Jared Kapp Email & Phone Number

Summary: The lead for Data Conversion, Data Cleansing, System Optimization and Enhancements for the business as we moved three Sikorsky offsite businesses into the existing RMS.* Facilitated, collected, reviewed, and edited all business documents related to conversion of Sikorsky Commercial business into the existing RMS Cost Accounting Standards (CAS). * Accountable for over 1,200 data conversion/cutover/cleansing activities across all functional areas.* Solution architect for system optimization and enhancements related to Project System design.* Coordinated, reviewed, and audited all key system integrations along with manage the relationship of our external auditors. * Designing and coordinating digital transformation initiative along with organizing and managing change teams.

Hartford, Connecticut Area

The business lead for Project Systems, which is considered the spine of this integrated ERP solution. Was responsible for over 200 Program Finance personnel.* Converted over 800,000 Project Structures and 10M WBS elements for both Commercial and USG projects.* Solutioned over 50 different business cases meeting ASC 606 revenue recognition requirements and new reporting requirements determined by corporate.* In charge of all Project System conversion and go forward design, testing and signoff.

Tarrytown, Ny

Ultrafabrics® is a $80M+ Million, privately held company specializing in the engineering, manufacturing and distribution of the highest quality polyurethane fabrics on the market. The certified manufacturing facility in Japan allows them the ability to develop unique products to specification and to deliver globally. They leverage this strength from servicing markets as diverse as automotive and aviation, to contract, healthcare and hospitality. At its core, Ultrafabrics® strives to establish successful long-term relationships with clients by providing them with an unmatched quality of product and service.Fully in charge on all Finance and Accounting activities which included: P&L, Balance Sheet, Cash Flow, Financial Reporting and Analysis, Consolidation, Cost Accounting, A/R, A/P, Fixed Assets, Taxes, Cash Management, Monthly Reporting, Inventory, Pricing, Commissions, Purchasing and Selling of Foreign Currency, Budgeting and Forecasting, Supplier Negotiations, and Banking Activities. Served as a member of the executive leadership team. Collaborated with and supported the executive team as they embark on significant growth initiatives.ACCOMPLISHMENTS:* Consolidated 4 sets of books at different locations and in different currencies all within 24 hours monthly.* Increased Gross Margins by four points within six months through revised rate structures, quoting models and pricing rules.* Replaced 85% of underachieving employees with superlative individuals while not missing a deliverable or deadline.* Formulated a multi-factor swap spread model that enabled an recommended optimal hedging strategy to reduce risk and exposure of material. * Overseen and coordinate all Audit activities and maintain internal control safeguards.* Completed Quality Of Earnings (QOE) in 3.5 weeks for RSM and Lincoln Finance Group.* Negotiated and obtained $10 Million line of Credit

Shelton, Ct

Responsible for developing and maintaining accounting principles and procedures to ensure accurate and timely financial statements, flux reports and preparation of monthly narratives.Manage tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, yearend audit preparation and the support of budget and forecast activities.High level of interaction with business unit senior management while supervising a staff of seven administrators/staff accounts.Responsible for preparation and review of monthly WIP balances, review and approval of general expenses, accrued expenses, deferred revenue, fixed fee revenue recognition, revenue accrual, as well as other balance sheet accounts for five business units.ACCOMPLISHMENTS:Reduced Work-In-Process (WIP) from $14.6M to $6.8M resulting in increased cash flow by re-evaluating, negotiating, and structuring contracts to have more milestone payments.Slashed accounts receivable from $2.7M over 120 days to $270K over 90 days via developing standard work and credit policies, instituting aggressive collection strategies and establishing constructive dialogue with delinquent accounts. This resulted in a 114 day decrease in Days Sales Outstanding (DSO). Instrumental in improving gross margin by 22% through resource planning and allocation of human capital by implementing a time keeping system; thus reducing bench time. Also introduced key performance indicators (KPI’s) and Flash Reports to help manage the business.Condensed closing activities from 5 days down to 3 days for monthly closes of financial results through development of automated transactions, standard work, and utilizing Achieving Competitive Excellence (ACE) (i.e. Lean Six Sigma) tools.Initiated strategies to redeploy company resources, resulting in 20% increase in sales by partial withdrawal from high-risk/low-margin contracts.Reduced G&A expenses by 19% through cost containment and restructuring.

