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Manager Accounting

Location:
Kenosha, Wisconsin, 53144, United States
Posted:
October 25, 2016

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LAWRENCE FAUS, CMA, CFM

**** **** ******, **** **

Kenosha, Wisconsin 53144

608-***-****

acw8fp@r.postjobfree.com

BACKGROUND SUMMARY

Financial Professional with over 15 years of extensive and diversified experience in manufacturing environments. Accomplishments illustrate strong ability to introduce and implement systems and processes that increase profitability, enhance productivity and improve accuracy of financial and operational reporting. Expertise in:

General Accounting

Financial Reporting

Forecasting

Cost Accounting

Cash Management

Staff Supervision

EMPLOYMENT HISTORY

AAA SALES & ENGINEERING, Franklin, WI 2015 to Present

A manufacturer of OEM precision machined castings and forgings.

Accounting Manager

Report to CFO. Responsible for all financial and standard cost reporting using Syteline ERP.

Created cash forecast model resulting in accurate forecast of future cash needs.

CARY FRANCIS GROUP, Franklin, WI 2011 to 2015

A fully integrated marketing services and merchandise fulfillment company.

Controller

Report to CFO. Responsible for all corporate accounting and external financial relationships.

Reduced reworked invoices from over 20% to less than 1% saving 10 hours of processing time per month.

ROBERT HALF INTERNATIONAL, Milwaukee, WI 2011 to 2011

Accounting and finance staffing firm.

Project Consultant

Reported to CFO. Served as Director of Finance for a global manufacturer of industrial process ovens.

Documented the processes and procedures for completed contract revenue recognition and eight other key processes. This assured continuity of financial and operational reporting.

HELIO PRECISION PRODUCTS, Lake Bluff, IL 2007 to 2011

A manufacturer of OEM valve guides and machined precision components.

Controller

Reported to CFO. Responsible for all financial controls, reporting and cost accounting.

Reinstalled ERP cost system providing product, product line and customer profitability resulting in select pricing strategies increasing 2011 profits by $1.0 million.

Lowered accounts receivable from 51 days to 42 reducing working capital by $1.0 million

Key member of team that increased inventory turns from 6 to 11 reducing working capital by $2.5 million.

Designed and implemented an inventory obsolescence process that lowered excess on-hand inventory by high lighting and thus eliminating excess purchases.

Reduced monthly closing process from 7 business days to 4 business days.

Automated financial reporting system allowing management team to discuss monthly performance in 4 days instead of the previous 9.

Managed balance sheet assuring that cash flow remained positive both during business down turns of 2009.

T & C INDUSTRIES, Darien, WI 2005 to 2007

Corporate office of Royal Basket Trucks, Curtition, National Paint Equipment and Transcend.

Controller

Reported to Owner. Responsible for all corporate accounting and external financial relationships.

Guided company out of net loss and cash crunch in 2005 to financial stability in 2006: worked with purchasing to lower cost of materials, worked with A/R to improved credit approval process and collection procedures, and eliminated unprofitable business line.

LAWRENCE FAUS, Page 2

ALL-GLASS AQUARIUM, Franklin, WI 2004 to 2005

A manufacturer of aquariums and aquarium furniture and accessories.

Manager of Manufacturing Costs and Budgets

Reported to CFO. Responsible for manufacturing and inventory accounting for Franklin, Wisconsin and Dallas, Texas locations. Functioned as primary accounting contact for manufacturing managers.

Identified and corrected base labor data discrepancies and developed metrics for production, shipping, labor and inventory that resulted in reliable measures and improved production performance.

Initiated use of landed cost calculation for imported raw materials that improved accuracy of purchasing decisions, reduced lead times and decreased inventory.

G. LEBLANC CORPORATION, Kenosha, WI 2002 to 2004

A manufacturer of woodwind and brass instruments.

Director of Accounting

Reported to CFO. Responsible for cost accounting, financial reporting, accounts payable, accounts receivable and payroll. Managed four associates.

Led implementation of International Financial Management for MAPICS integrating the general ledger to A/P, A/R, purchasing, requisitions and inventory. Results included increased productivity, streamlined purchasing process and improved financial analysis.

Introduced cash monitoring and projection model that facilitated proactive fund management strategies to avoid cash shortages.

POLYMER TECHNOLOGIES, Whitewater, WI 1998 to 2002

A manufacturer of OEM automotive suspension components.

Plant Accounting Manager

Reported to Divisional Controller. Managed plant financial and cost accounting. Supervised accounts payable and accounts receivable staff.

Compressed month-end close from six working days to three allowing for analysis of statements and review with General Manager before corporate close.

PLACON CORPORATION, Madison, WI 1995 to 1998

A manufacturer of thermoformed custom and proprietary packages.

Cost Accountant

Responsible for maintaining standard cost system and analyzing capital projects using cash flow analysis and return on investment.

Developed and implemented non-financial measurements with manufacturing managers allowing floor personnel to visualize daily productivity.

PRENT CORPORATION, Janesville, WI 1990 to 1995

A manufacturer of thermoformed custom packages.

Cost Accountant 1990 to 1995

Reported to CFO. Responsible for job costing, explaining variances and monthly inventory reconciliation.

EDUCATION

BS, Finance/Accounting, University of Wisconsin – La Crosse, La Crosse, WI

PROFESSIONAL CERTIFICATIONS

Certified Management Accountant

Certified in Financial Management

PROFESSIONAL MEMBERSHIPS

Institute of Management Accountants

Board Member/Treasurer – Milwaukee Chapter



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