Manager Accounting

MICHAEL A. ASHER

**** ******* *** ****, *****, OH 45040 * 513-***-**** * **********@*****.***

An accomplished Financial Executive specializing in improving efficiency, increasing overall profitability, reducing costs, and building a cohesive team.

SUMMARY OF QUALIFICATIONS

Solid experience in financial management and accounting functions including business evaluations, forecasting/modeling, cost analysis, budgeting, capital evaluations, cash flow analysis, and variance analysis.

Highly capable of identifying business inefficiencies, analyzing existing processes, determining process improvements, and implementing recommended solutions.

Excellent management and leadership skills. Adept at creating cohesive, productive teams comprised of people from varying age groups, cultural and socio-economic backgrounds.

Extensive experience in manufacturing and telecommunications industries. Expert knowledge of all aspects involved in financial operations.

Exceptional communication and interpersonal skills

PROFESSIONAL EXPERIENCE

PowerNet, Cincinnati, OH 2005 – August 2015

Controller (11/2009 – August 2015)

Accomplishments:

Developed successful, effective team concept for the department focusing on the value of the group over the individual through servant leadership.

Implemented department cross training process to build depth and knowledge within the accounting and finance group while absorbing significant personnel losses.

Created and implemented new financial reporting structure to adapt to changing business climate and revenue and gross margin mix.

Supervised successful year end audits with minimal adjustments.

Effectively managed Finance department performing dual roles while VP-Finance position remained unfilled for extended periods of time.

Manager of Accounting and Finance (also held position Manager of Financial Reporting and Analysis) for global telecommunications corporation (07/2005 – 11/2009)

Responsible for financial analysis, management of trial balance and general ledger, budget preparation and implementation, financial reporting, planning, forecasting, variance analysis, budget preparation, cost analysis, year end audit preparation and implementation, and financial statement preparation, review, and analysis.

Supervised as many as nine employees in areas of general accounting, financial analysis, purchasing, general accounting, and accounts payable.

Utilized extensive knowledge of Accounting to evaluate current processes and make recommendations often resulting in improved internal financial and operational controls.

Accomplishments:

Introduced new budgetary techniques to provide improved methods to identify savings in first year of employment.

Reduced time to complete year end audit by 50%.

Introduced tracking models for various revenue segments to improve margin analysis.

Developed new and enhanced existing accounting controls.

Developed and managed cohesive and effective team environment for my group.

Kadant Black Clawson, Mason, OH 1989 - 2005

Manager of Financial Planning, Analysis, and Reporting for global paper equipment manufacturing corporation (04/1998 – 04/2005)

Responsible for performing of financial analysis, reporting, planning, forecasting, variance analysis, budget preparation, yearly reviews, cost analysis, and financial statement preparation, review, and analysis. Promote and ensure integrity of all financial information.

Utilized extensive knowledge of Accounting to evaluate current processes and make recommendations often resulting in improved internal financial and operational controls.

Michael A. Asher Page Two

Accomplishments:

Responsible for Percentage of Completion and SAB 101 revenue recognition reporting.

Responsible for Fixed Asset management, analysis, and reporting.

Critical team member in company wide project to meet Sarbanes/Oxley internal control standards.

Played key role as member on Due Diligence Audit team responsible for two acquisitions.

Converted accounting responsibilities of new and existing operations into one cohesive, consolidated financial package.

Created and instituted Return on Investment Capital model to improve asset decision making.

Designed and established contract matrix for reviewing contract status, approval process, project milestones, and improved management of terms, conditions, and consequences.

Mentored and trained new General Accounting Manager on all key functions.

Consistently completed all projects/audits on schedule and within budgetary constraints.

Financial Reporting Manager (04/1991 – 04/1998)

Responsible for review, analysis, management, and administration of all financial reports. Also, directed day-to-day operations of Middletown division Financial Department.

Performed tax report preparation, budget process implementation, balance sheet management, cash flow management, returns and allowance process management, warranty cost control, and audits preparation and implementation.

Accomplishments:

Reduced annual costs by 1% by improving computer operations, expediting processing, streamlining document flow, and establishing periodic audits.

Facilitated merge of two separate financial reporting systems after acquisition was complete.

Conducted historical review of all financial statements, performed analysis of balance sheet, and prepared budget during acquisition.

Designed and instituted comprehensive cash forecasting system resulting in improved accounts receivable aging process.

General Accounting Supervisor (08/1989 – 04/1991)

Responsible for monthly closing of accounting and financial records and report preparation and distribution.

Accomplishments:

Implemented innovative process enhancements that resulted in reduction of processing time for monthly closing by 32 hours.

Significantly reduced clerical errors and reduced processing time by 50% by initiating PC annual audit consolidation.

Consistently promoted to positions of increasing responsibility.

Container Corporation of America, Cincinnati, OH 1988 - 1989

General Accounting Manager for global paper manufacturing corporation (08/1988 – 09/1989)

Responsible for monthly closing of accounting, financial records and reports, balance sheet maintenance, cash flow analysis and accounts payable and accounts receivable management.

Accomplishments:

Participated in comprehensive field audits of other divisions.

Introduced inventory reporting system and reduced average variances by 40%.

Jefferson Smurfit Corporation, Middletown, OH 1986 - 1988

Accounting Manager for global paper manufacturing corporation (12/1986 – 08/1988)

Responsible for account analysis, account reconciliation, accounts payable analysis and management, physical inventories, and spreadsheet preparation and analysis.

EDUCATION

Xavier University, Cincinnati, OH 1985 – 1987

Master of Business Administration, Finance and Accounting

Eastern Kentucky University, Richmond, KY 1980 – 1985

Bachelor of Business Administration, Accounting

PROFESSIONAL AFFILIATIONS

National Association of MBA Executives

National Association of Credit Managers

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