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Life Insurance Accounts Payable

Location:
Brick, NJ, 08724
Posted:
January 31, 2015

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Resume:

JOSEPH W. LESZCZAK JR. CPA, MBA

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

Brick, New Jersey 08724

Home 732-***-**** Cell 732-***-**** acn3zc@r.postjobfree.com

SUMMARY

Aggressive, results oriented financial executive offering a unique blend of operational, financial

and managerial experience. Highly successful in assessing situations, determining key issues,

developing and implementing goal driven action plans. Accustomed to setting priorities across

multiple disciplines and managing projects that impact and benefit the entire organization.

CORE COMPETENCIES AND CAPABILITIES

Training and Staff Development - Insurance Risk Management - Client Profitability

Analysis - Business Intelligence Systems - Cost Reduction and Avoidance - Internal

Controls and Procedures - Cash Management – Financial Reporting

Accounts Payable/Receivable - Budgeting/Planning/Forecasting - Capital Budgeting

Elite System - General Ledger Management and Control

PROFESSIONAL EXPERIENCE

AC LORDI, Project Consultant at Legal General America, Frederick, Md. 2012 to 2014

Maintained financial reporting models to support Statutory, GAAP, IFRS and cash flow reporting

for five entities. Prepared and filed the Annual Statement for the First British Vermont

Reinsurance Company with the state insurance departments and various other reporting agencies.

CONSULTANT – MICRO RAY ELECTRONICS, Brick, New Jersey 2010 to 2011

Responsibilities included general administrative and financial consulting activities.

PROSKAUER ROSE LLP, New York, New York 2000 to 2009

Director of Finance 2007 - 2009

Controller 2000 - 2007

Directed the firm’s operations for billings, collections, accounts payable, general ledger,

budgeting, financial reporting, banking, industry surveys and all other back office accounting

functions.

Coordinated the development of the Firm’s $420 million annual expense operating budget.

Analyzed and aggressively managed the staff headcount levels and compensation budgets as part

of the annual budget process.

Developed and coordinated the Finance department’s plan for the implementation of the

Elite Global Billing system including multi company, multi currency processing.

Managed the preparation of pro forma analyses for potential new lateral groups during a

period of rapid expansion. Five new office locations, 3 domestic and 2 overseas were added

during the period. Developed and coordinated plans to merge/setup financial operations.

Directed the Firm’s initiative to upgrade its financial systems. Led the effort for the design

and implementation of Business Intelligence Software to support US and European operations for

budgeting, financial reporting and metric analysis.

JOSEPH W. LESZCZAK JR. C.P.A.

Page 2

Served as financial liaison for all domestic office managers and their staffs.

Performed periodic cost benefit scenarios for potential merger acquisitions.

Managed the annual audit and the preparation of the Audited Financial Statements.

Coordinated various committees’ efforts to improve efficiency and profitability.

Worked with outside auditors to ensure compliance with all tax and regulatory

requirements.

Managed the preparation of office, department, practice, client and matter level

profitability reports.

Managed the firm’s Liability, Property and Workers Compensation insurance programs.

Successfully filed and resolved the firm’s Hurricane Katrina claim on behalf of the New Orleans

office

Aggressively managed the cash management function to meet objectives and minimize the

firm’s debt during a period of rapid expansion.

Assisted all executive level directors with budgets, plans and deliverables to monitor and

improve financial performance and deliver quality service to partners, attorneys and ultimately

their clients.

MBL LIFE ASSURANCE CORPORATION, Newark, New Jersey 1988 to 1999

(formerly Mutual Benefit Life Insurance Company) A Life insurance corporation with

assets in excess of $13 billion, $3 billion of revenue and 1500 employees.

Director Accounting Operations

Responsible for statutory financial reporting, investment accounting, general ledger accounting,

cash flow reporting, cash disbursement processing and budget preparation and analysis.

Managed special projects including the implementation of new general ledger, cash disbursement

and investments in bond and stock accounting (Camra) systems. Coordinated the development

and implementation of all procedures and system revisions to ensure the company complied with

the seven year Rehabilitation Plan established by the State of New Jersey Insurance Department.

COMMERCIAL LIFE INSURANCE COMPANY, Piscataway, New Jersey 1978 to 1988

Life insurance company with assets of $1 billion and revenues of $400 million.

Assistant Controller 1983 - 1988

Planning Analyst 1978 - 1983

Responsible for GAAP and Statutory financial reporting, planning and control, general ledger

accounting, accounts payable and premium billing and collection. Assisted in the transfer and

consolidation of accounting functions with the National Ben Franklin Life Company of Chicago.

EDUCATION

Bachelor of Science Degree in Business Administration

Seton Hall University, South Orange, New Jersey

Masters in Business Administration

Monmouth University, West Long Branch, New Jersey

Certified Public Accountant, New Jersey Inactive Status



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