Cedrick Allen
*** ***** ***, *******, ** 30315
abmqkg@r.postjobfree.com
SUMMARY
An accomplished results-driven Financial Manager with a broad understanding
of accounting theories and methodologies who's currently expanding
knowledge base with the pursuit of MS Corporate Finance. This energetic
professional is a team leader, with strong analytical and communication
skills and a proven track record of process and efficiency improvements.
PROFESSIONAL HIGHLIGHTS
. Highly skilled in various aspects of finance and accounting
including: Financial Statement Analysis, CAPM Pricing, DCF Analysis,
Firm Valuations Multi-Level Variance Analysis, Financial Modeling,
Gross Profit Margin Analysis, ROI Calculations, NPV Calculations, IRR
Calculations and WAAC calculations, Budgeting, Forecasting.
. Experienced in applying highly quantitative models used to research
and analyze complex data
. Deadline oriented and respected team lead who believes in a job well
done, on time, every time
PROFESSIONAL EXPERIENCE
Senior Financial Analyst
Verizon Wireless - Alpharetta Georgia (Wireless Telecommunications) 2009 -
Present
. Formulate and perform variance analysis on complex financial models
for quarterly sales forecasts and budgets for six regions across South
Area totaling over $2 billion.
. Create Quota Models to assign appropriate sales targets based on
account revenue projections.
. Audit Quota Models for various errors and communicate with Regional
Finance Managers to resolve any issues
. Manage the process of assigning accounts to over 200 Major Account
Managers across the South Area
. Provide sales KPI analysis through monthly trend reports for South
Area Management
. Calculate targets for Retail Sales Managers quarterly incentive
bonuses
. Provide various ad hoc reports for management via COGNOS queries, MS
Access databases, and Excel spreadsheets
Manager of Operational Accounting
Euramax International LLC - Norcross, Georgia (Metal Fabricating Company) -
2007 - 2008
. Performed Month End close including: Posting reversing entries for AP
accruals, Labor accruals, Freight Accruals, Unapplied Cash, and
Utility Accruals. Posting recurring entries to expense Property Tax,
Reserve for Cycle Count Adjustments, Amortize Advertising & Relocation
expense, Reserve for Customer Volume Rebates, and adjust IBNR Reserve.
Posting Inter-Company JE's and reconciliations to accurately state the
balance in various cash accounts including: Lockbox, Disbursements and
Payroll.
. Prepared and analyzed Balance Sheet and P&L and assisted with
consolidation.
. Analyzed, reviewed, and reconciled all Balance Sheet accounts
including: Lockbox, Payroll, Distribution, AR, Allowance for Doubtful
Accounts, Inventory, Fixed Assets, AP, Unvouchered Liability, Warranty
Reserve, IBNR Reserve, Freight Accrual, and Property Taxes.
. Performed journal entries needed to properly record Business Unit
payroll expense. Reconciled the payroll account to bank statement and
performed labor expense and fringe analysis to confirm the expense had
been properly recorded in the P&L.
. Reviewed Inventory reconciliations to ensure the balance in the
accounts were accurate and all JE's were done in accordance with GAAP
and company policy. Assisted Cost Accounting Manager in resolving
various Oracle 11i ERP issues. Assisted the Cost accounting Manager in
calculating the reserve needed for obsolete inventory.
. Reviewed Capitalized Labor and Overhead accounts to ensure that the
balance was properly stated and that the expense was following COS to
the P&L in a manner consistent with GAAP.
. Researched Fixed Asset discrepancies and performed JEs for all STAT,
cost basis and accumulated depreciation balances and reconciled them
to the Fixed Asset Register. Performed Inter-Company JEs to transfer
Fixed Assets to other entities.
. Verified Capital Expenditures were in accordance with GAAP and company
policy and performed stat entries to classify Fixed Asset activity for
the ease of consolidation.
