James R. Davis
Accounting Manager
Powell
Summary
Accounting professional with comprehensive experience in financial management and team leadership. Proven expertise in streamlining accounting processes and enhancing financial reporting accuracy. Known for fostering collaborative environments and adapting to evolving business needs while maintaining high standards.
Overview
19
19
years of professional experience
Work History
Accounting Manager
Nexeo Plastics
11.2019 - Current
- Oversee the P&L accuracy for all North American facilities as well as outside 3PL sites.
- Responsible for global flux reporting monthly that includes material fluctuations to the budget as well as the prior month results to Senior Leadership.
- Partner with FP&A to provide a “day 1 flash” to Sr. Management which includes current actual data, expected accruals, etc.
- Oversee audit and SOX compliance on consignment, 3PL inventory, and LC-NRV.
- Provide insight and recommendations to FP&A and Operations with regard to the yearly budget.
- Increased accrual accuracy by working with both internal and external business partners on a regular basis to provide the most accurate financial statements as possible.
- Managed one direct report and was responsible for managing her schedule, performance reviews, goal setting and achievement, account reconciliation and journal entry reviews, and other tasks.
- Managed the Accounting process for the employee purchase and travel cards using the Concur platform. This included running reports for expense allocations and accruals, following up with business partners to ensure expense reports were submitted in a timely manner, and working with AP and Concur to resolve any EDI issues.
Sr. Operations Account
Nexeo Solutions
03.2015 - 11.2019
- Responsible for P&L Accuracy for the Operating facilities in the Midwest and the West Region of the United States.
- Worked closely with Plant Managers and Operations Directors to understand their costs and implement improvements to reduce costs.
- Oversaw SOX compliance for consignment inventory as well as LC-NRV.
- Worked closely with business leaders on redesigning the consignment inventory program which lead to cost savings of $100K a year.
- Designed and implemented a monthly 3PL inventory reconciliation process in conjunction with the Operations department.
- Responsible for the external audit reporting for my regions as well as consignment, 3PL, and LC-NRV
- Performed monthly and quarterly balance sheet reconciliations and well as flux explanations to Sr. Management for assigned accounts.
- Became a SAP power user and assisted with SAP testing for upgrades, new facility set ups, and other business rollouts on an ad needed basis.
Regional Cost Accountant
Nexeo Solutions
03.2012 - 03.2015
- Performed a weekly cost reconciliation for assigned products by comparing the most recent purchase price against the SAP standard cost.
- Analyzed the contribution margin for assigned products on a bi-weekly basis that either had a low margin (below 2%) or a negative margin, would root cause the issue and work with business partners to correct any billing issues before month end.
- Performed monthly, quarterly, and yearly close responsibilities in conjunction with Management reporting deadlines.
- Responsible for timely balance sheet account reconciliations and flux reporting to Management.
- Worked closely with Upper Management on the yearly external audit
Chemical Account Service Representative
Nexeo Solutions
01.2010 - 03.2012
- Worked with the purchasing department to maintain acceptable inventory levels for customers by using customer forecasts, stocking agreements, and historical sales history.
- Built business relationships with key corporate accounts by being the daily point of contact for Nexeo Solutions which assisted in growing the sales territory by 17% year over year in 2011.
- Maximized sales revenue by analyzing Nexeo costs on customer orders and working with other departments to move aged inventory and lower cost items that helped contribute to the second highest margin in the region.
Continuity Marketing
Verizon Wireless
04.2009 - 09.2009
- Sold phones and accessories to eligible customers by explaining the features and benefits over the phone. I used my excellent communication and persuasion skills to average a 40% close rate.
- Up-sold customers to higher calling plans by reviewing past bills and analyzing their needs and explaining the value of a higher calling plan.
- Trained team members who were struggling with sales on how to position products to the customers.
Corporate Account Manager
Enterprise Rent-A-Car
06.2007 - 03.2009
- Responsible for prospecting new business as well as finding new revenue opportunities within current corporate customers and was able to increase corporate revenue by 12%.
- Increased dealership revenue by 30% by effectively winning the business of the Mercedes and Volkswagen dealership that also drove the competition out of the key area of Cool Springs.
- Managed a fleet of vehicles and turned it into the most profitable branch per capita in the region with over $1,000 income per car and over $90.00 per car in optional insurance revenue.
Education
Masters - Accounting and Financial Management with a CPA emphasis
DeVry Keller School of Management
02.2012
Bachelor of Science - Management, Marketing
Lipscomb University
05.2007
Skills
Month-end reporting
Cost accounting
Account reconciliation
GAAP
Cost reduction
Quarterly reviews
Inventory auditing
Process improvement
SOX compliance
Month-end closing
Problem-solving
Timeline
Accounting Manager
Nexeo Plastics
11.2019 - Current
Sr. Operations Account
Nexeo Solutions
03.2015 - 11.2019
Regional Cost Accountant
Nexeo Solutions
03.2012 - 03.2015
Chemical Account Service Representative
Nexeo Solutions
01.2010 - 03.2012
Continuity Marketing
Verizon Wireless
04.2009 - 09.2009
Corporate Account Manager
Enterprise Rent-A-Car
06.2007 - 03.2009
Bachelor of Science - Management, Marketing
Lipscomb University
Masters - Accounting and Financial Management with a CPA emphasis
DeVry Keller School of Management