Haslet, Texas, United States
Strong cost accounting and systems aptitudes. Involved with multiple ERP implementations with emphasis on the Accounting Information Systems and linking manufacturing/production to the General Ledger. Extensive background with quote to cash experience in various contract manufacturing environments.
• Lead the implementation of the accounting methodology conversion from contribution margin to gross margin as requested by private equity backers and as directed by our external audit team’s inventory valuation consultant (Baker Tilly). • Managed costing method conversion from weighted average with periodic inventory to standard cost with perpetual inventory systems and link to the general ledger in multi-site manufacturing environment. Define GL Controls/account determinations. Financial Report Redesign/Unification to support effortless consolidation, detailed department plan to actual spending, and standard cost/variance analysis. • Lead key finance team members at multiple sites to further cost base accuracy by managing departmentalization of expense accounts as they relate to operational work centers. • Implemented a process to develop annual work center labor and burden rates based on the budgeted employee roster and cost basis. • Proved FP&A support with regards to COS, department expenses, capital equipment expense in the annual budgeting process. • Worked with the site team members to identify and correct operating procedures and processes that may result in inaccurate or untimely transactions related to inventory and costs of goods sold. • Responsible for ensuring the accuracy of the costed bills of material and process routers • Analyze the pro forma effect of possible changes to cost algorithms and possible changes to standard costs of material, labor, production rates and overhead rates. • Query SQL db to support any ad hoc reporting requests.
• Manufacturing site representative to the finance team who resided at the retail brand location. First major task in supporting a fresh SAP “go live.” Migrating from previous owner’s “home brew” system following acquisition to private equity. • Verified standard cost rollup feature and all correlative variables (ie. Work centers, costing rates, BOMs, router sequences, and lot sizes). Helped with opening balance loads, COA, GL account determinations, financial report building, and much more “blueprint” phase work. • Collaborated with both functional management and transactional employees in various departments including those at the manufacturing plant as well as the retail brand side. Helped to identify requirements not being adequately met by system configuration/utilization. Conveyed solution possibilities to C-suit and key decision makes while fielding decision making questions and eventual internal control/process changes. • Determination of all standard costs in annual reroll. • Review work order variances and investigate causes. Identify gaps and stakeholders in the production process. • Prepare analysis and ad hoc reports related to: Inventory, Material price variance, Freight variances, Production Efficiency and Rate variances, Various Other Direct Product Costs. • Developed Manufacturing Income Statement. • Work with Customer Service representatives to align internal production costs with customer pricing during periodic negotiation of large parts portfolios. • Manage the monthly closing process in all areas relating to Inventory and Cost of Sales. Support other finance team members with subledger reconciliations and audit requests. • Fixed asset additions/dispositions, CAPEX ROIs, budget compliance reviews by department, capitalized cost booking/review, inter-company sales reconciliation.
• Complete bookkeeping responsibilities including month-end and year-end ledger entries and period closings. • Perform weekly payroll, accounts receivable, accounts payable, bank reconciliations, material issues & LCM WIP adjustments, fixed asset additions/dispositions, depreciation, amortization, etc. • Liaise with external auditors/CPA firm to ensure timely and accurate tax filings. • Created an Access database to track material certifications, material planning/forecasting, purchasing, front and back-end inventory control/auditing (periodic and perpetual). • Working with supplier side SAP portals such as HASP (Honeywell Aerospace Supplier Portal) to perform order processing and scheduling. This includes automated forecasts/order placement received from KANBAN and Vendor Managed Inventory (VMI) systems. Developed and implemented a methodology to accurately recognize revenue with VMI sales. • General management responsibilities including hiring/firing, OSHA mandated safety training and review, hazardous waste management, ITAR compliance, as well as various ISO continuous improvement requirements. • Perform all cost accounting functions for the company. Updating burden rates (labor and machine time overhead) to reflect budgeted spend. Create/maintain standard costs for over 1,000 active, unique products each with up to 30 operations. • Work directly with shop supervisors to create accurate production routings for new product quotes while remaining competitive/profitable RFQ fulfillment. • Trained machinists on a new labor tracking workstation that allows for accurate production efficiency data (production rates, scrap, reworks, as well as actual production rates).