Summary
Overview
Work History
Education
Skills
Timeline
Generic

William Postell

Lighthouse Point

Summary

Seasoned costing and manufacturing operations director in multiple industries. Experienced with strategic planning and project management. Utilizes leadership skills to drive team performance and operational excellence. Track record of delivering high-impact results through innovative problem-solving and effective communication.

Overview

26
26
years of professional experience

Work History

Director Cost Accounting

Point Blank Enterprises
01.2022 - Current
  • Direct all Costing Activities and Inventory Management for 6 Business Units using 4 different ERP Systems.
  • Direct and manage Cost Accounting staff, ensuring timely and accurate deliverables and commentary for operational performance.
  • Support Senior Leadership Team and stakeholders with all costing queries and margin analysis.
  • Lead culture change favoring leveraging ERP system reporting vs. desktop data mining in Excel, leading to a reduction in staffing.
  • Streamline month-end processes, with emphasis on Automating IS system reporting.
  • Enhance budget/forecast process for production and absorption planning.
  • Continuously improve costing standards to reduce dependency for inventory variance capitalization.

Manager Cost Accounting & Business Analysis

Bristol-Myers Squibb Company
01.2019 - 01.2022
  • Manage all Annual Product Cost activities for Budget. This includes a BOM Review, Cost Center Budget Review, and annual updates to Manufacturing Rates, including Labor, Equipment, and Overhead to determine product standards.
  • Manage Monthly Product Cost Actuals and Rates of Cost Absorption for P&L Commentary.
  • Align Production Absorption with Inventory Model for Headcount and Volume forecast accuracy.
  • Establish Annual Equipment Reserve Capacity expense.
  • Forecast and Execute Annual Inventory Revaluation.
  • Manage Monthly Closing activities and related Manufacturing Activities and Variances, including Volume Variance, Efficiency, PPV, and Spending Variances.
  • Coordinate commentary for Monthly Financial Results package and present at MBR.
  • Produce quarterly Official Forecast for changes in P&L and Balance Sheet metrics.
  • Partner with Manufacturing to support improved performance results.
  • Partner with Supply Chain Team on Cycle Count and Annual Physical Inventory.
  • Manage Inventory Reserves, E&O Reporting and present Monthly MRB Meeting and part escalation policy.
  • Perform monthly Balance Sheet reconciliations.
  • Partner with sister sites to establish relationships, align processes, and share insights.
  • Participate in Cost Overlay/Equalization process to ensure accurate margins throughout all global Markets.

Sr. Cost Accountant

Xylem Inc.
01.2013 - 01.2019
  • Manage 100K+ Part Cost Standards for AWS Auburn manufacturing facility, including performing the Annual Cost updates to Standards.
  • Developed tools for Annual Budgets and Monthly Financial Forecasts for Inventory, Standard Margin, PPV, and Overhead Absorption.
  • Provided detailed analysis and support to Sr. Leadership for Operational KPI’s including Overhead Absorption for multiple factories, Efficiency, Productivity, and PPV.
  • Worked extensively with Operations and Supply Chain teams to budget and forecast material purchases in excess of $135M and the planning and forecasting $45M+ Facility Inventory.
  • Developed data models to increase efficiency and improve reporting across business Cost Centers.
  • Managed numerous LSS projects, including a new process for managing E&O inventory levels resulting in measurable P&L savings. This process was shared and adopted over multiple manufacturing sites.
  • Managed 3rd Party and Inter-company AP and GRNI accounts, and working with suppliers to resolve disputes.

Plant Controller

Green Machine Sales
01.2012 - 01.2013
  • Established policies and procedures for manufacturing factory.
  • Developed Margin and Cost/Benefit analysis for New Sales Proposals.
  • Established Standard Costs and methodology for standardizing manufacturing processes to improve quality and consistency of production lines.
  • Developed costing procedures to improve reporting and planning to measure and improve efficiency.
  • Assisted in a wide range of responsibilities including Material Procurement and Pricing, Invoicing, Work Order Management, and Financial Planning.
  • Managed IT Department and ERP Software functions.
  • Managed Inventory Levels and created Physical Inventory Count Process.
  • Visited Customers to ensure customer satisfaction and establish relationships.

Inventory Manager

Mitchell Gold & Bob Williams
01.1999 - 01.2012
  • Managed manufacturing costs to produce Monthly Inventory Valuations, Work in Progress Valuation, and other variances.
  • Managed Annual Physical Inventory Planning, Execution, and Results Reporting.
  • Managed staffing and processes for Receiving, Inventory, Customer Returns, and Sales Aids Departments.
  • Established processes to improve costing standards through innovative Material Consumption Variance analysis.
  • Developed projects to improve efficiency throughout manufacturing process.
  • Assisted in Material Planning and ERP Demand programming.
  • Represented Manufacturing and Finance as SME for ERP implementation.

Education

BA - Economics

University at Buffalo
Buffalo, NY
01.1991

BS - Accounting

Lenoir-Rhyne University
Hickory, NC
01.2005

Skills

  • Proficient in SAP and MS Excel as well as numerous othe ERP systems
  • Certified Lean Six Sigma Green Belt
  • Clear and concise communication
  • Strategic planning
  • Operational efficiency management
  • Strategic business planning

Timeline

Director Cost Accounting

Point Blank Enterprises
01.2022 - Current

Manager Cost Accounting & Business Analysis

Bristol-Myers Squibb Company
01.2019 - 01.2022

Sr. Cost Accountant

Xylem Inc.
01.2013 - 01.2019

Plant Controller

Green Machine Sales
01.2012 - 01.2013

Inventory Manager

Mitchell Gold & Bob Williams
01.1999 - 01.2012

BS - Accounting

Lenoir-Rhyne University

BA - Economics

University at Buffalo

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