Accounting Manager

WILLIAM D. McCLEERY

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

Apex, North Carolina 27502

e-mail: **********@***.***

Cell Phone 919-***-****

OBJECTIVE

Manager, Controller

PROFESSIONAL SUMMARY

Financial professional with significant experience in a manufacturing and

distribution environment.

Responsibilities cover General Accounting, Cost Accounting, Inventory,

Financial Analysis, Budgeting, Forecasting, Planning, Credit & Collections,

State and Federal Income Taxes, MIS, Special Improvement Projects and

Capital Administration.

Experience working in internationally owned and managed companies

Experience in the automotive and telecommunications industries.

PROFESSIONAL EXPERIENCE

OLYMPIC STEEL, Siler City, NC Feb 2007 to January 2008

A steel fabrication company which manufactures components for the

construction industry.

Controller (February 2007 to January 2008)

Responsible for the accounting functions of this $20mm sales organization.

. A member of a new turnaround staff following a bankruptcy.

ENGINEERED SINTERED COMPONENTS, Troutman, NC April 2004 to Feb 2007

A manufacturer of automotive parts used by other parts manufacturers in

support of Toyota, Nissan, GM, and Ford.

Controller (April 2004 - Feb 2007)

Responsible for the accounting functions of this $65+mm, 540 employee

Japanese owned and managed manufacturer of automotive components. The

Japanese parent company is Sumitomo Electric Industries.

Leadership responsibilities include general accounting, cost accounting,

inventory, budgeting, payroll, insurance, credit and collections, state and

federal income taxes, capital administration treasury activities, transfer

pricing, month end close, annual close, and year end audits.

. Implemented a revised accounting and control process for a 90% owned

start up partnership.

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. Implemented a weekly P&L review process to provide increased focus on

cost control and financial performance.

. Assisted in the development of a financial information system that

provided user-friendly access to all levels of the organization.

SUMITOMO ELECTRIC LIGHTWAVE CORP., Research Triangle Park, NC Jan 1999 to

April 2004.

A manufacturer of fiber optic cable and connector products and an importer

and distributor of network components in support of the telecommunications

and fiber optic network industry.

Controller [Jan. 1999 - April 2004]

Responsible for the accounting functions of a $250+mm, 725-employee

manufacturer of fiber, fiber optic cable, and cable connectors. These

statistics were at the peak performance level for the company. Lead a

staff of 11 professional and 4 technical employees.

Leadership responsibilities include general accounting, cost accounting,

inventory, budgeting, payroll, insurance, credit and collections, state and

federal income taxes, capital administration, treasury activities, transfer

pricing, month end close, annual close, and year end aaudits.

. Managed the accounting department that serviced a manufacturing operation

for cable, a wholesale distributorship of imported fiber optic

components, and a partnership that manufactured fiber for the parent

companies of Sumitomo Electric Lightwave and Optical Fiber Systems.

. Had oversight responsibility in the spin-off of the optical products

segment of the business into a separate company.

. Participated in the selection and the implementation of a fully

integrated software system that provided increased credit controls and

automated matching processes in AP.

. Responsible for the credit and collections activity for a portfolio of

over $50mm in accounts receivable at its peak.

. Implemented cost reductions to manage cash at break-even levels during a

severe downturn in the telecommunications industry.

. Implemented a 37% efficiency improvement in the month end closing

process.

CONSOLIDATED DIESEL COMPANY, Whitakers, NC 1983 to Oct.

1998

Case Corporation and Cummins Engine Company partnership, manufacturing high

volume, medium duty diesel engines for the automotive, industrial, marine

and power generation markets.

Director of Finance and Systems (1993-1998)

Direct all finance and MIS functions for this $660mm, 1,860 employee state-

of-the-art manufacturing facility. Led a staff of 27 professionals and 19

technical employees.

Managerial responsibilities include general accounting, cost accounting,

inventory, budgeting, forecasting, payroll, capital appropriations,

contract administration, corporate reporting, and systems development and

administration.

. Reduced transportation cost $440k through a negotiated logistics

contract.

. Assisted in the design and implementation of a merit based compensation

system with an estimated NPV benefit of $13.2m over a seven-year period.

. Increased employee efficiency by designing and implementing a performance

based variable compensation system.

. Eliminated a wall-to-wall physical inventory through the implementation

of a statistical monetary unit sampling process.

. Directed the administration of $160m in capital investment for next

generation diesel engines.

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EDUCATION

Masters of Business Administration, Campbell University (1984-1986)

BS Business Administration, Youngstown State University, 1972

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