Shawn Kehan

· Assist CFO with financial planning and yearly budget creation. Provided detailed ledger analysis and insight

· Led Quality of Earnings Analysis with 3rd party Firms during Company valuation in 2019 and 2021

· Provide support to CFO during company sale to Private Equity Firm in 2021

· Coordinated and provided support for external auditors to ensure efficiency during Financial, 401k and Work Comp audits

· Create journal entries to be entered by staff accountant

· Prepare financial statements for review by CFO and provide detailed analysis for material variances to budget plan

· Led implementation of Payroll & HRS System Feb 2019

· Assisted implementation of ERP System upgrade Apr2019

· Led Automation of Billing (Mar 2020 and Credit Card Processing (Apr2020) Estimating savings of $210k annually

· Implemented a cost savings initiative for all non-inventory purchases. Estimated savings of $95k over 2yrs

· Successfully transitioned banks, P-Card and Corporate Credit card programs

· Developed process improvement initiatives to reduce head count in department (Sept 2023).

· Direct staff to meet a demanding monthly close calendar

· Review and post all journal entries by senior staff accountant, financial analyst and staff accountant

· Prepare financial statements for review by controller and CFO

· Assumed role as interim Finance Director in this unique and complex management office of 15 inner-city Catholic Schools

· Managed the budget process for 2015-2016 school year including template redesign, board input and distribution, and consolidation and analysis to meet aggressive timetable for successful completion

· Quickly mastered the financial accounting and other systems in place to produce analysis for school and system level management including comprehensive analysis of scholarship and tuition income

· Developed stout relationship with staff and management to support operations

· Accomplishments: Discovered a material booking error resulting in additional $35,000 revenue recognition.

· Restructured the finance department to enhance the strengths of current staff while hiring additional members for needed areas

· Four-person team; Staff Accountant, Jr Staff Accountant, Accounts Payable Specialist, and Accounts Receivable Specialist

· Led the financial management of company’s growth from $67M to $94M while increasing profitability

· General Ledger coding of invoices, and adjustments to the Ledger for manual input including dimension allocations for cost centers, teams, projects and objectives

· Maintain, create, and block all General Ledger accounts, cost centers, teams, projects and objectives

· Perform balance sheet reconciliations

· Coordinate the creation of the annual budget for the company

· Assist all department managers in the preparation and review of their budget reports and consolidate for submission to FroniusInternational

· Directed process for preparation of all necessary documentation for external audit, federal, state and local tax returns, payroll and all insurance policies

· Created various data import templates to minimize staff’s manual entry and maximize efficiency and work time

· Daily interaction with FroniusInternational and other subsidiaries

· Accomplishments: Automated warranty exchange process to recognize over $1M in advanced materials allowing for proper accountability, returns, and collections

· Developed an electronic document system to reduce printing and paper backup documents by 85%

· Implemented Concur T&E for $250,000 monthly spend tracking

· Trained 100+ users resulting in an intangible cost savings of $175,000 annually

· Revamped collections process to improve a constant $3M+ past due report down under $1M in less than 9 months.

· Manage Accounts Receivable and Payable departments – Responsible for four employees

· General Ledger Coding

· Mastered state tax stamp system operations and reporting to ensure monthly state tax reports were accurate for DE, MD, NJ, NY, and PA

· Inventory control and management – Lead team of six for month end procedures in performing cigarette and tax stamp inventory counts, variance analysis, and adjustments

· Review and solve daily inventory issues resulting from shortages, out of stocks, and damages for all non-tobacco products

· Reconcile daily bank revolving line of $12 million through asset-based lending

· Assist Bank Auditors and State Revenue Department Auditors for PA, DE, NJ, and MD by compiling all necessary data pertaining to inventory, sales, expenses, and compliance

· Perform credit checks on potential customers and setup new customers in the database

· Create security interest filings of Uniform Commercial Code on customers

· Assist IT department with Electronic Data Interchange procedures from scanning shipment labels to performing system uploads and solving picking and shipment errors

· Assist purchasing department in placing purchase orders, product item setup, and pricing

· Analyze vendor velocities and update minimum order points for inventory items to maintain proper inventory on hand

· Accomplishments: Recognized for Outstanding work in Finance 2008 – First Year this award was ever presented

Improved Inventory variances from a consistent monthly shortage of 75+ cigarette cartons down to +/- 5.