Supply Chain Management

MONTY J. LOSEY ***** Harte Lane

805-***-**** (Home) Moorpark, California 93021

805-***-**** (Cell) **********@*****.***

EXECUTIVE SUMMARY

Results oriented "hands-on" finance professional with strong international

experience in all aspects of manufacturing costing, financial reporting and

analysis, inventory accounting and general ledger accounting. Expertise

includes:

. Standard and job cost system implementation

. "Hands-on" Budgeting and Forecasting

. International inventory management ($500M)

. Business planning and financial analysis

. Implementation of cycle counting

. Sarbanes/Oxley certification

. Lean and Six Sigma

. Activity Based Costing implementation

. Acquisition integration

. Advanced understanding of GAAP

. International accounting - IFRS

. ERP (SAP and IBM) systems implementation

. Team Builder

. Multi-plant Management

. EXPERIENCE AND ACCOMPLISHMENTS

Etonien, LLC, Santa Monica, CA

CONSULTANT for Coda Automotive

9/10 - Present

Participate in all financial and supply chain start up activities

associated with the start up of an International Automotive Manufacturing

Company (Electric Vehicles).

. Complete bottom's up 2011 budget to ensure that our managers valued

ownership of their respective departmental budgets. This is used to

communicate with financial backers and to promote continued investing.

. Design and install standard costing and inventory reporting systems to

support Asian and US operations.

. Complete financial reporting and analysis for 52 Projects.

Ricon Corporation. A Wabtec Company - Panorama City, CA

CONTROLLER 1/08 - 4/09

Direct all financial and operational activities of a two plant (UK and US)

$70 Million manufacturing facility recently converted from private to

public ownership. Basically, this was a purchased turn-around and

integration assignment.

. Implemented Product Line Profit and Loss Statements (utilizing

standard and activity base costing) enabling management to ID and

reduce excess costs through available margin analysis.

. Work with Engineering, Operations and Supply Chain management to

introduce costing and inventory protocol to include key performance

indicators, variance analysis, inventory reserve requirements, cycle

counting, shrink policies and work order cut off integrity to increase

inventory turns from 5.8 to 10 and enhance process improvements.

. Complete bottom's up budget to ensure that our managers valued

ownership of their respective departmental budgets. This eventually

led to cost reduction and added profits.

. First year (2008) results yielded $7M in added EBIT compared to 2007

which had the same level of revenues.

Veeco Instruments - Santa Barbara, CA

CONTROLLER 7/07 - 12/07

Direct all financial activities of a multi plant $400 Million public owned

instrument manufacturing facility.

. Complete install of SAP software to enable the standard cost system to

yield valuable and valid data.

. Introduced and educated management on standard cost system to include

material, labor and overhead variance analysis.

. Work with sales and operations to complete "bottoms up" 2008

budget/plan.

Technicolor, A Thomson Company - Camarillo, CA

CONTROLLER 12/04 - 6/07

Direct all financial and operational activities of a $500 Million public

owned entertainment manufacturing facility.

. Provide direction and documentation to obtain Sarbanes/Oxley

certification.

. Guided reorganization activities with implementation of key

performance indicators, cost and inventory protocol (using Six Sigma

and Lean concepts) to enhance performance data for management decision

making.

. Implemented Product Line Profit and Loss Statements enabling

management to ID and reduce excess costs.

. Provided hands-on accounting, costing and financial analysis to

management and mentored staff of seven (7).

MONTY LOSEY (Page 2)

PAC, Division of Roper Industries - Houston, TX

GROUP CONTROLLER 10/03 - 9/04

Direct all financial and operational aspects including cost accounting and

inventory management of a $100 Million public owned instrument

manufacturing (US, German and French locations) business.

. Introduced "ABC" inventory management and "cycle counting" to ensure

accurate identity of inventory movement and balances.

Updated/Corrected Bills of Materials and shrink allowances to reduce

variances.

. Provided direction and documentation to obtain Sarbanes/Oxley

certification.

. Merged and reorganized two manufacturing companies into one savings

$1.2 Million in duplicated costs.

Fadal Machining Centers - Chatsworth, CA

VP FINANCE/CONTROLLER 12/01 - 7/03

Directed all financial and operational aspects, including supply chain

management and logistics of a $350 Million German-owned machine tool

manufacturing business.

1. Introduced "ABC" inventory management and "cycle counting" to ensure

accurate identity of inventory movement and balances.

Updated/Corrected Bills of Materials and shrink allowances to reduce

variances.

2. Implemented standard cost accounting policies and procedures

(parallel with Six Sigma).

3. Developed and consolidated inventory and cost of sales for

manufacturing joint venture in China.

4. Streamlined financial reporting and analysis and reduced the closing

process from 10 days to 4 days.

Valeo Incorporated - Auburn Hills, MI

12/96 - 10/01

TREASURER, NORTH AMERICA (8/99 - 10/01)

Responsible for cash management, risk management, pension administration,

investments and banking relationships for the North American Headquarters

of a French-owned $3 Billion Tier One Automotive Systems Supplier.

DIRECTOR OF ACCOUNTING, NORTH AMERICA (12/96 - 7/99)

Implemented policies and procedures (translating from French accounting

standards to GAAP), developing a skeletal accounting structure to support

sales volumes of $3 Billion. Built and led a staff of 10 professionals and

completed post acquisition integration for a $2.5 Billion acquisition.

5. Refined/corrected a standard cost system for $400 Million plant,

resulting in accurate information and minimum adjustments at mid-

year and year-end.

Siemens Electric Limited - London, Ontario, Canada 9/94 - 11/96

VICE PRESIDENT OF FINANCE AND ADMINISTRATION (Acting Plant Manager)

Directed all financial and operational activities (including supply chain

management and logistics) of a $100 Million German-owned aftermarket

automotive parts business. Increased margins from 15% to 30%.

6. Focused business unit members on productivity improvement projects

and cost reduction activities, resulting in a $ .8 Million savings

in the first year.

ADDITIONAL WORK HISTORY

Served as Director of Finance (2 Plants) at Hi-Lex Corporation, served as

VP, Finance for Aalen Aides, Inc., Served as Accounting Manager for Unisys

Corporation, Served as Group Controller (4 Plants) for Hydril Corporation,

Served as Group Controller (3 Plants) for Quanex Corporation.

EDUCATION

. B.S., Business Administration - Central Michigan University

. Petroleum Accounting (48 hrs.) - Texas Society of CPA's, North Texas

State University

MILITARY

. Retired Military Logistics Officer - Veteran of Desert Storm

TECHNOLOGY

. SAP

. Hyperion

. Excel

. IBM Systems

. Oracle

. Microsoft AX

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