William Leas Email & Phone Number

South Cherry Street, Wallingford, Ct

Manages the cost accounting, budgeting, forecasting, financial analysis, and reporting activities at the Wallingford site for Allnex, a $1.5 billion worldwide specialty chemical manufacturing company.•Develop all components of unit standard costs including material & overhead, machine hours, etc.•Manage the capital expenditure system as well as review, approve and analyze capital spending.•Develop $28 million fixed cost and 30k metric ton production volume budget.•Responsible for all plant accounting, close process, account reconciliations and internal controls.•Analyze manufacturing cost variances including PPV, usage and variable conversion variances.•Manage the physical inventory, cycle count and fixed assets counting processes.•Recommend corrective action to site/business leadership to reduce costs and improve profitability.•Ensure accuracy of unit standard costs; correct accounting errors and improper ERP transactions.

100 Oakview Dr., Trumbull, Ct 06611

Managed Inventory & Asset Accounting department including a staff of five reports. Provided accounting support & guidance to a nationwide distribution network. General accounting, FP&A and SOX compliance experience. Expertise in ERP implementation and change management.Accomplishments•Developed new accounting & process procedures to facilitate special projects & business changes.•Developed methodologies for retrieving information from ERP for inventory by supplier reporting.•Successfully assumed increased departmental responsibilities while reducing staff from 7 to 5.•Identified & corrected gross inaccuracies in inventory accounts resulting from ERP implementation.•Developed & implemented procedures to maintain future accuracy of inventory accounts.

Managed the budgeting, strategic planning, reporting and analysis activities for a $300 million global consumer brand business with worldwide subsidiaries, JV’s and manufacturing facilities.Accomplishments•Assisted in divestiture of three manufacturing plants and a product line. Provided management with an analysis of the potential gain from the disposal of these assets and tracked actual gain.•Managed disposition of above assets and discovered an oversight that resulted in the company billing and recovering $800,000 from the purchaser.•Managed the transitional services agreement and billing in the post-divestiture period.•Prepared SKU profitability analysis that resulted in a reduction of SKU’s and lower inventory.•Recommended a change in product mix on international shipments to affiliates that was implemented and resulted in annual savings of over $50,000.

Bachelor Of Science (B.S.), Finance

Master Of Business Administration (M.B.A.), Finance, 3.85

Activities and Societies: Beta Gamma Sigma - National Honor Society for MBA's