Fred Powers has a proven track record in accounting, financial reporting and analysis with an MBA degree....
FRED POWERS Email:
[email protected] https://www.linkedin.com/in/fredpowers
Sugar Land, TX 77479 CONTROLLER
I have a proven track record in accounting, financial reporting and analysis with an MBA degree. I focus on using technology driven solutions to achieve business goals. An additional key strength includes a background in human resources and staff management. I have implemented actions designed to streamline and strengthen financial operations and reporting, to control cost, maximize cash flow and enhance forecasting. I have been a key member of the management team in the achievement of business goals. Areas of experience include:
Financial Statements Cash Flow Budgets: Operating and Capital Forecasting Bank Reporting and Compliance GAAP Compliance Financial and Accounting system integrity Operations Management ERP Acquisition and Implementation Department Supervision and Training
Treasury Credit Assessment and Collections Business Taxes and Reporting Audit and Tax Coordination Private Equity and S Corp. Reporting Job Cost and Project Management Risk Management Human Resources and Payroll Employee Benefits/ Retirement Plans Business Continuity
PROFESSIONAL EXPERIENCE TGR Industrial Services, Houston, TX, July 2015-September 2015 A national provider of non-destructive testing and heating treating services. Assures the integrity and optimization of critical components and process systems. Private equity owned. Interim Chief Financial Officer Accounting responsibilities included consolidated financials, management of all accounting functions and staff, IT management, cash flow and reporting, tax reporting and coordination with outside tax consultants. In addition prepared month end reporting to executive group, bank and equity group. Sirius Solutions, L.L.L.P, Houston, TX, 2015Independent business consulting firm specializing in the areas of financial advisory, business operations, compliance & controls, legal & economic advisory and technology. Consultant Encompasses the review and analysis of business entities organizational and financial reporting systems, as well as performing in the role of various accounting management positions. Beta International Inc., Houston, TX, 2014-2015 International industrial distributor of valves, piping equipment and construction supplies for oil & gas projects and process industries. Business closed due to oil industry downturn.
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Controller Accounting responsibilities including all financial and business performance reporting, consolidated financials, budgeting, tax reporting, cash flow and bank relations. Responsible for the implementation of Navision ERP platform, including projects accounting and reporting. Accounting staff supervision. Accomplishments:
Determined that approximately $1,000,000 dollars of past due receivables were not submitted to customers properly. Established new credit procedures and collected the past due balances. Shortened month end closing process by 10 days resulting in more timely reporting. Established a plan to correct an unsuccessful ERP implementation. In addition, I increased the project’s scope to expand the system reporting capabilities.
Andon Specialties Inc., Houston, TX, 2002-2014 Manufacturer’s sales representative and industrial distributor of industrial control systems, instrumentation, hi-purity, mechanical and analyzer applications to the oil and gas, petrochemical and semi-conductor industries. Controller and Director of Human Resources Accounting responsibilities including all financial and business performance reporting, budgeting, tax reporting, cash flow, yearend and audit coordination,credit and collections, bank relations and reporting. Additional management responsibilities included IT, fixed assets, depreciation, operations, fleet and risk management and business continuity plans. Accomplishments:
Acquired new ERP platform within budget and on schedule. Implemented business intelligence software, Corvu, for comprehensive business analysis. Established financial controls to ensure GAAP accounting system integrity and compliance. Reduced general liability coverage costs by 40%. Created a comprehensive human resources program encompassing candidate recruitment and tracking, new hire on boarding, employee training, leadership development and an employee performance assessment program. Implemented Halogen, a web based, human resources program. Administered employee benefits program and 401K plan. Acquired and implemented the accounting system for a new business entity, AES Services, LLC. EDUCATION
University of Houston, Houston, TX, MBA Accounting and Business Management University of Memphis, Memphis, TN, BBA, Magna Cum Laude Accounting and Human Resources ORGANIZATIONS
Institute of Management Accountants Society for Human Resource Management
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