Richard J. L’Heureux

***** ***** ****** **. ********, Mi. 48170

Home: 734-***-**** Cell: 586-***-**** Email: ado49p@r.postjobfree.com

PROFESSIONAL PROFILE

Technically oriented executive with proven record of management

Accomplishments in various segments of a manufacturing/distribution industry

Purchased companies and secured financing both long and short term

Installed new ERP (Enterprise Resource Planning) and Financial Systems

Generated sales from $800,000.00 to $6.2 million in 5 years including long term contracts

Familiar and compliant with SBA (Small Business Administration) and commercial loans

Managed a company as DIP (Debtor in Possession) during bankruptcy as General Manager

PROFESSIONAL EXPERIENCE

SAKTHI Automotive Group (DETROIT, MI) 2019-2020

SENIOR FINANCIAL MANAGER

BASIC FUNCTIONS:

Work with new CFO to fix various company problems

Work with Manufacturing Manager to develop a “work in process” program to capture month end WIP

Work with the minority stockholder to purchase remaining stock with Federal Court Approval

Work closely with Federal Court-appointed Receiver during operational turnaround

Work on sale transaction

oSale motion fell thru when the largest customer (80%) pulled out

FINANCE:

Review State of Michigan Tax Audit covering 2014 through 2017

oChargeback of $880,000

oDebited reduction to $85,000

Structure finish goods inventory counts on a monthly basis

Recover monies owed covering unpaid invoices from 2015 through 2019.

Review all gross profit margins on current and future part sales

Review all new RFQ for new parts

Set up new internal controls for Purchasing, manufacturing, accounting, receiving and quality control

Led the installation of an Oracle-based ERP system

Management Consultant 2016-present

Consultant to all phases of the manufacturing industry

DELTA GEAR, INC. (LIVONIA, MI) 2005-2016

GENERAL MANAGER AND CONTROLLER

BASIC FUNCTIONS:

Responsible for general management of the Company

Provides general supervision of the manner in which business is conducted and has the responsibility for carrying out all orders from the President

FINANCE:

Responsibilities for operation of an effective system of accounting and budget controls over activities in the following areas:

oPayroll - preparation and journals

oAccounts Receivable and Accounts Payable

oPayment schedules and credit and collections

oForecast cash flow and budgets

oApproval of bank reconciliations for general and payroll accounts

oAnalyze all financial statements, preparation and variances

oVendor/Customer interface where required

oMaintains a relationship bank personnel and public accountants

oReview all completed jobs for margins and future cost reductions

PRODUCTION SCHEDULE:

Participate in monthly production forecasts, coordinating with manufacturing manager regarding customer due dates, overtime, outside services, cost reductions and cash forecasting

SALES:

Responsible for coordination with sales department covering all quotes, customer interface including payment terms

ENGINEERING:

Coordination with chief engineer on customer priority and designs

TIFCO GAGE & GEAR, INC. (WIXOM, MI.) 1995-2005

PRESIDENT/OWNER

Purchased Company with $800,000.00 in sales and increased it to $6.2 million

Installed Made to Manage™ ERP (Enterprise Resource Planning) with new financial system

Initiated and trained various personnel in Six Sigma with several green belts

Established a night shift with Quality department

Started a profit sharing and 401(K) Program

Developed a unique cash management/live budget program for small business

DETROIT DIESEL CORPORATION (DETROIT, MI) Prior Years

MANAGER OF AUDIT

Directed all operational and compliance audits

Developed and wrote operational audit programs to establish and monitor internal controls for a publicly traded company

Developed compliance audits in Company-owned or franchised distributors on a worldwide basis

oRecoveries exceeded $50 million

Developed special audit programs to recover or recommend better purchasing procedures

VOLUNTEER / COMMUNITY

2017, 2018,2019 and 2020 Plymouth Township Advisory Councils:

oTownship Economic Committee

oNew Development Committee

oMunicipal Financial Committee

Board of Directors chairman for a non-profit organization

MILITARY United States Army

References available on request

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