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Manager Accounting

Stoneham, MA
August 17, 2012

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Robert A. Covelle

* ********** **** ? Stoneham, MA 02180 ? (H) 781-***-**** ? (C) 781-844-


Key Skills:

General Accounting

Accounts Receivable, Accounts Payable, Payroll

Financial Statements

Budgets and Budget Revisions / GAAP & SOX

Analysis of Income /Expenses

Reconciliation of all Balance Sheet Accounts

Fixed Assets / Depreciation

Managed staff of fifty


Medford Housing Authority - Medford, Massachusetts

Executive Director / Finance & Accounting

2009 - June 2012

Directed a team of fifty in all aspects of this large public housing

authority; with emphasis in accounting & finance.

. Managed, reviewed and reconciled the annual budget of twenty million


. Recommended budget revisions, when variances became too high.

. Reviewed financial statements, variance analysis and all GAAP journal


. Interacted with Fee Accountants, state Auditors and Independent CPA


. Increased physical inspection scores from the mid 70's upon arrival to

the mid 90's.

. Led the effort in getting Medford Housing Authority to High Performer

status three years in a row, which guarantees additional funding from


. Significantly reduced rental turnaround time and vacancies from twenty-

five per month to four, which generates additional rental income.

. Federalized two properties (over two hundred units ) resulting in more

Federal funding.

. Saved approximately $50,000 per year by installing solar panels on

roof of high rise property, providing 90% of domestic hot water, and

conserving natural resources.

. Ensured and certified Sarbanes-Oxley compliance.

. Leased up an additional eighty Section 8 vouchers, bringing in close

to $90K per year in additional revenue.

Somerville Housing Authority - Somerville, Massachusetts

Director of Finance

1997 - 2009

Managed staff of five in complete ownership of all finance and accounting

functions for this large public housing agency.

. Developed annual budgets and led budget reviews for fourteen

developments and presented to senior management and Board of


. Prepared monthly budget to actual variance analysis and led effort in

development of comparative financial statements, and prepared

consolidated financial statements.

. Supervised team of five in all facets of accounts receivable, accounts

payable, payroll and general ledger.

. Led reconciliation of all Federal Grants and State Modernization


. Worked closely with the Executive Director, to discuss the financial

picture of the authority, in order to strategize

and maximize revenues while reducing expenses.

. Controlled and reconciled budget of forty million dollars.

. Prepared all month end and year end GAAP adjusting entries. Ensured

and certified SOX compliance.

. Supervised the year end audit and interacted with auditing staff.

. Recorded all Fixed Asset purchases and Depreciation; reconciled

Accumulated Depreciation.

Robert A. Covelle - Pg. 2

Clover Group, Inc - Chelsea, Massachusetts


1992 - 1997

Directed accounting team of four, in complete ownership of all accounting

functions for this $20M produce distributor.

. Developed new chart of accounts leading a more efficient and

streamlined general ledger and financial statements.

. Directed the conversion of computer system leading to more efficiency

and less down time.

. Led annual budgeting process and monthly budget to actual variance

analysis reviews with executive team.

. Managed the year end closing process and supervised the annual audit


Other positions of increasing complexity and responsibility


. Goulston & Storrs, P.C. - Boston, Massachusetts - Accounting Manager

Managed the accounting for a prominent law firm, supervised the

general ledger, payroll, and AP.

Reviewed and analyzed monthly financial statements.

. Power Products Inc - Wakefield, Massachusetts - Assistant Controller

Supervised all facets of AR, AP, payroll and general ledger. Prepared

monthly financial statements, and monitored and tracked employee

benefit program.

. National Medical Care (DSD Division) - Boston, Massachusetts -

Accounting Manager

Managed all accounting for twenty facilities including the payroll for

seven hundred employees. Assisted Controller with budgets and

forecasts. Prepared and analyzed monthly financial statements.

. Anthony Gange, CPA - Woburn, MA - Ron Quigley, CPA - Medford, MA

Worked part-time during the tax season for these two CPA firms

preparing personal, partnership and corporate

tax returns. Prepared trial balances and general ledgers.

Reconciled all balance sheet accounts and analyzed all

income and expense accounts.

EDUCATION: Bentley University - Bachelor of Science -


SOFTWARE: HAB Software - Management Computer

Software - Peachtree

Quickbooks -

Quicken - ProSeries by Intuit - Microsoft Word,

Microsoft Excel & Outlook - Produce

Software - Legal Software

Medical Software - Turbo

Tax -

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