Sales Accounting
Resume:
Bruce Richards
Email: *********@********.***
Address: * *. *** ********** ******
City: Darien
State: IL
Zip: 60561
Country: USA
Phone: 630-***-****
Skill Level: Director
Salary Range: 95
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
Bruce Richards
8S.207 Washington Street, Darien, IL 60561
*********@********.***
FINANCIAL EXECUTIVE
A successful change agent with a background of creating accurate useful financial metrics, especially skillful at identifying opportunities for improvement, translating into specific objectives, creating project plans, marshalling necessary resources, and managing through to completion. Proven capacity identifying, analyzing and resolving complex business and financial challenges - delivering significant and sustainable efficiencies and cost reductions.
Extensive professional skills and experience, including:
* Financial Planning, Budgeting & Forecasting Cost Accounting & Inventory Control
* Improving Processes, Procedures & Productivity Implementing Financial Reporting Systems
* Hiring, Training, Organizing & Team-Building Purchasing, Procurement & Inventory Control
* Solving Complex Business Problems Installing Software Packages
* Producing Financial Statements & Reports Administering HR Plans, Policies & Programs
* Auction of Plant Equipment Cutting Manufacturing Costs & Boosting Profits
Information Technology & Systems Knowledge: MS Server 2003, XP Pro, Cornerstone, EMS, Freidman & Associates, Oracle and MS Word/Excel/Outlook/Access/PowerPoint.
Career Highlights
* Conceived and developed a cross-functional new product approval process. Improved gross margins by $3.0M by eliminated sub-par products.
* Devised and implemented standard cost system and variances by using existing resources. Improved product costs. Gross margins increased by 7% in the first year.
* Eliminated inventory losses by correcting mistakes at three companies. Saved over $1.8M in inventory losses.
* Installed software package at multiple companies. Analyzed evaluated and designed completed project on time with no disruption with business.
* Accelerated and streamlined the accounting closing process. Reduced the process by three days allowing information to be distributed quicker.
* Collaborated with operations to reduce set-up on critical machines. Increased run-time and reduced lead time on over loaded machines.
* Mentoring and instructing operations at weekly financial meetings at GAI. Increased knowledge and understanding of products and manufacturing cost by operations people.
* Identified and recommended changes to the accounting system to correct flaws in closing process. Established that the monthly close was more accurate and better management decisions made.
* Created a new forecasting model. Demonstrated that the new model was faster and more accurate than the old model.
* Developed annual budgets for seven operations locations. Accomplished the budget on-time and created financial measurements for comparison to actual.
* Performed margin analysis by customer for Sales and Marketing Departments. Achieved increased margin by customers as low and negative products were eliminated.
* Created Regional P&L by product line reports at Danly for use by all groups of management. Doubled net profit growth.
* Trained Accounting Personnel on reconciliation of inter-company account in the General Ledger. Accomplished task and met Corporate and GAAP guidelines despite not being reconciled in two years.
* Responsible for accuracy and timeliness of all financial records at GAI. This would include explaining and analyzing results to managers and upper management, and forecasting revenue and expenses.
* Established and generated a flexible budget for operations managers. Lead to expanded knowledge of flexed expenses by operations people.
* Operated and prepared financial analysis for new capital expenditures request. Demonstrated financial impact of new equipment and compared actual to estimate.
* Developed a report which lists the top monthly sales margin by product. Lead to sales reducing less profitable SKU`s.
* Generated and expanded new product breakdown at Harper. Reduced complexity of business and increased product lines led to new machinery.
* Managed an entire Accounting Department at GAI. Managed people in the following departments AP, AR, Payroll, and General and Cost Accounting.
* Organized and supervised a team which developed overhead rates by department. Improved product costs which lead to a more accurate sales margin analysis.
Professional Background
General Automation Inc. Controller Skokie, IL 2008-2012
General Automation Inc. Consulting Assignment Skokie, IL 2007-2008
FPM Heat Treating Consulting Assignment Elk Grove, IL 2007-2008
Interlake Inc. Consulting Assignment Pontiac, IL 2007-2007
FPM Heat Treating Consulting Assignment Elk Grove Village, IL 2006-2007
Harper Pet Products Director of Accounting Bedford Park, IL 1999-2006
Danly Die Set Mgr. Financial Operations Chicago, IL 1989-1999
Ekco Products (aluminum/plastic containers) Northbrook, IL 1977-1989
- Cost Accounting Manager (1985-1989) Cims Project Accountant (1982-1985)
- Budget Analyst (1981-1982) A/P Supervisor (1979-1981) Cost Account (1977-1979)
Hyster Company (lift truck transmissions) Cost Accountant Peoria, IL 1974-1977
Education & Training
Bachelor of Science - Accounting, Illinois State University, Normal IL 1974
Additional training in Inventory Control, Lean Manufacturing, MRP, DRP, Excel, Outlook, Access, Oracle, Freidman & Associates, EMS and Cornerstone.
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