Manager Accounting

NANCY C. REED

***** ********* **** *****: 919-***-****

Arlington, TN 38002 *********@*****.***

Professional Experience

Blues City Brewery – Memphis, TN April 2016 – Feb. 2018

Plant Controller

Responsible for all accounting, product costing, asset management, internal control and project analysis for a Contract Manufacturing Brewery

Managed 1 staff member

Coordinated the annual budget process and all related reporting and presentations

Responsible for all local tax and PILOT reporting

Thomas & Betts; Electrolux – Memphis, TN July 2015 – April 2016

Contract Accounting positions in Operations and Cost accounting

Rich Products Corporation, Arlington TN

Plant Controller Oct 2009 – July 2015

Responsible for all accounting, product costing, asset management, internal control and project analysis for a $200,000,000 Toppings and Icings production plant

An active member of the Plant Steering team

Implemented SAP throughout the facility

Managed 1 staff member

Coordinated the annual budget process and all related reporting and presentations

Helped drive cost savings with product yield improvements, production line speed increases and reduced labor costs

Reduced the month end close process from 4 days down to 2 days

Blue Cross Blue Shield of North Carolina, Durham NC

Cash Application Manager May 2008 – Sept 2009

Responsible for processing all Premium cash receipts and applying the funds to the correct accounts

Had 25 direct reports

Pepsi Bottling Ventures, Raleigh, NC

Corporate Accounting Manager Oct. 2005 – May 2008

Responsible for all Corporate Accounting functions using SAP systems.

Functions include general ledger, accounts payable, inventory, fixed assets, marketing accounting, product costing, budgeting, account reconciliations, month end and year end financial reporting.

Manage mid-year and year end audit process.

Analyze inventory changes, cost of good sold, cash flow and balance sheet changes. Forecast cost of goods sold, cash flow, Misc. expenses, taxes and depreciation.

Support all plant, distribution centers and sales offices. Manage 9 staff members.

Polymer Group Inc (PGI), Waynesboro, VA (Contract Position)

Plant Controller Feb 2005 – Aug 2005

Responsible for all accounting, internal control, SOX and financial analysis for an engineered non-woven material manufacturing plant

An active member of the plant senior management team and responsible for 2 direct reports

Developed daily and weekly sales, expense, inventory forecasting tools; I simplified the month end close process; I led a team to eliminate overage inventory

Oak Value Capital Management, Durham, NC (Contract Position)

Controller and Human Resources Manager 2004 – Feb 2005

Responsible for all accounting, payroll, banking, risk management, financial analysis and human resource activities for an Investment Advisory firm

Dean Foods Inc; Faison, North Carolina

Regional Controller 2000 to 2003

Responsible for all phases of accounting, internal control, asset management and business decision analysis for a $100,000,000 pickle and syrup production facility.

An active member of the plant senior management team.

Implemented cost forecasting tools and helped make many changes to our Crop accounting and other accounting systems.

Instrumental in getting new warehouse management system operational and providing accurate and timely information for the plant.

Implemented procedures and measuring systems to significantly reduce both our raw & packaging material losses and finished good losses.

Implemented procedures to track and report our labor use and spending vs. budget on a daily basis for timely management decisions. Managed 6 staff members.

Coordinated the annual budget process and lead the presentation discussions with Division management.

Actively gathered, analyzed and implemented changes related to Crop yield studies and overhead cost studies.

Responsible for all internal plant reporting and providing both Division and Corporate offices with required information.

Had Regional Controller responsibilities for two food processing plants in Michigan and one in Indiana totaling approximately $100 million in sales.

Hired local controllers for each of the Michigan plant locations.

Helped with the conversion from their existing accounting, payroll and inventory systems to the systems used by the rest of the Division.

Worked with the local plant management teams to establish accurate, reliable and timely information reporting systems.

Helped develop tools to aid the plant management teams in making decisions.

Eagle-Picher Minerals, Inc., Reno NV

Division Controller 1998 to 1999

Responsible for all domestic and international financial activities. Implemented cost accounting and project analysis systems.

Simplified all accounting procedures and made consistent across the operations.

Set up accounting sub-ledgers and implemented reconciliation procedures for all A/R, Inventory, A/P and Sales activities.

Improved both DSO and DOH measures and resulting cash flows.

Manage 8 staff members domestically and 2 in Europe.

Set up separate Canadian accounting systems and worked with Treasury on setting up hedges and dollar exchange contracts for both Canada and European operations.

Implemented ERP (SAP) system in Europe at both our German and French operations.

Set up new budget systems for planning, reporting and controlling spending.

Worked on setting up a joint venture in Turkey and participated on many joint venture and acquisition evaluation teams.

Provided all Division information needed to complete sale of Eagle-Picher Industries to Granaria Holding in February 1998

The Clorox Company, Oakland, CA and Reno, NV 1989 to 1998

Positions of increasing responsibility as follows:

HVR Reno Distribution /Materials Manager (July 95 – Feb 98)

Responsible for all activities to support the purchase, receipt, storage, shipment and inventory control of all raw, package and finished goods.

All warehouse and customer service operations, traffic management, DRP/MRP systems and inventory planning.

Responsible for Division wide improvements of all materials logistics systems.

Support implementation of new order entry systems and developing bar coding system.

Supervise 12 Associates.

HVR Reno Plant Controller (July 92 – Feb 98)

Responsible for material usage control/reporting, cost measurement systems, activity based cost accounting systems, developing plant operating budgets, daily budget controls, monthly Corporate reporting, financial analysis, payroll, accounts payable, MIS and supervision of 4 Associates.

Assistant Manager, HVR Food Finance (Nov 91 – July 92)

Providing financial analysis (discounted cash flows, projected financial statements, earnings impacts) on a variety of projects such as new products, new manufacturing facilities, re-configuring current manufacturing plants.

Assistant Manager, HVR Food Cost Accounting (Sep 90-July 92)

Supervise 6 staff members, responsible for all monthly cost of sales and inventory accounting activities and reporting.

Coordinate Division annual manufacturing budget process.

Develop product standard costs, monthly cost of sales and inventory position forecasting.

Implemented a new cost accounting system.

Participated in recruiting activities.

Senior Internal Auditor (Aug 89 – Sept 90)

Acquisition due diligence audits as well as similar responsibilities as noted below under Quaker Oats.

The Quaker Oats Company, Chicago, IL

Senior Internal Auditor 1985 to 1989

Plan assigned international operational audit scopes, programs and staffing.

Travel about 75%.

Direct staff, present findings to management, prepare audit reports.

Zwiren & Wagner Advertising; Chicago IL

Accountant 1984 to 1985

Crate & Barrel; Chicago IL

Accountant 1983 to 1984

Education

BS with a concentration in Finance, Purdue University May 1982

Northwestern University

(Completed 24 hours of accounting courses to sit for CPA exam)

CPA exam passed on first attempt May 1985

Contact this candidate