Mark Petterson Email & Phone Number

Responsible for Cost Accounting and ERP system support, financial accounting, analysis and senior management presentations, and external audit support. • Responsible for QAD application support for cost accounting and month end close functions; manufacturing and financial reporting; financial planning and senior management presentations.• Provided weekly manufacturing accounting close functions and management reporting• Provided monthly, quarterly and year end manufacturing and financial close transactions and reconciliations; financial reporting and analysis, SEC inventory and manufacturing supporting schedules.• Completed annual standard cost roll and update for manufactured products; material, labor and overhead rate calculations; inventory excess and obsolete reserve calculation.GenMark Diagnostics- A $31 million molecular diagnostics company, develops, manufactures, sells, and supports instruments and molecular tests based on its proprietary eSensor detection technology.

San Diego, Ca, Us

Responsible for financial reporting accuracy of surgical medical device product inventory and instruments for the spine.• Manage inventory and instrument reporting, physical inventory counts and reconciliations for major product supplier. • Inventory instrument and inventory reserve calculations and process change updates.• Create month end close journal entries to reconcile inventory, calculate inventory and instrument product line reserves and intercompany product sales eliminations.• Provide internal and external audit schedules, SEC sales reporting and product scrap reports.• Collaborate with the supply chain department to improve internal processes and product costing.• Special Projects- Process change for standard cost implementation, inventory policy research and recommendations, SAP data reconciliations.

Ca, 92121, Us

Financial Analyst IV (2012 – 2012)Financial reporting for the sophisticated $190 million blood screening business encompassing planning and analysis of product sales, gross profit, and collaborative expenses.Manager, Finance (2010 – 2012)Acting plant controller for an acquired $30 million transplant diagnostics business in Stamford, CT. Overseeing daily financial and accounting operations, financial management reporting and budgeting.Senior Cost Accountant IV (2009 – 2010)Responsible for analyzing and interpreting financial results and trends for management then presenting results while making recommendations to management & cross-functional teams.Senior Cost Analyst / Senior Cost Accountant III (2004 - 2009)Responsible for accurate and timely financial reporting activities, and proper valuation of inventory, cost of goods sold, and R&D materials expense. Developed internal management reports & financial commentary.

Responsible for ERP system support, financial accounting transactions, reporting, analysis, and auditing. • Reviewed procedures and processes for month end close and management reporting: raw materials, work in process, finished goods, in transit outbound inventory, general ledger reconciliations, bill of material updates, inventory and WIP transaction auditing, inventory status subsystem auditing and inventory reserve analysis.• Responsible for Epicor application support for cost accounting and accounts receivable functions.Cardinal Health, Pyxis Products Division- Healthcare drug & supply automation.Thermo Gamma-Metrics- Manufactures and services radiation measurement equipment for the physical and chemical properties of materials: coal, cement, minerals and nuclear industries.Proxima Corportation- Sales and repair of digital projectors.

San Jose, California, Us

A vital member of a special projects team planning, implementing and training a client/server based materials requirement planning (MRP) system for a fortune five company. Projects included: database setups, validations, and maintenance; training users how to make transactions for inventory movements and paperwork processing; management report writing for various departments: purchasing, logistics, warehousing, production, production planning, quality assurance, factory reporting, and information technologies; and financial reporting for both generally accepted accounting principles (GAAP) and local statutory requirements. Factory sites: Almaty, Kazakstan; Bucharest, Romania; Krakow, Poland; Kharkov, Ukraine; Krasnodar and St. Petersburg, Russia.

San Diego, California, Us

Provided ERP accounting system conversion support: data sub-ledger reconciliations, management reporting and analysis, process and procedure documentation.

Responsible for the cost accounting department which included implementing, maintaining and updating the standard cost manufacturing system: Material, labor, outside, and overhead costs for raw materials, work-in-process, and finished goods. Provided multi-project tracking and reporting on field service installations and warranty jobs. Supervised and performed month end financial close including manufacturing variances entries, field service overhead allocation, cost of sales, facilities allocation, inventory reconciliation, purchase price variance and labor distribution entries. Implemented an inventory cycle counting system and the inventory costing system. Routinely updated standard costs and inventory values.

Hired to implement a computer based material requirements planning (MRP) system and accounting support. Prepared, coordinated, implemented and developed Expandable/MRP Manufacturing and Accounting software package to company standards in conjunction with designing and writing management reports for daily financial evaluations and tracking key operating indicators. Provided system support and employee training for system conversion. Responsibilities included the monthly financial close, general ledger journal entries for labor distribution and job cost manufacturing variances.

Developed and administered standard job cost manufacturing system for over 3,000 finished goods and 5,000 component parts; improved product costing accuracy and timeliness by implementing internal procedures, and reviewing significant manufacturing variances with department managers. Updated standard cost rates quarterly, and analyzed and adjusted labor, material and outside cost overhead rates. Conducted month end financial close of the accounting system including general ledger journal entries for expense accruals and inventory reconciliation adjustments. Prepared monthly management reporting package that includes financial statements, charts and graphs of operating results and performance statistics. Coordinated annual operations budget for 22 departments. Actively participated in the annual physical inventory and periodic audits of the cycle counting procedures.

Corporate liaison between headquarters and manufacturing plants. Accountable for month end close, operations reporting, and manufacturing cost analysis for four glass manufacturing plants and one crown manufacturing plant. Interaction with upper management, internal and external auditors, and information systems department on a regular basis. Active participation in the design and modification of Kerr's "in-house" financial and manufacturing system. Reports: standard manufacturing cost calculations, mold profitability, obsolescent inventory and sales by commodity. Reviewed plant controllers' general ledger journal entries; finished goods, work-in-process and raw materials inventory reconciliation: inventory valuation calculations and adjustments; inter-company sales, transfers and profit eliminations; operating cost and headcount allocations. Responsible for various corporate and division reports: sales by commodity comparison, product line comparison, sales unit comparison.

Completed a financial management trainee program with instruction in general accounting, financial planning, pricing and estimating, cost accounting and timekeeping. Received an excellent performance review and promoted to cost accountant in less than one year of a two year program. Reduced timecard and paycheck sorting process by 20%. Assignments included: Securities and Exchange Commission filings; account analysis; selling and administrative expense analysis; updated chart of accounts; business plan preparation; constructed spreadsheets for special projects and recurring reports; computed overhead rates and variances; labor collection and analysis.

Bachelor Of Science, Accounting

Education record