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Customer Service City

Sterling Heights, Michigan, 48313, United States
March 24, 2011

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Larry A. Kosofsky

***** ********* *****

Sterling Heights, MI 48313-3906


Career Summary

An accomplished finance manager with broad-based experience in large to mid-

sized municipal accounting departments, having worked in the Michigan

cities of Dearborn (2 years), Pontiac (7 years), Rochester Hills (12 years)

and Detroit (13 years). Expertise in the public works / public service and

municipal income tax areas, including managing construction project budgets

over $100 million. Municipal experience augmented by 2 years in the Finance

Department at the Detroit Medical Center and achievement of a Bachelor of

Business Administration in Accounting degree.

Major Accomplishments

. Reconciled $340 million in construction and engineering expenditures

for the City of Dearborn Combined Sewer Overflow project (2008-10)

- Requested funding reimbursement through the State of Michigan

Revolving Fund (SRF) Program

- Transferred funding to satisfy debt service obligations

- Analyzed SRF program documents upon assignment to this project and

uncovered $50,000+ in qualified expenses that were never billed to the

state; sought reimbursement for these expenses

. Developed the inaugural multi-year budget for the City of Dearborn

Department of Public Works; DPW budget was $30-35 million annually

. Managed $12-$14.5 million in income tax revenue for the City of

Pontiac, MI, for 7 years; income tax was one-third of city's revenue

- Supervised a team of 11 in the Income Tax Department

- Instituted several lock box programs which reduced processing

activities by 1 full-time equivalent, improved cash flow and tracking,

as well as reduced customer service issues

- Saved over $100,000 annually from 2002 through 2008 by instituting a

program which improved the accuracy of tax return processing

. Pioneered the implementation of full costing in the City of Rochester

Hills; concept led to the highest recognition for budget documentation by

the Government Finance Officers Association in 1997 and 1998

Professional Experience

City of Dearborn, Dearborn, MI, 2008 - 9/2010

Dearborn is the 10th largest city in Michigan, with 35,000+ households and

a population of 99,089+. The city covers 24 square miles.

Accountant III - Finance Department, 2008 - 9/2010

. Managed a $35 million annual budget and all accounting activities

for the Department of Public Works (DPW)

- Collaborated on a regular basis with management personnel in 8

areas (Parks, Highways, Sanitation, Central Garage, Building

Services and Maintenance, Water, Sewer, and Combined Sewer


- Drafted financial work papers and ensured statistical section

compliance with GASB 34 requirements, as part of the city's

Comprehensive Annual Financial Report (CAFR) activities

- Approved requests for budgeted purchases and personnel requisitions

- Investigated and resolved budget variances (e.g., investigated a major

discrepancy in budget vs. actual fuel costs and determined that the IT

system did not automatically adjust for rapidly changing fuel costs)

. Developed annual, and multi-year budgets, in collaboration with

management personnel in the 8 functional areas within the Department

of Public Works; all budgets were approved as submitted

- Attended budget development work sessions with the City Council

- Developed reporting formats to accommodate multi-year budget cycle

- Researched and provided advice to DPW management on cost reduction

strategies and budget implications of major policy changes

City of Pontiac, Pontiac, MI, 2001 - 2008

Income Tax Administrator - Finance Department, 2001 - 2008

. Administered the City Income Tax Ordinance, collecting current and

delinquent income taxes from taxpayers and employers, including the

city's largest employer at the time, General Motors

. Managed a staff of 11, including income tax auditors, compliance

officers, data entry and other clerical employees; responsible for

hiring, training, scheduling, supervision and performance evaluations

. Instituted a program to improve the accuracy of income tax refund

check processing, eliminating the chance of duplicate checks being


. Developed and presented a program for local income tax preparers

focused on improving the quality of income tax returns submitted to

the City

Detroit Medical Center, Detroit, MI, 1999 - 5/01

(Worked for Entech, Troy, MI, 1999 - 5/00; hired by DMC in 5/00)

Senior Reimbursement Analyst - Finance Dept., 1999 - 5/01

. Prepared monthly cash and payments logs for third party insurance

companies for eight major southeastern Michigan hospitals

. Analyzed Blue Cross catastrophic claims payments to recover

outstanding third-party monies due to DMC hospitals

City of Rochester Hills, Rochester Hills, MI, 1986 - 1998

Senior Financial Analyst - Office of the Mayor, 1996 - 1998

. Developed and monitored a $25+ million budget for the Department of

Public Services and the Department of Parks, Forestry and Facilities

Senior Budget Analyst - Dept. of Public Services, 1986 - 1996

City of Detroit, Detroit, MI, 1973 - 1986

Principal Government Analyst / Senior Analyst / Intermediate Analyst, 1976

- 1986

Water and Sewerage Dept. - Rates and Revenue Section

Semi-Senior Accountant / Junior Accountant, 1973 - 1976

Water and Sewerage Dept. - Accounting Division


Bachelor of Business Administration in Accounting, August 1973

Eastern Michigan University, Ypsilanti, MI

Board / City Appointments

. City of Dearborn, Dearborn, MI

- Selection Team for Water and Sewer Rate Consultant, 2009

- Selection Team for Forensic Auditor for Contract Compliance, 2009

- Selection Team for Engineering Advisor for Combined Sewer Overflow

Project, 2009

. President, Michigan City Income Tax Association, 2008

. City of Rochester Hills, Rochester Hills, MI

- City Council Cemetery Committee, 1994 - 1998

- Safety and Risk Management Committee, 1986 - 1996

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