Manager Manufacturing

Richard H. Damon ******@*********.***

**** ****** **** ***** *********: 517-***-****

Howell, Michigan 48855 Cell: 810-***-****

Professional Profile

A capable business leader with more than 30 years experience in the metal

stamping, specialty chemical, plastic, capital equipment, and construction

industries. Background includes responsibility for corporate and/or plant

P&L, budgeting, forecasting, inventory control, international

customer/vendor relations and foreign currency transactions. A team player

with sound business judgment and the ability to design, implement and

manage the accounting, financial reporting, cash management and financial

functions of a single or multi-site business entity.

Accomplishments

Financial Management

1. Negotiated revolving and term credit lines with financial institutions.

2. Due Diligence contact and information source for successful company sale

01/31/08.

3. Increased commercial insurance coverage and reduced cost by more than

30%.

4. Reduced employee medical insurance cost by 40% and increased

availability of providers.

5. Responsible for Foreign Sales Corporation (FSC) and multidivisional

consolidation reporting.

6. Negotiated customer letters of credit and issued vendor foreign currency

draft payments.

7. Created business plans, operational and capital budgets, and cash flow

projections.

8. Developed policies, procedures and format for departmentalized

operations budget.

9. Designed and implemented job cost and standard cost systems, including

variance reporting.

10. Defined functional areas for interdepartmental direct and overhead cost

allocations and established standards for product line cost accounting

system with labor and overhead variance analysis.

11. Negotiated federal and state payroll tax penalty abatements.

12. Reduced independent audit fees one third by internally preparing

Federal (1120 & 1120S) and State (MSBT & Sales/Use) tax returns.

Technical Services

13. Computer software/equipment training consultant to colleagues,

subordinates and supervisors.

14. Designed and implemented LAN & WAN networks consisting of Windows and

Unix units.

15. Replaced network leased line remote site access with Internet backbone.

16. Installed and configured network firewall for increased security.

17. Re-engineered data collection and financial reporting process to

facilitate the transition of a research & development firm to a

manufacturing entity.

18. Repaired, rebuilt and upgraded computer hardware and support equipment.

Employment History

Controller, Marelco Power Systems, Inc., Howell, MI Aug 04 - Jan

10

Manufacturing: Transformer, Inductor, Power Supply, & Custom Magnetic

Components

Controller, ADCO Group, LLC, Novi, MI Nov 03 - May 04

Construction: Commercial & Residential Development

Controller, Kneisel Construction Co., Wixom, MI Nov 01 - Mar 03

Construction: Earthmoving, Underground Utilities & Roadwork

Controller/CFO, Balaguer Corp. dba Flex-Cable, Pontiac, MI Aug 97

- Nov 01

Manufacturing: Automotive Tier 1 - Tooling & Engineering

Controller, Arbor Research Corporation, Ann Arbor, MI Mar 96 - Aug

97

Manufacturing: Capital Equipment - Pre IPO

Controller, Great Lakes Machine Products, Inc., Hamburg, MI Nov 94

- Mar 96

Manufacturing: Screw Machine Products

Controller, Chris-Craft Industries, Inc., Gary, IN Apr 93 - Aug 93

Manufacturing: Band Casting - Plastic

General Accounting Supervisor, Performance Staffing, Lansing, MI May 92

- Jan 93

Manufacturing: Automotive Tier 1 - Metal Stamping

Controller, United Paint & Chemical Co., Southfield, MI Feb 90 - Oct

90

Manufacturing/Wholesale/Retail: Automotive Tier 1 - Paint

Accounting Manager, Chem-Trend Incorporated, Howell, MI Apr 78 - Feb

90

Manufacturing: Specialty Chemical

Office Manager, Dexter Stamping Company, Dexter, MI Aug 70 - Apr

78

Manufacturing: Automotive Tier 1 - Metal Stamping

Education

Cleary University, Howell, Michigan

Bachelors of Business Administration June 1982

With Honors - Accounting Major GPA 3.66/4.0

University of Michigan, Ann Arbor, Michigan

Management by Objectives

Financial Analysis, Planning and Control

American Management Association, Chicago, Illinois

Management Principles for Accountants

Michigan Association of CPAs, Southfield, Michigan

Activity Based Costing for Small & Mid-Sized Organizations

NIST/Michigan Manufacturing Technology Center, Ann Arbor, Michigan

QS-9000 Internal Auditor

Military

United States Air Force, Communications Center Specialist.

Top Secret with Cryptographic Access security clearance.

Honorably discharged as Sergeant (E-4).

Served 18 months in North Africa and 24 months in Japan.

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