Steven F.

Malzone
16 Fernando Drive
Pawcatuck, CT 06379
860.599.2999
[1]sm1066414@westpost.net
CONTROLLER / ACCOUNTING MANAGER
A highly talented, dedicated, seasoned and detail-oriented
Controller/Accounting Manager with a wealth of experience in various
phases of manufacturing and plant operations accounting. Adept ability
to consistently meet or exceed all performance and quality standards
with exceptional capabilities in the design, implementation,
re-engineering and management of financial reporting systems.
Possesses expert analytical, organizational, technical, presentation
and customer service skills with strong qualifications in business
development, operations and P&L management. Has a proven track record
of reversing financial declines and capturing significant cost
reductions through process redesign and performance enhancement.
Professional Skills
Leadership/Staff Development Account Reconciliation Accounts
Payable/Receivable
Payroll Accounting Systems Redesign Manufacturing/Business Operations
Project Management Budget Planning/Monitoring Lean Management/Process
Improvements
Financial Forecasting Strategic Business Planning GAAP/SOX Compliance
Financial Analysis/Reporting Variance Analysis Business Partnerships
Employment Background
General Cable Corporation (NYSE:BGC) - Willimantic, CT 2005 - 2010
General Cable is a leader in the development, design, manufacture,
marketing and distribution of copper, aluminum and fiber optic wire
and cable products for the energy, industrial, specialty and
communications markets.
Plant Controller
* Professional leadership and expertise led to obtaining complete
integrity of financials, maintaining process narratives for SOX
compliance and earning 100% audit scores.
* Effectively managed Accounts Payable function with staff of one
for $80M in inventory and production expenses to meet all
timelines and quality standards.
* Skillfully supervised Cost and Budget process with staff of one
for control of standard cost system, inventory transactional
processing for RIP and F/G and metals accounting.
* Proficiently directed and performed all General Ledger functions
with staff of one, including month end closings, statement
 preparations and B/S account reconciliations with consistent
accuracy and quality.
* Reduced yearly refining costs $350-500k by improving material
recovery and reclaim process on metals.
* Key contributor to improving operations financial reporting,
financial budgets, capital planning and manufacturing proficiency,
utilizing expertise to implement strong financial management
practices and install highly efficient systems.
* Lean Accounting used in conjunction with Value Stream activity
based costing to set product line costs in major categories.
* Demonstrate strong planning and analytic skills producing business
critical Operations Planning, Forecasting, and Productivity
Tracking reports for metal (copper) materials accounting.
* Improved company financial base by converting from traditional
frozen standard to rolling average period costs on materials.
* Contributed to effective management decision making, preparing
projections on P&L impact for cost reduction projects for both
materials (usages & scrap reductions) and labor (restrict of
process and new equipment).
* Reduced cycle time for monthly WIP inventory by 50% and also
reduced labor costs while maintaining continuous production for
additional 12 days of volume productivity through the use of Lean
Sigma tools.
* Saved $2M over a 2 year period partnering with Process Engineering
and Manufacturing groups to re-engineer materials for lower
material cost and faster cycle times.
Ortronics, Inc. - New London, CT 2000 - 2005
Ortronics manufactures and distributes data transmission structured
cabling systems.
Operations Controller
* Conscientiously provided business critical, sophisticated
management reports on product sales and performance by marketing
group. Established detailed product line analysis for domestic,
international and inter-company markets.
* Diligently supplied key reports on plant operations that covered
spending, efficiency and utilization.
* Effectively supervised two positions to meet all quality and time
requirements for cost and operations accounting at a satellite
facility in NC.
* Accurately applied standard labor and overhead to material based
cost system improving quality of financial reporting.
* Took initiative to improve financial reporting in categories by
refining sub-systems of inventory value, product sales and costs,
open payables liabilities and purchase price variances.
* Carefully revised sales and cost of sales distributions reported
in general ledger to best reflect true costs and revenues.
* Adeptly utilized reconciled manufacturing sub-system reporting for
inventory movements in general ledger.
* Improved inventory management and reduced loss by designing
material variance reporting system.
The Stanley Works, Stanley Fastening Systems - East Greenwich, RI 1998
- 2000
The Stanley Works manufactures pneumatic hand tools, stapling devices
and fasteners.
Satellite Plant Controller
* Professionally and confidently managed five satellite operations
located throughout North America which supplied either raw
materials and/or finished goods to geographically distant sister
operations and distribution centers.
* Consistently met all quality standards and management timelines
for preparation and tracking of operation budgets, forecasting and
reporting, financial closings and results analysis.
* Accurately reported operations cost down, consisting of materials
procurement, process enhancements/manpower utilization.
* Utilized financial panning skills to play key role with executive
management for long range business planning.
* Demonstrated exceptional operations management and procedure
development abilities, designing and implementing systems and
procedures that saved time and costs.
* Led and coached a productive team of two staff members in East
Greenwich facility and one person at each of the five satellite
facilities to regularly produce quality work and achieve all
business objectives.