. Created various Access Databases to streamline processes; including
one which acted as a GL cross validation tool
. Assisted in the implementation of Oracle 11i to other Business Units
by loading and verifying their historical GL data.
Plant Accountant
H.B. Fuller - Tucker, Georgia (Chemical Manufacturing Company) 2004 - 2007
. Performed Month End Close including - verifing the accuracy of
transactional data, adequacy of accruals, post journal entries,
perform account reconciliations. Analyzed Production Models for yield
and cost accuracy and error within the Prism ERP system. Prepared a
monthly Manufacturing Variance Report and narrative with charts &
schedules for conference calls with Director of North American
Operations and President of North American Adhesives.
. Performs Recovery Analysis to verify that the budgeted Overhead and
Labor costs will be fully absorbed by newly calculated cost driver
rates. Analyzed and reported on Labor & Overhead Absorption rates vs.
Actual Labor & Overhead Spending and Budgeted Labor & Overhead
Spending.
. Performed General Ledger Accounting and Manufacturing Variance
Analysis for 8 North American Production Facilities totaling $800M
worth of revenue.
. Served as point of contact for Facility Management and North American
Director of Operations.
. Analyzed WIP account for Production Reporting Errors, Usage Variances,
Routing Variances, and Cost not Synched Errors. Reconciled Perpetual
Inventory balance to the General Ledger Inventory Balance.
. Developed financial models utilizing IRR, NPV, and ROI analysis on
proposed Capital Expenditures. Also developed financial models to
illustrate Gross Profit Margin Analysis for "C" volume products
manufactured at tolling facilities.
. Performed Annual Standard Cost Update including - scrubbing &
calculation of underlying ERP tables, calculation and analysis of cost
driver rates, calculation and analysis of new product unit cost, lead
cost review meetings with facilities, and GL entries needed for
inventory cost revaluations.
. Financial Representative for 48 Lean Six Sigma Projects analyzing
projects for financial reasonableness and project impact to the bottom
line.
. Assisted in annual Operating Budget process including: creating
financial models, forecasting future labor and overhead costs, and
analysis of projected cost driver rates.
. Analyzed differences in plan vs. actual production volume variances
and overhead spending variances.
. Participated on various other projects, study groups, Kaizens, and
Greenbelt Projects all aimed at either improving financial statement
integrity or contributing a positive net impact to the bottom-line.
Accountant -Cost Analyst
M-I Drilling- Houston, Texas (Chemical manufacturing company - oil and gas
services) 2000 -2003
Prepared consolidated financial statements and assisted in quarterly and
annual SEC filings for Affiliates and International Entities. Analyzed
Gross Profit margins for Inter-Company sales and performed eliminations of
Inter-Company sales for Corporate Consolidations. Performed analysis for
purchase price, freight, material usage, labor, (Bill of Materials), and
revaluation variances. Analyzed 50 distribution centers, docks, and plants
both domestic and internationally for physical and cycle count adjustments
ensuring full compliance with GAAP. Lead Oracle 11i implementation for
costing team and trained colleagues in its use.
Tax Auditor
Gary Lambert CPA's- Houston, Texas (Specializes in sales & use tax
compliance) 1998 -2000
Prepared detailed reports of audit findings for various Tax Assessors of
Local Municipalities. Planned and participated in the execution of full
scope audits. Tested levels of controls to determine an appropriate level
of risk detection making audits more efficient and concise.
EDUCATION
Masters of Science, Corporate Finance - December 2010
Georgia State University, J. Mack Robinson College of Business
Bachelors of Business Administration in Accounting - December 1998
Sam Houston State University, Huntsville, Texas
A member of Institute of Managerial Accountants
SOFTWARE KNOWLEDGE
Oracle 11i, OPM, SAP, Cognos Finance & Impromptu, Excel, Access,
PowerPoint, Word, PRMS, PRISM, J.D. Edwards, Webex, Power-Steering, ADI,
Discoverer, Concur[pic]