Sales Accounting

Richard H. Lotter

*** ****** *******

Winnebago, Illinois 61088

Cell: 815-***-**** Email:

**************@*****.***

Cost Accountant / financial analyst

Detail-oriented and self-motivated accounting professional with

demonstrated expertise in cost accounting, financial analysis and

budgeting. Outstanding analytical skills. Skilled communicator in all

formats and with individuals at all levels. Adept at managing multiple

tasks and resolving or minimizing problems by identifying them in their

early stages. Extremely personable. Work well with others. Always willing

to go the extra distance. Skilled in drafting and updating procedures.

Computer skills include SAP, Microsoft Word and Excel, SuperCalc, ManMan,

Hyperion, and Lotus.

Core competencies include:

. Budgeting & Planning

. AS400

. PPV Reporting

. Financial Reporting

. Procedure Updates

. Financial Analysis

. Auditing

. Job Costing

. Job Quoting

. Cost Analysis

. Rolling Averages

. Special Reporting

Accomplishments

. Increased unit sales in main product line by over 40% by initiating

new costing (CTI Industries)

. Assisted in development of Sarbanes-Oxley compliance program and

procedures (Danaher)

. Created spreadsheet, including labor and expenses for 13 separate

departments, which was used for 7 years (Danaher)

. Achieved record sales and profits and ranked best in division

(Danaher)

. Promoted emphasis on particular product lines by creating bill of

materials and establishing cost/price ratios (Danaher)

. Established and reviewed yearly budgets for all departments (Danaher)

. Produced cost savings recommendations through variance reports and

analysis, resulting in annual savings of $1M from a yearly loss of

$250K (Geonex-Martel)

Professional Experience

Barnes International - Rockford, Illinois March 2008 - April

2010

Cost Accountant

. Prepared month end journal entries

. Downloaded financials from mainframe

. Evaluated costs and prepared financial reports

. Conducted backups for computer system

. Completed journal entries with payroll information

CTI Industries - Barrington, Illinois January 2006

- December 2007

Cost Accountant - Analyst, Accounting Department

. Quoted 3 product lines

. Established labor and overhead rates of multiple departments

. Utilized studies and production reports to establish standards

. Reviewed and updated standards as needed

. Supervised bill of material and router input into computer module

. Updated FAS program and journal entries

Professional Experience continued

Estwing - Rockford, Illinois April 2005 - August

2005

Cost Analyst, Finance Department

. Analyzed product costs

. Reviewed piece pay rates done on an hourly or number of units basis

. Analyzed PPV

. Performed and reviewed month-end closing

Danaher Motion (dba Warner Electric and DANA) - Marengo, Illinois

Cost Analyst, Accounting Department November 1992

- April 2005

. Performed month-end closing including journal entry preparation and

pre and post-General Ledger closing

. Prepared variance report follow-up and budget recommendations on

weekly and monthly basis

Geonex-Martel, St. Petersburg, Florida June 1987 -

January 1992

Cost Accountant, Operations Department (3/1989 - 1/1992)

. Supervised Accountants Payable Clerk

. Developed customized spreadsheets and reports for individual projects

. Utilized cost and variance reports to decrease total costs for 95% of

projects

Cost Accountant, Corporate Finance - Geonex (6/1987 - 3/1989)

. Reviewed company's sales, revenues and expenses

. Assisted in creating and finalizing budgets

. Performed and reviewed month-end closings

Oravisual, St. Petersburg, Florida June 1981 - June

1986

Cost Accountant, Accounting Department

. Developed bill of materials and routers

. Performed and reviewed month-end closing

. Assumed responsibilities of Controller upon his leaving

. Documented $1M insurance claim following major flooding at facility

. Assisted with $1M inventory count, which led to discovery of

inventory being off by 1/10% for previous 3 years

Education

DePaul University - Chicago, Illinois

Bachelor of Science Degree in Accounting

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