Timothy Hofer Email & Phone Number

Greater Los Angeles Area

Greater Los Angeles Area

• Responsible for internal controls surrounding inventory and costing, ensuring compliance with JSOX.• Identify and recommend opportunities to streamline and improve business practices and automate analyses.• Assist in the preparation of the annual operating plan and quarterly forecasts.• Prepare monthly, quarterly and year-end cost reports and presentations for executive management review.• Coordinate month-end closing process, account reconciliations, variance analysis and tracking of key performance indicators.• Ensure the integrity of reporting from eight different business units Develop product line margin analysis and cost reporting in ERP environment.

Tulsa, Oklahoma Area

• Supported Tulsa Plant as a business and financial advisor, ensuring financial reporting for the plant is consistent with generally accepted accounting principles and with Company accounting and administration policies. • Ensured the financial impact of decisions are consistent with the strategies developed to achieve both plant operating and financial objectives. • Responsible for coordinating monthly close activities and preparing monthly plant cost reports, forecast, budgets and financial information. • Provided the necessary deliverables to management, highlighting opportunities for improvement and progress on Key Performance Indicators. • Supported other plant departments such as CAPEX, Maintenance and Production with cost tools and reports so they can make sound business decisions. • Led monthly plant safety, materials and financial meetings and provided direct-line supervision and development to three clerical staff members.

Pueblo, Colorado Area

• Provided financial leadership to plant, ran financial close in SAP, used the tools of Excel, Access and PowerPoint to report, analyze and present key financial information to plant and corporate management groups. • Performed bi-annual standard cost updates for Pueblo and Seattle plants using greater than 65k part numbers. • Analyzed capital project’s ROI and NPV and prepared recommendations to managers. • Supervised accounting staff and activities at two manufacturing plants (Pueblo, CO and Cheyenne, WY). Assisted outside attorneys and CPAs with impact analysis of patent infringement. • Managed daily, monthly and year-end accounting processes. Prepared monthly and year-end financial reports. Streamlined financial activities at plant, including implementing standard SAP reports, automating analysis and eliminating redundancy.

Pueblo, Colorado Area

• Provided financial leadership and controls in the development and implementation of Key Performance Indicators and cost reduction strategies in a manufacturing plant. • Planned and executed a $13 and $55 million plant operating budget and five-year plan. • Ensured accurate, effective and efficient accounting processes exist in monthly close, reporting, forecasting, physical inventory, journal preparation, and general ledger reconciliations. • Provided analysis and interpretation of plant financial reports and cost variances, highlighting opportunities for improvement, and progress of Key Performance Indicators. • Assured accurate and timely accounting for all plant costs and capital projects. • Supervised, developed and trained four Jr. Accountants.

Bachelor Of Science, Business

Bachelor'S Degree, Business Administration And Management, General