Controller, Cost Accounting, CPA

James T. Ashton, CPA, MBA

Southern New Hampshire ******.***@*****.*** cell 603-***-****

Certified Public Accountant • Financial Controller • Accounting Manager

Business partner who is dynamic, flexible and team oriented Certified Public Accountant with extensive experience in all aspects of financial controls, forecasting, project management and administration. Working closely with executive management. Positively impacted the growth and success of each company been associated with through superior financial analysis, improving and instituting cost controls, improving cash flow and implementing efficient accounting and human resources practices. Recognized as a strong financial analyst API with strategic vision, solid analytical skills, and ability to see both the big picture as well as the fine details. Core competencies include:

Problem Solver

Financial Analysis

Forecasting

Cash Management

Budgeting

Cost Reduction

Contract Review and Negotiation

Technology Integration

Regulatory Compliance

Strong Team Building and Mentoring Skills

Career Experience

Degree Controls and NDT systems– Nashua, NH and Huntington Beach, CA 2021-Present

Divisions of Nova- Private equity

Multi Division Financial Controller

Supervised month end close process as well as various financial reporting elements.

Supervisor of seven employees: Four at Degree Controls and three at NDT Systems.

Reported monthly financial and key KPI’s to corporate.

Prepared/analyzed budget, including forecasting, variances and monthly reporting for multiple departments.

Work with various international departments from India and China managing PR and cash flow.

Implemented and conducted internal control and assessed its effectiveness within the COSO framework.

Maintained revenue recognition standards ASC 606 and costing accounting principles, practices and procedures to ensure FASB, GAAP and IFRS.

Vaupell Rapid Solutions – Hudson, NH 2020-2021

Division of Sumitomo Corporation.

Accounting Manager

Supervised month end close process as well as various financial reporting elements.

Supervisor of three employees: A/P, A/R, Order entry clerk.

Reported monthly financial and key KPI’s to corporate.

Maintained ASC 842 Lease accounting standards.

Prepared/analyzed budget, including forecasting, variances and monthly reporting for multiple departments.

Prepared comprehensive financial statements for the business while looking for ways eliminate unnecessary cost.

Implemented and conducted internal control and assessed its effectiveness within the COSO framework.

Maintained revenue recognition standards and costing accounting principles, practices and procedures to ensure FASB, GAAP, ASC 606.

C/A Design – Dover, NH 2017-2019

Division of Heico- Private equity

Financial Controller

Managed month end consolidation close process as well as various financial reporting elements.

Managed and maintained the complete accounting system for multiple locations.

Supervisor of six employees: A/P, Purchasing manager, Jr. accountant, P/R, HR and Cost accountant.

Reported monthly financial and key KPI’s to corporate by way of the BPC and SharePoint.

Prepared/analyzed budget, including forecasting, variances and monthly reporting for multiple departments.

Prepared comprehensive financial statements for the business while looking for ways to develop a more streamlined process.

Implemented and conducted internal control and assessed its effectiveness within the COSO framework.

Maintained revenue recognition standards and costing accounting principles, practices and procedures to ensure FASB, GAAP, ASC 606, and Sarbanes-Oxley compliance.

GT Advanced Technology 2012-2016

Public corporation (GTATQ)

Cost Accounting Manager

Accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. Constructed and monitored the cost-effective data accumulation systems needed to provide an appropriate level of costing information to management in accordance to GAAP. Prepared and maintained the cash flow program (Host Analytics).

Responsible for the companies deferred COGS analysis and supporting journal entries.

Prepared and analyzed budgets, which also involved forecasting, variances and monthly reporting.

Responsible for the companies return reserve analysis and supporting journal entries.

Preparing and filed forms 10-K and 10-Q.

Contribute in the development of policies and procedures to streamline the revenue accounting processes fulfillment, invoicing, and customer communication.

Performs inventory impairment schedule on a monthly basis.

Reconcile all asset accounts, both international and domestic, on a monthly basis according to IFRS standards.

Develop and maintain detailed cash forecasting, and management tools, that integrates with the financial plans to ensure that the business constantly has a clear understanding of its current and near-term cash position.

Assisted in the acquisition of an entity and generating the purchase accounting entries.

Coast and Harbor Associates Inc. – Lynnfield, MA 2009-2012

Privately held construction management company.

Controller – Reporting to the President

Responsible for financial management functions, including development and preparation of monthly financial statements, financial forecasts, and annual budgets.

Oversee general accounting functions, including AR/AP, account reconciliation, and cash management, as well as human resources and payroll functions

Reduced the company overhead rate from 1.49 to 1.08 making company more competitive.

Recognized revenue based on terms of contract from percent complete to firm fixed price.

Work closely with external auditors and taxing authorities to assure compliance and maximum tax savings.

Improved accounting system to be in compliance with federal acquisition register (FAR & DFARS).

BC Properties Inc. – Manchester, NH 1994-2009

Privately held full-service property management business.

CFO/Board Member

Prepared financial reports for partners including quarterly dividends reports.

Ensured compliance with covenants of agreements dealing with banking lines of credit and extended the agreements by actively working and communicating with the bankers

Strategically restructured financial reporting processes to accommodate various organizational changes, thereby allowing clear analysis of results and more effective business decisions.

Coordinated the purchase and sale of residential and commercial real estate.

Prepared quarterly 941 and yearly1065 and K-1’s.

David L. Connors & Co., PC Concord, New Hampshire 1987-1994

Privately held regional CPA firm.

Staff accountant

Prepared and filed federal, state and local income tax forms.

Lead and perform Financial Audits, Reviews and Compilation on various organizational types.

Analysis of tax and financial planning information. interpret relevant tax laws and ensure that tax returns are completed according to federal and state regulations.

Ensure that all financial and tax records and reports are adequately prepared for an audit.

Review financial information and create audit reports.

Education & Certification

Southern New hampshire University Manchester, New Hampshire

Master of Business Administration with a concentration on Accounting and Finance 3.96 GPA

Bachelor of Science in Accounting

CPA – NH License # 08582

Computer Skills

Operating systems: MAC OS, Windows.

Mrp / Erp Systems: SAP, SAP Business One, Oracle NetSuite, MRP, QuickBooks, ClearView ERP, Paradigm MRP, Data 3, Timberline, Yardi Classic, Visual Manufacturing, Epicor, E2 MRP Software, Acumatica, DBA, Macola.

Financial Programs: BPC, Lotus Notes, Host Analytics, Hyperion, Sage fixed assets, Crystal Reports, ADP Pay Expert, Paychex Payroll, Salesforce, and Shopify.

Business related programs: MS Office, SharePoint, Excel, Word.

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