Set Up Fixed Asset

Raymond Blaquiere

*** ********* *****

Hicksville New York 11801

Cell Phone Number 516-***-****

Home Phone Number 516-***-****

Controller Slant Fin Corporation January 2006-July 2022

Supervise six people including Accounts Payable and Receivable Managers. Worked with Credit Manager on Borrowing Base with the bank on a weekly basis. I had to insure we had to have enough funds for the daily wire transfers and check requirements. The Accounts Receivable Manager insured that the funds were available for checks issued. On a monthly basis I gave an aging report to the bank which included non-eligible receivables including Inter Company transactions with our subsidiary in Canada.

Worked with the Cost Manager to insure we keep the CFO updated on increased prices for commodities such as steel, copper and aluminum. We are on standard cost inventory so it was imperative to monitor the purchase price variance on these commodities every week. Worked with the Human Resource Managers to transfer 401k contributions and loans for the employees. The bank would notify me of new loans from employees and I updated the Payroll Manager with the information so she could add the loans to her payroll file. The Fixed Asset and Project Accountant would give me an update on the new projects needed to add to our Fixed Asset System. The Payroll Manager would maintain the hours spent on projects and I would update the cost which, when the Tool Manager said it was complete, we would add to our fixed asset list and close projects. This information was given to our auditors at fiscal year end. Responsible for updating workers comp insurance rates with the State Insurance Fund, we monitored it by code and audited once a year

General Accounting Manager March 1993 - January 2006

Responsible for updating the ADP payroll system from worksheets to PC interface where I was able to start using Report Smith to gather the information for the auditors and be able to aid the CFO with up-to-date information on employees which was able to give us bonuses and increases on an annual basis. This information was updated in the master control which aided the Human Resource Manager with hiring or promoting the employee. I worked with the Budget Manager to set up a better cash system. I reported the information to the CFO for cash availability. The Budget Manager set up the report in Access. This originally was done manually and was never correct due to volume of transactions. I set up the Fixed Asset Program in an A program similar to dBase 4 which I was used to. I had to record history of assets for the last 20 years. When it was completed, we had a complete Fixed Asset program.

Responsible for monthly and quarterly financials to the CFO including subsidiaries that had to be updated in QuickBooks. I prepared elimination entries for consolidation which included minority interest in our painting operation at the Glen Cove operation

Cost Accountant February 21 1991 - March 1993

Hired to set up operation history file and efficiency reports for production workers, update the Pansophic Cost System to include costing on the labor being performed. They were on an actual cost file I set up with industrial engineers which recorded standard performance hours for each employee. The bill of material had to be updated to include costing on the routes by operation. Worked with Engineering to establish a new computerized bill in order to have the costs rolled up at each level within the bill in order to ensure the bill was correctly bought for costing and manufacturing. The CEO established a price structure using multiplier of price through the actual cost of manufacture. It was up to me and my team to make sure the pricing policy was adhered to and set up a sales report that recorded price deviation of 10% on any of our major products. Our margin reports were updated to include all the labor and overhead costs to the file. This was given to our sales managers so they could make sure their margins were at the profit level that management wanted for the product groups being manufactured in Greenvale and Canada

Swingline Inc Cost Supervisor – October 1986 – January 1991

Control 35 MM Physical Inventory for two major plants. Schedule Audit and Manning Requirements to prepare for annual inventory. Responsible for Product Costing and maintenance of bill of materials. Aided in conversion of Mapics System IBM 38 equipment. Started perpetual Inventory transactions with production control manager in order to improve inventory turnover and shop floor control. Started labor transactions in system updating routing and costing in order to control labor efficiency through work orders issued to production departments. Prepare monthly journal entries for general ledger to record manufacturing variances for the two plants. Responsible for manufacturing budget using Lotus 123 to capture actual and budget statistics by cost center for each plant. Set up cost projects to determine make or buy decision. Supervise 3 clerks who maintain Capital projects and maintenance of bill of materials when updated by Engineering coupled with intercompany billing.

Gypsum Floors of New York Controller - F.C. Bookkeeper November 1984 - October 1986

Responsible for all financial controls and information to the President of Gypsum Floors and executive management of Key Bank of North America. Prepare general ledger on Business Library system setting up billing to contractors and entries from paycheck for payroll and update vendor file for payments to sub-contractors. Controlled job costing by project number for billing purposes. Maintained strict cash flow to determine cash requirements and expedite checks from contractors, even had to collect checks in order to make payments on a timely basis. Set up yearend budget on Lotus 123 for proposed contracts and costs associated with contracts. Prepared controllers report recording variable and fixed cost to record company profitability.

Tork Inc. - Assistant Controller Cost Supervisor July 1977 - October 1984

Responsible for maintaining accurate costs for corporate and subsidiary ledgers. Supervised cost department in corporate office and at plant locations, including Canada and Mexico. Had to set up budget for the Mexican operation in Mexico City. I hired an accounts receivable accountant to manage billing and interoperate the language requirements. Supervised three cost employees, one accountant and two clerks. They were there to make sure they got accurate information off the shop floor to record an operation history file thereby being able to update our standard cost In the ManMan System. Also, we were able to give the plant manager and accurate report of standard, versus actual hours worked using performance hour reporting. The plant manager used this to control the employees on the shop floor to make them more efficient in their operations. Prepared monthly consolidation reports for all three plants, recording variations from standard to the CFO and President. I was responsible for updating new products with the Production Manager and informing the Sales Manager of the margin expected on new products.

Education: B.B.S. Baruch School of Business

Contact this candidate