THOMAS L. SOVA, CPA
**** **** *** **, *****, Oregon 97304
Phone: 503-***-****, Cell: 503-***-****, Email: ******@***.***
SUMMARY
Accomplished, motivated senior executive with a proven record of
results. Consistently focused on improvements to bottom-line
profitability, productivity, on-time delivery and quality customer
service. An excellent coach and communicator who builds highly
motivated teams. Proficient in Microsoft Office, Excel, Word,
PowerPoint, Visio, comfortable with most databases and report
generators. Additional core competencies include:
Financial Stewardship & Controllership Financial
Management & Accounting
Financial Reporting & Consolidations Budget Management
& Forecasting
Asset & Investment Management JSOX & Sarbanes-Oxley
Compliance
GAAP Compliance & Auditing Technology Enhancements &
Process Improvements
Policies & Procedures Cash Flow Management & Banking
Relationship
Taxes & Risk Management Systems development &
Implementation
CAREER HIGHLIGHTS
. Lead management team to take ownership of customer caused delays
which resulted in the redefinition of the front end process that
produced a 100% improvement in on-time delivery, and 20% increase
in market share.
. Installed perpetual inventory, integrating parallel system for
improved accuracy (from 65% to 99.5%) and improved data integrity.
. Identified key areas for profit improvement and inventory
reduction for cash flow and profit recovery. Contributed to 30%
reduction in break-even; while stabilizing cost performance.
. Initiated identification, reclassification and changes in
inventory management, increasing sales and profits by $3M
annually. Negotiated inventory levels, doubling inventory turns.
PROFESSIONAL EXPERIENCE
Internal Audit, Fujimi Corporation
2008-Present
Determined audit scope and conducted audit fieldwork in compliance
with JSOX. Drafted and presented audit reports to senior management
and parent company.
Key achievements:
. Spearheaded efforts to assess internal control systems according to
corporate policies and procedures, which included identifying areas
of weakness and recommending improvements.
. Created and revised audit programs used to identify control
weaknesses in entity, IT and key business cycles.
Controller, Fujimi Corporation
2000-2009
Organized, staffed, trained and managed Financial and Accounting
department, including general accounting, accounts receivable and
payable, fixed assets, cost accounting, budgeting and cash management.
Key achievements:
. Obtained maximum allowable reduction in property taxes, saving over
$300K (45%) over two years.
. Established sales/use tax and income tax reporting in over 25
states.
. Managed banking relationships shipment to save .5% on loans and 1.5%
on FOREX.
. Key Lean MFG project member (Oregon grant) to review order to
shipping process, resulting in installation of MRP.
Plant Controller, York International
1999-2000
Key achievements:
. Completed MAPICS installation, establishing final linkage between
exception reports and users. Significantly improved accuracy and
integrity of the system.
. Re-engineered closing, Budgeting and Forecasting processes to meet
corporate requirements, improving accuracy and integrity of
reports. Reducing closing from 7 to 4 days.
. Established departmental reporting and Budgets, driving
responsibility to appropriate level for accountability.
. As driving agent of change, improved profits 20% of sales within
one year.
President and CEO, Assembly Management Group, Inc.
1995-1997
Managed a business growing at 10% per month. Negotiated with customers
and suppliers, motivated employees. Initiated quality manual (ISO 9002
Complaint) and associated quality systems to meet needs of aviation
and high tech customers.
Key achievements:
. Recognized as one of Oregon's 100 Fastest Growing Private Companies
for two consecutive years.
Division Controller, Praegitzer Industries, Inc.
1993-1994
Key achievements:
. Implemented Activity Based Costing;
Supported ISO 9000 Certification.
Manager of Finance and Administration, Siltec Corporation
1986-1993
Commodity made to order. Turn-around situation, with annual growth
rate in excess of 30%.
Key achievements:
. Participated in the implementation of Total Quality Management and
Statistical Process Control.
. Revamped standard cost system based on industrial engineering
standards and physical/chemical parameters for accurate costing of
the product.
. Increased efficiency of accounting organization, increasing sales
300% with 40% increase in accounting organization. Reduced closing
cycle from ten days down to four days.
. As Acting Materials Manager, improved responsiveness of Materials
organization in Material Requirements Planning, distribution,
warehousing, purchasing and traffic.
Corporate Controller, Treasurer, Electronic Technology Corporation
1983-1986
Venture start-up company. Organized, staffed, trained and managed
corporate accounting and business functions, including General
Accounting, Payroll, Personnel, Purchasing, Order Administration,
Shipping/Receiving and other administrative functions. Created manual
and installed automated systems to support operational and
informational requirements of a rapidly growing company.
Location Controller, Recticon Corporation, Subsidiary of Rockwell
International 1978-1983
Key achievements:
. Administered the preparation and evaluation of the Five Year
Strategic Business Plans, Annual Operating Plans and Capital
Acquisition Plans. Doubled sales and volume with no increase in
overall division manning.
. Built standard cost system based on industrial engineering
standards and physical/chemical parameters for accurate costing of
the product.
. Actively participated in the planning and management of a facility
relocation and expansion, with minimal downtime, while maintaining
95% on-time delivery.
. Established compensation plan, benefits package, employee manual,
performance reviews, incentive plan and managed Human Resources
function.
. As Acting Operations Manager, increased production over 50% to
rated capacity while balancing the production line and improving
yields. Reduced production lead-time from eight weeks down to two
weeks.
Financial Analyst, Collins Radio, Rockwell International
1973-1978
Key achievements
. Created forecasting models to evaluate business strategies and
alternatives to facilitate quick response to business
opportunities.
. Facilitated communication between functional areas and parent and
location managers for mutually beneficial progress toward company
goals.
. Supported interface between location's general ledger and reporting
into Corporation's reporting system.
. Conducted various training classes, including "Understanding
Production variation", "Budget Preparation", and "Interpreting
Financial Statements".
Staff Auditor, Alexander Grant and Company, CPA
1972-1973
Education:
Drake University, BS in Accounting
Certified Public Accountant (CPA) Iowa