Shelton, Ct

Administered all Sikorsky Aerospace Services SAP integrations including leading new software enhancements, ensuring that business requirements and control objectives were meet.Served as the main liaison between Finance and IT to identify required forms, reports, interfaces, conversions, controls and end-user requirements.Integrated acquisitions into Sikorsky control environment including the setup of ARMS (Account Reconciliation Management System), Risk Assessments, and Sarbanes Oxley requirements.Provided post go-live support to the Finance organization to ensure seamless transition to SAP.Preformed Accounting Control Assessments to identify areas of opportunities for improvement in operations and controls.ACCOMPLISHMENTS:* Lead cross-functional SAP implementations at off-site location (up to 30 members).* Preformed three integrations within a 9 month period.* Performed detailed process mapping analyses of various business functions and testing to ensure that proper segregation of duties existed in daily operations and to identify manufacturing operation weaknesses.

Trumbull, Ct

Supervised all accounting functions in managing this full P&L and Balance Sheet, including financial reporting and analysis, internal controls, forecasting and budgeting, tax reporting, pricing and cash management of this 225M dollar aftermarket business.Part of the Finance Leadership Team with responsibilities to guide the organization in meeting business plan objectives, financial performance goals and developed and defining strategic growth opportunities.Coordinated and led Sarbanes Oxley testing.Capital Administer and Finance Lead for all cost saving tickets.Developed, trained, motivated and managed staff on a day to day basis, established goals and provided performance feedback for 5 employees all with diverse backgrounds.Implemented online expense reporting system and online account reconciliations along with leading the accounts payable outsourcing project.Utilized ACE (Achieving Competitive Excellence) operating system to drive cost reduction, improved efficiencies and enhance customer satisfaction.ACCOMPLISHMENTS:* Boosted inventory turns from 4.2 to 6.1 in one year timeframe via providing senior management with KPI’s, flash reports, and better forecasting of asset demand. Improved process for determining excess and obsolete (E&O) inventory reserve, potentially reducing E&O inventory balance. Established and documented standard work procedures.* Condensed the month-end closeout process from an average of 4 days down to 2 days while also eliminating 70% of the overtime being worked during this time period by using ACE (similar to Six-Sigma) tools and Kaizen events. * Replaced 40% of eliminated positions with high-caliber internal and external candidates while rebuilding and maintaining a very high level of energy and morale within the group.

Stratford, Ct

Operated as a liaison and financial consultant to Engineering Management and staff to support the Engineering Department in meeting its financial business objectives and metrics. Responsible for a complete understanding of the cost flow, plan, and forecast of all salary related accounts, specifically as it relates to the staffing requirements generated in RPS for 3,000+ Engineers.Developed a salary planning model that encompasses Direct, Indirect, DOI, and on-site and off-site contract labor and an operating planning model that encompassed all Indirect Cost Elements.Leader of the Finance Department Activities Team which is responsible for developing and participating in activities in order to increase employee engagement within the Finance Department. Increased employee engagement from 50% to 78% while increasing employee morale. ACCOMPLISHMENTS:* Leaded the user acceptance testing for Hyperion Planning (HFM).* Developed capital appropriation requests, requirements, justification including ROI and budget for all capital as needed.

Stratford, Ct

Coordinated all inputs, variance analysis and reporting from 24 Budget Administrators along with assisting them with any technical questions relative to SAP and/or Business Warehouse.Hosted monthly meetings to share best practices and communicated issues and updates with all 24 Budget Administrators. Met with all the Finance Directors each month to review actuals and determine the forecast for the remainder of the year along with meeting with CFO to discuss SG&A results.ACCOMPLISHMENTS:* Developed and created over 300 pages comprehensive working instructions including 50 page in-depth understanding of the assessment process for this position.* Sustained a 100% on-time internal and external reporting record including that for monthly closing results (variance to forecast/plan/prior year), contract reporting/analysis, and forecasts for annual and long range plans including identification of risks and opportunities.

