HERBERT M. DYE JR.
Exciting opportunity in power grid financial analysis and management in Eastern PJM region USA
Oversight of new accounting process with SAP leadership for SGL Group
SAP restructuring and application of Hyperion-based package for improved financial analysis at Federal-Mogul Corporation.
Utilization of in-house variance analysis templates across 7 plant locations while reporting as consolidated unit at Federal-Mogul Corporation.
Establishment of KPI system at PMG Pennsylvania Corporation.
Drive of more than $100K in corrective actions to inventory management system at Metaldyne Corporation.
With a history of maximizing the fiscal and operational performance of complex environments while guiding teams to excellence, I look forward to joining an organization seeking high-impact leadership.
For a detailed presentation of my skills and background, please review the enclosed resume and feel free to contact me at your earliest convenience. Thank you for your consideration.
Herbert M. Dye Jr.
HERBERT M. DYE JR.
219 East Street · Frostburg, Maryland 21532 · 301-***-**** · firstname.lastname@example.org
Senior Leadership: Plant Controller & financial analyst
Finance and operations strategist in global multi-million dollar manufacturing enterprise, drafting and executing initiatives for exceptional team performance, profits, and savings.
Demonstrate expertise in business development, operations direction, system development, process improvement, project management, account management, sales and marketing, and budget control.
Specialize in financial planning and analysis, as well as leadership of Sarbanes Oxley initiatives.
Apply mastery of ERP and SAP systems to implementations and troubleshooting.
Excel in inventory management and capital improvement projects.
Optimize data analysis and management, product and project costing, benchmarking, accounting, and asset and audit management.
Utilize extensive knowledge in lean manufacturing processes to outstanding team training.
Collaborate with cross-functional and external entities for achievement of enterprise mission.
Maximize opportunities to expand role of assignment.
Sarbanes Oxley · Corporate Leadership · Strategic Planning · World-Class Operations · Continuous Improvement · Internal Controls · Revenue Generation & Savings · Financial Planning & Modeling · Research & Development
Investment Analysis · Job Costing · Forecasting · Capital Projects & Budgets · Risk Management · Reporting
Cash Management · Accounts Payable & Receivable · Collections · Performance Management · Compliance
Communications · Executive Presentations · Vendor Management · Consensus Building · Six Sigma
ROBERT HALF INTERNATIONAL – Baltimore, MD 2018 – 2019
Temporary Professional Services – Accounting and Manufacturing – Maccaferri USA, Williamsport, MD.
Consultant -Provide subject matter expertise for SAP manufacturing and business application. Lead month end closing process for all USA operations including one (1) manufacturing facilty and four (4) warehouses. Review and troubleshoot all monthly cycle counts for improved inventory accuracy. Develop month end posting schedule in step with annual budget by cost center. Prepare and update all new product costings to the SAP system. Prepare daily cash analysis reflecting all recent A/R activities and projected A/P requirements. Administrate and process all A/R factoring to the international banking community both outgoing and incoming streams. Prepare monthly financial statements and submit to Director of Finance. Prepare all balance sheet reconciliations and maintain rolling database by month and quarter. Lead preparation of annual audit data requirements and compilation of support database.
LONGVIEW POWER – Maidsville, WV 2017 – 2018
700 Mega-Watt Power Station Serving PJM Region of Eastern USA
Senior Financial Analyst – Longview Power Plant – Electrical Grid Eastern USA
Analyze financial data by collecting, monitoring and creating financial models for decision support. Improve financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management. Assist with annual and quarterly forecasting. Prepare detailed budget models on a rolling 12 – month basis by working with cross – functional teams across all power plant disciplines. Roll – up of periodic quarterly forecasts for on-going financial measurement; Capital Expenditure project accounting placed in responsibility for initial cash flow budgeting, monthly follow – up reporting, close out and capitalizations with depreciation roll-forward compilations. Review and verification of all plant reporting to top – level management to include Monthly and Quarterly management reporting.
VERSO Corporation – Luke Mill, Luke MD 2015 – 2016
Supplier of coated papers in North America
Business Analysis Supervisor – Verso Luke Mill – Coated Paper Manufacturing
Provides the financial and operation analysis supporting the Verso Luke Mill. Supports the monthly financial closing process, management cost and variance reporting, forecasting, and development of the annual Business Plan in SAP and Budgeting process. Supports project driven manufacturing cost analysis, productivity improvement and standard cost
variance analysis. Develop changes in methods and procedures to improve the quality and timeliness of financial data and ensure decisions are data driven while communicating effectively across all levels of the organization. Develop and maintain financial SOX narratives and certify key SOX controls. Improved monthly turnaround of plant reporting package to management team in a timely feedback horizon incorporating key performance drivers.