General Marble Company - Lincolnton, NC 1993 - 1998

General Marble is a manufacturer of RTA (Ready to Assemble) kitchen,
bath furniture and cultured marble washbowls.
Materials Manager 1997 - 1998
* Effectively and efficiently managed all material procurement
activities, including production forecasting, planning, scheduling
and inventory control.
* Skillfully motivated, mentored and led to success a productive
team of 50 in production inventory departments to achieve all
production time and supply chain requirements.
* Selected to serve as Engineering Change Board Facilitator.
Manufacturing Controller 1993 - 1997
* Selected to design and implement all General Ledger and financial
reporting systems. Utilized accounting expertise to accomplish all
tasks on time, creating efficient and effective financial tracking
and reporting for firm the complied with GAAP Standards.
* Proficiently performed an array of analytic and financial
reporting functions, including plant product line analysis using
ABC methodology, divisional and consolidated financial reporting,
inter-company and inter-division inventory accounting, and
detailed divisional cost-center reporting.
* Substantially improved all the accuracy and quality of all
reporting by taking initiative to implement a consolidated
database financial reporting systems.
* Reduced inventory levels 3.5M and warehouses from 4 to 1 at NC
facility by implementing inter-divisional inventory requirements
system for component and finished goods.
* Greatly enhanced accounts receivable systems by consolidating it
with the sales systems.
* Designed and presented important management reports on sales
performance analysis by customer, SKU and region.
* Played a major role in all new product introductions, providing
detailed cost evaluations, sales projections and target
 performance tracking management reports.
steven malzone page 3
Earlier Positions Held
Farrel Corporation - Ansonia, CT 1990 - 1993
Manager of Cost Accounting
Amphenol Corporation, Industrial Technology Division - Wallingford, CT
1988 - 1990
Controller/Accounting Manager
Risdon Corporation, Cosmetic Container Division - Danbury, CT 1985 -
1988
Plant Controller/Manager of Cost Accounting
Wallace International Silversmiths - Wallingford, CT 1980 - 1985

Manager of Cost Accounting

Education
Bachelor of Science in Accounting
Quinnipiac University - Hamden, CT
Professional Training and Certifications
Six Sigma - Lean I, II and Technician Certified
Material Cost Reductions
Capital Expenditure Analysis & Planning
Lean Sigma Process Improvement
Activity Based Allocations - Value Stream Methodology
Operational Business Planning / Budgeting & Forecasting

MRP Education - Oliver Wight

Theory and Application
Specialized Computer Skills
Microsoft Office Suite: Word, Excel (highly proficient), Outlook,
Access, PowerPoint
GROWTHPOWER Manufacturing Software
BPCS/IBM Manufacturing Systems
CEA-Accounting Systems
Hyperion Financial Reporting Systems
 Bills of Materials/Process Routing
Inventory Control
MRP/MPS, ASK Manufacturing Systems Software
Hewlett-Packard and VAX applications
Steven F. Malzone Page 2
References
1. mailto:sm1066414@westpost.net