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Accounting Financial

Location:
Katy, TX
Posted:
March 16, 2021

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Resume:

W. Philip Jasman, CPA, MBA

**** **** ***** **** ****, TX 77494 281-***-**** adkyy7@r.postjobfree.com www.linkedin.com/in/philipjasman

CORPORATE ACCOUNTING & FINANCIAL PROFESSIONAL

Summary of Skills & Experience

Financial Reporting Account Analysis Forecasts Budgets Financial Models General Accepted Accounting Practices (GAAP) ERP Systems integration & implementation Direct multiple locations, domestic & foreign. Build & Lead Strong Accounting Operation Teams Strong interpersonal communications Implement effective Internal / SOX Controls Standard Cost Job Cost POC, Manufacturing & Service Industry Advance Microsoft Excel Sales Tax Oversight of Audit & Other Regulatory Compliance Issues Cost Accounting Cross functional leadership Metrix management origination Microsoft Office Hyperion

A financial professional with a distinguished career providing executive support and direction for accounting & financial matters for highly successful companies in the manufacturing and industrial service industries.

A change manager for improved efficiencies & productivities in internal operations; able to establish a framework of systems, processes, and best practices for all levels of management, throughout multiple business units, resulting in accurate reporting, forecasting, and proactive disclosures.

Lead and collaboratively participates in the development of strategic forecasts, budgets, business plans, and sales proposals that supports growth in revenue and profitability.

Hands-on leader with a solid grasp of emerging technologies, cost containment, and human capital requirements with a noted track record in developing effective internal controls and system improvements that capture key gains in accuracy, efficiency, and productivity.

Experienced team leader in multiple areas, including Accounting, Financial Reporting, Month End Closing, Accounts Payable, Accounts Receivable, Payroll, Cost Accounting, I.T., and Human Resources.

Career History

Stewart & Stevenson LLC, Houston, Texas: July 2008 to June 2020

– Division Controller –

Fulfill a critical role as a partner to division president and corporate leadership providing accounting & financial guidance for the Division and individual plants that grew from 1 to 7 business units in US and Canada of a $400M international engineered equipment manufacturing segment of an $800M private equity distributor, manufacturer, and service company serving oil & gas, power generation, transportation, and material handling industries.

Manage and develop a team ranging from 4 to 10 professionals, beginning with 1 location and expanding to over 7 locations, engaged in daily operational and cost accounting activities, monthly closing, financial reporting, and operational KPI reporting.

Reform the organization’s revenue recognition, percentage of completion (POC), process as well as to comply with ASC 606, introduce formal project management and project review procedures and systems that empowered the company to accurately record and predict revenue and profits.

Advised in the planning, training, integration and implementation of Oracle ERP system from JDE that went live in January 2020 to help achieve common systems goal across the company.

Delivered $500K in reduced annual employment costs through the adoption of standardized processes and best practices between locations that improved accuracy and increased administrative efficiencies.

Direct the review of manufactured equipment projects with individual projects ranging from $1M to $50MM.

Throughout all phases of each contract, collaborates extensively with salesmen, project managers, operations leaders, and service managers to boost the accuracy of estimates for project materials and labor.

Implement a project review system featuring integration with the JD Edwards ERP system, improving accuracy and efficiency of reporting processes and a reduction in employment costs equivalent to one full time employee.

Developed, and deployed a framework of internal controls and ensure compliance at the business unit level with GAAP, SOX regulatory requirements, and corporate policies.

Lead in the coordination of the divisional audit requests from internal & external auditors.

Contributed additional service performing due diligence and other associated responsibilities related to the company’s investigation into an IPO.

Wood Group Light Industrial Turbines (USA) Inc., Houston, Texas: March 2005 to July 2008

– Vice President of Finance and Controller -

Recruited with a mandate to lead all corporate accounting & finance functions at this $30M third party provider of industrial turbine services, with a focus on integrating multiple small acquired entities into one corporate organization with proper policy, procedures, and controls as well as developing financial models, creating budgeting and forecasting tools, and ensuring compliance with all local, state, and federal regulations and laws.

Facilitated the development of a sophisticated overview of the financial health of the company through the implementation of the “VISaer” ERP platform, which provided corporate leaders with the ability to commit key strategic decisions backed by solid data and information.

Developed and supervised a team of four professionals engaged in accounting, accounts payable, accounts receivable, and payroll across two locations.

Implemented internal controls to enforce compliance with GAAP and corporate policies; maintained executive accountability for all financial aspects of budgeting and forecasting, sales proposals, capital projects, business plans, and company policies and managed all internal and external audits.

Led the creation of financial models in support of a major sales proposal, detailing the fiscal impact to the company with respect to long term service agreements, equipment repair and exchange, and equipment packaging.

Siemens Industrial Turbomachinery Inc., Houston, Texas: December 2000 to March 2005

– Controller –

Established and maintained traditional controller responsibilities subsequent to the acquisition of Alstom Power Inc. by Siemens industrial turbine manufacturing division in 2003. Directed the integration of systems and processes while assuming an expanded scope of responsibility within a larger team engaged in accounting, financial reporting, and monthly close processes.

Prior to acquisition by Siemens, served an integral role helping the CFO facilitate the company’s entry into North, Central, and South American markets; built a team of professionals and facilities from the ground up installing all necessary internal controls, creating a financial forecasting and budgeting model and advising leadership on how to meet key performance metrics.

Led entities accounting functions, including AR, AP, and Payroll, through a period of rapid growth, expanding from a single client to a diverse set of accounts and positioning the company for acquisition by Siemens.

Created a project review process for all major equipment and service orders designed to provide insight for executive management into each project’s cost performance and contribution to gross margin.

Directed reviews of internal controls for individual service centers, ensuring the accuracy and integrity of inventory, profit recognition, and work in process; for each operational cost center, led financial performance reviews to ensure comprehension and awareness of metrics.

EARLY CAREER (Upon Request)

EDUCATION & PROFESSIONAL CERTIFICATIONS

Master of Business Administration – University of Houston at Clear Lake

Bachelor of Business Administration in Accounting and Finance – Stephen F. Austin State University

Certified Public Accountant in the State of Texas (License #054276)

TECHNICAL SKILLS

Microsoft Office (Excel, Word, PowerPoint, Outlook), JD Edwards, Hyperion Essbase/Smart view,

VISaer ERP Software, Platinum (Epicor) Accounting Software, Oracle



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