RACHEL SMITH
Littleton, Co. *****
**********@***.***
An MBA with Fifteen Years of Management Experience:
. Cost Accounting
. Financial Analysis
. Financial Reporting
. Budgeting
. Rebate Management
. Purchasing
. Contract Management
. Account Reconciliation
EXPERIENCE
Weather Guard Building Products 2009-2010
Denver, Colorado
Controller
. Established, hired and trained an accounting team, building a
solid foundation for future growth.
. Identified the business requirement and hired a materials manager
to implement inventory and purchasing controls.
. Developed an income statement for both the company and its
distribution branches.
. Established a receivable review team for delinquent account
management.
. Brought inventory reserves in line with corporate guidelines.
. Implemented procedures to bring both customer and purchase orders
current enabling a meaningful MRP.
. Brought 3-way matching procedures into payables, purchasing and
receiving.
. Brought sales and use taxes current.
. Rolled inventory standards and established costing, cycle counts
and returned material processes.
. Closed non essential banking accounts.
Vistar Distribution Corporation 2007-2009
Centennial, Colorado
Earned Income/ AP Manager
. Structured and led communication meetings between accounting and
merchandising effectively increasing financial communication
between both departments.
. Streamlined processes enabling auto invoicing to vendors and
improving collection time by 25%.
. Implemented/developed aging for earned income, enabling
merchandising managers to be more effective in account management
improving cash flow and collection time by 2-4 weeks.
. Implemented contract scanning and tracking system for renewal and
online access to terms and conditions.
. Upgraded software tracking, reporting and improved reliability by
coordinating with IT and software developer.
. Substantially improved accrual accuracy.
Gambro/COBE Products, Healthcare Manufacturing 1990-2006
Lakewood/Arvada Colorado
Business Control and Budgeting Manager- Gambro Renal Products
2005-2006
. Prepared budgets, forecasts, and all other aspects of P&L
responsibilities for $360M organization.
. Detailed analysis of product costing, average sales price,
margins and volumes.
. Extensive forecasting of warranty costs including labor and
part costs.
. Coordinated with all levels of management and personnel to
provide cohesive information flows and processes.
Business Unit Controller/Spare Part Manager - Gambro Technical
Services 1994-2005
Member of the Executive Management Team.
Direct and coordinate all financial functions/controls, internal
reporting, strategic planning, month end close, budgeting,
costing using PeopleSoft, Manman, Excel, Access.
Led worldwide inventory purchasing, planning and forecasting for $11M
in spare parts for eight product lines across two
divisions.
Ensured the integrity of the results in accordance with GAAP.
Grew business unit from $25M to $60M.
Designed incentive programs to encourage company desired results.
Contract, margin and profitability analysis for multiple product
lines.
Set cost containment goals with analysis of variances in labor,
materials, overhead.
Reduced obsolescence and increased inventory turns.
Designed physical inventory procedures.
Led Regional Service Managers in annual budget meeting.
Managed a team of 8, consisting of financial analysts, buyers,
inventory planners and physical inventory
administrator.
Implemented pricing strategies.
Planned product end of life.
Improved order fill rate for customers to 99%.
Created national warehouse for the re-distribution of spare part inventory.
Over $1.5M in inventory was pulled from inactive territories
and re-directed back into the marketplace.
Streamlined inventory refurbishment program and provided incentives.
Trained in ISO 9000 and FDA quality system regulations.
Cost Accountant - COBE Laboratories
1990-1994
Managed 2 product lines with over $40M in sales.
Provide internal costing reporting to the product line management
team.
Set labor, material and process standards during budgeting period.
Analyzed and reported variances to operational measures.
Forecasted product line profitability quarterly.
Provided month end close and journal entries.
Conducted year end physical inventories and provided results to
external auditors.
EDUCATION
MBA, University of Colorado
BBA Finance, University of Iowa
Other Education: The Controller's Job in Today's Environment -
American Management Association 2004.
Company sponsored training programs including: Leadership,
Effectiveness, FDA Regulations, ISO9000
Software: PeopleSoft, Manman (Integrated manufacturing system), Excel,
Word, SAP, Trackmax