Oscar (Bill) Whittington Blackmon, Jr., CPA
Tifton, GA 31793
Home: 229-***-**** *******@*****.*** Cell: 229-***-****
Professional Summary
A highly accomplished, globally minded, and forward thinking top finance
executive with widely diversified experience in financial accounting,
reporting, compliance, strategic planning, financial planning and
forecasting, payroll, cash management, account reconciliation, and cost
reduction management among others. Solid understanding of GAAP,
regulatory, and tax reporting requirements. I am seeking a position in
which my ability to develop systems that insure management objectives can
be fully utilized. Challenges bring forth my best work, and I approach
them with enthusiasm.
professional experience
Heatcraft, Tifton, GA 2008 - 2009
Operations Controller
. Assumed control of a $35MM consolidation project. Implemented weekly
cost monitoring and savings reporting system. The project was on time
and on budget. Completed consolidation will result in an $8MM annual
savings.
. Recently lead inventory improvement efforts at Heatcraft Brazil.
Significantly improved inventory location system as well as inventory
flow process.
. Reduced accounting close process from 5 days to 3.
GS Development, LLC, Tifton, GA 2007
Chief Financial Officer
Closed two major motel refinancing loans one for $10.5MM and another for
$6.3MM.
. Utilized successful private placement memorandum to raise capital for
$40MM hotel project in Atlanta, GA.
. Established weekly reports for all fifteen companies detailing cash flow
and current cash balances.
. Corrected ten company's financial statements and established timely
closings with complete and accurate balance sheets and cash flow
statements.
. Improved the month end closing process from 20 days to 5 days.
Prestolite Wire Corporation, Tifton, GA 1997 - 2007
Plant Manager 2000 - 2007
. Responsible for the daily operations of an automotive ignition wire
company with up to $87 MM in sales and 450 employees.
. Achieved 1% gross profit margin improvement over 2000 level with a 15.6%
volume decrease and year over year customer price reductions.
. Increased on time delivery from 92.5% to 99.2% resulting in an 11K
premium freight savings over prior year.
. Closed Bristol, TN plant and consolidated operations in Tifton, GA
resulting in a $3MM annual savings.
. Instrumental in the successful launch of the CarQuest aftermarket program
with annual sales in excess of $13 MM.
Oscar (Bill) Whittington Blackmon, Jr., CPA
Page Two
Prestolite Wire Corporation (continued)
. Lead my team to certifications in QS9000, TS16949, ISO14001, and the 2000
Georgia Oglethorpe Award (state-level Malcolm Baldridge Award).
. Commitment to continuous improvement through lean manufacturing resulting
in a 10% improvement in plant efficiencies, overhead reduction of $2.0 MM
and a 20% improvement in PPM.
. Closed Tifton, GA plant and moved operations to Nogales, Mexico.
Plant Controller 1997 - 2000
. Instrumental in conducting a warehouse consolidation resulting in a
$300,000 annual savings.
. Achieved 1% gross profit margin improvement over 1999 level with a 13.6%
volume decrease and year over year customer price reductions.
. Reduced manufacturing overhead cost 2.7 MM.
. Generated $4.1 MM in cost savings through material cost reduction
programs.
. Because of inventory accuracy and controls, outside auditors required
full inventory counts only once every three years.
. Responsible for directing the financial affairs of two divisions of the
organization, including but not limited to, financial analysis, ratio
analysis, financial controls and procedures, inventory controls
(valuation and accuracy), annual financial planning and budgeting, asset
procurement and analysis, leases (capital and expense), cost accounting,
standards calculations, variance analysis and reporting, credit and
payroll functions, accounts payable/receivable processing, and cash flow
analysis.
. Responsible for the systemic conversion of an acquisition.
Thomas & Betts, Bainbridge, GA 1993 - 1997
Controller
BP Amoco, Bainbridge/Hazlehurst, GA 1980 - 1993
Accounting Manager
Education
BSBA, Accounting, University of South Carolina, Columbia, SC, 1979
Accreditation
Certified Public Accountant
Active License in Georgia