Katina Townsend
Durham,NC
Summary
Personable and forward-thinking professional with strong grasp of financial management principles and strategic planning. Possesses in-depth understanding of budgeting and financial analysis, coupled with expertise in financial modeling and forecasting. Dedicated to driving financial efficiency and contributing to organizational growth.
Overview
16
16
years of professional experience
Work History
Plant Controller - Morrisville Plant
The Clorox Company
05.2022 - Current
- Develop and prioritize financial reporting, operational metrics, and appropriate production visuals that provide visible clarity of gap analyses to the plant including cost per stat case, material variance, headcount, capacity and OEE
- Manage material and inventory control functions to include cycle count processes of both finished goods and materials ensuring 98% or better inventory accuracy
- Preparation of the plant budget, monthly, quarterly, annual forecasting, monthly analysis of site manufacturing cost, and the preparation & analysis of site and business level production and cost reports
- Identify, lead and support key capital and cost initiatives including achieving rolled up savings plan targets of over $0.7M annually
Finance Manager, P&A - Burts Bees
The Clorox Company
05.2018 - 05.2022
- Play a key leadership role in driving growth for the H&L segment by partnering with project teams to develop pro-forma P&L projections and DCF valuations for new product launches and adjacency expansion opportunities
- Lead the annual Outlook and Long Range Planning process (LRP) by working with business unit leadership to develop sound planning assumptions and analysis
- Provide ad-hoc and analytical decision support for the division by leading the annual Pricing P&L's process, evaluating product customization requests, and performing cost savings and capital investment analysis
- Own the evaluation and modeling of pricing changes, new product pricing and system set up of pricing within the workflow process and ensuring compliance with internal controls
Category Cost Manager
The Clorox Company
10.2013 - 05.2018
- Lead the Burt’s Bees TDC close and forecast processes including analyzing and reporting of monthly variances
- Responsible for developing forecasts and tracking actual expenses for areas of responsibility including: purchase price variance, market movement, material usage, and donations and destruction
- Responsible for inventory forecasting and reporting including: non-productive inventory (NPI) process, inventory obsolescence reserve and inventory valuation (LCM, LIFO/FIFO)
- Lead category review of the annual standards for over 1,000 materials. Ensure use of consistent methodology and provide the key drivers of change
Accounting Manager
The Clorox Company
09.2008 - 10.2013
- Managed $130MM in general payables and capital expenditures
- Documented the internal controls policies and procedures for Expenditures and Treasury
- Reviewed quarterly self-assessment test results and closed audit gaps for Expenditures and Financial Reporting
- Completed the fixed asset conversion from FAS to SAP including the initial physical inventory and asset tagging
- Implemented an online expense reporting system to more accurately report $2.5MM in T&E expenses
- Reviewed the monthly accounting for foreign subsidiaries in Canada, Australia, United Kingdom and LATAM
Education
Master of Business Administration - Finance
North Carolina Central University
NC05.2014
Bachelor of Science - Accounting
North Carolina Wesleyan College
NC12.2004
Skills
- Financial Modeling
- Forecasting
- Internal Controls
- US GAAP
- Product Commercialization
- Cost Accounting
- Revenue Recognition
- Variance Analysis
- Financial Forecasting
- Manufacturing Operations
Accomplishments
Worker Bee Award 2024 - System Outage Leadership
Specialty Finance Act Like an Owner 2017
Specialty Finance Stretch for Results 2015
Specialty Finance Personal Ownership 2013
Specialty Finance Shareholder Award 2013
CFO Team Award 2013
Timeline
Plant Controller - Morrisville Plant
The Clorox Company
05.2022 - Current
Finance Manager, P&A - Burts Bees
The Clorox Company
05.2018 - 05.2022
Category Cost Manager
The Clorox Company
10.2013 - 05.2018
Accounting Manager
The Clorox Company
09.2008 - 10.2013
Master of Business Administration - Finance
North Carolina Central University
Bachelor of Science - Accounting
North Carolina Wesleyan College
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