Laura Reznich

Chief Financial Officer at Plascon Group
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Contact Information
us****@****om
(386) 825-5501
Location
Frankfort, Michigan, United States, US

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Experience

    • United States
    • Plastics Manufacturing
    • 1 - 100 Employee
    • Chief Financial Officer
      • Dec 2022 - Present

    • Director of Finance
      • Jul 2020 - Dec 2022

  • Tiered Consulting, LLC
    • Frankfort, Michigan
    • President/Owner
      • Feb 2019 - Present

      Financial and Accounting help for small businesses. Business planning, organization, financial report preparation and analysis, temporary CFO/Controller services, treasury management and inventory control. Financial and Accounting help for small businesses. Business planning, organization, financial report preparation and analysis, temporary CFO/Controller services, treasury management and inventory control.

    • United States
    • Food and Beverage Services
    • 1 - 100 Employee
    • Director of Finance
      • Dec 2015 - Feb 2019

      Leading the financial strategy, growth and scale-up needs for company that during my tenure has doubled in size to a global operation with $90M in revenue with significant growth in workforce, facility needs, cash flow and leadership development requirements. As a member of the senior team, I have played a pivotal role in scaling up company procedures and processes to provide more accurate financial projections, aligning HR growth and needs with financial strategy. With international expansion, customer base is now 70% overseas, a deep understanding of compliance and navigation expertise with international regulations was required. Am responsible for 250 domestic employees within the operation which includes teams and individuals from HR, marketing, administration and financial support. • Helped secure a 5-year bank agreement with significant reduction in financing costs after assisting the CFO with a formal lender review and proposal process • Led Accounting/Finance Team during implementation of company’s 2nd ERP software package with a focus on delivering improved processes for costing products manufactured as well as enhanced inventory tracking and management• Assisted with due diligence for acquisition of a manufacturing facility estimated to add millions in sales annually• Responsible for significant reduction of required interim bank audits due to bank satisfaction of timely and accurate data provided• Implemented a Travel and Entertainment policy that saved the company 20% in travel-related expenses in first year• Serve in role as Assistant Treasurer on Executive Board with leadership team Show less

    • Accounting Manager
      • Sep 2001 - Nov 2015

      Prepared and analyzed consolidated financial statements for Graceland Fruit and subsidiaries including all financial reporting, income statements, balance sheets, cash flow and gross margin analysis. Performed cost analysis of manufacturing runs and maintained accurate inventory valuation. Managed 4-member team, including an accounting, accounts payable and payroll clerks and an assistant.• Successfully managed full recovery on a major insurable loss of property and extended business interruption claim, resulting in a $5M+ insurance settlement• Developed a reporting system to accurately and efficiently report cost of goods manufactured and build trend analysis of production metrics• Implemented and managed departmental budget to actual reporting for use in profitability analysis and accountability• Provided leadership in implementation of company’s 1st ERP software package integrating all financial, manufacturing, cost accounting, purchasing, maintenance, inventory, and warehousing applications• Implemented a treasury management system to improve cash forecasting of trade receivables and highlight collection issues. Day sales outstanding consistently at 30-35 (net 30) after implementation• Provided heavy leadership and contributions during a corporate restructure that resulted in an award-winning turnaround saving the jobs of 250 employees Show less

    • Norway
    • Packaging and Containers Manufacturing
    • 700 & Above Employee
    • Accounting Supervisor
      • 2000 - 2001

      Prepare and analyze financial statements for North American headquarters, including regional and divisional entities. • Reported financial results of all North American entities to Norwegian parent via Hyperion software • Manage and direct staff of two including the accounts payable function. Record and perform all cash transactions. Assist with year-end audit and the preparation of required audit schedules Prepare and analyze financial statements for North American headquarters, including regional and divisional entities. • Reported financial results of all North American entities to Norwegian parent via Hyperion software • Manage and direct staff of two including the accounts payable function. Record and perform all cash transactions. Assist with year-end audit and the preparation of required audit schedules

    • Information Technology & Services
    • 300 - 400 Employee
    • Accounting Manager
      • 1999 - 2000

      Provided strategic, analytical, and tactical leadership and support to accounting and finance leadership. Managed key financial aspects for company, including monthly financial reporting, financial close, forecast and annual profit plan, financial analysis, and financial policies and procedures. • Managed staff of three accountants responsible for payroll job costing, fixed assets, cash management, and extensive general ledger analysis • Directed staff on special projects as needed by the Controller. • Worked closely with audit staff on year end preparation. Helped to implement SAP software and assist in the design of SAP programs to aid in financial report Show less

Education

  • Michigan State University
    BA, Accounting
    1989 - 1993
  • Walsh College
    Masters, Finance
    1996 - 2000

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