Kevin Sharrar
***** **** ****** ** ( Stanwood, Michigan 49346
*****.*******@*****.*** 231-***-**** ( Cell 231-***-****
Controller . Financial Manager
Experienced Finance and Accounting professional with a demonstrated track
record of leading
Financial Analysis and Business Planning.
Core competencies include:
Financial Analysis Cash Flow Analysis Technology Integration
Strategic Business Budgeting Audit & Internal
Planning Cost Reductions Controls
Forecasting Pricing and
Profitability
PROFESSIONAL Experience
FLUID ROUTING SOLUTIONS, BIG RAPIDS, MICHIGAN, OCT-2005 - PRESENT
Plant Controller
Manage the Financial Planning and Analysis of two operating facilities
located in Big Rapids, Michigan. Oversee Finance and Accounting functions,
including Cost & General Accounting, Account Payable, Payroll, Cost
Estimating and Process Coordinator.
> Financial lead on the analysis of the Fuel Business Unit consolidation
that generated a $5.8M or 45% EBITDA improvement for the Business
unit.
> Responsible for the preparation of the annual profit and operational
plans to ensure that the final plan meets the overall objectives of
the Executive staff.
> Lead month-end closing activities including reporting and analyzing
variances to budget and forecast to plant management and Executive
leadership.
> Prepare Capital project analysis for acceptable pay back in years,
NPV, IRR and DCF. Projects include New Business, Cost Reduction and
Process Integration. Also perform post audit of projects to verify if
objectives were met.
> Prepare monthly cash flow analysis based on three month rolling
forecast. Work with plant management team to improve cash flow thru
inventory reduction and the supply base on negotiation of supplier
terms.
> Assist Plant Management on salaried and hourly manpower requirements
based on forecasted volumes and current market trends.
> Assist Sales Account Managers with pricing strategies for both current
and replacement business opportunities.
> Ensure adherence to GAAP and corporate financial policies. Provide and
maintain systems which ensure an adequate level of internal control
and accuracy of financial data.
> Provided necessary leadership, direction and coaching to accounting
staff members.
FLUID ROUTING SOLUTIONS, Big Rapids, Michigan Sept-2003 to Jan-2006
Cost Analyst
Prepared financial reports, assisted in the development of budgets, and
performed variance analysis. Built and led teams in carrying out special
projects.
> Developed an Activity Based Cost model for the allocation of overhead
cost by product and process, enabling products true costing to be
better understood and pricing to become more competitive.
> Maintained Standard Cost Accounting system to ensure proper inventory
valuation.
> Responsible for the annual inventory revaluation including labor and
overhead rate development and material standards.
> Project leader on a team that focused on slow moving and obsolete
inventory. The primary objective was to identify material and
determine alternate processes or products to consume the material.
Project yielded a $300K or 50% reduction in current slow moving
inventory.
ALLEGHENY LUDLUM, Brackenridge, Pennsylvania, Dec-1999 - August-2003
Cost Analyst
> Responsible for developing the operating budget, standard labor and
overhead rates, estimated utilization and manufacturing expenditures
at the Vandergrift finishing facility.
> Financial representative on a Strategic Business unit that focused on
new product feasibility, cost reduction efforts and market
development.
> Estimate Gross and Net Margin for the current month and three month
rolling forecast by customer and product group.
> Developed a model to accrue for volume rebates based on contractual
agreements. The model identified by customer the actual volumes by
part number and estimated volumes based on current release information
and market trends. Analysis was developed to support Year End Accrual
> Coordinated the annual Physical inventory and reconciled the results.
THE CONAIR GROUP, Cranberry, Pennsylvania, Sept-1998 - Nov-1999
Staff Accountant
> Carried out general ledger functions, including account analysis and
reconciliation, journal entries
> Assist in the development of a model to determine the actual
manufacturing cost of in-process engineered equipment.
> Responsible for maintaining and tracking off premise inventory located
at various technical centers.
> Assist in month end closing activities and account reconciliations.
ADAMS MANUFACTURING, Portersville, Pennsylvania, Dec-1995 - Aug-1998
Staff Accountant
> Determine manufacturing cost by job and process to assist the sales
and marketing department on pricing and advise operations for areas of
improvement.
> Responsible for maintaining the standard cost system including the
creation of BOM and Routings.
> Perform balance sheet account reconciliations to ensure proper monthly
accruals.
> Assist in the development of the annual operating budget. Primarily
responsible for Standard Cost of Goods including material, labor and
Overhead allocations.
> Identify and report operating variances including labor and PPV to
management.
Education
Bachelor of Science, Accounting - 1995
GANNON University - Erie, Pennsylvania