one-on-one situation; I pride myself in being able to effectively communicate in any situation with anyone.


" Strategic Planning
" Organizational Leadership
" Financial Planning, & Analysis
" ERP implementation (SAP, QAD, Infinium, Visual)
" Process Improvement mapping
" Team Development
" Mergers & Acquisitions
" IFRS & US GAAP reporting
" Project Management
" SOX compliance
" Multi-site Operations
" Risk Management
" Governmental Regulatory

EXPERIENCES
Feb 17 to Present
IPL Plastics, (Formerly Encore Industries, Inc.), Cambridge, Ohio.
Foreign Owned Publicly Traded Plastics Manufacturer.
Operational Controller / Financial Controller.
" Balance Sheet Account reconciliation and Financial reporting both at site level and consolidated level (3 sites).
" Responsible for reporting weekly operational KPIs, costing new business quotes, and any ad-hoc reporting at the divisional level.
" Preparing all month-end, quarter-end and year-end requirements for site and adhering to close schedule.
" Responsible for all internal-control reporting of Cambridge facility every quarter, and working with GM to review, test, and resolve and non-conforming issues.
Key Achievements:
" Developed a standard weekly KPI worksheet for the Industrial Division of IPL Plastics for the 3 sites.
" Created a Budget template and process as a Budget SOP for Encore sites (3) as part of Industrial Division which was necessary after the M&A.
" Working with an outside consultant; did a complete review of Cambridge cost model of overhead rates based on 2018 financials and update of the rates based on 2019 budget.
" Oversaw as project manager the closing, consolidation, and relocation of Shared Services, Customers Services, Purchasing, and IT infrastructure from Sandusky facility to the Cambridge facility from end of Dec. 2018 thru end of Feb. 2019.
o Included the hiring of a new Finance staff and getting them trained for the transition project.
o Coordination, documentation, and integration of processes associated with all daily, weekly and monthly Finance department tasks.
o Maintaining and managing expectations of the project and the outcome.
o Working with corporate IT the hardware integration of the Sandusky servers to Cambridge and the update of the Visual ERP software for Encore sites.
"
Nov 14 to Feb 17
Gromek Financial Consulting, Dover, Ohio.
Finance/Accounting Consulting Firm
Owner
Key Achievements:
" Providing part-time CFO/Accounting professional, and project-based Finance services to small to medium size companies.
o Managerial (cost) Accounting functions of a company.
Process mapping analysis to eliminate nonvalue added activities.
Develop and implement budget/forecast processes to standardization of internal/external financial reporting process.
o Developing and establishing internal controls for a company.
o Improve cash flow functions of a company by strengthening banking relations, debt review and consolidation, and improving cash flow through analysis and modeling.
o Consult on all aspects of administrative functions of a company like employee benchmarking, 401K analysis, to establishing long-term development plan for Accounting and IT groups of a company.
o Creation of ad-hoc reports, KPIs for operations, and quality groups (Cost of Quality).
o Developing SOP reporting and analysis.
o Managing Project-based engagements:
Working with clients Finance group on ERP implementation for Finance and Controlling (cost) aspects of implementation
Assisting and developing processes for data cleansing of financial information for ERP data migration.


Oct 08 to Oct 14
Coltene Whaledent, Inc., Cuyahoga Falls, Ohio.
European Traded Medical Device Manufacturer
Manufacturing site of Coltene Holding AG $170M revenue, $85M site revenue.
Director of Finance; of CWI
Key Achievements:
" Created a culture of openness and accountability within the Accounting and IT group, elevating the team effectiveness within the organization.
" Completed a review of potential NEXUS issues with the company and eliminated the potential issues within a subsidiary (Dentronix) by segregating the organization from the parent.
" Reorganized both the Finance and IT departments by streamlining processes, rightsizing staff, and improving overall operational functions resulting in a decreased payroll by $600K annually.
" Increased average DPOs by 20 days to 42 days within 6 months of hiring date and average 51 days currently.
" Improved external audit relationships (Price Waterhouse Coopers) while decreasing audit fees annually by 30%.
" Decreased external audit fees and tax fees by 25% over two-year period annual saving of $50K, and improved internal controls processes culminating in no findings in 2013 audit.
" Due to a $2.3M capital investment to in-source purchased material from a supply chain initiative that was a substantial cost reduction for our products, secured a Job Creation Tax Credit from Ohio totaling ~$500K over the next 5 years of the credit that was not part of the ROI.
" Conducted an internal audit (assigned by BOD audit committee) of another facility which lead to a 6-month internal investigation of forensic accounting culminating in the development and implementation of a corporate wide Fraud prevention program.

