Robert A. Scott, CPA

*** ***** ***** ****** #*-**

Solana Beach, CA 92075

858-***-****

adymz1@r.postjobfree.com

Highly versatile, energetic hands-on professional with diverse and extensive experience in Controller, Financial Reporting, FP&A and Cost Accounting roles, in a variety of industries and settings ranging from large global publicly held companies to small venture capital and private equity backed start-ups

SUMMARY:

SEC Reporting 10-K,10-Q, 8-K, Proxy Statement Heavy Manufacturing Costing background

SAP ERP system implementations Budgeting / Forecasting / Strategic Planning

Financial Reporting / Modeling / Analytics Accounting / HR Department Management

Revenue Recognition, Leases, Derivative Accounting International Accounting / Consolidations

Financial Close Process Streamlining M&A Due Diligence / Acquisition Integration

Technical Accounting Research / Memorandum Cap Table Management / Investor Relations

Software expertise ranging from SAP to Quickbooks Passed CPA exam all parts 1st attempt 91% average

INDUSTRIES:

Medical Devices/Life Sciences / Retail Distribution / Aerospace / Electronics / Semiconductor Capital Equipment / Dental / Orthodontics / Real Estate

PROFESSIONAL EXPERIENCE

PriceSmart Inc, San Diego, CA 06/21-present

A $4 billion public company operating 51 membership shopping warehouse clubs in Central America and the Caribbean

Accounting Consultant-SAP S/4HANA ERP System Implementations 08/22-present

Accounting team leader for SAP implementations for new compostable plastics manufacturing plant in Trinidad and for multiple bakery sites in Costa Rica, as initial steps in migrating PriceSmart from legacy JD Edwards system to SAP.

Designed accounting flow and configuration for standard costing system, including interfaces from JDE to SAP for daily currency exchange rates import, raw material and expense balance transfers, and post production transfers of variances and finished goods balances from SAP to JDE.

Defined, tested and verified accuracy of master data items for PP, MM, FI and CO modules including Material Masters, BOMs, Work Centers, Routings, Production versions, Chart of Accounts, Cost Centers and Cost Center Groups

Trained and educated PriceSmart senior executives, management and support staff with exclusively retail and distribution backgrounds on cost accounting concepts and processes applicable to manufacturing operations

Led weekly team meetings, established and tracked/followed up progress with assigned team action items.

Led end to end testing for cross-functional team as demonstrations of team competence in performing daily recurring and period end functions

Designed overhead rates models utilizing both machine and labor hours as activity bases.

Drafted variance capitalization procedure for external financial reporting requirements and monthly journal entry preparation

Financial Reporting Consultant-SEC Reporting 10/21-8/22

Participated in generation and review of all company SEC filings, including 10-K, 10-Q, 8-K, and proxy statement, including preparation and review of financial statements, footnotes and supporting disclosures and exhibits. Responsible for generation and roll-forward of Certent Disclosure Management Excel/Word linking packages for upload to SEC

Prepared press releases for 8-K events and quarterly 10-Q/10-K filings and assisted with CEO/CFO narratives for quarterly earnings calls and various other scripts

Compiled monthly financial e-book binders utilizing TM1 for distribution to executive management

Responsible for managing monthly intercompany eliminations process. Provided variance detail and coordinated with controllers in 11 countries to ensure all balances eliminated timely for consolidation

Prepared JEs and reconciliations for derivative forward currency hedge contract settlements and quarterly mark-to-market adjustments as well as various monthly corporate topside adjustment JEs

Supported annual audit and quarterly reviews providing balance sheet and income statement fluctuation analyses with detailed commentary

Performed technical accounting research and prepared accounting memorandum for Board of Directors

Prepared various ad hoc projects for CFO and Board of Directors including analyses of company metrics vs peer group, dividend declaration memo, annual report letter to stockholders, SEC form 4’s recap for insiders, ESG reporting presentation and schedules for proxy statement

Utilized Certent Disclosure Management, IBM TM1 Production Analytics for Excel (PAX), TM1 Web, ControlWORQ, ReportWORQ, JD Edwards, Chatham Financial, Bloomberg

FP&A Consultant 06/21-10/21

Supported annual budget and quarterly rolling forecast processes utilizing TM1 Planning Analytics for Excel (PAX). Responsible for creating, modifying, and updating templates used for generation of workbooks used for budget and forecast submissions and for reporting to executive management and BOD

