Plant Accounting
Resume:
STEVEN BALAY – CMA, MBA
Phone: 615-***-****
Murfreesboro, TN 37130 l1xnan@r.postjobfree.com
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SUMMARY OF QUALIFICATIONS
Accomplished Financial and Accounting analyst with strong interpersonal and teamwork skills that
achieves business goals. Known for discovering and correcting errors that reduced costs and improved
profitability. Recognized for achievements in the following areas:
* Financial Analysis * Reporting
* Budgeting * Forecasting
* Expert Cost Accountant-Standard cost, Process cost, Cost Estimator
* Year end and Monthly financial closings * System Implementation
* Excel, Lotus 123, SAP, MAPICS, Word, and ADP
ACCOMPLISHMENTS
Achieved profitability and prevented an unnecessary plant closure when, based on analysis of plant operations,
proved that the plant was viable. As part of the six person team that managed the plant, the team was able to
develop and implement a plan that kept the plant open.
Established a new plants’ accounting department in a green field start-up.
Scheduled and maintained the manufacturing system during the start-up which resulted in the production
schedules being met.
Saved Allied Signal $3M by arranging the certification and implementation of a new laser cutting program that
increased nylon fabric utilization at the Maryville plant and at the Greenville plant.
Managed all of the accounting, analysis and annual budgets for the Morton Bendix joint venture for two years
while managing the accounting department for the Maryville plant.
Promptly corrected serious internal control problems with two accounting departments which assured the
protection of the company’s assets.
Chief Representative for the division’s timely and successful ADP Hourly Payroll System .implementation.
Ensured a successful implementation for SAP, ADP, and MAPICS XA by serving as a team member.
SHILOH MANUFACTURING Dickson, TN (2011)
Manufacturer of stamped and welded body parts for the automotive industry
Did the plant cost accounting and analysis to detect opportunities to improve plant productivity and profitability. Provide alternatives to
make improvements in the production process. Month end closings, analysis of results and preparation of key monthly reports. Do
account reconciliations and reviews.
Yachiyo Manufacturing (2009 to 2010)
Accounting Manager
Managed one accountant and one clerk. Set up a cost accounting system on excel to enable the analysis of plant
activities which identified opportunities for improvement.
BRIDGESTONE/FIRESTONE LaVergne, TN (1999 to 2009)
Global producer and marketer of truck and passenger tires.
Financial Analyst and Payroll Supervisor
Supervised three people in the payroll department for a 1500+ employee plant. Did account analysis and payroll
reconciliations for retirement accounts, FICA and Federal Income Tax withholding accounts. Reconciled payments
between the local and national union and the LaVergne plant. Generated general ledger entries, performed financial
analysis and inter company reconciliations. Supervised accounts payable and trained a new accounts payable clerk
when an accounts payable clerk left.
W. Steven Balay l1xnan@r.postjobfree.com Page Two
TAYLOR PITTSBURGH IMPLEMENT - Athens, TN (1997 to 1998)
Manufacturer and marketer of farm implements.
Division Controller -
Managed finance, accounting, reporting, budgeting, accounts payable and receivables for the division. Established
the accounting department for Taylor Pittsburgh. Developed and did all of the cost accounting for the division.
Supervised two clerks.
ALLIED SIGNAL INC. 1987 to 1997
International supplier of automotive, chemical and aerospace products.
Plant Controller - Greenville, AL (1996 to 1997)
Returned to the Greenville plant as controller. Managed all accounting and reporting functions of the production
facility. Duties included: budgeting, financial closings, reporting, analysis and reporting. Developed standard costs,
calculated all material, labor, burden, and standard change variances and booked these variances monthly for the plant.
Did the year to year revaluation of the inventory at year end. Supervised three accounting clerks. Served on the six
person management team that ran the plant. Implemented best practices from the Maryville plant.
Accounting Manager - Maryville, TN ((1989 to 1996)
Performed all accounting functions for the Maryville plant with 1000+ employees. Developed the annual budget, did
all of the cost accounting, made all general ledger entries and generated all month end and annual reports.
Supervised one accountant and two accounting clerks. Lead person and Division System Administrator for the ADP
hourly payroll systems implementation for over 4,000 hourly employees at four manufacturing plants.
Cost Accounting Supervisor - Greenville, AL (1987 to 1989)
Maintained the Greenville plant’s $10M+ inventory and standard costs. Duties include: standard cost development,
standard change, and usage and substitution variance entries. Recorded the monthly production to the inventory. Did
physical inventory reconciliations and journal entries. Revalued all inventory transactions at year end. Multiple
monthly and yearly closing entries. Aided the controller in preparing the annual budget and monthly rolling forecasts.
Supervised five cost accountants. For several months, supervised six additional accounts payable and payroll clerks
when the General Accounting Supervisor position was vacant.
CELANESE FIBERS OPERATIONS - Florence, SC (1986 to 1987)
Financial Analyst
Cost analyst for a process cost system. Generated monthly production and variance entries, did monthly and annual
performance reports, annual budgeting, forecasting, general ledger entries and reconciliations.
FEDERAL PACIFIC ELECTRIC - Albemarle, NC (1985 to 1986)
Cost Accounting Supervisor
Developed and analyzed the division’s standard costs. Developed standard costs for new products and changes in
products to track and recorded standard change variances. Did the monthly journal vouchers to record production and
variances. Supervised three cost accountants.
CONTINENTAL CONVEYOR and EQUIPMENT COMPANY - Winfield, AL (1979 to 1985)
Senior Accountant
Cost Accountant. Did cost estimates for new products in a job cost and standard costs system. Extensive experience
with BOM’s, blue prints, labor routings, and variance analysis. Did cost estimates for one to ten million dollar
projects by using and developing estimated costs from BOMs, engineering drawings and process labor routings.
EDUCATION AND CERTIFICATIONS
MBA, Mississippi State University, Starkville, MS. Graduated with 4.00 G.P.A.
B.S in Accounting, University of North Alabama, Florence, AL
CMA - CERTIFICATE IN MANAGEMENT ACCOUNTING
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