ALAN STREAM
Bronx, New York ***75
********@*******.***
718-***-**** (home)
646-***-**** (cell)
ACCOUNTING/FINANCIAL & INVENTORY CONTROL PROFESSIONAL
Proven accounting professional with extensive, broad-based experience
acquired in diverse assembly and batch manufacturing environments.
Particular expertise in cost accounting and inventory control. Excellent
analytical ability coupled with strong problem solving and written and
verbal communication skills. Work successfully with all levels of
management.
At Arrow, Wrote Policy and Procedures for the entire Cost Function.
With Kimber, Discovered $6MM of inventory previously unknown.. Established
Cycle Counting Program and improved accuracy.
At Ice Cap Improved Gross Margins by setting up daily review of all new
orders for profitability.
Reduced Edison Price inventories by 50% while meeting on-time delivery
schedules.
Also at Edison Price, improved inventory accuracy 90% on inventory turn of
$18M, resulting in significant cost savings.
In addition, introduced cycle counting at Edison Price which resulted in
increasing efficiency while reducing costs.
Reduced inventory carrying charges for Edison Price resulting in
significant cost savings.
Introduced wrapped goods inventory concept at Farberware. Inventory on-
hand was reduced from $35M to $25M; efficiency and timeliness of responding
to customer demands increased while costs were substantially reduced.
US Nonwovens February, 2011 to Present
Cost Accountant
Responsible for Inventory Valuation, valuation and review of Work Orders,
New Product Costing
Part of a newly established internal audit team.
Maintain standard costs.
Perform numerous expense analyses.
Review all inventory and cost reports.
Currently writing Procedures to navigate our current software (Visual).
ALAN STREAM, Page 2
TFI Consulting September, 2009 to December, 2010
Manager of Cost Accounting
Part of Team responsible for new software installation and maintenance,
including documentation
For policy and procedures.
Responsible for the maintenance of standard costs and inventory valuation.
Perform profitability analysis.
Preserve the integrity of the costing model.
Valuation of raw materials, direct labor, and overheads.
. Reduced the time line for establishing standard costs.
. Improved inventory valuation for both accuracy and reduction of the
process time
Arrow Fastener, Inc., Saddle Brook, NJ 2007 - June 18,
2009
Manager of Cost Accounting
Responsible for all phases of cost accounting, including cost estimates,
analysis, budgeting and special projects.
Wrote all Policy and Procedure for the Cost Accounting Function including a
complete how to manual.
. Automated the annual budget to Cost process for labor and overhead.
. Assumed several General Accounting functions of the Assistant Controller.
. Trimmed down month end closing process.
. Responsible for the Cost Portions of the Budget Process.
. Work with Materials Manager to direct annual physical inventory.
KIMBER MFG., Yonkers, NY
2003 - 2007
Senior Cost Accountant
Completely revamped the entire Cost Accounting and Inventory systems.
Implemented inventory reporting,
Set up controls, and established a Cycle Counting Program and procedures.
( Set up daily, weekly, and monthly reporting to advise all levels of
management.
ALAN STREAM, Page 3
. Worked directly with software system technical support in order to
properly utilize the cost accounting and inventory features, not
previously functioning.
. Analyze and monitor Gross Margins, Variances, Inventories, Bills of
Material, and Routers.
ICE CAP, Long Island City, NY
2002 - 2003
Cost Accountant
Review and establish all standard costs. Responsible for all elements of
cost accounting and inventories, including Cycle Count Program, new
stockrooms and all related cost and inventory analysis.
. Set up controls to monitor items without cost.
. Review all inventory transactions related to Scrap and Cycle Counts.
. Analyze all Gross margins (particularly for new products).
. Improved accuracy of Bills of Materials and Routers.
Edison Price Lighting, L. I. C., NY
1996 - 2002
Manager of Cost Accounting and Inventory
Responsible for all phases of cost accounting and inventory control,
perpetual inventories, cycle counting, cost estimates, analysis and special
projects. Supervised staff of 2.
. Implemented Cycle Count Program which successfully improved efficiency
and reduced carrying costs.
. Reduced inventory by 50% resulting in significant cost savings.
. Improved inventory accuracy by 90%.
. Accuracy improvements led to elimination of wall-to-wall inventories,
resulting in considerable savings of time and money.
. Member of team that developed and implemented ABC Costing.
. Production planner for private label product line. Analyzed gross
margins of the line for strategic planning purposes.
FARBERWARE (Subsidiary of U .S. Industries), New York, NY
Manager of Cost Accounting
Managed all phases of cost control, monthly reporting, perpetual
inventories, estimates, analysis,
budgets, special projects and standard costs. Supervised three cost
accountants.
. Automated segments of month-end reports; accelerated closing to 3 days, a
reduction in excess of 50%
. Managed an ABC type Cost Model; overheads were allocated more
meaningfully.
ALAN STREAM, Page 4
. Reduced Annual Physical Inventory from 5 to 3 days.
. Member of project team that developed & installed MRP (BPCS) software
package.
. Directed annual physical inventory
. Prepared cost related portions of annual budgets and financial plan.
CIBA-GEIGY CORPORATION, Ardsley, NY
Cost Administrator
. Member of team which handled transition of acquisition from Hercules
Corporation into Ciba-Geigy
. Served as liaison for integrating acquired division's cost system into
corporate general ledger and corporate cost file
. Coordinated and supervised relevant segments of annual audit
SUNSHINE BISCUITS (Subsidiary of American Brands), New York, NY
Cost Manager
. Handled all monthly reporting and analysis. Set all standards and
designed Bills of Material.
. Supervised cost departments in plants.
. Prepared Brand Profit Report
. Controlled all numbering systems (product, U.P.C, material codes,
etc.)
WARD LEONARD ELECTRIC COMPANY, Mount Vernon NY
Cost Accounting Manager
Responsible for planning, implementing and directing annual inventory and
well as all cost estimating for contract bids. Supervised staff of 12.
EDUCATION
B.A., Accounting (Public), Bernard Baruch College (CUNY)
SKILLS
Excel, Lotus, MS Word, MRP & Manufacturing Software (including Visual,
BPCS, Great Plains-Dynamics, MAX, Intrepid & JD Edwards).