Robert A. Jack, CPA
Wexford, Pennsylvania 15090
Mobile: 724-***-**** e-mail:
abhxgy@r.postjobfree.com Residence: 724-***-****
. Senior Financial Executive with extensive experience in technology,
manufacturing, oil and gas exploration, public utility and public
accounting organizations. Recognized for leadership and initiative in
identifying cost savings opportunities and reducing tax liabilities.
Reputation for being approachable, decisive and developing others.
Enjoy staying up to date and learning. Task-oriented professional,
able to handle multiple issues and appropriately prioritize
responsibilities. Proven technical expertise also includes:
International operations Cash management,
debt placement and restructuring
Process improvement Due diligence leadership
Complex business, accounting and tax issues Strategic planning
and budgeting
Summary of Professional Experience
Corporate Controller (a corporate officer)
12/05 to 11/10
Vocollect, Inc. is a privately held high-tech manufacturer of voice-
directed work software and devices with sales over $100 million.
Responsible for cash management, monitoring line of credit activity, debt
covenant compliance, income tax compliance, credit and collections and
business insurance. Also responsible for a departmental budget totaling
$1.8 million and direct supervision of internationally-based accounting
personnel.
. Assisted in developing the promotional package and due diligence
reviews that secured a $15 million private equity investment.
. Enhanced income tax filing process resulting in improved accuracy
(e.g., the correction of an error in inventory cost capitalization
saved the Company $300,000) and cash flows (e.g., significantly reduced
the amount of estimated tax overpayments).
. Took the lead in establishing several international subsidiaries to
maximize legal protection and minimize administrative requirements and
tax liabilities.
. Supervised the Credit Department in establishing credit limits and
terms resulting in an average DSO of 55 days (with 45% foreign sales)
and nearly zero bad debts.
. Frequent advisor and consultant with senior management on financial
analysis, modeling, determining strategy and appropriate metrics.
. Management results include: monthly closing time was reduced from 10
days to 5; all significant accounts were reconciled either monthly or
quarterly; cash was reconciled daily; improved identification and
control of exposure items; and the accounts payable process was
streamlined through the use of process mapping.
. Successfully resolved in a cross-functional effort numerous ERP post-
implementation process issues.
Corporate Controller
3/99 to 12/05
PTC Alliance Corp. (fka Pittsburgh Tube Company) is a privately held
international manufacturer of welded and cold drawn mechanical steel
tubing, fabricated tubular parts and precision components with annual sales
of approximately $400 million. Managed the Corporate Accounting Department
and oversaw accounting and finance activities across the Company, including
those at the Company's foreign subsidiaries.
. Significant contributor in the Company's acquisition of a large
competitor. Shared responsibility for integrating the accounting and
financial reporting systems of acquired and existing operations.
. Collaborated with the CFO and President to develop corporate budgets,
forecasts and strategy.
. Active participant in several extensive due diligence inquiries and in
the Company's efforts to sell debt in the private placement market.
Robert A. Jack, CPA
. Extensive participation in several debt restructurings, including
financial modeling and negotiation of covenant restrictions and terms.
. Responsible for the administration, funding, regulatory compliance,
financial reporting and relationships with outside professionals for
the Company's Employee Stock Ownership and defined benefit pension
plans.
. Marketed coverage and commission arrangements for the Company's self-
insured risk-management programs saving $500,000.
. Managed the Corporate Human Resources function which included the
selection, monitoring and control of the Company's benefit programs.
Assistant Vice President, Finance & Rates (a corporate officer)
9/93 to 3/99
T. W. Phillips Gas and Oil Co. is a privately held natural gas public
utility, with approximately 58,000 customers and sales of $100 million.
Responsible for managing the Accounting and Human Resources Departments and
preparation of the Company's federal and state income tax returns. As a
Trustee of a defined benefit plan and a 401-(k) plan, was responsible for
plan administration, asset investment, financial statement preparation and
filing of Form 5500.
. Identified changes in the Company's accounting policies that resulted
in an annual reduction of expenses of over $750,000.
. Frequently presented reports on financial and regulatory matters at
Board of Directors' and shareholders' meetings.
. Initiated and maintained banking relationships for daily banking needs
and lines of credit. Responsible for daily line of credit borrowings
and short-term investments.
. Originated and managed a fixed rate short-term borrowing program that
saved the Company over $300,000.
. Requested and evaluated bids, negotiated terms and drafted settlement
documents for 3 long-term notes totaling $45,000,000 that were issued
in the private placement market.
. Member of a team that was responsible for negotiating, arranging and
controlling the Company's self-insured employee medical benefits plan.
Effective review of reported claims and establishment of favorable
funding arrangements resulted in savings of over $100,000.
. Prepared documentation, rate calculations and tariff updates for
numerous tariff rate filings made with the Pennsylvania Public Utility
Commission.
. Experience as an expert witness - drafted testimony, answered hundreds
of written interrogatories and testified in four hearings on the
Company's gas cost rates before an administrative law judge.
. One of two primary participants in the planning, case preparation,
hearings and settlement negotiations in a very successful rate case
that resulted in a 10% increase in the Company's gross margin.
Senior Audit Manager
Prior to 9/93
Arthur Andersen LLP - Staff accountant through audit manager with
the Pittsburgh office of this multinational public accounting firm.
. Lead audit manager for both public and private oil and gas exploration
and production clients.
. Technical background and competence gained over several years from
audits of clients in a variety of industries; including manufacturing,
construction, health care, higher education, government and oil and
gas.
. Knowledge of SEC compliance matters and the financial reporting
aspects of registration statements and related public reporting.
. Selected to participate in the Peer Reviews of two Arthur Andersen
office audit practices.
. Responsible for estimating and negotiating fees with clients, as well
as, billing and collection.
. Managed approximately 9800 hours of fieldwork and over $1,000,000 of
gross fees annually.
EDUCATION
The Pennsylvania State University--Bachelor of Science in Accounting
(with High Honors). Current CPA license.