Tom Runyon

Financial Controller at Advanced Power Technologies
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Location
Chester, New Jersey, United States, JE

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Experience

    • United States
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • Financial Controller
      • Nov 2019 - Present
    • United States
    • Beverage Manufacturing
    • 700 & Above Employee
    • Cost Accounting Manager
      • Jul 2018 - Oct 2018
    • Plant Controller
      • 2014 - 2018
    • Operations Controller
      • 2012 - 2014

      Gross Profit reporting and analysis, month end close for CGS, physical inventory reconciliation, standard costing, fixed assets/capital spending justifications, productivity reporting to parent company. •Generated $120k of annual revenue through a comparative outbound freight analysis •Generated $70k of annual cost reduction through a more comprehensive make/buy analysis Gross Profit reporting and analysis, month end close for CGS, physical inventory reconciliation, standard costing, fixed assets/capital spending justifications, productivity reporting to parent company. •Generated $120k of annual revenue through a comparative outbound freight analysis •Generated $70k of annual cost reduction through a more comprehensive make/buy analysis

    • Automation Machinery Manufacturing
    • 700 & Above Employee
    • Cost Accounting Manager
      • Jan 2001 - May 2011

      P/L reporting responsibility through GP, variance analysis, inventory reconciliations, LIFO deferred variances, budgets, overhead absorption. Supply chain, make/buy, and cost reduction analysis, transfer pricing, divisional business planning, fixed assets, depreciation and capital spending analysis. Staff size 4.• Managed divisional cycle count program eliminating physical inventories• Managed one and five year profitability planning reviews• Implemented product line and customer profitability analysis• Reduced month end close process 2 days• Responsible for all standard costs for 3 plants• Responsible for ROI analysis of capital projects• Responsible for financial and Sarbanes-Oxley audits Show less

    • A/P and Payroll Manager
      • 1995 - 2001

      • Streamlined payables process reducing headcount 15%• Managed DPO targets• Responsible for selection and implementation of updated payroll software• Responsible for timely vendor payment, participated in vendor negotiations, payroll management. Staff size 7.

    • Financial Analyst
      • Jan 1989 - Jun 1995

Education

  • Rutgers University–New Brunswick
    BA, Economics
  • Voorhees High School

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