Sales Manufacturing

Patricia M. Shewhart

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

Spring Valley, OH 45370

Phone: 937-***-****

Cell Phone: 937-***-****

E-mail: *********@***.***

Q U A L I F I C A T I O N S

Over twenty years of progressive experience in Manufacturing Accounting

with eleven years in management.

Detail oriented, hard working, results oriented, adaptive to change and new

technology. Able to effectively manage multiple objectives simultaneously.

P R O F E S S I O N A L E X P E R I E N C E

Gem City Engineering & Manufacturing: Manufacture of specialized electro-

mechanical equipment and product manufacturer

serving the defense, fuel cell, medical,

technology, semiconductor and industrial

markets. Annual Sales of $36 million.

Dayton, Ohio

Controller: July 2005 to Present

( Manage four employees - A/P, A/R, Payroll, and Traffic

Coordinator.

( Provide accurate and timely financial statements including

consolidated Financial Statements with our Thailand

Facility.

( Cut month end close time from 10 days to 5 days.

( Responsible for monthly closes including all Journal

Entries, Job Cost Analysis, and all Financial Statements.

( Manage cash activities including monitoring cash daily,

reconciling bank statement monthly, and forecasting a 13-

week cash flow statement.

. Set up new bank account with JP Morgan Chase -

including training of office personal

( Responsible for all bank covenant requirements.

( Responsible for all financial analyses and reconciliations

for the company.

( Work with Program Managers on jobs to ensure compliance to

Customer Purchase Order and cost going to each job.

( Manage year-end audits with no audit adjustments.

( Assisted in sale of division to a Canadian company as well

as sell of company to a private equity firm.

( Created annual budget as well as updated monthly forecasts

working with department heads, sales department, and

program managers to ensure the most accurate budget and

forecasts.

( Helped Thailand facility with month-end financials as well

as day-to-day accounting questions

( Manage fixed asset system including additions, disposals,

sales of assets, depreciation, and calculating ROI.

( Trained and Certified in Hazmat Training 11/2008

( Organize year-end physical inventory - review accuracy of

count and reconcile to inventory reports as well as General

Ledger - 99% accurate inventory.

( Worked with Purchasing to increase discounts given by

Vendors and ensure that all discounts are taken - increased

discounts by $100K in one year.

Erwin Junker Machinery, Inc.: Division of Erwin Junker Machinery (a

Nordrach, Germany company), global manufacturer of

Miamisburg, Ohio grinding machines. Annual Sales of $6

million.

Controller (part-time position): February 2003 to April 2006 (Company

moved to Chicago, IL 7/05 - continued part-time

position from home until company was able to

hire someone in Chicago.)

( Responsible for month end closes including all Journal

Entries, Job Cost, and order statistic report.

( Handle all A/P and A/R functions such as paying invoices

and expense reports, billing customers,

collections, and resolving any issues with the customers or vendors.

( In charge for all human resource functions such as weekly

payroll, new employees, researching and

implementing health care benefits, and answering employee questions

regarding benefit and payroll issues.

( Saved company $40K by researching and choosing new health

care coverage for company.

( Closed 2002 and prepared all audit papers a month after

starting with the company.

( Manage all cash activities which include monitoring cash

flow daily, wires to foreign parent, aches, and bank

reconciliations.

( Responsible for all financial analysis, reconciliations

tax reports, and all financial questions from parent

company, affiliates, employees, and outside contacts.

United Grinding Technologies, Inc.: Division of Koerber Corporation (a

Hamburg, Germany company), a global manufacturer of Miamisburg, Ohio

grinding machines. Annual Sales of $60 million.

Controller: January 2000 to February 2002

( Supervised staff of two: A/P Clerk and A/R Manager (hired

and trained both positions).

( Created and implemented accounting policies and control

for the entire company.

( Responsible for Monthly Closings including all Journal

Entries, WIP and Job Cost Analysis, Maintaining Gross

Margin Spreadsheet for all machines ordered and shipped

each month, Backlog Report, Incoming Order Report, Flash

Report, Internal Financial Statements (which included

Income Statement, Balance Sheet, Cash Flow Statement, and

Payroll Analysis of Headcount and Downtime), and German

Financial Statements.

