Arthur L. Reynoso

Professional Summary

An accomplished, results oriented Financial Manager with substantial experience involving Mexico based multi - million dollar consumer, electronics, and electro mechanical manufacturing operations. Competencies include:

Multi Division Financial management, cost and inventory control for manufacturing activities in U.S. and Mexico.

Financial planning, budget control development, Cost Accounting Management, U.S. Customs reporting.

Productivity/profit improvement, systems development/implementation, modifications of existing business practices, and training/development of qualified U.S. Mexico personnel.

Integrated Systems Development (SAP), Finance department re-organization, and start-up activities.

Government compliance responsibilities for benefits, tax authorities, and U.S. customs.

Excellent analytical, written and oral communication skills.

Career Profile

LEDVANCE, Juarez, Mexico April 1999 – January 2018 (Previously known as: Osram Sylvania) produces consumer lighting, high pressure discharge, LED and display optic lighting. Annual production output is approximately $85 million with 950 employees.

Accounting Supervisor 2009 – 2018 (Acting Plant Controller 2012 – June 2015)

Current responsibilities involve special projects to facilitate production management data integrity with the Finance department.

Provide crucial accounting/finance support and mentorship to Controller and Accounting Staff.

PLANT CONTROLLER 1999 - 2008

Accountable for financial accounting, reporting, budget cost and inventory control activities for 4 business divisions within three manufacturing plants in Juarez, Mexico. Maintain full year forecasts for business divisions. Manage monthly financial results with variance analysis. Issue U.S. Customs annual cost reconciliation. Monitor and report productivity projects. Prepare quarterly balance sheet account reconciliations. Manage annual raw material physical inventory. Evaluate capital expenditure requests.

Develop annual budget for 4 business divisions.

Maintain full year forecasts for 4 business divisions.

Developed inventory accounting and control procedures for Juarez, Mexico.

Implemented SAP general ledger system for Mexican financials.

Accountable for monthly financial reporting activities accompanied by analysis.

Improved both U.S. and Mexican customs procedures.

Fixed assets management.

Managed the relocation of new business unit production financials.

Implement, monitor and maintain an effective Risk & Internal Control system.

Manage a professional staff of 8 associates.

Power Lighting Products Inc., a Division of SLI. Juarez, Mexico August 1993 to March 1999.

Manufacturer of electronic and electro mechanical ballasts. $100 million in sales and 1300 employees in Juarez, MX

Assistant Division Controller

Total U.S. Mexico financial management responsibilities for Juarez based operations. Preparation of annual manufacturing budget. Managed the accounting department to include cost accounting, accounts payable, accounts receivable, general accounting, U.S. Custom, Sales Analysis. Quarterly forecasting, review Mexican financial reporting. Purchase price & manufacturing variance analysis. Development of standard cost, supervised annual physical inventory.

Upgraded financial reporting procedures, improved internal control functions and procedures.

Development of copper futures hedging program.

Financial and Inventory module implementation on Mfg Pro / QAD integrated manufacturing system

Hiring and training of employees to use Mfg Pro for A/R, A/p, gl, inventory control and cost management modules

Originally hired as Cost Accounting Manager and promoted three times to various positions including Financial Accounting Manager, Acting Controller to Assistant Division Controller.

Magnetek Inc. El Paso, Texas/Juarez Mexico July 1989 to June 1993

Twin plant manufacturing operation with three plants in Juarez, Mexico. Company manufactured direct current electric motors. Annual production output was $20 million dollars with 500 employees.

Cost Accounting Manager

Total Cost Accounting Management responsibilities for 3 manufacturing plants

Developed and maintained standard product costs

Compiled and published three month financial forecast.

Purchase price and manufacturing variance analysis.

Physical inventory and development of budget.

Audit Bill of Materials.

Overhead spending & absorption analysis.

Southwest Molding Company El Paso, Texas July 1986 to June 1989

S.W. Molding manufactured and distributed residential and picture frame wood moldings.

Plant Manager

Hired as a Cost Accountant in 1986 and promoted to Plant Manager in 1987 for the picture molding operation. Total financial results responsibility.

Total financial management responsibilities.

Controlled production scheduling and material purchases.

Managed Mexican labor issues. .

Reduced raw material inventory.

Increased production to meet sales demands.

Burlington NORTHERN (formerly El Paso natural Gas) EL Paso, TX 1972 TO 1986

Various positions held during 14 year career. $100 million dollar natural gas Utility Corporation.

Senior Corporate Internal Auditor 11/85 to 7/86 Associate & Corporate Auditor 7/82 to 10/85

Various Advancing Accounting positions 10/72 to 6/82

Education

Bachelors of Business Administration (Accounting), 1978

University of Texas at El Paso

Contact information:

Arthur L. Reynoso

10917 Lakewood Ave.

El Paso, Tx 79935-3401

ac6p4i@r.postjobfree.com

915-***-**** home

915-***-**** cell

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