Accounting management, controls and system design, team building

LARRY J. WELCH

***** *. ********* ***** • Olathe, KS 66062 • 913-***-**** • acy3xa@r.postjobfree.com

SUMMARY

A professional financial controller, management team member, manufacturing accountant, and analyst experienced in a broad range of industries, and business models capable of recruiting, training and motivating other professionals and skilled staff members to develop and lead business operations, controls, reporting, accounting, management, and cost reduction efforts.

SKILLS

Management – Financial, cost, inventory and project management.

Reporting – Presentation of financial data to stockholders, domestic and international boards of directors, management, and non financial managers.

Analysis – Financial planning and analysis, Sarbanes Oxley and SEC compliance, budgets, audit, and tax data.

Accounting Disciplines – GL systems design, consolidated financial statements on GAAP and IFRS basis.

Software Systems –Oracle, People Soft, MS Great Plains/Dynamics, Quick Books and Peachtree accounting software, Sage “Best” fixed assets software, Microsoft Office; Excel, Word, Outlook, and Power Point.

Payroll and Benefits –Compensation and payroll compliance, manual and automated payroll, benefits package review, 401K plan management and mergers, insurance and risk management.

POSITIONS HELD

Controller, KC Strings, Inc. and Krutz, Inc., Merriam, KS March 2011 to present.

Manufacturing and financial controller for these companies involved in importing, and

manufacturing of student through professional grade stringed orchestral instruments.

Established multi-level bills of material for standard costing.

Standardized periodic closings through supervision of remote bookkeepers.

Designed and maintained inventory control systems.

Advised management on tax and cost saving strategies.

Established a rental asset control system resulting in significant tax advantages.

Provided analysis and projections for management control of inventory, purchases, and financial planning.

Corporate Controller, Biomune Company, Lenexa, KS December 1989 to May 2009

Developed, and maintained all financial, inventory, and cost data for this USDA licensed producer of vaccines from corporate infancy through growth phase financing and various international partnership arrangements, to final sale to Ceva Sante Animale.

Developed multi-level bills of material utilizing activity based costing and standard costing techniques.

Prepared and presented financial, manufacturing, and inventory data to international boards of directors, management, and non financial managers.

Initiated transition from manual accounting techniques, to computerized systems utilizing Great Plains software, and assisted in transition to People Soft and an Oracle business intelligence database.

Trained and supervised a staff of seven in US and two in Mexico to complete consolidated financial information.

Prepared audit data, budgets, forecasts, and sales commission data.

Managed high volume accounts receivable and payable, funds investment and cash flow.

Maintained relationships with auditors, insurance and government agencies.

Corporate Controller, Birdview Satellite Communications, Inc., Olathe, KS July 1984 to September 1989

Hired as a Division Controller, rapidly advanced to Corporate Controller for this publicly traded manufacturer of receive only satellite television equipment.

Developed standard costing controls for an electronic assembly plant and printed circuit production facility.

Consolidated data from five distinct divisions with various computer hardware and software systems.

Managed the consolidation of divisions and remote operations resulting in significant cost savings and preservation of working capital.

Presented financial data to the Board of Directors, stockholders, and management.

Assisted corporate attorney and CPA firm in creation and issuance of SEC reports and tax data.

Managed annual audits.

Managed the self funded employee health insurance plan.

Supported extensive product research and development efforts.

Corporate Controller, Keas Electronics, PC Boards, Inc., Osage Drilling, Markan Oil, Ridge Oil & Gas, and Oilfield Services, Chanute, KS January 1979 to July 1984

Developed manual accounting, standard cost systems, inventory controls, and payroll processes for this group of closely held businesses.

Established first accounting, AR, AP, standard cost, and inventory control systems for Keas Electronics, a manufacturer of electronic music modification equipment.

Developed additional accounting systems for oil and gas production and service companies.

Managed the transition to computerized accounting, and inventory systems.

Presented financial data to the Board of Directors and management of each company.

Maintained banking, insurance, and audit relationships.

Managed fixed asset systems for oil field equipment outfitted in house.

Education

Bachelor of Science Degree in Accounting

Pittsburg State University, Pittsburg, KS

Associate of Arts Degree in Accounting

Dodge City Community College, Dodge City, KS

Ongoing education and training through numerous seminars, independent studies, and certification programs.

Active in Church leadership and management. Volunteer for Habitat for Humanity and other social agencies when available. Avid outdoorsman, fisherman, and hunter.

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