CHRISTOPHER R. PETERS, CMA

**** **** ***** **.

Summerfield, NC 27358

336-***-****

EXPERIENCE

October ’04 – Current Bright Plastics ($10 Million Injection Mold Component Mfg.)

Controller Greensboro, NC

Responsible for all financial activity for the company, including banking, financial results, A/P, A/R, G/L, payroll, cost systems, capital projects as well as IT functionality (Server environment, applications, security) and ERP application control and support (Made2Manage LAN based). Also responsible for HR functions, both regulatory and internal policy as well as process organization. Successfully leveraged integration of bills of material, inventory control, standard cost, bar coding and accounting systems software availability and procedures to improve management control and customer service. Implemented standard cost creating improved visibility to margins and performance variations. Responsible for full range of management control reporting and analysis including shop floor controls, inventory replenishment, key indicator reporting and margin review.

June’ 00 – October ’04 Bassett Furniture Ind. ($370 Million Furniture Mfg & Retailer)

Division Controller Bassett, VA

Responsible for all financial activity for the wood and import products divisions within the company entailing 8 domestic plants and foreign import operations. Annual budget development, quarterly pro forma plan updates, weekly and monthly operational performance reporting, capital spending plans, ERP implementation (JD Edwards), A/P, cost accounting, SEC reporting, fixed assets, decision support, strategic planning activities, and monthly closing activities are all areas of direct responsibility. Coordinated Sarbanes-Oxley key control requirements, process flows and policy/procedure documentation and testing for areas of financial responsibility. Implemented inventory replenishment for finished goods and imported raw materials, reducing inventory $14MM while increasing customer service. Designed waste tracking and intercompany transfers using Access database. Implemented standard cost, variance analysis and margin/pricing reviews and developed gainsharing employee incentive program.

December ‘95 – June ‘00 This End Up Furniture Co. ($160 Million Home Furnishings Mfg) (Former CVS Subsidiary)

Manufacturing Controller Lillington, NC

Responsible for all financial activity related to multi-plant manufacturing company operations. Payroll, accounts payable, receivables, general ledger, production performance, inventory activity, borrowing covenant performance, cash projections, cost accounting, market pricing support, capital control, and contract vendor relations are areas of direct responsibility. Coordination of strategic planning as well as annual operating budgets and forecast cycles are a normal part of business planning along with developing associated performance measures. Developed both forcast and replenishment systems from retail to manufacturing. Company filed Chapter 11 in 2000. Improved upon a standard cost system, product margin analysis, perpetual inventories and material cost analysis. Improved bank loan covenant process and shortened closing and reporting response time.

March '87 - December ‘95 GlaxoSmithKline Inc. ($4.2 Billion Pharmaceutical Mfg.)

Financial Accounting Manager RTP, NC

Responsible for results analysis and forecasting for $185 million operational spending budget, all operational reporting, and financial control. Coordinate annual budget cycle, strategic plan development, provide critical decision support, capital spending review, provide financial portion of external contract development, develop and monitor any financial objectives, coordinate monthly closing activities, facilitate monthly executive business meetings and conduct monthly operational management review meetings. Provide financial forecasts in conjunction with sales forecasting.

Cost Accounting Manager

Responsible for inventory valuations, development of product cost and associated analysis, operational variance analysis and reporting, coordination of closing activities, development of company global international transfer pricing, adhoc management reporting, review of supply contracts with consignment vendors. Designed and coordinated implementation of automated cost system using ERP system as the information base. Extensive use of ABC in budget development, step variable cost controls, improved allocation methodology and decision analysis. Established international transfer pricing controls and communications.

October '84 - March '87 Nortel Networks, Inc. ($1.8 Billion Telecommunication Mfg)

Senior Project Analyst RTP, NC

Responsible for Group (multiple divisions) development of all financial systems and their production support. Served as project manager for financial system designs, enhancements or installations. Maintained integrity of necessary modifications and coordinated systems support staff.

November '83 - October '84 Coburn Optical Ind. ($80 Million Revlon Health Care subs.)

Manager Budgets and Forecasting Colonial Heights, Va

Responsible for division budget preparation for both P&L and manufacturing detail, standard unit cost development and inventory valuation, monthly P&L forecast, cash flow statements, monthly performance commentary, pricing development, sales profitability analysis and manufacturing analysis/projections. Division offices relocated to Oklahoma.

January '80 - November 83 Crompton Company Inc. ($160 Million Textile Mfg.)

Cost Accounting Manager Waynesboro, Va

Responsible for development of standard costs for pricing and inventory valuations, operational budget preparation, monthly performance reporting, fixed asset record control and management analysis. Company filed Chapter 11 in 1984

Manager of Forecasting and Analysis

Coordinated preparation of all forecasts and proforma corporate P&L statements with balance sheets, assembly of all actual P&L statements to coincide with closing cycles and loan covenant audits, all internal and external reporting (including 10Q and 10K), comparisons and analysis of deviation from forecast, annual strategic plan coordination and review of all capital projects.

May '74 - January '80 Burlington Industries Inc. ($3 Billion Textile Mfg.)

Cost Accounting Supervisor Tennessee, North Carolina, Georgia

Responsible for preparation of manufacturing budgets and forecasts, marketing cost sheets, supply, labor, efficiency and waste reporting, operational performance reporting, interplant transfer accounting, associated accounting procedures and divisional commentary.

Internal Auditor

Responsible for review of policy application for all divisional manufacturing facilities incorporating all general accounting functions, payroll procedures, invoice payment and accounting reconciliations. In addition, provide clerical training and incident follow up for all locations.

Management Trainee

Exposure to all payroll functions, reporting procedures, accounting requirements and other administrative duties absorbing the administrative manager's functions and vacation relief to staff accountants.

EDUCATION: BS in Business Administration

High Point University, High Point , N.C.

CMA

Contact this candidate