Stephen A. Ernst

** ******* *****, **** *********, NY 11552, 516-***-****

acps1j@r.postjobfree.com

SUMMARY

Management professional with extensive experience in financial management,

accounting, planning and analysis, administration and operations. Ability

to adapt to various industries within either a global or local environment.

Demonstrated success in establishing processes to improve productivity,

increase efficiency, enhance quality and strengthen financial results.

Ability to effectively plan, coordinate and meet deadlines of multiple

projects. Detail oriented, with a proven capability to successfully

contribute to company objectives. Noted for strong team building and

interpersonal skills leading to productive relationships with co-workers

and business partners in all functional areas.

. MBA in Finance . Big Four Public Accounting . Strategic

Business Planning

. Internal Control Compliance . Financial Statement Generation

. Relationship and Teambuilding

. Financial Planning and . Cost Reductions and . Policy

and Procedure

Analysis Efficiency Improvements Development

. Acquisition and Divestiture . Information Systems .

Performance Management

EXPERIENCE

Vice President Finance and Administration March 2006 - March 2015

TNT Express, Melville, NY - Primary financial executive for the North

American division of a global provider of express delivery and freight

services. Maintain relationship and continuity between divisional finance

function and corporate head office in Amsterdam. Act as business partner

with executive team by providing financial analysis and guidance. Develop

annual plans and strategic forecasts and measure results against those

plans. Responsible for the management of General Accounting, Billing and

Receivables, Reporting and Budgeting, Fixed Assets and CAPEX, Payroll,

Purchasing, Corporate Compliance and Risk Management. Oversee preparation

and filing of corporate tax returns. Develop local internal control

procedures within corporate guidelines and ensure compliance. Coordination

of both external and internal audits.

1. Project manager for conversion to SAP accounting system. Successful on-

time implementation, leading to improved processes and increased controls

over several functional cycles including general accounting, fixed

assets, purchase-to-pay, invoice-to-cash and financial statement close

process.

2. Reduced finance staffing requirements by 15% through a series of cross

functional process improvements and IT systems solutions.

3. Member of management team responsible for implementation and maintenance

of ISO 9001, 14001 and OHSAS 18001 certifications.

4. Completed recapitalization and intercompany loan arrangement leading to

utilization of tax NOL and group tax savings of $45 million.

5. Integrated newly acquired Caribbean, Central and South American

Associates into existing financial systems, policies and procedures.

6. Developed revised Credit and Collections Policy, standardizing risk

assessment of customers while supporting the organization's sales

strategy.

7. Initiated review of Medical and Dental Benefit Plans leading to changes

that realized savings of $800,000 annually with minimal reduction in

benefits available to employees.

Division Vice President - Controller May 2000 - March 2006

Pepsi Bottling Ventures, Amityville, NY - Supervised all operational,

financial and accounting aspects of New York division of major soft-drink

bottler including general ledger, receivables and payables, cost accounting

and inventory management. Interacted closely with sales function to ensure

ongoing profitability. Worked with independent distributor network in

achieving common goals. Developed annual operating plan and analyzed

results against plan.

8. Improved credit and collection policies and procedures, reducing past

due balances by 40%.

9. Participated in the successful negotiation of collective bargaining

agreement, leading to enhanced employee relations and further

stabilization of workforce.

10. Established distributor lending program with local bank, providing

funding for distributor truck purchases and resulting in improved

distributor relations.

11. Identified incorrect procedures for capitalization of vending assets,

resulting in a one-time addition to operating profit. Established ongoing

procedures to properly capture future additions.

12. Coordinated information technology upgrade in New York division.

Inventory and route accounting system upgrade and integration with SAP

successfully completed on time.

13. Established production scheduling guidelines which increased production

efficiencies by 6%.

Controller June 1989 - May 2000

LNR Communications, Hauppauge, NY - Managed all financial and accounting

functions of manufacturer in the telecommunications/defense industry.

Prepared and analyzed financial statements. Prepared and filed corporate

income taxes and payroll taxes. Coordinated year-end audit with independent

accounting firm and various other audits with governmental agencies.

14. Researched, selected and implemented an integrated cost accounting and

manufacturing software package which reduced paperwork, streamlined

duties and increased productivity.

15. Developed system to analyze product line profitability, resulting in

the elimination of poor performers and increased overall profit margins.

16. Instituted a sales commission program for reorganized sales force. New

orders increased by 8% and new customer contacts by 25% in first six

months of program.

17. Worked closely with project managers, reviewing project costs and

variances to budgets.

18. Oversaw acquisition of $20 million product line, performing due

diligence and merging new line into existing operations.

Supervisor, General Accounting March 1988 - June 1989

Arrow Electronics, Melville, NY - Supervision of all general ledger

functions including month-end close, preparation and review of journal

entries, reconciliations for all balance sheet areas, analysis of monthly

income statements and calculation of various financial ratios.

Senior Auditor Sept. 1985 - March 1988

KPMG Peat Marwick, Jericho, NY - Performed duties of in-charge senior

including supervision of up to eight professionals, annual report and 10k

experience with SEC clients, initial and secondary public offerings,

preparation of management letters, purchase price accounting, and pension

plan audits. Industries included government contracting, high technology,

manufacturing, retailing, and automobile rental and leasing.

CERTIFICATIONS

Certified Public Accountant, State of New York (1985)

EDUCATION

M.B.A., Finance, 1993

Hofstra University, Hempstead, NY, GPA: 3.81 - Graduated with academic

honors.

B.S., Accounting, 1985

St. John's University, Jamaica, NY, GPA: 3.88 - Graduated Summa Cum Laude

SEMINARS

Strategic Business Leadership: Creating and Delivering Value

University of Chicago Graduate School of Business, October 2005

Postgraduate Certificate in Management and Business Studies

Warwick University, UK, August 2009

REFERENCES

Available upon request

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