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Internal Controls Corporate Finance

Location:
Saint Joseph, MO
Salary:
36000
Posted:
July 12, 2023

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Resume:

Professional Experience

Chief Financial Officer MK Minerals Aug 2018 – Dec 2022

MK Minerals is a small privately owned fertilizer company with annual sales of $8 million.

Initiated internal controls to assure recognition of revenue and expenses in the correct period

Supplied management with period cash flow statements.

Supplied management with monthly financial analysis of operating results.

Financial lead in due diligence reporting in successful sale of company

Consultant Gateway Packaging Mar 2018 – Apr 2018

Assist in transition of sale of Company. Intermediary in moving financial data from Purchased Company to Purchaser.

Controller Gateway Packaging Nov 2015 – Mar 2018

Gateway Packaging is a privately-owned manufacturer with annual sales of $100 million. The primary product is bags for pet food wholesalers.

Initiated, refined, and enhanced reporting procedures between departments and corporate resulting in the following:

oMore accurate, efficient physical inventories.

oReduction of production D.T. due to inventory outages.

o Reduction of inventory.

oPositive cash flow.

oIdentification of efficiency trends, material, and labor by departments and individual machines within departments.

Assumed responsibility for A/R corporate collection process.

Reduced over 120 days past due invoices by $1.2 million in 9 months.

Initiated MRO inventory process at Kansas City facility.

Qualified facility for Missouri WIN program netting $250,000 in benefits over 6 years.

Controller Transcontinental Packaging Sept 2014 – Sept 2015

Transcontinental Packaging is a flexible packaging manufacturer with sales of $80 million. The facility, located in Southwestern Missouri, was purchased by Transcontinental in May, 2014from Schreiberfoods.

Facility lead in the conversion of the Financial system from Schreiberfoods to Transcontinental Packaging.

Developed reporting structure to corporate (monthly financial package).

Key player in the implementation of ERP system. Building Cost Structure.

Lead in developing and implementing internal controls for the facility. Critical for compliance of Canadian SOX reporting.

Hired cost accountant to analyze, facilitate, and report information from ERP system. Reporting both to management and shop floor.

Controller Con Agra Foods Corporation Sept 2007 – Sept 2014

Con Agra Foods is a food company with revenue of 15.5 billion. Present position is with a canning plant. Responsible for the budgeting, analyzing, and documentation to platform finance of monthly operating variances to plan. Also prepared detailed forecasts based on information from plant, corporate, and economic trends. Supervised a staff of 3 professionals.

Financial lead for enterprise system installation and conversion in 2009

Financial lead for forecasting system implementation in 2011

Liaison between brand and plant accounting. Analysis of current data with forecasting and new production development

Central to negotiating contract with co man partner ($100 million yearly volume)

Administrative manager for co man operation

Controller NewPage Corporation Oct 2004 – Jan 2007

The NewPage Corporation is a coated paper manufacturer consisting of four paper mills with revenues of $2.2 billion. Developed and presented to senior management the Rumford Mill annual budget/plan. Analyzed and documented to corporate finance monthly operational variances from plan. Updated mill operational forecasts monthly from current developments. Liaison between corporate finance and mill for standard and special reports. The development and maintenance of the financial records of the mill was accomplished with a staff of 5 professionals.

Financial lead for the Rumford Mill in taking public entity to private concern (February 2005)

Financial lead for the Rumford Mill in taking private concern to public entity (August, 2006)

Initiated reorganization of department, January 2005, for the purpose of efficient communication and greater organizational exposure of key contributors

Rumford Mill lead in SOX implementation and compliance documentation

Mill lead in identifying productivity projects for the purpose of analyzing, documenting, and presenting results

Ascertained and documented quarterly mill financials pertaining to the effective functioning of internal controls

Managed limited partnership for energy cogeneration entity located within the mill

Collaborated with corporate tax in reducing property taxes by 30% in 2006

Final financial approval on all capital projects of $1 million or less

Supplied financial support and expertise to eliminate potential litigation associated with coal inventory disputed

Controller MeadWestvaco Corporation Sept 1985 – Oct 2004

The MeadWestvaco Corporation is a forest products company generating $6.5 billion in sales. Developed and presented to senior management the St. Joseph plant annual budget/plan. With a staff of 6 professionals, analyzed and documented operational results and maintained all operational accounting activities. Financial lead for facility closure in December, 2004.

Financial lead for enterprise system installation and conversion in 2002(SAP)

Effectively benchmarked and monitored plant cost centers/departments for optimal performance

Designed and implemented inventory control system to minimize adjustments of W-I-P at annual inventory

Financial lead for implementation of payroll recording system

Supplied cost analysis for key production items to local and senior management on a yearly basis

Assumed management responsibilities for the materials department from 1995 to 2001

Member of the negotiation team for labor contracts with bargaining units at the plant

Assisted divisional task force in identifying labor intensive items for manufacturing at a Maquiladora facility

Education and Accreditation

Indian University, Bloomington, Indiana---Bachelor of Science---Accounting

Certified Public Accountant in the state of Missouri



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