Summary
Overview
Work History
Education
Skills
Personal Activities
Languages
Accomplishments
Timeline
Generic
Michael Hingley

Michael Hingley

Kitchener,ON

Summary

Results-driven Senior Accountant experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

28
28
years of professional experience

Work History

Accounting Manager

Maxtech Group
09.2019 - Current
  • Managed banking reconciliations and monthly balance sheet statements for 5 Companies
  • Prepared bank submissions for the acquisition of loans and Line of credit
  • Prepared all year end closings and worked with external accountants for the preparation of year end statements and tax filings.
  • Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
  • Conducted internal audits to verify accuracy and compliance with applicable standards.
  • Collaborated with other departments to achieve accurate and prompt financial reporting.
  • Developed and implemented various procedures to improve accounting process.
  • Created and maintained financial databases for data entry, tracking and reporting.
  • Generated monthly and quarterly financial statements for executive review.
  • Analyzed and reported on financial data to support business decisions.
  • Created and managed financial models to evaluate corporate investments and acquisitions.
  • Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.
  • Complied with established internal controls and policies.
  • Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
  • Collaborated with C-level executives and stakeholders to develop long-term financial plans.

Management Consultant

Insty-Bit, LLC.
07.2014 - 08.2019
  • Worked with the plant Production Manager to develop a standardized Bill of Material format for all parts and assist with revising all existing Bill of Materials
  • Train staff on creating and maintaining of Bills of Material
  • Perform Time Studies to ensure the accuracy of the labor of the Bill of Material
  • Analyze all aspects of the plant manufacturing and assembly production cycle
  • Write detailed requirements which will then be developed into policies and procedures to increase the efficiencies of the plant
  • Worked with the machinist/engineer to develop a master binder by associated part type for referencing going forward
  • Worked with the plant Production Manager to develop a production and assembly schedule and performance matrix to do time studies and develop new procedures to increase efficiencies in this area
  • Develop a work order system to timely track the movement of material through the plant to ensure the completion of orders to meet shipping deadlines
  • Worked with Sales and Purchasing to develop minimum quantity requirements for purchased materials based on Sales history and forecasts and develop a revolving purchasing schedule to ensure the timely delivery of materials to ensure we meet the shipping deadlines of the company to its customers
  • Reduce the amount of manual paperwork by utilizing out of Quickbooks and Excel templates to manage the data flow
  • Provide training in Quickbooks and Excel to ensure the ongoing use of these templates
  • Worked with Managers and office to develop accurate and detailed job descriptions for all positions within the company
  • Develop tools for reviewing and rating employee performances for yearly reviews
  • Develop and implement training criteria to improve the skill sets of the employees within the company
  • Assisted in the move to the new location
  • Reviewed floor plans and created a layout for machines in the shop to incorporate the best flow from raw material to finished product through the shop
  • Setup bin locations for products going to outside processors
  • Setup and installed the infrastructure for the telephones and network
  • Designed the work stations in the assembly area for optimal work flow
  • Worked with the management team and accountant to develop a standardized format and methodology for reporting of financial information for the partnership and banks.
  • Completed year-end closing processes with controllers and external auditors.
  • Prepared monthly journal entries and reconciliations.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Updated general ledger with latest entries.
  • Evaluated and improved financial records to make important business decisions.
  • Directed accounting team in timely reporting of finances for diverse client businesses.

Independent Consultant

02.2013 - 07.2014
  • Working with Various Clients in with Inventory, process improvements and short term relief
  • From January to present of this year I been consulting with a small manufacturing company on improvements and inventory integration
  • Setting up standards for creation and use of BOM's for the products produced, creation and use of overhead rates, creation and use of cost changes
  • Verification and training on the use of the new system.

Senior Accountant

Steelcraft Inc.
05.2011 - 02.2013
  • Preparation and Analysis of monthly Profit reports for 2 Divisions with focus on forecast/Actual and gross margins
  • Analysis of material and labor costs and discussions with plant managers on jobs that were over/under forecasted estimates
  • Weekly reviews of Sales forecasts with plant managers to analyze the status of work in progress
  • Preparation and analysis of monthly plant statements
  • Consulting with plant managers on expense overages
  • Maintaining Fixed Asset Ledger for all divisions
  • Worked on continuous improvement of the manufacturing process
  • Worked with plant managers to review and analyze the full cycle of the manufacturing process to improve efficiencies within the plant
  • Used manufacturing concepts in identifying areas of improvement
  • Worked as a team lead in the development and implementation of the MRP system.

Accounting Manager

Maxtech Manufacturing, Inc.
07.2004 - 02.2010
  • Preparation and consolidation of monthly Profit statements for two divisions plus a consolidated statement for the company as a whole
  • Tracking and balancing of all Balance sheet accounts
  • Posting of all journal entries
  • Working with plant managers in the preparation of budgets and reviewing of actual costs/budgets on an ongoing basis
  • Overseeing and tracking of Accounts Receivable as well as assisting with collections
  • Overseeing Accounts Payable and reviewing Cash Commitments
  • Processing Incoming and Outgoing Documentary Credits
  • Maintaining Fixed Asset Ledger for two divisions
  • Review and analysis of costing for two divisions as well as implementing cost changes
  • Reviewed manufacturing processes with the plant engineers, supervisors, and team leads to find ways to improve efficiencies in the process
  • Laid out the flow of material through the plant to assist in finding ways to reduce material handling to the machines
  • Did time studies on machines and labor to ensure accuracy of the Bill of Materials
  • Created and revised BOM's as needed
  • Cycle counts and Inventory monitoring as well as year-end inventory
  • Preparation of Monthly Bank Reconciliations.

