TIMOTHY J. LARKIN
N. FORT MEYERS, FL *****
**********@*******.***
SUMMARY
Senior financial professional with substantial experience in manufacturing and distribution.
Extensive involvement in:
General management of manufacturing departments
Financial statement preparation and analysis.
Forecasting and budgeting.
Cost measurement and control.
Inventory valuation and analysis.
Government contract pricing and negotiations.
Computer software selection and implementation.
International accounting and consolidation.
Banking and insurance negotiations.
Interacting and teaming with managers of other disciplines.
Proficient in Microsoft Excel, PowerPoint and Word, Crystal Reports, Mapics, Quickbooks and certain industry specific ERP software.
PROFESSIONAL EXPERIENCE
Teledyne Printed Circuit Technology – Hudson, NH (2010 – July, 2016)
GENERAL MANAGER
P&L responsibility for a $20MM contract manufacturing division of Teledyne Technologies Inc. Managed manufacturing, engineering, quality assurance and business development.
Modified quoting procedure to reduce errors and improve profitability.
Instituted team approach to eliminate excess scrap during new product introduction.
CONTROLLER
Responsible for the accounting, IT, contracts, purchasing and pricing functions. Managed a staff of 10. Specific accomplishments include:
Established a separate company within the corporation by separating the accounting function from a consolidation with another Teledyne company.
Created methodology for monthly and annual forecasting of financial statements leading to the reduction in breakeven sales level by $2.5 million.
Developed and instituted strategies for pricing and inventory control to improve margins, increase inventory turns and reduce excess and obsolete inventory.
Created accounting reconciliations, reserves and reviews to meet company SOX requirements.
Developed monthly reporting structure for departments to focus on results against budget as well as issues specific to departments.
Led the conversion of the accounting system from project to standard cost.
TIMOTHY J. LARKIN
New England Confectionery Company, Inc. – Revere, MA (2008 – 2010)
CONTROLLER
Responsible for the accounting and financial functions of candy manufacturer with $86MM in annual sales in a turnaround situation. Managed a staff of 7. Specific accomplishments include:
Created a pricing model to allow marketing to control profitability, compare products under different situations and gain consistency in product pricing.
Created budget worksheets and process for the Company’s first annual operating plan developed by new management.
Created strategy and managed cash flow to maintain compliance with debt covenants.
Developed the return on investment methodology and worksheet for measuring capital projects.
Managed the defined benefit and 401(k) pension funds.
Riverside Millwork Co., Inc. – Penacook, NH (1998 – 2007)
CHIEF FINANCIAL OFFICER
Responsible for the accounting, information services and human resource functions for a multi-state manufacturer/distributor of housing construction products with annual sales of $44MM. Managed a staff of 8.
SIPEX Corporation – Billerica, MA (1996 – 1998)
CORPORATE CONTROLLER
Responsible for the accounting functions of a NASDAQ listed semiconductor manufacturing company with annual sales of $67MM. Managed a staff of 8.
Invensys plc (1991 – 1996)
CONTROLLER
Promoted twice, responsible for the financial and accounting functions for companies within a multi-billion dollar British conglomerate. Managed a staff of 8.
Lawyers Weekly Publications – Boston, MA (1988 – 1990)
VICE PRESIDENT OF FINANCE
Responsible for all financial and administrative matters for a multi-state publishing company with annual sales of $8MM. Managed a staff of 6.
Teradyne Connection Systems, Inc. – Nashua, NH (1980 – 1988)
COST ACCOUNTING MANAGER
Responsible for the standard cost, inventory and cost of sales valuation for the $60MM in annual sales high technology division of Teradyne Inc. Managed a staff of 2.
CONTRACT AND FINANCIAL ADMINISTRATOR
Responsible for product pricing data and all financial aspects of government contracts.
Norton Company - Worcester, MA (1977 – 1980)
DIVISIONAL FINANCIAL ANALYST
Responsible as the financial member of two product line management teams for a $40 MM division.
EDUCATION
MBA – Finance, Johnson School of Management, Cornell University 1977
BA – Economics/Accounting, College of the Holy Cross 1975 (Economics Honor Society)