Manager Management
Resume:
DEANNE CORRIS, CMA
******.******@*********.***
Newtown, CT 06470
www.linkedin.com/in/deannecorris
PROFILE
Financial Professional with a background in progressive management
experience with work in world-class companies supporting Finance and
Accounting in manufacturing, telecommunications and publishing industries.
Initiate and complete assignments within fast-paced and dynamic domestic
and international environments. Help companies meet business objectives
through managing and controlling costs, reducing business risk, improving
business performance and driving aggressive growth. A catalyst in
implementing positive change, igniting stagnant operations and
executing process improvements.
Areas of Expertise:
?Financial ?Financial Analysis ?Licenses ?SOX
Consolidations
?Management Reporting ?Currency ?Accounting ?Royalties
Conversions
?System Implementation ?Process ?Budgeting ?Forecasti
Improvements ng
?Month End Close ?Accounts Receivable ?Accounts ?Treasury
Process Payable
Computer Skills: SAP R/3 - version 6.0, Business Warehouse, BPS -Business
Planning Simulation, Hyperion, Oracle, Lawson, Advanced Microsoft Office
PROFESSIONAL EXPERIENCE
Barden Corporation, Danbury, CT
2008-2009
Corporate Accounting Manager/Plant Controller
Managed staff of 4 in maintaining general ledger and all month end
responsibilities for two plant locations that specialized in manufacturing
precision balls and ball bearings, totaling approximately $100M in sales.
Prepared and provided commentary on all monthly reports for Winsted plant
and ad hoc reporting, as requested.
. Prepared property taxes for two plant locations and identified an
overstatement of assets totaling $5M from the tax assessor's office
saving the company $25k per year.
. Instrumental in identifying savings related to property taxes and
insurance costs as a result of eliminating an assessed value of
approximately $1M of fixed assets.
. Awarded a refund of $25k from a vendor that was charging sales taxes in
error.
. Established 2009 standard material and labor costs in conjunction with
Winsted plant.
Warnaco, Inc., Milford, CT
2007-2008
Director of Finance - Royalties/Trademarks
Oversight of staff and revamped all policies and procedures for a
license/royalty department in a $2B company that manufactures, designs,
markets, licenses and distributes intimate apparel, sportswear and swimwear
worldwide.
. Streamlined process which reduced exposure to overdue or incorrect
payments pertaining to 20 license agreements worldwide that totaled more
than $75M per year in royalties.
. Key contact regarding all royalty related issues for major vendor, tax
and legal departments and worldwide CFO's.
ASML, Wilton, CT 2001-
2007
Financial Controller, (2003-2007)
Manager, Service Accounting, (2001-2003)
Senior Financial Analyst, (2001-2001)
Managed staff of 5 for $5B manufacturer of semiconductor products industry
maintaining all aspects of the general ledger including month-end closings,
accruals and analysis of general ledger accounts. Produced and analyzed
regional and consolidated financial statements for 16 legal entities within
the Customer Support business unit with total revenues of more than $250M a
year.
. Successfully rolled out cost center budgeting in BPS (Business Planning
Simulation) to 70 operational managers within the United States and
Europe, increasing efficiency and accuracy of data. Rollout to 6 Asian
entities was in process.
. Led global implementation of Sarbanes-Oxley within Finance and Customer
Support operations. Efficiency
DEANNE CORRIS
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gains resulted in $30M worth of reduced costs from identifying and
correcting ineffective processes.
. Participated in successful implementation of SAP R/3 financial system,
consolidating and standardizing
accounts as well as account mapping from three previously used
financial systems.
. Prepared variance analysis on key contributing factors to differences
between actual and forecasted performance. Reporting included reserve
adequacy, margin performance, departmental spending and currency effects.
. Ensured that all accounting methods were standardized and consistent
throughout each region of operations on a worldwide basis and closely
reviewed methods on a monthly basis.
. Led controller meetings abroad which dealt with day-to-day operational
issues specific to each region in Europe and Asia.
. Improved financial support and changed accounting processes to align with
worldwide procedures through managing revenue recognition of contracts,
order processing and through creating and analyzing financial reporting
while Asian and European Operations were in a phase of restructuring.
. Initiated and participated in Training Value Control project, resulting
in accurate financial flows, correct currency conversions and reduced
write-offs of customer balances.
. Leadership skills were acknowledged by senior management by the
nomination and selection to the Professional Leadership Program (PLP)
awarded to 20 top performers worldwide from a staff of 6,500. Project
related to global Field Change Orders was presented and accepted by the
Board of Management.
Avalon Bay Communities, Wilton, CT
2000-2001
Senior Development Analyst
Consolidated and analyzed financial information for a real estate
investment trust company focusing on developing, redeveloping, acquiring
and managing luxury apartment communities in high barrier-to-entry markets
in the United States. A total of 16 communities were reported.
. Recommended changes which reduced risk and construction costs while
increasing the yield on community developments. Quarterly press releases
updated and presented to Board of Directors.
. Participated in organization of documentation for approximately six 1031
Exchange transactions a year for sale of company assets.
Grolier, Inc., Danbury, CT 1998-2000
Financial Manager
Developed the reporting of actuals, forecasts and budgets for the Danbury
branch of Grolier International, a leader in direct-to-home book
distribution, known for educational reference and children's books. The
position reported to the Senior Vice President of Finance and Operations of
Grolier International located in Hong Kong.
. Managed over $5M of inventory by coordinating the transfer of inventory
between 4 bindery locations and Asia Pacific warehouses. Reconciled
monthly inventory with less than 1% variance to the general ledger.
. Re-engineered accounts receivable function within three months by
applying $700,000 of unapplied cash to customer accounts, creating
monthly customer statements and designing schedules used to reconcile
accounts receivable to the general ledger.
GTE Corporation, Stamford, CT 1991-1997
Financial Analyst
EDUCATION
CMA, Certified Management Accountant - 2009
MBA, Business Policy and Strategy, University of New Haven, New Haven, CT -
Magna Cum Laude - 1993
BS, Finance, University of Connecticut, Storrs, CT - 1991
GROUPS AND ASSOCIATIONS
Board Member for Coastal Fairfield Chapter of Institute of Management
Accountants
Member of FENG - Financial Executive Network Group
Volunteer for ROAR - Ridgefield Operations for Animal Rescue
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