TED J. SHAPIRO, MBA

** ****** *****, ******** ****, NJ 07424

E-mail: adizi7@r.postjobfree.com

Capability Summary: Finance and accounting leader, with excellent and extensive analytical, transactional and operational record. Experience leading various financial and accounting functions in both Consumer Products and Pharmaceutical businesses. Led customer focused financial, analytical and reporting support for Sales, Marketing, Research and IT groups as well as for various Supply Chain groups (Manufacturing, Procurement and Distribution). Exceptional results in client/customer service relationship building and decision support. Experienced in facilitating operational controls and facility expansion, as well as a closure and restructuring. Operate effectively in a matrix, time conscious management structure. Team player, with ability to lead and motivate teams, as well as to develop staff and business partners.

Professional Experience

ARROW FASTENER Co., LLC – Div. of Great Star Ind., an $8 billion Chinese manufacturing corporation

Compliance Manager (part-time) (Jan 2018 – Mar 2020)

Writing and maintaining Policies and Procedures (P&Ps). Performing compliance reviews and making improvement recommendations for all P&Ps. Special projects as needed, such as bringing auditing and payment of freight charges in-house.

Global Divisional Controller (March 2014 – Jan 2018)

Responsible for: Accounts Receivables and Payables; cost improvement projects; cash reconciliations and management; monthly close and other general accounting; contract maintenance and risk controls; cost accounting and inventory management/controls; Budgeting process; Capital spending projects and controls; corporate reporting and compliance requirements. Five direct reports.

SIMS METAL MANAGEMENT, INC. – $6 billion public corporation in the metals recycling business

Regional Controller (Jan. 2012 –March 2014)

Develop and implement analytical tools to do budgeting and forecasting of sales and expenses. Provide analysis and advice on improving profitability & manufacturing costs; capital spend projects; cash reconciliations; and inventory management/controls.

EARTHLY TREASURES, LLC – Seasonal privately owned Retail Gift Business

Consultant: Finance and Accounting (Aug. 2011– Jan. 2012)

Private, small business Accounting and Treasury functions. Provide advice and counsel on profitability, selling prices, taxes, cash flow, and inventory management/controls. Responsible for all accounting, banking, tax and cash flow functions.

TRIBECA OVEN, INC. – Founder run Manufacturing and Wholesale Sales of Artisan Bread

Financial Director (April 2011– Aug. 2011)

Leader of all Accounting and Treasury functions for a private, small manufacturing and sales business. Responsible for all accounting, banking, tax and cash flow functions, including Payroll, Purchasing, AP and AR. Provide advice and counsel on profitability, selling prices, taxes, cash flow, and inventory management/controls. Learned and used QuickBooks system.

Instituted quarterly forecast modeling process and analytical tool.

Developed cash flow forecasting model for longer term projections, leading to just in time borrowing.

JOHNSON & JOHNSON – Consumer Products Division: Supply Chain & Manufacturing Finance Group

Independent Contractor - J&J Consumer Supply Chain Finance & Procurement groups (Aug. 2009 – March 2011)

Two special SAP related project assignment contracts:

1) Third party/contract manufacturer Finance group: Inventory physicals, controls and SOX compliance enhancements;

2) Contract procurement strategic sourcing group: root cause analysis and process improvement recommendations/implementation for problems associated with the ‘Request-to-Purchase’ SAP processes.

Operational Controller/Financial Director: Manufacturing Site (Parsippany, NJ) (Dec. 2006 – Feb. 2009)

All financial, accounting, SOX and payroll activities for $100 million manufacturing operation, including: three year plan strategies and business continuity planning; raw material pricing and procurement support, product standard costing, and scrap analyses; budgeting, forecasting, planning and variance analyses; implementation of SAP GL and AP systems; balance sheet control; internal audits and SOX compliance; process/productivity improvement program leader, including Six Sigma analyses; facility restructuring closure financials; managed cafeteria and company store operations. Member of Consumer Group’s Supply Chain Financial Management Team. Department of eleven, reduced consistent with closing plans.

Developed and presented analytical evaluation and justification for re-siting products and the consequent restructuring/closing of the manufacturing facility within two years.

Successfully implemented a number of systems, strategic sourcing and operational changes (required by merger) on time and budget, despite significant closing related challenges to people and the facility.

Consistently provided accurate forecasts, analyses and results, enabling desired improvements in consolidation processes and in assuring goals were met.

