Controller/ CFO Consultant

STEPHEN MICHAEL ROENSCH

****************@*****.*** 979-***-**** Albuquerque, NM 87107

ACCOUNTING & FINANCE EXECUTIVE

CORPORATE/FINANCIAL CONTROLLER FORECASTING/ STRATEGIC PLANNING ROI OPTIMIZATION Certified Public Accountant offering a proven track record in delivering outstanding accounting and financial leadership, steering the development, management and maintenance of internal controls, processes and governance of regulatory compliance including adherence to GAAP, IFRS and SOX standards. Proven track record in formulating strategies to enhance efficiencies and ensure compliance with regulatory requirements. Demonstrated skills in redefining and reorganizing financial and accounting structures and streamlining processes, optimizing efficiency and accuracy in reporting. Recognized for building, training and managing teams while cultivating positive, professional and productive relationships with executive leadership, key stakeholders and partners. Consistently delivers high standards of corporate finance and accounting management, aligning processes, structures and systems with organizations vision and objectives, together with delivering enhanced cost efficiency and the strategies to support and sustain profitable growth.

CORE COMPETENCIES

Accounting/Finance Operations

P&L Accountability

Financial Modeling

Risk Analysis /Management

Financial Strategy

Internal Controls

ERP Implementation

Financial Reporting

Audit Management

Stakeholder Relations

GAAP /IFRS/SOX Reporting

Financial Reporting

Team Leadership

Training & Development

Process Improvement

PROFESSIONAL EXPERIENCE

INDEPENDENT ACCOUNTING CONSULTANT, HOUSTON, TX

SEP 2017 – PRESENT

Providing consulting services related to financial statement preparations and other financial and accounting related items for small businesses.

MARQUARD & BAHLS, HOUSTON, TX

SEP 2016 – AUG 2017

A multibillion-dollar international trading and supply chain company. CONTROLLER

Played a key role as controller within the Houston operations of this global company, delivering accounting oversight of $72M in revenue. Efficiently managed accounting processes and procedures to drive increased efficiencies through the refinement, development and establishment of robust internal controls.

Designed meaningful financial statements to management to better track the financial situation, including the first budgeting and cost tracking tool and working capital forecasting.

Review accounting policies, recognized deficiencies and implemented improvements.

Inventory management improvements – reviewed for obsolescence, physical inventory procedure and purchasing policy.

Conducted detailed review of accounting policies, identified deficiencies and defined/implemented improvements.

Worked closely with external auditors during annual year-end audit including adjusting financials from GAAP to IFRS, preparation of impairment analysis in both GAAP and IFRS and drafting the notes to the financial statements.

Implemented excel tool to track cost savings required based on a review by the Boston Consulting Group. SOLVAY, HOUSTON, TX

SEP 2013 – SEP 2016

A multibillion-dollar global chemical manufacturing company. NAFTA ZONE/BUSINESS/PLANT CONTROLLER

Within one year was promoted from the position as the HF NAFTA business controller overseeing $250M in revenue to a NAFTA zone controller overseeing $500M in revenues and manager of six direct and indirect accounting staff members. Held responsibility for the oversight of accounting functions, managing revenues for the North American financial operations that included 5 production facilities and commercial activities in Houston, TX and Cranbury, NJ.

Collaborated on the successful implementation of SAP ERP system at Juarez, MX facility by resolving issues in material setup, cost center setup, and correcting issues with the material production costing. Also, validating costing to contractual agreements with suppliers.

Conducted detailed review of plant structure for all manufacturing facilities and drove optimization of cost allocations to products which gave greater clarity to business management on product profitability.

Provided detailed reports and analysis together with proactively engaging in company forecasts, budgets and product profitability reviews. Was instrumental in reducing slow moving inventory by 10%.

Implemented new standard reports to be compliant with GBU governance to better understand and control costs for excellence program benefits.

STEPHEN ROENSCH PAGE TWO

Significantly improved fixed costs reporting resulting in a 2% cost reduction and transferred reporting from a gross margin approach to a contribution margin approach enabling a clearer understanding and improved cost control for excellence program.

CAMERON, HOUSTON, TX

OCT 2012 – SEP 2013

Worldwide provider of flow equipment products, systems and services to oil, gas and process industries. PLANT CONTROLLER

Led control functions for this plant generating annual revenue of $54M and oversaw one financial analyst, steering accounting, internal control and analytical support for the plant. Proactively engaged in month-end closing process including journal entries, variance reporting, forecasting, budgeting and analysis.

Amended the 2013 plant budget when unexpected adverse economic business changes occurred.

Selected by the VP of Operations as 1 of 6 management team members to restructure the facility from a manufacturing plant to an assembly plant.

Implemented and managed controls to meet or exceed standards for regulatory compliance including SOX.

Created and presented monthly business review to senior divisional management. CHEVRON PHILLIPS CHEMICAL COMPANY LLC, THE WOODLANDS, TX JUN 2007 – SEP 2012

One of the world’s top producers of petrochemical products. MANUFACTURING COST ANALYST (2010 – 2012)

Accurately and efficiently performed monthly financial close duties for Olefins and NAP/PAO plants, including conducting project analysis and accruals, and producing monthly manufacturing cost statements.

Analyzed complex statistical data pertaining to operating units, and reviewed cost center expenses, identifying and rapidly resolving discrepancies.

Produced monthly forecasts and presented to senior management. NGL FINANCIAL ANALYST (2008 – 2010)

Prepared the monthly forecasted income statement, balance sheet, statement of cash flows, and working capital for the Natural Gas Liquids (NGL) product line.

Applied astute analytical skills to perform variance analysis between budgeted, forecasted, and actual results for revenue and costs for feedstock pipelines (both regulated and unregulated) and the NGL fractionator.

Reported to SBU finance manager providing research, analysis, reporting and recommendations pertaining to financial health.

Created an excel template that better tracked the monthly purchases and sales of feedstocks which provided sufficient support to pass SOX audits.

ACCOUNTING ROTATIONAL PROGRAM PARTICIPANT (2007 – 2008)

Conducted detailed review across multiple financial areas including Financial Analysis, Audit, Accounts Payable Shared Financial Services and Plant Accounting.

Developed a macro-based decisional excel database as a tool to use in conjunction with the capitalization of fixed assets policy, which was then adopted as a best practice company-wide. SHILSON, GOLDBERG, CHEUNG AND ASSOCIATES, LLP, HOUSTON, TX JUN 2005

– MAY 2007

SENIOR STAFF ACCOUNTANT

Accounting firm providing Assurance and Taxation services.

Compiled, reviewed, and/or audited the financial statements for our clients.

Trained new employees and delegated projects.

EDUCATION

UNIVERSITY OF HOUSTON, Houston, TX

Bachelor of Business Administration

Major: Accounting; Minor: International Area Studies – Latin America PROFESSIONAL CERTIFICATION & LICENSURE

Certified Public Accountant (CPA), Licensed by the State of Texas; Member of AICPA and IMTA OTHER KEY INFORMATION

Computer Technology: SAP; Microsoft Dynamics; Salesforce; Business Warehouse; SharePoint; QuickBooks; Peachtree; Hyperion; STEPHEN ROENSCH PAGE TWO

Microsoft Office (Excel, Word, PowerPoint); VB Script

Contact this candidate