JAMIESON SMITH

561-***-**** Glen Ellyn, Il.

ad2khk@r.postjobfree.com

SUMMARY & PROFILE

Senior Finance Manager– Accounting Executive with 20 years of experience managing both finance and accounting teams in retail grocery and manufacturing. My experience included responsibility for general ledger accounting, audit, financial reporting, budgeting, forecasting, long-range planning, and business process development along with extensive cost accounting supervision and maintenance. Both Whole Foods and Josephs Classic Market were start up’s in the early stages of their business development and I was the lead developing, and implementing process and procedures that included accounting, audit, store performance. After those two businesses’ I moved into manufacturing and cost accounting and management using Netsuite and Microsoft Business Dynamics.

PROFESSIONAL EXPERIENCE

Ellis Corporation October 2022 to April 2023

Senior Staff Accountant

Period Close review and journals posted to map labor to activities and departments for all payroll entries for 150 employees. Reconciliation for AP entries back serval years to map to the duration and schedule of the service provided. Required contract comparisons. Audit oversight for older transaction going back several years. Thorough balance sheet reviews for AP and accruals. Cost accounting consulting to make sure the items and BOM reflected that.

Florida’s Naturals March 2022 to October 2022

Senior Oracle Finance Manager of a new ERP App being developed specifically for Florida’s Naturals. Responsible for unit standard costing for thousands of items in the blends. Focused on standard costing for a complicated valuation process for a unit of measure which varies based on composition and sugar content. Gallon and orange sugar Brix. Development support for a unique structural model requiring multiple units of measure valuations. Participated in period closing to make sure the new standard costing was accurate and correct. Forecasting and budgeting for standard cost going forward out several months. Had to cut my contract short due to family illness.

LiveXLive

Controller & FP&A Manager- for Custom Personalization Solutions in Addison, Il Feb. 2021 to Sept. 2021.

Facilitated the transition to being a Publicly Traded Company – Supported an extensive audit for financial disclosures.. Job description changed from to being an auditor correcting accounting entries going back years as a Privately hold business entity. Performed accounting, cost accounting using standard cost and variance analytics for inventory valuation. Along with and Financial Management for current transactions.

Custom Personalization Solutions needed a technical CPA to address accounting AR and balance sheet issues going back to being a privately held company prior to it’s acquisition by LiveXLive in December 2020 and my hiring in February 2021. CPA was hired to complete technical balance compliance for prior 8 years.

Power Stop Performance Brakes

Controller & Finance Manager

February 2018 – November 2020

Lead Technical Controller for ERP Implementation of Microsoft NAV in a manufacturing environment.

Responsible for Standard Costing P&L for remanufactured calipers.

Responsible for standard cost to actual periodic reconciliation and variance analysis

Responsible for stand cost materials, labor and overhead updates entered into NAV

Maintain accurate inventory through annual and cycle counts for $10M worth of product. Warehouse is 200,000 square feet racked to 7 levels of pallets containing thousands of parts for brake WIP & Finished Goods components.

FP&A period closing support for a $200M leader in the aftermarket for replacement high quality brakes. Responsible for $100M of annual accounts payable most of which was supply acquired from China, shipped to Chicago using best of breed shipping consultation/brokers in bound and out bound.

Josephs Classic Market – Palm Beach County Florida

Finance & Accounting Manager

Feb 2015 to Jan 2018

Responsible for all financials, accounting, taxes, banking, planning, forecasting, cost management, pricing, data maintenance, store operations, HR, and IT for a 3-location grocery, kitchen, and bakery business employing 120 people.

Partner and co-operator with owner and CEO.

Coordinated and lead monthly inventory for 5 entities with 8 departments and thousands of products. Responsible to stay on top of slow movers and perishable items. Actively managed a weekly purchasing budget.

Initiated and implemented scan electronic inventory counts for the entire business.

Moved payroll processing in-house and saved $100,000 annually.

Introduced weekly purchase budgets and saved 1% in spoilage or $200,000 annually.

Tighter labor control implemented with budgets saving $200,000 annually.

Implemented more efficient AP process using “bill.com” freeing up $100,000 in cash.

Improved margins due to sku rationalization reducing $100,000 dollars in inventory.

Tighter receiving process reducing errors in payments.

Lead a team of 10 accountants, a controller, an HR Director, and a data team.

Financial management for a large retail and wholesale kitchen and bakery.

Participated in store operations to achieve better merchandising, purchasing quality standards.

