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Experienced Manufacturing Controller

Location:
Memphis, TN, 38119
Salary:
65000 +
Posted:
October 28, 2011

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Resume:

RESUME

Gary E. Flood

Phone: 901-***-**** Address: 7184 Crestridge Rd

Cell: 901-***-**** Memphis, TN 38119

E-Mail: ppbwa6@r.postjobfree.com

Major Career Accomplishments

• Improved inventory tracking and reporting to facilitate control & reduce costs resulting in variance reductions over 90% and over $250K

• Instrumental in successful turnaround operation increasing profits over 600%

• Streamlined monthly closing process to facilitate short dead lines

• Reduced costs over $2MM that facilitated meeting or beating annual budget

• Developed strong safety program reducing accident rate to zero for 5 years

• Successful first A-133 Compliance Audit

• Cost accounting experience in std. and job cost environments

EXPERIENCE

Habitat for Humanity, Memphis, TN July 2009 – August 2011

A 501(C)(3) non-profit organization that provides home ownership opportunities for low income families through financial planning and training.

Director of Finance/Controller

Responsible for the overall financial integrity of the organization. Coordinated all financial activities for construction, cash flow, mortgage & grant funding. Prepared and presented monthly financial position to the board finance committee.

• Created Dashboard report showing KPIs for easy co. analysis

• Monitored daily cash flow and estimated cash requirements

• Prepared annual budget with revenue of $7MM

• Monitored all job costs for over 30 house projects

• Secured commercial and operating lines of credit in excess of $1MM

• Coordinated with Business Mgr all company benefits based on a cost vs. benefit scenario resulting in increases less than national average

• Established and published internal control procedures & policies

• Monitored grants in excess of $3MM

• Revamped entire financial statement presentation and chart of accounts using Quickbooks

• Coordinated with outside auditors the successful the year-end audit papers, reconciliations, A-133 audit and provided the necessary work papers for the compilation of Form 990 that resulted in the best audit in the organizations history

Bartech Group, Livonia, MI Feb 2009 – June 2009

Contract employment agency with primary focus serving the automotive industry.

Budget Supervisor

Reported to the Plant Controller, responsible for the weekly, monthly and yearly forecasting for a Daimler-Chrysler engine facility reporting the inventory, cost, and budget variances.

• Analyze weekly OT requirements

• Submit monthly inventory projections

Rock-Tenn Company, Eutaw, AL Jan. 2005 - Aug. 2008

High volume (Over70mm pcs/month) folding carton manufacturing facility serving the food industry of a large public corp. $65MM revenue per year in union facility.

Plant Controller

Reported to the GM with a direct line to corporate accounting, responsible for all financial activities working in an AS400 environment.

• Timely preparation of month end financial statements according to GAAP including journal entries and accruals in very tight deadline

• Ensured proper revenue recognition and monthly cut-off controls

• Monitored all daily accounting functions including AP, AR, invoicing and PR- Average monthly AP volume in excess of $4MM

• Monitored over physical inventory and periodic cycle counting – Annual variance less than 1% on inventory of $6MM.

• Ensure Sarbanes-Oxley compliance and training to maintain compliance

• Prepared monthly Sales & Profit forecasting and monthly variance analysis

• Established $65MM annual budget utilizing Hyperion Software Work with JD Edwards/Oracle

Imperial Metal Products, LLC, Grand Rapids, MI March 2004 - Dec 2004

Automated Screw Machine shop serving the automotive and manufacturing sector with revenues of $18MM employing 50 plus non-union employees.

Controller/Human Resource Manager

Report to the plant General Manager, full hands-on position performing all the daily and monthly accounting and HR responsibilities.

• Singlehandedly handled all daily accounting functions of AP, AR, collections, & PR utilizing ADP processing

• Presented timely monthly consolidated financial statements according to GAAP

• Inventory Cycle Counts

• Budget, Forecasting, and Cash Flow Management

• Human Resource management

Fastco Ind., Grand Rapids, MI April 2002 – Oct 2002

Leading family owned manufacturer of fasteners serving the automotive industry with revenues of $20MM. Facility was 65,000 sqft and employed 120 non-union employees.

Controller

Reported to the VP with responsibility for the entire financial condition of the company as well as a small subsidiary.

• Successful transition to a new Uniquity software package

• Brought integrity to the department and a sense of direction

• Prepared the monthly financial package including all necessary journal entries for month end.

• Maintained the FAS system

• Supervised over AP/AR/PR

• Established an accrual accounting system to properly document expenses and income recognition

• Developed & maintained good working relationships with bankers and outside vendors

Fortifiber Corp, Howard City, MI April 1992 - Dec 2001

A $9MM division of a $75MM privately held corporation that made packaging materials for the paper industry. Primary customers included International Paper, Mead Paper and Georgia Pacific. Facility employed 25 non-union employees. Utilized AS400 computer system with MAPICS software. Plant was closed in 2001.

Division Controller/Asst Plant Mgr.

Reported to our East Coast Operations Officer with a dotted line to company President. Primary responsibilities were the financial accuracy of the division as well as responsibility over production and maintenance as Asst. Plant Mgr. for overall plant management all in a lean manufacturing operation.

• Supervised over all accounting and administrative functions & staff

• Supervised over IT functions of division using AS400/Mapics system

• Improved monthly inventory cycle process resulting in elimination of excess/slow moving inventory and bringing variances to less than $15K per year or reductions of over 90%

• Ensured proper revenue recognition and monthly cut-off controls

• Increased profitability over 600% in 6 years to $1.6MM on sales of $9MM

• Aggressive cost saving actions resulted in savings of over $2MM over 8 years and exceeding annual budget projections consistently

• Handled all std. costing and product pricing

• Reported zero time lost/recordable accidents from peak of 27 & won company safety award 5 years in a row.

EDUCATION

Aquinas College - Grand Rapids, MI

Bachelors Degree: Accounting GPA: 3.1/4.0

MILITARY

USMC - 4 yrs Honorably Discharged - E-5 (Sgt)



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