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Accounts Payable Accounting

Lutz, Florida, 33549, United States
March 24, 2011

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William T. McGann, CPA

***** ****** ******** *****, **** FL 33549 ? H: 813-***-**** ? M: 813-454-

**** ?

chief Financial officer/Vice President Finance/Corporate controller


Expert in: International Accounting Operations ~ SEC Reporting ~ M&A

Versatile, high-energy executive who leads companies through change and

challenge to profitable growth guiding organic and inorganic initiatives.

Strategic problem solver who envisions smart solutions and executes with

urgency across all levels of the organization. Hands-on leader with

extensive experience who is able to keep teams focused and productive.

Outstanding strategist that is able to identify and implement effective

internal controls. Extensive knowledge of international operations. Skilled

in facilitating partnerships, alliances and other business relationships.

Keen ability to forecast industry trends and capitalize on opportunities.


SEC Reporting: 10-Q/10-K ~ Productivity & Performance Improvement ~

Forecasting & Budgeting ~ Leadership

Strategic Planning ~ International Accounting ~ Acquisition Integration ~

M&A ~ Financial Reporting & Analysis

Tax ~ Cash & Treasury Functions ~ Financial & Accounting Operations ~ Risk

and Internal Control Assessment

Due Diligence ~ Auditing, Compliance & SOX ~ Multi-Cultural Expertise ~

Policies & Procedures


AVI-SPL, Inc., Tampa, Florida

2008 - Present

$500M leader and innovator in the audio visual industry

Corporate Controller

Member of the senior management team leading efforts towards achieving

company objectives and strategic goals. Oversight of all activities related

to accounting and finance, payroll, billing, collections, job cost and

accounts payable departments. Select, train and direct accounting staff.

Ensure timely and accurate financial statement preparation including year-

end audits ensuring compliance with bank reporting covenants and deadlines.

Evaluated and assisted in international expansion planning. Manage company

cash flow in a highly leveraged environment. Interact with company's bank

group and private equity owners.

Key Achievements

. Directed efforts to centralize accounts payable, collections and

billing functions at company headquarters.

. Reorganized, restructured and centralized accounting department to

increase depth of expertise and professionalism.

. Reduced monthly close and internal financial statement production from

40 days to 21 days.

. Introduced a team approach by involving operations in the development

of a monthly closing calendar to provide organizational visibility on

the key steps necessary for the monthly close process.

. Implemented IT reports to correct for flaws in the design of the

accounting and job cost systems.

. Improved operational efficiency by revising purchase order system

related to sub-contractor invoices.

. Developed, with input from purchasing, a vendor coding priority system

to assist accounts payable in scheduling vendor payments.

Private Equity Group, Budapest, Hungary 2007 -


Financial Consultant

Contracted to assist private equity group with due diligence efforts

concerning a regional alternative telecommunications provider in Central

Europe. Advised private equity group on certain operational matters of the

target and how best to structure deal in light of those matters. Returned

to U.S. following completion of project.

William T. McGann, CPA


Hungarian Telephone & Cable Corp. ("HTCC"), Budapest, Hungary

1998 - 2006

$200M holding company for subsidiaries providing local and long-distance

telephone service and internet access to businesses and


Chief Financial Officer (2000-2006)

Recognized for significant achievement and promoted to CFO to direct the

finance department of the HTCC Group, which included accounting, internal

and external reporting, budgeting and controlling, taxation, collections,

treasury and investor relations. Successfully constructed a top-notch

finance team, consisting primarily of Hungarian locals, to meet the needs

of the Company. Responsible for Company's financial filings to the United

States Securities and Exchange Commission ("U.S. SEC"), including Forms 10-

Q and 10-K. Unwaveringly committed to proper corporate governance, ethical

conduct and behavior and organizational development.

Key Achievements

. Led HTCC's purchase of Pantel Kft., Hungary's leading alternative

telecommunications provider.

. Successfully closed a EUR 170 million syndicated senior credit

facility as part of the Pantel Kft. acquisition.

. Integral in the closing of a EUR 130M syndicated senior credit

facility as part of Company's restructuring.

. Oversaw implementation of a balanced scorecard measurement system

across the HTCC Group, which included a detailed monthly management

reporting package.

. Served as project sponsor of Company's Sarbanes-Oxley 404 project.

. Negotiated collective bargaining agreements with Hungarian trade


Controller and Treasurer (1998-1999)

Initially selected to oversee all activities related to monthly, quarterly

and yearly consolidated financial reporting for both internal and external

users. Prepared 10-Q's and 10-K's for submittal to the U.S. SEC. Trained

and supervised local staff in monthly close procedures and processes.

Key Achievements

. Implemented monthly close procedures to ensure accurate and timely

closing of general ledger.

. Developed group accounting policies and communicated them to local

staff through training sessions.

. Assisted in the preparation of the information memorandum used in the

Company's EUR 130 million syndicated senior credit facility.

KPMG, Baltimore, MD & Budapest, Hungary

1993 - 1998

Second Year Supervising Senior/Assistant Manager (1996 - 1998)

Senior Accountant (1993 - 1996)

Promoted and relocated to manage audits of Hungarian entities with U.S.

reporting requirements, including preparation and review of financial

statements and U.S. SEC filings. Industry experience included

pharmaceutical manufacturing, telecommunications, broadcasting and

franchise restaurants. Worked directly with audit partners on U.S. GAAP

audit engagements. Trained local and regional KPMG staff in U.S. GAAP and

auditing procedures.


Bachelor of Science Degree in Accounting, Babson College, Babson Park, MA

Licensed Certified Public Accountant, Maryland

Member, Maryland Association of Certified Public Accountants

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