SU K. KOONG, CPA

**** ******** ***** **. ***** Rapids, IA 52411 319-***-**** abnwm7@r.postjobfree.com

P ROFILE

Prudent, motivational, and analytical executive/manager with more than 20 years of experience leading accounting,

finance and information technology for major industrial manufacturers. A highly motivated, hands-on, detail and

deadline oriented self-starter who handles strategic business and operational issues well. Deep understanding of capital

structures and debt refinancing, with an eye toward minimizing the cost of capital and maximizing liquidity. Seasoned

decision maker in a large, consolidated corporate environment that will add value to other key areas of the business,

including operations, HR, sales, and marketing. Proponent of process automation and known for customizing IT systems

to specific operational requirements.

C ORE C OMPETENCIES

Financial Analysis & Reporting Internal Accounting Controls

Project Accounting Treasury & Debt Financing

Budget Control & Forecasting Information Technology Management

Strategic Planning Mergers and Acquisition Strategy

Cost Accounting Risk Management

Credit and Collections Audit and Taxation

P ROFESSIONAL E XPERIENCE

PMX Industries, Inc., Cedar Rapids, IA, 1990 – March, 2009

$500 million manufacturer of copper, nickel and zinc based alloy products for a variety of industries.

Vice President, Accounting & Finance, 2000 to March, 2009

Align the finance, accounting, and IT functions with strategic and P&L objectives. Guide the annual financial planning

process, developing multiyear operating and capital budgets. Minimize risk through sophisticated hedging strategies and

stringent customer credit screening. Identify merger, acquisition, joint venture, divestiture, and other corporate

restructuring opportunities. Oversee financial reporting, ensuring accurate accounting and consolidation to the parent.

Manage working capital to maximize liquidity; procure short and long term debt financing as needed. Implement best

practices, cost controls, and operating process enhancements, using modern ERP and other IT systems. Contribute to the

management of human resources, labor relations, union contract negotiation, and sales and marketing. Supervise a team

of 20.

Cost & Operational Control Achievements:

Generated operating efficiencies that reduced departmental staffing requirement from 30 to 20 and monthly

closing cycle from 5 to 3 days.

Pioneered a paperless approach to accounting and administration.

Eliminated $2 million in expenses using outside supply chain management vendors for chemical handling,

freight transportation, and inventory management.

Implemented an Axiom ERP system and SAS Activity Based Cost Management program.

Streamlined labor management and internal payroll processing using a Kronos system.

Implemented a Budget Maestro system for annual business plan development and budget administration.

Corporate Development / Capital Reengineering Achievements:

Established and operated 2 multimillion-dollar joint ventures.

Secured a $500 million, 5-year relationship with U.S. Mint.

Restructured $250 million worth of short and long-term debt capital.

Initiated and developed business process reengineering and leadership training efforts.

Controller, 1990 – 2000

Created the original finance, accounting, and IT departments during the startup phase of the company. Defined all

operating protocols, staffing structures, and reporting processes. Set financial, accounting, and risk management

strategies, designed the capital structure, and fleshed out the early operating plan and budget. Incorporated appropriate IT

systems into the operation to fuel productivity. Led a team of up to 30 staff.

Specific Achievements:

Drove efficiency by replacing a manual operation with a Syteline ERP system.

Tapped to fill in as acting Chief Financial Officer in 1997.

Expanded manufacturing capacity with a plant acquisition in Ohio.

Championed and completed a $30 million plant construction project in Tennessee.

Engineered profitable, strategic sales of both manufacturing facilities.

Procured advantageous credit terms on $120 million worth of debt.

Motivated a 30% reduction in inventory and a 10 point boost in yield by introducing an employee gain-sharing

program.

Created an activity based and standard costing models that tightly controlled capacity requirements and

enhanced profitability analysis.

MODERN PACKAGING RESEARCH, INC., Perrysburg, OH, 1987 – 1990

Controller

Responsible for all aspects of financial, managerial accounting functions and IT department of the research oriented

company.

Instituted and automated manual accounting system within 3 months of engagement.

Improved Job Cost accounting system for increased revenue and project cost identification.

OWENS-ILLINOIS, INC., Toledo, OH, 1981 – 1987

Division Financial Analyst

Compiled and assessed consolidated financial reports and performance analysis for 3 regional operating plants. Assisted

plant budget development, annual business planning and standard cost development. Selected and served as MIS

coordinator for the division.

Managed plant flexible budgeting system development.

Converted manual financial analyses and reports into electronic forms.

Designed user interface and reporting structure for the division for corporate-wide system integration project.

Programmed and automated financial consolidation process using PCs and micro computer programming

language.

E DUCATION & C REDENTIALS

Master of Science in Accounting, University of Toledo, Toledo, OH

Research Assistant for the article published in the Journal of Accountancy

Bachelor of Arts in Ag. Education, Seoul National University, Seoul, Korea

Professional Certifications

Certified Public Accountant, 1985

T ECHNICAL S KILLS

Applications - SAP (training), Axiom, Syteline, Kronos, Maximo, Qlikview, Budget Maestro, SAS ABMS, MS

Office suites.

Programming - Windev, MS Access (Visual Basic for Application), Clarion.

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