James Marx
* *** ******, ******, ** *****
H: 781-***-**** C: 339-***-****
******@*******.***
Professional Profile
Meticulous, resourceful and bottom-line responsive senior-level financial
and operations specialist with an extensive track record of devising
processes and procedures to maximize profits and reduce excess expenses
through thorough analysis of all integral systems. Proficient at
organizational scaling, process improvements and efficiency strategies.
Keen ability to build cohesive project teams and implement multiple,
simultaneous projects with outstanding results.
Core Competencies
FP&A
Cost Accounting
General Ledger/P&L
Expense/Cost Management
Oracle
Hyperion
Syteline
PeopleSoft Implementation
Sarbanes-Oxley
Operations Scaling
Inventory Management
International Tax Support
Selected Accomplishments
. Implemented new general ledger interface between remote location and a
shared services center that reduced local staffing requirements by 25%
Redesigned engineering, reduced materials cost and improved manufacturing
costs reducing overall of a main product by 40% in a 9-month period
Reduced working capital 70% by increasing inventory turns by 50% and
reducing AR DSO by 15%
. Developed and implemented inventory reduction program that generated a
75% reduction in levels
Consolidated fixed asset base by 45% with either selling or relocating
existing assets
. Managed a worldwide team of 20 people, in 5 locations and 4 countries in
a green belt project that designed, developed, and implemented a web-
based offset pricing model that enabled quoting of local pricing from any
location, reducing quoting time on internet bids from 2- 3 weeks to 4
days
Professional Experience
Director of Procurement 2007 -
Present
Fuel Tech, Hooksett, NH & Warrenville, IL
. Responsible for overall supply chain management from approved drawings
to delivery of fabricated products to the project site including QA/QC
of fabricated products, pricing of new proposals (cost plus basis),
and GM tracking versus proposal GM
. Member of company integration team between Hooksett, NH and
Warrenville, IL locations.
. Developed cost plus pricing process to standardize pricing and
tracking forecasted GM to realized GM
. Increased gross margin and on time delivery due to competition from
suppliers for fabrication of products
. Working with drafting and engineering teams, improved the quality of
drawings to decrease redrawing and decrease total fabrication times
Regional Controller/Finance Manager 2003 - 2007
Avery Dennison, Framingham, MA
. Responsible for finance performance for 3 Retail Information Services
(RIS) locations with a staff of 15
. Accountable for AR, AP, CA, GL, and FPA
. Supported North and South America Finance teams with focus on spending
trends, ramp up and down of manufacturing, and special projects as
required for the RIS Division
. Project manager of Sarbanes-Oxley compliance project for North
Carolina sites
James Marx Page 2
Finance Manager 2002 -
2003
Sycamore Networks, Chelmsford, MA
. Responsible for cost accounting, consolidation of internal forecasts
and actual results
. Business analyst for the IT, Facilities and G&A cost centers
. Developed and implemented a bi-weekly forecasting model and directed
the consolidation of the forecasting process with special empathizes
on cash flow
. Developed and consolidated the yearly budget process with what-if
scenarios for potential RIF analysis with the effects on spending,
income, cash flow, and balance sheet
Cost Accounting Manager 2001 - 2002
Koch Membrane Systems, Wilmington, MA
. Responsible for cost accounting and payroll functions, as well as
business analyst for the manufacturing team at 3 production plants
with annual sales of $80M
. Directly supervised five accounting professionals
. Coordinated budget process that developed departmental spending, new
standards, overall budget goals
. Redesigned costing process with focus on fully absorbing production
costs to more accurately reflect current production costs; rolled
standard costs for first time in three years
. Developed valuation method for ROI decisions for potential new capital
equipment acquisitions
Sr Financial Analyst & Cost Manager 2000 - 2001
InfoLibria, Inc., Waltham, MA
. Responsible for cost setting, inventory accounting, and cost of goods
recognition
. Analyzed business needs for the Operations, IT, and Facilities cost
centers including detailed budgets
. Developed list pricing strategy and discount policies for US, Europe
and ROW markets
. Negotiated with leasing firms and closed on $1.2 million of capital
leasing for new facility
Cost Accounting Manager & Finance Analyst 1997 - 2000
GenRad, Inc., Westford, MA
. Responsible for inventory accounting and financial analysis for a
$375M capital equipment company
. Analyzed business needs for the Operations, IT, and Facilities cost
centers including detailed budgets
. Tracked inventory worldwide at 15 separate locations and 8 different
countries
. Financial member of manufacturing facilities transition team that
saved the company $2.5M
. Group leader of the inventory reduction team that generated a 40%
reduction in inventory levels
. Analyzed manufacturing group buildup of 100% and reduction of 40% of
production capacity due to changes in business
conditions
Senior Business Analyst/ Financial Analyst 1995 -
1997
Wright Express Corporation, South Portland, ME
. Responsible for creating a yearly budget, establishing a cost
accounting system, generating P&L, Balance Sheet, and Cash Flow
statements and developing gross margin, list pricing, and discount
models for pricing new products and markets for a $50 million
financial services corporation growing at 60% per year
Manager Financial Planning and Analysis 1992 -
1994
ImmunoGen Inc., Cambridge, MA
. Responsible for corporate-wide budgeting, cost accounting and
administration of the account software package for a 200-person
biotech company
Education
Master of Business Administration, Finance - University of Massachusetts at
Lowell
Bachelor of Science, Business Administration and Finance - University of
Maine at Orono