Accounting Manager Accounts Receivable
Resume:
Michael W Rapoza
Peabody, MA *****
******.*@*****.***
OBJECTIVE
To obtain a senior level Finance position that will provide me with challenging duties and a position that has the opportunity for advancement.
PROFESSIONAL SUMMARY
●Professional with 17 years’ experience and having as many as 4 IT members and eight financial members as my entire team.
Key Competencies made include the following:
●Budgeting / Forecasting
●Financial Reporting
●Advanced Excel
●GAAP Reporting
●Audit and Compliance
●Balance Sheet Reconciliation
●Evaluated Cost Variances Analysis
●ASC 842 lease
●System Conversion / Implementation
●Labor and burden calculations
●P&L, Departmental Expense Analysis
●Standard Costs
EMPLOYMENT HISTORY
East West Manufacturing – Boston (facility closed)
Boston, MA 5/23-Present
Sr. Accounting Manager
Prepare business activity reports, financial forecasts, and annual budget.
Complete month-end close process which includes meeting month end close deliverable deadlines.
Ensure the intercompany balances are complete and accurate.
Oversee the production of periodic financial reports which includes commentary on trends.
Ensure compliance with US GAAP and state and federal regulations.
Partner with the Corporate controller to coordinate with outside auditors and provide needed information for the annual audit.
Present recommendations to management on short- and long-term financial objectives and policies
Manage all aspects of the general ledger including reconciliation of all general ledger accounts.
Perform analysis of company’s customers and manage credit risk.
Supervise accounts receivable, accounts payable and general accounting departments.
Analyze and report on cost variances.
Support the Corporate Controller with quarterly reporting requirements (BOD presentations, lender presentations, company all-hands meetings, etc.)
Ad Hoc financial requests and reports, as requested.
13 Week Rolling forecast on Cash.
Worked on Budgets and Forecast out for current month plus 15 months in the future.
Littelfuse, Inc. (Public)
Beverly, MA 4/2021-8/2022
Cost Accounting Manager
Look at Scrap, Inventory Cycle Count transactions to make sure there were no big hitters or explain what happened.
Daily interaction with the engineering and inventory control people to add cost both in Oracle (local) and SAP (Asia)
Attended weekly production meetings with the marketing and operations people.
Monthly close would involve Book to perpetual reconciliation, E&O recon that would look at inventory held in Beverly and Asia, Overhead input as the operations system MES did not talk to Oracle. This would also include Journal Entries
Monthly closing meetings with corporate finance through Teams
We would do the quarterly forecast and Budgets once a year.
Ran the standard cost update for the year.
Backup for the AP team and reconcile and close that monthly.
Hyperion and Blackline entry and reconciliation.
DNata Catering (Private),
Everett, MA 2019-2020
Financial Controller
●Provide weekly forecasts and had meetings with all US divisions to speak to our actual results and forecasted monthly results, if changed from budget.
●Worked through budget with General Manager and Group Controller.
●Had a buyer under me who would purchase food and non-food items and stuck to budget as well as inventory counts each month end to determine the final cost of sales.
●Worked with ADP to figure overtime on a weekly period and reported to General Manager, CFO and CEO.
●Was responsible for tracking and monitoring spending through corporate credit cards so as not to overspend the budget.
●Responsible for weekly forecast and meetings of same with the entire US group consisting of CEO, CFO, each division’s Controller and General Manager.
●Responsible for any new business and accounts receivable for Everett entity.
Trio Trust Company (Private),
Peabody, MA 2013 – 2019
Peabody Accountant
●Deliver accounting and financial Services to a diverse group of Partners.
●Provide Cash Flow Analysis, Operational Forecasts, and Variance Analysis. Prepare and present financial Statement.
●Evaluate Commercial financing acquisitions and make recommendations on which assets to focus on.
●$15 million dollars in asset value in three markets (Florida, Massachusetts, and Vermont).
Consultant, Controller (Jun 2014 – Nov 2015)
Aerotek, Inc SG&A Boston, MA
Paradigm Precision, Inc. (Privately held), Malden, MA
Completing trending Financials as well as labor statistical and trend data, Billing to clients, Invoicing from vendors.
Payroll ADP and using HR Knowledge as an outside advisor for payroll, 401K, and other.
Using Ajera, Newforma Project, and other software.
Working as consultant for company controller until they hire someone new. Then work until the controller feels good about his approach and feels comfortable with Cost and Controls.
Working on special projects like developed Inventory aging, gross margin report, from payroll to review labor, and Monthly labor true-ups and ad-hoc reports as needed.
Paradigm Precision Holdings, LLC (Privately held), Malden, MA, 2010 – 2012
Malden / Peabody Site Controller (2011-2012)
●Reported monthly financials, MD&A, budget/forecast to actual bridge, Review with CEO, CFO, Group Controller, and local VP of Operations.
