Kenneth R. Pincumbe, CPA, MBA

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

Batavia, Oh. 45103

ac0zqy@r.postjobfree.com

C. 513 /509-1401

CAREER GOAL:

Financial leadership. Exceptional managerial accountant, desiring an opportunity to lead the financial operations of a progressive business organization while contributing my knowledge and experiences to the overall company goals.

EDUCATION

C.P.A. - Certified Public Accountant (OH active)

M.B.A. - Xavier University (Taxation concentration) 3.5 overall G.P.A.

B.B.A. - University of Cincinnati, Finance

PROFESSIONAL QUALIFICATIONS

Offering several years of financial experience, including unique abilities to teach and mentor financial professionals, establish strong relations with outside parties (Banking and Auditors), along with successful career growth in positions of increasing responsibilities with skills in the following areas:

Working capital Flex budgets and forecasts ERP System conversions

Treasury / banking Fixed and variable costs Regression analysis

Standard cost Standard cost variances Staff development

Accounting research Inventory valuation Taxation (all aspects)

Financial reporting Audits Monthly closings

Cost reduction Breakeven points MRP

EMPLOYMENT RECORD

Adjunct Professor of Accountancy: Xavier University 2014 to present (8

classes to date)

Highly respected part-time professor of accountancy, instructing students in cost behavior, regression analysis, break-even points, standard costing, capacity utilization, budgeting (capital budgeting), activity based management and activity based costing.

BWF America, Manufacturer of industrial filtration systems

2015 - Present

CFO, responsible for IT, Purchasing, Accounting (all facets, Tax and Audit), Treasury management (Banking relations), Human Resources.

Accomplishments to date:

Completely overhauled the entire financial reporting system, including cost accounting

Established absorption reporting, as a metric for plant manager

Using regression established break-even points for both divisions

Implemented scheduling system and paperless AP system

Lead complete organization restructuring and commission plan overhaul

Established variable pricing model, allowing the company insight into better capacity utilization and pricing

Automated payroll je processing with direct GL interface

Established on demand cash flow reporting

Established on demand variance reporting, to facilitate analysis

Setup in bound freight standards

Implemented MRP, reduced inventory 50%, or $2M in 18 months

Wrote policies and procedures for all major financial functions

Implemented job costing system for service division, saving $75k+

Converted Banks

Implemented numerous internal control enhancements / security

Implemented electronic check payment processing

Implemented automated fixed asset module

Implemented purchase order requisition system, as part of efficiency enhancements and internal control practices

Southern Air / Worldwide Air Logistics Group

2014 - 2015

Corporate Controller

Responsible for month-end closing, audit coordination, working capital and all aspects of taxation.

Hired as Manager of Treasury and Taxation

Accomplishments include:

$2mm in cash recovered through effective balance sheet review

Oversaw 2013 flawless IRS audit, during complex period

Extensive tax problem resolution

Audit adjustments reduced from 49 to 1, 2013 to 2014

Trillium Health Care Products 2008 - 2014

Site and Corporate Controller

North American provider of Bar Soap and Pharmaceutical products.

Responsible for month-end closing, budget preparation, audit coordination, working capital and all aspects of taxation.

Accomplishments include:

Lead cross functional material cost reduction team

Implemented customer profit and loss statements

Established use tax reporting for local entity and undertook a VDA with the state of Ohio

Undertook and lead major GL cleanup activity and established uniform COA – Result was better and more meaningful information

Established working capital management processes

Converted manual excel based fixed asset tracking to Sub-ledger ERP system

Lead successful 2011 IRS audit that resulted in a $200k refund

Reduce audit cost by $100k from 2007 to 2008

Implemented internal controls in inventory, purchasing, material cost and payables resulting in ease of operations and reduced costs

Implemented foreign currency sales programs, generating $500k, over 12-month period

Valeo 2005 - 2008

Site Controller

A division of a world-wide automotive supplier with annual sales of $180m.

Accomplishments include:

Established strong relations with finance department and the plant

Implemented line based efficiency tracking program, resulting in 13% increase in efficiency in six months

Lead Finance department to be ranked 1st the VCC branch in financial reporting for 2006

Played a major role in dramatic turnaround of the division’s financial results

Implemented controls in receiving, purchasing and payables resulting in ease of operations and reduced costs

Established tracking and control system for inventory

Established gross margin reporting standards by line

ImagePoint, Inc. Florence Ky.

7/90 to 6/05

A national manufacturer of corporate identification signs with annual sales in excess of $160 million.

Operations Controller and Corporate materials management (97 - Current)

Primary responsibilities included: Expense control, financial reporting cost accounting, internal installation, receiving and central stores, inventory control and shipping for 3 manufacturing operations (6 professionals reporting directly w/ 9 overall associates.

Accomplishments Include:

Played a critical role in the consolidation / closing of the largest plant, into the three remaining facilities (2002)

Implemented internal installation business at West coast operations

Provided strong leadership, resulting in dramatic turn-around of Columbia operations

Lead implementation of scheduling system to reduce cost

Lead 2004-05 freight department restructuring in Columbia facility

Extensive experience with several system conversions (3 plants – Y2K)

Key player in 1998 / 2003 refinance efforts (extensive interaction with outside auditors)

Lead 2003 inventory control / reduction team

Researched and solved extremely complex LIFO problem during company's privatization initiative (1998)

Established corporate wide policies and procedures for cost accounting, and lead implementation of automated annual standards roll program (1997 and 1998)

Initiated and completed a study on corporate-wide Nexus income tax exposure study (1997)

Plant Controller (1995 - 1997)

Primarily responsible for the control, financial reporting and cost accounting for Florence, KY based manufacturing operations.

Created, implemented and supervised a central stores operation.

Also, responsible for the implementation for an overall corporate freight cost control system.

Accomplishments Include:

Established corporate wide internal control system on inventory

- Result was a 50% reduction in overall inventory in 2 years. (1996)

Increased cycle count accuracy from 35% to 92%, while implementing a cycle count program (1996)

Leader in establishing freight control process. Initiated numerous

controls that increased profitability during a 1-year period. (1996)

Accounting Manager / General Accountant (1990 - 1995)

Primarily responsible for financial reporting, accounts receivable, accounts payable, fixed assets, month-end closing, year-end audits and sales tax. Additionally, I was also responsible for the conversion of divisional records during company centralization effort.

Accomplishments Include:

Implemented conversion from actual costing system to standardized costing system. (1993)

Lead costing aspect of large company conversion

Successfully worked three large-scale sales-tax audits, thereby avoiding assessments

Reduced closing time from 5 to 3 days

References available upon request.

Contact this candidate