Plant Accounting Manager
Resume:
Miguel Ruiz Rosado
Urb Treasure Point
** ***** *******, **** **** PR 00692
**************@*****.***
OBJECTIVE
A challenging position with a leading company in the Finance department, where my experience, abilities and education can contribute to the achievements of company goals.
CAREER PROFILE
Finance professional recognized as a strategic partner, team player, self-starter, well organized, willing to learn and assertive professional with proven performance record in Finance, Accounting, and Manufacturing with a high spirit of commitment and productivity. Excellent interpersonal skills, able to work in a fast-paced environment, bilingual (Spanish/English), computer literate, flexible, adaptable, strong work ethics and teamwork oriented. Strong educational background in Business with strategic knowledge in:
Strategic Planning
Financial Reports
Cost Accounting
Manufacturing Variances
Budgeting/Forecasting
Leadership
Accounts Payable
Team Work
Accounts Analysis
Supervision
Inventory Control
Financial Software
Fixed Assets
Internal Controls/SOX
Accounts Reconciliation
System Implementation
ERP (SAP, Oracle, JD Edwards)
External/Internal Audits
PROFESSIONAL EXPERIENCE
Hubbell Caribe Limited
Vega Baja, Puerto Rico
Wiring Device Manufacturer
2006-Present
PLANT CONTROLLER
Lead and manage the Finance department for the Vega Baja plant. Annual trade sales of $155Millions. Preparation of the annual Profit Plan. All supporting Profit Plan documentation. Monthly forecast preparation with all supporting documentation. Monthly financial results presentation to Platform and discussion of material variances. Special analysis preparation.
Areas of responsibility includes Cost Accounting, Inventory Control, Forecasting, Annual Budget preparation, Payroll, Accounts Payable, annual audit preparation.
Lead and motivate my staff of professionals, help in the professional development of my team by continuous feedback and reviews. Provide management with tools and measurement for the decision taking process.
Accomplishments:
Develop a cost savings program and measurements tools. Lead the cost savings program with operations personnel. Achieved $5M in cost savings since 2007 to 2013.
Involve management in the preparation of the annual budget (never done this way before)
Develop Direct Labor productivity report
Reduce physical inventory variance from $2M during 2005 & 2006 to $25k in 2013. Continue working on improvements to inventory control and accuracy.
Implemented a Cycle Count Program across the Vega Baja plant
Lead and implement Kaizen event to moved molds from outside supplier, resulting in increased utilization in the molding area and annual cost savings of $500k
Successful work with company law firm to re-negotiated decree with lower tax rates than previous one
Successful work with Hacienda to finalize a closing agreement on an overpayment of royalties withholding taxes in the amount of $300k
Eaton Electrical
Arecibo, Puerto Rico
Industrial Breakers Manufacturer
2004-2006
PLANT CONTROLLER
In charge of the Finance department for Arecibo and Cabo Rojo plants. Annual sales of $240Millions. Preparation of the annual Profit Plan. All supporting Profit Plan documentation. Monthly forecast preparation with all supporting documentation. Monthly financial results presentation to the plant and discussion of results with corporate management. Special analysis preparation.
Areas of responsibility include forecasting, inventory control, cost accounting, payroll, accounts payables, accounts receivables.
Motivates and guide my team, help in the development of my team. Provide all necessary tools to get the job done on time and accurate. Encourage the team to think strategically and to look for new ways of doing their tasks. Provide management with accurate and timely analysis and recommendations.
Accurate report of 5 ledgers to the corporation including a CFC. Champion the Sarbanes Oxley controls implementation and documentation at the plant.
Eaton Electrical
Cabo Rojo, Puerto Rico
Industrial Breakers Manufacturer
2003-2004
PLANT CONTROLLER
Same duties as in current role, only responsible of the Cabo Rojo plant.
Accomplishments:
Successful implementation and audit of Sarbanes Oxley Internal Controls
Champion cost savings initiatives with results of $750K savings during 2004
Reduce the month end closing cycle to by one day, preliminary results are ready at noon of the second working day
Involvement of senior staff in the preparation of Profit Plan and Strategic Plan
With aggressive spending controls move the plant from a $3.5M loss in 2003 to breakeven during 2004
Edwards Lifesciences, Inc.
