Barbara J Hamilton

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

Nevada, IA 50201

515-***-****

ev6ia8@r.postjobfree.com

Professional Experience

Contract assignment, Continental Manufacturing Chemist, Inc., Madrid, Iowa, March April 2012

Worked on project to identify source of low profit margins. Reviewed 6 months of revenue and costing data, identified and researched outliers. Discovered samples not recorded, tracked or invoiced, multiple short run batches, reviewed scrap factor. Relayed results to management, potential increase to gross profit of about 3%.

Prepared model to help identify best way to utilize unused production capacity. Management preparing for 20% increase in revenue for the next year.

Accounting Manager, ALMACO, Nevada, Iowa, 1994 to November 2011

Reported directly to Vice-President Business Development/co-owner.

ALMACO - privately owned manufacturer of specialized agricultural research equipment (combines, planters and threshers for the seed research industry), 195 employees, $30,000,000 revenues.

Duties and responsibilities included oversight of all accounting activity including all monthly transactional accounting and supervision of staff through the monthly closing process and payroll. This included producing income statement, balance sheet, and monthly financial statement package.

Experienced supervisor of Human Resources and Information Technology.

Developed tools and systems to identify and provide financial and operational information to owners and other executives. Identified key performance metrics to be spotlighted each month and shared company-wide. Initiated a process to identify opportunities for proactive cost control. Created Excel spreadsheet to calculate return on investment for equipment and research and development projects, allowing comparison of returns and easier selection of approved projects.

Eliminated departmental turnover and enhanced efficiency measures. Company grew five-fold since 1994, while accounting department staff maintained all accounting records without increasing the current staff of two.

Coordinated budgeting and income forecasting process for the organization. Gathered information for revenues, cost of sales and overhead expenses to develop a monthly projection of net income. Developed a cash flow projection to enable efficiencies and timely decision making for credit use and possible dividends for the owners.

Automated 75% of vendors from payment by check to payment through electronic means, saving $52,000 annually in check stock, envelopes, postage, and time spent on processing and reconciling checks.

Supervised 38 payrolls annually, including all hours processing, deductions, benefits coordination and payroll tax reporting, with 99% accuracy over the last three years.

Coordinated annual 401(k) plan audit with favorable results all three years.

Barbara J Hamilton, ev6ia8@r.postjobfree.com, page 2

Developed plan to convert reimbursed expense plan to per diem plan, saving $5,000 annually in processing, and reducing turnaround in getting employees reimbursed by 50%.

Launched improvements to leverage credit card use, generating points to fund all international air travel, saving $20,000 annually.

Reduced monthly closing process with a guaranteed close by the fifth day of each month. Created Excel spreadsheets to generate all financial reports in two hours.

Coordinated corporate tax return documentation for work papers, including calculation of research and development tax credit, and international tax credit. Saved the owners $350,000 after pursuing additional research and development tax credit.

Created tracking method of fixed asset purchases during the year to enable owners to select projects and keep within depreciation expense budgets.

Reduced past due accounts receivable from 25% to 10%.

Spearheaded project to set standard shipping and handling chart, guaranteeing a 2% profit in the area, saving time in processing, and improving the communication process with customers.

Enhanced shipping processes which improved on time delivery by 30% by providing employee incentive plans.

Implemented Made2Manage MRP software and have become a resource for entire company for finding information, reporting and training. Joined user group to help guide needed enhancements for software upgrades, and share solutions. Savings from elimination of outside consulting fees is $5,000 annually.

Participated in a cross-company project to review MRP software usage for current use and evaluate changes in set-up and infrastructure for future needs. Infrastructure will support a scheduler and allow for planned revenue growth in the future.

Oversaw price changes for future sales, using analysis of historical cost information with expected materials and labor costs. Worked with manufacturing and marketing to determine feasibility of new prices.

Senior Auditor - McGowen, Hurst, Clark & Smith, CPA’s, September 1989-October 1994

Associate Accountant - Gulf Oil Corporation & Chevron Corporation, September 1981-July 1989

Education & Training

Iowa State University, B.S. Accounting & Economics

Certified Public Accountant – Active Status

LeanSigma Green Belt

Averaged 40 hours continuing education each year for the last 20 years, most recent topics: Microsoft Access, Financial Forecasting, Lean Processes for the Office, Nexus Study for Sales and Use Tax, Crystal Reports for ABRA Payroll

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