William S. D'Addato
** ********* *****, ********, *** Jersey 07866
Office/Facsimile 973-***-**** * Mobile: 973-***-**** *
********@*******.***
CONTROLLER
Experienced in:
Financial Analysis/Reporting - Treasury/FX/Cash Management - Budgeting -
Forecasting
Cost/Expense Reductions - GAAP - IFRS - SOX - Forensic Accounting - Audits
- Team Building
Credit & Collections - M&A - Change Management - Risk Management - System
Implementation
Human Resources - Employee Benefits/Insurances - Payroll - Labor Relations
- Contract Negotiations
Experienced and capable Finance executive with the distinction and
reputation of successfully analyzing critical requirements, taking
businesses to their next success levels. A self-starting, goal-achieving
professional creating bottom line results, maximizing opportunities, and
developing cost-effective solutions.
Representative Accomplishments
> 25+ year professional career analyzed and prepared
monthly/quarterly/annual financial, operational and managerial reports
for U.S. based operations of German, English and Japanese owned
corporations.
> Developed and instituted a formal budget and reporting process using
linked Excel spreadsheets, pivot tables, and vlookups reducing man
hours expended on the processes by over 50%.
> Programmed and developed financial and analytical Excel spreadsheets
reducing the monthly closing process from 14 to 10 days.
> Developed and implemented a new inventory tracking system resulting in
a first month 28% decrease in raw material inventory levels.
> Managed accounts payable/receivable, customer service, payroll,
general/cost accounting departments consisting of over twenty staff
members.
> Coordinated, valued and negotiated several major acquisitions, mergers,
and divestitures and ensured their smooth transition into/out of
existing general and cost accounting systems.
> Reduced expenses; natural gas (15.3%), electric (12.6%),
telephone/internet/cellular (11.2%), freight (11.9%), and office
supplies (10.6%) expenditures.
> Trained management in computer basics: Windows, Excel, Word,
PowerPoint, Outlook and other various software applications resulting
in a more functional and computer-literate staff.
> Direct supervision, eight internal auditors of the worldwide
subsidiaries of Baker industries.
> Conducted sexual harassment training, internal and diversity
investigations in addition to the implementation of a workplace
violence prevention program.
> Negotiated medical and commercial insurance packages with carriers and
underwriters. During times of significant premium increases, minimize
the financial impact with acceptable changes to deductibles, co-pays,
prescription drug card details and maximum out-of-pocket expenses.
> Successfully collaborated with general counsels in the negotiation of
Union collective bargaining unit contracts, limited opener clauses,
union grievances and arbitrations.
> Coordinated both union and non-union employees in the development of a
new Employee Handbook, reducing the legal costs for the preparation by
$45,000.
William S. D'Addato - Controller (page 2)
Professional Experience
Hishi Plastics U.S.A., Inc., Lincoln Park, New JERSEY (August 1997-July
2010)
(Mitsubishi Plastics Inc., Tokyo, Japan)
Controller/Human Resource Director
> Direct responsibility: Financial management/reporting, general/cost
accounting, Human Resources, auditing/GAAP compliance, operating and
working capital, strategic business planning.
> Preparation/analysis of financial statements, cash flow management,
budget development, forecasts, operational productivity, and product
costing using MS Office, Crystal Reports and Exact (Macola) software.
> Corporate Human Resource professional (interviews, job specifications,
hiring, separations, insurance, COBRA, FSA and 401K administration) and
payroll (ADP and Paychex administrator).
> Implemented Workplace Violence Prevention program.
> Conducted Sexual Harassment, Internal and Diversity investigations.
> Company Union, banking, insurance, audit and legal counsel liaison.
> Negotiated medical and commercial insurance packages with carriers and
underwriters.
> Negotiated Collective Bargaining Unit contracts, Union grievances and
arbitrations.
> Reduced expenditures: natural gas, electric, freight,
telephone/cellular/internet services.
> Established innovative inventory tracking to significantly reduce raw
material inventory costs.
American Safety Technologies, Inc., Roseland, New JERSEY (1993 - 1997)
Assistant Controller
> Direct responsibility: Financial reporting, general/cost accounting,
and systems administrator.
> Managed accounts payable/receivable, payroll and customer service
departments.
> Coordinated two major corporate acquisitions/mergers to ensure their
smooth transition.
> Converted IBM System 36 to HP UNIX and Novell network to utilize
Cimpro software.
The Estee CORPORATION, PARSIPPANY, New JERSEY (1988 - 1993)
Corporate Accounting Manager
> Direct responsibility: Financial reporting/planning, general/cost
accounting, cash management, budgets, asset control,
payable/receivable, customer service and credit & collections
departments.
> Directed daily cash management and foreign currency futures to
extinguish long term debt.
> Coordinated/negotiated acquisitions, mergers, divestitures and business
valuations.
National Guardian Security Services, Parsippany, New Jersey (1987 - 1988)
Regional Accounting Manager
> Prepared and analyzed monthly financial/operational reports.
> Developed and implemented an automated payroll/billing system, flexible
budget modeling, and cash flow forecasts to maximize individual guard
site profitability.
Baker Industries, Parsippany, New JERSEY (1985 - 1987)
Senior Accountant
> Prepared monthly/quarterly/annual closings and operational reports for
22 branch locations.
> Supervised 8 Auditors in the completion of financial/operational audits
of subsidiaries worldwide.
Nisivoccia & Gilbert, CPA's, Randolph, New JERSEY (1983 - 1985)
Staff Auditor
> Public Auditor of local municipalities, counties, schools, not-for-
profit organization
Education
> BS Accounting -Wilkes University, Wilkes-Barre, PA - 1983