Financial Accounting

JEFFREY S. JOHNSON, CPA

*** ******* ***** **********, ******** 48009 H 248-***-**** C 248-***-****

****.*****.*******@*********.*** www.linkedin.com/in/jeffreyscottjohnsoncpa

SUMMARY

A results-driven and versatile senior finance executive with a successful record of accomplishment in cost accounting, financial analysis, cash management, general ledger, financial closing activities, financial reporting, risk management, mergers and acquisitions, portfolio administration, and forecasting. Proven aptitude in handling multiple projects and programs while exceeding objectives and redefining expectations in a deadline-driven environment. A top-performing and exceptional producer who successfully works with and leads cross-functional teams, solves ever-changing needs, and positively impacts an organization to reach and exceed short- and long-term financial goals.

Cost/Benefit and Financial Planning and Analysis

Strategic, Long-Range Business and Financial Planning

Merger and Acquisition Due Diligence and Negotiations

Risk Management and Insurance Liaison

Debt Restructuring and Lending Negotiations

Team Building and Leadership

Audit Management and Big Four CPA Exposure

Accounting and Internal Control Policies and Procedures

SEC Reporting and Sarbanes-Oxley Compliance

External Reporting with GAAP Disclosures

EXPERIENCE

ACUMENT GLOBAL TECHNOLOGIES, INC, Sterling Heights, Michigan

Manager of Financial Analysis, 2015-2019

Spearheaded onboarding integration process of significant operation, including developing annual budget, reserves, and valuations and resurrecting standard costing systems. Oversaw North American monthly financial reporting process. Reviewed plant monthly operations, budgets and multi-year strategic plans with plant management for 11 plant facilities. Managed capital acquisition programs at all facilities from budget through total spend. Performed other financial analysis for special projects as needed.

Analyzed plant costs and reset all underlying standard cost factors to align with annual budget for over 10,000 SKUs and $70 million plant facility.

Established and maintained new electronic process to manage several hundred capital acquisition projects.

Established and maintained process for the identification and disposition of obsolete inventory.

RGP (formerly ACCRETIVE SOLUTIONS, LLC), Sterling Heights, Michigan

Financial Consultant to Acument Global Technologies, Inc., 2014-2015

Developed operating budget for newly acquired operating unit, uncovered errors in costing and financial systems, and determined year-end inventory valuations, including appropriate reserves in audit preparation.

VENTEON PARTNERS, Detroit, Michigan

Financial Consultant, 2008-2013

Served as consultant to General Motors Company and it’s corporate accounting and reporting group. Provided consolidated financial analysis for North American operations (GMNA). Contributed to team in filing of consolidated quarterly and annual SEC filings. Documented inventory accounting desk procedures and trained new personnel regarding journal entry preparation and posting as well as financial analysis tools. Worked as consultant to Ally Bank (formerly GMAC) and served as liaison between accounting and operations. Spearheaded guidance and answered inquiries by various testing units, including internal and external auditors and risk control personnel.

Presented financial analysis to GMNA consolidations and worked closely with numerous financial software installations, most recently Hyperion, SAP, and eLedger, linking to Excel spreadsheets and performed further comprehensive analysis.

Contributed as key person in Ally Bank migration to new valuation software for hedge fund unit, maintaining data integrity and consistency in FAS133 market valuations between legacy and new system for several thousands of trades.

ADDITIONAL EXPERIENCE

NOBEL AUTOMOTIVE, LLC, Rochester Hills, Michigan, North American Director of Finance, 2008. Served as senior financial executive with full financial management responsibility, leading staff of 15. Established new accounting systems for carved out former Dana Holdings business unit. Led a team in reducing past due levels on accounts receivable from 30% to 5%. Participated in strategic planning and restructuring initiatives.

ROBERT HALF MANAGEMENT RESOURCES, Michigan, Consultant, 2007-2008. Provided consulting services to Lafarge, Inc. and served as liaison between management and external auditors. Oversaw year-end audit for North American division including five regions and multiple product lines. Served as key contact between external auditors and multiple regional and plant controllers. Completed assignment for Harvard Drug Group, LLC and prepared audited financial statements and GAAP disclosures. Researched FASB pronouncements including leases, mergers and acquisitions, asset valuations/goodwill, and debt issuance. Provided client with cash flow analysis format and training of personnel.

CHAMPION ENTERPRISES, INC., Troy, Michigan, Director of Consolidations and External Reporting, 2003-2007. Researched Sarbanes-Oxley law. Documented and tested key controls at entity level. Prepared consolidated financial statements and participated in SEC issuance of 10-K and 10-Q, including management discussion and analysis. Contributed as member of disclosure controls and procedures committee. Researched FASB 52/133 and provided accounting procedures for translation of multiple foreign currencies following major acquisition of foreign entity. Reviewed and analyzed accounting for asset impairments, goodwill, and insurance valuations providing GAAP disclosures.

EVANS INDUSTRIES, INC., Detroit, Michigan, Chief Financial Officer / Secretary & Treasurer / Board of Directors, 1995-2002. Led staff of 30. Served as senior financial executive with full management responsibility for daily financial operations as well as insurance, lending, and legal relationships. Oversaw due diligence and negotiations for several acquisitions. Orchestrated successful turnaround of company. Took measures to control costs and negotiated new contracts, eliminating ownership’s personal guarantees, and securing loan pricing below prime with savings in excess of $6,000,000. Negotiated sale of business unit, handling due diligence and managing communications with buyer, working with company’s attorney on buy/sell agreement, and managing final negotiations, realizing substantial profit.

JEFFREY S. JOHNSON, INC., Birmingham, Michigan, Owner, 1991-1995. Performed forensic accounting and provided expert witness testimony for insurance and risk management company gaining process knowledge and confidence in handling difficult legal matters. Advised franchising company on expansion during early stage development. Delivered formal training sessions, provided on-going support, and served as legal liaison in development of franchise-offering circular.

INLAND/REISS GROUP, Madison Heights, Michigan, Chief Financial Officer / Treasurer & Controller, 1986-1991. Supervised staff of five. Developed and implemented new company-funded insurance program reducing health costs in excess of 30%. Served as key member of team analyzing and implementing changes to transfer manufacturing operations to Mexico.

VAN PELT CORPORATION, Detroit, Michigan, Chief Financial Officer / Secretary & Treasurer / Board of Directors, 1979-1986. Oversaw staff of 25. Obtained three promotions within seven years to final position as chief financial officer. Increased cash flow via several methods, including negotiating new loan programs and closing defined benefit plan. Promoted team atmosphere through various initiatives, including organized formal annual meetings with plant controllers. Participated in selection and implementation of custom designed accounting software. Uncovered fraudulent transactions by company personnel as result of performing internal and operational audits.

GRANT THORNTON, LLP, Southfield, Michigan, Senior Auditor, 1977-1979.

EDUCATION

WESTERN MICHIGAN UNIVERSITY, Kalamazoo, Michigan, B.S.B.A., Accounting, 1976

CERTIFICATIONS

Certified Public Accountant, State of Michigan, 1979

AFFILIATIONS

American Institute of Certified Public Accountants (AICPA)

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