CFO/Controller

Randy Knopf

• 281-***-**** • ******@*******.***

Hands-on Controller

An action-oriented leader specializing in the continual improvement process of the timely, accurate and useful reporting of financial data.

Areas of Expertise

Extensive knowledge of financial principles, practices and procedures

Strategic, analytical and creative thinker with ability to solve complex problems.

Skilled in conducting business analysis.

Effective communicator, both oral and written

Strong leader with excellent interpersonal and presentation skills.

Proficient in Microsoft Excel and Word as well as financial and statistical software products.

Professional Experience

Chief Financial Officer April 2013 – September 2020

Wolf Industries dba IER and San Antonio Circuit Breaker LP – Houston, TX (Annual Revenue 11M)

Manufacturer and Wholesaler of industrial electrical equipment.

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Eliminated US Federal tax liens.

Provide direction for all of the financial, accounting, and business planning activities of this corporation.

Consult company owner on all aspects of a successful business.

Established bank line of credit.

Negotiated manufacturing equipment financing.

Reduced vendor payables from 1.5 million to 500K.

Improved all major aspects of Accounting/Financial operations while reducing overall expenses.

Manage cash for all operations.

Prepare and file all sales tax returns for Texas and Louisiana.

Process weekly payroll using PEO partners.

In-charge of all company employee benefits and PEO selection. Reduced PEO expense by 50K annually. Kept employee benefit costs consistent with no more than 3% cost increase in health coverage over three years.

Prepare monthly consolidated financial statements according to GAAP.

Prepare entire annual financial plan.

Improved inventory management accuracy and turns with implementation of consistent operating procedures.

Controller Dec. 2003 – Aug. 2012

BHC Marketing, Ltd. – The Woodlands, TX (Annual Revenue 12 – 15M)

Annuity Wholesaler and independent marketing organization.

Established, monitored, and enforced internal controls.

Managed cash for all operations.

Developed and introduced Employee Performance Review program.

Developed and introduced Employee Bonus Plan based on company’s financial success.

401K Plan Administrator.

Accounting Software System Administrator for multi user accounting software package.

Group Health and Section 125 Cafeteria Plan Administrator.

Signatory on all company bank and investment accounts.

Prepared annual tax reporting information for US Federal and US State income tax returns.

Administered a number of performance based incentive marketing plans for 16,000 contracted independent insurance agents nationwide.

Participated as one of three company employees classified as knowledgeable in Due Diligence process in the acquisition of BHC Marketing, Ltd. by Futurity First Insurance Group in 2010.

Participated in the design and application-of-use for the company’s custom data base and website. (BHCMarketing.com)

Managed semi-monthly payroll including gross pay calculations for top level marketers.

Supervised staff of four accounting support professionals.

Controller Jun. 1997 – Mar. 2003

Rigaku/MSC, Inc. dba Molecular Structure Corp. – The Woodlands, TX (Annual Revenue 52M)

Manufacturer and world leader in fields of X-ray spectrometry, X-ray diffraction, X-ray optics and small molecule and protein crystallography equipment.

Enforced all internal controls.

Managed internal and external financial reporting.

Developed and introduced Employee Performance Review Program.

Developed and introduced Employee Bonus Plan.

Introduced and implemented “Fully Absorbed Cost” standard cost system including burden and labor calculations.

Performed all cost accounting functions for over 5,000 components and assemblies.

Managed financial aspects of merger between Rigaku USA, Inc. (Danvers, MA) with Molecular Structure Corp. (The Woodlands, TX).

Participated in Due Diligence process in the acquisition of Osmic, Inc. in 1999.

Administrator of American Express Corporate Card Program with over 100 participants.

Prepared budgets and comparisons of actual vs. plan financial performances.

Signatory on five USA, two Canadian, and two United Kingdom bank accounts.

Managed sales tax reporting for nineteen states.

Managed cash for all domestic and international operations.

Managed all company’s “system sales” progress billing, and sales recognition.

Managed accounting software package, which consisted of three databases and multiple currencies.

In-charge of all customer credit management decisions.

Prepared annual audit package for presentation to the Deloitte and Touche auditing firm.

Prepared annual tax reporting information for US Federal and US State income tax returns.

Provided information for United Kingdom Branch Corporations tax reporting.

Consolidated financials for USA, United Kingdom, and Canadian operations.

Supervised staff of six accounting support professionals to consistently obtain goals.

Controller Dec. 1987 – Apr. 1997

Dover Resources, Inc. dba Ferguson Beauregard – Tyler, TX (Annual Revenue 10M)

Manufacturer of self-contained plunger lift systems and electronic controllers.

Maintained all internal controls

Developed and introduced Employee Credit Union.

Introduced and implemented 401K Employee Benefit Package

Established successful link of EDI software to custom in-house billing software for ANSI Standard 810 invoice, and established Electronic Data Interchange trading partnership agreements with five major oil companies.

Made and supervised collection calls pursuing past due customer accounts. Maintained average day’s collection between forty-five and sixty days with total bad debt in nine years being less than .0015 on all credit sales.

Created exhibits for acquisition of Ferguson Beauregard by Dover Resources.

Designed and coordinated accounting function in merger with Logic Controls.

Designed and implemented activity based standard cost system.

Developed LIFO cost system of inventory for tax purposes.

Designed and implemented custom physical inventory counting software system, custom purchase order system software module, custom branch warehouse order system and twenty user PC and Novell Network for accounting and manufacturing usage.

Performed financial Due Diligence in the successful acquisition of software source code for a new automation product line.

Prepared detailed analysis of operations data book for internal reporting.

Provided summary of operations report to division President and Treasurer.

Supervised staff of four with sixteen additional network users of the accounting system.

Made all customer credit management decisions for over 1000 active accounts.

Performed Novell System Administrator function with no more than two total down days from 1991 to May 16, 1997.

Signatory on all operating bank accounts.

Prepared detailed annual business plan and follow-up with monthly variance analysis.

Revised standards for over 1000 manufactured components and assemblies.

Produced year-end reporting package for external auditors such as Coopers and Lybrand.

Prepared and completed year-end Tax package.

Controller Sept. 1985 – Nov. 1987

Monarch Lift Systems, Inc. – Spring, TX

Manufacturer/Distributor of gas lift production equipment.

Inventory Controller Mar. 1984 – Aug. 1985

Dual Systems Corporation – Berkeley, CA

Manufacturer of S100 Mini Computers

Manager Jul. 1979 – Feb. 1983

Radio Shack Div., Tandy Corp. – Oakland, CA

Retail Outlet #3289

Education

BS Business Administration Accounting Option

Cal State University East Bay

Hayward, CA

AA Business Administration

Walla Walla Community College

Walla Walla, WA

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