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Accounting Manager

Location:
Akron, OH
Posted:
May 31, 2013

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Resume:

PATRICIA J. PARR, CPA

**** ********* ****, *********, ** 44286

ab89xa@r.postjobfree.com ? Home 330-***-**** ? Cell 330-***-****

FINANCIAL EXECUTIVE

Chief Financial Officer / Controller / Accounting Officer

Financial Executive with over 11 years of diverse leadership experience

with publicly held, multi-national $1.7 billion manufacturer and over 13

years of audit experience with two Big 4 public accounting firms. Strong

technical and organizational skills with the ability to implement

innovative solutions to complex financial challenges and business

initiatives. Leader and team builder with proven communication and people

development skills. Experienced in interacting with the Board of

Directors. Demonstrated accomplishments in:

Financial Management International Business

Treasury Audit & Internal Controls

Accounting & Reporting Credit Management

Acquisitions, Divestitures, & JV's SEC Reporting

Spin-offs & IPOs Sarbanes-Oxley

Banking Relationships Financial Planning

PSC METALS, INC.

$1.1 billion scrap metal recycling company engaged in collecting,

processing and selling ferrous and non-ferrous metals. Operating in 48

facilities in the US and Canada, PSC Metals is one of the largest scrap

processors in North America. The Company is owned by Icahn Enterprises

L.P. (NYSE:IEP), an $8.0 billion diversified public holding company engaged

in a variety of businesses.

Corporate Controller & Assistant Treasurer (2008 to present)

. Function as the Company's chief accountant to ensure compliance with

generally accepted accounting principles.

. Manage the corporate accounting function, including consolidations and

reporting, SOX compliance, cash management, accounts payable, payroll,

pension accounting, and accounting policies and procedures. Direct the

annual audit and quarterly reviews with external audit firm.

. Provided accounting and tax advice and services for nine acquisitions

over the past two years.

QUALITY SYNTHETIC RUBBER, Twinsburg, OH

Privately-held manufacturer of precision tooling and molded elastomeric

components for the automotive and medical industries, with operations in

the USA, Austria and China.

Chief Financial Officer, Treasurer & Secretary (2005 to 2008)

Responsible for all finance related functions, including accounting,

operational analysis, financial reporting, treasury, risk management,

employee benefits, tax compliance and planning, and investment management.

. Managed all financial aspects of start up of manufacturing operation in

China, including plant set up, initiation of a Hong Kong office for the

operation of the "Hong Kong U-turn" for in-country sales, followed by an

analysis of process trading versus general trading for doing business in

China . China operation increased from start-up to over $ 2 million in

volume in 2 years.

. Led all financial efforts to sell this privately-held company to a

private equity firm, which was completed in late 2007.

GROSS SCHECHTER SCHOOL, Cleveland, OH

Privately-held Jewish school which educates nearly 300 children in pre-

school through grade eight.

Director of Operations, CFO (2002 to 2005)

Chief Financial and Administrative Officer responsible for all non-

educational areas of school management, including finance and accounting,

facilities, food services and nutrition, security, risk management,

investment management, purchasing, employee benefits and interaction with

the Jewish Community Federation and government agencies.

OMNOVA SOLUTIONS INC. (formerly GenCorp Inc.), Fairlawn, OH

$800 million manufacturer of performance chemicals and decorative polymer

products. GenCorp, Inc. prior to spin-off was a $1.7 billion manufacturer

of aerospace and defense, automotive and various polymer products.

Corporate Controller & Principal Accounting Officer (2000 to June 2001)

Director, Audit, Accounting and Tax (Principal Accounting Officer)(1995 to

2000)

Director, Accounting and Tax (1994 to 1995) ? Director, Corporate

Accounting (1990 to 1994)

Managed the corporate accounting and reporting, financial planning and

analysis, tax, internal audit and payroll functions which included 22

people with an annual budget of $2.5 million.

. Managed necessary changes to continually downsize functions from 55

people in 1990 to 22 people while maintaining high level of productivity.

. Directed all financial aspects of spin-off of Omnova Solutions from

GenCorp including SEC registration process, obtaining tax-free status

ruling from IRS, developing methodology to split consolidated net assets

as well as pension assets, support for the legal solvency opinion, and

the operational aspects of related transition agreements. Registration

statement cleared SEC in two rounds with less than 25 comments.

. Functioned as chief liaison with Board Audit Committee responsible

for planning meetings, coordinating speakers, preparing the committee

chairman and making most of the presentations. Board presenter for over

10 years on audit and accounting issues.

. Restructured audit function from one that included primarily career

auditors to a dynamic function that rotated new hires through the

function and into operational finance positions in the field.

. Supervised project that resulted in $144 million federal tax refund

for R&D credit which involved thousands of hours of work until ultimately

approved by the Joint Committee on Taxation of Congress.

. Managed cross-functional team that studied the impact of SFAS 106 on

the Company's retiree medical liability and implemented plan changes that

reduced the liability from $800 million to $400 million before the

required implementation date.

. Developed orientation program for new plant controllers to introduce

the corporate staff and related functions, company accounting policies

and corporate interfaces.

. Provided accounting and tax advice and services associated with 13

acquisitions and equity joint ventures and many divestitures over a five

year period including all areas of purchase accounting. Advice on equity

JVs was particularly critical to enable continued consolidation of the

businesses contributed to the ventures.

. Utilized strong accounting and reporting skills in the areas of stock-

based compensation, income taxes, business combinations, restructurings,

environmental reserves, pension and retiree medical liabilities,

intangibles and revenue recognition.

ERNST & YOUNG, LLP, Cleveland, OH

Principal (1987 to 1990)

TOUCHE ROSS & CO., Cleveland, OH, Washington DC, & Richmond VA

Senior Manager (1983 to 1987) ? Manager (1980 to 1983) ? Auditor (1976 to

1980)

Provided audit, accounting and business advisory services on 9 to 15

clients annually. Specialized in large and/or publicly held companies.

. Managed due diligence projects and consulted on complex SEC filings

for the Hallwood Group. Included $100 million restructurings of Brock

Hotel Corp. and GCA Corp, and acquisitions of a Dutch bank and a British

real estate developer.

. Managed services on proposed merger of U.S. public client and Swiss

bank which included complex multi-national registration statement and pre-

clearance conference with the SEC.

EDUCATION / AFFILIATIONS

B.S. Accounting, Virginia Commonwealth University

Certified Public Accountant, Virginia and Ohio

Financial Executives International and AICPA



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