Management Accounting

Paul N. Cappello, CPA, CMA

**** ******** ***** *****, ******** Beach, Virginia 23453

(Residence) 757-***-**** (Mobile) 757-***-****

E-mail: *********@***.***

QUALIFICATIONS SUMMARY

GOAL: Provide exceptional financial and operations expertise within a

progressive organization which expects proficiency in financial analysis,

reporting, and systems and a wide range of experience serving in the

manufacturing, distribution, retail, commercial/residential, and

construction industries.

CORE COMPETENCIES

. Identifying financial and operational deficiencies

. Achieving cost savings and implementing efficiencies

. Proficiency in developing controls and procedures

. Training and mentoring staff

. General ledger and accounting analysis

. HR, Controller, and Accounting management

CAREER HIGHLIGHTS AND ACCOMPLISHMENTS

Cappello Business Advisory Services, Virginia Beach, VA

February 2011-Present Owner

. Provides temporary Controller/CFO and project consulting

services for small business . Conducts

analytical meetings with business owners and CFOs to provides best

practices for decreasing financial inefficiencies and cost-saving

opportunities

. Prepares cash

flow forecasts, reviews compensations structures and other large

expenditures . Negotiates financing arrangements on

behalf of clients and serves as intermediary between the owners and banks

in obtaining funding

The Masa Corporation, Norfolk, VA 2004

to 04/2011

(Privately owned print manufacturer and distributor of packaging and

shipping supplies)

Controller

. Succeeded in continual cost improvements in each successive year with

total general overhead reductions in excess of $612,000.

. Presented monthly financial results and comments on analysis to senior

officers.

. Managed both the Accounting and Human Resources Departments

. Controlled company risk management actions

ARAI Americas, Inc. and Tohatsu International Inc. VA Beach, VA

2003 to 2004

(Subsidiary 50-year old international automotive parts manufacturer and

distributor with over 3000 worldwide employees)

Controller

. Consulted management to increase license fees, elect bonus depreciation

and decrease dividends,

providing a tax savings/deferral in excess of $210,000.

. Managed risk management policies and received refunds and policy

reductions in excess of $70,000.

. Implemented general overhead reductions of over $50,000.

. Provided monthly financial results and analysis to local and parent

company officers.

. Prepare interim and annual flexible business plans for approval by

Board members.

. Trained and evaluate staff performance and ensured individual and

departmental goals are achieved.

Dukes, Stein & Company, Inc., VA Beach, VA

2002 to 2003

(25-year old financial services company with four locations in Virginia)

Contracted Financial Consultant

PAUL N. CAPPELLO, CPA, CMA PAGE 2

. Hired as a full-time consultant to unravel the company's poor financial

reporting, providing the three partnership groups with a clear

understanding of the company's financial position.

. Advised partners of financial shortcomings and recommended cost saving

measures.

Azzure Denim, LLC., VA Beach, VA

2001 to 2002

(A $25 million clothing designer, importer and distributor comprised of

four limited partnerships & 60 employees)

Controller

. Researched vendors and advised President on purchase of a full MIS

system. Successfully

implemented Apparel Data Systems (ADS), a totally integrated management

information system.

. Increased receivable cash flows by $200,000+ in first three months by

identifying accounts over 90

days and inefficient communications processes involving payments,

significantly reducing bad debts.

The Glass Baron, Inc., VA Beach, VA

1998 to 2001

(Privately owned gift manufacturer with $25 million in annual sales with

325 permanent and 600 seasonal employees)

Controller

. Advised Executive VP to merge a related company into one entity,

realizing a tax savings of

$300,000.

. Reduced telecommunications, insurance and other overhead in excess of

$95,000.

. Researched high propane costs which resulted in a reduction of over

50%.

. Supervised accounting and credit functions and provided direction for

up to 11 employees.

. Prepared monthly operating results and related analysis of income

variances; forecasted cash

needs.

. Maintained sound banking relationships to secure a continuing line of

credit in excess of $3.5 million.

. Contributed key segments to annual business plan and maintained risk

management policies and procedures.

Public Accountant Experience:

Witt, Mares & Company, PLC., VA Beach, VA

1997 to 1998

(Regional accounting and business consulting firm with 90 employees serving

Southern Virginia

Salter & Hall, PC., VA Beach, VA 1994 to

1997

(Small regional traditional accounting firm)

Lee, Sperling, Hisamune Accountancy Corporation, Glendale, CA

1984 to 1987/1991 to 1994

(Fifty year old firm with 55 employees providing a broad range of superior

accounting, tax and business consulting services with a focus on

entrepreneurs of closely held businesses)

Comins, Schenkelberg & Weiner, Inc., Sherman Oaks, CA

1987 to 1991

(One of the top 20 CPA firms in the area at the time with a focus on real

estate development)

EDUCATIONAL ACCOMPLISHMENTS

Active CPA licenses in California and Virginia, CMA certificate received in

2008

Bachelor of Science in Accounting, Bentley College, Waltham, MA

COMMUNITY LEADERSHIP

Tidewater Chapter of Virginia Society of CPAs

Board Member and Chair, Vendor Sponsorships

JOB REFERENCES WILL BE PROVIDED UPON REQUEST

. Risk management

. Effective negotiation/contract management

. Procurement and vendor relations

. Budget analysis and planning

. Business plan development

. Thorough reporting and presentation

Contact this candidate