OSCAR C. ADKINS, JR. C.M.A. 1212 Elysian Way Rougemont, North Carolina 27572 Home: 919.471.4701 Cell: 919.724.

8212 E-Mail Oscara33@Hotmail.com SUMMARY Senior Cost/Account Analyst with over ten years experience in manufacturing. Task oriented facilitator of new processes using direct communication and lead from the front style. Skilled in verbal and written communication with all levels of management. Goal is to reduce cost and increase control and profitability. Proven areas of achievement in: Project Implementation Process Improvement Operations Audits Product Costing Budgeting GL Transaction Analysis

KEY ACCOMPLISHMENTS Project Implementation Managed cross-functional team of logistics and operations to bring a Leaf Tracking system on line for start up Tobacco Company. Critical start up project with 3-month deadline. Using Bar Codes, the system tracked receipts, quantity on hand, and stalk location. Reported progress to the C.O.O., V.P of Tobacco Procurement and V.P. of Finance. Process Improvement Developed and implemented process using Access database for Order Ownership Table and the carving out of Inventory transactions from Nortel Books into Buyers books. Saved 15 20 man hours per week. Developed and implemented LIFO index procedures and calculations. Reduced time for sample selection; verification and LIFO index calculation by 200 man-hours at year-end. Created systemic cost of sales report, resulted in greater accuracy and timeliness in reporting cost of sales and profit margin. Saved 20 man-hours per month. Operations Audit Discovered process error in Ink Billing. Resulted in over $30,000 in credit for company due to over charges. Audited and reported inventory valuation of a facility the company planned to acquire. Product Costing Assimilated and analyzed cost for new Modular product line. Data was used to determine cost and profitability. Resulted in new product introduction. Researched, compiled, analyzed and reported cost data for two multi-million dollar government contracts with a corporate internal auditor resulting in $200,000 additional revenue. Budgeting Compiled $18 million operations budget. Organized data for 16 manufacturing cost centers. Created, linked and consolidated operations budget spreadsheets. GL Transaction Analysis Analyzed and Reconciled General Ledger transactions, reported discrepancies for plants in Canada and U.K. Experience with Currency Exchange Rates. Analyzed and Reported Cost errors to the Cost Department, led to Cost/Accounting corrections.

Oscar C. Adkins, Jr., C.M.A.

Page 2

PROFESSIONAL EXPERIENCE NORTEL, Durham, NC 2009 2011 SAP Variance Analyst GOPS BU Analysis: Prepare the Order Ownership Table, Identify the Inventory transactions for the period and booked carve out entries from Nortels books to the Buyers books. Prepared Revenue Recognition analysis. Prepared Account reconciliations quarterly. Performed Month end close duties. NORTEL, Durham, NC SAP Variance Analyst 2007 2009

PPV Analysis:
Investigate and document the variance for accounts 630000 and 630300 monthly by statutory entity and periodically throughout the month to proactively identify issues. Reconcile analysis to GL at month end. Prepare any necessary correcting MJEs with appropriate documentation as per corporate policy. Correct Cost where necessary. Post all analysis and MJEs to LiveLink for SOX evidence and communication to FP&A.

Process Improvement:
Support key Finance Revitalization initiatives including accelerating financial close and reducing MJEs. Look for opportunities and apply judgment to reduce MJEs wherever possible while still continuing to maintain a high level of financial & management reporting integrity. Identify root cause of issues and implement corrective actions to avoid reoccurrence NORTEL, Durham, NC 2005 2007 Intercompany Inventory Accountant Responsible for reconciling the SAP In-transit accounts to ensure the integrity in inventory accounting. Drive the account balances to prevent balances from aging; streamline the reconciliation process with other team members; comply with SOX and ARMS requirements; and provide standardized, accurate, and timely reporting data to customers of the In-Transit Team in order to drive balance clean-up and process resolutions Reconciled financial accounts related to intercompany purchases. Worked with cross-functional groups to determine root cause of differences and prepared journal entries as required. Responsible for documenting and substantiating the provision and write off entries. BOWE, BELL & HOWELL, Durham, NC 2003 2005

Senior Cost Analyst 2004 2005 Prepared Weekly Sales Backlog report for Revenue forecasting and Sales flash. Reported backlog results to Manufacturing to determine the companys ability to meet Production/Sales forecast. Reconciled Revenue and Cost of Goods Sold. Recognized gap in reporting Backlog results. Analyzed booking process and included Sales Order changes and Booked/Shipped Orders. Increased Backlog accuracy, tied report to Sales Revenue before month end saving a day. Cost/Financial Analyst 2003 2004 Provided information to Manufacturing to determine production efficiencys, including Labor Usage, Overhead Absorption, Departmental Spending and Cost of Production After 30 days, Accountant in Charge of the 2003 year-end physical inventory at the Durham facility. Planned and controlled the count. Reported results in time for year-end Financial Package. MEADEWESTVACO HEALTHCARE PACKAGING, Mebane, NC 2003 2003 Contract Six months Monitored Factory Orders for proper costing. Conducted audits and created new procedures

Oscar C. Adkins, Jr., C.M.A.

Page 3

for the Corrugated and Ink Inventories. Prepared Budget to Actual expense comparisons. VECTOR TOBACCO, Timberlake, NC 2001 2002 Experimental Tobacco Company Manufactured Nicotine Free Cigarettes. Went out of business with in 6 months of my departure. Cost Analyst Maintained tobacco inventory records. Prepared the USDA stock report. Analyzed the PPV account and departmental expenses. Designed, created and implemented the procedures and templates to accumulate, calculate and record monthly capital labor expense. NEWTON INSTRUMENT COMPANY INC., Butner, NC 2000 2001 Manufacturing Cost Analyst Reviewed Operational Expenses for appropriate classification. Establish Overhead Rates for multiple operational departments. Monitored and reported overhead absorption, production cost and manufacturing variances.. Proved Validity of BAANs cost calculations to outside auditors with an Excel model. Assisted in hiring, trained and directed the activities of a Junior Cost Accountant. BELVAC PRODUCTION MACHINERY, Lynchburg, VA 1996 2000 Senior Cost Analyst Prepared monthly income and cost/profit forecast Conducted annual review and analysis of Operational Cost. Reported an analysis of monthly manufacturing variances, machine cost and profitability by product line. Accumulated, tracked and reported R&D project costs. LIMITORQUE CORPORATION, Lynchburg, VA 1990 1996 Senior Accountant 1993 1996 Compiled a Monthly Activity report. Tracked, analyzed and reported the changes in the Obsolete and Slow Moving inventory. Acted as a mediator/investigator for the Accounting department. Increased Managements confidence in the Backlog and New Bookings reports by reconciling the beginning and ending Backlog using the New Bookings and Cost Of Sales reports. Created an Obsolete and Slow Moving inventory activity report. Resulted in saving approximately 80 man-hours per month, enhanced reporting accuracy and timeliness. Removed thousands of dollars from slow moving and obsolete inventory. Cost Accountant 1990 1993 COMPUTER SKILLS Microsoft Excel( Vlookup and Pivot Tables), Access, BEx Analyst Word, Outlook, Oracle and SAP. EDUCATION Bachelor of Arts, Accounting, Lynchburg College, Lynchburg, VA, 1988 Bachelor of Arts, Business Administration, Lynchburg College, Lynchburg, VA, 1980 Certified Management Accountant, Institute of Management Accountants, Certification Number 25877