Plant Controller

DAVID M. De ANGELO

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

Hoschton, Georgia 30548

**********@***.***

Home 678-***-**** Cell 910-***-****

ACCOUNTING / FINANCIAL MANAGEMENT

MULTI-SITE PLANT CONTROLLER / DIVISIONAL CONTROLLER

Results-oriented Controller / Finance professional with a proven record of

increasing revenues, controlling cost and guiding companies through

organizational change. Experience directing accounting operations at Multi-

Site Plant and Divisional levels, including consolidations, budgeting,

financial reporting, cost accounting, product profitability, cash flow

forecasting, annual tax returns, and financial analysis. Earned Sarbanes-

Oxley credits through AMA. Skilled in the implementation of cost reduction

initiatives utilizing Six Sigma and Lean methodologies. Proficient with

Excel, Microsoft Word, Glovia, People Soft, SAP Mapping & Implementation of

the FI / CO modules Collier Jackson, BPCS, JD Edwards, Hyperion, Cognos,

AS400

PROFESSIONAL EXPERIENCE

ROPER PUMP INC., Commerce, GA December 2009 - Present

$50M division of a $2.5B Diversified Corporation

Operations Manager

August 2011 - Present

Formalized processes and procedures to absorb a 41% increase in sales,

while increasing on time delivery from 75% to 97%, reduced employee cost

2.5% and increased employee satisfaction 10 basis points.

. Responsible for all manufacturing and shipping operations for 109

people with nine direct reports.

. Institutionalized lean concepts, KPI's, analytical tools, provided

training on lean tools and analytics.

. Reviewed and updated reorder points, safety stock, and lead time, which

reduced inventory $600,000.

. Created a business excellence platform to improve efficiency and on

time performance.

Assistant Controller December 2009 - August 2011

Assist with the annual budget process, monthly financials, variance

analysis, monthly forecast, general accounting, cost accounting, capital

expenditures, A/P, payroll, inventory control, fixed assets, sales

analysis, customer and product profitability, annual tax forms, Sarbanes-

Oxley compliance and annual audit.

. Implemented inventory controls resulting in the lowest inventory

adjustment in the company's history.

. Established procedures to monitor customer and product profitability,

Initiated the variance review process.

. Prepared annual budgets, quarterly forecasts, annual tax package and

complied with Sarbanes-Oxley.

ELKAY MANUFACTURING CORPORATION, Lumberton, NC April 2002 - December

2009

$250M stainless steel sink plant for an American manufacturer of stainless

steel sinks and cabinets

Multi-Plant Controller

Directed all accounting / finance operations for three manufacturing

facilities and two distribution centers. Accountable for the annual budget

process, monthly financials including variance analysis and monthly

commentary, monthly forecast, general accounting, cost accounting, capital

expenditures, A/P, payroll, inventory control and fixed assets.

. Participated in hiring several senior plant level positions and

directly supervised five members in the financial group.

. Designed a model to determine the lowest cost producer of finished

goods.

. Designed and implemented a system to monitor capital investment as well

as all operational capital appropriations.

. Negotiated and wrote several vendor contracts and supervise purchaser.

. Prepared and presented a basic financial class for supervisors and

managers to manage their respective monthly expenditures and budgets.

. Made process improvement recommendations that contribute an annual

savings of $1.1M.

. Formalized procedures for inventory cycle counting that eliminated one

of the bi-annual physicals in 2003, thus eliminating all annual

physicals.

. Wrote and modified several internal control documents to improve

process flow and security of company assets as well as

institutionalized the concept to capitalize variances.

. Actively involved with the daily production, shipping and plant

operations, basic knowledge of lean and cellular manufacturing and the

theories of constraint.

De ANGELO, DAVID M. Page 2 of 2

ALSTOM TRANSPORT, INC., Rochester, NY September 2000 - April 2002

$150M division of a European manufacturer of transportation communication

systems

Finance / Cost Accounting Manager

. Designed and implemented formal analysis and review of variance,

departmental expenses, productivity, inventory levels and made

recommendations for improvement.

. Implemented a fully absorbed cost accounting system including

capitalization of variances.

. Prepared monthly forecasts, annual budget and a three-year plan.

. Analysis of multiple product lines and inter-company sales.

. Formalized procedures for cost accounting, forecasting, fixed assets

and general accounting.

. Performed time and motion studies and audit of the standards

established by engineering.

. Implemented SAP Finance and Controlling modules and wrote the required

documentation and manuals.

BARCO, INC., Kennesaw, GA February 1999 - June 2000

$90M division of a European manufacturer of telecommunication systems

Division Controller

Prepared consolidated profit and loss statements, balance sheet, statement

of cash flows, monthly forecast, fiscal budgets, annual tax forms and a

five-year business plan for North America and Mexico.

. Designed and implemented procedures for purchasing, receiving, credit,

travel policy and a standard cost accounting system.

. Analysis of multiple product lines and inter-company sales.

. Translation of foreign currencies to US dollars converted to the EURO.

PANOLAM / DOMTAR INDUSTRIES, INC, Norcross, GA May 1996 - Feb 1999 /

Apr 1988 - Jan 1992

$200M division of a Canadian manufacturer of laminated materials

Plant Accountant

. Preparation of profit and loss statements, balance sheet, statement of

cash flows, forecast, fiscal budgets and annual tax forms. Supervised

payables, receivables, inventory control and inventory valuation,

human resources and MIS.

. Assisted in the implementation of BPCS accounting software system.

Cost Accountant

. Analysis of a variable standard cost accounting system and allocation

of indirect cost.

. Responsible for inventory accuracy and valuation. Performed sales

margin and sales mix analysis.

. Performed time and motion studies in the packaging department.

MOHAWK INDUSTRIES, INC., Calhoun, GA March 1993 - May 1996

$1.8B U.S. manufacturer of yarn, carpet and rugs

Cost Accounting Manager / Mill Accountant

Consolidated three costing methods into one fully absorbed standard

costing method and formalized accounting procedures in accordance with US

GAAP.

. Prepared monthly financial statements, annual budgets, forecasts for

three manufacturing facilities and analyzed sales margins for multiple

product lines. Interact with sales, marketing and planning of new

products.

. Analyzed actual cost with standard cost, allocated variances to

multiple product lines and valued inventories in house as well at

several outside processors. Supervised the calculation and input of

standard cost.

. Interact with MIS to develop and implement data processing systems and

reports.

Cost Accounting Manager, Dillon, SC

. Supervised the calculation and input of standard cost and monthly

closings. Analyzed a fully absorbed standard cost system for the yarn,

carpet and sample mills and valuation of all inventories.

. Assisted in the preparation of fiscal budgets for three manufacturing

facilities.

IVEX PACKAGING, Madison, GA January 1992 - March 1993

$30M division of a U.S. manufacturer of thermoforming and corrugating

materials

Cost Accounting Manager

EDUCATION

Bachelor of Science Degree in Accounting - August 1987, Utica College of

Syracuse University, Utica, New York Passed the Uniform CPA Examination

November 2003

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