Sales Management
Resume:
Raymond F. Bordelon
San Antonio, Texas 78217 *********@*********.***
Successful assistant controller, cost accountant, and staff accountant with an exemplary track record within multi-division corporate environments. Skilled troubleshooter accomplished at creating and implementing internal controls to minimize cost and achieve significant company savings. Supported across-the-board accounting functions for corporations with annual revenues to $30M to $45M. Recognized for designing and implementing more effective financial systems spreadsheets to meet a full range of accounting needs. Meticulous, detail oriented team player, driven to meet and exceed organizational objectives.
Professional Strengths
Project Cost Analysis
Implementation of Controls
Variance Analysis
Inventory Management
Financial Statement Preparation
Accounts Payable/ Receivable
Spreadsheet Design
Cost Identification and Reduction
Bank Reconciliation
Software Proficiency
Financial Reporting
Software Integration
Selected Achievements
Raw Materials Inventory Management. Identified weaknesses in raw materials inventory, seeing large discrepancies between general ledger and actual counts. Helped develop and implement spreadsheet to accurately track counts for raw materials. Consulted on and communicated logistical elements to managers and supervisors, answering all questions. After completion of the count, made adjustments with proper backup and recorded where the weaknesses were and prescribed methods on how to correct them going forward. RESULT: Improved raw materials inventory accuracy from 88% to 99%. Thus, inventory was stabilized and reflected an accurate number on the balance sheet and improved profit & loss statement accuracy.
Financial Statement Preparation and Reporting. Coordinated with the CFO to prepare financial statements and SEC filings in accordance with GAAP rules. Created a schedule to report all pertinent information for monthly, quarterly, and yearly statement of cash flows with balance sheet comparisons. Oversaw and maintained financial statement accuracy in 10K and 10Q filings. Created schedule to accurately record employee expenses (current and former) and accrued expenses, depicting those which may need to be removed or carried forward. Also, created schedule to track accumulated depreciation on fixed assets (straight line method), to provide auditors with an accurate assessment on our computers, furniture, machinery, etc. RESULT: Able to provide a viable and accurate depiction of financial statements to auditors and answer any questions. Also, able to report employee expenses, accrued expenses, fixed assets, and accumulated depreciation to auditors with near 100% accuracy, and write off any dubious accounts resulting in 35-50K in savings.
Project cost and variance analysis. Developed highly effective tracking system to identify and explain cost variances regarding projects in a manufacturing environment. Had one on one discussions with project managers and floor personnel concerning discrepancies in cost vs. estimate and consulted with management towards implementing corrective measures. RESULT: Helped change manufacturing culture by pointing out systemic issues (repeating errors) to upper management then streamlining corrective measures in easy to understand language for all personnel to save 20-40K per month.
New software startup and full company integration. Coordinated with SAP software team to correct unit of measure (UOM) inconsistencies resulting from cutover to new software system with full company integration from product requisitioning, product development, purchasing, shipping, receiving, and accounts payable. Communicated this with all supervisors and management, and helped to launch a report with the software team to check and compare purchasing information records (PIRs), purchase orders, invoices, and material master records; correcting any UOMs which were inaccurate. RESULT: Streamlined documentation to accurately reflect costs towards all products which were ordered, purchased, invoiced, and sold, resulting in improved cost of sales and increased awareness about the importance of maintaining proper UOMs and pricing. In addition, corrected one product’s UOM resulting in a $400K savings.
Implementation of Payroll Controls. Prepared payroll reconciliations for 8 locations. Suggested to management a method to more accurately track the payroll activities due to all the personnel changes related to company acquisition. RESULT: Streamlined payroll process by implementing a tracking mechanism (via schedule) between the 8 facilities to accurately maintain personnel benefits and payroll additions/changes to maintain audit readiness.
Cash Management Controls. Managed payroll accounting, cash management, bank reconciliations, and financial statement preparation. Addressed challenges with reconciling old bank balances. Coordinated with CFO to backtrack from company’s inception to present, rectifying bank reconciliation delimma. RESULT: Reconciled old bank balances by coordinating with bank personnel to track from last accurate preparation moving forward to present. Made appropriate adjustments going forward and improved reporting accuracy to 100%.
Raymond F. Bordelon, Page 2 of 2
Origination of Cash Control Procedures. Developed highly effective tracking system to maintain and control cash balances for several different bank accounts, maintain and report daily on any revolving debt, and to properly authorize any outgoing checks. RESULT: Stabilized balance sheet bank accounts, all vendor checks were accounted for with authorizations going through president, and real time accuracy on any revolving debt owed.
Accounting Control Implementation. Implemented a control mechanism of accountability on sales transactions and resulting receivables. Analyzed and oversaw with company president the audit and resolution of questionable receivables, to include writing off void or dubious accounts and set up collection procedures for valid over 90 days receivables. RESULT: Greatly improved financial reporting accuracy and heightened awareness on the importance of maintaining controls thus bettering our audit readiness.
Problem solving-Sales and Use Tax . Developed strategy to identify and correct sales tax errors in sales returns due to software glitch. Coordinated with software team to implement software changes to track and report sales taxes which were not included on sales returns. Created spreadsheet to accurately report sales and returns and providing the states backup on any sales returns on which we paid taxes. RESULT: Saved significant losses in the sales tax payables account, estimated at 25K.
Professional Experience
Cost Accountant/Interim Income Tax Preparer 2009 – Present- Working as cost accountant preparing project cost analysis and variance analysis reports. Responsible for identifying and explaining cost variances for all departments in the manufacturing environment and preparing corrective measures to implement changes to help businesses become more cost effective. Consulted on individual income taxes to include tax preparation, explaining tax guidelines and answering questions regarding either payments to the IRS or refunds due
Staff/Cost Accountant
Albany Engineered Composites, Boerne, TX
2006-2008
Supported manufacturing finance, inventory control and created new materials (master data control) using SAP. Analyzed and prepared variance reports such as purchase price variance, production order variance, and GR/IR.
Senior Accountant
Gonzalez Financial Holdings, Inc. San Antonio, TX
2004-2005
Managed full range of accounting functions including AP/AR, general ledger, multiple bank account reconciliations, multi-state sales taxes, and 1099’s.
Assistant Controller
Dexterity Surgical, Inc. San Antonio, TX
1999-2003
Directly responsible for general ledger close and SEC filings. Prepared bank reconciliations and sales/use tax returns. Created and maintained daily cash balance schedules and revolving debt schedules.
Staff Accountant
Colorspot Nurseries Inc., San Antonio, TX
1998-1999
Conducted complex inventory valuations by tracking costs via a time line from seedling to mature plant. Calculated and reported inventory shrinkage and usage. Prepared payroll reconciliations for 8 locations.
Staff Accountant
Agency Management Services, Inc., San Antonio, TX
1998
Managed payroll accounting, cash management, bank reconciliations, and financial statement preparation.
Accounts Payable Specialist
Hyatt Regency Hotel, San Antonio, TX
1995-1998
Managed vendor AP using 3-way matching system, prepared daily revenue reports and balance income journals (income audit). Prepared vendor payments and oversaw check disbursements.
Education
Bachelor of Business Administration (Concentration in Accounting) University of the Incarnate Word
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