Manager Accounting

RALPH L. BURROUGHS

**** *. ****** ***** #* . Anaheim, CA 92807

C 714-***-**** . H 714-***-**** . Email:

**********@*****.**.***[pic]

SUMMARY of QUALIFICATIONS:

Twenty-four years as an accounting professional with more than 18 years in

management. Hands-on manager with strong team building skills. Strong

manufacturing background in cost accounting and standard cost systems.

Experienced in international accounting and consolidations, including multi-

currency accounting. Work history includes public as well as private

companies, performing high level reporting and analyses for internal

management and Board of Directors. Trained in Process Management, as well

as Lean Manufacturing from an accounting perspective. Designed budget

packages and analytical reports for material, labor and overhead variances.

Strong knowledge of GAAP, accounting policies, procedures and controls

PROFESSIONAL EXPERIENCE:

Reinhold Industries, Inc. Santa Fe Springs, CA

2008 to 2009

$40M Manufacturer of composite materials for the Aerospace and Commercial

industries.

Controller

. Manage a department of 6 employees, including Cost, Accounts

Payable, Accounts Receivable, Cash, Payroll, Credit Analyses and

Financial Reporting, as well as, ensuring the adherence to GAAP.

. Team leader of a cross-departmental project that redesigned the

cost structure and pricing models for the Aerospace product line.

. Rebuilt the standard cost module in the enterprise system to enable

capture and real time reporting of material, labor and overhead by

job. Previously, only captured at the product line level.

. Created a new pricing model spreadsheet incorporating targeted

profit margins and standard cost elements from the enterprise

system. Reviewed and approved each new business quotation for

accuracy and profitability targets.

. Negotiated cheaper and brighter lighting through the SCE rebate

plans by installing new energy saving lighting.

Saved the company $30K per year in electricity costs.

. Created a weekly report that analyzed material, labor and overhead

variances for causes and corrective action. Report included

breakdown by job of created variances.

. Designed a new budget package in Excel enabling accurate standard

margin reporting thru enterprise system down loads. Leveraged this

workbook in designing a five-year forecasting model creating more

flexibility in Board reporting and analysis.

. Coordinated and created all reports required by the DCAA during key

customer requested audits of price workups on quotations for new

projects and business.

. Created a financial reporting package for management that included,

Value Add Analysis, Working Capital Ratios and trends, Trended

Financial Statements, Comparative Detailed Sales analysis by

customer.

. Designed for the first time in the company's history an inventory

analysis of excess and obsolete material, including old work orders

in WIP.

Monogram Aerospace Fasteners, Inc. Commerce, CA

2006 to 2008

A Division of Trimas Corp. (TRS) a public company

Controller

. Report to the President of this $60M Aerospace manufacturer of

niche market blind fasteners with a dotted line to the Trimas Group

Controller. Finance member of a five-man senior management team.

. Responsible for a staff of 6 including two managers. 4 Accounting

(Cost, Financial Reporting, Accounts Payable, Payroll and 2 IT

(Manager and Technician).

. Successfully took the lead role in bringing the company SOX

compliant before going public. Responsibilities included GAAP

policies and procedures and controls, creating all documentation

for systems and operational processes.

. Restructured Accounting Department creating a higher emphasis on

cost accounting and variance analysis. Restructuring included

hiring a cost accountant and creating a reporting structure for

standard variances and cost of quality.

. Created and analyzed cost roll ups for quoting new business using

standard rates for each product line and targeted profit margins

that matched budgeted and forecasted targets.

. Weekly variance analysis report included, material usage, labor

efficiency and rate variances, overhead efficiency and spending

variances.

. Created a quarterly Excess and Obsolete report via system download

of stock report by part and analyzing usage history over the past 3

years.

. Responsible for financial reporting to the corporate office on a

monthly and quarterly basis and participated in the quarterly

management calls, giving insight to the financial results.

Continued

RALPH L. BURROUGHS[pic]

Presentation Products, Inc. dba Spinitar, Santa Fe Springs, CA

2002 to 2004

$20M leading provider of audiovisual products and integrated systems

Corporate Controller

. Responsible for all GAAP, financial reporting, operations and

treasury functions.

. Improved returned product process and improved cash flow by $10-30K

per month.

. Restructured chart of accounts and financial reports to product

line to assist management analysis.

. Manage company line of credit reducing balance by 50% and interest

expense $5 - 10K per month.

. Responsible for bank relations and increased borrowing base on line

of credit through bank negotiations.

. Improved closing cycle by 2 weeks.

. Managed a Job Cost system for integration projects that provided

50% of company revenue.

Saturn Electronics and Engineering, Inc., Tustin, CA

1997 to 2001

(Formerly Smartflex Systems, Inc., a public company)

Reported to the General Manger of this $180M high-tech, multi-national

electronic contract manufacturer.

Group Controller (promoted from Director of Accounting)

. Responsible for operational & financial performance of five

manufacturing plants that 4 international plants.

. Direct reports include 4 plant controllers and 5 man accounting

dept that included financial reporting, payroll, accounts payable.,

credit and collections. Assured GAAP was followed at all times.

. Created highly user-friendly annual budget package for each

business unit that consolidated each unit into a final consolidated

spreadsheet of financial statements.

. Analyze E & O inventory and reserves through complex excel

spreadsheets to determine adequacy potential exposure and adequacy

of reserves.

. Responsible for cost, general accounting and corporate financial

reporting for a $250M company.

. Participated in due diligence and integrated acquisitions into the

Smartflex financial structure.

. Coordinate consolidations of three international subsidiaries and

seven other locations.

. Actively participated in due diligence for merger & acquisition

activity for three purchases.

. Created supporting documentation for SEC reporting (10K, 10Q and

annual reports).

Philips Medical Systems North America-Ultrasound Division, Irvine, CA

1990 to 1997

A division of the Dutch company Philips Electronics N.V.

Accounting Manager

. Directed and organized an accounting department of up to 12

employees for a division of a fortune 100 company from all

accounting functions, through financial reporting.

. Managed a standard cost system with gross inventory over $20M.

Responsible for variance reporting and cost rolls.

. Reduced A\R over 120 days from 55% to 5% on a total A\R of $5M

while improving inter-company relations in the process.

. Utilized the computer system to transition A\P to paperless

vouchering. Reduced department overtime and headcount

requirements.

. Created and presented to Sr. Management a monthly expense variance

analysis report, including recovery plans.

. Reduced month end close from 5 days to 1 day through process

management. This provided the parent company more time for month

end reporting, as well as, saving money through reduced department

overtime.

Other Experience

:Latham & Watkins, Los Angeles, CA

1987 to 1990

Interior Resources, Cerritos, CA

1984 to 1987

Friendly Computers Mobile Computer Services, Orange, CA (Self Employed)

2004 to 2006

COMPUTER RELATED:

Proficient in the use of the Microsoft Office products. Advanced

user of Excel and Word.

Experienced user of MAS90/200, MAPICS, J.D. Edwards, Made 2 Manage,

Manage 2000 and JBA Software packages. Finance leader on three system

integrations.

EDUCATION:

MBA, Finance BS, Accounting

West Coast University, Los Angeles, CA Point Park

University, Pittsburgh, PA

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