SHELBY RAY

Managed financial operations across multiple facilities, overseeing an Assistant Controller and a Financial Analyst to drive financial performance, process improvement, and operational accountability.

• Enhanced Operational and Inventory Transparency with Data-Driven Dashboards: Designed and coded production and inventory dashboards in PowerBI, meticulously cleaning and preparing data to ensure accuracy and reliability. These dashboards significantly improved transparency and accountability at all levels of the organization, resulting in a $2M reduction in labor variance YoY, and more effective inventory management.
• ERP Process Refinement with Microsoft Dynamics 365: Led the refinement of ERP processes within Microsoft Dynamics 365, streamlining production and inventory flows to enhance operational efficiency and data accuracy. This initiative strengthened alignment between financial and operational functions, improved inventory tracking, and reduced production delays.
• Cost Reduction Leadership: Spearheaded cost reduction efforts through comprehensive manufacturing variance analysis, achieving $1.2M in material usage savings YoY.
• Strategic Pricing Modeling: Developed pricing models for Long-Term Agreements (LTA), enhancing decision-making in contract negotiations, which led to a 45% margin improvement and an additional $2.2M in price gains.
• Inventory Management and Free Cash Flow Optimization: Led inventory control and reduction initiatives by implementing advanced forecasting and SKU rationalization, achieving a $1.7M reduction in inventory.
• Capital Expenditure Oversight: Prepared and reviewed financial justifications for major capital expenditures to ensure alignment with ROI targets and long-term value creation.
• Budgeting and Financial Compliance: Directed the annual budget process and forecasts, ensuring alignment with financial targets and regulatory standards. Supported external audits and tax compliance, maintaining organizational accountability and compliance.

Provided financial leadership and operational management to support the growth of a dynamic manufacturing startup.

• Team Leadership and Management: Oversaw a diverse team, including a Production Scheduler, Supply Chain Manager, Inventory Control, and AP/AR departments, ensuring cohesive operations across financial and production functions.
• Development of Tailored Accounting Systems: Orchestrated the development and implementation of customized accounting systems that ensured accuracy, operational efficiency, and regulatory compliance, establishing a strong financial foundation.
• Optimization of Production Processes: Led the creation and management of Bills of Materials (BOMs) and production routes, improving inventory turnover by 25% and enhancing overall financial health.
• Streamlining Manufacturing Workflows: Collaborated across departments to optimize manufacturing workflows, resulting in a notable throughput increase and generating an additional $5M in revenue YoY.
• Strategic Production Scheduling: Guided production scheduling strategies that aligned with demand and inventory goals, achieving a 93% on-time delivery rate and a 28% improvement YoY.
• Supply Chain and Inventory Management: Directed supply chain operations, inventory control, and procurement, implementing strategies that ensured timely material delivery, minimized costs, and mitigated risks.
• Financial Analysis for Fundraising: Played a crucial role in capital acquisition by crafting detailed financial models and investor presentations, successfully securing $6.5 million in funding.

Delivered comprehensive business management support across a diverse portfolio of ventures, including a clinic, hospitalist services, rental properties, and a cosmetic store, ensuring cohesive operations and strategic growth.

• Cosmetic Store Operations: Directed the day-to-day operations of the cosmetic store, managing end-to-end inventory procurement processes, developing targeted sales strategies, and implementing customer service initiatives to increase customer satisfaction and drive revenue growth.
• Cross-Business Financial Analysis and Reporting: Conducted in-depth financial analysis across all ventures, regularly tracking key performance metrics, analyzing revenue trends, and creating actionable reports. Leveraged insights to identify areas for improvement, optimizing operations and resource allocation to enhance profitability.
• Budget and Revenue Management: Oversaw the budgeting process, expense tracking, and revenue stream optimization for each business entity. Applied a disciplined approach to fiscal management, ensuring cost efficiency, sustained profitability, and alignment with long-term financial goals.
• Billing and Coding Oversight: Supervised billing and coding functions, ensuring accurate, timely processing across clinical services. Monitored compliance with healthcare regulations, minimized claim rejections, and maximized reimbursement rates to optimize revenue cycles for the clinic and hospitalist work.