Jan 02 to Oct 08
Dover Chemical Corporation, Dover, Ohio.
Privately held Chemical Manufacturer
Division of ICC Industries - $1.8B revenue; $225M site revenue.
Corporate Finance Manager  1.5 years
" Created all ad-hoc financial/cost analysis of site, for operational, sales, or corporate requirements.
" Creating and reporting quarterly bank requirements and covenants for $50M and $6M LoC for CFO.
" Direct reports of Finance Analyst and Plant Controller.
" Reported and reconciled all CAPEX projects from budget process to final ROI audit.
" Managed special projects assigned by CFO or executive level mangers.
Operational Controller  2.5 years
" Costing, inventory, budgeting and forecast.
" Managed and reported quarterly physical inventory results.
" Provided any ad-hoc reporting and costing analysis for the site.
" Project managed an ERP implementation.
" Due diligence on 2 M&A projects during my tenure.
" Two direct report (cost analyst and payroll admin)
Accounting Supervisor  2 years
" Managed A/R and A/P personnel (3 direct reports) and processing.
" Responsible for month-end, and year-end processes.
" All general accounting (journal entries, reports, and analysis, and reconciliation of A/R and A/P.
Key Achievements:
" Recovered $290,000 in Indiana Sale taxes going back 3 years for Gas and Electric invoices for our Hammond facility and in the process secure exemption status for most the sites utility expenses.
" Prepared the Analysis for management regarding Solid Phosphite manufacturing and potential impairment of asset providing necessary information on the decision process.
" Uncovered $300,000 of lost billings in 2006 and 2007 due to pricing error for Fuel additives product line to a specific customer.
" Worked with local government officials to secure tax abatement for a $12million product line expansion at Dover facility.
" Project lead the completed implementation and integration of ERP system (A/R, A/P, Purchasing, Invoicing modules with General Ledger) eliminating need for monthly physicals by creating perpetual inventory and costing system with Infinium.
" Review and updated all Dover Chemical Corporation assets and developed standardized guidelines for CAPEX and fixed asset process based on fixed asset audit.
" The launch and maintenance of FAS Best Fixed asset software after completion of fixed asset audit.
" Reconciled tolling agreements netting the company $1.3 million in unclaimed product and recovered 2 rail cars of raw materials netting $259,000 in lost inventory.

May 99 to June 01
Simonds Industries, Inc. Newcomerstown, Ohio.
Industrial Manufacturing site of Simonds Industries - $160M revenue, $23M site revenue.
Plant Controller
Key Achievements:
" Developed new site measurements that were implemented on a corporate wide basis at Simonds Industries, Inc.
" Worked with production manager on decreasing inventory and doubling inventory turns in a period of one year.
" Worked on special projects for corporate to develop strategic business plan for future production sites in Central America.
1. Developed future cash flow analysis of the site.
2. Created a working financial model of the site to determine costs associated with construction and start-up of the site.

Jan. 96 to Apr. 99
Furon Company & Felsted Products LLC Holmesville, Ohio.
Publicly Traded Tier I Auto Supple Manufacturer
Manufacturing site of Furon Company - $500M revenue, $20M site revenue.
Sr. Cost Analyst
Key Achievements:
" Developed, and implemented ABC costing at the Holmesville facility with the implementation of Easy ABC software.
" Worked with a cross functional group on the implementation team for QAD MRP for 21 domestic sites during tenure as analyst.
" Developed the Cost of Quality measurements and became a certified internal auditor for QS9000 at the Holmesville facility.
" Worked with quality engineers and production employees to decrease scrap by 2% over the course of my tenure at the Holmesville facility.
" Worked with production and material manager at Holmesville facility to develop a cycle counting program and to achieve 96% inventory accuracy.
" Utilized process mapping to develop process improvement technics for manufacturing flow of materials by developing staging areas which decreased raw materials and utilized JIT inventory.

EDUCATION
Kent State University, Graduate School of Business,
Master of Business Administration, August 2006.

University of Akron, Akron, Ohio
Bachelor of Business Administration-Accounting, May 1993.

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Debugging Information
ColdFusion Server Enterprise11,0,19,314546
Template /ResumeDatabase/SiteMapping_index_byFunction.cfm
Time Stamp 23-Sep-21 05:26 AM
Locale English (US)
User Agent ColdFusion
Remote IP 192.168.1.49
Host Name 192.168.1.49


Execution Time

Total TimeAvg TimeCountTemplate
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red = over 250 ms average execution time


Stored Procedures

SelectPostedResumeByResumeID (Datasource=RiteSite, Time=0ms) in D:\inetpub\wwwroot\ritesite.com\ResumeDatabase\lcl\spSelectResumeByResumeID.cfm @ 05:26:48.048
    
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resultsets
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SelectIndustriesAndPositionsForResume (Datasource=RiteSite, Time=0ms) in D:\inetpub\wwwroot\ritesite.com\ResumeDatabase\lcl\spSelectIndustriesAndPositionsByResumeID.cfm @ 05:26:48.048
    
parameters
typeCFSQLTypevaluevariabledbVarName
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resultsets
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Scope Variables

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Cookie Variables: CFID=1723519 CFTOKEN=42f19517c11c44ca-B5EF4BE2-01B0-12DC-2C565529D264436C 
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Debug Rendering Time: 16 ms