Controller/Accounting Manager
Resume:
RICHARD R. ASHFORD, CPA
Johnson City, Tennessee 37604
Phone: 423-***-****
Cell: 423-***-****
Email: ****.*******@*****.***
Most Recent Employment:
**** – 2010 Electro-Mechanical Corporation, Bristol, Virginia
Division Controller: Top hands-on Financial Manager for the company’s Transformer and Padmount Switchgear divisions, consisting of two manufacturing facilities – Federal Pacific Transformer Co., Bristol, VA, and Manufacturéra Federal Electrica (M.A.F.E.S.A.), a transformer manufacturing facility located in Silao, Mexico. Annual sales of low voltage and medium voltage transformers and padmount switchgear in excess of $50 million, with more than 200 employees at both locations. Responsible for all aspects of finance and accounting for these companies, including Preparation of monthly Financial Reports for senior corporate management, Maintenance of standard costs, Analysis and Presentation of margin information, profitability, market trends; Long-range Strategic Planning and Annual Budgeting. Extensive involvement in materials control and inventory management for both locations, as well as consignment inventories at 25 warehouse locations across the country. Managed a team of eight accounting professionals and personnel at both companies, who were responsible for Accounts Receivable, Accounts Payable, Cost Accounting, and General Accounting.
Major Career Accomplishments:
• Developed systems for enhanced and timely financial reporting for Electro-Mechanical Corporation’s transformer division, which included the consolidated results for Federal Pacific and M.A.F.E.S.A. This has facilitated the rapid delivery of preliminary financial results to senior management, and has allowed for “tightening up” the time frame for each month-end close.
• Developed and utilized new Cost Accounting system at Virginia House Furniture that greatly increased accuracy of product costing and facilitated timely production reporting and integration with general financial reports.
• When Crown Column & Millwork lost its controller, spear-headed implementation of WAN, which permitted full access from Marion, VA, to Crown’s financial and accounting systems in Gadsden, AL. Facilitated effective “long-distance” management and postponed indefinitely the need for a new on-site controller at Crown.
• Responsible for implementation of LAN at Harris-Tarkett, and participation in WAN with other Tarkett Sommer companies worldwide.
• Successfully implemented new systems for General Accounting, Financial Reporting, Financial Analysis, and Manufacturing cost applications at Harris-Tarkett.
• Facilitated seamless integration of PCs with centralized IBM AS/400 computer for information sharing and data collection at Virginia House Furniture.
Software Exposure:
• Proficient with Windows 7/Vista/Windows XP/Mac OSX operating systems; Microsoft Office 2007, 2003, 2011 (Mac) - Excel, Word, Power Point; numerous other software applications, including accounting and tax.
• ERP/MRP Packages: Extensive hands-on use of MCBA Quantum, Movex; also Mapics and MAS 90. Integrally involved in system migration from Mapics to Movex. Proficient with COGNOS BI-8 software for generating sophisticated management reports and “data mining.”
Additional Employment History:
2002 – 2003 Visador Holding Corporation, Marion, Virginia
Chief Financial Officer / Vice President- Finance: Senior Financial / Information Technology Manager for two companies – Coffman Stairs, LLC, Marion, VA, the largest stair parts manufacturer in the U.S., employing 350 people, with two manufacturing facilities in Virginia. Annual sales in excess of $55 million; and Crown Column & Millwork, LLC, Gadsden, AL, a start-up company just three years earlier, quickly positioning itself as the third largest decorative column manufacturer in the U.S., with annual sales near $12 Million, and over 150 employees. Responsible for all aspects of finance and accounting for these companies, including Delivery of timely Consolidated Financial Reports for senior management, Direct Interaction with Lending Facilities, ABL Cash Management, Budgeting. Managed a team of twelve accounting professionals and personnel at both companies.
1998 – 2002 Harris-Tarkett, Inc., Johnson City, Tennessee
Vice President- Finance: Senior Financial /Information Technology Manager for two hardwood flooring manufacturing companies (North American Hardwood Division of Domco-Tarkett, Inc.) employing 900 people, with five manufacturing facilities in four states. Annual sales of $130 million. Strategic planning for and direct control over all areas of Hardwood Division finances. Directly Responsible for Financial Reporting, Multi-Company Consolidation, Information Systems, Credit Policies and Collections, Cash Flow Management, Financial Strategic Planning, Budgeting, Forecasting, Payroll Administration, Risk Management Program. Managed a team of sixteen accounting professionals and personnel in five offices.
1984 – 1998 Virginia House Furniture Corporation, Atkins, Virginia
CFO / Controller: Financial and accounting manager for furniture manufacturing company that employed 400 people. Annual sales of $20 million. Directly responsible for the ground-up design, planning, procurement and implementation of company’s Accounting, Financial Reporting, Production/Cost and Inventory Control Systems. Responsible for increasing utilization of existing Information Technology resources in order to facilitate integration of all company activities: Production, Accounting, Marketing, Sales.
1980 – 1984 Albano, Ashford & Shults, CPA, Marion, Virginia
Certified Public Accountant (CPA)/Partner: 3 partners, 2 offices, 12 employees. All facets of Public Accounting: Accounting, Auditing, Tax, IS, MAS. Partner specifically in charge of Information Services and Audit portions of the practice. Major clients included Restaurants, Trucking, Insurance, Retail, Manufacturing, Savings and Loans, Utility Services, Local Governments, Physicians. Sold to partners to pursue growth opportunity with Local Furniture Manufacturer.
Education: Wake Forest University, Winston Salem, North Carolina
B.S., Mathematics, Dean’s List
Passed Uniform CPA Examination, Licensed as CPA in Virginia. Status currently inactive.
References: Available upon request
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