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Richard Selvy is a seasoned accounting professional with over 40 years of experience in financial accounting, cost accounting, and general ledger management. He has held various roles, including Financial Projects Coordinator, Manager of Financial Accounting, Senior Accountant, Senior Cost Accountant, and Staff Accountant. He has worked with notable companies such as Moorman Manufacturing Company, Quincy Soybean Company, HBC Solutions (formerly Harris Broadcast), and Dot Foods.

Experience

  • Dot Foods
    • Mt. Sterling, Illinois
    • Staff Accountant
      • Jun 2014 - Present
      • Mt. Sterling, Illinois

    • Senior Cost Accountant
      • Mar 1998 - Mar 2014
      • Quincy, Illinois

      Coordinated and maintained standard costing. Prepared and distributed daily operational metrics and key performance indicators. Forecasted costs for orders in backlog. Reconciled perpetual and work in process inventories to the general ledger. Analyzed Purchase Price Variance focusing on vendor and buyer performance. Prepared Product Cost Models including bill of material components comparing standard and last received costs to help identify critical cost reduction studies. Reviewed production variances to determine cause and appropriate action to resolve.

  • Quincy Soybean Company
    • Quincy, Illinois
    • Senior Accountant
      • Apr 1995 - Mar 1998
      • Quincy, Illinois

      Coordinated full charge accounting activities for parent and consolidated group. Designed, prepared and distributed various financial, budgetary and operational reporting. Administered accounting system software including security, training, documentation and user support. Implemented accounting system including software selection and historical data conversion.

    • Financial Projects Coordinator | Manager of Financial Accounting
      • May 1977 - Apr 1995
      • Quincy, Illinois

      Completed installation of General Ledger software, expanded its functionality and trained organization. Developed and implemented accounting plan for legal entity restructuring. Coordinated and directed accounting for parent company, selected subsidiaries and consolidated group. Directed and mentored personnel in preparation of financials and other accounting functions such as budgets, payables, receivables, fixed assets and payroll. Audited and evaluated internal controls and administration of company policies.

Education

  • 1973 - 1977
    Illinois State University
    Bachelor of Science (B.S.), Accounting and Economics

Suggested Services

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Industry Focus. “Accounting”

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