Controller

LONNIE A. WILLIAMS

Mt. Washington, KY * 248-***-**** * ********@*****.***

SKILL

Improve staff skills with ongoing teaching and training

Manage assets to improve cash flow

Quickly close books so management can utilize

Motivate hourly and salary associates towards same goal

Manage a staff of 50+ associates

Respected as mentor to inexperienced managers

Hire A-Players

Competent at turning around departments and/or entire companies

Effective at multi-tasking, decision making, problem solving, continuous improvement.

Advanced use of Word, Excel, and PowerPoint

EXPERIENCE

Controller, Revere Plastics Systems, Jeffersonville, IN., May 2018 – June 2019

Responsible for Monthly Financial Statement Package preparation including Balance Sheet Reconciliations and EBITDA walks.

Responsible for maintaining Raw Material standards, analyzing Purchase Price Variances and Material Usage Variances.

Provide the Commercial Group of the sell price impact of increasing raw materials for obtaining recovery from the Customer.

Prepare Plant Budget excluding Sales and weekly updates to three-month (monthly) forecasts.

Provide upper management with weekly recalculations of monthly forecasts.

Provide on-going Financial, Operational, and Continuous Improvement analysis

Daily provide to all Revere Plastics Plant Management (5 plants) and Executives dashboard metric results.

Group Controller, INOAC – Packaging Group, Bardstown, KY, April 2015 – August 2017

Lead the Finance, Accounting, Logistics, and Customer Service teams in Bardstown and oversee Accounting for Mexico operation.

Created Balance Sheet Reconciliation and Fixed Asset Detail Listing and reconciliation.

Created internal monthly and daily dashboard of financial, sales, and operational reporting.

Independent – Finance and Accounting Consultant, January 2015 – July 2015

Clients included Alderney Advisors, and INOAC Packaging Group.

Plant Controller, Detroit Manufacturing Systems, Detroit, MI., March 2014 – January 2015

Developed cost center structure, including responsibility and accountability.

Responsible for cost estimating, pricing, and analysis.

Director, BBK, Ltd., Southfield, MI., March 2005 – February 2014

Promoted from Associate to Manager to Director within 4 years.

Performed viability analyses of distressed firms (mostly automotive suppliers on behalf of OEM’s), including complex cash flow & P&L forecasts.

Utilized forensic accounting methods to conduct audits on a firm’s materials, tooling, and capital assets.

Served as Chief Financial & Restructuring Officer for a machining company in a liquidity crisis. Paid-down $9M loans, negotiated financing, and improved liquidity to achieve a positive sale scenario.

Director of Operations & Finance, AHD Vintners, Warren, MI., May 2004 – February 2005

VP of Operations & Finance, Erickson’s Flooring & Supply Co., Ferndale, MI, July 1999 – February 2004

Managed a staff of 44 personnel, including 6 senior managers, and a combined $4 million budget.

EDUCATION

MS in Professional Accounting from Walsh College, Troy, Michigan, 1997 - 2000

BBA in Business Management with emphasis in Finance from West Coast University, Orange, California, 1982 - 1986

Taught “Strategic Leadership” and “Accounting for Managers” at Baker College, Auburn Hills Michigan

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