( Responsible for Quarterly Reports, Budget, and Year-End

Package per German Reporting Standards.

( Responsible for entire payroll function.

( Responsible for all cash activities including daily cash

flow analysis, future contracts, hedging, wires to

affiliate and domestic companies, and bank reconciliations.

( Responsible for Fixed Assets including entering Fixed

Assets into Macola, Depreciation, maintaining fixed asset

tags for all capital purchases, preparing Capital

Expenditure Quarterly Reports and assisting in the Capital

Expenditure Budget.

( Responsible for Account Analysis of all Balance Sheet

Accounts including A/P, A/R, Cash, Received Not Invoiced,

Accruals, and Prepaid Accounts.

( Completed all government reports and sales tax reports.

( Assisted in preparing the Annual Budget Report with the

Director of Finance.

( Supervised preparation of Audit papers for the Custom

Audit conducted by the US Customs Office.

( Member of the Macola Project Team.

( Assisted in the planning and implementation of the annual

Physical Inventory.

( Participated in Strategic Planning Meetings.

( Responsible for the Macola Software Package: setting up

new employees, giving employees rights to modules in

Macola, closing all Macola Modules monthly and interfacing

them with the general ledger.

( Assisted in year-end audit conducted by Arthur Andersen.

Flowserve FCD Corporation: Division of Flowserve Corporation, a global

manufacturer of valves and pumps. Annual Sales of $30

Blue Ash, Ohio million. (Division was closed on 12/31/99)

Accounting Supervisor: January 1999 to December 1999

( Supervised staff of four: A/P, A/R, Credit, and Cost

Accountant

( Responsible for the monthly closings for three

manufacturing sites - two located in Cincinnati, one

located in Freeport, TX.

( Consolidated the month end reporting packages in FDC for

the Division Headquarters for the three manufacturing sites

and an Italy manufacturing site.

( Trained former Canadian location on monthly closing

procedures.

( Member of the Best Practices Implementation Team.

( Helped rebuild accounting department by taking back

credit/collections duties (previously handled by sister

division), hiring a cost accountant, and hiring a permanent

A/R clerk. Improvement of 7 DSO days in 7 months.

( Assisted in preparation of annual budget - coordinated

with 13 department heads.

( Maintain general ledger and financial statements in Qantel

and FDC.

( Assisted in combining two Cincinnati manufacturing sites

into one database in July 1999.

( Responsible for establishing credit limits based in

researching a company on the D & B or Financial Statements

for three manufacturing sites.

Tomkins Industries, Inc.: A $2 billion holding company of 20 US

manufacturing sites. US subsidiary of UK parent.

Dayton, Ohio

Financial System Analyst: August 1997 to July 1998

Responsibilities in addition to Financial Analyst position

below:

( Created spreadsheets and macros for all consolidated

financial statements.

( Helped companies and headquarters with software problems.

( Document financial system; write training manuals for all

the companies.

( Reviewed new software packages.

Financial Analyst: June 1992 to August 1997

( Intermediate between UK Headquarters and 20 US

manufacturing sites.

( Analyzed actual results to budget for 20 companies'

monthly, quarterly, half-year, and year-end reports.

( Analyzed actual cash flows to budget and forecast for US

companies.

( Created market comparison charts of the industry shipments

vs. company shipments monthly.

( Analyzed and consolidated companies bank reconciliations,

intercompany receivables and payables.

( Developed charts and spreadsheets for executives to

consolidate specific financial reports.

( Reviewed companies' capital proposals and expenditures

monthly.

( Set up and maintain payroll budget that is used by all

Headquarters Departments

( Conducted an audit on companies' book amounts quarterly.

( Prepared year-end reports for outside auditors.

Junior /Senior Staff Accountant: March 1989 to June 1992:

Responsible for reconciliations and month-end close.

C O M P U T E R S K I L L S

Microsoft Excel, Microsoft Word, Microsoft Access, Microsoft Outlook,

Epicor Vantage, Microsoft FRx, Macola, ADP, Word Perfect, Lotus, Power

Point, 2020, FAS100, QuickBooks.

E D U C A T I O N

University of Illinois

Champaign/Urbana, Illinois

B.S. Economics (Minor in Accountancy)

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