Management Manager
Resume:
Wayne Adcock
770-***-**** (cell) Monroe, Georgia 30655 ***********@*****.***
http://www.linkedin.com/in/wayneadcock
PROFILE
SENIOR FINANCIAL MANAGER
Industrial Manufacturing
Accomplished Senior Finance Manager with extensive professional experience solving financial challenges
and improving business performance in industrial manufacturing environments. Extensive credentials in
controllership, treasury, and accounting management. Proven ability to improve operations, impact
business growth, and maximize profits. Proficient in cost reductions and implementing internal controls
and processes. Experienced in the major functional segments of multiple facility manufacturing
operations including acquisitions, consolidations, divestitures, and plant closures. Strong proponent of
using new technology and applications to achieve efficiency gains.
CORE COMPETENCIES
P & L Management Strategic & Financial Planning Asset Management
Financial Analysis/Reporting Financial & Accounting Management Cost/Benefit Analysis
Cash Flow Management Capital Budgets & Audit Management Contract Negotiations
Projections & Forecasting Customer Relationship Management Team Builder & Leader
SELECTED PROFESSIONAL ACCOMPLISHMENTS
Increased company profitability by reducing operating expenses. Analyzed operating expenses,
requested competitive bids on services, changed vendors when advantageous, and renegotiated other
vendor service provider agreements and equipment leases . IMPACT: Reduced operating expenses on an
ongoing basis by $130K.
Arranged financing and tax abatement for $5M plant expansion project. Assisted in planning
and determining the capital needs for the project. Worked with local development authority to arrange
financing with industrial revenue bonds . Conducted presentations requesting a 5-year phase-in of ad
valorem taxes on the project. IMPACT: Received favorable tax abatement. Saved $90k over 5 years.
Created critical financial information flow. Provided each department with information relative to
its specific function so informed business decisions could be made . IMPACT: Improved communication
among departments in the company which led to increased sales volume and profitability.
Implemented new ERP system. Selected and implemented fully integrated ERP system which
facilitated the assimilation of data to operate the business more efficiently. IMPACT: Streamlined the
closing process as well as the amount of manually generated data.
Performed due diligence on acquisition. Assisted corporate team in evaluating acquisition.
Negotiated the purchase of the company and trained staff. IMPACT: Completed the acquisition and
integrated the company into existing corporate systems.
TECHNICAL SKILLS & APPLICATIONS
ERP Systems (MAPICS and BPCS), AS400, Microsoft Query
Microsoft Excel, Word, Access, PowerPoint, Great Plains, Logic
Hyperion Enterprise, Fidelity Workbench, ADP, Ceridian, CertiPay
EDUCATION
M.B.A., Business Management – Brenau University, Gainesville, GA
B.B.A., Accounting – The University of Georgia, Athens, GA
Wayne Adcock
770-***-**** (cell) Monroe, Georgia ***********@*****.***
http://www.linkedin.com/in/wayneadcock
PROFESSIONAL EXPERIENCE
ADCOCK CONSULTING SERVICES, Atlanta, GA 2011 – Present
Financial Consultant
Contract with professional clients to provide financial and information technology services.
Review existing processes, systems and internal controls.
Analyze intercompany procedures and autonomous multiple location operations.
Recommend systems and accounting cycle improvements.
WALTON PRESS, INC., Monroe, GA 2003 – 2011
Controller / Chief Financial Officer
Directed the team tasked to perform wide range of financial and treasury services for the company.
Maintained accounting and reporting procedures to conform to published policies.
Coordinated cash management, banking, insurance, and audit relationships.
Provided human resources and fringe benefit administration.
Performed strategic planning, budgeting, forecasting, financial statement preparation and analysis .
Maintained internal control development and implementation, physical inventory procedures and
reconciliation, fixed asset management, tax reporting, period e nd closing procedures, and audits.
ADCOCK CONSULTING SERVICES, Atlanta, GA 2002 – 2003
Financial Consultant
Contracted with professional clients to provide financial and information technology services.
Documented processes and internal controls.
Conducted ERP set-up and documentation, budget development and input.
Performed period-end closing and financial statement preparation.
KYSOR/WARREN, DIVISION OF KYSOR INDUSTRIAL CORPORATION, Conyers, GA 1980 – 2002
Vice President, Finance (2001 – 2002)
Performed the duties of the Division Controller.
Directed the efforts of the team tasked to perform wide range of financial services for the division.
Maintained accounting and reporting procedures to conform to published policies.
Prepared Monthly operations and weekly 9-week rolling cash forecasts.
Directed annual budgeting, five-year planning, and capital spending control.
Coordinated $14 million plant closure/relocation budget of major manufacturing facility.
Implemented gross margin based salesmen incentive plan.
Prepared detailed monthly analysis of operations for the Division President.
Led the financial team in the upgrade of system software.
Division Controller (1988 – 2001)
Managed the division with revenues of up to $180 million and 1,100 employees.
Worked extensively in internal control development and implementation, physical inventory procedures
and reconciliation, fixed asset management, tax reporting, period end closing procedures, and aud its.
Collaborated in the construction, start up, and systems implementation of two manufacturing facilities.
Served as division representative on due diligence team and the completion of two major acquisitions.
Managed $4M budget for the closure of two small manufacturing facilities located in the mid -west and
the relocation of the product lines into existing facilities in Georgia.
Implemented financial modules including the interfaces with all modules of an integrated ERP system.
Served as finance representative during union labor negotiations.
Cost Accountant (1980 – 1988)
PROFESSIONAL ASSOCIATIONS
Institute of Management Accountants
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