JAMES R. FARYEWICZ
https://www.linkedin.com/in/jim-
N Little Rock, AR 72116 faryewicz-5a01424 E-mail: **********@*****.***
SUMMARY
Solution-oriented leader who has a positive impact to the bottom line, specializing in Process Improvement, Key Performance Indicators, and Internal control. Decision maker with the ability to prioritize actions based on the needs of the business. Results-driven manager with a diverse background and an expertise in Accounting Operations, Cost Accounting, Cash Management, Financial Reporting, Project Management, and Mergers/Acquisitions.
ACCOMPLISHMENTS
Improved annual Working Capital/Cash Management by 40%
Created Internal Controls to improve profitability
oIdentified $2,000,000 in unrecognized revenue
oReduced Errors by 77% and improved Profit by 12% in State and Local Bid Process
oReduced Inventory Variance to 0.25% of usage
oCreated Sales Tax Reporting and Audit Tool from Data Warehouse
oReduced Payroll error rate to -0-
Ranked 1st in Company for most accurate Financial Reporting
oReduced Accounts Receivable Aging by 40%
Developed Key Performance Indicators and Activity-based Cost Model to measure actual performance to projected:
oReturn on Investment Spend
oProfit Model Target
oMargin & Labor Cost by Product Line
oSales and Revenue Projections
oOperations and Finance Scorecards
oBudget Variance Analysis to include Income Statement, Balance Sheet, Working Capital, Labor, and Benefits
Project Management Leader in Accounting Consolidation/Integration, ERP Software Upgrade, and Annual Audits
Team Trainer in Customer Satisfaction, Employee Satisfaction, and Employee Retention & Enhancement
PROFESSIONAL EXPERIENCE
US FOODS 2013-2016
Finance Manager: Finance Leader for $140,000,000 Distribution Centers to include Financial Reporting and Planning, Sales Contracts, Inventory Control (7,000 SKUs), Fixed Assets, Accounts Payable, Accounts Receivable, Payroll, Government Bid and Contract Review, Vendor Contract Compliance, IT, and SOX Compliance.
EDUCATIONAL PRODUCTS, INC. 2005-2013
Controller: Managed and controlled Manufacturing Division financial activities and oversaw the Preparation, Review, and Analysis of Monthly Financial Statements. Reviewed, Developed, Implemented, and Maintained adequate Internal Financial Controls. Worked with External Auditors. Part of Management Team that improved company performance from a negative Operating Profit to 10% adjusted EBITDA.
SELF EMPLOYED 2004-2005
Consultant – Sarbanes-Oxley Act, 404 Compliance
Contracted for Document and Audit Financial Processes for compliance with Section 404 of the Sarbanes-Oxley Act. Also evaluated and established controls within areas where controls did not mitigate or eliminate risk.
ADDITIONAL EXPERIENCE
AMERICAN PACKAGE EXPRESS - DALLAS 2000-2004
VP of Finance/Controller: Complete financial responsibility for a $24,000,000 Freight Consolidator. Responsibilities included Cash Management, Credit and Collections, Billing, Accounts Receivable, Accounts Payable, Medical and Operating Insurance, Human Resources, Payroll, Claims Management, Safety, and IT. Created Financial Controls and Operating Efficiencies that generated increased Margin and Reduced Overheads. In 2002, Dallas increased profitability by $5,000,000 over 2001. Worked closely with Investors on Cash and Financial Planning. Consolidated Financial Staff from 43 to 6.
GREYHOUND LINES, INC. 1997-2000
Director of Accounting Operations: Managed diverse operations that included Accounts Payable, Operating Tax, and Office Management Services. Responsible for $750,000,000 in expenditure transactions, corporate Travel, Cash Fund and Expenditure policies, and AP synergies among subsidiaries. Coordinated tax transactions including property, sales & use, fuel, franchise, and business licenses. Managed special projects. Controlled corporate records retention, non-IT office equipment, electronic and manual forms, and mail/copy centers. Responsible for a staff of 50.
RYDER SYSTEMS, INC., Ryder Transportation Services 1984-1997
District Controller: P&L ownership with total management accountability for finance, asset management, and systems administration. Prepared annual plans, analyzed branch and asset performance, led customer satisfaction and profit improvement teams, purchased and installed all computer equipment and software, and ensured tax compliance. Annual Revenue $54,000,000, Assets $63,000,000, 16 locations, and staff of 15.
EDUCATION
B.S., Business Administration & Accounting, Christian Brothers University, Memphis, Tennessee
CONTINUING EDUCATION
Dale Carnegie Mgmt Training
Project Management
Culture Training
Change Management
Sarbanes-Oxley Act
Asset Management
Behavioral Interviewing
Finance Lease
Franklin Covey
Train the Trainer
Quality Process
Operations Problem Solving
COMPUTER SKILLS
PeopleSoft, Solomon, Oracle (A/P, GL, Discover, Hyperion), Great Plains, FRX Report Writer, Walker (GL, Fixed Asset, A/P, A/R), MS Office (Outlook, Excel [Essbase], Access, Word), Crystal Reports, SQL, Novell LAN, Prism, Merlin, Monarch
ASSOCIATIONS
Lakewood Property Owners Association of North Little Rock, Arkansas (City and Resident Funded Association): Board Member