Añasco, Puerto Rico
Medical Device Manufacturer
2001-2003
FINANCIAL PLANNING MANAGER
In charge of the Annual Operating Plan preparation. Prepare all supporting documentation for the AOP. Prepared plant headcount, annual working hours, direct labor rates, fringes rates, overhead rates for the different Business Units, allocations from support department to manufacturing and overhead spending.
Preparation of the VOP (Value of Production), standard costs for all the products to be manufactured during the Operating Plan. Capital Investment budget preparation.
Presentation of the AOP to plant management and corporate Finance department. All requested analysis for decision making.
Spent 4 months in Dominican Republic Operations providing support to the implementation and follow up of company procedures and policies. Provide management with analysis of Balance Sheet for Dominican Republic.
Accomplishments;
Proposed and adjusted more than $1MM in unfavorable variances not previously accounted for in the Balance Sheet review.
Recruit and develop a new General Accounting Manager for Dominican Republic
Operations.
Established a better communication with Dominican Republic finance department in order to provide support.
StarKist Caribe, Inc.
Mayaguez, Puerto Rico
2000 – 2001
PLANT CONTROLLER
In charge of the Finance department. Manage a staff of 13 professionals. Responsible for Cost Accounting, Budgeting, Accounts Payable, Payroll, Fixed Assets and Receiving departments. Financial Statement preparation. Organize and coordinate annual physical inventories and annual audit.
Provide management with analysis and recommendations.
Motivate and help in the development of finance employees. Keep in constant communication with corporate finance.
Accomplishments:
Reduce closing schedule from a Company requirement of 5 days to 3.5 days.
Help in the implementation of GEMMS, inventory control Oracle financial module.
Reduce the plant inventory differences in more than $300K. Last physical inventory difference of $200K of a $20,000K inventory. A 99% Inventory accuracy.
Established a cross training program for all finance employees.
Support plant departments with explanations of variances and recommendations for improve reporting in their operations.
Established a better working environment.
Motivate and develop finance employees.
StarKist Caribe, Inc.
Mayaguez, Puerto Rico
1998 - 2000
ACCOUNTING MANAGER
In charge of Cost Accounting for Mani Can Corporation (Star Kist Caribe Affiliate, can making company). Prepared the annual budget and quarterly forecast. Analyze month end results and provide explanations for variances, presented company performance for the month to management. Organize and performed physical inventories. Motivate
and help my staff in performing their duties.
Accomplishments;
Reduce looses on inventory in more than $1MM.
Improve the production reporting for better control and easy understanding.
Improve financial reporting and explained to Can Plant management what each report means.
Provide a financial seminar to management. Teach them how to read the financial reports, cost sheets and financial statements.
StarKist Caribe, Inc. 1997 - 1998
Mayaguez, Puerto Rico
ACCOUNTING SUPERVISOR
Performed the same functions as Accounting Manager.
StarKist Caribe, Inc. 1996 - 1997
Mayaguez, Puerto Rico
PROPERTY ACCOUNTANT
In charge of the Fixed Assets department of the plant. Maintain and control all capital project spending. Reconciled fixed assets and accumulated depreciation. Prepared all
cash flow analysis for the projects. Calculated IRR, savings, NPV and Payback period. Input all new assets into the Oracle systems, make all transfers and write off. Tag all assets.
Accomplishments;
Reconciled Construction in Progress account of more than $10MM investment.
Performed a Fixed Assets physical inventory and tag all assets.
Prepared and submit on a monthly basis reports to management and project leaders of status of capital projects.
Carborundum Caribbean, Inc. 1995 - 1996
Mayaguez, Puerto Rico
SENIOR ACCOUNTS PAYABLE CLERK
Carborundum Caribbean, Inc. 1994 - 1995
Mayaguez, Puerto Rico
SHIPPING CLERK
EDUCATION
Masters Degree on Business Administration - 2002
Mayor in Finance
Inter American University of Puerto Rico
San German Campus
Bachelor Degree – Business Administration, Mayor in Accounting, Finance and Industrial Management
Recinto Universitario de Mayaguez, Mayaguez, Puerto Rico
PROFESSIONAL IMPROVEMENTS
Six Sigma Green Belt Training
Lean Manufacturing Training
SPECIAL SKILLS
Computerized system knowledge Word, Excel, Power Point, JD Edwards, Oracle Financials, SAP Financials, Kronos, AS400, HFM, Essbase, BlackLine, Workiva
Interpersonal skills
Planning Organized
Bilingual (Spanish/ English)
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