DeSantana Stone LLC – Asheville North Carolina

General Manager / Owner

Oct 2012 to Sep 2014

Responsible for business development for a National Architectural Stone Company.

Marketing, trade show representation, and sales.

Prepared all client quotes, and managed supply chain, accounting, and all administration.

Quadrupled number of job quotes year to year.

Sold the business in 2014.

Whole Foods Market – Ft. Lauderdale Florida

Regional Finance Director for a $600 million dollar business – Accounting, FP&A

Feb 2000 to Aug 2012

Defined, developed and implemented all business process and procedures for a startup region.

Performed preparation for all income statements and balance sheets. Performed all FP&A tasks including planning, forecasting, and budgeting monthly performance analytics comparing sales, margin, and labor to a set of benchmarks at a product category level for which each store had a minimum of 18 departments per store. This information was reviewed directly with each store’s management team in a monthly leadership all-hands regional meeting. Category sales, margin and labor was reported directly to the department managers and explained on site routinely. This included restaurant venues in every store plus a regional kitchen and bakery.

Provided analytics training and support quarterly in training sessions inside each store to develop better understanding of the financials, their importance, and how they could be managed better by the operators.

Supervised and participated in periodic 28-day inventory counts for 18 business units that included over $20M in inventory. Directed purchasing to make smart data driven purchases based on demand at a sku level for 50,000 items per store. Forecasted buying budgets at a department level by week for 18 sub-departments for each store. Drove monthly perishable shrink loss down by $500,000 a month.

Developed and presented to corporate executive leadership high level performance and plans.

Responsible for accounting leadership, supervision, capital approval, large discretionary expenditures. Ledger oversight and review performed by 12 directs (4 Managers) and 40 store AP and cash accountants.

Provided full construction accounting and budgeting for all new stores and remodels. This covered $100M of annual spending and required detailed accounting entries for each asset put into service along with all GC billings.

Responsible for all regional accounting transactions including all assets. Led period, quarter and full year closing reconciliations, journals, g/l and balance sheet integrity and accuracy, SOX, GAAP and Ernst & Young audit readiness.

Led design and implementation of regional accounting process, planning, receiving, and AP. Developed and provided in-store training for financial performance and procedures. Developed and implemented a breakthrough review and approval procedure for all store expense AP which was adopted by all regions.

Supported 18 stores, a 100,000 sq. foot distribution center, regional bakery, corporate HQ, $600M sales, 2,400 employees.

Performed ROI analysis and review for every prospective new store. 8 to 10 prospective new stores a year.

Performed similar M&A analytics for a large acquisition to determine the impact to the region.

Drove income improvement in margin, spoilage, labor, and overhead that exceeded $45M annually. Drove achievement of global recognition for business performance 3 years consecutively.

IBM – Florida, New York, California

Senior Staff Budget Analyst, FP&A, R&D analyst for product investment. Software BU Controller

Jul 1984 to Feb 2000

Hired as an analyst in an MBA Graduate “Fast Track” Program. Contributed to Divisional budgeting and planning performed for the newly created ‘Personal Computer’ division. The region generated over $5B in sales. Identified as a high potential executive candidate for IBM’s development track.

Started in manufacturing finance planning production and supply chain optimization.

Hardware Investment Analyst for products designed for the manufacturing floor and POS terminals for retail. Investment and Pricing Analyst for PC Monitors developed in Japan for the international market. Participated and recommended investments in technology or advised of risks which resulted in reduced or abandoned programs.

Software business unit Controller in Mountain View, CA responsible for budgeting, planning, business modeling for a multimedia family of programs targeted at the film industry for image archival and story board creation. Prepared R&D investment analysis cases to support money spent on development.

Software business support provided to an advanced Speech Recognition venture supported by labs in Florida, Vienna Austria, and Yorktown Research NY. This investment was focused on developing speech to be embedded in a large variety of devices from automobiles to cell phones. Budgeting and business modeling support provided to the business unit.

EDUCATION

University of Virginia Darden School of Business

MBA “Honors Award”

Major in Financial Management, Investment Banking/M&A Analytics, Marketing

University of Delhi

BA - honors History, Philosophy, and Languages

Technical Skills:

Strong GAAP knowledge, Investment and performance analyst, leadership and communication skills. Thorough experience at all levels of business, within all functional areas. Software skills in SAP, Oracle, Hyperion / Essbase, SAP/BP, SQL, PeopleSoft, Quick Books, Microsoft Office, Microsoft 365 Business Central ERP.

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