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Extensive experience in the finance and accounting areas, with over 30 years in industry with progressive advancement. Working closely with all levels of administration and staff, establishment and implementation of the startup of the accounting and finance departments, set strategic plans, develop budgeting and forecasting, and implement various aspects of our computer system to aid in operating our production facility and obtaining useful and valuable information. A proven leader in developing and leading the accounting and finance function in manufacturing organizations. Specialties:• Generally Accepted Accounting Principles (GAAP)• Financial Statement Preparation• Costing Development and Implementation• Inventory Control• Working Capital• Financial Analysis• Banking• Budgeting and Forecasting• Cash Flow Forecasting• Computer Software functions including GL, OE, AR, AP, Inventory, PO, FA, DC, Production• Bank Loan Negotiations• Oversight of banking field audits.• Annual audit or review of financial statements• Contract Negotiation• Interdepartmental Leadership
Vacudyne
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ControllerVacudyne Apr 2015 - Present
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Vice President-FinanceBobak Sausage Company Dec 2009 - Apr 2015Chicago, Il, UsResponsible for the preparation and analysis of monthly Financial Statements. Develop and lead the annual Budgeting and Forecasting Process. Responsible for weekly Cash Flow Analysis and monthly Financial Statement Analysis. Lead interdepartmental oversight of Manufacturing, Quality, Maintenance. Oversee the Cost Accounting function and all aspects of accounting and finance including AR, AP, Purchasing, Order Entry, Production reporting, Data Capture, Fixed Assets. Negotiate bank loans and covenant terms. -
ControllerBobak Sausage Company Jun 2001 - Nov 2009Chicago, Il, UsResponsibilities also included department gross margin reporting for the retail and restaurant divisions, as well as our wholesale operation. Accounts receivable collections, cash management, internal controls, and development of accounting policies and procedures. Also included were all aspects of costing including activity based costing analysis, material and labor analysis, all sales analysis and sales tax reporting, insurance review and management of inventory. -
ControllerLeon'S Sausage Company Aug 1998 - Jun 2001Monthly financial statements, annual audit, annual budget, financial statement analysis, establishment of accounting policies and procedures, accounts receivable collections and development of formula product costing and gross margin reporting.
Michael Phalen Skills
Michael Phalen Education Details
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Depaul Driehaus College Of BusinessFinance -
Western Illinois UniversityAccounting
Frequently Asked Questions about Michael Phalen
What company does Michael Phalen work for?
Michael Phalen works for Vacudyne
What is Michael Phalen's role at the current company?
Michael Phalen's current role is Vice President-Finance | Director of Finance | Controller | Manufacturing | Food Processing.
What is Michael Phalen's email address?
Michael Phalen's email address is mp****@****bak.com
What is Michael Phalen's direct phone number?
Michael Phalen's direct phone number is +177373*****
What schools did Michael Phalen attend?
Michael Phalen attended Depaul Driehaus College Of Business, Western Illinois University.
What are some of Michael Phalen's interests?
Michael Phalen has interest in Disaster And Humanitarian Relief, Children, Education, Economic Empowerment.
What skills is Michael Phalen known for?
Michael Phalen has skills like Financial Analysis, Accounting, Management, Cost Accounting, Accounts Payable, Financial Accounting, Account Reconciliation, Financial Reporting, Covenants, Internal Controls, Finance, Food Processing.
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