ELISSA M. BLOOM
Fitchburg,MA
Overview
33
33
years of professional experience
Work History
Financial Analyst
09.2015 - Current
- Responsibilities include inventory and cost related functions for the company's Co-Manufacturers including cost accounting, general ledger accounting, transactions, reporting, analysis, and process improvements.
- Serve as finance point of contact with Co-Manufacturers.
- Update and maintain all bills of materials related to assigned co-manufacturers.
- Review production batches to ensure usage of materials and packaging is within formula guidelines and address with partners when corrections need to be made.
- Manage physical inventory process including quarterly review of results with management and recommendations for improvements.
- Review and maintain manufacturing cost reporting (MCR) on a monthly basis to ensure costs are accurate and timely.
- Manage inventory accounting and analysis.
- Complete balance sheet reconciliations.
- Forecasting for bi-monthly outlooks and yearly plan process,.
- Ensure pricing validation.
- Insure Control and Compliance through monitoring of Co-Man adherence to policies.
Cost Accountant
11.2011 - 09.2015
- Responsibilities included reconciling, analyzing, and reporting on costs which provides the management team with the tools to control operations and plan for the future.
- Reconciled, forecasted, and reported on purchase price variances, flat standard variances, and miscellaneous cost of goods sold.
- This included working with the purchasing and accounting teams to ensure accurate reporting.
- Managed perpetual inventory.
- Managed the outlook and plan processes for the Value Chain group and assisted in other areas as needed.
- Managed third party prepaid inventories at several locations including working with the vendors and performing reconciliations.
- Developed/executed process improvements to the purchase price variance reporting which resulted in a thirty percent time savings at month end and the reconciliation of miscellaneous costs of sales including design of new reports which resulted in a twenty-five percent time savings at month end.
WELCH FOODS, INC
Concord, MA
04.2002 - Current
Accounts Payable Supervisor
04.2002 - 11.2011
- Responsibilities included managing the daily activities of the department and having a pulse on the long range goals of the Finance group and the company.
- Managed $550M in payables yearly.
- Oversaw complete payables operation including corporate office staff of 5 employees and 3 Accounts Payable associates located at the plant facilities.
- Championed the centralization of the Accounts Payable to corporate.
- Acted as a business process specialist/super user and functional lead for the implementation of Oracle 11i (11.5.10) Accounts Payable module for all invoice processing functions including IExpense, Invoice Entry, Invoice Matching and Invoice Approval Workflow.
- Directed the Information Technology group assigned to Accounts Payable on issues and enhancements to Oracle to correct and improve system processes and drive efficiencies.
- Continuous review of functional processes and alignment of workload for staff to ensure equity of work among team members and full coverage of all areas.
- Implemented several process changes to improve the efficiency of the department prior to Oracle implementation when the department was relocated to Massachusetts in 2002.
Accounts Payable Operations Supervisor
10.2000 - 01.2002
- Responsibilities included managing the daily activities of the Invoice Control and Special Processes groups.
- Managed 10 associates and their workflow.
- Increased productivity by 43% in fiscal 2001 over fiscal 2000.
- Reduced the manual receiving entry process for drop ship to customer orders by 39%.
- Created and implemented an Access database to eliminate the manual process of requesting Proof of Deliveries, invoices and general information from vendors.
- Worked with the non-stock procurement group to establish and then streamline a return process for drop ship to customer orders.
- Reconciled monthly activity for a $230.0M yearly vendor account to a variance of less than .002% for FY2001.
- Supported the design and implementation of the new auto-match system as well as trained all new associates on the system once we went live.
- Assisted in the implementation of Oracle Financials 10.7.
Accounts Payable Control Analyst
04.1999 - 10.2000
- Responsibilities included analyzing the processing functions of a department of 35 associates to improve efficiency and controlling the age of unmatched receivers.
Accounts Payable Trade Variance Resolution Coordinator
09.1997 - 04.1999
- Responsibilities included coordinating the workflow of nine associates who were responsible for resolving Unmatched Receipts.
Accounts Payable Supervisor
STAPLES, INCORPORATED
Framingham, MA
10.1991 - 01.2002
- Empowered the staff to make process improvements and take ownership of their responsibilities.
- Assigned staff to projects outside the department that allowed them to team with others outside of Finance to foster relationships and give them the opportunity for growth.
- Worked with the Information Technology staff to utilize the Metaviewer Enterprise Document Imaging and Storage system for the Accounts Payable invoice approval process.
- Drove a high level of internal and external customer service standards.
- Account reconciliation functions including, but not limited to Receipts Not Invoiced, AP to GL, and several cash accounts.
- Established and maintain performance measures for the department.
- Responsible for all aspects of 1099 Year End reporting.
- Responsible for the Accounts Payable month end and year end close processes including coordination of fiscal year end audit by outside audit firm.
Accounts Payable Trade Team Leader
10.1991 - 09.1997
- Responsibilities included controlling workflow of 14 processing clerks to ensure timely and accurate invoice processing.
Education
Bachelor Degree - Accounting
Southern New Hampshire University
Skills
- Oracle 11i, Metaviewer Scanning Software, Noetix Reporting and Business Intelligence, Oracle ADI, Business Objects, JD Edwards, MAS 90
- Marcam, Access, Excel, Word, Outlook
Skills
Account reconciliation, accounting, Accounts Payable, streamline, AP, balance sheet, bi, Business Intelligence, Business Objects, business process, cost accounting, customer service, equity, Finance, Forecasting, functional, general ledger accounting, GL, Imaging, Information Technology, inventory, invoice processing, JD Edwards, managing, materials, Access, Access database, Excel, office, Outlook, 2000, Word, Enterprise, Oracle, Oracle Financials, packaging, payables, policies, pricing, Processes, procurement, purchasing, receiving, reconciling, reporting, sales, Scanning, validation, Workflow
Timeline
Financial Analyst
09.2015 - Current
Cost Accountant
11.2011 - 09.2015
WELCH FOODS, INC
04.2002 - Current
Accounts Payable Supervisor
04.2002 - 11.2011
Accounts Payable Operations Supervisor
10.2000 - 01.2002
Accounts Payable Control Analyst
04.1999 - 10.2000
Accounts Payable Trade Variance Resolution Coordinator
09.1997 - 04.1999
Accounts Payable Supervisor
STAPLES, INCORPORATED
10.1991 - 01.2002
Accounts Payable Trade Team Leader
10.1991 - 09.1997
Bachelor Degree - Accounting
Southern New Hampshire University