BILL HOFFMANN

*** ***** ***** ***, ********, SC *9334

CELL 864-***-****

E-MAIL: ad30jp@r.postjobfree.com

SUMMARY OF QUALIFICATIONS

Controller for a manufacturing company with a strong background in manufacturing cost accounting. Comprehensive hands on experience with analytical, planning, organization, communications and conceptual abilities. Results-driven, practical and creative with proven ability to solve difficult business problems. Consistently obtained high performance through active and cohesive team building. Experience includes:

Manage all aspects of financial and accounting activities (GL, AP, AR, Billings, Credit and IT)

Strategic planning, forecasts, and budgets.

Cost accounting.

Business and manufacturing analysis and cost control.

SAP/ERP general ledger implementation, maintenance and use.

PROFESSIONAL EMPLOYMENT

Bondtex, Inc 2017-Present

Controller

Direct day-to-day accounting and financial operations in support of one (1) manufacturing site. Actively involved in company ME close and annual budget process. BS and P&L responsibility with monthly detailed variance analysis. Support all external audit activities. Took over the HR Managers role to lead all aspects of human resources internally, iSolve payroll system maintenance, 401K oversite and the implementation of written procedures in HR. IT lead for three (3) outside IT companies to purchase equipment, software updates/improvements of key business systems to ensure and maintain the servers/network. Developed a system of internal controls and procedures for accounting department to help us better control and protect the company’s assets. Updated current close process to streamline procedures reducing the close process to 5 business days’ vs. older 15 – 20 day cycle. Developed a monthly close calendar that increases support for monthly closings and sets expectations. Initiated better sales and business unit reporting with goal of consolidating the information into a more useful format for management. Transitioned to new payroll system with annual savings of ~$100K/yr. Constantly looking for other cost savings initiatives by working with management/supervisors. Currently have five (5) direct reports and have initiated a mentoring process to upgrade and enhance their professional development.

Martex Fiber Southern Corporation 2013-2017

Operations Controller

Direct day-to-day accounting and financial operations in support of four (4) manufacturing sites. Actively involved in company ME close and annual budget process. Lead all aspects of monthly manual inventory costing with goal to implement standard costing in ERP system. Developed inventory roll forward analysis to analyze inventory trends and detect errors/issues allowing for better understanding and consistency between plants. Developed divisional sales and purchasing spreadsheets/analysis for management where none existed before, allowing for better understanding of trends and cost pressures on the business. BS and P&L responsibility with monthly detailed variance analysis. Support all external audit activities. Streamlined and implemented monthly plant accounting processes and procedures resulting in increased workflow and analysis. Developed inventory cost reporting by product family and plant for company management allowing for analysis of product margins. Part of team to implement new chart of accounts and rolled into current ERP system two new plant acquisitions. Implemented scanner technology project at three facilities to streamline workflow of RM receipts, production scheduling, production reporting and shipments to customers. Supervise activity of three employees.

Guardian Building Products Fiberglass Division 2012-2013

Plant Controller/Cost Accounting Manager

Direct day-to-day accounting and financial operations in support of two (2) manufacturing sites. Actively involved in company ME close and annual budget process. Developed new budget process and spreadsheet allowing for better understanding and consistency between plants. BS and P&L responsibility with monthly detailed variance analysis. Development of plant specific “cost out” initiatives and weekly KPI tracking. Streamlined and implemented monthly plant accounting processes and procedures resulting in increased workflow and analysis. Developed and implemented cost reporting by product family and plant for company management. Quarterly FG inventory valuation using newly develop cost study and detailed analysis.

Revenew International, LLC, Houston, TX 2011

Sr. Contract Compliance Auditor – Independent Contractor

Responsible for field auditing large contracts for contract compliance. Manage customer /supplier audits. Evaluation and verification of the accuracy and propriety of the suppliers’ controls, policies and systems through inspection of the account books, transaction records and operational logs as it pertains to the contract(s). Understanding of contracts and the process around compliance to standards in the SOW.

Polydeck Screen Corp, Spartanburg, SC 2003-2011

Controller

Direct day-to-day accounting and financial operations in support of Polydeck’s management team. Developed accounting system to help improve VAM’s capabilities and use throughout the organization. Initiated a ME close process and company first ever operating budget process. Created and maintain operations weekly manufacturing reporting package. Cleaned up system database to allow for proper inventory control, consignment management and reporting. Coordinate IT support of company network and all computer systems. Developed and mentored a growing accounting team, using a team approach, to continually improve department’s knowledge and efficiency to provide comprehensive support throughout the company.

Sealed Air Corp, Duncan, SC 2002-2003

NA SAP Rollout Team Financial Process Analyst

Responsible for training and financial process support of Sealed Air’s Global SAP model to various NA rollout sites. Participated on global financial process team to enhance SAP’s reporting package, develop training, and enhance go-live support for local sites. Worked closely with local sites financial and accounting groups identify local financial reports, accounting practices and procedures to ensure smooth transition and roll-out of the SAP model.

