Laurie Olver
Financial Controller at Great Lakes Power Products- Claim this Profile
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Bio
Experience
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Financial Controller
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2017 - Present
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Financial Controller
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2013 - 2017
• Prepared daily, weekly, and monthly reports and analysis on the performance of the business across multifunctional areas to all levels of the company. • Responsible for entire month end close process and publishing all financial statements. • Determined raw material and finished goods standards along with reconciling raw material, WIP, and finished goods inventory on a monthly basis and for the yearly physical. • Responsible for bank borrowing base and covenant calculations along… Show more • Prepared daily, weekly, and monthly reports and analysis on the performance of the business across multifunctional areas to all levels of the company. • Responsible for entire month end close process and publishing all financial statements. • Determined raw material and finished goods standards along with reconciling raw material, WIP, and finished goods inventory on a monthly basis and for the yearly physical. • Responsible for bank borrowing base and covenant calculations along with loan and interest payments. • Processed all AR and AP functions including invoicing, cash application, credit approvals, invoice matching, and vendor payments. • Coordinated and facilitated interaction with Skoda Minotti for annual audit review. • Prepared financial statements and ad hoc analysis for USM Fluid Power and USM Properties. Show less • Prepared daily, weekly, and monthly reports and analysis on the performance of the business across multifunctional areas to all levels of the company. • Responsible for entire month end close process and publishing all financial statements. • Determined raw material and finished goods standards along with reconciling raw material, WIP, and finished goods inventory on a monthly basis and for the yearly physical. • Responsible for bank borrowing base and covenant calculations along… Show more • Prepared daily, weekly, and monthly reports and analysis on the performance of the business across multifunctional areas to all levels of the company. • Responsible for entire month end close process and publishing all financial statements. • Determined raw material and finished goods standards along with reconciling raw material, WIP, and finished goods inventory on a monthly basis and for the yearly physical. • Responsible for bank borrowing base and covenant calculations along with loan and interest payments. • Processed all AR and AP functions including invoicing, cash application, credit approvals, invoice matching, and vendor payments. • Coordinated and facilitated interaction with Skoda Minotti for annual audit review. • Prepared financial statements and ad hoc analysis for USM Fluid Power and USM Properties. Show less
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Stanley Black & Decker , Inc.
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United States
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Manufacturing
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700 & Above Employee
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Senior Financial Analyst
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2009 - 2013
• Prepared reports and analysis on the performance of the business over different time frames for many different functions of the business. • Created and processed the product line reporting and analysis. • Led the monthly forecasting process and was heavily involved in the budgeting and strategic planning processes. • Assisted in calculating the salesmen and outside representative commissions for our sister division in the Engineered Fastening group. • Supported business… Show more • Prepared reports and analysis on the performance of the business over different time frames for many different functions of the business. • Created and processed the product line reporting and analysis. • Led the monthly forecasting process and was heavily involved in the budgeting and strategic planning processes. • Assisted in calculating the salesmen and outside representative commissions for our sister division in the Engineered Fastening group. • Supported business decision making with analysis and active participation on project teams. • Prepared multiple Excel and Power Point presentations throughout the year for our Quarterly Reviews, Quarterly Communication at site, Strategic Plan, and Operating Plan. • Responsible for all AR functions including cash application, credit approvals, and bad debt reserve calculation. • Led the data entry processing group for the annual physical inventory along with assisting the controller with any operations functions when needed.
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Global Financial Analyst
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2002 - 2009
• Provided timely information to leadership via simplified and efficient reports and analysis. • Created and distributed the global distributor scorecards and internal metrics for the sales organization. • Assisted in the global monthly forecasting process along with the annual budgeting and strategic planning processes. • Supported business decision making with analysis and active participation on project teams for new product development, material cost reductions, and accounts… Show more • Provided timely information to leadership via simplified and efficient reports and analysis. • Created and distributed the global distributor scorecards and internal metrics for the sales organization. • Assisted in the global monthly forecasting process along with the annual budgeting and strategic planning processes. • Supported business decision making with analysis and active participation on project teams for new product development, material cost reductions, and accounts receivable turns. • Prepared multiple global Excel and Power Point presentations throughout the year for various executive meetings. • Led the data entry processing group for the annual physical inventory along with assisting the controller with any operations functions when needed. • Site leader for two Corporate systems implementations of HFM and Smartview and heavily involved in implementation of new general ledger system (Navision) at location.
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Avery Dennison
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United States
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Packaging and Containers Manufacturing
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700 & Above Employee
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Divisional Accountant
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2000 - 2002
• Processed month end closing for the division, ensuring accurate and timely reporting of financial performance. • Completed corporate reporting requirements, including weekly and monthly Hyperion input, quarterly corporate reports, and annual corporate reports. • Coordinated and facilitated interaction with outside audit and corporate accounting. • Managed divisional fixed asset accounting, including annual planning and quarterly forecasting. • Coordinated implementation of… Show more • Processed month end closing for the division, ensuring accurate and timely reporting of financial performance. • Completed corporate reporting requirements, including weekly and monthly Hyperion input, quarterly corporate reports, and annual corporate reports. • Coordinated and facilitated interaction with outside audit and corporate accounting. • Managed divisional fixed asset accounting, including annual planning and quarterly forecasting. • Coordinated implementation of Hyperion reporting system by providing leadership in the department for use of this new tool and its capabilities. • Supported business decision making with analysis and active participation on project teams.
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Financial Analyst
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1999 - 2000
• Analyzed all aspects of the operations of the business against targeted performance and provided recommendations for improvement including product line issues and expense reductions. • Provided timely information to leadership via simplified and efficient reports. • Supported annual operating plan and quarterly forecasts. • Processed month-end closing and provided monthly reports. • Maintained the integrity of inventory and cost information in the manufacturing system. •… Show more • Analyzed all aspects of the operations of the business against targeted performance and provided recommendations for improvement including product line issues and expense reductions. • Provided timely information to leadership via simplified and efficient reports. • Supported annual operating plan and quarterly forecasts. • Processed month-end closing and provided monthly reports. • Maintained the integrity of inventory and cost information in the manufacturing system. • Processed analysis requests made by Corporate and Price Waterhouse Coopers. • Assisted the sister division in month-end close and miscellaneous projects.
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Accounting Analyst
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1998 - 1999
• Provided accounting, financial, and planning support for R&D, Facilities, and South Africa. • Performed all closing responsibilities timely and accurately. • Understood details of expense spending and budgets. • Developed and reported Six Sigma financials. • Analyzed all bonus and sales incentive balances. • Reconciled fixed assets during transition to new system. • Processed FRNA headcount data.
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Finance Career Development Trainee
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1997 - 1998
• Assisted in developing 1998 Annual Operating Plan. • Retrieved sales / orders information at multiple levels through Strategy queries. • Costed both current and possible future products and their components. • Achieved knowledge of the Manpower Expense Planning system and its use in the planning process. • Separated products into their components through the use of Mfg Pro and MCS.
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Education
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John Carroll University
Bachelor of Science in Busines Administration, Finance