Sales Accounting

Sharon Rhodes

**** ***** *** ***

Clovis, CA **611

559-***-**** ***************@*****.***

SUMMARY of Qualifications

Highly versatile accounting professional with experience and

accomplishments in financial, cost and tax accounting. Broad based

background in manufacturing, distribution, and service industries with

major regional, national and international firms.

Tangible accomplishments include

. Systems evaluations and implementations for manufacturing and

distribution operations.

. Integration of accounting procedures and reporting for new and existing

divisions.

. Investigation and resolution of problem areas in foreign divisions.

Career History

Schneider Electric-Pelco, Inc., Clovis, CA 2001 - 2012

Director, Accounting

Manufacturer and worldwide distributor of video security systems.

Management of approximately 30 associates in areas of financial accounting

and reporting, cost accounting, accounts payable and payroll. Also

includes financial planning/analysis and internal controls review and

implementation.

. Designed and automated financial reporting for Pelco as a partnership and

corporation. The automated financial reporting allowed consistent and

repeatable financial planning, forecasting, budgeting and monthly

reporting as required by corporate entity.

. Analyzed manufacturing productivity at plant level in compliance with

corporate requirements. Provided financial details that allowed

operational and financial management to focus attention on areas needing

improvement which was the starting point for programs to control costs

and / or increase productivity.

. Accumulated and calculated all year-end tax reporting data for the Pelco

partnership, including all tax credits and book to tax adjustments.

Prepared calculation of quarterly income tax estimates and distributions

to partners. Subsequent full audit by the IRS and State of New York

resulted in no audit adjustments.

. Developed and submitted 1st detailed budget for Pelco as required by

Schneider Electric within 1st 10 days of ownership change. Business

partnering for sales and operations in development of annual budgets.

. Calculated quarterly bank covenant results as well as preparing bank

compliance statement. Also integrated covenant requirements into top

level forecasting required by bank syndication.

. Preparation and review of business cases. Recent business case was the

outsourcing and sale of fabrication activities and equipment of Pelco

Inc. to a 3rd party. Business case conclusion was to continue in-house

fabrication as the outsourced cost was a 50%-100% increase.

. Performed due diligence work for sale of Pelco partnership. Due

diligence analysis was limited to very small team due to highly

confidential nature of the sale.

. Finance representative in selection and implementation of manifest

freight system. Outcome of new system provided accurate freight costs by

activity for financial reporting and ability to provide best price and

service in transporting product to customers. New system also provided

accurate costs for accruals for unbilled freight charges.

. Prepared and reviewed monthly sales reports for executive staff,

including territory analysis, product sales, new product sales comparison

to forecast and customer discount analysis by product and dollars.

Sharon Rhodes Page Two

Sunrise Medical-HHG 1987 - 2000

Director, Accounting / Special Projects, Longmont, CO 1997 - 2000

Worldwide manufacturer and distributor of healthcare products. Coordinated

and managed system conversions. Conducted on-site troubleshooting for

problem divisions worldwide during company consolidation and implementation

of centralized procedures. Established adequate reserve levels, identified

procedural breakdowns and performed follow-up monitoring. Review of

internal controls and recommendations/implementation of controls.

. Eliminated recurring distortion in profit margins and inventory shrink by

uncovering $2M error in bills of material resulting from faulty cost

allocation practices in the U.K. division.

. Evaluated weaknesses in inventory systems for distribution centers and

Tijuana manufacturing division. Identified issues that overstated gross

margins by $300K and reduced inventory adjustments in Tijuana from 12%

($1M) to 3%.

. Assumed responsibility for integrating accounting data for sister

division's Mexico start-up.

. Reconciled and brought current a 3-year backlog in records in the

Australian division; brought accounting procedures back into compliance

with company policy.

Director, Accounting, SunMed Service, division of Sunrise Medical

Westlake Village, CA 1995 - 1997

Managed general ledger, accounts payable, payroll, billing, cash

applications, budgeting, financial planning/analysis and established

internal controls. Conducted financial reporting and budgeting of finance

division.

. Served as member of implementation team that designed and started up new

division in 8 months. Normal design and implementation of a new system

is 12-18 months.

. Responsible for system setup for interfacing financial modules. Tested

and proofed system with error free results in all modules during 1st test

attempt.

. Managed successful completion of shutdown of division and consolidation

to HHG with 66% reduction in staff.

Accounting Manager, Quickie Designs, division of Sunrise Medical

Fresno, CA 1987 - 1995

Managed cost and financial accounting functions. Budgeted for product

cost, established fixed assets system and collaborated with manufacturing

to implement target costing.

. Implemented cash posting system; saved $50K annually, improved posting

time and reduced Days Sales Outstanding by 1 to 3 days.

. Participated in development of cost accounting system for manufacturing;

saved $100K annually and provided improved information.

. Saved $80K annually by reducing physical inventories from 4 to 2 a year

while posting inventory adjustments of less than 1%.

. Performed due diligence work for acquisitions during period of rapid

expansion (2-3 companies a year). Reduced cost of single purchase by

$150K, from $210K to $60K.

Education

BS, Accounting, California State University, Fresno, CA

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