Daniel L. Kwaske

Controller

adxwxa@r.postjobfree.com 838 Meadows Dr., Jackson, MI 49203 517-***-****

Accounting systems / Process Improvement / Financial Analysis

20+ years providing cost-effective, revenue generating financial and workflow improvements with expertise in starting and improving corporate accounting systems, cost management and inventory operation management.

Immediate Value Offered

Accounting Functions – Ensures daily, monthly, and yearly accounting activities are performed and completed accurately and in accordance with GAAP, and corporate policies and procedures. Supervise corporate payroll and tax functions, inventory reconciliation, and cost management; confirm all procedures are completed accurately and in a timely manner.

Financial Management – Generate, analyze, and present financial reports that benefit Work closely with executive and business owners, advising key decision making, business development and process improvement activities. Provide budget development and financial forecasting strategies.

Operations Management – Train and lead all team members within the accounting and finance departments. Communicate and build effective relationships with team members, management and vendors including banking, auditing, and legal professionals. Demonstrated success in reducing costs and improving cash flow at every position held.

Core Competencies

Financial Statement Preparation

Month and Year End Activities

Analysis & Recommendation

Fixed Assets

Cost Accounting

Problem Resolution

Accounting Department Start-Up

Budget Development

Journal Entry & Adjustment

Account Payable / Receivable

Corporate Payroll and Taxes

Inventory Reconciliation

Team-Building Leadership

Relationship Management

Cost & Process Improvement

Presentation & Negotiation

Detail and Accuracy Driven

MS Office Suite Proficient

Professional Experience

DK Consulting, Jackson, MI - Controller - 12/2019 to present

Provided accounting direction and support for family-owned construction & manufacturing Companies. Collaborating with clients for month-end completion, financial statement preparation, cost accounting, cash flow projections, budgets, analysis & recommendation, journal entry & adjustment, account reconciliations, account payable/receivable, inventory and inventory reconciliation and fixed assets. Providing accounting and finance services for companies from $500k to $2mm in sales.

Elm Plating Company, Jackson, MI – Controller - 04/2008 to 12/2019

Acts as Controller for this $30 Million company specializing in high-volume production metal finishing, providing various finishing services to auto, auto related and other industries.

Set up and lead accounting and financial operations, and three accounting clerks for this 150-employee organization. Prepare budgets, monthly and yearly closing statements, account reconciliations, journal entry adjustments, and all accounting. Summarize and forecast business activities and financial positions in areas of income, expenses and earnings and present monthly, quarterly, and annual reports. Manage cash flow projections, labor reports, accounts payable, accounts receivable, payroll tax returns and fixed assets. Advise owners on critical financial decisions.

Key Achievements:

Reduced company debt by $4 Million

Drastically reduced operating costs by $2 Million.

Developed financial statements instrumental in analyzing trends and monitoring daily operating costs.

Established and maintained a successful banking relationship; negotiated line of credit with bank.

Ernest Kwaske Construction Company, Jackson, MI Controller - 05/1986 to 09/1989 & 09/1993 to 04/2008

Provided accounting direction and support for this family-owned company with $5 Million in annual sales in home, commercial and industrial property construction services.

Directed all accounting functions including general accounting, cost accounting, and month-end and year-end activities. Provided input on long-range costs and goals of new project cost projections. Prepared and analyzed balance sheet, income statement, yearly budget, labor and material journal entries, cost summary reports, and performed materials audits. Reviewed and analyzed job cost summaries, reported problem area variances, and made improvement recommendations to management. Set up lines of credit, company benefit plans, and new computer system. Performed accounting functions including payroll, taxes, accounts receivable and payable and fixed assets.

Key Achievements:

Implemented cost accounting system and led cost accounting department.

Changed billing procedures and improved cash flow by 35% ($25,000-45,000 per month); implemented billing per completed area instead of entire job.

Developed inventory system and performed annual inventory reconciliation.

Michigan Automotive Compressor, Inc., Parma, MI - Supervisor, Accounting and Finance - 09/1989 to 08/1993

Served as the Accounting and Finance Supervisor for this $150 Million world-class manufacturer of air conditioning compressors: a joint venture company between Denso Manufacturing and Toyota Automatic Loom Works for Japan.

Set up an accounting system, implemented and maintained a standard cost system, and upgraded accounting software for this start-up company. Prepared balance sheet, income statement, month and year-end activities, and cash flow projections. Oversaw all areas of accounting and finance operations and provided input on long range cost goals and new product cost projections; analyzed variances and made recommendations to top management on inventory and cost reduction issues.

Key Achievements:

Increased cash flow 30% ($1.7 Million) per month after negotiating with customers to wiring money instead of mailing checks.

Instituted permanent general accounting system using Mapics.II and Mapics.DB, Oceans for the cost account system and Software Plus for payroll which eliminated the need for two clerks to just one clerk.

Established semi-annual inventory and supervised physical inventories.

Calculated, analyzed, and reported actual, forecast, and budgeted manufacturing spending and product cost.

Key Achievements:

Implemented cost accounting system and led cost accounting department.

Developed inventory system and performed annual inventory reconciliation.

Educational Background

Bachelor of Science Degree in Business Accounting

Central Michigan University, Mt. Pleasant, MI

Technical Skills

Sage 100 Accounting Software, Visual Shop ERP System (https://visualshop.com/), Crystal Reports, Mas90, Quick Books, ADP Payroll, Word, Publisher, Excel, Mapics, Solomon and Oceans

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