Consultant/CFO

Ronald C. Voelker

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

Floyds Knobs, IN 47119

******@***.*** 502-***-****

Senior level executive with extensive senior management and operational experience. An achievement-oriented leader with strong analytical and problem-solving skills. A diversified background with expertise in auditing, consulting, turnarounds, restructuring operations, manufacturing and integrated ERP systems.

Skills and Accomplishments

Instrumental in the turnaround of three manufacturing companies, with special focuses on financial controls, banking, systems, production, and logistics.

Expertise in lending relationships with banks, commercial finance companies, and other asset-based lending institutions.

Fully knowledgeable in cost accounting including standard, job and process.

Development and implementation of corporate policies and procedures, internal controls including SOX 404, J-SOX, and process improvements.

Heavy financial analysis and forecasting mainly utilizing Excel.

Benefit package selection, negotiation, and administration.

Managed multiple systems conversions with emphasis in manufacturing and financial.

Designed short and long-term forecasting models for cash flow and budget purposes.

Fully versed in the use of ERP systems for inventory and production planning and control.

Advanced skill level with Excel, PowerPoint, Word, Crystal Report Writer and Access.

Professional Experience

Internal Audit Professionals, Cincinnati OH

Consultant July2019 – December 2019

I performed SOX compliance reviews for a group of life insurance companies located in Kentucky. This consisted of both interim and then year-end compliance testing.

Robert Half Management Resources, Louisville KY

Consultant September 2016 – March 2017

January 2018 – March 2018

I performed SOX compliance reviews, including designing testing compliance programs, testing, revisions, and remediation and retesting phases for a large transportation and manufacturing company on an interim basis, working for the Director of Internal Audit. Company hired staff after year-end compliance testing was completed. I was asked to return in January 2018 to assist with the 2017 SOX testing due to an employee leaving.

Resources Global Professionals, Century City CA

Consultant October 2014 – January 2016

I have returned to RGP on a temporary basis due to the high travel requirements, 75 to 100%. Since returning I have been involved in, with one petrol-chemical client for over a year, on a number of projects, including SOX testing, assisting in developing a construction project contract tracking system for proper reporting of project status, accruals at month-end for both contract labor and percentage completion and recording any contract liabilities such as cancellation charges for financial reporting, an inventory shrinkage analysis project and a revenue recognition project involving INCO terms for trucking, rail and ocean shipments.

Zeon Chemicals L.P., Louisville KY 2009-August 2014

Senior Internal Auditor

Zeon Chemical is composed of three manufacturing locations (KY, TX, and MS) and a corporate headquarters in Louisville. Based on its volume and contribution as a percentage of the total parent Company, Zeon Corporation, we were required under Japanese J-SOX regulations to complete annually a full review for compliance and preparation of all required documents.

Performed complete J-SOX reviews including all required documentation, and annually went to Corporate in Japan for a presentation.

Created an internal function and performed internal audits in addition to J-SOX duties.

Resources Global Professionals, Century City CA

Consultant 2004 - 2009

I have been involved in a number of different assignments:

Implemented a new J-SOX Audit program from the beginning planning stage through implementation and first year compliance testing. This was for a U.S. Subsidiary of a Japanese Chemical Company which I then went to work for. – Zeon Chemical.

SOX compliance reviews (3 companies) all stages; created the required documentation for compliance, conducted interviews, reviewed current documentation and processes, reviewed control points to determine risk level, and created flowcharts and designed testing compliance programs. I have supervised a number of field audits and worked on testing, revisions, remediation and retesting phases.

Twenty week assignment as an interim controller, for one of the SOX client’s largest manufacturing facilities, while they conducted a search for a permanent hire.

Warehouse inventory control system review and improvement.

SEC compliance audit for an insurance company

Revenue recognition and cut-off review for a Japanese automotive trading company.

