Manager Project

Robert F. Ritzie

**** ***** **** ***** ***** Louis, MO 63129 314-***-****

Email: ******@***.***

Qualifications Summary

VP of Finance and Controller with extensive experience in accounting,

finance and management. Strengths lie in analytical skills, work ethic and

respect for all people and functions within an organization. Ability to

solve problems and be proactive on solutions will help improve the bottom

line.

With experience in

Cash Management Acquisitions Cost Accounting

Budgeting Forecasting Long Range

Planning

Financial Reporting Treasury IT Management

Professional Experience/Accomplishments

Pretium Packaging LLC, St. Louis, MO 2004 - Present

Western Region Controller

My responsibilities include helping to reestablish accounting procedures

and controls at 5 manufacturing facilities with a total of $90,000,000 in

sales. Working with Oracle, I am in charge of monthly closings, weekly

forecasting, annual planning with day-to-day communications with the 5

Plant Managers located in the Midwest.

. Helped the management team turn one of the facilities into a

profitable operation after several months of $200,000 losses within

one year.

Originally hired as a Consultant. Projects have included working on Oracle

in the areas of Cost Accounting, G/L, Inventory and Production modules.

Completed research on value added processes with the goal of determining if

they are profitable. Also advised on consolidation of accounting

responsibilities at a central location.

Excaliber Tubular Corporation, St. Louis, MO 1996 -2002

CFO/VP-Finance

With 3 partners, we raised $25,000,000 in venture capital to consolidate

and combine the steel tubing manufacturing with down stream fabrication.

Acquired 7 businesses in 2 years with my role being involved in financial

and legal due diligence and establishing credit lines with banks for

funding purchases and operations. On a daily basis, I had overall

authority for the financial operation of the organization, budget

preparation and administration, audit, taxation accounting, 401(k) program,

insurance and cash management. Designed and prepared the monthly,

quarterly and annual reports summarizing and forecasting the company's

financial position in areas of income, expenses, and earnings based on

past, present, and expected operations. Developed financial reports to

analyze business trends and daily operating cost. Supervised a staff of 7

professionals and several support personnel.

Bull Moose Tube Company/Caparo Steel Company, St. Louis, Mo 1981-1996

VP-Finance - Caparo Steel (1994-1996)

Per request from owner in UK, senior management of Bull Moose purchased the

assets of the bankrupt Sharon Steel in December 1994 for $25,000,000.

Negotiated $6,000,000 loan from the state of Pennsylvania and $46,000,000

revolving line of credit and term loan. Since the assets had not run in

over 2 years, senior management put together the start up plan and started

to hire up to 400 employees, of which 80 were salary staff employees. Plan

also included $150,000,000 in additional investment to make the mill

competitive with minimills. Developed the accounting procedures and

reporting since we inherited no financial systems. I was also responsible

for putting together the IT department and developing the computer system

since no computer was purchased with the plant assets. First heat was

poured in April 1995 with production peaking at 35,000 tons per month.

VP-Finance - Bull Moose Tube (1988-1996)

Promoted from Controller position. Bull Moose was acquired in 1988 by a

foreign corporation from National Intergroup (old National Steel Corp.),

which required the company to maintain its own banking and daily cash

requirements. Since the acquiring corporation was located in London,

England, the accounting department developed various methods to report

results in both US and UK formats. With 5 operations, located in

different states and one in Canada, established quarterly accounting

manager meetings, which focused on developing best-demonstrated practices,

not only for accounting, but for all functions of the operation, including

cost improvements and inventory management. Managed corporate controller,

5 accounting managers, credit manager and staff accountant

. Worked on two acquisitions and involved in financing and due

diligence.

. Managed cash and banking relationships for credit agreements in both

the US and Canada.

. Negotiated general and product liability insurance to increase

protection and decrease rates.

. Researched and converted the group health insurance and worker's

compensation insurance from premium policies to self-insured programs.

. Established bonus programs for all employees based on improvement in

profits year over year.

Controller - Bull Moose Tube (1985-1987)

Assistant Controller - Bull Moose Tube (1984-1985)

Accounting Manager - Bull Moose Tube (1981-1984)

With company growing from one facility to three (one facility purchased and

the other was a Greenfield site), developed consolidation for financial

statements and management reports.

. Established annual profit (budget) plan process to identify the profit

expectations for the next year and quantify the key performance

factors which contributed to the profit expectations.

. Developed weekly forecast for profit and cash flow so accounting would

be able to relate to management the areas that the company was ahead

or behind on hitting the plan results for the month.

. With the president of the company, we created the strategic planning

process to help identify the long-range goals of the business.

. Responsible for the IT department as the company replaced its shared

computer system at corporate headquarters with a stand-alone fully

integrated system for Bull Moose. In addition, I was project manager

of the system installation.

. Developed a pricing model which took the actual/standard cost of a

tubing product and developed a selling price grid based on profit per

mill hour expectations. This system allowed management to better

control profitability and gave sales more accurate pricing information

on a real time basis.

. Authority over credit; developed a credit policy that improved DSO

from 50 days to 43 days.

Tiffany Industries Inc. St. Louis, MO 1978-1981

Accounting Manager (1979-1981)

Staff Accountant (1978-1979)

Worked as Accountant for company going through extensive audit with SEC.

Company was a $35,000,000 holding company for various manufacturing and

distributions centers.

Armco Steel Inc. Middletown, OH 1977-1978

Staff Accountant

NCR - Microelectronics Division - Miamisburg, OH 1974-1977

Co-operative Education Student/Accountant

Completed college in 4 years while working 16 months full time in cost

accounting, financial reporting and payroll.

Education

BS, Accounting, University of Dayton, Dayton, Ohio, 1977.

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