Accounting Manager

Richard Marchesani, CPA

Atlanta Metro Area, ab8z1j@r.postjobfree.com

Cell: 678-***-**** Home:770-***-****

CORPORATE CONTROLLER / DIRECTOR OF FINANCE

Accomplished accounting professional with a strong history of driving strategies and initiatives that generate significant

gains in financial performance or operational efficiencies, developed from senior financial management positions in a

variety of publically traded and privately owned domestic and international manufacturing and distribution companies.

Big 4 detail-oriented public accountant with a solid record of managing success driven accounting professionals in the

areas of inventory management and cost accounting, internal controls, cash flow generation and SEC reporting. Known

as a tenacious team player with strong technical and analytical skills.

EXPERTISE

External SEC Reporting Budgeting and Forecasting

SOX Compliance Cash Flow Analysis and Management

International Business Inventory Cost Accounting

Corporate Consolidation Internal Controls Compliance

Acquisitions and Valuation Revenue Recognition

PROFESSIONAL EXPERIENCE

MARCHESANI CONSULTING 1/2012- Present

President

• Roberts Properties, Inc, prepared annual U.S GAAP financial statements, SEC Filings, and earnings press

releases.

• LaBounty & Associates, auditing non-profit entities, such as Traveler’s Aid and Cobb Housing Authority.

• Crown Dynamics, Inc, prepared quarterly financial statements, SEC Filings, and earnings press releases.

• Consulate Management Group, developed process improvements for treasury area.

• Randstad Corporation, clean-up of unapplied accounts receivable receipts.

ELANDERS USA

Commercial printer with $15 million in annual revenue 2/2009 –12/2011

Director of Finance

• Increased performance to breakeven in 2009 and to a $400K profit in 2010.

• Negotiated a series of new paper supplier agreements which resulted in a $300K annual reduction of paper costs.

• Reduced operating expenses by $475K in 2010.

• Earned the title of Treasurer to the Board of Directors early in 2010.

• Successfully lowered headcount by 10% and operating expenses by 15% in 2009.

• Negotiated a new debt agreement to provide significant funding for future growth.

• Directed month-end close, financial analysis and preparation financial statements in compliance with GAAP and

IFRS.

SCHWEITZER-MAUDUIT INTERNATONAL, INC 6/2006 –1/2009

Lightweight paper manufacturer with $800 million in annual revenue SWM on NYSE

Corporate Reporting Manager

• Responsible for all budgeting and forecasting, SEC quarterly, annual filings and SOX compliance testing.

• Achieved a reduction in external audit fees by a combined $75K as the result of accurate interpretation of applicable

accounting guidance.

• Accountable for all technical accounting research, including implementation of most current FASB, SEC and IFRS

guidance.

• Significant international business exposure from operating units in France, Brazil, China, Indonesia, and Philippines

into U.S GAAP financial statements

Richard Marchesani, CPA Page 2 of 3

PROPEX FABRICS, INC 5/2004 – 6/2006

Carpet backing manufacturer with $900 million in annual revenue

Manager of External Reporting

• Composed SEC Form S-4, a complex and extensive filing which led to a successful initial $260 million public sale of

bonds.

• Authored all SEC filings and supporting documentation cover-to-cover on a timely basis with no material changes as

a result of external auditor review.

• Instrumental in the negotiation for the acquisition of SI Corporation ($250 million in annual revenue) and formulated

all purchase accounting entries.

• Researched all technical accounting issues including implementation of most current FASB guidance.

• Appointed as member of the SOX steering committee, based on consistently above average employee performance

reviews, and developed compliance documentation for section 404.

SOUTHERN ELECTRONIC DISTRIBUTORS, INC 1/2002 – 4/2004

SECX on Nasdaq – $1 billion global computer hardware distributor

Corporate Controller

• Successfully coordinated all accounting, internal control and financial reporting activities for SED and subsidiaries.

• Composed and filed all SEC reporting and financial statements, with no material audit adjustments

• Presented financial information quarterly to the Board of Directors.

• Directed a team of 16 ranging from accounting to inventory control.

• Compiled consolidations of domestic and international subsidiaries.

• Managed the treasury function and executed cash transactions between subsidiaries.

• Influential in obtaining outside bank financing.

E.ON NORTH AMERICA CORPORATION 6/2000 – 8/2001

Subsidiary of E.on AG - energy supplier with annual revenue of $1B

Corporate Controller

• Responsible for all accounting, internal control and financial reporting activities

• Successfully implemented new internal control procedures for General Ledger, Payroll, Accounts Payable, and

Accounts Receivable.

• Approved all SEC filings for MEMC Electronics Ltd., one of the company’s subsidiaries. All SEC documents filed

on a timely basis without significant SEC comment letters.

• Implemented a system designed to take advantage of early payment discounts, saving over $200K annually.

• Designed and implemented a system to track inventory returns, eliminating the possibility of paying for returned

items which resulted in a savings of $250K annually.

BONDO CORPORATION 5/1998 – 6/2000

Subsidiary of RPM, Inc. - a Fortune 500 manufacturing company

Corporate Controller

• Promoted to Controller after 3 months, in August 1998.

• Tasked with the responsibility for all accounting, internal control and financial reporting for Bondo Corporation,

manufacturer of automotive products generating approximately $60 million per year in revenue.

• Managed accounting department of 14 accountants in manufacturing facilities in Atlanta and Cincinnati.

• Effectively organized and performed due diligence activities of acquisitions, which resulted in a $200K saving in

outside auditor fees.

• Designed all production, inventory and cost accounting modules for computer system conversion to SCT Adage using

an activity-based costing methodology, which led to more accurate standard costs of all products manufactured.

• Formulated a variance reporting system effectively measuring material, labor and overhead costs of production,

saving $100Kper year due to improved cost control.

• Established a slow-moving inventory monitoring system, which was instrumental in reducing gross inventory from

$13M to $9M

Richard Marchesani, CPA Page 3 of 3

DATAPRODUCTS CORPORATION 9/1993 – 5/1998

Hitachi subsidiary - inkjet printer cartridge manufacturer

Plant Controller

• Results-oriented business partner to Production Manager for profitable operation of $25 million factory until

production was transferred to another plant in California in May 1998.

• Tasked with management of 17 employees covering the areas of financial statement preparation, cost accounting,

accounts payable, accounts receivable, payroll, and $9 million in inventory Managed and monitored $9 million in

inventory.

• Effectively managed the change in production of cost-sensitive ribbon products to Canon ink jet cartridges.

KPMG 1/1986 – 4/1989

Big 4 public accounting firm

Senior Auditor

• Promoted to Senior Auditor after auditing major insurance company and retail clients in Georgia and Alabama.

EDUCATION AND CERTIFICATION

• Masters of Accountancy, University of Georgia with honors.

• Bachelors of Business Administration, Accounting Major, University of Georgia with honors.

• Specialization in advanced financial accounting and computerized accounting systems.

• Received an assistantship to teach accounting courses for non-business majors, which fully covered cost of

masters program.

• Certified Public Accountant, State of Georgia

COMPUTER SOFTWARE & ERP SYSTEMS

• ERP Systems: Oracle, Lawson, Great Plains, Peoplesoft, JD Edwards, Printstream, SCT Adage and Quickbooks

• Financial Reporting Software: Hyperion and Cognos

• Microsoft Office: Intermediate/Advance level

COMMUNITY SERVICE AND HOBBIES

• Coach for Hopewell Little League Baseball

• Volunteer for Northwestern Middle School Girls Track Team

• Restorer of vintage watches and fountain pens

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