ERNEST P. HENNINGER

** ****** ***** ****

Brookfield, CT 06804

H - 203-***-****

C - 203-***-****

ace2du@r.postjobfree.com

Professional Summary:

Experienced professional with planning, organizational and accounting

skills that balance work, team support and ad-hoc responsibilities in a

timely and professional manner.

EXPERIENCE

11/12 - 5/14 OVED APPAREL, NEW YORK, NY

. Controller

Apparel Company with annual sales of $200 million

Responsible for corporate accounting and internal and external

reporting

. Prepare daily borrowing base report for lending institutions

. Prepare monthly and quarterly reporting packages for

management, which includes variance analysis on income and

expenses in conjunction with the Balance Sheets and Income

Statements for the 7 companies that we currently have

. Prepare monthly recurring journal entries

. Prepare General Ledger reconciliations and work-papers and

review those prepared by staff members

. Supervise 3 staff members in the Accounting department

. Supervise 4 staff members in the Accounts payable department

. Work closely with CFO on special ad-hoc projects

. Work with outside auditors for annual year end Certified

financial audits

. Work with outside auditors for semi-annual bank audits

06/06 - 10/12 KELTIC FINANCIAL SERVICES, TARRYTOWN, NY

Controller/Chief Financial Officer

Asset based lending firm; annual sales of $7 million

Responsible for corporate accounting and internal and external

reporting

. Prepare quarterly financial analysis and reports as required

by lending institutions

. Developed monthly and quarterly reporting package for

management, which includes variance analysis on income and

expenses along with budgets and forecasts

. Prepare General Ledger reconciliations and work-papers

. Supervise 1 Treasury Analyst that performs daily banking

related activities

. Supervise Office Manager as the position relates to Human

Resources

. Implemented QuickBooks system to handle the accounting

functions

. Led search to replace auditors with local firm. This included

interviewing and recommending new Accountants to management.

This resulted in a cost savings of $30K per year.

. In charge of maintenance of all computer systems

. In charge of maintenance of all phone systems

. Implemented disaster recovery plan and in current process to

write disaster recovery handbook

. Work with outside auditors for annual year end Certified

financial audits

. Work with outside auditors for semi-annual bank audits

1/03 - 06/06 USI INSURANCE GROUP, BRIARCLIFF, NY

Controller

National publicly traded insurance agency with annual sales of

$20 million.

. Led Sarbanes-Oxley compliance initiative for our location.

This entailed documenting and testing all processes within

the accounting department

. Initiated direct bill reconciliation and in 2004 found $1

million dollars of uncollected receivables from one of our

carriers

. Prepared monthly closing reports, which included the Balance

Sheet and Profit and Loss statement with variance analyses

. Prepared quarterly financial analysis and reports for

corporate office, which included variance analysis of income

and expenses

. Implemented General Ledger reconciliation and work-papers

. Prepared annual budgets, annual and monthly forecasts, and

cash flow analysis

. Supervised staff of 6, which included Staff Accountant,

Accounts Payable, Accounts Receivable and Cash Application.

This team was non-existent and was able to develop the

accounting department to where it needed to be in

reliability, responsibility and productivity.

. Performed variance analysis to budgets and forecasts monthly.

This process did not exist and I was able to convince our CEO

that is was a necessary function in order to see how we were

performing

. Worked with Big Four accounting firm for year-end audits/

reviews.

1988 - 2003 MRW GROUP INSURANCE INC., HUNTINGTON, NY

Controller

Insurance agency with annual sales of $6 million.

Created this position as a result of a merger with another

insurance agency

. Developed monthly and quarterly reporting package for

management, which includes variance analysis on income and

expenses

. Completed General Ledger reconciliation and work-papers

. Prepared budgets, forecasts, and financial planning which

reduced expenses by 15%

. Implemented ADP system and prepared payroll for 50+ employees

. Project leader on implementation of Sagitta agency management

system from antiquated system. This lead to streamlined

performance, better service for our clients and an overall

increase in staff attitude

. Responsible for entire IT function to include maintenance of

computer systems, upgrades and training of staff

. Supervised accounting staff of 2 bookkeepers responsible for

accounts receivable and accounts payable

1980 - 1988 TIGER, KRELL, CARNEY & WERBER - Public Accounting firm

Started as a Junior Accountant and was promoted to Senior

Accountant in charge of various clients ranging from small to

medium sized

. Visited clients to perform various functions such as bank

reconciliation's, check write-ups and year-end audits

. Prepared clients payroll and income taxes

. Clients included manufacturers, retail operations, airports

and auto dealerships

INFORMATION SYSTEMS

ADP Payroll-Windows based

AMS/Sagitta Agency Management System

Microsoft Office

Quick Books Accounting System

Outlook Express

FRX financial reporting

Solomon

EDUCATION

C.W. Post School of Accountancy, Greenvale, New York

Bachelor of Science, Accounting

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