Randy Bonam Email & Phone Number

Troy, Michigan, United States

United States

Oversee back office operations (money movement, account opening, scheduling, etc), internal accounting and finance (P&L, Balance Sheet, AP, AR, Budgeting/Forecasting) as well as overseeing IT and CRM (Salesforce) development.

Auburn Hills, MI

• Owner of consolidated IT project portfolio forecasting. Heavily involved in ad hoc reporting, annual budgeting and considered SME for forecasting. Educated portfolio and project managers on the forecast and financial.
• Created utility to calculate fiscal year impact of forecast delay and expedition for individual and groups of projects.
• Streamlined forecast formulas to make them easier to follow without losing accuracy.

• Responsible for 13-week cash forecasting, and bank collateral reporting and analysis. Performed Treasury functions for seven companies and banking functions for 5 subsidiaries and two parent accounts.
• Streamlined treasury reporting by eliminating redundant reporting to facilitate treasury functions rolling into the analyst position.

• Prepared month end financials (balance sheet/income statement). Coordinated and compiled annual budgets. Prepare monthly financial review package for President and board of directors. Responsible for Fleet Management.
• Implemented internal controls for field (AP, AR, cash, inventory audits) validating financials and reducing opportunities for theft and misuse of company resources.
• Streamlined reporting process from field to accounting facilitating a 3 business day close that still allowed time for management review and information validation.
• Improved rollup reporting resulting in more efficient performance reviews

• Prepared month end financials (balance sheet/income statement) and worked with CPA for annual financial reviews. Responsible for Bank Reconciliation, collections on past due invoices, and oversight of.
• Implemented accounting software (Vanguard). The implementation was performed on schedule and resulted in successfully tying together production, ordering, inventory, payables and receivables as well as eliminated.
• Reduced month-end closes from 12 to 5 business days allowing owners and management to react more quickly to opportunities and threats.
• Reduced A/R over 60 days from 16% to less than 2% by implementing past due reporting and system to ensure that invoices were monitored and follow up was consistent.

• Responsible for budget and forecasting for national account (Sprint), new project analysis, and new business cost modeling. Supervised accounting clerks and trained managers on financial skills, managed the copier.
• Reduced AR outstanding from 120 days to 35 days by partnering with Sprint facilities team to ensure all billing met Sprint accounting standards.
• Instrumental in transitioning $17 million account to JD Edwards for internal rollup purposes without losing ability to meet stringent customer billing requirements..

• Administered 3 corporate databases that represented information from 40+ plants. Responsible for determining end user accounting needs, and troubleshooting accounting software issues.
• Trained new staff members on company standards and processes enabling them to be productive quickly.

Bs, Finance

Education record