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Accounting Manufacturing

Location:
Birmingham, AL, 35244
Posted:
May 20, 2010

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Resume:

David E. Nix -

CPA

*** ****** ***** *****

Birmingham, Alabama 35244

Phone 205-***-****

Email:

abmsgk@r.postjobfree.com

PERFORMANCE HIGHLIGHTS

. Evaluated and negotiated financing proposals for working capital and

equipment loans.

. Substantially increased cash flow by decreasing bad debt and days

accounts receivables are outstanding. This also substantially decreased

interest expense.

. Reorganization of accounting and administrative department enhancing

staff expertise and performance.

. Numerous years experience with standard cost systems.

Improved financial reporting reducing closing time of financial

statements.

. Experienced with PC and Mainframe systems with various types of

accounting software. This software includes SAP, MAS500,Great Plains and

FoxPro. Assisted computer analyst to evaluate software and hardware

needs and coordinate conversions and implementation.

. Experienced in working in a fast paced environment managing numerious

priorities.

. Yearly budget preparation and analysis. This includes monitoring budget

to actual performance and making recommendations on measures to control

costs.

PROFESSIONAL EXPERIENCE

McWane International, Inc.

(Pipe,Valves, Gaskets, Controls)

2005-Present

Division Controller

Financial planning and long term projections of operations, cash flow and

financial condition.

Preparation of Financial Statements including general ledger, balance sheet

and trial balance.

Extensive yearly and monthly forecast/ budget preparation and analysis

Developed and implemented complex financial goals and objectives of the

division.

Assist external auditors with year end audit.

Credit analysis and collection.

Managed and directed accounting department staff.

Negotiate with foreign customers and banks on letters of credit.

Sealing Equipment Products, Co., Inc., Alabaster, AL (Manufacturing,

Gaskets, Seals)

2001-2005

Controller

Responsible for directing, administering and controlling financial and

administrative operations.

Direct all aspects of accounting operations (General Ledger, AR, AP and

Payroll) and the preparation of monthly financial statements.

Development of financial accounting and control systems.

Coordinate year-end audit with external auditors.

Provide guidance and leadership to accounting and administrative group.

Train and coach staff.

Extensive budget preparation and analysis.

Development and maintenance of cost systems.

Participated in due diligence of acquired companies.

Direct and supervise Human Resource and IT departments. This includes the

development and implementation of various types of projects.

Reduced cost in administrative areas such as health insurance, business

insurance etc.

Negotiated with various financial institutions in obtaining loans for

equipment, and line of credit.

Oversight of daily cycle counts and monthly inventory reconciliation.

Participated in lean manufacturing events and experienced with its

financial benefits.

Page 2

David Nix Resume

Carlisle Engineered Products Inc, Tuscaloosa, Al

(Manufacturing Plastic Injection Molding Automotive)

1992-2001

Plant Controller

Established and maintained cost standards, including inventory &

manufacturing absorption analysis.

Extensive budgeting & forecasting analysis.

Implemented and developed enhancements to cost and budgeting system.

Responsible for the month-end close process.

Monitor inventory adjustment items and at month-end, tie items out to

General Ledger

Reconciled inventory.

Worked with manufacturing to help close the gap between manufacturing and

accounting to facilitate the month-end process.

Researched and resolved any issues that have generated a financial variance

that needs validation or explanation.

IT duties included software updates, investigate computer server issues and

find solutions.

Barber Dairies Inc., Birmingham, AL (Manufacturing and Distribution, Dairy

Products)

1987 - 1992

Plant Controller

Responsible for all accounting, data processing functions for the

Birmingham Division and Barber Real Estate Development Company.

Prepared and analyzed monthly financial statements for three separate

companies.

Implemented system to track cash flow that was used to project cash

availability on a daily basis. This system enabled us to transfer excess

cash daily to interest bearing accounts resulting in extra income for the

company. Set-up lock-box with local bank to speed up conversion of receipts

to cash. This eliminated three days of processing time resulting in quicker

cash availability.

Developed a cost accounting analysis that accurately kept track of the cost

of various products produced. This was extremely beneficial to the sales

department in setting prices and obtaining the desired gross margin.

Extensive experience in the development of yearly and monthly budgets.

Developed credit policy standards and performed in depth credit evaluations

on clients, resulting in a higher rate of on time receivable collections.

Provided senior management with monthly review of operations: worked with

the General Manager to control cost and maximize profits.

Educational Background:

University of Alabama in Birmingham

B.S. Accounting

CPA - State of Tennessee



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