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Accounting Management

Location:
Florida
Posted:
May 01, 2015

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Resume:

Carrie F. Novello, C.P.A.

**** *, **** ******* **., Davie, FL 33328 954-***-****

acphe4@r.postjobfree.com

FINANCIAL LEADERSHIP

An accomplished financial executive with over 20 years of entrepreneurial-

style leadership within public accounting and a diverse number of

industries. Proven experience in building teams and facilitating change.

Known for being an innovative thinker who keeps focused on the big picture

while effectively managing detailed activities. Broad scope of financial

and leadership skills, including:

. Strategic Planning & Development ( Start-up Organizations &

Transitions ( Process Improvement & Lean Principles

. Forecasting, Budgeting & Cost Control ( Financial Planning &

Analysis ( Team Building & Performance Management

. Mergers & Acquisition Due Diligence ( Financial SEC Reporting

( Systems Development & Integration

. International operations ( Sarbanes Oxley 404 Compliance (

Broad Tax Knowledge

EXPERIENCE

Vice President, Finance

AeroTurbine, Inc., Miami, FL, Aviation subsidiary of AerCap, a NYSE global

leader in aircraft leasing 2012 - Present

Oversee & provide financial and strategic direction for $500M Aviation

company.

Develop and coordinate the annual business plan, five year plan, and

quarterly forecasting process for five product lines and 25

departments

Prepare and present quarterly results against budget and forecast to

senior management, bankers, and Board of Directors; identify and

highlight developing trends and work with business leaders to develop

actionable solutions

Oversee financial planning and analysis activity including capital

asset acquisition (NPV deal modeling for aircraft & engine purchases &

leases), daily flash reporting for key performance metrics (yield &

utilization), finance lead on new business ventures & due diligence

Responsible for company's debt facility, weekly cash forecasting,

asset financing, and ensure adherence to debt covenants.

Oversee credit and collections activity, including monitoring credit

risk, performing credit reviews, develop and report weekly dashboard &

metrics, prepare quarterly bad debt calculation, and ongoing

interaction with customers and sales management

Support Chief Commercial Officer to develop annual bonus plans for

product line and sales personnel, including performance-based metrics;

prepare quarterly calculation of bonuses against bonus plans

Director of Finance

Fontainebleau Florida Resort, private limited liability company in Miami

Beach, FL 2010 - 2012

Oversee Finance & Accounting of $315M resort with over 1500 guest rooms,

100,000 square feet of meeting space, 15 food and beverage outlets, 5

retail outlets, 40,000 square foot spa and fitness center, marina,

employing over 2300 employees.

. Oversee development of annual budget, monthly reporting of results

against budget and forecast to resort management, board of directors,

and owners, including key operational metrics, and labor productivity

. Produce GAAP financial reporting, coordinate audit with Ernst & Young,

oversee accounting and reporting aspects of Company's troubled debt

restructuring, debt refinancing, banking relationships, and cash

reporting & forecasting

. Lead all resort compliance, including financial and system internal

controls, 401(k) compliance, payroll and sales taxes

. Direct insurance renewals for health, property, D&O, and Crime

insurance, including analyzing proposals of insurance providers.

Supervise Controllers and Managers within Resort & Corporate

Accounting, Treasury, Income & Night Audit, General Cashier,

Billing/Credit/A/R, A/P, Payroll in-house, Condo Accounting, and F&B

and Retail Inventory Control (over 50 employees).

Vice President Finance / Division CFO

HEICO Aerospace, Co., NYSE public company in Hollywood, FL

2005 - 2009

Division-level CFO responsible for financial strategy and leadership of the

HEICO Parts Group, a division of HEICO Aerospace Corp ($580M SEC public

manufacturing company), including over 20 national and international

locations. Oversee staff of 25 finance employees, including 6 Controllers,

7 Asst. Controllers, Financial Analysts, Staff Accountants, a Credit

Manager, & 4 Accounts Payable Processors.

. Championed re-design of the budgeting and forecasting process and

reduce month-end closing process from 6 days to 4.5 days by

implementing standardized schedules, checklists, timelines, roles &

responsibilities, communication, etc.

. Cash flow management of domestic and international bank activities;

Set-up international offices in UK, Germany, Ireland, China, Taiwan,

and India (legal structure, accounting, payroll, and tax

implications).

. Led merger & acquisition due diligence efforts on several

acquisitions, (company valuation, purchase accounting, & operational

integration)

. Analyze inventory obsolescence and champion new methodologies for

manufacturing/ distribution business units.

. Designed & implemented a revised PCAOB control framework for the

Company's 404 compliance activities.

. Ongoing interaction & coordination of activities with financial

auditors (Deloitte & Touche), tax professionals (KPMG), and legal

department.

