Timothy M Marsteller

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

Pittsburgh PA 15227

412-***-****(H) 412-***-****(M)

ad4eft@r.postjobfree.com

Summary

Experienced corporate accounting professional with over 25 years of experience and strong background in manufacturing cost accounting, operations / supply chain finance and financial forecasting. I have been financial lead on several factory cost-out project teams. Primary objectives of these projects were to assist factories in attaining cost-out efficiencies and improve production output. Extensive experience with: Excel, Access, Word, BPCS, Hyperion/Essbase, SAP-PTR CO, SYMIX.

Work History

Feb 2021-Present Senior Finance Manger

Fresenius Kabi

Warrendale PA

Responsible for all medical device production planning and reporting from plant perspective

Primary contact with Market Unit on all medical device demand changes

Establish plant production strategy to support customer requirements

Responsible for inventory forecasting and accuracy

Prepare business case, KPIs, ROI for proposed plant expansion

Compute sales prices to customers for all medical devices manufactured at plant

May 2017 – Jan 2021 Finance Manager

Fresenius Kabi

Warrendale PA

Financial responsibility for US medical device plant operations for actual and forecast reporting

Financial responsibility for Trading Goods reporting unit for actual and forecast reporting

Developed sales reporting structure which allowed full P&L statement at plant level

Created monthly KPI plant reporting metrics that provided business insight and support for decision making

Kraft Heinz April 2002 – March 2017

Aug 2014 – Mar 2017 Regional Factory Controller

Kraft Heinz Heinz Company

Pittsburgh PA

Performed detailed analytics on key Supply Chain Metrics

Serve as financial adviser to factory managers in three factories with $108M in COGS

Developed financial tracking model for reformulation variances by item. Result was $0.5M in annual savings

Analyzed large data sets to determine root cause of excessive inter-plant freight charges. Estimated $0.3M annual savings

Developed financial model for cost out tracking of projects

Improved forecast accuracy to 85% in CY16 by developing factory KPIs.

Aug 2013 – Jul 2014 Senior Manager Operations Finance

HJ Heinz Company

Pittsburgh PA

SAP implementation team

PTR-CO module emphasis

Factory BOMs and standard costs converted to SAP

General ledger mapping to SAP

Sep 2009 – Aug 2013 Manager Supply Chain Finance

HJ Heinz Company

Pittsburgh PA

Manage factory quarterly forecasts and annual operating plans

Reduced cycle time of factory month end close to one business day

Forecast annual factory incentive payout of $4M

Participant in SAP implementation at largest Canadian factory

Ensure factory finance departments conform to GAAP and internal policies

Feb 2007 – Aug 2009 Senior Financial Analyst

HJ Heinz Company

Pittsburgh PA

Manage factory quarterly forecasts and annual operating plans

Administrator for two Essbase data cubes

Projecting accurate capital spend at five factories

Developed new capital spend database in Access

Interim factory controller

Feb 2005 – Jan 2007 Supervisor Manufacturing Accounting

HJ Heinz Company

Pittsburgh PA

Direct supervision of four employees

Ensured manufacturing variances deferred and amortized properly

Prepared annual standard cost evaluation

Coordinated quarterly physical inventory counts

Troubleshoot inventory discrepancies with third party warehouses

Prepared inventory balance sheet reconciliations. Average balances of $62M.

Apr 2002 – Jan 2005 Manufacturing Accounting Analyst

HJ Heinz Company

Pittsburgh PA

Ensured accurate and timely month end close for ten factories

Ensured all inventory transactions valued accurately

Balance sheet account analysis for inventory accounts

1993 – 2002 Assistant Controller

Precision-Kidd Steel Company

Aliquippa PA

Managed month end close processes

Inventory reconciliation between ERP system and physical inventory

Cost accounting activities

Support third party audit requests

Managed credit and collection activities for average A/R balance of $4M

Education

2001 Robert Morris University

MBA

Pittsburgh, PA

1992 Robert Morris University

BSBA Accounting / Computer Information Systems

Pittsburgh, PA

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