Michael Cook, CPA

** ******* ***

Staunton, VA **401

C: 912-***-****

ad2zwt@r.postjobfree.com

EXECUTIVE SUMMARY

Finance Professional with Big 4, Public, Private Equity, Government, Logistics and Manufacturing Experience. A diversified industry leader in financial operations for both large and small companies with a proven track record of achieving cost reductions, streamlining financial reporting and in developing budgets and strategic plans.

Lawrence Companies, Inc. – Roanoke, VA 2022 – Jan 2024

100% ESOP Company with 8 Divisions and 120 Million in Sales

Logistics Company.

CFO

Worked on team to improve EBITDA by $2 million in a down economy for the logistics industry

Consolidated Financials for 8 divisions

Involved in Strategic Planning of the Lawrence Companies, Inc. for the five-year plan

Made monthly presentations to CEO, COO, and President

Focused on Continuous Improvement within the divisions and the accounting department to utilize best practices and streamline workflow

Worked with team to develop Cash Flow Forecasting Model to accurately depict our future cash position

Responsible for making sure ASC 606 and ASC 842 were applied

Involved in the renewing of the $6 million credit line in a challenging economy

Involved in the development of $10 million capital budget

Evaluate potential asset acquisitions using payback cash flow techniques

Worked with the team on short- and long-term company goals

Prepared and implemented challenging budgets

Analyzed and prepared recommendations as part of the executive team

Supervised Accounting functions of the 8 divisions with 2 Direct reports and 11 Indirect Reports which includes the billing department

Prepared variance analysis reports

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules

Assisted with the audits of the external audit team

Key Accomplishments

Worked on team to improve EBITDA by $2 million in a down economy for the logistics industry

Developed more detailed financial statements for each division in order to provide more granular reports for the division leads.

Worked with team to reduce monthly financial closing from 15 to 6 Days

Worked with divisions to develop new budgeting and financial forecasting models

Responsible for the tracking of $88M in Assets

Bowman-Andros – Mt. Jackson, VA 2021 – 2022

Reason for Leaving: Career Advancement, Higher Salary and Larger Bonus Potential

Family-owned food Manufacturing company with 4 Billion in Sales Worldwide and more than 30 Plants Worldwide

of which Mt. Jackson facility accounts for 200 Million in Sales

Food Manufacturer.

Interim CFO/Corporate Controller

Part of the plant turnaround team responsible for $4 million improvement in EBITDA

Experienced in Lean Manufacturing

Consolidated Financials for 3 plants I am responsible for

Involved in Strategic Planning of the Mt. Jackson Facility for the five-year plan

Made monthly presentations to CEO, COO, and Vice President of Manufacturing

Responsible for making sure ASC 606 and ASC 842 were applied

Focused on Continuous Improvement within the plant and the accounting department to utilize best practices and streamline workflow

Involved in the Construction Tracking of a $50M Building

Provide weekly forecasts to Plant Managers and corporate for Sales and EBITDA forecasts

Evaluate potential asset acquisitions using payback cash flow techniques

Costed raw materials, work-in-process, and finished goods inventory for Mt. Jackson, VA facility

Supervised inventory, inventory controls and recording of over $20 million in inventory

Led SOX compliance and controls of the 3 plants of which I was responsible

Member of the steering committee responsible for setting short- and long-term plant goals

Prepared and implemented challenging budgets

Analyzed and prepared recommendations as part of the executive team

Supervised Accounting functions of the 3 plants with 3 Direct reports and 6 Indirect Reports

Prepared variance analysis reports

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules

Assisted with the audits of both the internal and external audit teams

Key Accomplishments

Part of the plant turnaround team responsible for $4 million improvement in EBITDA

Improved Closing from 10 to 5 Days

Worked with plant to develop new budgeting and financial forecasting model

Worked with other plants to improve their processes and control measures

Responsible for the tracking of $60M in Assets

Plethora Corporation – Marietta, GA 2019 – 2020

Reason for Leaving: Closed due to Covid

Private Equity Owned Tech Company with $70 Million in Sales with 2 sites

High Tech Manufacturer of Machined Parts.

