Accounting Management, Controller, Plant Controller
Resume:
*** ******** ** ** ********, VA *****
PLANT CONTROLLER
Jewell Coke Company, L.P. (SunCoke Energy) / 04.2012 to Present Managed staff of 10 employees with full charge cost and managerial accounting duties for coke manufacturing facility and mining operations. In charge of GAAP compliant financial statement preparation for public company. Responsible for explaining monthly results to corporate senior management, and working continuously with local operations management to develop action plans to meet target margins and mitigate risks.
Managed company to 100% Sox compliant for both the manufacturing and mining segments since employment with this company
Implemented Kronos timekeeper system in less than four months at the coke plant and trained field managers on using the system.
Designed company budgeting and forecasting model using Cognos TM1 Perspectives for the mining business.
Developed weekly profit and loss reporting including key performance indicators. This provided intra-month analysis of variances from standards allowing management to make more timely business decisions.
Despite being new to manufacturing in 2012 lead a management team in exceeding earnings target by $4.4m in first year as controller. Seeking out new cost savings initiatives and improved risk planning were keys to the positive results.
Lead process streamlining and systems implementation efforts to improve financial close timing by one day within first two years of employment.
Despite a 36% drop in sales price from 2012 to 2015 due to suppressed steel markets, the manufacturing company’s margin per ton only dropped 20% from 2012 levels. Managed the local plant team in identifying controllable improvements around yield and maintenance spending through capital project initiatives. Hands-on, solution-focused accounting professional with solid experience in the manufacturing and energy sectors for companies with revenues ranging from $70mm to
$500mm annual. Multi-faceted and consistently utilize my business experience to maximize sustainable growth and profit through achievements in financial management, cost containment, and internal controls. Quickly builds and nurtures excellent working relationships in all levels of the organization and outside. Proactive, results oriented controller with proven ability to work under pressure in fast paced environment while maintaining the highest integrity and personal accountability. Highly motivated professional with seasoned ability in adapting to changing environments with a focus on minimizing impacts of variances and developing corrective action plans.
**********@*****.***
Linkedin.com/in/jay-elswick-
cpa-25263a95
C O N T A C T P R O F E S S I O N A L P R O F I L E Budgeting and Forecasting
Profitability Analysis
Sox Compliance and Internal Control
Cost Accounting
Policies and Procedures
Strategic Planning
Systems Development
General Accounting and Reporting
Technical GAAP Knowledge
Financial Close Process
Internal and External Audits
Working Capital Management
Financial Statement Preparation
C.P.A.
License # WV004330
2002
E X P E R I E N C E
JAY ELSWICK
JE
C E R T I F I C A T I O N S
E X P E R T I S E
JE JAY ELSWICK
235 Campbell St SW Abingdon, VA 24210
BACHELOR OF SCIENCE
Accounting
West Virginia University Institute of
Technology
1996
CONTROLLER, BUSINESS MANAGER
Trinity Coal Corporation / 04.2007 to 04.2012
Managed staff of 5 direct reports in charge of cost and managerial accounting functions including business management for 7 locations at this privately held company. Additionally, in charge of developing and maintaining internal controls, policies and procedures. Owned budgeting, forecasting, KPI reporting, and business analysis responsibilities.
Managed successful ERP conversion from MAS90 to SAP. This included personally designing company’s sales and contract administration systems.
In the first year of employment with the company identified $2mm in tax savings and incentives not previously pursued and was successful in getting refunds paid.
Established a receiving and warehouse function at our largest WV location.
Designed a product inventory costing system for costing at lower of cost or market
Created a royalty contract management system for over 500 contracts
Streamlined external audit process which reduced company expense by 30%. CONTROLLER
Magnum Coal Co. (Brooktrout Coal Company, LLC.) / 03.2003 to 03.2007 Managed staff of 2 direct reports with full charge accounting responsibilities for this privately held company. Reported to VP of Operations and performed various business analytics daily.
Improved purchasing policies and procedures that lead to increased cost savings.
Negotiated successful contract amendment with largest customer that increased revenues by $2 per ton.
Designed company cash management model
STAFF ACCOUNTANT, ACCOUNTING TRAINEE
Massey Energy Co. / 08.1996 to 03.2003
Responsibilities include sales accounting, capital accounting, account reconciliations, financial statement presentation, budgeting and forecasting, payroll, accounts payable, accounts receivable and collections, cash management, royalty and contract administration, financial closing and journal entry processing, purchasing, filing various state and federal tax returns, internal auditing, and GAAP research including writing position papers.
Automated purchase order process by assigning item numbers and contract data to vendor data. This decreased time of purchased order processing by 75%.
Two years into job and took over as land company controller for 8 months over gas, timber and coal rights which included management of 2,000 contracts.
Audited accounts payable transactions with the largest vendors and uncovered billing errors which resulted in over $200,000 in refunds to company.
Worked 4 months in an underground mine and on a maintenance crew in a preparation plant as part of the trainee program. This lead to improved ability to communicate with operations and better understanding of the business. T E C H N I C A L S K I L L S E X P E R I E N C E c o n t i n u e d E D U C A T I O N
SAP
Microsoft Dynamics GP
MAS 90
Quick Books
Oracle
AS400
IBM Cognos Business Intelligence
IBM Cognos TM1 Perspectives
Hyperion
Advanced Microsoft Excel
Advance Microsoft Power Point
Microsoft Word and Access
IBM Maximo Warehouse
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