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Accounting Management

Location:
3855
Posted:
March 09, 2010

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Resume:

Daniel J Maxfield

** **** ****

New Durham, NH **855

(H) 603-***-**** (C) 603-***-****

E-Mail ********@*********.***

Controller-Operations Specialist

Personal Synopsis:

Highly dynamic Financial and Operations professional with over 25 years training and implementing strong internal

controls and reporting to allow operations management to respond rapidly to the ever changing business environment. I

am seeking a position that allows me to capitalize on my business skills, my endless drive to succeed and be creative with

the fast pace of dynamic business. I have continued to demonstrate my skills in Financial and Business Processes

including Project Cost Management, Manufacturing Operations, Management Reporting and Resource Management. I

currently have expertise in Oracle, Epicor (EB2), and Mapics ERP and Financial Systems, with a strong knowledge of

Hyperion Financials and Microsoft Office.

Accellent Inc: New Hampshire - Medical Device Manufacturer

Controller (17 Controller Positions eliminated) 6/2008-8/2009

• Responsibilities Include: Overall direction of Accounting and Information Services for a $20M Company which include

Full Accounting, Budgets, Forecasting, and Standard Costing and setting of Labor and Overhead Costing and Quoting

Rates.

• Partnered with Supply Chain Management: Decreased Inventories by 20%, and improved turns 5.5 to 6.7 which

allowed for quicker reaction to ever changing customer demands.

• Partnered with Finance Team: Implemented Balance Sheet Controls for monthly accounts’ reconciliations creating

proper Profit and Loss Reporting

GE HealthCare Life Science Group- Whatman PLC: Maine Medical Device Manufacturer

Plant Controller (Plant closed) 8/2006 – 6/2008

• Responsibilities Include: Overall direction of Accounting and Information Services for the US Manufacturing Facility to

include Standard Costing, Inventory Analysis, Budgets, Forecasting and Financial Reporting at the Gross Margin

Level.

• Partnered with Operations, Engineering, and Supply Chain: Evaluated and made the necessary changes to our BOM’s

and Routes, completing the project 3 months early. Reviewed the top 80% of the revenue dollars shipped in the last 12

months allowing us to be more competitive and project lead times that are more realistic.

• Partnered with Inventory Control: Implemented a Cycle Count Program- performance improved from 50% accuracy to

95% accuracy in the first 6 months allowing us to improve our “on time” deliveries and lead times.

Smiths Tubular Systems (Lewis & Saunders): New Hampshire Aerospace Component Manufacturer

Financial Controller (CFO) 10/2002 – 10/2005

• Responsibilities Included: Direction of all Accounting and Information Services for 3 Divisions with a combined

Revenue of $60M which included Full Accounting, Budgets, Forecasting, Standard and Actual Costing.

• Partnered with Operations: Consolidation of 2 plants reducing overall cost (30%) and allowing us to be more

competitive in a very competitive Aerospace market.

• Partnered with Management and Finance: Reduce Closing cycle time form 4 days to 1 day, by using more Accrual

Accounting and better management of Inventory Transactions and Reporting, thus providing Management Financials

on a more timely basis and the ability to react quicker to the changing Aerospace Customer demands

• Partnered with Finance: Implementation of stronger Balance Sheet controls so all accounts were reconciled monthly s

to avoid any new earning announcement. (Prior to my arrival Company announced $1 M cash write off)

New Hampshire Ball Bearings: New Hampshire Aerospace Components Manufacturer

Controller 10/1997 – 10/2002

• Responsibilities Included: Direction of all Accounting and Information services for a $60M Division including Full

Accounting, Standard Job Order Costing, and Financial Reporting

• Partnered with Management and Finance: Reduced Closing cycle time form 2.5 days to 1 day, by using more Accrual

accounting and improved management of Inventory transactions and reporting also providing Management Financials

on a more timely basis and the ability to react quicker to the changing Aerospace Customer demands

• Partnered with Materials (Co-Chairman) and Corporate Finance: Implemented New Mapics Financial and Material

Reporting Package, completed on time and under budget

• Partnered with Planning (Co-Chairman): Implemented New Mapics (Version 6) Advance Planning System therefore

reducing lead times and allowing plant to be more competitive in the Aerospace Market.

Daniel J Maxfield

(H) 603-***-**** (C) 603-***-****

E-Mail ********@*********.***

Annalee Mobiltee Dolls: New Hampshire Collectible Doll Manufacturer and Retailer

Controller 10/1995 – 10/1997

• Responsibilities Included: Direction of all Accounting and Financial reporting for a $18M manufacturing and retail

Subchapter S Corporation which included Full Accounting, Financial Reporting and HR Risk Management

• Partnered with Senior Management and Family Owners: Implement the company’s first monthly Cash Forecasting

Model and first Monthly Financial Letter allowing Management and the Family the necessary resources to develop new

products and “grow the business”

• Partnered with the family: Established a line of credit of $2.5M allowing additional growth opportunities.

Spaulding Composites: New Hampshire Manufacturing -Tubing and Assemblies

Controller 1988-1995

• Responsibilities Included: Direction of all Accounting and Financial reporting for a $20M Fabrication Division which

included Full Accounting, Budgets, Forecasting and Standard Cost for a Job Order Business.

• Partnered with the VP and General Manager: Develop the Divisions Annual One Year Plan and Internal Financial

Reports thru extensive use of the PC therefore reducing the time frame to complete and elimination of numerous

manual efforts.

• Promoted to Corporate Controller during Chapter 11 and responsible for the transfer of the Corp Finance office from

NY to NH- which including the training and hiring off all new personal,completed the project 3 months ahead of

schedule.

Adams Russell Electronics: Massachusetts Manufacturer of Electrical Components

Controller 1985-1988

• Responsibilities Included: Accounting and Financial reporting for two Divisions which included Full Reporting,

Budgets, Forecasting, and Government Accounting. This include negotiating rates structures with the DCAA

• Partnered with the General Manager and Group Controller: Implemented a Standard Job Cost System to meet the

future growth of the Government Business.

• Member of the Corporate Acquisitions Team to perform the Companies due diligence prior to final negotiated offer

Sanders Associates: New Hampshire Prime Government Contractor

Staff accountant to Manager Financial Planning and Analysis 1977-1985

Education:

Present - Executive Masters in Accounting- Southern New Hampshire University -expected graduation mid 2010

1983 - Masters in Business Administration Rivier College, New Hampshire

1974 - Bachelors of Science in Accounting Bentley College, Massachusetts

Other Activities

Accounting Instructor:

• Instructor in accounting I and II, Intermediate, Cost accounting I and II, Managerial Accounting, Financial Management

(MBA Level) and Federal Taxes

Rochester Rebels – Assistant Director and Coach

• Organization to promote AAU Summer Basketball for girls in New Hampshire



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