Vice President of Finance /Corporate Controller

Reported to the President and the Board of Directors

Prepared cash flow forecasts and maintain liquidity ratios

Supervised Corporate Shared Services at the Marietta, GA facility

Made monthly presentations to President, and the Board of Directors

Focused on Continuous Improvement within the facilities including the accounting and finance functions to utilize best practices and streamline workflow

Worked with team to develop Cash Flow Forecast Model

Consolidated Financials

Provided weekly forecasts to Plant Managers and President for Sales and EBITDA forecasts

Evaluated potential asset acquisitions using payback cash flow techniques

Supervised inventory, inventory controls and recording of over $20 million in inventory

Member of the executive team responsible for setting short- and long-term company goals

Prepared and implemented challenging budget

Analyzed and prepared recommendations as part of the executive team

Supervised Plethora Accounting functions and 3 direct reports

Prepared variance analysis reports

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules for external auditors

Responsible for assisting with the audits of both the internal and external audit teams

Key Accomplishments

Developed Forecasting Model to more accurately predict monthly EBITDA and Net Income

Sage 100 Implementation

Managed Risk

Developed Cash Flow Model to more accurately forecast expected receipts and outflows of cash

Mauser Packaging - Homerville, GA 2013 – 2019

Private Equity Owned with $4 Billion in Sales with 11 Metal Plants, 23 Plastic Plants in the US, and Container Plants

Reason for Leaving: Career Advancement, Higher Salary and Larger Bonus Potential

Manufacturers of rigid metal and plastic packaging containers.

Regional Controller

Part of the team responsible for the financial success of the number one can making plant within the corporation with over $361 million in revenues, and $103 million in EBITDA

Experienced in Lean Manufacturing

Consolidated Financials for 4 plants I was responsible for

Performed Financial Review of four plants, Trenton, NJ, York, PA, Memphis, TN, and the Homerville, GA facility

Involved in Strategic Planning of the Homerville Facility for the five-year plan

Made monthly presentations to CEO, COO, and Vice President of Manufacturing

Focused on Continuous Improvement within the plant and the accounting department to utilize best practices and streamline workflow

Provided weekly forecasts to Plant Managers and corporate for Sales and EBITDA forecasts

Evaluated potential asset acquisitions using payback cash flow techniques

Costed raw materials, work-in-process, and finished goods inventory for Homerville, GA facility

Supervised inventory, inventory controls and recording of over $60 million in inventory

Led SOX compliance and controls of the 4 plants of which I was responsible

Member of the executive team responsible for setting short- and long-term plant goals

Prepared and implemented challenging budgets

Analyzed and prepared recommendations as part of the executive team

Supervised Accounting functions of the 4 plants with 7 Direct reports and 2 Indirect Reports

Prepared variance analysis reports

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules

Assisted with the audits of both the internal and external audit teams

Key Accomplishments

Prepared Financial Analysis that provided $2 million in savings and less than a year payback for a new printing process for our metal

Team recognized as 2016 Plant of the year out of 11 metal plants

Developed Model to more accurately provide weekly forecasts to Plant Managers and corporate for Sales and EBITDA forecasts

Worked with plant to develop new budgeting model

Worked with other plants to improve their processes and control measures

Successfully worked on pricing model to obtain substantial government contracts

Responsible for the tracking of $20M in Assets

Gerdau - Beaumont, TX 2010 – 2013

Reason for Leaving: Personal Reasons: House was burglarized, and spouse didn’t feel safe in the city anymore.

Publicly Traded with $11.6 Billion in Sales with 10 US Mills, 3 Mills in Canada, and multiple locations in other Countries

Steel Billet and Wire Rod Manufacturer

Controller II

Achieved financial goals of a steel manufacturing plants with over $600 million in revenues, and $78 million in EBITDA in a down housing market by providing timely information and working with operations on cost cutting measures

Part of EBITDA project team in effort to increase EBITDA

Experienced in Lean Manufacturing

Financially responsible for two facilities

Transition Coordinator of SAP Implementation

Change Management Agent for SAP

Supervised inventory, inventory controls and recording of over $97 million in inventory

Led SOX compliance and controls of the 2 plants of which I was responsible

Member of the executive team responsible for setting short- and long-term plant goals