KoSa, Charlotte, NC 2000-2002

NA Intermediates & Polymer Senior Business Analyst

Support the US Business portfolio ($500MM/yr in sales) with performance reporting, analysis, forecasting, project justification and all decision-making financial support. Participate in identifying critical risk and opportunities associated with business strategy development, planning and implementation. Identified and created sound business strategies to achieve targeted business unit goals.

Identified customer-billing errors resulting in $145M increase of revenue and eliminated failed business practice.

Implemented changes to internal transfer pricing formula resulting in increased business unit revenue and raw material margins. Proved actual raw material costs 2¢/lb higher then calculated formula. This change favorably influenced business unit revenue $600M annually.

Created monthly business financial reports / presentations to allow for the comparative analysis of the business’s performance by asset and plant.

KoSa, Spartanburg, SC 1998-2000

Supervisor Financial Accounting

Responsible for monthly reporting and analysis of four business units at the plant level for all facets of the SAP general ledger. Attend monthly staff meeting to present mfg. cost data for two plants. Lead plant contact for ABC costing analysis of Staple business unit. Supervised activity of plant raw materials clerk.

Demonstrated and reconciled allocation errors by outside toller resulting in $400M annual savings.

Developed and presented $90MM manufacturing budgets for two operating facilities.

Built team to analyze customer claim of $1.5MM raw material billing error. Compiled data required that convinced both companies that there was no such error.

Aided in ABC action plan resulting in significant gross margin improvement in commodity business through pricing and cost reductions in manufacturing. Annual savings projected of $8.6MM

Increased raw material clerk’s productivity and data analysis ability through teamwork and mentoring. This reduced clerk overtime in half and saved department $5M/yr.

Recognized for excellence by Business Unit / Plant Staff for problem solving and structuring manufacturing cost data into usable variances and trends by asset.

Hoechst Celanese–Film/Fibers Group, Spartanburg, SC 1996-1998

Senior Cost Accountant

Developed and implemented updated cost reporting for plant manufacturing staff, which included budget to actual variance analysis. Streamlined and implemented monthly accounting processes and procedures resulting in increased workflow and analysis. Quarterly FG and WIP inventory valuation. Supervised activity of two employees (fixed asset analyst, raw materials accounting clerk).

Identified excess overtime trends resulting in supervision process changes and savings of $175M in added manufacturing costs.

Responsible for coordinating $95MM annual facility budgeting process, reporting, analysis and presentation.

Hoechst Celanese, Research Group, Summit, NJ 1993-1996

Senior Accountant

Maintained Ross general ledger package and designed reports. Developed monthly operations reporting package for Senior management. Streamlined monthly closing procedures that achieved a one (1) day reduction in the closing process. Conducted variance analysis for cost center managers and project leaders. Mentored the development of new accountant.

Defined automated budgeting system for use online, which streamlined the budgeting process 50%.

Responsible for coordinating $65MM annual facility budgeting process, reporting, analysis and presentation

Implemented and trained facility on automated travel expense reporting system resulting in a $50M annual savings in processing costs

Analyzed and balanced off line fixed asset system of $100MM gross book value.

Hoechst Celanese, Ticona, Chatham, NJ 1988-1993

Accountant II

Fixed asset maintenance / reporting. Monthly closing activities. Cost center variance analysis. State sales / use tax reporting and audit coordination. Lead accounting contact for annual finished goods inventory audits at division’s public warehouses.

Senior Inventory Supervisor

Maintained perpetual inventory system for Division. Facilitate the daily customer shipments at eight public warehouses. Monthly book-to-book inventory reconciliation of $35MM FG inventory. Coordinate and led annual physical inventories at all public warehouse locations. Liaison between public warehouse personnel and customer sales reps. Supervised activities of one inventory clerk.

Identified and initiated the closure or a little used warehouse resulting in an annual savings of $75M.

Achieved 99.6% monthly invoices billed to orders shipped.

Production Planner

Planned production for one business line at two manufacturing facilities to meet customer and inventory requirements. Participated on product line business team. Forecasted and maintained proper business line inventory levels to meet corporate working capital targets.

Senior Marketing Analyst

Developed monthly reporting package for group management. Analyzed customer complaints. Streamlined letters of certification process to increase productivity and reduce manual errors. Initiated and presented a program to automate letters of certifications. Supervised activities of two employees.

CIT Group, Livingston, NJ 1986-1988

Staff Accountant

Maintained manual regional subledgers. Helped coordinate move from a manual subledger to computer based subledger. Updated, revamped accounting procedures and automated manual monthly reports, which increased accuracy and analysis.

EDUCATION AND PROFESSIONAL TRAINING

BS in Biology Minors: Chemistry/Math Jacksonville University, Jacksonville, FL

B.S. in Finance/Accounting, Kean College, Union, NJ

Member of Institute of Management Accountants

Member Global & Upstate CFO Council

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