Certified Public Accountant, Novello Financial Services, San Ramon, CA

2003 - 2005

. Relocate to San Francisco for 2 years with husband's job; complete

Marriott assignment remotely; Obtain California CPA & work independently

Director, Finance & Accounting

Marriot Vacation Club, International, Fortune 500 public company in

Orlando, FL 2000 - 2003

Promoted in 2001; Report to Sr. VP of Development of this $1Billion

subsidiary of $10Billion Marriott International (Fortune 100 SEC pubic

company)

. Key leader on project delivery process reengineering team to enhance

new product to market process (i.e. project feasibility determination

to building and opening new resort).

. Develop and implement proforma capital expenditure model to track

development and construction costs for 36 vacation resorts totaling

over $4.3B. Models were used for job costing and rolling up long-term

NPV and ROI of projects. Consolidate and report results of 14

Controllers (US, Europe, Asia, and Hawaii).

. Create and implement scorecard management process - executive level

reporting of project timelines, scope, and budget performance

. Member of Project Management Integration team reengineering

development management systems and processes, capture and allocate

development costs to resorts under construction.

Regional Controller

Marriot Vacation Club, International, Orlando, FL (Continued)

Oversee Development & Construction, Sales & Marketing, and Operational

accounting, budgeting, and reporting of east coast resorts. Supervise 4

Resort Controllers, and 20 Senior/Staff Accountants among 9 properties.

Director Financial Planning & Analysis

Tempus Resorts International, Private Equity owned company in Orlando, FL

1998 -2000

Report to CEO President of this $150M start-up subsidiary within the

vacation ownership industry.

. Develop & implement budget process & executive reporting package for

start-up vacation ownership company with annual sales of $150M

. Support Executive Management in defining business models, develop cost

center structure, build business models and zero-based budgets

Manager, Finance & Operational Accounting

Disney Cruise Line, Fortune 500 public company in Orlando, FL

1994 - 1998

Promoted Fall 1996; Set up & implemented Finance Operations and Corporate

Accounting departments of start-up subsidiary of The Walt Disney Company,

including recruiting and managing a team of 20 employees (18 salary; 2

hourly).

. Operational Management Team launching the Disney Magic from Venice,

Italy and Disney's Castaway Cay out-island in the Bahamas;

. Develop policies & procedures for ship revenue areas; Design

accounting system specifications & implement shipboard Point-of-Sale

system at 25 revenue locations, Cashless Front Desk charge system,

Food & Beverage and Merchandise Inventory systems, and Peoplesoft

payroll system including tax law compliance in the US, UK, Italy, and

the Bahamas.

. Design JD Edwards general ledger chart of accounts; develop and

document accounting policies & procedures for 100+ accounts, including

transaction processing, journal entries created, & monthly account

reconciliations.

. Assist Price Waterhouse auditors from Orlando, London, and Nassau

offices with corporate audit needs.

Senior Financial Analyst - Disney Cruise Line

Promoted June 1995. Work for VP and Director of Finance in developing the

initial Business Plan and Operating Budgets for this start-up venture.

. Manage budgeting & forecasting; develop zero-based budgets, supervise

& coordinate efforts of 4 analysts.

. Prepare reporting of capitalized costs for ship building activities,

capitalized interest, and pre-opening costs.

. Develop pricing structure & product development for cruise line's

first brochure; Run NPV analyses on special projects

Senior Auditor, Walt Disney World Management Audit

Senior Auditor

Price Waterhouse, Big 4 public accounting firm in Miami, FL

1990 - 1994

Performed a variety of business advisory services in cruise line, real

estate, and various industries. Specific clients included:

. Carnival Corporation - Coordinated worldwide financial audit involving

30 PW professionals in 5 offices. Prepare comfort letters for

Carnival's SEC shelf offerings.

. Royal Caribbean International - Verified registration statements for

RCI's Initial Public Offering. Analyzed shipboard operations to

ensure strong internal controls in place and operating effectively.

. The Graham Companies, Kennedy Properties, & Windsor Properties -

Extensive knowledge of real estate accounting

EDUCATION, ACTIVITES, AWARDS

Masters in Accounting, Florida International University, Miami, FL GPA

3.8/4.0

Bachelors in Accounting, University of Illinois, Champaign, IL GPA 5.0/5.0

Certified Public Accountant, State of Florida, Active License AC0025689;

Pass CPA Exam May 1990 on first time

American Institute of Certified Public Accountants; Florida Institute of

Certified Public Accountants

Board of Directors, Treasurer, Saint David Catholic School 2012-2015

University of Illinois Bronze Tablet Highest Honors, Top 3% of graduating

class

Top Ten Senior Award - Top 10 individuals in College of Business for

Academics & Campus Activities

Beta Alpha Psi, Golden Key, Alpha Kappa Psi Business Fraternity, Alpha

Gamma Delta Sorority



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