Susanne H. Fuchs, MBA
Financial professional with strong skills in general accounting functions, manufacturing systems, cost accounting, budgeting, forecasting, financial systems and auditing. Creative thinker with ability to analyze, solve, interpret and implement business objectives and run multiple projects. Worked in large multi-national and large to small manufacturing companies.
Robertet USA, Inc., Mount Olive, NJ
2011 – Jan 2018 - $200 million Manufacturer and Distributor of ingredients used in the Fragrance and Flavors Industry
Controller responsible for managing 5 people and all accounting functions.
Successfully managed day-to-day accounting functions including Accounts Payable, Accounts Receivable, General Ledger, Inventory, Payroll, monthly and year-end Financial Reports including Consolidated Financial Statements
Developed and implemented automated financial statements, budgets and forecasts including budget and prior year with adhoc analysis of margin analysis and expense
Coordinated with each department head and directed the preparation of the budget and financial forecasts
Identified and recommended major corporate economic tax strategies which included Cost Segregation Study for new building purchase, contracted energy pricing and product margin analysis to executive management
Ensured timeliness and accuracy of external audits and under budget with few audit comments
Prepared and implemented standard operating accounting policies and procedures and ensure they are aligned with corporate policy.
Advised and made recommendation on accounting issues and adjustments
Oversaw all excise tax and sales tax filings as well as reporting to regulatory and tax authorities
Maintained relationships with banks, insurance companies and other financial institutions
Reviewed and identified changes in monthly labor, overhead, and material costs which included variance analysis of all direct/indirect labor and fixed/variable overheads
Analyzed product bill of materials and conducted annual physical inventories
Oversaw the implement general ledger system to Oracle Accounting Software from AS400
Managed and trained staff on all aspects of corporate reports, metrics, system software and day-to-day responsibilities
Developed and implemented a Customer Satisfaction SharePoint Database to monitor performance and discover/resolve issues
Compensation Solutions, Inc., Wayne, NJ
2008 – 2011 - Professional Employer Organization
Controller responsible for managing 3 accountants and all aspects of accounting function. Selected achievements included:
Automated the bank reconciliation process by integrating software to load cleared checks into the financial accounting software saving the company 4 days a month from manual input.
Developed and implemented automated consolidations of financial reports with use of integrated software to consolidate multiple companies.
Created reports using ACCESS and SQL to develop census information, pension deferral reports, and custom reports.
LIPO Chemicals, Inc.,
2006 – 2008 - $100 million ISO 9002 manufacturer and distributor of specialty and commodity raw materials used in the cosmetic, pharmaceutical and personal care market.
Accounting Manager responsible for managing 5 people in general accounting, financial reporting, cost accounting, budgeting, accounts payable, and accounts receivable.
Project team leader responsible for the implementation of a purchase card program to increase cash flow by 30 days and provided discounts on purchases.
Developed a financial management reporting program (Vision) that provided senior management with the ability to measure and monitor company performance.
Created Production reports to monitor batch processes to standards using Crystal Report Writer
Key contributor to annual budget process, working with various departments to review activities, trends, and future obligations
Goldberg Jacobs and Company, Inc.
2005 – 2006 - Public accounting and consulting firm.
Senior Auditor and Consultant responsible for preparing corporate, partnerships, non-profit, and individual tax return, as well as performing full scope audits, compilations, bookkeeping services, and reviews. Clients included manufacturing, distribution, and service companies.
Team Leader for implementation of Cost Segregation Studies that saved clients several hundred thousand dollars in tax savings.
Reviewed business plan and operations issues with management and owners.
Handled an array of client issues, and assisted clients with improving their business performance
Performed system maintenance of accounting software systems and operating systems
Recognized by partners for completing work on time and under budget
Frenchman’s Creek, Inc.,
2002 – 2004 - 720 acre, premiere 18-hole championship golf course, golf community and country club in Palm Beach Gardens with over 600 residents, Southeast Florida
Controller responsible for managed 6 people. Selected achievements included:
Implementing a budget system involving all levels of management and streamlining closing process
Administering the computers, software and network
Implemented a WYSE thin client terminals and server to three restaurants, golf shop, tennis shop, and offsite beach club that save the company 70% on costs from a traditional network system
Master of Business Administration, Nova Southeastern University, Fort Lauderdale, FL - 1996.
Bachelor of Science – Accounting, Fairleigh Dickenson University – 1990.
Oracle, JD Edwards, Vision, Microsoft Office, Asset Keeper, FASTR, MAS 90, FAS2000, Microsoft Office, SBT, ACCPAC, ADP Windows, Quicken, QuickBooks, Crystal Report Writer, BNA software, Windows NT, Prosystems Tax Software, Creative Solutions, Chempax CS, Thinkware Darwin, and hubs & routers. Advanced skills in Excel including Pivot Tables, Vlookup, Formulas and Macros.