Wayne Chappel Email & Phone Number

Lebanon, New Jersey, United States

Reading, Pennsylvania Area

Rheems, Pa

• Responsible for all aspects of the Accounting function, including financial reporting, accounts receivable, inventory, and accounts payable.• Reviewed and analyzed results each period through departmental review, variance analysis and preparation of results versus budget and prior year reports.• Transitioned the close cycle from around 12-15 day cycle to a consistent 9 day cycle.• Managed a team of 3 managers and 6 staff across the Accounting department, including hiring… Show more • Responsible for all aspects of the Accounting function, including financial reporting, accounts receivable, inventory, and accounts payable.• Reviewed and analyzed results each period through departmental review, variance analysis and preparation of results versus budget and prior year reports.• Transitioned the close cycle from around 12-15 day cycle to a consistent 9 day cycle.• Managed a team of 3 managers and 6 staff across the Accounting department, including hiring, evaluating and training of personnel.• Created multiple changes to the Company’s processes and procedures to promote a more effective internal control structure, including identification of key controls, proper account reconciliations, and consistent journal entry review.• Prepared the annual financial statements and all supporting disclosures and documentation.• Managed the external audit for successful audits of the Company’s results and internal control structure.• Responsible for all aspects of the annual budget, departmental input sheet design and simplification, calculation of all Corporate inputs, compilation, and final reporting. • Member of the Company’s cross functional management team working on sustainable growth and simplification of processes.• Coordinated 13 annual physical inventories across 8 mill network through assistance in the preparation of count sheets, physical counts, and recording of variances.• Developed process for identifying and reporting excess and obsolete inventory.• Provided financial leadership during implementation of new excel-based financial reporting system, including review of alternative systems, planning, training, and report writing in new system. Show less

Lancaster, Pennsylvania Area

• Key member of SAP BPC implementation team for new Corporate Accounting reporting system transitioning from Hyperion Enterprise. Providing assistance in data migration and tie out, financial report writing and compilation, and system logic troubleshooting.• Perform all accounting associated with the company’s Long-Term Incentive (LTIP) program, including quarterly journal entries and analysis, preparation of results for estimates, and assistance to the Tax department for deferred taxes… Show more • Key member of SAP BPC implementation team for new Corporate Accounting reporting system transitioning from Hyperion Enterprise. Providing assistance in data migration and tie out, financial report writing and compilation, and system logic troubleshooting.• Perform all accounting associated with the company’s Long-Term Incentive (LTIP) program, including quarterly journal entries and analysis, preparation of results for estimates, and assistance to the Tax department for deferred taxes associated with the stock based equity plan.• Analyze the company’s asset retirement obligation by compiling information provided by the various subsidiaries and comparing against the liability recorded.• Prepare various schedules and footnotes for the company’s external reporting, including 10Q, 10K, and Form 10. Perform review procedures on the financial statements prior to release.• Assist in the preparation of the AFI carve out financial statements by separating business unit balances and transactions for various Balance Sheet and Income Statement accounts and year end templates. Also, prepare journal entries to separate the business unit information.• Compile financial statements, analyze results and coordinate audits for the company’s defined contribution retirement plans. Show less

Reading, Pennsylvania Area

• Provided financial leadership during implementation of new SAP general ledger system, including planning, configuration, and final sign off of all system processes.• Directed all aspects of business unit financial reporting, daily accounting and tax reporting.• Coordinated with internal and external auditors for successful audits of business unit results and SOX compliance.• Managed seven direct reports in the Finance Department and oversight responsibility for fifteen additional… Show more • Provided financial leadership during implementation of new SAP general ledger system, including planning, configuration, and final sign off of all system processes.• Directed all aspects of business unit financial reporting, daily accounting and tax reporting.• Coordinated with internal and external auditors for successful audits of business unit results and SOX compliance.• Managed seven direct reports in the Finance Department and oversight responsibility for fifteen additional personnel in Accounts Payable, Cost Accounting, Financial Analysis and Payroll departments.• Member of Company Leadership Committee as lead finance director at Arrow International business unit.• Directed the implementation of new general ledger system to improve closing process, including automation of payroll processing into the general ledger.• Compiled, analyzed and reported all medical division acquisition accounting through custom built Hyperion application.• Transitioned Arrow International business unit from fifteen day close to Teleflex mandated four day close within two close cycles• Researched new accounting standards and documented conclusion reached regarding their applicability.• Ensured compliance with SOX as it relates to the operation and evidencing of all key controls for the Accounting cycles.• Prepared accounting position papers on complex accounting and operational topics and developed companywide policies for these topics.• Assisted with preparation and review of the company’s external SEC reporting forms 10Q, 10K, 8K and Annual Report.• Member of various committees involved in setting company wide policies, including capital appropriation finance review board, pension committee, and other cross functional committees.• Developed company’s net realizable value testing for inventories Show less

Lancaster, Pennsylvania Area

• Prepared all financial reporting packages in accordance with Generally Accepted Accounting Principles (US GAAP), including Annual Report, quarterly external statements and monthly internal statements.• Analyzed results of 16 subsidiary companies, including comprehensive analysis of largest subsidiary.• Performed all accounting and analysis for Holding Company results.• Directly managed internal auditor and indirectly managed 10 staff members of the shared services and Holding… Show more • Prepared all financial reporting packages in accordance with Generally Accepted Accounting Principles (US GAAP), including Annual Report, quarterly external statements and monthly internal statements.• Analyzed results of 16 subsidiary companies, including comprehensive analysis of largest subsidiary.• Performed all accounting and analysis for Holding Company results.• Directly managed internal auditor and indirectly managed 10 staff members of the shared services and Holding Company accounting department.• Developed company accounting policies and procedures for expense reimbursement policy and all technical accounting questions.• Member of budgetary review committee that analyzed and reviewed subsidiary budgets prior to Board of Directors presentation.• Developed systematic company-wide consolidation, freight billing audit and purchasing card program.• Assisted in auditing subsidiary companies, physical inventory observations and reported to Audit Committee of Board of Directors with results.• Coordinated with external auditors for annual company audit and all physical inventory observations. Show less

Bachelor Of Science (B.S.), Accounting

Bachelor Of Science (B.S.), Accounting