Prepared and implemented challenging budgets

Analyzed and prepared recommendations for executive team

Supervised the Accounting functions of the Beaumont, TX facility

Supervised the collection of over $44 million in receivables

Prepared variance analysis reports

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules

Assisted the audit firm with the audit

Key Accomplishments

Collaborated with the team to increase EBITDA from 2.9% in 2010 on $305 million in sales to 10.9% in 2011 on $350 million in sales

Increased controls to prevent manual purchase orders and control spending

Coordinated successful integration and implementation of SAP for the Beaumont Mill

Masonite International Corporation - Stanley, VA 2007 – 2010

Reason for Leaving: Moved Controllers out of plant and to Corporate Centers out of area

Publicly Traded with $2.2 Billion in Sales with 23 Manufacturing Facilities in the US and Canada

Wooden Door Manufacturer

Plant Controller

Key Accomplishments

Performed due diligence in Plant Acquisition in Denmark, South Carolina

Increased EBITDA from 11.4% in 2007 on $78 million in sales to over 13.9% in 2008 on $72 million in sales in a down housing market

In 2008, the Stanley Plant was recognized as the benchmark facility in the Interior Door Division out of the eleven Interior Door Plants

Achieved 5 out of 6 financial goals in 6 cost categories in 2008

Exceeded 6 out of 6 financial goals in 6 cost categories in 2009

Reduced monthly closings from 5 to 3 days while eliminating one overhead position

Passed 20 out of 20 of the Self-Certification Evidences of Internal Controls for SOX Audit in 2010.

Obrist Americas, Inc (Formerly Crown, Cork, & Seal) - Richmond, VA 2002 – 2007

Reason for Leaving: Moved Controllers out of plant and to Corporate Centers out of area

Inject Molding Plastic Cap Manufacturer

Plant Controller

Key Accomplishments

Responsible for successful implementation of SAP System

Able to manage Accounts Receivable to reduce past dues from over 40% to just over 5%

Able to reduce monthly closings from 5 days to 4 days

Able to maintain 15% EBITDA 4 straight years

Shenandoah Engineering Services, Inc - Harrisonburg, VA 1997 – 2002

Reason for Leaving: Business Closed

Consulting Engineers

Business Operations Director/Controller

Key Accomplishments

Responsible for finance agreements, dealing with vendors, contracts, and treasury management

Member of the executive team

Prepared operating budgets for 7 different cost centers

Developed job costing system

Designed system for recording and recognizing deferred revenues

Analyzed and prepared recommendations for managers

Supervised Accounts Receivable, Accounts Payable, Human Resources, and Receptionist

Evaluated potential asset acquisitions using ROI and NPV cash flow techniques

Prepared payroll and payroll taxes

Prepared daily and monthly financial & operating reports

Prepared monthly and year end work papers and supporting schedules

Deloitte - Richmond, VA 1995 – 1997

Reason for Leaving: Wanted to concentrate on improving a business and reduce travel

Big Four Accounting Firm

Public Accountant Auditor

Key Accomplishments

Provided accounting services, financial consultation, and tax preparation

Prepared monthly and yearly operating & financial reports and statements

Performed various audits

EDUCATION

James Madison University - Harrisonburg, VA

Master of Business Administration 1995

Bachelor of Business Administration – Accounting 1994

Graduated Cum Laude, President’s List

Beta Alpha Psi (national accounting honor fraternity)

Beta Gamma Sigma (national business honor fraternity)

Golden Key National Honor Society

MILITARY SERVICE

United States Army – Fort Rucker, AL 1987 – 1991

Finance Specialist

Developed standard operating procedures for the position

Performed varied accounting operations

Prepared reports of financial activity pertaining to pay, leave, travel, and personal finance records of military personnel

Army Commendation Medal, Army Achievement Medal

Good Conduct Medal

TECHNICAL SUMMARY

Two SAP Implementations, Microsoft Dynamics, J.D. Edwards, Sage 100, S2K, FCRS, Lawson, Mayer, OE, Hyperion, Report Writer’s, Great Plains, FRX Reporting, Symphony, Peach Tree, Quickbooks, Windows, Microsoft Word for Windows, PowerPoint, Access, Excel, and familiar with IFRS

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