Stephen M.

Patterson
681 Massachusetts Ave.
North Andover, Ma. 01845
Cell: 978.973.1740
Email: spdc0c6e@westpost.net
URL: www.Linkedin.com/in/stevepatterson17
SUMMARY
An accomplished financial manager who has provided meaningful financial analysis
, reliable financial reporting, and financial leadership for manufacturing and s
ervice business units. A demonstrated ability to initiate, lead, and deliver cha
nge with a proven track record implementing process improvements and best practi
ces. An operating style built on strong team building skills focused on establis
hing business partnerships across all levels of management.
Multi-Plant Environment * International & Domestic P&L responsibility * Operatio
ns & Inventory Accounting * Manage Financial Close Cycle * Capital Budgeting * P
roject Tracking * Financial Support to Business Partners * Financial Analysis *
Financial Budgets & Forecasts * Strategic Financial Business Modeling * ERP Impl
ementation * Monthly Financial Review Packages * SOX Compliant * Oracle GL Syste
m * Hyperion Financial Reporting System

PROFESSIONAL EXPERIENCE
Brooks Automation Inc. - Chelmsford, MA. 2000 to 2010
A $500M manufacturer of factory automation equipment for the semi-conductor indu
stry providing both new equipment and service support to its installed equipment
base.
DIVISION FINANCE MANAGER - GCS Division (2004 to 2010)
Managing a staff of 4 professionals, directed all business unit financial respon
sibilities including reporting, analysis, planning, and strategic financial mode
ling in support of this multi-site, multi-regional division. Prepared and presen
ted monthly and quarterly financial review packages to Senior Management team. S
erved as lead financial interface with business unit functional managers providi
ng financial guidance and support to ensure adherence with all corporate financi
al controls and guidelines.
* Provided value added analytical support to business unit senior management tha
t drove profit and strategic initiatives in the areas of product line management
, manufacturing & supply chain strategies, and investment alternatives leading t
o a 15% increase in margin profitability ratios.
* Managed and coordinated annual planning and quarterly forecasting cycle for th
e business unit.
* In conjunction with Senior Management functional leads developed operational a
nd strategic KPI's providing benchmarks that drove continuous improvements and s
trategic decision making.
* Established reporting and analytics framework for the division that offered ma
nagement a concise view of the business accompanied by meaningful analysis on re
venue, gross margins, department spending, R&D projects, and cash flow activitie
s.
* Developed improved reports and processes that reduced the financial close and
internal reporting cycle by 2 business days.
* Successfully managed the business unit's financial integration process for a m
ajor acquisition.
* Established business unit reporting requirements for revenue, bookings, backlo
g and key performance indicators.
SENIOR FINANCIAL ANALYST (2000 to 2004)
Provided key analytical and reporting support to Business Unit Controller of the
Hardware Division on revenue, cost of sales, department expenses, R&D projects,
and balance sheet provision requirements. Primary responsibilities include: Mon
thly/quarterly closing process including variance and trend analysis for monthly
reporting package, Revenue recognition on POC projects with accompanying analys
is, Cost accruals for proper matching of cost and revenue, Assist in financial p
lanning and forecast cycles, and Complete analysis for inventory and warranty pr
ovision requirements.
* Developed tools, templates, and models to support annual budget and interim fo
recasting cycle.
* Identified and followed through on financial issues and variances developing p
roactive approaches for control which led to reduced cost variances and improved
forecast accuracy.
* Partnered with R&D functional leads to develop improved R&D project reporting
for actual and estimates to complete driving increased accuracy when gauging pro
gress against strategic and profit initiatives.
* Hands on approach towards working with operations and supply chain management
resulting in annual cost reductions of $2.4M.
* Developed warranty cost and forecast model resulting in an improved understand
ing of cost drivers and reduced provision forecasts.

Smith & Nephew Endoscopy - Andover, MA. 1990-2000

A $300M manufacturer of surgical products, S&N Endoscopy is a division of London
based Smith & Nephew, a +$1 billion provider of medical equipment.
MANUFACTURING CONTROLLER (1995 to 2000)
Complete responsibility for all operations accounting functions for the division
's three domestic manufacturing operations. Managing a staff of 5 professionals,
provided financial support to the operations arm of the company with a direct i
nterface with the VP of Manufacturing Operations. Primary responsibilities inclu
de: Ensured proper valuation of all cost accounting transactions and inventory w
ithin the manufacturing operations, established and maintained accurate standard
manufacturing cost and associated overhead rates, coordinated monthly close cyc
le for multiple plants, directed all required analysis of manufacturing variance
s, and managed annual budget and forecast cycle for the operations arm of the co
mpany.
* Spearheaded efforts on cost reduction teams leading to the identification and
execution of cash flow savings averaging +$4M per year over a 4 year period, sal
vaging margin profitability targets despite shortfalls versus plan revenue.
* Successfully managed plant accounting functions through a high growth environm
ent during the implementation of a new SAP ERP system. Achieved with limited sta
ff growth due to implementation of staff cross training and development programs
.
* Developed format for operational monthly review packages through the company's
high growth cycle and SAP upgrade.
COST ACCOUNTING MANAGER (1990 - 1995)
Managed all plant accounting, inventory, and accounts payable functions for the
Andover plant location. The position reported to the Director of Finance with ma
nagement responsibility for two professionals.
Augat Alcoswitch - No. Andover, Ma. 1987-1990
A +$40M electronics component manufacturer, Alcoswitch was a division of Augat I
nc., a $300M manufacturer serving automotive and telecommunication OEM's.
DIVISION CONTROLLER (1987 - 1990)
Total responsibility for the management of all financial activities within the d
ivision. Reported to the GM of the division and managed a staff of five. Primary
 responsibilities included: Financial closings and reporting, financial budgetin
g and forecasting, accounts receivable, accounts payable, and payroll.
Positions of increasing responsibility with companies including Sigma Instrument
s and Raytheon Missile Systems

EDUCATION & TRAINING

MBA - Suffolk University, Boston, MA.
BSBA - Merrimack College, North Andover, MA.
Leadership Seminar - Brooks Automation Inc.
Activity Based Costing Seminar

COMPUTER SKILLS
ORACLE, SAP, BPCS, and JD Edwards business enterprise software systems. PC based
- Advanced Excel, Powerpoint, Hyperion, Discoverer, and Cognos.