GARY M. FISCHER, CPA
Des Plaines, IL. 60016
Phone: 847-***-****
E-Mail: *******.****@***.***
OBJECTIVE: Seeking a position where 30 years of accounting and management
experience will add value to operations.
PROFESSIONAL PROFILE
Controller with over 30 years experience in small and mid-size
manufacturing companies.
. Initiated cost reduction programs.
. Developed cost estimates for proposed new products.
. Established cost standards, budgets, forecasts and cash flow analysis.
. Designed cost and inventory reports.
. Possess a strong cost accounting background.
. Proficient in Great Plaines, Visibility (manufacturing accounting
software), Microsoft Office, Excel, Word and Outlook.
PROFESSIONAL EXPERIENCE
Service Tool International, Inc. - Elk Grove Village, Illinois 1994-2010
(Manufacturer for Can industry)
Controller
Directed all areas of financial reporting from review of original account
entry through preparation and issuance of financial statements, which
includes account reconciliation, expense analysis, cash flow management,
monthly closing of books, preparing budgets and analysis, and coordinating
activities of external auditors. Supervised and supported a staff of three.
Maintained and updated personnel files including wage and salary
information, performance reviews, employment regulation compliance, payroll
processing and employee benefit program administration.
. Initiated a cost reduction program that added $300,000 to net income.
. Reviewed and maintained business insurance coverage - enacted changes
that cut insurance
costs by 20%.
. Track costs and variances to budget on all major projects, negotiate
terms and conditions
with customers and banks on Letters of Credit for International orders.
. Administrator for company 401(k) plan. Completed the necessary returns
per ERISA requirements.
. Manage and coordinate IT activities.
. Designed cost and inventory reports that enabled us to better track costs
in work in process
and to monitor inventory movement.
. Major contributor in selecting and converting from an oracle based ERP
system for
manufacturers called Visibility to Great Plains Dynamics giving us
greater financial
reporting capabilities.
. Reduced utility costs by as much as 40%
Littell International, Inc. - Addison, Illinois 1987-1994
(Heavy Equipment manufacturer)
Cost Accounting Manager
Overall responsibility for the financial operations of Littell division of
Allied Products. Supervised and supported an Administrative Department
staff of seven people responsible for General and Cost Accounting and IT
Services. Prepared Financial Statements, journal entries, budgets, account
and bank reconciliations. Monitored material and labor variances and took
necessary action to prevent margin erosion.
. Established and maintained cost standards and directed value improvement
projects.
. Developed and implemented a goals and results program for subordinates as
a basis for monitoring performance and motivating personnel.
. Reduced audit fees by 25% by initiating polices and procedures, internal
controls and computerized work papers.
. Streamlined our cost accounting reporting procedures.
. Implemented new credit and collection procedures and slashed outstanding
account receivable from 70 days to 45 days improving cash flow by $75,000
per month.
OTHER PROFESSIONAL EXPERIENCE
Rust-oleum Corporation - Senior Cost, Financial Analyst/Plant Accountant
1984- 1987
General Fire Extinguisher Corporation - Accounting Supervisor 1978-1984
Coach and Car Equipment Corporation - Cost Accountant 1977-1978
Crosstown Refrigeration - General Accountant 1976-1977
EDUCATION
BS Accounting - University of Illinois at Chicago Circle 1976.
CPA as of 1994.
Member of Illinois CPA Society.
References available upon request