Philip Wiemer

pwwiemer@gmail.com (859) 285-8581 Lexington, KY 40509

http://www.linkedin.com/in/philipwiemer

CONTROLLER
Enhancing Gross Margins | Contributing to Sales Growth | Controlling Costs
Financial Controller with extensive experience in small, medium and Fortune 500 companies and Big 4 public
accounting overseeing daily accounting and strategic direction for financial and performance management. Proven
ability to control and cut costs via proactive inventory controls, process change, business strategies and financial data
analyses. Strong systems implementation background driving the installation and usage of enterprise-resource planning
(ERP) computer systems to improve operating efficiencies and performance. Demonstrated capability to lead, mentor
and manage a team of as many as 10 accounting professionals.

- CORE COMPETENCIES Accounting

Business Management
General Ledger Reconciliation

Financial Management
Systems Implementation
Strategic Planning

Inventory Management
Budgeting / Forecasting
Financial Reporting / Analysis

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- PROFESSIONAL EXPERIENCE F.W. Rickard Seeds Inc., a Subsidiary of UST Inc. | Winchester, KY
2005-2014
Controller
A leading producer and distributor of tobacco seeds, generating $3 million in annual sales. Led all accounting, reporting
and forecasting including accounts receivable and payable, inventory and fixed assets, controls and compliance.
Participated in strategic planning with management. Managed three direct reports.
o $3 million or 60% reduction in inventory over eight years realized by analyzing obsolete and excess inventory and
proactively managing and controlling inventory levels.
o

Implemented procedures to download detailed sales data from the JD Edwards ERP system, created sales reports
and analyses, and delivered this information to management and sales staff contributing to the YOY sales increases
to drive incremental sales more than $1 million or 80% over an eight-year period.

$600,000 in annual savings generated by leading the project to shut down a research facility that failed in its mission
to create new proprietary product varieties.

$400,000 in incremental sales growth achieved by creating a sales incentive program that encouraged customers
to purchase all tobacco seed from Rickard Seeds.

$300,000 in seed cost savings, a 30% annual reduction attained by driving the effort to shift production requirements
to an affiliated company in Brazil.

$135,000 increase in gross margin produced by leading the implementation of a new distributor method, terminating
an exclusive dealer contract with a competitor and selling directly to the consumer.

$100,000 in annual savings reached by reducing headcount, eliminating redundancies and reallocating duties.

UST, Inc. | Greenwich, CT

2004-2005

Manager of Corporate Accounting & Consolidations

The largest producer, marketer and seller of moist smokeless tobacco generating approximately $1.7 billion in annual
sales. Managed corporate accounting, month-end close and consolidation, financial package preparation and analysis.
o Created a process to analyze returned goods and assess the associated multimillion-dollar reserve monthly,
resulting in quarterly adjustments to the reserve in the hundreds of thousands of dollars.
General Electric Capital Corporation | Stamford, CT

2003-2004

Consultant
A financial services and lending firm. Responsible for the cash accounts reconciliation process. Assisted in the installation
of an Oracle ERP system and reconciliation with the old Legacy ERP.
o Identified and matched 200 bank accounts and statements with the proper general ledger accounts.

Philip Wiemer

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Professional Experience Continued

Sara Lee Coffee & Tea | Harrison, NY

2001-2002

Manager of Financial Accounting & Reporting

A $200 million producer and distributor of retail coffee. Oversaw headquarters accounting, consolidation, reporting,
budgeting and financial forecasting.
o Played a key role in the implementation of the JD Edwards manufacturing and fixed-asset module to support one
plant with 100+ employees, more than $25 million in assets and annual sales in excess of $200 million.
o

Two-day reduction in month-end close process achieved by creating an interface between the JD Edwards ERP
system and a standalone financial reporting system.

Developed and input a new chart of accounts and transferred all accounting balances for a new company formed
via acquisition of two companies operating individual ERP systems.

Kraft Foods International | Rye Brook, NY

1998-2001

Manager of Headquarters & Cost Accounting

A multibillion-dollar food company with operations in the US and overseas. Managed accounting for the corporate office,
consolidation of Asian entities and co-packer accounting functions.
o $100,000 in annual savings realized by implementing a new inventory database for co-packer accounting that
interfaced with the ERP system resulting in improved efficiency and elimination of one FTE.
o

100% compliance of millions of dollars in inventory usage confirmed by analyzing inventory quantities in
comparison of purchases and sales for a co-packer arrangement.

Philip Electronics North America | Port Chester, NY

1994-1997

Divisional Controller
Philip Electronics North America | New York, NY

1992-1993

Senior Auditor
Coopers & Lybrand | Stamford, CT

1986-1992

Audit Supervisor
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- EDUCATION Bachelor of Science in Accountancy, Bentley University

pwwiemer@gmail.com (859) 258-8581