Manager Accounting
Resume:
Willard L. Arthur, MBA, CPA
Arlington, Texas 76002
ac8lnl@r.postjobfree.com
Financial accountant with proven experience in Analysis, Supply Chain and Inventory Management. Possess strong analytical and communication skills with an attention to detail. Reputation for consistently obtaining results through leadership and cohesive team building.
KEY SKILLS
Knowledge of Lean Manufacturing processes
Advanced Excel, Word & PowerPoint
Financial Analysis & Forecasting
S&OP Process & Demand Forecasting
Inventory Accounting & Cycle Counts
Aerospace Industry experience
GAAP, FASB & Sarbanes-Oxley
DoD, MMAS, FAR & DFAR Regulations
SAP Implementations (CO, MM and FI)
Procurement (RFP, SOW & Contracts)
Access database & Data Entry
Contract Negotiations
Accomplishments
Leadership and Organizational Management Skills. Hired, managed and developed experienced professionals in domestic operations including hourly employees. Managed accounting close process for Material module in SAP related to inventory valued at $756 million. Worked to maintain organizational structure for all sites across U.S. by retraining employees and eliminating unnecessary procedures. Proven record of influencing very complex & diverse organizations by effectively communicating financial needs and managing change.
Reconciliation and Valuation Analysis. Received Outstanding Performance award for reconciling legacy material inventory accounts into new SAP system. Received praise from upper management for reconciling progress payment process and revamping documentation procedures. Developed GAAP methodology to balance subsidiary and general ledgers related to inventory accounts.
Technical Accounting and GAAP Reporting. Excellent record managing complex inventory accounting close process and GAAP reporting: By applying GAAP principles resolved external audit issue concerning $1 million receivable for inventory sold to supplier.
Process and Procedures. Developed and executed new process with inventory vendors to shorten production downtimes.
Information Technology. Developed conversion tables for interface of legacy data into SAP. Developed database to account for warranty and repair costs. Setup security profiles in SAP based on departmental job functions.
Project Management for SAP Implementations. Led groups in SAP implementation project. Implemented new version of SAP (4.6) in South Carolina including complete system configuration and integration.
Audit & Compliance. Implemented Sarbanes-Oxley Section 404 – IT for all of Accounting and Inventory departments. Revamped company reporting and compliance system that reduced audit deficiencies with government agencies DCMA and DCAA.
PROFESSIONAL EXPERIENCE
Arthur Accounting Agency May 2018 to Present
Resident CPA – Arlington, TX
Tax preparation and consultation
Business formations including corporations, LLC’s and partnerships
Operating Agreements and Mission Statements
Trademark registration & research
General ledger & month-end close accounting
Inventory management
Financial statement preparation
Safety-Kleen Corporation March 2017 to May 2018
Inventory Accounting Manager – Richardson, TX
Managed inventory control processes & cycle counts for entire corporation consisting of 253 sites
Managed internal control processes and exceptions
Managed reconciliation process for two companies
Reconcile inventories and direct monthly physical inventory procedures including train sites to perform cycle counts
Make decisions on demand planning and approve major adjustments to inventory
Managed staff of four employees including direction and supervision of inventory management functions
Executed best practice inventory policies for reporting and root cause analysis
Arthur Accounting Agency February 2015 to March 2017
Resident CPA – Arlington, TX
Tax preparation and consultation
Business formations including corporations, LLC’s and partnerships
Operating Agreements and Mission Statements
Trademark registration & research
General ledger & month-end close accounting
Inventory management & Financial statement preparation
Bell Helicopter May 2013 to January 2015
Manufacturing Resource Specialist – Arlington, TX
Analyzed and reported on inventory issues dealing with production order pulling and releases
Introduced inventory process improvements and initiated SAP system changes for inventory master data
Coordinate with other plants on inventory movements, production scheduling, repairs and outsourcing of work
Coca-Cola August 2011 to October 2012
Supply Chain Analyst – Dallas, TX
(Led the company with 100% fill rate and wrote process procedures to train other regions.)
Maintained inventory balances at all distribution locations and worked with production sites to ensure product needs.
Managed new product demand planning from beginning to end and obsolescence.
Assisted and developed project related key performance indicators/dashboards.
MillerCoors August 2008 to March 2011
Manager, Procurement & Inventory Management – Fort Worth, TX
(Developed and executed new process with MRO vendors to shorten production downtimes)
Procurement - Managed all aspects of company purchasing. Prepared SOW’s, MSA’s, RFP’s and negotiated contracts with suppliers. Vendor management for purchased raw materials and chemicals. Managed warehouses to ensure the timely receipt of materials at designated locations to support production. Coordination of production schedules with sales team. Led budget process and material forecast. Managed new product implementations. Developed reporting metrics and monitored performance of contractual obligations. Served as point-of-contact for all vendors. Lead audit and compliance processes for procurement. Managed reserves for inventory scrap and obsolescence. Prepared internal and external financial ad-hoc reports. Managed the outsourcing of repairs and scrapping of parts. Handled the storage and control of hazardous materials.
Inventory – Managed inventory including order pulling, raw material purchased and cycle counts. Responsible for inventory accounts on balance sheet and month end close. Worked with functional departments to identify key projects and initiatives. Created inventory management procedures to enhance efficiency and accuracy.
Forecasting – Managed demand planning for the sales forecast. Ensure raw materials are in stock for production.
Bell Helicopter - Textron February 2008 to August 2008
Business Process Analyst – Hurst, TX
Completed project to update progress payment process procedures.
Corrected system and vendor invoice issues dealing with pricing and quantity in SAP.
Worked and assisted with issues in SAP and other legacy systems (Stellant, ARIA and Rapid).
EFW, Inc. (Manufacture of Aircraft Black Boxes) May 2007 to November 2007
Mgr, Program Material EAC Control & Product Support – Fort Worth, TX
Developed defective inventory plan to account for and return to suppliers
Worked with Controller on revenue recognition process.
Developed inventory controls and ensured processes were documented and applied consistently.
Developed warranty database and procedures to handle and identify warranty and repair costs.
L-3 Communications (Manufacture of Aerospace Components) April 2006 to May 2007
Manager, Revenue Recognition
Managed all aspects of revenue recognition process (SOP 81-1 and 97-2).
Perform variance analysis of balance sheet accounts
Determined solutions to inherent systems problems and estimated financial impact.
Reviewed and corrected process procedures of various departments including Contracts, Manufacturing and Accounting
Managed monthly SAP processing and Hyperion consolidation of the revenue accounts. Managed staff of 4 employees
Vought Aircraft Industries (Manufacture of Aerospace Components) May 1980 to April 2006
Manager, Inventory & Material Accounting (Employed 26 years)
Managed all material and inventory accounting activities and systems including scrap and obsolescence.
Managed Sarbanes/Oxley team to review compliance procedures for Accounting and Inventory departments.
Applied GAAP accounting principles for inventory data in general ledger and month end close.
Managed monthly cycle counts and yearly full physical inventory counts.
Develop inventory analysis reports, monitor and analyze margins
Prepared monthly and quarterly cost and profit reviews for management and managed inventory reserves.
Managed staff of 7 employees: 4 salary and 3 hourly union employees.
EDUCATION & PROFESSIONAL DEVELOPMENT
MBA – Organizational Management, Dallas Baptist University - Dallas, TX
BBA – Accounting, University of Texas at Arlington – Arlington, TX
CPA – Texas State Board of Public Accountancy - Austin, TX
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