BRUCE A. JELTES, CPA
*** ******* ***** ( Winchester, Virginia 22603
540-***-**** ( *******@***.***
GROUP CONTROLLER
Manufacturing
Corporate finance executive with over 30 years experience delivering
significant profitability and financial stability in diverse manufacturing,
distribution, sales, and marketing environments. Trusted to carry out
major initiatives, manage mission-critical projects, integrate people and
systems, and structure multi-million dollar operations budgets.
Outstanding reasoning and analytical abilities. Exceptional interpersonal
and communication skills, able to collaborate effectively with colleagues
from all backgrounds and experience levels. Encourages peak performance
from both staff and team members. Known for approaching challenges with a
positive attitude, traditional work ethic, and the knowledge of what makes
business work. Creative and resourceful manager, consistently achieving
aggressive goals and new peaks of company performance.
Strategic Planning ( Project Management ( Budgeting ( Financial Forecasts &
Analysis
Accounting ( Audits ( Variance Analysis ( Accounts Payable and Receivable (
Due Diligence
Revenue Growth ( Operational Streamlining ( Profitability Analysis (
Outsourcing ( SOX
Negotiations ( Capital Requests ( Cost Savings ( Inventory Management ( Job
Costing
Policy/Procedure Development ( Presentations ( Staff Mentoring ( Team
Leadership
PROFESSIONAL EXPERIENCE
FEDERAL-MOGUL CORPORATION, Winchester, Virginia (1999 & 2004 - 2009
$6.9B Global automotive products manufacturer.
Group Controller
Collected and analyzed monthly operations data. Collaborated on effective
capital investment strategies. Conducted extensive manufacturing costs and
production variances analysis. Directed long-term strategic plan
development. Formulated yearly operating budgets and updates. Recruited
and motivated large professional staff.
Selected Contributions:
. Established strong accounting control culture.
. Lowered bad debt expenses by $250K.
. Performed profitability analysis of product lines and manufacturing
facilities, resulting in product transfers to best-cost countries.
. Structured SOX documentation process.
. Created plant succession plan for Finance Group.
. Recognized by senior management for exceptional process documentation.
. Rated excellent evaluations on all internal and external audits.
. Consistently earned merit-based raises.
BRUCE A. JELTES, CPA ( Page 2 ( *******@***.***
JELTES CONSULTING, Winchester, Virginia ( 2000 - 2004
Accounting and project management services provider.
Financial Consultant
Launched successful consulting business. Networked with previous clients
and colleagues.
Provided daily accounting and project management support to diverse
national clients, including:
. Harvard Industries - Supervised annual operating budget preparation.
Analyzed manufacturing standard cost overhead rates.
. Honeywell Friction Materials - Prepared detailed economic analyses.
Planned program to reduce number of 3rd party suppliers, and
streamline existing distribution network.
. Thomas & Betts Corporation - Served as Acting Controller during the
closure and relocation of manufacturing operations. Established new
product standard costs.
. Federal-Mogul - Conducted company analysis and due diligence
concerning potential acquisition.
COOPER INDUSTRIES, Parsippany, New Jersey / St. Louis, Missouri ( 1985 -
1998
$6.5B Manufacturer of electrical products and tools in the United States
and internationally.
Operations Controller
Directed SAP design, testing and implementation of all financial functions
for the Moog Automotive Group. Collected and analyzed monthly operations
data. Collaborated on effective capital investment strategies. Conducted
extensive manufacturing costs and production variances analysis. Directed
long-term strategic plan development. Formulated yearly operating budgets
and updates. Recruited and motivated large professional staff.
Selected Contributions:
. Coordinated divisional reorganization and relocation to St. Louis,
Missouri within 6-month timeframe.
. Managed division fixed assets. Oversaw accounts payable, receivable,
and payroll.
. Successfully integrated operational accounting functions into a single
reporting unit.
. Standardized management reporting systems.
. Consolidated and integrated 7 individually operated businesses and
operating systems.
. Cross-functional team member that lowered operating costs $1.5M per
year via product rationalization, facility consolidation, and vendor
consolidation.
Early Career Notes: Additional previous experience includes Financial
Analyst - Studebaker Worthington and McGraw Edison, Senior Accountant -
Charles T. Cappadona, and Senior Accountant - Price Waterhouse & Co.
EDUCATION
Bachelor of Science - Accounting
Fairleigh Dickinson University, Rutherford, New Jersey
CERTIFIED PUBLIC ACCOUNTANT