Poorvesh Sheth Email & Phone Number

Bothell, Washington, US

Wichita, Kansas, US

Vistsa, CA, US

• Supervised Team of 5
• Led Accounting, I/T and HR team during challenging introduction of new product.
• Managed cash on a daily basis, ensuring that cash priorities were discussed and implemented.
• Prepared balance sheet to be audit ready. Reduced physical inventory time by 60%.
• Multiple types of financing, including Asset Based Lending and equipment leases.
• Created and implemented forecasting and bottoms-up budgeting models, and established EAC reporting on major R&D projects, not present before.

Inactive Page, US

• Supervised Team of 18
• Led Accounting & Finance to re-engineer processes, and business support functions in SAP: monthly financials (IFRS) and forecasts, bid reviews, pricing/costing, CAS certs (including maintenance of disclosure.
• Consolidated financials between legacy system in Texas, maquiladora in Tijuana and operations in San Diego.
• Managed multiple cost pools and expenses bases in a CAS environment.
• Balance Sheet reviewed thoroughly; auditors complimented that this was the best audit ever at this facility.
• Coordinated with Treasury on cash requirements and insurance needs for all aspects of operations, including business continuation plans.

• Supervised Team of 5
• Led Accounting team to complete month end closes, forecasting, planning, and analysis.
• Completed implementation of IFS ERP system, converting inventory system from Standard to Average Actual, and converted all BOMs, operations codes, and other costing information.
• Consistently met short term forecasts within 5% accuracy.
• Managed multiple cost pools and base allocations that were CAS compliant in practice.
• Created and implemented multiple forecasting and budgeting models that are still being used today. Models were designed to have bottoms-up level of detail, while still being easy to update and re-forecast on a monthly.

New York, NY, US

• Re-organized operation into new parent division, and was asked to return to lead project to consolidate systems with new parent division.
• The focal point was on the CostPoint conversion, but also included Hyperion implementation, HR, Manufacturing, Inventory, and Projects, as well as mentoring prior subordinates. The project was completed on schedule and.
• Project scope creep included 9/80 implementation, electronic timecards, as well as creating revised cost pools and expense bases to reflect new organization.

Fairfax, VA, US

• Supervised Team of 41
• Managed Accounting, Contracts, Information Systems & Technologies, and Human Resources.
• Revised and restated prior financial statements so that Financials were audited for the first time ever, and with no exceptions.
• Implemented CostPoint Financials and UnaNet time and expense reporting (DCAA and FAR compliant) for the entire organization, spread out over several states.
• Implemented 9/80 within Unanet, for a specific contract.
• Negotiated a Line of Credit of $10 Million that released the company form a prior Factoring agreement.

New York, NY, US

• Supervised Team of 11
• Led Accounting, Information Systems and Technologies, and Purchasing teams to be one of the top divisions in Titan, both in terms of financial performance, and in terms of timeliness of reporting.
• Consistently ranked in the top 10% of all divisions of the Corporation in achievement of budget goals and financial metrics.
• Created and maintained a forecasting system that was detailed, yet able to be updated quickly.
• Established a Disclosure Statement and created and managed multiple cost pools and base allocations that were consistent with Disclosure Statement.
• Led team to create SOX 404 Documentation and received no deficiencies upon review of gap analysis and testing – the only division in the entire corporation to do so.

Santa Clara, CA, US

• Financial responsibilities included daily cash management, account analyses, fixed assets (including capital equipment leases), and preparation of financial statements and Monthly Information Package.
• Participated in the implementation of SAP Financials - implemented General Ledger and Fixed Asset module. Assisted in Manufacturing Module utilizing third party shop-floor system.
• Cost Accounting responsibilities were primarily to assist the Cost Accounting Manager, which included gross margin and inventory reconciliations & analysis, and supporting audits for physical inventories.

Mba

Bachelor’S Degree, Business - Finance

High School