Management Accounting

Robert Albrecht; CPA, MAcc

Home Phone: 801-***-****

Cell Phone: 801-***-****

Email: **********@*******.***

A versatile finance executive with more than 25 years of leadership in

improving bottom line performance by creating financial management systems

for both small and large businesses across a diverse range of industries.

Customized financial planning, accounting and reporting solutions in line

with overall strategic objectives to assist management in maximizing

profits and other organizational objectives. A proven record of success in

designing & improving systems for cost and project accounting, mergers &

acquisitions, budgeting and forecasting. Able to deliver substantial cycle

time reductions and cost savings by streamlining key processes.

Demonstrated a track record of building, training and leading talented

teams of financial professionals.

Financial Leadership [pic] SEC Reporting [pic] Sarbanes Oxley [pic] Cost

Accounting [pic] Internal Management Reporting [pic] Due Diligence Analysis

Selected Accomplishments

. Designed and implemented cost accounting systems and internal management

reports in five companies identifying an aggregate of over $3 million in

cost savings and supporting the investment of over $2 million in capital

acquisition funds.

. Designed budget models and prepared over 10 budgets for manufacturing,

mining, distribution and service industry companies identifying potential

annual savings of more than $5 million. Budgets were prepared using

bottoms up and historical trend techniques in organizations which before

that time had no budget structure in place.

. Implemented the Internal Audit function for a $600 million conglomerate

comprised of over 55 companies each with its own independent accounting

function. Performed the section 404 Sarbanes Oxley analyses for each

company.

. Took over the accounting function for five companies with un-reconciled

financial records and no internal controls. Organized the accounting

records in time for the subsequent external/internal audit receiving high

commendations.

Career Summary

Tatum, LLC [pic] Principal, 2006 - present

. Served numerous clients ranging in size from 1.2 billion to 20 million

in revenues.

. Set up client ERP system and related accounting system for new startup

company and had accounting operations taking place within one month.

. Assisted client in preparing for a three year look back audit in

conjunction with an acquisition by a PEG. Helped in the conversion of

financial records from Quickbooks to Great Plains software.

. Prepared budget and cash flow projections and designed monthly reports

for management and the Board of Directors.

. Identified $150,000 of vendor billing errors preserving cash flow and

minimizing borrowing against bank financing lines.

. Assisted management with understanding monthly income variances by using

the annual plan and related product mix information to identify reasons

for the variance in terms of sales performance by product line and cost

of product.

. Reconstructed Percent Complete Construction Accounting spreadsheets in

accordance with GAAP and assisted in the review of other balance sheet

accounts to prepare client for their financial audit.

. Built excel models for a 1.2 Billion manufacturing company used to

identify the cause of Gross Margin compression of a 155 million product

line. Also built excel models for freight logistics between various

suppliers and manufacturing plants used to reduce freight costs by over

$500,000.

. Took over accounting operations for a client whose Controller suddenly

terminated his employment. Within two weeks the bank reporting system

and month-end close system were learned with very little training.

Reports were prepared and submitted earlier than with the previous

Controller had done.

Robert Half International [pic] Accounting Project Consultant, 2006

. Recreated a Dec 31 roll back perpetual inventory listing from four months

of transactions without the aid of monthly system reports. Transactions

covered 45,000 line items of detail. Report accepted by KPMG for year-

end audit purposes.

. Reconciled numerous general ledger accounts too complex for in house

accounting staff providing management a clear understanding of statement

balance composition and control weaknesses.

. Organized monthly reporting systems to assist management in understanding

financial statement trends and variances from budget.

. Developed excel models of financial data to provide management job

costing information not previously available through system reports.

This information identified significant control weaknesses in bid

preparation and expense tracking on major projects.

United Subcontractors, Inc. [pic] 2002-2006 (Annual revenues in excess of

600 million)

. Internal Audit Manager - conducted internal audits of 55 branches

assessing internal controls and reviewing transactions to establish

compliance with corporate policy and procedure.

. Set up internal audit program achieving management objectives as well as

providing external auditors a basis of assessing internal control

strengths required in conducting USI audits.

. Trained Regional Controllers on internal controls to remedy weaknesses in

accounting systems found in branches in their regions.

. Prepared audit reports used to communicate audit findings to the Board of

Directors as well as Regional and Branch Management.

Karman Kitchens [pic] 2001 - 2002 (Annual revenues 25 million)

. Corporate Controller - responsible for developing a standard costing

budget system for a cabinet manufacturing company. Identified the

various phases of the manufacturing process and standard costs of various

products moving through the phases.

. Set up systems to track actual costs associated with all phases and

compare those costs to standard. As a result, actual net income compared

to budget was explained in terms of material and labor departures from

expected norms.

. Managed the cash flow process of the company which was insufficient to

meet normal operations. Worked closely with vendors and customers to

manage inflows and outflows to sustain operations.

. Developed effective communications with lenders by reconciling borrowing

base reports to financial statements maximizing available funds and being

straight forward with company needs.

Pen Interconnect [pic] 1998-2001 (Annual revenues 20 million)

. CFO, Corporate Controller - Created the manufacturing budget based on

operational parameters identifying over $800k in cost savings.

. Assumed responsibilities of a department with high turnover, hired

quality personnel and eventually reduced headcount by 16%.

. Performed strategic analysis on four merger/divestiture opportunities

yielding a potential increase of $5 million in annual profits.

. Prepared SEC reports, managed completion of the annual audit and 10K

preparation while inheriting un-reconciled accounting records.

Summit Family Restaurants/Star Buffet [pic] 1997-1998 (Annual revenues 60

million)

. Corporate Controller - Prepared monthly financial statements and SEC

reports. Oversaw annual audit and audits required for merger/acquisition

opportunities per SEC requirements. Oversaw Accounts Payable, Accounts

Receivable, Payroll and General Ledger clerical staff. Company went

through a restructuring and consolidated the corporate offices in

California.

Laidlaw Waste Systems Inc. [pic] 1995-1997 (Annual revenues 700 million)

. Market Area Controller responsible for developing a budget model for the

waste industry used in management meetings and corporate budget

presentations realizing improvement in annual profits by over $500k.

. Took over accounting departments for five divisions that had few controls

in place and no balance sheet reconciliations. Received an outstanding

corporate internal audit report within six months of date of hire.

. Initiated and performed capital and business acquisition analysis on over

$3 million in opportunities realizing an additional profit potential of

over $400k.

KPMG [pic] Audit Staff

. Assisted with the audits of various financial, agricultural and

manufacturing clients.

Education

Brigham Young University [pic] Master's Degree, Managerial Cost Accounting

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