Edward R. Downer

*** ******* ******

Easthampton, MA 01027-1671

Cell: 413-***-**** Home: 413-***-**** acy7uo@r.postjobfree.com

Summary

Experienced accountant that developed operating budgets, cost reporting, month-end close entries and measured cost performance. Managed Direct, Standard and Job Cost systems, absorption and fixed assets. Supervised physical inventories and Accounts Payable. Analyzed cash activities effect on covenants, filed sales and use tax returns for 42 states, managed Human Resources and Payroll.

Accomplishments

Authored company’s 1st employee handbook, establishing company’s mission, culture and guidelines for personal achievement, benefits and rules of responsible personal behavior.

Achieved 100% recovery of inventory write-off by identifying and correcting erroneous yield calculations for work in process cost centers, initiated re-programming and recapture. Saved

$1 million per quarter.

Changed company payroll processing vendor, based on cost/benefit analysis, elimination of duplicate legal services and payroll preparation. Saved $500 processing cost per payroll.

Developed and implemented, priority and duty assignment, reducing month-end closing time by 1 day.

Observed the need and undertook responsibility for filing all company sales and use tax obligations both domestic and Canadian, saving $1,500 to $2,000 per month.

Experience

Cost Accountant/Contract Solomon Page /Vaupell Molding Agawam, MA 02/2015-03/2016 Developed and maintained cost systems and bills of material to generate detailed cost data for manufacturing operations. Prepared and implemented accounting systems and practices, making recommendations as appropriate. Aided in the development and review of annual budgets.

Accountant/Contract Hire Turbon USA/Clarity Imaging Springfield, MA 11/2013-09/2014 Closed sales and use tax accounts for Clarity and established accounts for Turbon, including filing all outstanding returns. Filed all Canadian GST taxes that were delinquent.

Plant Accountant Clarity Imaging Technologies Springfield, MA 07/2002-08/2013 Performed cost-accounting close, booking a majority of entries, variance performance measurements, reconciliations, conducted month-end balance sheet and expense reviews using excel spreadsheets to display auditable accounts. Maintained confidential employee records and processed payroll. Received, recorded, booked, transferred, wired and banked all cash, reconciling statement variances. Filed sales and use taxes in 42 states and GST taxes in Canada. Managed Human Resources and Payroll.

Plant Accountant/Controller Pro Corporation-PMC Florence, MA 05/2000-06/2002 Analyzed accounting operations, closings, reporting and reconciliations for discrepancies. Examined balance sheet and profit/loss performance, determined items requiring excel spreadsheets and prepared results. Maintained confidential information for payroll. Measured monthly and annual budget forecasts. Responsible for all inventory daily activity, physical inventories and recosting.

Education

American International College Bachelor of Science-Accounting, Springfield, MA