Controller
Resume:
Jeffrey E. Hernandez, CPA (inactive) ***** Ridge View Drive • Santa Clarita, California 91387
***********************@*****.***
ACCOUNTING PROFESSIONAL
Senior-level financial executive with quantifiable achievement. Combine strategic, and tactical financial expertise with strong qualifications in all areas of accounting. Instrumental in achieving significant cost reductions, and revenue/profit improvements through process reengineering, team building, and leadership expertise. Uphold highest standards for ethics and quality. Thrive under pressure. KNOWLEDGE AREAS
Strategic Planning • Operations • Policy Development • Process Development / Reengineering • Audits • Regulatory Compliance • Financial Reporting • Budgeting • Staff Development & Training • Sales & Marketing • New Business Development • Supply chain management • Risk Management • Asset based lending • SBA debt • LOC debt • 401K administration CAREER TRACK PERFORMANCE DRIVING FORCES
CONTROLLER MAY 2023 – Oct 2024
HYDRAULICS INTERNATIONAL, INC. Chatsworth, California OEM air and ground support equipment for Aerospace and Defense Industry. Annual revenue 130 million
Accounting department manager, supervise 7 staff.
Working capital and cash flow managing
Manage month/year end close of accounting cycle.
Critical supplier credit management.
Product and period costing analysis to support overhead calculations for large suppliers Boeing, Lockheed, Department of Defense (Air Force, Navy)
Manage annual audit, including ASC 606 revenue recognition.
Supervisor all other required reporting. Sales and use tax, insurance audits, business property, etc.
Evaluate customer credit information.
Lead individual in banking, tax, audit, and other professional relationships CHIEF FINANCIAL OFFICER APRIL 2013 – February 2022 ADVANCED CLUTCH TECHNOLOGY Lancaster, California
OEM of high performance after-market automobile clutches, flywheels, pressure plates.
Managed accounting and payroll departments
Working capital management
Completed month end general ledger close in 5 working days
Prepared annual budget. Variance analysis
Developed operational and financial metrics
Reduced company cash conversion cycle from 155 days to 90 days.
Designed and implemented new blanket purchase order system for major offshore suppliers.
Reduced inventory 25% while increasing product fill rates.
Developed production capacity and max inventory analysis.
Company 401k plan administrator
Responsible for all aspects of risk management including commercial insurance, OSHA, payroll law.
Banking relationships. Negotiation and management of new and existing SBA and LOC debt. CONTROLLER 1994 - 2011
ROBERT ALLAN SPORTSWEAR-GARMENT MANUFACTURING Valencia, California Managed and coordinate financial statement reporting for internal and external use. Prepared company annual budget forecast and performed monthly variance analysis.
Developed numerous new products and strategies to increase company revenue 300%.
Represented the company as the National Sales Manager including trades shows across the country.
Coordinated all activity for annual financial statement audits for asset based lender.
Prepared required monthly schedules for reporting to bank for debt covenants.
Negotiated more favorable payment terms with suppliers resulting in improved cash flow.
Managed all aspects of company sales to largest clientele (Wal-Mart, Kmart, Sams Club, Dollar stores, Meijer) including product pricing, scorecard compliance, inventory control, and functioned as lead contact. Supervised and managed more than twenty sales representatives nationwide.
Planned, implemented, and managed EDI integration decreasing average days receivable, and dramatically lowered charge backs.
Increased gross profit 4% by lowering raw material costs with suppliers, and helped the company grow 300 percent in revenue within five years.
ACCOUNTING DEPARTMENT MANAGER 1992 - 1994
CAITAC CORPORATION-GARMENT PROCESSING AND FABRIC MANUFACTURING Gardena, California Two hundred thousand square foot factory ran 24 hours a day six days a week.
Consolidated monthly financial statements integrating seven departments
Prepared monthly budgets by department applying activity-based costing principles.
Analyzed and reported operation results to parent company in Japan
Developed Injury Illness Prevention Plan and Cal-OSHA compliance strategies
Managed accounting staff and coordinated all aspects of financial statement preparation
Selected and implemented production control systems software that reduced inventory shrinkage by three percent.
Managed in-house company payroll transition for over 100 employees resulting in cost saving in excess of $20,000 annually.
CONTROLLER 1990 - 1992
SOLTRONICS, LTD.-COMPUTER PERIPHERAL MANUFACTURER San Diego, California Developed all department accounting policies for startup company.
Created consolidated reporting format for German subsidiary
Responsible for A/R, A\P, Payroll, and all general ledger activity STAFF ACCOUNTANT 1988 - 1990
KPMG PEAT MARWICK Los Angeles, California
Audited financial statements for publicly-traded companies in adherence of GAAP and GAAS. LEARNING CREDENTIALS
BACHELOR OF SCIENCE - ACCOUNTING 1986
University of Arizona Tucson, Arizona
CERTIFICATES & LICENSES
Certified Public Accountant.
Financial Industry Regulatory Authority (FINRA), Registered Representative Series 6 &63 COMPUTER COMPETENCIES
Excel • Word • Outlook • MAS90 • Realworld • Peachtree • QuickBooks • Sage200
Contact this candidate