Frank Quesnelle

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

Warren, MI **088

586-***-****

ac7u2r@r.postjobfree.com

OBJECTIVE

Accounting professional with extensive experience in financial management and coordination with all departments of the organization to accurately report progress towards and actual results using systems that promote user understanding and benefit. Additional experience with purchasing, inventory management, customer service, and office management that provide an accounting perspective to each area while allowing an understanding of their specific needs in harmony with the financial perspective. Position desired would allow me to draw on my experience in these various areas and apply my financial perspective to best merge the needs of each.

EXPERIENCE

Financial Consultant

Sunnen Products Company / UHY Advisors, Troy MI

03/2018 to 10/2018

Responsibilities:

Analyze and review all assets and liabilities in purchase of subsidiary. Verified the validity of all open receivables purchased and determined discrepancies. Reviewed and corrected accuracy of quantities and value of physical inventory. Determined all liabilities were correct and identified omissions.

Managed the invoicing and collection of receivables during operations on the existing system till conversion into corporate system.

Coordinated payments to vendors for pre-acquisition and operational costs during transition period till conversion.

Managed taking and recording physical inventory to verify accuracy and generate accurate inventory for conversion.

Oversaw development of files to be used for upload all data for conversion to corporate computer system. These files were for the upload of data for accounts receivable, accounts payable, and inventory.

Created downloads from existing system to provide data to corporate to use for reporting and financial closing during transitional period.

Finance Manager

ArcelorMittal - Ferndale, Ferndale, MI

08/2000 to 10/2016

Responsibilities:

Management of all the accounting functions of the division, month end closing and journal entries, monthly financial reporting, and variance and supplemental information gathering and analysis.

Under the direction of corporate was able to reduce the closing period from five to three days. These processes also created better results that allowed for a preliminary closing report for internal management for review for issues that needed to be reviewed prior to final deadline to insure the accuracy of the close and prepare departments for variances they would need to explain at corporate review.

Reporting of daily or weekly as scheduled detailed reports of KPI to assist managers in assessing daily and month to date performance in regards to meeting established goals to allow for corrections to achieve these goals.

Reconciled balance sheet accounts to verify accuracy. Assured that any prepaid assets were being expensed properly in accordance with their usage or period prepaid for. Verified that accruals were being generated for large periodic expenses as to accrue for them throughout the appropriate periods.

Coordinated information gathering and review for year end, internal, and state and municipal audits. Also coordinated federal trade legislation reporting and filing.

Supervision of MIS department to insure user requirements were met with respect to priority, need, and overall effect on other users.

Managed inventories at subcontractors and customer consignment. Processed shipments into and out of both inventories and performed monthly reconciliations for variances and resolved. Performed annual physical inventory and reconciliation for auditors.

Responsible for approving purchases and negotiating leases and insurance policies.

Accomplishments:

Reduced time for both completing monthly close and preparing and distributing financial results. Enhanced the detail for financial reporting to better assist managers in evaluating their results for monthly reviews. As needed provided additional information to assist in further analysis of variances.

Gathered data and support for responding to federal trade anti dumping legislations. Developed information gathering systems that fulfilled the filing requirements without additional manpower that were required in previous filings. Every filing was completed on schedule to meet filing requirements.

Through monthly reconciliations of inventories at subcontractors and customers was able to be required by auditors to do a percentage physical inventory count on larger inventories and paper reconciliation on smaller inventories for the physical inventory.

Provided oversight and direction to MIS department to determine user requests were reviewed and were evaluated for their need and insure they did not affect other user needs and support.

Inventory Analyst / Packaging Product Sales Coordinator

Hollingsworth Logistics, Dearborn, MI

03/2000 to 08/2000

Hired to be inventory analyst manager. Developed system to manage aged inventory and slow moving and obsolete inventory.

Assigned to then become manager of packaging segment of the business that was moved to our division from affiliated company to correct past due performance. Was able to coordinate with packaging manager to create a system that managed the incoming work load with production commitments to fulfill the delivery requirements and provide just in time delivery for production materials.

Divisional Controller / Inventory Control / Purchasing Manager

MNP Corporation, Utica, Michigan

08/1987 to 02/2000

Responsibilities:

Preparation of monthly journal entries and closing for multiple divisions, monthly financial statement preparation, and standard and ad-hoc reports.

Purchase of all raw materials and maintenance of finished and semi finished products for stocking programs. Served as sales representative for customers with consigned inventories.

Handled year end audit and physical inventory for responsible divisions.

Accomplishments:

Created reporting system that updated managers throughout the month on performance against budget. This allowed them to make necessary changes where possible or revise monthly projections to inform superiors as soon as possible and avoid month end surprises.

Developed a system with MIS to link multiple semi finished and finished goods with their common raw material incorporating current inventories, sales history, and open orders to make more accurate raw material purchases.

Managed programs to maintain stocks of finished and semi finished goods to satisfy just in time deliveries, reduce lead times, and minimize aging of inventory. Managed consignment inventories on customer floors without their need for ordering.

Assisted in developing an inventory tracking and cycle counting system that could accurately locate material throughout the plant. Through this system we were able to convince the auditors of our inventory control and accuracy. This allowed for an inventory sampling audit as opposed to a full inventory count that reduced time and cost of the inventory.

EDUCATION & TRAINING

BS - Business Administration with High Distinction, Accounting, Wayne State University, Detroit, Michigan, 1979-1983

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