Lee Cotten

Lee Penn Cotten 1002 High lake Trail Mansfield, TX 76063 (Home-; (Cell- Email: -Professional Experience Manufacturing Company, Midlothian, TX 4/2022 – Present Plant Controller Manage and supervise two Plant Accountants to assure one day month-end close is completed. Review and sign off on AP invoices before they’re submitted to Corporate for payment. Analyze daily production, used and shipments of finished products. Completed 2023 budget and prepare monthly operations performance on Power Point for upper Management monthly Teams call. Compile monthly cost per ton report, monthly cost report, MTD and YTD forecasts Prepare and attend weekly Management meetings and assign fixed asset confirmation to distribute to various departments for SOX compliance. Complete SOX requirements by providing 327 supporting documents. NTL BRANDS, LTD, Dallas, TX7/2021 – 4/2022 Plant Controller/CFO Reported directly to the President of the company of their daily financial standing. Manage and supervise 7 CSRs, and 3 Accountants in AR, AP and setting up new items. Review and process weekly payroll into ADP and journal entries into IQMS, and balancing to a report provided by ADP. Entering PTO requests, new hires and terminations of employment into ADP software daily. Set up new hires in the biometric timeclocks to record daily labor hours. Caught up and reconciled 9 months of rebates and commissions. Review, approve & properly recode AP invoices and helped resolve outstanding accounts. Created a written procedure for handling PIT and backflushes, and month-end processes. Stayed in close communications with the Plant Manager to discuss new products and shift changes. Developed a good relationship with the Purchasing Manager to ensure raw materials from vendors don’t run low to impede our production. Work out a payment plan with FedEx, UPS & Worldwide to keep our account in good standing. Completed physical inventory counts and made necessary adjustments to reflect in our system. Calculated sales tax and filed our report online each month, and caught up 6 months past due. Reconciled fixed assets and confirmed they were all still in service. Review and approve credit card transactions before entering expenses into the g/l accounts. COTTEN FINANCIAL, LLC, Mansfield, TX7/2019 – 7/2021 CEO / Owner Discuss directly to the Owner or CFO of the company of their daily financial standing. Help set up & clean up trial balances of company daily financial activities for month end close process. Assist in discovering any errors by analyzing the balance sheet and income statements to explain concerning variances. Provide financial statements to the bank to remain in good standing for line of credit. Review, analyze & recode any miscoded AP invoices to be paid in a timely manner. Help create written procedures to implement handling asset account activities, as well as, requiring proper personnel authorization for any credit AR returns and allowances. Develop and explain clear account description names and how they affect the financial reports. Reconcile and make correcting monthly entries to accrue out of period expenses, amortize prepaid accounts, depreciate & maintain fixed asset accounts and record inventory activities. AGE INDUSTRIES, Cleburne, TX4/2019 – 7/2019 Corporate Controller Reported directly to the COO/President of the company of their daily financial standing. Help transition trial balances for the company software from Acumatica to Amtech by resolving their true fiscal year ending September balances to carry forward beginning balances for October. Assisted in discovering the cause for major monthly losses due to systematic errors of additionally assessing extra labor and overhead expenses to their COGS. Caught up and restated 9 months of financial statements to the bank to remain in good standing for their line of credit. Review, approve & properly recode AP invoices to be paid in a timely manner. Created a written procedure for handling petty cash replenishments for 6 branches, as well as, requiring proper authorization to credit AR for returns and allowances. Accessed and researched accounts missing on the Income Statement, and providing better account description names and how they were organized on the financials. Created and uploaded many journal entries to provide supportable balances on the balance sheet accounts, as well as, accounts on the P&L. Initiated and lead the person in charge of getting the fixed assets and other assets accounts reconciled to reflect true numbers of their asset inventories. DEAN FOODS, Fort Worth, TX6/2007 – 4/2019 Senior Accountant II/Cost Accountant Provide FMMO Auditors with requested supporting documents every 6 months. Reconcile and maintain over $200 million fixed assets for entire Land O Sun and Dairy Fresh Dairies locations by adding, disposing, transferring, and depreciating assets monthly. Communicate to the plant regarding open CIP balances to capitalize when assets are put in service. Allocate $3-5 million of corporate charges their respective locations, branches and departments, while balancing monthly. Accrue several hundred-thousand of open AP invoices monthly for multiple locations. Disperse monthly HQ G&A charges for shared services to nearly 100 branches based on head-count percentages for each location, including medical & health benefits. Calculate and allocate rebate expenses and distribute to multiple locations based on contractual agreements. Complete and sign-off SEC & D&T PP&E Schedules monthly and quarterly to comply with SOX regulations. Reconcile and provide proficient support for the majority of Land O Sun HQ balance sheet accounts and making re-classes, adjustments and true-ups to accounts as necessary. Set up & post recurring monthly amortization expenses and stat entries Collaborate with other Senior Accountants from other dairies to balance intercompany sales and payables for multiple locations within Dean Foods. Balance sales tax liability accounts to the OTC system and notify any discrepancies to the Tax Department to resolve with our Treasury Department. Review & approve AP invoices of purchase price variances that are correct versus products received. Calculate & submit check requests to file with business license renewals in cities and counties where our business is conducted. Complete State and Federal Tax packages for year-end. Enter average daily butterfat testing from milk received from co-ops. Update vendor prices from procurement corporate website. Set up and create new raw materials and finished goods in OTC system. Complete FMMO milk reports monthly and calculating various credits for two FL milk plants. Verify millions of pounds of the milk received and sign off on milk advanced payments and finals. Education Dallas Baptist University, Dallas, TX Bachelor’s Degree in Accounting Software JD Edwards/Oracle, Sage FAS, Prodagio, Hyperion, Excel, Amtech, Accumatica, AS400, IQMS, Quick Books