Cost Accountant

Maxtech Manufacturing, Inc.
06.2003 - 07.2004
  • Review Cash Commitments for Accounts Payable
  • Processing Incoming and Outgoing Documentary Credits
  • Generation of Daily Cash flow reports
  • Weekly Sales Analysis Reports
  • Review and analysis of costing for divisions as well as implementing cost changes
  • Reviewed manufacturing processes with the plant engineers, supervisors, and team leads to find ways to improve efficiencies in the process
  • Laid out the flow of material through the plant to assist in finding ways to reduce material handling to the machines
  • Did time studies on machines and labor to ensure accuracy of the Bill of Materials
  • Created and revised BOM's as needed
  • Cycle counts and Inventory monitoring as well as year-end inventory
  • Preparation of Monthly Bank Reconciliations.

Accounting Associate

Maxtech Manufacturing, Inc.
03.2003 - 06.2003
  • Processing of Accounts Payable for two divisions
  • Preparation of Bank Reconciliations for Canadian and US accounts
  • Worked with plant managers in the preparation of budgets and reviewing of actual costs/budgets on an ongoing basis
  • Overseeing and tracking of Accounts Receivable as well as assisting with collections
  • Overseeing Accounts Payable and reviewing Cash Commitments
  • Processing Incoming and Outgoing Documentary Credits
  • Maintaining Fixed Asset Ledger for two divisions
  • Review and analysis of costing for two divisions as well as implementing cost changes
  • Reviewed manufacturing processes with the plant engineers, supervisors, and team leads to find ways to improve efficiencies in the process
  • Laid out the flow of material through the plant to assist in finding ways to reduce material handling to the machines
  • Did time studies on machines and labor to ensure accuracy of the Bill of Materials
  • Created and revised BOM's as needed
  • Cycle counts and Inventory monitoring.

Accounting Manager

Maxtech Consumer Products Limited
02.2000 - 11.2000
  • Preparation of Monthly financial statements
  • Tracking and balancing of all Balance sheet accounts
  • Preparation and working with plant managers in the preparation of budgets and reviewing of actual costs/budgets on an ongoing basis
  • Overseeing and tracking of Accounts Receivable as well as assisting with collections
  • Overseeing Accounts Payable and reviewing Cash Commitments
  • Processing Incoming and Outgoing Documentary Credits
  • Maintaining Fixed Asset Ledger
  • Assisted in reviewing and revising company policies and procedures as required
  • Posting of all journal entries
  • Review and analysis of costing as well as implementing cost changes
  • Preparation of Monthly Bank Reconciliations
  • Working with external audit agencies as required as well as our own external audit team for audited year-end statements
  • Preparation of SR&ED worksheets for tracking of Employees hours per project
  • Create, review and update Resource policies under the guidelines of Health and Safety and Labor Act of Ontario
  • Creation and Implementation of Policies and Procedures with regards to Bill 168
  • Creation and Implementation of Policies for the accounting department
  • Member of the Health and Safety committee.

Controller

Arcan Construction Ltd.
04.1996 - 04.2000

Education

Course studies on the Comptroller I

Course Studies in Business Analysis

Eastern Shore District

Skills

    • Full accounting cycle, Cost Accounting, Job Costing, MRP, Manufacturing processes and improvements, Plant Management and resource scheduling, Budgeting/Forecasting, SR&ED, Cash Flow Analytics, Human Resources, Staff training and Supervision, Health & Safety Standards Able to work independent or within a group environment

Personal Activities

  • Served actively on the Community board
  • Duties included budget submissions and Education in Hay River.
  • Ing requests for the district area schools and was also part of the hire panel for teachers and aids.
  • I am also an accredited level 2 coach in badminton and softball.
  • Supporter of United Way and its program for the community

Languages

English
Full Professional

Accomplishments

  • Increased team efficiency through continuous process improvements.
  • Reduced Machine downtime by implementing tablets to track machine time so employees can keep the machines running.
  • Created Schedules through excel to track Machine and assembly production.
  • maintain cashflow forecasts and budgets to track each companies performance.

Timeline

Accounting Manager

Maxtech Group
09.2019 - Current

Management Consultant

Insty-Bit, LLC.
07.2014 - 08.2019

Independent Consultant

02.2013 - 07.2014

Senior Accountant

Steelcraft Inc.
05.2011 - 02.2013

Accounting Manager

Maxtech Manufacturing, Inc.
07.2004 - 02.2010

Cost Accountant

Maxtech Manufacturing, Inc.
06.2003 - 07.2004

Accounting Associate

Maxtech Manufacturing, Inc.
03.2003 - 06.2003

Accounting Manager

Maxtech Consumer Products Limited
02.2000 - 11.2000

Controller

Arcan Construction Ltd.
04.1996 - 04.2000

Course studies on the Comptroller I

Course Studies in Business Analysis

Eastern Shore District

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Michael Hingley