Kevin M. Kayden
*** ***** ***** *****, ****** Varina, NC 27526
Mobile:
Email: *********@*****.***
Career Goal
Cost Accountant / Financial Analyst
MBA . University of Toledo, Toledo, OH . 2004 (Dean's List) - GPA 3.64
Graduate courses - Finance, Accounting, Management, Statistics, Economics &
Business Administration.
BA . University of Wyoming . 2001 (Attended on a Golf Athletic Scholarship)
Work Experience
Arauco Panels USA, LLC - Moncure, NC
Mar'11 - Present
Arauco is a leading manufacturer of composite panels in North America of
wood products This site serves as a Particleboard, Medium-Density
fiberboard and Thermo-fused Melamine manufacturing facility.
Senior Cost Analyst (current position)
. Analyzing profitability analysis on margins, sales volume, cost of
goods sold and freight costs
. Daily reporting and comparing actuals with budget of key production
metrics including: production and sales volume, uptime %, Q1 % and
downtime classification.
. Quarterly mass cost rolls of over 9,000 parts of 3 separate plants to
implement most current resin and wood pricing into standard costs.
. Daily set up and cost rolls of new parts as requested by production
planners.
. Month end inventory adjustments and analysis of fiber and chemicals
usage.
. Settling of open production orders during closing and individual
settlement of orders as requested by customer service reps to move
inventory.
. Preparing month end journal entries of paper and board obsolescence,
Q2 paper
. Maintenance of material masters of standard costs in SAP and use of V
Lookups.
. Changes to standard costs based on recipe changes provided by
technical team.
. Checking and performing routing analysis of current products and
standard costs for accuracy
. Verifying co-products and proper apportionment structure.
. Frequent communication with production planners and plant managers to
understand manufacturing process and initiate possible cost
reductions.
. Costing paper of TFM products and making changes to cost as paper
pricing changes.
. Costing Q2 at lower of cost or market and reject boards.
. Monthly management report preparation of financial results to
determine raw material usage.
. Costing analysis and recommendations of possible future business
decisions for Sales department.
Hinkle Contracting Company, LLC - Paris, KY Oct'09 - Nov'10
Hinkle Contracting is an aggregates, asphalt, paving, concrete block and
construction company
Accountant (Change in ownership)
. Responsible for cash management of multiple checking accounts and
providing accurate weekly & monthly cash forecasting by analyzing
historical trends and outcomes.
. Prepared journal entries and account reconciliations to assist month
end close process.
. Monthly financial statement preparation and analysis of subsidiary
company.
. Developed strategic initiatives for accounting department goals and
ways to measure outcomes .
. Preparation of annual net profit returns, quarterly IFTA taxes and
heavy highway taxes.
. Assisted with complete balance sheet account reconciliation.
. Ensured successful year end audit during ownership change while
verifying proper debt payoffs.
. Timely wire & ACH transfers of payables to maximize cash and avoid
late fees/penalties.
. Monthly reconciliation of accounts payable & accounts receivable
clearing accounts and reconciling outstanding cash items.
. Assisted with improving internal controls of accounting department by
analyzing existing measures and made recommendations for process
improvements and cross training opportunities.
Itron, Inc. - Owenton, KY Oct'08
- Aug'09
Itron, Inc. manufactures gas meters and regulators and provides utility
software solutions to help promote more efficient use of energy and water
for the utilities industry.
Cost Accountant (laid off 2 of 4 people in accounting department due to
economy)
. Prepared monthly journal entries to assist month end close process,
including warranty and obsolescence reserves.
. Monthly preparation and analysis of profit & loss statement.
. Directed monthly meetings to analyze cost of goods sold and propose
cost savings opportunities.
. Assisted successful software conversion from QAD to Oracle by
verifying accurate inventory levels and standard costs of parts.
. Assisted with successful annual physical inventory & fixed asset
physical inventory.
. CIP tracking, capitalizing, and disposing of fixed assets in timely
manner to minimize overspending.
. Daily cost rolls of parts & year end standard cost rolls recommended
by engineering department.
. Weekly check processing
. PPV analysis of current vs. standard costs and communication with
purchasing department.
. Directed monthly meetings to verify scrap transactions
. Verified selling price of existing parts
. Prepared account reconciliations of accounts payable and inventory
accounts.
. Prepared monthly inventory revaluation adjustments to properly value
inventory.
. Quarterly inventory consignment tracking to meet SOX requirements.
. Timely annual property tax preparation and payment.
Dana Holding Corporation - Hopkinsville, KY Oct'06 - Sept'08
Dana Holding Corporation Structures Division manufactures automotive
corvette and van frames.
Cost Accountant (fear of layoff, left for Itron, Inc.)
. Reported, analyzed and communicated daily profit & loss statement to
upper management.
. Prepared monthly journal entries and account reconciliations to assist
with month end closing.
. Tracked spending of fixed assets by monitoring purchase orders and
invoices and capitalizing CIP projects in a timely manner to save
money.
. Weekly and monthly processing of scrap, cycle counts and
direct/indirect labor hours.
. Developed financial lease model to better predict future expenses and
assist with forecasting.
. Analyzed bill of materials of parts in ManMan ERP system and tracked
monthly labor and burden actuals vs. forecasted.
. Added new vendors and maintained existing vendors for accounts payable
to meet SOX requirements of internal controls.
. Reported and tracked temporary employees and assisted with determining
labor efficiencies.
APC - Asset Protection Corporation - Toledo, OH Jan'06 - Aug'06
Asset Protection Corporation provides life safety system products including
security systems and fire alarms.
Staff Accountant (Laid off due to company restructure)
. Successfully reconciled six months worth of bank reconciliations to
the general ledger.
. Accurate weekly processing of payroll, calculated proper sales
commissions of sales personnel, executed payments of payroll taxes,
child support payments and sales & use tax payments.
. Utilized Excel spreadsheets to maintain 401(k) plans, health insurance
and employee benefits.
. Maintained daily deposits of accounts receivable and check processing.
. Tracking inventory items purchased through packing slips and of
service calls made by technicians.
. Assisted with month end close process by posting month-end journal
entries.
TRW Automotive - Fremont, OH Jul'05 - Jan'06
TRW manufactures brake rotors for the automotive industry.
Accountant (Full time temporary position, plant closed Dec'06)
Integral team member in successful completion of physical inventory
and analysis of results.
Assisted cost accountant with maintaining standard costs of parts
utilizing QAD system.
Performed cycle counts, audited stock room parts, entered freight
bills and utilized Excel & HFM to analyze financial data.
Provided additional data analysis and ad-hoc duties as requested by
controller.
Honors/Awards/Accomplishments
. U.of Toledo Academic scholarship & Graduate assistantship based on
strong GMAT exam scores.
. Scored 680 on quantitative section of GRE exam.
. Received annual bonus at Hinkle despite being employed for only four
months at time of bonuses.
. Provided research analysis on educational publications for full time
faculty members in college of business at University of Toledo
. Adjunct Mathematics Professor in community college setting.
Technology skills
. Integral team member in Oracle software conversion.
. Developed power point presentations for company meeting of strategic
initiatives.
. Attended Excel seminars to improve existing Excel skills.
. Excel skills include utilizing Macros, V-Lookups & Pivot Tables to
analyze financial information.
. Integrated manual financials of subsidiary company into Explorer ERP
system.
. Proficient in Microsoft Word, Excel'03, Excel'07 & PowerPoint
. ERP experience with SAP, Explorer, ManMan Solomon, QAD, HFM & Oracle
. Microsoft Word Processing instructor in community college setting.