Responsible for total company G&A expense reporting and analysis. Created TM1 model for variance analysis of expenses vs budget, forecast, and prior year. Investigated significant variances for all business units and prepared slide deck and reporting package with detailed commentary and bridges/walks for monthly finance operations review meetings

Performed fluctuation analyses for balance sheet and income statement accounts for all business units

Compiled e-book budget and rolling forecast binders for distribution to senior management

Created TM1 inventory forecasting model enabling accurate projections of inventory balances by country by month incorporating seasonality fluctuation factors and other variables

Developed new clean-look format for all TM1 financial statements and reports

Assisted with executive narratives for discussion of monthly operating results and various other scripts

Assisted VP FP&A with various ad-hoc projects and analyses

Illumina Inc, San Diego, CA 12/20-06/21

A $3 billion public global industry leader genomic sequencing medical device company

Accounting Consultant

Interim backfill role for Equity Accounting Manager LOA; responsible for all equity and debt accounting and reporting, stock based compensation, financial statements, cash and investments, and derivative hedges

Managed two senior accounting analysts; reviewed and certified all monthly Blackline JE’s, account reconciliations, SOX internal control tasks, and account fluctuation analyses

Supported SEC reporting process through review and approval of footnote disclosures prepared by team and tie-out and certification of final consolidated financial statements used for 10K and 10Q filings

Responsible for review and certification of cash flow statement, including all inputs/disclosures

Certified quarterly weighted average share count for primary and fully diluted Earnings per Share

Certified ESPP stock unit valuations and performance stock unit (PSU) accounting

Reviewed and certified Statement of Stockholders’ Equity and related disclosures

Responsible for bonus, commissions, and deferred compensation calculations, JEs and reconciliations. Also responsible for accruals for AP cutoff, self-insurance lag triangle for medical insurance, and audit/tax fees

Performed quarterly debt conversion criteria review, fair value calculations, loss on extinguishment of convertible debt calculations, and approved all debt entries, reconciliations, and SEC schedules/footnotes

Maintained SOX internal control narratives and testing documentation for financial close process, financial statements, equity accounting, stock based compensation, cash and cash equivalents, investments, derivative FX hedge process, debt process and AP cutoff / judgmental accruals

Responsible for review and certification of post close adjustment log and SAB 99 analysis and memo

Prepared quarterly analysis of $2 billion investment portfolio reflecting equity method accounting and mark-to-market fair value adjustments and impairments. Reviewed and approved SEC schedules/footnotes

Participated in quarterly reviews and annual audit, including SOX controls testing and certification

Utilized SAP ECC, Blackline, Cognos TM1/BI, Soxhub, Equity Edge Online, Clearwater, Bloomberg

``

Home Bay Technologies Inc, San Diego, CA 11/19-04/20

A venture capital backed startup software based real estate brokerage, escrow and mortgage company

Controller

Corporate controller role reporting directly to Executive Board Chairman and CEO

Hybrid, hands on function responsible for all company Finance and Administration, including FP&A, HR and payroll, 401(k) plan administration, investor relations, banking, cash management, insurance, audit, legal and tax

Generated complex forecast models, projecting growth plans and cash position for presentation to Board of Directors and potential new venture capital/private equity investors

Responsible for cap table management and reporting (Carta), including issuance of new shares and option grants, repricing of existing options, maintaining documentation of board/shareholder consents, and modeling dilution, impact on share price, and other effects of new financing rounds

Absorbed HR and payroll function and managed 50% RIF pre Covid-19 to scale back multi-state operations to CA only. Managed Covid-19 RIF/furlough and generated SBA PPP and EIDL loan application packages.

Supervised Staff Accountant (AP, invoicing, cash receipts, JE’s, bank reconciliations, admin and investor relations support)

Position eliminated due to company insolvency and inability to obtain financing to adequately extend runway, resulting from lack of industry acceptance of software product combined with the impact of Covid-19 on the real estate market. Declined offer to eliminate the staff accountant position and be solely responsible for all clerical accounting and administrative functions

Meggitt Control Systems, a division of Meggitt PLC, San Diego, CA 08/17-11/19

A $60 million division of a $3 billion public global aerospace manufacturer

Senior Financial Analyst IV/Assistant Controller

Complete ownership of site FP&A function role in rigorous, global Finance matrix organization

Responsible for all financial reporting, budgeting, quarterly reforecasts, variance analysis and MD&A

Managed aggressive 2.5 day close utilizing SAP ECC FI/CO and BFC/BPC

Utilized complex financial models involving large data sets for evaluation of business case scenarios