Proposed, implemented and led a program of “Managing Change” in the facility (traditionally an HR function). This was a highly successful site initiative to maintain employee motivation, morale and production efficiency despite the negative impact of the facility’s extended three year closure period.

Managed facility cafeteria and the company store operations. Reduced costs, improved operational efficiency and inventory controls, leading to a 15% profit margin improvement despite diminishing revenue.

PFIZER, Inc. – Pharmaceutical and Consumer Products Divisions (Dec. 1980 – Dec. 2006)

Director of Finance - Consumer Products Mfg., Research and Logistics (Parsippany, NJ) (Dec. 1998 – Dec. 2006)

All financial, accounting, capital and payroll activities for site, including: product costing; variance budgeting/forecasting; implementation of Pfizer MRP, GL and AP systems; internal audits and SOX compliance controls; supported consumer manufacturing strategic initiatives team, responsible for new product investment/acquisition evaluations. Department of fourteen (including A/P function I successfully moved to the Corporation’s “shared services” concept).

Helped manufacturing facility double its production volume and capacity, to over $200 million, over a four year period. Proactively led team effort to demonstrate need, obtain approvals for and then implement appropriate resources, capital and systems to grow facility operations and lower costs.

Proposed, gained approval and implemented a sophisticated OLAP budgeting, forecasting and consolidation reporting/analysis system using Hyperion-Essbase.

Justified and automated site time and attendance process (Kronos).

Led site team in implementation/integration of two major systems: a corporate developed MRP system, and the corporate financial G/L and A/P system (Computron). Successfully enabled the facility to transition AP functions to more efficient corporate shared service group on an expedited basis.

Facility Controller, Consumer Products Manufacturing & Distribution (Parsippany, NJ) (1995 – 1998)

All financial, accounting, capital assets/spending and payroll activities for the plant, including: product costing; variance budgeting/forecasting; AP and GL systems; internal audits. Department of fifteen (including A/P)

Presented to Senior Corp. Managers the financial rationale for a major upgrade to Aseptic facility operations.

Proactively evaluated and made recommendations for consolidating the Northeast Warehousing and Distribution services, resulting in the implementation of a new, $20MM centralized center. This was instrumental in both significantly lowering costs, as well as opening up space for 2X expansion of manufacturing operations.

Director of Finance, Pharmaceutical Field Force/Sales Operations (New York City) (1993 – 1995)

All financial and accounting activities for the newly consolidated sales organization, including: budgeting/forecasting of sales and expenses; AP and dept. expense analyses/controls; audits; promotional program evaluations. Department of five.

Developed/implemented finance team functions to support newly created Sales Operations organization.

Division Controller - Pharmaceuticals: Sales, Mktg. and Clinical Research Groups (NYC) (1985 – 1993)

All financial and accounting: budgeting & forecasting of sales and expenses; A/P and expense analyses/controls for all departments; internal audits; promotional program and new product/acquisition evaluations; Dept. of six.

Developed reporting and analysis enhancements for Clinical Trial research programs tracking and projection.

Evaluated and made recommendations to improve Sales Force program profitability.

Financial Manager, Pharmaceutical HQ Manufacturing Group (New York City) (1980 – 1985)

Education / Systems Expertise / Special Contributions

MBA - Accounting/Finance - 1976 (NYU - Stern Graduate Business School; NY, NY)

BA - Mathematics/Computers Science – 1973 (Rutgers University; New Brunswick, NJ)

MRP and Finance/Accounting systems expertise- Implemented and then trained others in Plant and Corporate financial and accounting systems, including: MRP System (proprietary); A/P, G/L, Inventory and Financials (AS400; SAP; SAI); Procurement (Ariba; Ivara); OLAP reporting and analyses tools and applications (Hyperion; Essbase); Time & Attendance (Kronos); Payroll (Lawson; PeopleSoft); other software (proficient in Microsoft Office Excel, Word, PowerPoint, Outlook; also experienced with Quicken and QuickBooks)

Financial VP/Treasurer for local non-profit organization (volunteer - six years)

oResponsible for all Finance and Accounting functions, including A/R, Expense control and Cash Mgmt.

oLed budgeting and financing effort for major facility expansion capital campaign and spending plan.

Led Pfizer’s local Community support programs, including School Science/Math volunteer support (five years)

Mentored local High School National Robotics Team (four years)

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