UNDINE SCHWARZ, MBA MS
***** ***** *****, ********, ** 90503
Cell 310-***-**** Home 310-***-**** Email: ***************@********.***.***
EXECUTIVE SUMMARY
Senior Financial/Accounting Executive with expertise in accounting, finance, administration, human resources, and information systems, and improvement and remediation of operational issues, implementation processes, procedures and systems for small/medium sized manufacturing, distribution, and retail firms. Team builder with accomplished collaboration, negotiating, and partnering skills. Organizational guru focused on process improvement and resource management to achieve growth and profit goals. Excellent analytical, problem solving, and interpersonal skills.
Professional ExPerience
SOS METALS INC, Gardena, CA/SOS Metals Island Recycling/Schnitzer Steel Industries Sept 2008-Dec 2010
$100 million private Aerospace Metals Recycler
Corporate Controller – group of 26 companies worldwide
1. Report to CFO of Family run Entrepreneurial firm
2. Manage Accounting, Taxation, Human Resources, Risk Management
3. Maui Division sold to Schnitzer Steel Industries September 2010
KEN CRANE’S HOME ENTERTAINMENT INC, Hawthorne, CA (out of business July 2010) 2006 - 2008
$60 million private Regional retailer of high-end Audio and Video equipment
Vice President, Finance
Managed Finance, Accounting, Taxation, HR, MIS, Treasury, Risk Mgmt, and G&A, with 10 direct reports.
1. Led accounting process improvement resulting in strengthening of internal controls to comply with GAAP and reduced audit time by 30%.
2. Upgraded IT infrastructure (adding LAN) producing a 50% reduction in report processing times.
3. Developed business policies and practices to comply with labor laws; including design and implementation of personnel procedures, job descriptions, and human resource safety manuals.
4. Restructured risk management policies, increasing coverage and effecting a 20% reduction in cost.
5. Chaired team to research and select Point-Of-Sale software/hardware to replace legacy system.
6. Reorganized Sales Commission reporting system resulting in 95% fewer errors.
7. Negotiated with multi-location utility, property and maintenance vendors for better economies of scale, reducing costs by 15%.
8. Collaborated with financing/credit card firms for better rates, resulting in 10% cost reduction.
TECHFLEX PACKAGING/OCEAN DIRECT FOODS, LLC, Hawthorne, CA 2003 - 2006
Private manufacturer of flexible packaging products/$100MM Food Distribution to prime government vendors
Corporate Controller
Managed accounting, Human Resources, Risk Management, Taxation, Treasury, and Inventory control/costing.
1. Food distribution revenue increased from zero to $117M in 2 years
2. Restructured Inventory Control with cycle counting, resulting in 33% decrease in labor.
3. Restructured/upgraded Product Costing with custom software, thereby identifying and eliminating or replacing over 40 non-profitable products.
4. Structured AR/AP controls to comply with GAAP, resulting in reducing audit times by 50%.
5. Systematized HR, Accounting, Banking controls, and protected assets according to GAAP.
6. Upgraded Benefits and Insurance, promoting employee/employer relationships.
Masters Program at Claremont Graduate University 2001 - 2002
SOUTHWESTERN INDUSTRIES INC., Rancho Dominguez, CA 1982 - 2000
$52 million private manufacturer of machine tools and high technology measurement controls, (CNC)
Controller, Officer, and Director
Undine Schwarz Page 2
Reporting directly to the CEO, served as Secretary of the corporation, and member of the Board of Directors. Performed chief financial officer functions including all finance, taxation, accounting, administrative, human resources and information/system/technology functions, with 9 direct reports. Served on senior executive team, increasing annual company revenue from $4 million to $52 million, while maintaining profitability in the 99th percentile of the industry.
Finance, Accounting, and Taxation
1. Maintained general ledger, and Capital Asset Accounting software, and prepared tax returns for 20 states, including corporate income, monthly sales, property tax, and annual reports.
1. Prepared consolidated financial statements, California and IRS tax returns for S-Corp and 2 international subsidiaries in Belgium and Puerto Rico.
2. Successfully completed 5 IRS audits, with company owing only $65.
Treasury and Risk Management
1. Managed cash investments of $30-$45million, contributing 15-25% of net profits annually.
2. Developed effective banking relationships, establishing superior service, and eliminated debt in 7 years.
3. Negotiated lines of credit up to $5 million, providing letters of credit for international suppliers.
4. Minimized costs by annually negotiating insurance policies for general and product liability insurance.
Inside Sales and Marketing Support
1. Developed and implemented company wide sales reports and analyses used by top management where previously none existed.
Human Resources
1. Supervised payroll of $5 million annually, ensuring compliance with governmental regulations.
2. Managed company/employee conflict management with workers’ compensation and state unemployment agencies.
3. Maximized employee benefits, negotiating health, life, disability insurance policies and 401K Plan for 190 employees, resulting in reduced costs and increased employee retention.
4. Planned and coordinated company special events, increasing company morale and employee retention.
Information Systems
1. Coordinated implementation of 3 major ERP upgrades resulting in a 15% increase in staff productivity.
Assistant Controller
Business Analyst
EDUCATION/PROFESSIONAL DEVELOPMENT
Master of Science, Management, Peter F. Drucker School of Management, Claremont Graduate University, 2002
Executive Management Program, University of Southern California
Master of Business Administration, University of Southern California
Bachelor of Arts, Economics, University of Southern California
Punahou School, Honolulu, Hawaii
SYSTEMS
Microsoft Dynamics (Great Plains), FRX reporting
Microsoft Office, Excel Advanced Classes; HP mini-mainframes; QuickBooks; ACT!
Pointman, Oracle-based MRP/ERP system (purchased by MAPICS)
ASSOCIATIONS/AFFILIATIONS
Pasadena Showcase House for the Arts – Treasurer – Business member since 2003
USC Marshall Alumni Event Coordinator – since 2003
________________