Fox Group, New Albany, IN 1997 – 2004

Executive Vice President/CFO

The Fox Group is a $10 million company with over 125 employees, made up of two separate companies; Bruce Fox Inc., a union manufacturer of premium quality recognition products and devices, and AsemPac, a non-union company providing fulfillment services: (both to predominantly Fortune 500 customers). Hired to assist with a turnaround situation, due to cash flow, financial reporting, inventory control, and manufacturing problems. Responsibilities included all financial, administrative and system functions for the two separate companies that make up the group.

Based on the turnaround effort, the group became profitable and cash positive, with excellent bank and vendor relationships.

Reorganized reporting structures, procedures and process improvements to assure a positive turnaround, including the implementation of an ERP software package and negotiated three new union contracts.

Reduced accounts receivable days outstanding from 70 days to 43 days over a period of two years.

Working closely with HR, supervisors, and union representatives reduced grievances from over ten a year down to two in three years.

Power Sensors Corporation, Chicago, IL 1993 – 1997

Chief Financial Officer

As Chief Financial Officer for this 25 employee, $5 million high technology manufacturing company, responsibilities included handling all financial and strategic planning. Reporting departments included accounting, purchasing, materials management, M.I.S., and human resources.

Worked with the company from its inception including handling the strategic planning that eventually led to the sale of the firm to a larger competitor.

Developed and implemented policies, procedures, and network-based systems in finance and manufacturing.

Reduced Accounts Receivable days outstanding by 25% over a one-year period.

R.C. Voelker Consulting, Chicago, IL 1990 – 1993

Principal - Management/ Financial Consultant

Provided consulting services to small and medium sized manufacturing and service companies, working closely with all levels of client personnel. Concentration on supplying guidance and solutions for administrative, financial, operational, and manufacturing problems.

Major projects involved the design and implementation of accounting systems, obtaining bank loans and negotiating other types of capital financing.

Worked on the development of strategic plans and forecasting models, creation of business plans, design of inventory and production control methodology and systems, and creation of an incentive programs.

Wittek Industries (LBO), Chicago, IL 1986 – 1990

Chief Financial Officer / VP Administration

Wittek Industries was the largest domestic supplier of hose clamps for the automotive industry with over $80 million in sales and 300 employees. Brought in to help turn the company around; responsibilities included all bank/lending relationships and cash management. After a successful turnaround, company was sold.

Reporting responsibilities included accounting, administration, M.I.S., human resources, and purchasing.

Managed all bank/lending transactions, assisted the Chairman/Owner in negotiating an extended asset-based lending agreement and coordinating a vendor composition agreement.

Negotiated union contracts resulting in cost savings of approximately 20% in wages and benefits.

United Technologies Corporation, Chicago, IL 1985 – 1986

Senior Internal Auditor

Multi-billion dollar conglomerate – (Pratt Whitney, Otis Elevator, Carrier Air, and Sikorsky, etc.)

Responsibilities included performance of operational and financial audits; both international and domestic subsidiaries, including analysis of the subsidiaries and planning of audit assignments, execution of the plan, review of findings and recommendations with senior management, and preparation of audit reports.

Catty Corporation, Division of Rostra Holding Co. (LBO), Chicago, IL 1984 – 1985

Division Controller

A printing company for food wraps and high-end gift-wrap with 50 employees and a $10 million sales volume. Responsibilities included total financial control of the two manufacturing facilities.

Beacham Cosmetics, Chicago, IL 1981 – 1984

Manager, Auditing & Special Projects

A manufacturer and distributor of perfumes, cosmetics, shampoos and other bath products with 350 employees and $125 million in sales. Responsibilities included acquisition analysis, operational and financial audits, and the implementation of a computerized manufacturing system.

C. R. Industries, Chicago, IL 1979 – 1981

Plant Controller

Wurlitzer Company, Chicago, IL 1974 - 1979

Internal Auditor

Interstate United Corporation, Chicago, IL 1974

Staff Accountant

Education

Bachelor of Science Degree, Northern Illinois University, DeKalb, IL 1973 Major: Business Administration - Finance and Accounting

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