Timothy Blach Email & Phone Number

North Tonawanda, NY, US

* Drive the organization toward a mindset of high quality production and performance* Optimize processes and procedures to eliminate waste and maximize free cash flow* Direct investment in sales & marketing initiatives that provide a solid foundation for future growth* Prioritize and oversee the development of new products or enhanced capabilities in.

Tucker, Georgia, US

Plant Controller responsible for all site SKU costing & maintenance, local & corporate reporting, budgeting, maintenance and audit of related P&L and participation on management team representing finance.

• Controller and HR Manager responsible for all multi-divisional financial reporting, government compliance, staff management & development as well as all of the Human Resources functionality. Much focus is on process.
• Developed & introduced cost plan including direct labor and overhead rates resulting in monthly margin reporting that has contributed to product profitability awareness & price increase initiative.
• Developed & installed corporate travel policy resulting in cost savings due to stricter receipt requirements, spending limits, and other savings type procedures regarding car rentals, flight schedules, etc.
• Directly involved in planning & implementation of numerous cost savings initiatives involving freight cost, recycling program, utility rates, sale of obsolete materials (SLOB - slow moving/obsolete analysis), vendor.
• Implemented detailed budgeting & forecasting that has given management increased visibility resulting in new strategic initiatives surrounding both revenue & spend.
• Initiated inventory cycle counting & turns reporting resulting in a 28% inventory decrease through 18 months.

• Controller CMA (Certified Management Accountant) responsible for financial analysis and forecast including key performance indicators, preparation & presentation to local and corporate management, daily financial.
• Prepared due diligence paperwork to sell privately held company (1999 – Hayden Precision to Medsource Technologies), and again to UTI Corporation (2005 – Medsource Technologies to UTI Corporation/ Accellent).
• Selected by Medsource to be one of only two controllers to participate in cost control planning strategy session to reduce costs (2001), headed up cost control initiative in reaction to marked revenue drop (2009) and.
• Participated in seven month Oracle process development & implementation representing Accounting: Developed system resources, set standards for inventory, direct labor & machine overhead, lead development &.
• Developed & Installed annual physical inventory process & weekly cycle counting. Demonstrated a 25% variance reduction YOY and submitted application documentation to external auditor team for exemption status.
• Created and maintained a comprehensive internal audit process for the Finance department (account reconciliation & backup). Orchard Park went three years without a single audit finding – received company award for this.

• Controller responsible for all financial reporting & compliance, supervision of staff, payroll and maintenance of IBM AS 400.
• Improved accuracy & compliance of transportation and fuel tax reports/returns, notably decreasing exposure in that area.
• Introduced & implemented annual operating plan budgeting to facility, including standardized monthly management reporting & analysis.
• Renovated & improved AR, AP & payroll process.
• Learned IBM AS 400 system and installed updates as required.

• Controller responsible for all financial reporting at two sites, payroll, & cash management, hired to enhance the financial operations of a growing business.
• Installed GAAP accounting at two sites and began extensive use of software system to maximize efficiency within the billing & accounting system.
• Introduced & facilitated engineering electricity usage study for sales tax exemption and successfully obtained three year look-back refund from New York State.
• Introduced and implemented annual operating plan budgeting for both locations.
• Helped owners start up a new equipment retail business (Machinery For Industry, Inc.) with account setup, accounting & compliance.

• Accounting Manager responsible for all site accounting, cost standards, & budgeting.
• Successfully implemented on site budgeting and greatly improved accounting process.
• Introduced monthly sales & profit analysis by product line & customer. Accomplished this by setting up labor & assembly hours reporting and setting rate standards.
• Questioned vendor charges for many raw materials & other miscellaneous expenditures resulting in additional quotes and savings on many purchased items/services.

US

• Cost accountant responsible for all product costing, participation in month end close, help with budgeting and other miscellaneous reporting.
• Promoted to staff cost accountant from shop timekeeper position.

Degree: Bs, Accounting

Degree: Bs, Business Management