Tom Kearney: Controller

Oversee daily operations of the financial department. Handle all accounting/tax matters including AR/AP, fixed assets, credit, GL, property tax. Responsible for cash flow forecasting. Prepare and review monthly financial statements for submission to senior management. Monitor monthly operating expenses against budget. Coordinate IRS audits resulting in a “No change” finding. Coordinate Multi-State Sales tax audits resulting in a “No change” finding. Review production and labor costs to ensure job profitability. Renegotiate payment terms with customers resulting in improved cash flow. Work closely with accounting firms to complete tax returns, both Federal and Multi-State Returns. Prepare account reconciliations for month end, quarter end and annual closings. Review and approve payment disbursements. File monthly/quarterly out-of-state sales tax returns. Track and review job status to ensure payment of deposits from customer for Capital Equipment.

Assist with the implementation of a new (ERP) system. Train production staff on new ERP and coordinate with outside contractors. Prepare daily management schedules to determine profitability. Prepare quarterly cost rate information for senior management. Assist with the month-end inventory process. Review standard and actual costs for inaccuracies. Review depreciation, labor and overhead to determine profitability. Prepare and review monthly journal entries. Work with the production staff to locate and dispose of obsolete inventory. Prepare monthly inventory reconciliation, review and explain fluctuations. Prepare monthly labor and expense recaps for plant and company management.

Make journal entries as required to maintain accurate general ledger and balance sheet records. Coordinate and establish payment schedules with clients. Manage national cash receipts and oversee regional disbursements. Review accounts-payable checks on a weekly basis, 100-300 weekly requests. Interact with regional and national sales staff. Coordinate with payroll departments regarding employee incentives. Maintain staff by recruiting, selecting and training.

Served as full-cycle accountant: duties included AP/AR, bank deposits, journal entries, and payroll.