Michael Shea
York, SC *****
**********@*****.***
Summary of Qualifications:
§ 10+ years of increasingly responsible experience in general accounting, cost accounting, general ledger, account reconciliations, payroll and income tax preparation, financial analysis, and reporting.
§ 10+ years of cost accounting/analysis in a manufacturing environment.
§ Solid software skills (MS Office, Quickbooks, Accounting, Tax).
§ A strong desire to excel in the field of accounting and to use my skills in the best possible way for achieving the company’s goals.
Computer Software:
MS Word MS Outlook Peachtree Great Plains
MS Excel Calyx Software Intuit (Turbo Tax) Manhattan
MS PowerPoint QuickBooks Pro Mapics MRP, ERP IBM (AS400)
Work Experience:
First Class Transportation LLC, Burlington, CT
(2001-2010)
Title: Controller/Partner
Managed all day-to-day financial functions for the LLC and S Corp including payroll, AP/AR, collections, and sales related activity.
Analyzed and updated annual budgets.
Prepared year-end tax returns, 1099’s and W2’s for LLC and S Corp.
Managed a staff of 30+ employees and a 12,000 sq. ft. building.
Utilized historical data to identify trends and develop sales strategies
New vehicle acquisitions and all procurement functions
Managed employee benefits and vacation time
Prepared all financial reports for partners and financial institutions
Accomplishments:
Achieved sales of $2.1 million and increased fleet size to 30 vehicles resulting in the company ranking in the top 5% of limousine services nationwide.
Solicited new accounts and increased sales 10%.
Negotiated price increases with major accounts that increased sales by 10%.
Increased net profit by 50% through analysis of yearly budgets.
Near perfect loss runs with liability insurance carrier
Asea Brown Boveri/Westinghouse, New Britain, CT
(1989-2001)
Title: Cost Accountant
Oversaw all job costing, implemented standardization of all costs and performed various procurement duties of raw materials and finished goods.
Prepared month end reports, completed cost reports and gross margin analysis.
Provided cost estimates for new and custom projects and for the sales team.
Identified cost variances and worked in a team environment with engineering and production to recommend and implement solutions.
Input complete Bill of Materials into AS/400 system.
Identified cost variances and established a standard cost for all items.
Utilized bar code system to track employee labor at various cost centers.
Managed JIT inventory, lead annual physical inventory and provide valuation reports.
Created automated job cost and annual price increase systems.
Oversaw the implementation and updates of the AS400 software.
Authorized to sign purchase orders up to 100K
Accomplishments:
Negotiated 1-year blanket order purchases with new and existing vendors that reduced inventory carrying cost and overall material costs by 25%.
Reduced cost on top selling item from $105-108 to $68-70 making the product profitable for the first time.
Increased profitability up to 40% on several key jobs.
After this division of the company was sold, inventory counts that were audited reflected 100% accuracy.
Education:
Regis University Denver, CO
Bachelor of Science in Accounting
Tunxis College, Farmington, CT
Associates of Science in Management
Klempera Scholarship, Honor Society
Standard Cost Certificate - IBM University, Framingham, MA
Additional Information:
Currently – Working towards CPA license
Owner – E-commerce Business
Martial Arts Supplies and Equipment
www.peoplesmartialarts.com
Master Instructor – Taekwondo
www.palisadestkd.com