Resume

Sign in

Management Financial

Location:
Walled Lake, Michigan, 48390, United States
Posted:
January 01, 2017

Contact this candidate

EDWARD J MANICK III,C.M.A.

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

Walled Lake, MI 48390-3240

Home: (248) ***-****

acx2xg@r.postjobfree.com

CAREER OBJECTIVE

I am looking for a Senior Financial management role in an organization that will recognize my value-added contributions.

CAREER SUMMARY

A results oriented strategic thinker seeks a position where continuous improvement and teamwork can be utilized to enhance the profitability of the organization. I possess over twenty years of progressive experience serving the manufacturing and utility sectors. I have proven experience in Financial Reporting, Financial Management, Financial Analysis, Cash Management, Cost Accounting, Risk Management, Budget Preparation, Forecasting, and Benefits Planning. I possess E.R.P. skills, strong analytical skills, am self-directed, can evaluate internal controls, and have the ability to prioritize work to meet organizational goals. PROFESSIONAL ACCOMPLISHMENTS

• Championed a business development plan complete with all financial statements and capital requirements to double capacity of induction heat-treating facility. (Project budget was

$12.5M with a 36 month payback. Actual spending was $11M and payback was 25 months).

• Solicited competitive bids for Utilities & Supplies resulting in cost savings of $250K.

• Developed key strategic initiatives which lead to K.P.I. data used strategic plan, annual budget, and quarterly forecasts.

• Renegotiated a credit facility which resulted in lower borrowing rates and annual cost savings of $150K.

• Analyzed freight traffic procedures{Logistics} and recommended a change in handling outbound freight, resulting in cost savings of $100K.

• Implemented a reorganization of employee benefits which generated cost savings of $125K.

• Developed an activity-based costing system {ABC} for manufacturing expenses which was utilized in a pricing matrix to identify market opportunities.

• Developed a process for identifying and moving obsolete inventory in a timely manner.

• Assisted in ERP implementations for SAP, Power Plan, and MS-Dynamics. PROFESSIONAL EXPERIENCE

DTE Energy, Detroit, MI

Financial Analyst, 2005 - 2016

($8-10 Billion) Employees – 10,000.Provided operational support for multiple business units {Power Generation & Corporate Services}. Assisted in developing and updating capital policies and procedures. Provided financial support to Audit Services team and to external auditors as related to key accounting and Sarbanes Oxley internal controls. Provided financial support in preparing annual F.E.R.C.; 10-K; and M.P.S.C. reports. Developed several new work structures for Fleet, Facilities Administration, and Information Technology Service teams. Developed link from work management system to fixed asset system to facilitate periodic reconciliation of master data records. Utilized Advanced Excel skills for financial analysis, capital spending reports, and to facilitate problem solving. ROBERT HALF MANAGEMENT RESOURCES, Detroit, MI

Consultant, 2004 - 2005

I worked at DTE Energy where my problem solving skills and my business judgment were utilized to evaluate capital expenditure requests and produce capital spending reports. EXCELLO MACHINE TOOLS INC, Sterling Heights, MI

Mgr. of Finance & Admin., 2003 - 2004

($35-40 Million) Employees - 100 • I reported directly to the President of the company and was responsible for all management reporting as well as human resource functions and M.I.S. operations. I also acted as the chief liaison with the international headquarters and other stakeholders in the company. Experienced in Percentage of Completion accounting, cost estimating, program tooling costs, and capital expenditure requests. Responsible for month end close, financial statement preparation, annual budgets, and variance analysis. WALKER WIRE & STEEL, Ferndale, MI

Corporate Controller, 1998 - 2003

($50-55 Million) Employees - 180 • Maintained full profit and loss responsibility {month end close, financial statement analysis, working capital variances, and standard costing} and reported directly to the President advising him on all decisions affecting the company. Responsible for reviewing all major contracts and obligations {Contract Administration} to secure maximum financial results with minimum financial risks. Interface with Human Resources on resolution of Labor Grievances and other Employee-related issues. Responsible for administration of pension plans, insuring compliance with all applicable ERISA regulations. Ascertain adequacy of financial controls. Responsible for chairing an unsecured creditors committee and developing a successful solution. Maintain working relationships with auditors, bankers, lawyers and all other stakeholders that had an interest in company.

QUANEX-MICHIGAN SEAMLESS TUBE CO, South Lyon,MI

Plant Controller, 1990 - 1998

($50-60 Million) Employees - 230 • Maintained, Developed, and updated Internal Control Flowcharts of ALL Financial operations which assisted company in obtaining ISO-9000 Certification. Responsible for Payables, Fixed Assets, and Billing operations, as well as weekly Payroll processing consisting of 25 different incentive plans covering 220 employees. Responsible for maintaining standard cost system, complete with B.O.M. and variance analysis. Responsible for month-end close {including corporate consolidation} process and update of monthly management reporting package.

EDUCATION / PROFESSIONAL AFFILIATIONS

Walsh College, Troy, MI

Corporate Finance

GPA: 3.52, Graduated cum laude.

Western Michigan University, Kalamazoo, MI

B.B.A., Accounting, Minor: Public Administration

Accounting Degree with double minors in general business and public administration. ACTIVITIES

Member - Detroit Chapter - Institute of Management Accountants Member - Metro Detroit YMCA

Former Member - Tax Advisory Committee - Michigan Manufacturers Association Volunteer - Boy Scouts of America, Forgotten Harvest, Focus Hope, and St. Theodore{Westland}.

Accomplished marathon & half-marathon runner.



Contact this candidate