Tom Kopp Email & Phone Number

Developed a small accounting practice consisting of thirty tax clients and four write-up clients. Services included financial consulting, financial statement preparation, state and federal income tax preparation, federal excise tax, state and local sales tax filings

Responsible for the daily cash operations of $5 billion corporation, including short and long term investments, foreign exchange management, letters of credit, short term borrowings, cash forecasts, accounts payable, accounts receivable, travel administration, and payroll; Managed a staff of thirty employees in various treasury operations; Responsible for developing and maintaining bank and investment relationships worldwide, including China, Mexico, Brazil, Australia and Europe; Responsible for executive compensation programs including the Executive Deferred Compensation and the Life Insurance programs; Member of the Retirement Plans and Sarbanes Oxley Oversight Committees.Scope:Annual Sales: $5.0 Billion (30% international)Asset Management: $1.0 - $1.3 billion in cashDepartment Budget: $1.5 millionForeign Exchange Exposure: Approximately $300 millionInvestment Income: $30 millionAccomplishments:Led the conversion of all domestic corporate financial systems from Infinium (Software 2000) to SAP. Authored and implemented, Foreign Exchange Policy resulting in between $6.0 and $20.0 million gains annually. Authored and implemented Commodity Hedging Policy netting approximately $1.0 to $2.0 million per year. Authored and implemented Investment Policy resulting in structure and discipline in the investment of corporate funds and yielding over $40.0 million in interest annually. Introduced, developed policy, and implemented Corporate Purchasing Card Program providing efficacy, savings of approximately $250,000 annually, and improving employee morale through empowerment. Managed credit card relationship including retail merchant services, T&E, and purchasing cards.Centralized all accounts receivable, accounts payable and payroll functions, including the installation of new financial systems in each functional area. Saved $500,000 annually by outsourcing AP payment processing and domestic AR processing.

Responsible for external audits, general ledger, divisional and consolidated financial statements, corporate annual report, 10Q and 10K; managed a staff of approximately twenty employees.Accomplishments:Centralized corporate chart of accounts, general ledger, and general ledger function from former paper-based process. Resulted in improved efficiency and lead to the eventual implementation of SAP. Identified, led and managed installation of best in class software for general ledger and fixed assets; Resulted in improved efficiency and streamlined closings.Managed monthly, quarterly, and annual closingGeneral maintenance and managementManager Financial Planning

Responsible for the Parts and accessories division and selected SG & A. Working with respective functional leadership, developed budgets, forecasts, tracked and reported performance, performed ad hoc financial analysis and provided council on continued improvements.Implemented a centralized budgeting and forecasting system.Developed motorcycle warranty model to track past costs, predict future costs. and allocate current costs of warranty exposure.Developed a recall warranty system that allocated current costs and tracked current costs of warranty recall exposure.Accounting

Bba

Associate Degree, Liberal Arts

Bachelors, Business Administration (Bba); Options In Both Accounting And Finance