Shayne C. Ohlsen, MBA
Cornelius, NC 28031
************@*****.***
Education
Wake Forest University, Babcock Graduate School of Business
Masters Business Administration, 2006
Finance Concentration
Final Case Study, Global SAP implementation project analysis, Ingersoll
Rand
International Business Studies completed in China
Queens University, McColl School of Business
B.A. in Business, 2004
Accounting Concentration
PROFESSIONAL Experience
CPS Color Equipment Inc., Concord, NC
2008 - Present
CPS Color is the leading manufacturer and supplier of advanced paint
tinting systems. We integrate and fine-tune the development of all the
elements of a tinting system: colorants, dispensing and mixing equipment,
software, color communication tools, and global service.
Controller, Americas Region
Areas of management included Finance and accounting, operations,
treasury, inventory, and IT/IS. Managed region encompassed all of North
and South America with offices in USA, Brasil, and Uruguay.
. Budget oversight, preparation, and management from sales to material
planning.
. Maintain 12 month rolling forecast models. These models showed deviations
from budget from a revenue variance, customer sales variance, and even
product specific variances for Supply Chain.
. Preparation of key financial data, maintain vendor vendor agreements, and
have strategic discussions with our Key Accounts (Home Depot, Walmart,
Sherwin-Williams, PPG, and Comex).
. Issue timely monthly financial statements.
. Strategic analysis of operational performance vs. budget and previous
year.
. Preparation of executive summaries for key managers within the company
detailing the financial performance of the operations.
. Lead monthly financial meetings with management to discuss performance
and necessary actions (review the Executive Summary). Implementation of
the Balanced Scorecard approach.
. Responsibility for inventory management which included oversight,
creation and implementation of controls and procedures, and
reconciliation. $7 million valuation.
. IT/IS oversight and management
. Management of Regional ERP system and customer relation management
software.
. Customer service processes and procedures oversight in conjunction with
the Field Service Manager.
Asst. Controller
. Restructured the G/L from one consolidated system to a G/L that would
process individual P&L's for our 3 primary Business Units.
. Performing the month end close and reconciliation. Convert all numbers
for input into Hyperion Financial System in accordance with GAAP and IFRS.
. Regional A/R collections manager. Achieved an improvement from 25% >90
days to an average of 4%.
. Develop, implement, and seek continuous improvement procedures for
operational internal controls.
. Cash flow management, weekly cash reconciliation, and statement
preparation.
. Any ad hoc strategic analysis financial analysis for department heads
and/or corporate office.
. Pricing analysis and contract negotiation with new vendors and customers.
. Fixed Asset Management and proper recording of depreciation.
Attic Creations Inc., Winston Salem, NC
2006 -2008
Private equity investment company concentrating its investment in the
emerging market of the IT sector
Sr. Financial Analyst
. Financial analysis of the companies in the parent's portfolio.
. Performed financial valuations using multiple financial models and data
collected from various financial reporting sources.
. Conducted meetings with potential buyers and presented the financial
analysis and valuations based on external and internal data collected and
analyzed for validity and accuracy.
. Through internal and external market research to determine strategic
value through comparative analysis and to assist in the justification of
multiples for final valuation.
. Entering financial data from multiple sources into financial applications
that allowed for analysis of financial ratios and performance measuring.
. Financial modeling, forecasting, and other areas of requested analysis.
High Techniques, LLC, Raleigh, NC
2002 - 2005
$10 M Customized educational software company
Staff Accountant/Operations Management
. Responsible for accounting and financial operations of the business.
. Secured financing for growth, expansion, and acquisition through venture
capital.
. Financial analysis, budgeting, A/P and A/R.
. Analysis of the company's financial performance to report to the equity
owners as well as management. Areas included ROI, ROA, and Cash Flow.
. Forecasting and pricing analysis.
Merrill Lynch, Private Client Group, Charlotte, NC
1999 - 2002
Financial Advisor, CFM
MCI / WORLDCOMM, Charlotte, NC
1994 - 1999
Sales Manager
Military Service
UNITED STATES MARINE CORPS, NC
Marine Aviation and Logistics Supply MALS 31, Beaufort, NC
. Responsible for the inventory management, fulfillment, and logistics
planning for 7 Marine F-18 fighter squadrons (largest in US Armed
Services).
TECHNICAL SKILLS
Microsoft Office Suite including advanced Excel and Access; also Cognos,
Hyperion, SysPro, SQL, & Crystal Reports
Fluent in English
50% in Portugeuse
CERTIFICATIONS AND MEMBERSHIPS
CPA Candidate
Certified Six Sigma Green Belt, Finance Focus
Member of FEI, Financial Executives International
Member of IMA, Institute of Management Accountants
Cambridge Who's Who