Karl Schuler, CMA

*** **** ****** *****, ******** Springs, Texas 78620

H: 512-***-**** C: 512-***-****

kvsns4@r.postjobfree.com

Manufacturing Controller • Assistant Controller • Finance Manager

Certified Managerial Accountant possessing strong technical accounting & analytical talents supported by a BS in Accounting and 15+ years of experience. Contributed to extensive cost savings and greatly increasing bottom-line results by enhancing processes, expanding & customizing financial reporting, monitoring performance, implementing policies & procedures, and integrating advanced accounting systems. Effective communicator, highly skilled in developing and implementing comprehensive financial and business strategies; motivate superiors with technology talents spanning across a broad repertoire of IT environments. Core competencies include:

• Cash Management • Cost / Inventory • Internal Controls

• Divestiture Planning • Financial Analysis/Audits • Corporate Tax & Insurance

• Budgets & Forecasts • Profit & Loss Management • AP & AR

• MRP/ERP Implementations • Employee Insurance & Payroll • Month & Year-End Reporting

EXPERIENCE

BridgePoint Consulting, LLC, Austin, TX 1999 – 2001 & 2004 – 2008

(Formerly David Powell Financial Service, Inc.)

Controller

Provided Controller level services to multiple small & medium sized hi-growth companies in high-tech, software, manufacturing, and e-commerce industries. Managed daily operation s for all of the financial activities of these companies, as well as developed and enhanced their financial analysis and reporting capabilities. Served as a member of various senior/executive management teams and provided financial/operational reporting, cash forecasting, and budget/forecasting services. Implemented finance/cost accounting/accounting systems, and strived to continually improve all finance related responsibilities and insure appropriate internal controls were in place and working as intended. Provided ad hoc analyses, evaluated operational performance and provided insight into areas in need of improvement, or where opportunities for cost controls and/or reductions existed.

Selected accomplishments:

• Highly experienced in bringing sub standard financial records up to GAAP & audit ready standards, including the development and maintenance of supporting month-end / year-end close schedules and supporting analyses

o Prepared, or supervised staff in producing financial statements, and in preparing executive/investor/BoD financial packages

o Experienced with multiple site consolidations, including accounting for foreign currency transactions

o Implemented standard cost/full absorption accounting systems tied to company budget & forecast reporting, established and enforced internal controls, policies & procedures scaled appropriately to the current needs of the business, developed systems & processes with variance reporting integrated to all operational reporting

o Developed financial / operational performance reporting and hosted monthly financial meetings to review results and initiate necessary corrective actions

• Managed numerous audits, provided information and / or filed tax returns (payroll, federal, state franchise & property)

o Seasoned in management of multiple corporate insurance, medical benefits & banking relationships

• Multiple years of experience in small to medium sized company finance departments responsible for all financial reporting for multiple entities, with heavy concentration in budgeting & forecasting development / maintenance

o Proficient in directing the development of budgets & forecasts, along with the reporting / presentation of the financial data to executive staff

o Experienced in collaborating with cross functional departments to insure timely completion of budges/forecasts, and in developing cross functional processes and controls

• Advanced modeling capabilities in Excel, highly experienced with other MS products including Access & PowerPoint

o Managed cash by developing custom forecasts for numerous companies where managing working capital & cash daily / weekly / monthly is critical-invested excess reserves to maximize return

o Highly experienced with the mining of financial data to produce highly relevant operational reporting – beyond normal “canned” capabilities

o Created numerous financial models of varying complexity to handle advanced budgeting, revenue modeling & forecasting, rolling 12 month budgets

o Skilled in the training and development of staff, from clerical to Controller level, and have provided oversight for the accounting, finance and administrative staff – all with an eye for improving services and streamlining processes provided by the accounting/finance functions

Traq Wireless, Inc., Austin, TX 2001 – 2003

Assistant Controller & Accounting Manager

Selected to rebuild accounting and financial reporting for company transitioning from a wireless airtime reseller to an ASP (Application Service Provider) business. Revised chart of accounts, streamlined reporting processes, and built and reconciled month-end close worksheets. Managed discontinued operations accounting, developed close processes for Oracle financial applications lost during prior layoffs, and coordinated timely year-end audits. Collaborated in developing customer contracts; devised and implemented numerous processes, policies and procedures; and trained personnel in software functions. Administered, developed, and monitored 90 unique customer contracts while ensuring cost-effective practices were maintained.

Selected accomplishments:

• Enhanced processes and saved company $50,000 annually in costs by replacing legacy system with advanced accounting software and developing an automated external financial and variance reporting system

• Managed daily operations of accounting department while supervising A/P and A/R personnel

• Resolved payroll and payroll tax issues, administered multi-state sales tax and property tax reporting and maintained records that minimized data gathering requirements for income tax returns

• Coordinated year-end audits with big 4 accounting firm demanding expertise in GAAP reporting including software revenue recognition rules, discontinued operations, impaired assets, and investor records administration

Sematech, Inc., Austin, TX 1996 – 1999

Sematech Wafer Fabrication Finance Manager

Oversaw wafer fabrication division’s financial activities while assisting management team focused on improving operations, processes, and profitability. Devised and implemented systems to integrate manufacturing, inventory, accounting, reporting, and financial analysis management. Assisted in developing sales and marketing strategies while revising pricing / standard costing, performing financial planning and analysis, monitoring expenses, and negotiating cost-effective changes.

Selected accomplishment:

• Developed and implemented standard cost / full absorption accounting system with financial performance reporting for Advanced Technology Development Wafer Fabrication Division; integrated 5 separate databases; 3 being MS Access based, JD Edwards accounting system, and WorkStream databases

• Increased cash flow from $1 million to in excess of $4 million in revenue by installing an internal reporting system

• Finance oversight / management of $25 million annual budget

ADDITIONAL EXPERIENCE

Tadpole Technology, Inc., Austin, TX

Computer Manufacturer

Senior Accountant

A.H. Harris & Sons, Inc., New Britain, CT

Construction supplier & manufacturer

Financial Analyst

Unisys, Waterbury, CT

Department of Defense/weapons control manufacturer

Program Control Analyst

Harold E. Ginter Jr., CPA, North Haven, CT

Staff Accountant (Public Accounting)

EDUCATION / CERTIFICATION

Bachelor of Science, Major in Accounting, Quinnipiac University, Hamden, CT

Certified Managerial Accountant (CMA)

(Currently pursuing CPA)

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