Finance team lead for implementation of new revenue recognition (IFRS 15/ASC 606) and lease accounting (IFRS 16/ASC 842) standards

Development of annual standard costs for material, labor, and overhead/engineering rates

Finance team lead responsible for site implementation of SAP Business Planning and Consolidation (BPC)

Supported development of forward pricing strategies on new and existing products

Managed internal and external audits. Prepare annual tax packages. Provide support to Engineering/PMO

Provided direction, mentoring and technical guidance to financial analyst II and finance intern

Lancer Orthodontics International, Vista, CA 12/15-07/17

An orthodontic and dental supply manufacturer and distributor

Controller

Corporate Controller role responsible for providing hands-on financial leadership and direction in turnaround attempt for orthodontics manufacturer/distributor with subsidiary Mexicali maquiladora

Identified cost reduction opportunities, developed actionable profit/cash flow improvement plans, managed banking relations and loan compliance, including generation of borrowing base certificates, loan renewal applications and supporting documentation, and management of collateral and EXIM bank audits

Performed all accounting functions, including financial statement generation, budgeting and forecasting, maintenance of standard costing system, audit and tax, AP, AR, payroll/benefits administration, and treasury and cash management

Provided direction to Accounting Associate and Mexicali Accounting Manager. Reported to COO

Datron World Communications Inc, Vista, CA 08/14-12/15

A $50 million defense contract manufacturer of tactical military electronics communications equipment

Accounting Consultant

Provided senior level expertise in turning around accounting department performance following dramatic downturn in business from $170 to $30 million in revenue

Reduced close cycle from 12 to 5 days, implemented rolling 12 month forecast, automated generation of the monthly financial reporting package, established robust month end close and account reconciliation procedures, and developed overhead rates model for inventory valuation, contract proposals, and project costing

Prepared companywide budgets and forecasts using collaborative budgeting tools

Responsible for all financial reporting and analysis for the company, including the monthly financial narrative (MD&A), generation of annual audit and tax packages and weekly cash forecast

Provided direction to Staff Accountant and AP specialist

Scott Consulting, San Diego, CA 08/09-08/14

Provided support to small business clients in the areas of budget/expansion plans and tax planning.

Directed Electronics Inc, Vista, CA 07/08-07/09

A $325 million public company specializing in the design and distribution of consumer electronics.

GL Accounting Manager

Responsible for implementing rapid and efficient month end close process, reducing close cycle from 12 days to a consistent 5 days within the first 3 months

Supervised GL team, reviewed and approved all journal entries, account reconciliations, and SOX 404 internal control compliance documentation

Generated/analyzed internal financial statements used for 10Q/10K and assisted with preparation and review of 10Q/10K filings and supporting footnotes and disclosures.

Provided support for FP&A, financial reporting, tax, and external/internal audit.

Position eliminated as part of large companywide RIF resulting from NASDAQ delisting and exiting a major strategic market.

CoorsTek Inc, Hillsboro, OR 02/02-12/06

A $500 million manufacturer of industrial ceramics

Group Controller – Global Semiconductor Group 01/04-12/06

Plant Controller/Cost Accounting Manager - Oregon Operations 02/02-01/04

FP&A / Cost accounting focused role providing decision support for $100 million semiconductor division with multiple manufacturing sites including Korean subsidiary.

Prepared and analyzed group financial statements, maintained GL and standard costing system, researched variances, and maintained an effective balance of support and enforcement with site management teams.

Responsible for inventory valuation, including book to perpetual, excess & obsolete and LCM reserve analyses, cycle count analyses, and periodic full physical inventories.

Drove rapid close process, managed all site SOX compliance, and acted as primary liaison for audits

Responsible for budget and forecast, capital expenditure analyses, and audit and tax reporting packages.

Provided direction to shared services A/P, A/R, and GL teams.

Implemented daily margin query research tool for systematic identification of gross margins out of tolerance and costing issues requiring correction to BOMs or product routings.

Prepared analyses of inventory reserves and performed periodic standard cost updates/revaluations.

Implemented weekly dashboard of key metrics/variances enabling timely correction of anomalies.

Position eliminated due to severe Semiconductor market downturn and companywide RIF/reorganization.

. EDUCATION / CERTIFICATION:

University of California, Santa Barbara B.A. Business Economics with Accounting emphasis, GPA 3.5

Passed all 4 parts of CPA exam on first attempt with average score of 91%

Current active CPA (CA), license #135805

Contact this candidate