Financial Controller

MELINDA NEWMIN, CMA MBA

**** ******** **** *********, ** 17601

Home 717-***-**** Cell 717-***-****

Email: ************@*****.***

SKILLS

ERP systems search, selection and installation. Job and process costing including variance analysis and POC accounting. Bank relationship management. International currency accounting and IFRS compliance. Capital budget development. Capital project justification. Operating budget development. Strategic planning. Manager of accounts receivable, accounts payable and payroll departments. Cash flow projections. GAAP financial accounting. Inventory control processes and cycle counting. Manufacturing operational process change and lean manufacturing. Task force team leadership. Sales, use, corporate income and federal excise taxes.

WORK EXPERIENCE

Finance Director/General Manager: Beta Tools USA LLC 2019 - Present

Managed the finance and operations departments of the US division of Italian hardware manufacturer Beta Utensili Spa.

⃘ oversee warehouse packing and shipping process ⃘ oversee human resources department ⃘ manage ecommerce sales activities ⃘ daily sales planning and tracking ⃘ daily and weekly profit and loss reporting ⃘ weekly cash forecasting ⃘ sales and use tax reporting ⃘ oversee division purchasing and receiving ⃘ oversee accounts receivable and accounts payable ⃘ month end closing process ⃘ manage all business insurances, property, liability, employee health ⃘ develop annual operating budget ⃘ product pricing development ⃘ oversee weekly cycle counts

Business Unit Controller: syncreon.US 2010-2019

Managed the accounting department for manufacturing subassembler in the automotive industry with plants in PA and MO.

⃘ daily manpower planning and tracking ⃘ daily and weekly profit and loss reporting ⃘ weekly cash forecasting ⃘ sales and use tax reporting ⃘ oversee plant purchasing and receiving ⃘ oversee accounts receivable and accounts payable ⃘ month end closing process ⃘ scrap materials tracking ⃘ quality metrics tracking ⃘ production line audits ⃘ manage property insurance ⃘ oversee 401K plans ⃘ develop annual operating budget ⃘ develop quarterly, monthly, and bi-weekly projections ⃘ union contract negotiations and costing ⃘ product pricing and costing ⃘ developed standardized capex tracking reporting used corporate wide ⃘ developed cost projection model used corporate wide ⃘ support plant operations management with costing and financial analysis

Controller: Komax Systems 2007 - 2010

Managed the cost accounting department for a company manufacturing highly engineered, custom solar power manufacturing equipment in a constantly changing, high pressured environment with installations in Pennsylvania, Malaysia, Germany, France and Portugal.

⃘ oversee accounts payable, accounts receivable, payroll and project cost ⃘ team leader for new ERP system ⃘ produce international consolidation reporting ⃘ assure adherence to US GAAP and IFRS ⃘ institute inventory cycle count process ⃘ oversee work order variance analysis ⃘ budgeting by cost center ⃘ automated POC projections and reporting ⃘ set up standard costing methodology ⃘ new product standard cost development ⃘ annual operational budget preparation ⃘ product costing and variance analysis ⃘ report budget performance and project status to global management ⃘ developed unique model for reporting POC data, presented at global Controllers' meeting in Luzerne Switzerland which became the global standard.

Controller: Herr Industrial, Inc. 2004 – 2007

Managed the accounting function for a mechanical contractor engineering, manufacturing and installing assembly lines predominantly in the Middle East and Asia.

⃘ weekly cash flow analysis ⃘ negotiate new lines of credit and cash management services ⃘ negotiate credit facilities with a new banking partner ⃘ manage MIS, payroll, accounts receivable and accounts payable functions ⃘ month end closing ⃘ financial reporting ⃘ member of innovation team tasked with developing new products. Succeeded in determining a product line with national (US) demand, low competition and low barriers to entry. Successfully launched a marketing program and grew the product line to $5M in sales in its first year.

Steel Division, High Industries, Inc. 2004 - 1990

Operations Analyst: ⃘ chair Capital Committee ⃘ develop and oversee annual capital appropriations plan of approximately $10M ⃘ install inventory control system in the Fleet Maintenance area ⃘ chair taskforce investigating spending overruns in the Field Operations department. identified savings of $300,000 per year ⃘ chair annual budget committee ⃘ annual operating budget ⃘ production planning, manpower staffing, overtime determination, materials acquisition planning ⃘ overhead and general and administrative expense planning.

Financial Analyst: ⃘ leader of paint variance investigation taskforce ⃘ Chair material variance taskforce ⃘ taskforce team member for implementing manufacturing job cost information system and general ledger package ⃘ team member of corporate Action Committee investigating and implementing process improvement projects. Committee obtained over 2,000 action items earning over $500K in cost savings ⃘ material variance tracking ⃘ analysis and review of proposed capital spending projects.

Accountant: ⃘ monthly and yearly closing of Fleet, Job Cost, Payroll and Sales systems ⃘ analysis of overhead and capital accounts ⃘ analysis of job cost material variances ⃘ team member implementing new job cost accounting system, including program development, debugging, and development of new procedures ⃘ Reporting of sales and use taxes ⃘ manage multistate sales tax audits ⃘ IFTA Fuel and road tax reporting ⃘ financial and management reporting.

Staff Accountant: ⃘ monthly financial statements ⃘ sales and use tax returns ⃘ budget performance analysis ⃘ job cost variance analysis ⃘ general ledger entry and reconciliation.

ADDITIONAL WORK EXPERIENCE

Professor of Accounting for Harrisburg Area Community College

Treasurer of Pennsylvania Chapter of the Myasthenia Gravis Foundation

Tax Preparer – United Way VITA program

EDUCATION

Master’s in Business Administration Lebannon Valley College

Certified Management Accountant Inst. of Management Acctng

Bachelor’s in Business Administration Shippensburg University

OTHER EXPERIENCE

Horse Management Judge for Blue Mountain Pony Club

Volunteer Lancaster Library System

Maximost Certified

SOFTWARE EXPERIENCE

Microsoft Excel – including macros

Microsoft Access – programmer

Microsoft Word Microsoft Powerpoint

Lotus for Windows BNA Fixed Assets

FAS Fixed Assets Oracle General Ledger and Payables

KAPES Estimating System Intellitrak Inventory Control

Oracle Discoverer J.D. Edwards World Accounting

SAP Enterprise Solutions

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