Accounting Manager

MARK FRAYLICK, CPA, CIA

Shelby Township, MI 586-***-**** ************@*****.*** www.linkedin.com/in/markfraylickcpa

FINANCE/ACCOUNTING MANAGER

Leader with extensive experience in not only accounting, finance, internal controls, and audit, but also process improvement, change management, and root cause analysis. Proven ability to coach, lead, persuade, and motivate others while streamlining processes and implementing workable solutions. Rare ability to break down complex processes and quickly resolve issues while handling objections, questions, and pressure with poise and confidence. Strong ability to apply analytical and interpersonal skills and bring great value to both the financial and operational sides of the business. Highly skilled in:

Data Analysis for Improved Variance Reporting

Motivate Teams to Exceed Goals

Cross-Functional Budget and Forecasting

Create Financial Statements

EXPERIENCE

GENERAL MOTORS, Detroit, MI 2016 – 2019

Technical Accounting, Customer Care and Aftersales, 2018-2019

Developed and presented North America, Canada, and Mexico income statement and variance analysis to senior management. Collaborate with finance and sales teams for proper accounting of sales incentives and returns.

Led technical accounting review of new and complex contracts to ensure compliance with accounting policies.

Analyzed impact of GAAP changes with creation/updates of position papers with presentations and approval from management.

Reduced 7 hours of monthly analytical spreadsheet preparation by simplifying layouts, reducing redundancies, and creating annual files.

Member of cross-functional budget team responsible for forecast, budget, and strategy development.

Simplified submission of SEC footnotes for consistent and accurate reporting.

Treasury Accounting Supervisor, 2016-2018

Managed accounting for global cash transactions to ensure accurate and complete reporting. Supervised and directed 15 treasury and accounting team members in both India and Mexico. Led monthly close process, resolved issues, and provided training for new and complex transactions.

Implemented LEAN processes globally to gain efficiencies that eliminated 33 hours of month end close timing and another 50 hours at year-end.

Gained highly developed knowledge of the cash sub-ledger that led to developing a training manual, reallocation and training of global tasks, and implementation of IT system enhancements.

Global treasury team lead for seamless transition of external auditors.

DELPHI CORPORATION, Troy, MI 2006 – 2016

Various leadership roles including Consolidations and Reporting Senior Analyst, Healthcare and Workers’ Compensation Supervisor, and Global Healthcare Category Lead in Supply Chain Management.

Consolidated US and international division financial statements for improved analysis of actual results and budget to actual to forecast variance analysis.

Expert for the accounting treatment and valuation of a $380 million workers’ compensation liability.

Eliminated $10 million quarterly liability increases through process and financial analysis, changing reserve practices, discussing results with the actuary, and challenging prior practices.

MARK FRAYLICK, CPA, CIA

Shelby Township, MI 586-***-**** ************@*****.*** Page Two

Specialized in creating unique pricing alternatives and costing models to achieve cost savings of $10 million annually.

Created financial analysis of cost models to negotiate global pricing and contract terms within constrained budgets.

Supervised a team of 4 direct reports and 25 third-party workers compensation examiners by providing additional analytical skills for increased efficiency, and greater visibility of exceptions.

Redefined Sarbanes-Oxley testing with auditors to reduce testing time by focusing on key controls and eliminate testing of low risk controls.

Improved efficiency by automating various Excel spreadsheets and monthly reporting.

KMART CORPORATION, Troy, MI 2000 – 2006

Manager of Accounts Receivable, 2004-2006

Led a team of 13 associates to accurately record and collect funds mainly related to advertising revenue. Responsible for implementing controls for revenue matching as this was a significant audit deficiency.

Recorded and collected nearly $1BN receivables and reduced outstanding receivable balance 30%.

Developed analytical processes and tools that assisted in recovering over $2MM in cost reductions.

Documented department processes to develop area expertise, identify duplication of efforts, isolate activity no longer required, and assign a department owner to manage each function.

Automated various manual tasks by using advanced Excel functionality.

Developed and presented training materials to reduce incomplete receivable agreements, improve efficiency, and increase cash flow.

Additional Kmart Experience: Senior Financial Reporting Analyst 2003-2004; Senior Auditor 2000-2003

ADDITIONAL RELEVANT EXPERIENCE

MEIJER, Grand Rapids, MI: Senior Corporate Internal Auditor

BEENE, GARTER LLP, Grand Rapids, MI: Senior Accountant / Public Accounting

EDUCATION, CERTIFICATIONS, AND ORGANIZATIONS

Bachelor of Science in Business Administration: Accounting and Finance, Central Michigan University

Certified Public Accountant – State of Michigan

Certified Internal Auditor – Institute of Internal Auditors

Certified Workers’ Compensation Professional (CWCP) – Michigan State University

Technical Skills: SAP, Hyperion, Excel, Word, Access, PowerPoint, Workday, PeopleSoft, Wallstreet (ION), and other mainframe applications

FIRST Robotics – Former Head Mentor for Crevolution Team 2851, a high school robotics team that competes regionally and at the World Championship level. www.firstinspires.org

AYSO Soccer Coach – Coached over 150 kids to improve their soccer skills, build teamwork, and most importantly, to have fun. When done the right way, good things naturally happen.

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