Manager Real Estate

James T. Ruas 203-***-**** Home

** ********** ****** 203-***-**** Cell

Stratford, Connecticut 06615 ******@***.***

SUMMARY: A versatile financial business partner who meets objectives, initiates improvements, and

takes on additional responsibilities.

Areas of expertise: *Financial Reporting *Budgets *Cash Management *Project Management

*Operations *Lean Systems *HR *IT *MAS 200 *Cost Accounting *Parts and Service

Industry Segments: *Manufacturing *Distribution *Construction *Real Estate Development

EMPLOYMENT HISTORY:

March 2008 to Macton Corporation - Oxford, CT (Manufacturer of Large Moving Structures)

January 2013 Chief Financial Officer/Treasurer

• Develop budgets, forecasts, and strategic plans.

• Prepare and analyze financial statements using Percentage of Completion and Completed Contract

methods. Direct general ledger and job cost activities. Liaison with external auditors and tax

advisors. Conduct physical inventory. Prepare property tax returns.

• Direct cash management activities. Maintain financial covenants and borrowing base certificates.

• Administer HR function: employee manual, benefit plans, hiring, corrective action, OSHA

compliance, and salary plans. Develop recruiter relationships. 401(k) trustee.

• Implemented MAS 200 ERP. Administer network & website using outside provider. Acquire

servers, hardware, and software. Integrate MAS 200 and Solid Works (3D modeling).

• Oversee Lean and ISO programs.

• Administer all insurance plans: medical, dental, commercial, and worker’s compensation.

• Manage Service and Parts function. Developed marketing plans, pricing policy, and initiated national

partnerships to improve response time and profitability. Improved sales and profitability 300%.

April 2005 to HMP Industries - Ansonia, CT (Contract Manufacturer/Importer/Distributor)

March 2008 Vice President Finance and Operations (Business Sold)

• Prepare and analyze financial statements. Direct general ledger and job cost activities. Liaison with

external auditors and tax advisors. Conduct physical inventory. Prepare property tax returns.

• Manage cash, credit, letters of credit, and short term investments. Establish internal control policies.

• Oversee precision manufacturing, assembly, and customer fulfillment operation. Improved on time

delivery and product costs. Developed KPI’s to manage the business.

• Import containers from China for distribution business.

• Administer HR function. Maintain employee manual, benefits, and insurance plans. Oversee

corrective actions, terminations, recruiting, and reorganization.

June 2004 to Diba Industries - Danbury, CT (Medical device/tubing manufacturer)

April 2005 Vice President Finance / Corporate Secretary (Business Sold)

• Develop budgets, forecasts, and reporting package for UK parent. Prepare board presentations.

• Prepare and analyze financial statements. Oversee general ledger, job cost, and consolidations.

• Conduct physical inventory. Prepare property tax returns.

• Oversee Human Resource and IT functions.

James T. Ruas -- RESUME -- Page Two

September 1987 Longwood Industries (Parent Company- Business Sold to Competitor)

To November 2003

Fairprene, Inc. - Fairfield, CT (Rubber Coating/Extrusion, Non-wovens)

VP Finance & Administration, Site Manager, Corporate Secretary

Bridgeport Foreign Trade Zone Development Corp. (FTZ Operator)

Chief Financial Officer / Director

Remgrit Corporation (Hand tool and Contract manufacturing)

Vice President Finance & Administration

• Prepare and analyze financial statements. Direct general ledger activities. Prepare property tax

returns. Develop internal control policies and procedures. Liaison with external auditors.

• Oversee cost accounting. Prepare standards. Analyze variances and recommend corrective action.

Conduct physical inventory. Prepare product line P & L’s. Establish obsolescence policy.

• P & L responsibility for $20MM manufacturing site.

• Reduced inventories 60% while improving on time performance.

• Used freed cash and space to acquire, install, and operate a large Goodyear Rubber extrusion line.

• Negotiated $3MM property sale to the Town of Fairfield. Contributed 3 years of typical cash flow.

• Negotiated and administered UAW union contract. Oversee HR function: employee manual, benefits,

recruiting, and insurances.

• Conducted due diligence for divestitures and acquisitions.

• Instituted Lean programs: value stream mapping, kaizens, TPM’s.

• Senior manager for key customers. Interface on new business opportunities, product development,

quality and delivery issues, and pricing. Conduct regular customer visits.

• Develop budgets, forecasts, and strategic plans.

• Direct IT department. Implemented 4th Shift ERP. Administered network.

• Formed joint venture start-up to create Bridgeport Foreign Trade Zone. Secured investor and bank

financing. Negotiated long term contract with City of Bridgeport and Department of Commerce.

Increased lease up of industrial loft space by 400%

• Oversee 1 million square foot industrial park. Manage leasing, fit-up, site maintenance, armed

security, and ammunition warehouse.

January 1986 to Seaview Development - Milford, CT (Real Estate Developer)

September 1987 Chief Financial Officer (Business Closed)

• Direct all financial, accounting, purchasing, and IT activities. Oversee construction draws. Manage

multiple projects using CMAS ERP system via percentage of accounting. Develop and monitor

project budgets. Manage construction project subcontractors.

EDUCATIONAL HISTORY:

Fairfield University - Fairfield, Connecticut

Post MBA Certificate - Advanced Financial Studies. 3.5 QPA

Sacred Heart University - Fairfield, Connecticut

Masters of Business Administration. 3.58 QPR

Bachelor of Science, Accounting major. Top 2% of class.

Contact this candidate