ASSA ABLOY – Rockwood Manufacturing, Inc. Rockwood, PA 2015 – 2015
Leading global supplier of door opening solutions
Plant Controller –Rockwood Manufacturing – Door Opening Solutions
Oversees the preparation of reports that outline the company’s financial position in areas of income, expenses, and earnings, based on past, present, and future operations encompassing all monthly, quarterly and year-end financial statements. Prepares budgets and financial forecasts. Participates in continual improvement of the budgeting process through interfacing with department managers on financial issues impacting their budgets. Access the potential profitability of long-term capital investments through detailed financial analysis and in depth comprehension of the benefits of the investment. Plan, develop, organize, implement, direct and evaluate the organizations fiscal function and performance by identifying and tracking key performance indicators to support the company goals. Provide technical advice and knowledge to others within the financial discipline. Assures compliance with federal, state, and local laws. Assure financial integrity of all accounting functions and ensure controls are inplace to comply with all FASB (Financial Accounting Standards Board) requirements and GAAP (Generally Accepted Accounting Priniples).
Johnson Controls, Inc. Middletown, Delaware 2013 – 2015
Leading supplier of lead acid batteries for passenger car, light truck or utility vehicle
Plant Controller – Johnson Controls – Power Solutions Division
Responsible for preparation of the monthly financials, including closing of the monthly books,supervision of the staff accountants and analysis of results and current financial positions. Partner with operations team to maximize profitability including identification and quantification of areas of improvement, operating metrics and effective capacity planning. Management and maintenance of the cost accounting system including the implementation of cost control procedures, annual updating and maintaining the cost system and product cost work-ups. Participate in the budgeting and forecasting process. Tracking and preparing cash flow forecasts. Coordinating and managing banking functions for the site and preparation of relevant tax filings. Oversight of capital project budget from project submission through implementation and measurement phase.
SGL Carbon, Inc, Evanston, Wyoming · 2011 – 2013
Global leader in the manufacture of complex carbon products with innovative customer solutions
Plant Controller- SGL Carbon Fibers, LLC
Responsible for overall plant financial operations to ensure that the plant financial functions are performed in an efficient, accurate and timely manner. Leadership role in directing the financial staff and accountability for plant level responsibilities including forecasting, cash management, receivables, payables, cost accounting, standards development and all financial reporting to top-level management. Plant liaison for the SAP system. Develops annual operating budget in conjunction with plant management team. Demonstrates leadership in the development of the annual capital expenditure budget while compiling plant-wide coverage. Participates on special projects on an as-needed basis. Performs audits of bills of material to ensure product costs are accurate and accounted for properly within the records of the plant. Responsible for internal controls at the plant for operations and finance. Ensure accuracy of the physical inventory and reported results.
ARMSTRONG World Industries, INC, Beverly, West Virginia · Feb - Apr 2010
Global leader in the design and manufacture of floors, ceilings and cabinets.
Asst. Plant Controller – Wood Floor Products Division- Temporary Assignment
Reconciled accounts, reported and analyzed variances to budget and forecast and generated closing entries and reports for the month-end closing. Reviewed or audited the adherence to cycle count procedures, and participated in the periodic physical inventory and reconciliation of inventory transactions for purposes of inventory control participating as a go to leader during these events. Led the special project for one-time miscellaneous revenue recognition of environmental recycling and ad-hoc analyses. Provide weekly estimate process through reporting actual weekly performance and providing projections for the month to the plant controller.
FEDERAL-MOGUL CORPORATION, Winchester, Virginia · 2007 – 2009
Global supplier of automotive components and sub-systems serving OEMs and the aftermarket.
Financial Analyst – Friction Products Division
Realized outstanding performance in role of Plant Controller with oversight of divisional administration, research and development, sales and marketing, validation and approval of monthly sales, rebate and pricing accruals, monthly general ledger account analysis and reconciliations, and Sarbanes Oxley reporting. Supported group Controller through collection and analysis of weekly forecasts, monthly result and balance sheet reviews, quarterly forecasts, and annual operating budgets and strategic plans. Guided manufacturing sites in operational and corporate reporting.
Provided key contributions to special projects, include oversight of new accounting process upon corporate emergence from Chapter 11, as well as SAP restructuring and application of Hyperion-based package for improved financial analysis.
