Shawn Bailes

Controller

2011 to Present

Controller for biotechnology research and development focused on application of new technology for future commercial opportunities. Develop complex business plans for go-to-market strategies.

Segment Controller

2010 to Present

Lead all financial functions to support $28M preclinical imaging business and $30M cyclotron radiopharmaceutical business. Set strategic financial policy for units related to sales, manufacturing, R&D project expenditures including capital investments, and all other operations. Develop, analyze, and interpret financial budgets, forecasts, and actual performance. Turnaround strategies resulted in positive net cash flow.

North American Cost Accounting Manager

2009 to 2010

Cost accounting manager for 28 dedicated manufacturing plants and 100+ external contract manufacturers. Responsible for 8 cost accountants and offshore back-office operations supporting the manufacturing controlling function and month-end close.

Financial Manager

2007 to 2009

Lead financial, purchasing, and information technology teams to support $165M manufacturing operations and set strategic policy for plant related to cost structure, cost savings plans, and capital investments. Develop, analyze, and interpret financial budgets, forecasts, and actual performance.

• Developed proposal and financial payback analyses for $20M capital expansion project. Played primary role in securing investment from business unit leadership on behalf of Loudon plant.
• Principal in leading project to commercialize waste stream resulting in potential $1M savings opportunity.

Accounting Team Leader

2006 to 2007

Team leader of accounting team providing ancillary cost accounting support to shared services organization including product costing, overhead allocations, variances, transfer pricing, and SAP FICO configuration.

Cost of Sales Manager (SME)

2004 to 2006

Cost-of-sales accounting and management reporting for North American operations. Managed Cost of Sales related activities such as allocations, overhead assignment, financial derivative accounting, variance settlement, vendor rebates, royalty accounting/reporting, and transfer pricing.

Cost Accountant

2001 to 2005

Cost of Sales accounting, consolidation and reporting for North American consumer products. Assisted in SAP Go-Live in 2004 as a FICO functional subject-matter-expert (COM/COS). Developed ad-hoc reporting and analysis tools providing exceptional insight into cost accounting data and trends.

Information Systems Analyst

1997 to 2000

Analyst and programmer for various costing systems for raw materials, production reporting, and manufacturing finance and accounting applications. Developed original cost accounting website for corporation.

Information Systems Consultant

1996 to 1997

IT consultant, analyst, programmer and manager for major telecommunications provider in unique contract services arrangement.