Raymond J. Kruczek
Medina, Ohio 44256
Career Summary
A results oriented, self-directed financial professional with extensive accounting, finance, information systems, cash management and forecasting experience. A leader with a strong track record of managing and developing financial data and ideas. A proven manager with a solid background in leading, developing and motivating people.
PROFESSIONAL EXPERIENCE
Remelt Sources Inc – Cleveland, Ohio
Distributor and Manufacturer of Specialty Alloy Metals
Corporate Controller/Human Resource Director 9/08 – Present
• Prepare and manage company’s individual and consolidated budgets.
• Manage an accounting staff of four people with varying degrees of experience.
• Responsible for administering the companies employee benefit programs.
• Prepare monthly Income Statements, Balance Sheet and Cash flow reports.
• In current negotiations to procure new financing arrangements for the companies
Current and future financing needs.
• Reviewed and re-written companies employee manuals to meet current labor
standards.
• Lead the companies Safety Team to ensure the company is adhering to
Government regulatory standards.
International Automotive Components – Canton, Ohio
Manufacturer of Soft Trim Automotive Components.
Controller 11/07 – 9/08
• Prepare weekly financial outlook report, comparing performance to budget.
• Responsible for authorizing all plant expenditures for both repairs and supplies.
• Reconciling monthly performance to budget and reporting the results to Corporate.
• Prepared monthly MOS chart which monitored key manufacturing statistics.
• Analyzed the efficiency of the various manufacturing lines.
• Re-evaluated the plants standard cost structure.
• Prepared the companies 2008 operating plan.
• Prepared Monthly financial statements both the balance sheet and income statement.
• Part of the Lean Manufacturing team to streamline costs, using concepts of Toyota
Lean Manufacturing.
• Understanding of the 2002 Sarbanes Oxley Act.
Westport Axle Corporation – Cleveland, Ohio
Assembler/Distributor and Logistics Company for the automotive industry.
Controller 9/97 – 9/07
• Directed accounting staff to help streamline work and paper flow.
• Analyze and maintain companies standard cost structure.
• Monthly closing of general ledger and preparation of financial statements.
• Responsible for the preparation and analysis of current year budget to actual.
• Negotiated new business insurance policy saving the company 200K.
• Created and tested data for the preparation of future operating plans.
• Analyzed the current MIS structure of company and generated a report proposing the necessary hardware and software upgrades.
• Directed the year-end work flow with regards to the company’s financial audit, to attain the goals instituted by management.
• Provide to the bank monthly and weekly reports supporting the 12 million-dollar asset based loan.
• Administrator of the company’s 401K plan.
• Negotiated companies current asset based loan, along with company’s capital lease obligations.
• Handled company’s external audits with regards to, insurance and federal, state and local tax audits.
• Prepared and instituted the companies accounting manual.
• Through continuing education classes, have gathered the knowledge and understanding of the 2002 Sarbanes Oxley Legislation.
Visual Marking Systems – Twinsburg, Ohio
Manufacturer of labels
Controller 11/96 – 9/97
• Responsible for generating weekly payroll through the use of ADP.
• Developed worksheets to improve work-flow and handwritten ledgers.
• Investigated and assigned credit terms for new and existing customers.
• Prepared the accounting documents to comply with ISO 9000 standards.
• Administered company’s 401k plan.
• Improved the financial rating from Duns & Bradstreet from 3A3 to 1A2.
• Monthly commission calculations.
• Increased cashflow by reducing collection time from 50 + days down to 40 days
Westport Axle Corporation – Cleveland, Ohio
Manufacturer/Assembler/Distributor of axle components for the truck industry.
Controller 6/89 – 11/96
Industrial Pallet and Packaging Co. – Cleveland, Ohio
Manufacturer and Distributor of pallets and packaging materials.
Managing Accountant 6/88 – 3/89
SOFTWARE
A working knowledge of microsoft office, dbaseIV, SBT, WordPerfect, Windows95 & 98, Symix, Macola, Novell,Sytline 6.0 and Navision.
EDUCATION
Bachelor of Business Administration/Finance – Cleveland State University - Cleveland, Ohio