Utilized in-house variance analysis templates across 7 plant locations while reporting as consolidated unit.
PMG PENNSYLVANIA CORPORATION, Philipsburg, Pennsylvania · 2006 – 2007
Manufacturer of automotive shock absorber components in 53,000 square-foot facility.
Optimized plant’s cash management system, managed capital expenditures, provided account reconciliations, and issued reporting to senior management on monthly, quarterly, and mid-term basis. Provided key contributions to Sales and Operations Planning structure for acknowledgement of operating requirements, forecast trends, and budget variances. Directed compilation, analysis, and corrective action phase of KPI reporting metrics for consolidated results. Formulated comparative analysis of sister companies with operations abroad, including feedback to local management team to facilitate improvement.
Applied financial perspective to management of SAP B1 business system, providing upgrades for increased accuracy in product costing.
Established KPI system for individual engagement and performance management.
Acted as financial contact with foreign corporate group and external Auditors. Prepared documentation for economic grant, resulting in collection of $60K.
TB WOOD’S INC., Chambersburg, Pennsylvania · 2005 – 2006
Leading manufacturer of mechanical power transmission equipment for end users and OEMs.
Plant Controller – Mechanical Division, Power Transmission Group
Reconciled balance sheets and prepared financial statement presentations for inventory. Provided daily analysis of operating results, issued monthly line analysis of operating year’s projects to senior management, as well as cash flow opportunities, and coordinated month-end financial close. Prepared annual budget, and consolidated quarterly and year-end audits with external Auditors.
Identified measures for maintenance of top operating results while achieving process improvement.
Engaged in continuous improvement project for review of key product standard costs and foundry breakout.
Established labor and overhead rate development plan combining sales and spending goals.
METALDYNE CORPORATION, Saint Mary’s, Pennsylvania · 2004 – 2005
Manufacturer of metal-based components and assemblies for chassis, engines, drivelines, and transmissions.
Plant Controller – Sintered Products Group, Engine Division
Navigated group through challenging period involving external audit, completing audit requirements. Coordinated financial reporting to senior management utilizing Hyperion tools. Performed comparable duties to most recent assignments with oversight of physical inventory process on semi-annual basis.
Discovered errors in inventory management system and drove more than $100K of corrective actions.
Identified process improvements for inventory control, resulting in extensive update of physical inventory package and $75K of corrective actions.
Recommended burden rate model for year-end 2004, resulting in increased accuracy in standard costing.
KENNAMETAL, INC., Latrobe, Pennsylvania · 1998 – 2004
Manufacturer of carbide, diamond, and CBN cutting tools.
Group Financial Planning Analyst – Metalworking Solutions & Services Group · 2000 – 2004
Reviewed financial planning model and reconciled to SAP in analysis of business trends and ratios. Managed Sarbanes Oxley documentation associated with group consolidation and executive budgets. Reviewed and analyzed operating results with focus on expeditious problem solving for maintenance of top efficiency. Led team in capital project implementations, and participated in cross-functional team achieving process improvements and realizing improved value. Presented on topic of Management Accounting for Lean Enterprise at St. Vincent College, Latrobe, Pennsylvania.
Received Manager’s Award for gross margin analysis model for operations review, as well as Manager’s Award for planning and execution for operations review.
Additional career highlights include the following:
Manufacturing Controller – Mining & Construction Division from 1998-2000 with Kennametal, Inc. Provided critical contributions to IS implementation and optimization team for SAP system and plant data at acquired facility with sales in excess of $90M. Installed manufacturing forecasting model for plant direct and conversion costs, and participated in Y2K project, resulting in recognition for outstanding performance.
Financial Operations Director from 1996-1998 with Frostburg State University, public institution with colleges in education, business, and liberal arts and sciences and 5,200 undergraduates. Coordinated university and student billing functions with operational oversight of billing staff, as well as electronic funds transfer of student loans. Launched laser check writing system for 24-hour delivery of student loan proceeds from electronic funds transfer.
Additional positions include Controller – Zanesville Mould Division and Financial Analyst – Keyser Plant with Anchor Glass Container Corporation; Assistant Controller with Keyser Stainless Corporation; Price Estimator, Cost Analyst, and Accountant with Hercules, Inc.; and Accountant with City of Cumberland, Maryland Housing Authority.
Master of Business Administration · Bachelor of Science in Accounting
Frostburg State University, Frostburg, Maryland