Stratford, Ct

Provided functional and technical knowledge of the business demands and incorporated them into the system design in the rollout of SAP R/3 4.71 implementation Aerospace & Defense solution.Identified required forms, reports, interfaces, conversions, enhancements, controls, and end-user requirements for the entire Aftermarket Group consisting of Spares and Overhaul and Repair operations (MRO).Gathered requirements and tested custom functionality and design of FI/CO and GPD modules. Worked closely with member of Finance and Accounting teams to facilitate effective development on FI/CO, GPD, Project Systems (PS) to ensure senior management requirements were met.Created Business Process Procedures (BPP) and provided training and coaching to end-users.Tested reports that required the implementation of System Change Requests and user exits in GPD and PS. Organized and present high-level presentations of the proposed ERP solution to senior management.ACCOMPLISHMENTS:* Increased productivity by implementing SAP system which reduced manual/duplicate efforts and eliminated an estimated 200 subsystems. Achieved company goal of a comprehensive, integrated, cross functional business process solution resulting in an improved alignment of strategies and operations. Responsible for design, testing, conversion and training of department staff for the Finance (FI) / Controlling (CO) & Project Systems (PS) modules which allowed for a smooth transition to the new SAP system.

Stratford, Ct

Owned all aspects of Aftermarket Spares contracts including planning, forecasting, reporting, risk assessment, variance analysis, management of cost mitigation opportunities, and overall health of each contract for this 380M dollar group.Presented direction, analytical support, and cost/benefit analyses for non-recurring projects (i.e. special projects), and provided required accounting support for preparation of capital appropriation requests as needed. Application of, and competent knowledge in, the field of Cost Accounting utilizing a Standard Cost and Job Order Output Cost Accounting System (JOOC).ACCOMPLISHMENTS:* Identified $16M in margin pick-up by analyzing inventory levels, cost incurred, development of Estimate To Completion (ETC/EACs) and GAAP recommendation on this warranty program.* Launched financial reporting metrics and identified key performance indicators to monitor and increase performance, based on understanding of current events, program activities, inventory, cost incurred, hour targets, and delivery schedule. Established “what-if” scenarios to facilitate decision making process for senior management.

Stratford, Ct

Developed comprehensive financial planning and analysis reporting, which included variance analysis, cost review, inventory liquidation, revenue recognition and associated program financial risks and opportunities for O&R activities for this 215M dollar business segment.Aligned revenue recognition policy to current GAAP recommendation (i.e. cost incurred basis versus flight hour basis).Financially interpreted contracts for risk and opportunity for labor and material usage, quantity requirements, non-performance of logistic engineering change and contract termination requirements. ACCOMPLISHMENTS:* Developed, supported and maintained cost saving initiatives for programs, including outsourcing a number of activities, leaning out the repair process to increase margin by 30%.

Mayfield Heights, Oh

Performed financial, operational, and some portions of EDP audits for this $3 billion international corporation composed of manufacturing, natural resources, and retail subsidiaries.Reviewed business processes for effectiveness and efficiency and provided guidance in best practices and process improvement along with a quality assessment of internal controls. Performed detailed process mapping analyses of various business functions to ensure that proper segregation of duties existed in daily operations and to identify manufacturing operation weaknesses.Planned, administered and conducted all aspects of the audit engagements, including the supervision, training and evaluation of staff personnel.

Pittsburgh, Pa

Executed all phases of independent audits of publicly and privately owned proprietary businesses primarily small to midsize manufacturing companies. Financial Analysis & Reporting – Financial statement preparation and review of related interpretation of current accounting and reporting guidance. Preparation of management letters, outlining suggestions for improvement in internal control, business processes and financial reporting.

Mba, General Management, 3.6

Ms, Finance, 3.8

Bs, Accounting And Actuarial Studies, 3.4

Activities and Societies: Founder and President of Ski Club, Captain Track & Field, Cross Country, Chi Eta Sigma, and FCA