●Develop and implement a comprehensive cycle count program.
●Work closely with outside Audit firm as needed (annual audit; inventory costing; physical inventory).
●Weekly Expense spending and cost variance reporting.
●Created budgets, monthly P&L forecasts, and weekly financial forecast scorecards.
●Work on special projects as assigned by the CFO, the Group Controller, and the CEO.
●Worked on TIFF or EDIP incentives from both city municipalities.
●Supervised staff including Finance Manager, Cost Accounting Manager, AR, and AP clerks.
Paradigm Precision Holdings, LLC (Privately held), Malden, MA, 2010 – 2010
Cost Accounting Manager (2010 – 2010)
●Worked with accounting staff and department heads to develop annual budget.
●Responsible, along with the CFO, for the creation, accurate maintenance, and Reporting of all Cost related journal entries.
●Maintained and presented the gross profit bridge analysis that detailed variances from standard costs.
●Was an effective member of the team that planned and implemented annual physical inventory at both manufacturing locations.
Gloucester Engineering Co., Inc. (Privately held), Gloucester, MA, 2008 – 2010
Cost Accounting Manager
●Performed WIP analysis, monitoring COGS accounts, and standard cost maintenance.
●Reviewed various financial analyses for senior management regarding sales, gross margins, inventory and reserves, and fixed assets.
●Tracked departmental expenses, compared them to budget, and provided detailed reports to department managers.
●Managed accounts payables which included the supervision of two employees, their daily duties, approval of weekly check runs, and resolution of various issues.
●Responsible for annual overhead rate calculation and comparing them to actual rates on a quarterly basis.
Amphenol Pcd Inc., Beverly, MA (moved to new location 03/2007) 1996 – 2007.
Divisional Controller (2006-2007)
●Manager of 4 Finance team members, 2 IT team members, and cost accountant in Mexico.
● Conducted periodic reviews and merit increases for each team member.
●Trained staff accountant on various cost accounting duties like variance analysis and perpetual inventory to general ledger reconciliation and cost of goods sold true up.
●Offered full time support for home division as well as Canada, Mexico, and China facilities (primarily remotely through Skype and GoTo Meeting).
●Finance team lead for implementation of new ERP system in US and Mexico, China, and assisted team in Canada.
●Began SOX preparation by writing work instructions and focusing on segregation of duties.
Assistant Controller, 2003-2006
Assigned to oversee both Accounts Payable and Accounts Receivable administrators.
Assisted in forecast preparation on a monthly basis specifically working with Sales managers and Supply Chain managers for orders and revenue figures.
Expanded duties to include analysis of cost savings opportunities in China and Mexico. This included assisting with the outsourcing team to analyze annual cost savings opportunities.
Continued booking of accrual, re-classing, and correcting entries with expanded balance sheet account reconciliations.
Created and maintained schedule for booking and reporting sales commissions to both related and unrelated entities.
Communicated with other divisions of corporation locations throughout Asia, Europe, and Canada.
Assisted on Annual budget involving bookings, sales, and standard margin.
Communicated with outside audit team primarily month/year end closing and annual physical inventories.
Senior Cost Accountant, 2000 – 2003
Analyzed and presented Excess and Obsolete inventory to management.
Calculate and assign new material, labor, and burden (per labor and machine) rates for the coming year.
Have some experience in the development of reports through Oracle Discoverer.
Participated in a monthly progress analysis of Oracle and its uses /functions.
●Amphenol Corporation acquired Pcd Inc in May 2003 after Pcd Inc petitioned for bankruptcy protection (March 2003).
●Some knowledge in ADP E-Time which is an interface between a time clock and the payroll application. Team leader for new payroll system implementation. ADP payroll for 100+ employees. Some Ceridian experience.
Team leader for financial department for custom Oracle reporting (Discoverer).
Formally trained in Oracle Payables, Cost Management, Bill of Materials, Inventory, General Ledger, Work in Process, and ADI which is an interface between Excel and Oracle GL.
Cost of Sales true-up to general ledger. Purchase Price Variance, Scrap.
Collaborated with vendors to maintain consignment inventory.
AP Accountant in 1996 and cost accountant in 1998
EDUCATION AND TRAINING
Northeastern University, MA. 1995
Bachelor of Science with concentration in accounting
COMPUTER SKILLS
●Advanced skills in Excel and Word
●Thorough knowledge of Oracle 12 Agile Cognos ERP systems
●Understanding of SAP ERP system.
●Hyperion, Blackline, OneStream, and Planful Reporting software for corporate consolidation.
●MES is a manufacturing system.
●Experience with AS400, Profit Key, Macola ES, Ask ManMan, MS SharePoint, QAD software.
●Use of Vantage and Lawson, and Quickbooks General Ledger software.
●ADP and Paycom Payroll
●ASC842 Lease reporting.
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