TIM S. HICKMAN

*** *. ********* **. 219-***-****

Hobart, IN 46342 kszw8z@r.postjobfree.com

PROFESSIONAL PROFILE

Senior Executive with over 20 years experience in financial reporting, analysis, forecasting, budgeting, cash management, auditing, and controls for multi-site manufacturing organizations. Solid interpersonal skills and cross-functional team interactions (Sales, Production, Information Systems, Human Resources) coupled with effective leadership abilities.

Core Competencies Include:

Leadership / General Management Strategic Planning / Implementation

A/R, A/P & GL Account Analysis Inventory Management / Reconciliation

Operating / Capital Budget Preparation Staff Training & Development

Credit Reviews & Approvals HR, Benefits & Risk Management

Job Costing & Variance Analysis Financial System & Business Software

Banking & Insurance Management Regulatory Compliance

Accounting / Finance Policies & Procedures Turnarounds & Acquisitions

SUMMARY OF QUALIFICATIONS

Directed all matters involving Management Information Systems including system reviews.

Responsible for daily and long term cash management including ownership of the credit approval process. Managed month-end / year-end close and budget variances.

Supported corporate and divisional strategic planning efforts through forecasting and operational / capital budget development activities.

Oversaw physical inventory and reviewed for obsolescence, movement, and valuation.

Managed multiple departments in multiple plants, establishing clearly defined job duties for subordinates, developing policy and procedures for personnel and benefits administration, and offering leadership necessary to achieve the company’s strategic plan.

Managed all aspects of Workers Compensation and health insurance including coverage reviews and pricing negotiations.

Established and maintained credit / collection policies; reviewed and managed divisional banking and lending relationships. Supervised and audited daily bank account reconciliations while maintaining credit policy, procedures, and list of credit problem accounts.

Advised executive management staff on impact of new laws, decisions, regulations and rulings affecting company from a tax or financial standpoint.

Completed corporate property tax returns, sales and use, and franchise tax returns for 6 states on a quarterly and annual basis.

Accountable for environmental reporting for 2 states as well as communicating compliance with NAFTA and EEOC.

PROFESSIONAL EXPERIENCE

Liners Direct Itasca, IL

Controller 2009-Present

(Acrylic Bathtub, Shower, and Tub Liner Manufacturer with revenues of $12M)

Obtained to be the professional hands on accounting and finance manager reporting directly to the owner.

Highlights:

Made an immediate improvement to cash flow by improving DSO, eliminating wasteful spending, reducing headcount and driving down company debt by over 700%.

Tim S. Hickman, page 2

Created all daily accounting procedures and redefined the monthly close process while reducing 20 days.

Designed and established company credit procedures.

Directed the move of the entire company from 2 separate buildings into 1 new state of the art facility without any lost operational time.

Dot Packaging Group, Inc. Batavia, IL

Chief Financial Officer 2000-2009

(Multiple Plant Carded Packaging Manufacturer with revenues of $30M)

Hired to direct a $30M multi-plant carded packaging manufacturer with accountability for strategic planning, and leadership of entire finance function.

Highlights:

Developed strategy to bring in new suppliers offering lower pricing and multiple year pricing agreements for raw materials. Resulted in improved quality and service while lowering material costs by $600K during 3 year period.

Reviewed every operational cost reduction opportunity, leading to a 1.5% or $465K margin improvement.

Lowered aged finished goods inventory in excess of $600K. Implemented internal procedures to control customer finished goods programs. Reduced time to conduct annual audit by 63% (4 days to 1.5 days).

Improved DSO from 56 to 44 days on receivables through implementation of control procedures.

Eliminated seven days from the monthly close process through assignment of specific functions and deadlines.

Assisted outside auditors with the annual financial, 401K, pension, health and welfare audits, reducing audit expenses by 40%.

Participated on team for ISO 9002 support, offering analysis data and procedures for corrective actions.

American Oak Preserving Company North Judson, IN

Controller 1998-2000

Challenged to strengthen divisional accounting functions, and implement / maintain financial controls for multiple plant floral manufacturer.

Highlights:

Upgraded hardware and operating software to ensure smooth transition for Y2K.

Purchased mail server, ran network cables and router, and installed Microsoft Exchange to initiate email system. Performed training on new system.

Restructured company debt and lowered the line of credit interest rate by 2%.

Universal-Rundle Corp. Rensselaer, IN

Controller 1994-1998

Selected to turn around numerous leadership challenges and restore operational stability for bath furniture manufacturer providing products for big box retailers with over 80 employees. Parent company was a publicly traded Fortune 500 company.

Highlights:

Undertook total restructuring of company that had lost $10M in the previous 4 years prior to arrival. Negotiated and handled all legal and administrative aspects in selling of over $3M in buildings and real estate. Reduced occupied square footage from 450,000 to 150,000 square feet. Minimized salary head count by 4. Reduced raw material costs by 5%. Resulted in the first profitable month.

Marketed and closed sale of the division by parent company.

Stampede Industries Corporation Cicero, IL

Controller 1989-1993

Directed financial operations for $10M specialty chemical manufacturer with over 80 employees.

Implemented computerized Networked Systems including: general ledger, inventory control, standard costing, and order entry.

Established company policy and procedures manual.

EDUCATION

Bachelor of Science, Accounting & Business Management

Indiana University

AFFILIATIONS

School Board KVSC, Vice

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