Jim Banow

Jim banow

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location of Jim BanowNashua, New Hampshire, United States
Followers of Jim Banow508 followers
  • Timeline

  • About me

    Professional Division Controller | GAAP | SOX | SAP ERP | Crystal Reports | Hyperion | Acquisition Audit | Divestitures

  • Education

    • Daniel webster college

      2010 - 2011
      Mba-business administration
    • Rivier university

      -
      Bachelor's degree business admin (major-finance)
  • Experience

    • Tyco electronics

      Jan 2000 - Jan 2008
      Financial mgr- comm prod.

      • Prepared financial forecast and analysis on a five quarter forward looking basis on operations of 45 million dollars annually. Managed the reporting and reconciliation of all inventories with associated cost variances using SAP software system. Directed accounting staff with responsibility for inventory, capital and project tracking. Assisted product managers to prepare capital request forms and associated ROI analysis in support of new product introductions. Led process to standardize Cost at Completion module for government contract tracking using SAP finance module. Coordinated audits. Lead 3 year budget and strategic plan cycle for my team. Increased operating profit in 2008 by 538K by successful elimination of yearly price reductions from Ford. Saved 517K in 2007 in obtaining financial remuneration from overseas vendor for nonconformance. Show less

    • Autoliv electronics asp

      Jan 2008 - Jan 2009
      Financial controller

      • Financial management and reporting for 35 million dollar organization prior to manufacturing relocation to Canada. Activities include monthly closing, journal entries and account reconciliations, financials, forecasting, budgeting, capital justification and tracking. Supporting documentation for outside quarterly and annual audits including Sarbanes Oxley. Monthly financial package preparation, variance analysis and presentation to senior management. Maintain standard cost system and report variance to standard. Prepare financials for bids and proposals. Approve all purchase requisitions. Maintain fixed asset ledger. Coordinate and analyze yearly physical inventory. Facilitate collection of Accounts Receivables via problem resolution. Resolve vendor concerns and terms and conditions for Accounts Payables. FY 2009-Increased Operating Profit by 367K through conversion of reserved inventories and return of excess inventory to outside vendors. Show less

    • United way nashua

      Jan 2010 - Jan 2010
      Community assessment board and taxation

      Review all funding requests submitted from qualified sources within the community and determine appropriate support levels based on available funding within the United Way.

    • Schafer corporation

      Jan 2010 - Jan 2010
      Pricing contracts supervisor

      Manage all bid and proposal activities within the corporation. Direct staff of pricing specialists with overall volume of approximately 450 million per year. Negotiate proposals with outside customers and the US Govt. Provide representations and certifications on proposals as required.Correspond with DCAA /DCMA as required on pre and post award audits. Prepare requests for proposals and coordinate responses from company subcontractors. Advise program managers on effective proposal strategies to increase profitability and coordination of deliverables. Prepare profitability analysis for internal approval of proposals from executive management. Show less

    • Teledyne d.g.o'brien

      Jan 2010 - Jan 2017

      Direct all divisional financial operations, General Accounting, Payroll,Accounts Receivable, Accounts Payable, Cost Accounting, Exports and Licensing.Provide tax and monthly reporting to Corporate.Prepare monthly forecast and weekly reporting to executive management.Lead strategic planning process.Provide cost justifications to DCAA and ensure TINA compliance.Review and approve all expenditures including capital investments and justification,new hires and bids and proposals. Interface with internal and external auditors and maintain required standards of performance.Documented all SOX activities and performed walkthroughs with auditors as well in 2017.Oversaw development of financial accounting systems to maintain and enhance reporting requirements.Completed conversion to IFS October 2016. Work with senior staff in developing opportunities for expansion of profit and increased market share. Participate in presentation of quarterly results to executive corporate management in California. Show less Responsible for daily activities of the TDGO finance and accounting organization. Oversee compliance in the areas of import, export and contracts.T's and C's. TINA and CAS compliance.License coordination and filings. Support and assist financial planning and analysis in the areas of budget, rolling forecast and corporate/internal reporting.Oversee month end closing,A/R A/P Payroll Fixed Assets and Cost Accounting. Tax support, Corporate quarterly business reviews. Physical Inventories.Rate reviews, government audit and quote support. Show less

      • Division Controller

        Jan 2011 - Jan 2017
      • Assistant Controller

        Jan 2010 - Jan 2011
  • Licenses & Certifications

    • Cbrm-certified business resilience mgr.

      Business resilience certification consortium international
      Mar 2015