Nicholas S. Eidem, M.B.A
*** ******** *** ***. 4-814-***-****
Johnstown, PA 15905 **********@*****.***
Work Experience:
Toma Metals, Inc. June 2015-Present
Finance Manager and Sales Representative
Revamped Financial Management: Instituted new financial analysis models to forecast and plan monthly operations and identify trends
Vital role in repackaging Toma Metals and propelling company back into profitability status (Achieved through cost reduction procedures and process improvements)
Instrumental in drafting new business model with $900k/annum anticipated overhead reductions
Reduced Maintenance Expenditures: 15% improvement through oversight
Formulated New Process Efficiencies: 22% foundry production boost
Doubled inventory gain measures; $275k/annum profit increase
Contributed $2.9M Lifetime “New Business” Sales: Added $609k gross profit
Forecast and analyze monthly budgets to plan day to day business operations
Establish monthly sales and profit margin goals
Actively manage 6.5 million pound inventory to ensure turns goals are achieved
Leader of management team that oversees the production of a 40 employee manufacturing plant
Directly responsible for over 50% of annual sales and new business development Toma Metals, Inc. 2012-2015
Credit Manager
Improved credit and collections process and procedures resulting in a days sales outstanding (DSO) reduction, 48 days to 38 (21%)
Streamlined the A/R Process: automated reporting tools (Weekly reporting converted to real time)
Reset Status Quo: Collected $800k outstanding debt from 2nd largest customer; reduced collection time from 120+ to 60 days
Instituted Cash Flow Forecasting and Analysis Model Education:
Indiana University of Pennsylvania-Indiana, Pa 2014-2015
Master of Business Administration
GPA 4.0, Top of Class, Summa Cum Laude
University of Pittsburgh at Johnstown-Johnstown, PA 2008-2012
Bachelor of Arts in Business Concentration: Accounting
QPA 3.6