JEFFREY T. FOUTS
Elkhart,Indiana
Overview
15
15
years of professional experience
Work History
Manager, Finance/Billing
R.A.S. Logistics
Elkhart, Indiana
01.2017 - Current
- Serve as top advisor on daily basis to executive team and operations management team
- Act as liaison between 4 regional operations directors and 6-member executive team to solve performance, cost, budget, and compliance issues
- Lead with Controller in supporting our annual outside audit of more than 80MM in company revenue
- Lead and manage 5-member Accounts Receivables team to ensure that revenue is recognized, collected, and reported accurately
- Hired and trained 3 new members, including one during COVID-19 pandemic, in last 3 years
- Audit inventory with CFO at 23 national locations and meet with upper management to train on proper inventory management and other system procedures
- Evaluate operational processes and capital expenditures for acquisition of 12 new multi-million-dollar facilities over the last 5 years
- Served as sole project/database manager for company-wide financial software migration and continue to provide support to Finance team as primary administrator for Acumatica ERP system
- Manage and support acquisitions and capital investments resulting in an increase of 81 percent in net operating income over the last 5 years
- Provide company with financial results, forecasting trends, compliance with budgets, and financial analysis tools to evaluate operational and contractor carrier pay programs
- Create month-end income statements
- Review month-end results with CFO and Controller and provide recommendations to increasing net income
- Execute other analyst tasks such as financial modeling, capital allocation, risk management, and information systems management
Plant Cost Accountant
Monogram Foods
Bristol, Indiana
01.2016 - 01.2017
- Served as member of senior management for plant
- Contributed to finance and accounting department team meetings and special projects
- Analyzed costs of manufacturing including raw materials and production units
- Calculated usage of raw materials and production units and entered into ERP system
- Worked with production team members and management to resolve discrepancies which resulted in reducing operational expenses by 10% and reducing overtime by 25 percent
- Generated various reports including manufacturing variance, material inventory, and finished goods
- Assisted with other accounting duties including month-end and year-end general ledger, budgeting, auditing, and financial analysis functions
Senior Financial Analyst
Midwest Automotive Designs
Elkhart, Indiana
01.2015 - 01.2016
- Analyzed costs of manufacturing including raw material, labor, and overhead to determine accurate costing for the bills of materials and inventory for luxury Mercedes-Benz sprinter van various builds
- Utilized SYSPRO and Excel to manage database and create cost models
- Customized the ERP system so that sales orders, purchase orders, and bills of materials modules synchronize with inventory and financial statements when a query is executed
- Acted as liaison between senior management team and operations to determine manufacturing processes and by conducting variance analysis in order to evaluate and determine appropriate costing, assign pricing, and assist purchasing and senior management in supplier evaluations leading to the reduction of vendors by 15 percent in six months
- Assisted in month-end and year-end accounting, budgeting, auditing, and financial analysis functions
Manager, Finance/Accounting
#1 – Will – Do, Inc.
Fishers, Indiana
01.2013 - 01.2015
- Supervised and executed financial and accounting functions including financial statement creation and analysis, cash, accounts receivable, accounts payable, budgeting, pricing, purchasing, auditing, data entry, and other processes
- Led senior leadership team to implement new and maintain existing financial policies
- Created and maintained new internal control procedures and processes
- Supervised other accounting and finance personnel including hiring, training, and replacing
Finance/Accounting Supervisor
UPS
Indianapolis, Indiana
01.2010 - 01.2013
- Analyzed revenue and expense variances for customers and operational performance that resulted in 15 percent more audits within our irregular packaging operation resulting in 25 percent revenue increases derived from our irregular packaging operation
- Co-orchestrated and implemented one of most comprehensive day-sort transformations in years for entire hub resulting in the consistent meeting and exceeding of company-mandated production goals
- Created an analytical framework for identifying and developing financial growth opportunities that was instrumental in increasing departmental revenue from 41MM to 50MM
- Generated ad-hoc reports for district, regional, and corporate managers both vertically and horizontally as requested, utilizing look-ups, macros, and pivot tables for the identification, evaluation, and presentation of various performance metrics, daily production goals, and variances
- Recommended operational improvements based on tracking and analysis
Education
Bachelor of Science - Financial Management
Indiana University
Bloomington, IndianaMaster of Business Administration -
Anderson University Anderson
IndianaTimeline
Manager, Finance/Billing
R.A.S. Logistics
01.2017 - Current
Plant Cost Accountant
Monogram Foods
01.2016 - 01.2017
Senior Financial Analyst
Midwest Automotive Designs
01.2015 - 01.2016
Manager, Finance/Accounting
#1 – Will – Do, Inc.
01.2013 - 01.2015
Finance/Accounting Supervisor
UPS
01.2010 - 01.2013
Bachelor of Science - Financial Management
Indiana University
Master of Business Administration -
Anderson University Anderson