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Management Manager

Location:
Wheeling, IL, 60090
Posted:
April 04, 2010

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Resume:

Tom Horan *** Holly Court ( Wheeling, Illinois ***90

Cell: 847-***-**** e-mail: ******@*****.*** Linkedin:

http://www.linkedin.com/in/tomhoran3

Overview

Strategic and results-oriented VP of Finance and Administration offering

nearly 15 years of proven financial, operational, and infrastructure

management success. Accomplished leader known for technical guidance and

managerial acumen as well as providing insight and clarity into complex

financial standards and accounting pronouncements. Highly skilled in

process improvement, financial controls, and risk mitigation. Resourceful

change agent adept at assessing executive management needs, strengthening

cost controls, and maximizing profit margins. Offer broad experience in

business consolidations and tax compliance.

Professional History

TPG Printer, Inc. ( Lincolnshire, Illinois

Sept 2004-June 2009

Venture capital owned, privately held, $50M global manufacturer and

retailer of printers and printer solutions.

Vice President of Finance and Administration

Nov 2007-June 2009

Reported to the President/CEO. Managed administrative and operational

functions across finance, office management, human resources, and

information technology. Managed 12 employees in total. Managed treasury

functions and maintained relationship with banking partner who holds

capital revolving loan. Created business plans and strategies to achieve

corporate controls and objectives.

Controlled company benefit and retirement plans, reviewed investment

results and ensured compliance to company risk/return policy. Prepared data

and managed the annual review of risk management policies with outside

insurance broker.

. Eliminated $1M in redundant or otherwise wasteful expenses by

consolidating sister company's finance functions into main company,

establishing procedures for absorption of accounting data into operating

GL.

. Saved $500K by closing facility in Mexico and redirecting manufacturing

to China. Ensured that the company assets and financial information were

properly recorded.

. Consolidated multiple 401(k) plans into a single plan. Secured superior

pension and 401(k) plan administration reduced fiduciary risk to

management, improved fund diversification and rate of return for

employees, which reduced the company's overall costs of maintaining the

plan on an annual basis.

Controller

Sept 2004-Nov 2007

Reported to the CFO. Directed operational accounting, cost accounting,

internal and external audits, reporting, and budgeting controls including

Finance Department in Mexico. Managed 7 employees, ranging from controllers

to staff accountants, while keeping costs within departmental budget of

nearly $2M. Maintained modules of Standard Cost system. Prepared all sales

and use tax returns. Resolved outstanding tax issues with federal and state

government agencies. Developed annual plans in conjunction with outside

auditors for the audit and annual tax functions.

. Reduced the cost of the annual audit by $20-25K annually by improving the

monthly and year-end close process that resulted in a quicker audit with

fewer year-end adjustments.

. Reduced the time to close the accounting period and prepare the monthly

management reporting package, which resulted in more accurate and

timelier financial information. This allowed management to respond

quicker to new trends, which either increased revenues or decreased

costs.

Tom Horan

Page 2

Huhtamaki Plastics, Inc. ( Lake Forest, Illinois

April 1999-Dec 2003

$150M division of a foreign owned global manufacturer of plastic food

containers.

Division Controller

Dec 2000-Dec 2003

Maintained balance sheet and corporate P&L statement. Consolidated

individual plant P&L, reporting results and plan variances to management.

Supervised 3 staff accounts and 3-5 plant controllers. Established accurate

manufacturing specifications with Engineering and Production managers to

create accurate standard product costs. Prepared annual plant budget in

conjunction with the plant manager.

Implemented new reporting procedures to streamline accounting process for

capital projects, saving preparation time and saving upfront costs. Oversaw

consolidation for monthly close and all balance sheet analysis. Coordinated

annual budgeting process for all plants and prepared home office budget.

Maintained all fixed assets records and capital expenditure schedules.

Interfaced with external auditors for annual audit.

. Reduced inventory costs $500K by improving raw materials tracking.

Established procedures that aligned rail car receipts to specific

invoices, thus reducing AP processing time and investment in inventory.

. Saved money and staff time by standardizing budget processing and format

across all plants, leading to more efficient budgeting period at plant

level and at corporate level during consolidation process.

Plant Controller

April 1999-Nov 2000

Controller for two plants with sales of $78M and the Engineering Tech

Center that supported these locations. Responsible for all aspects of the

monthly close from inventory counts to the management variance reporting.

Help to prepare the annual plant budget. Worked with Engineering and

Production Dept Managers to established accurate manufacturing specs, which

were then costed out to create accurate standard product costs. These costs

were then used in calculating the annual budget and explaining all

variances incurred throughout the next budget year.

. Changed the manner in which re-usable scrap was costed which reflected

more accurate expenses and inventory values.

. Implemented new reporting procedures for plant CAPEX projects saving

upfront time and money.

Docusystems, Inc. ( Morton Grove, Illinois

Nov 1997-April 1999

Manufacturer of ticket stock for transportation industry, serving domestic

and international clients.

Tax Manager/Corporate Accountant

Headed tax accounting functions, including planning and calculating state

income tax, franchise tax, and federal income tax, in addition to preparing

all required taxation forms and returns. Converted and recorded foreign

subsidiary's monthly activities. Prepared the monthly management reporting

package.

. Strengthened company's bottom line by eliminating considerable expense of

3rd party sales tax preparation.

Additional Previous Experience

Marilyn Miglin, L.P.

Controller, Dec 1996-Nov 1997

Chemco Manufacturing Company, Inc.

Controller, June 1993-Dec 1996

Reifler and Sharps CPA's

Sr Staff Accountant, Sept 1988-June 1993

Education & Certification

Bachelor of Science in Business Administration University of Dayton - 1975

Certified Public Accountant (CPA) Illinois - 1982



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