Thomas P. Burke, MBA
***A Heritage Village
Southbury, CT 06488
*******@*********.***
Enthusiastic hands-on Finance Professional with a diverse skill set
including budgeting, forecasting, account analysis, Internal management,
financial consolidations, process improvement, cost reductions, Multi-
currency, local / state / federal compliance reporting, acquisition due
diligence, various system conversions and implementations.
RELEVANT EXPERIENCE
Commercial Funding Services, LLC - Avon, CT 08/08 - Present
Manager - SBA & Commercial Financing
. Financial review of loan documentation
. Preparation of loan packages
. Assisted clients with financial projections
Cannondale Bicycle Corporation, Bethel CT 01/08 - 07/08
Controller
. Managed staff of three and reported to the Chief Financial Officer
. Responsible for the finance operations including financial reporting,
and accounting operations of newly acquired bicycle manufacturing
company.
. Prepared monthly financial reporting package for the four global
subsidiaries and US Operations.
. Responsible for the monthly and quarterly corporate reporting, and
budgetary controls. Managed staff of three accountants.
Tufenkian Artisan Carpets, Inc., New York, NY 03/07 - 01/08
Controller
. Managed staff of three and reported to the Chief Financial Officer
. Responsible for the finance and administration of the operations
including financial reporting, budgeting, cash flow, and accounting
operations.
. Prepared monthly financial reporting package for the six domestic
retail showroom operations and wholesale company, NY.
. Responsible for the monthly bank compliance reporting. Daily cash
management, semi annual external audit responsibilities, and budgetary
controls.
. Managed daily operations of accounts payable, accounts receivable, and
credit management.
Financial Consulting, CT & NY 05/04 - 02/07
Consultant - various assignments
Kendro Laboratory Products, L.P., A division of SPX Corporation, Newtown CT
07/99 - 04/04
Director - Worldwide Reporting, Analysis, & Treasury
. Managed staff of two and reported to the Chief Financial Officer
Responsible for the worldwide reporting of a multi-national laboratory
products manufacturer.
. Multi-dimensional reporting matrix included regional, legal entity and
product line segments. Reporting consisted of fifteen reporting
entities along with intercompany eliminations, realized transfer
profit allocations, purchase accounting entries, and currency
adjustments.
. Managed annual planning with monthly forecasts.
. Responsible for corporate financial reporting and consolidation a
monthly and quarterly basis using Hyperion Enterprise.
. Prepared financial statements and analysis for both internal
management and external SEC reporting purposes.
. Responsible for North America segment reporting. This included Newtown
facility worldwide production sales and margins reporting and
analysis. Spending variance analysis performed comparing to budget and
forecasted for each cost center.
Key Accomplishments:
. Implemented Hyperion Enterprise for corporate financial reporting
including SEC reporting requirements at domestic locations and
converted both current and historical data.
. Developed year-end audit package to expedite annual audited financial
reporting resulting in a two-month reduction in the publication of the
report.
. Streamlined consolidation process from 7 days to 2 days.
. Participated in potential acquisitions due diligence and sale of
company due diligence.
. Member of the Newtown Leader Team, team of top key management
personnel for this site.
Lorad, Division of Trex Medical Corporation, A Thermo Electron Company,
Danbury CT 07/88 - 06/99
Controller
. Global multi-plant manufacturer and distributor of medical X-ray
equipment, breast biopsy systems, and cardiac cath labs.
. Participated in company growth from a $10 million single location
privately held company to a $250 publicly traded company with five
locations worldwide through acquisitions and internal growth. The
Lorad division alone grew to a $125 million location.
. Managed staff of 14 and reported to division President along with
Corporate Vice President of Finance and a member of the senior
management staff.
. Continually promoted to higher-level positions with increased
responsibilities in the firm. (Accountant, Accounting Manager,
Assistant Controller and eventually Controller)
. Responsible for all aspects of Accounting, Administrative, and
Information Technology functions for a high technology manufacturing
company.
. Facilitated monthly, quarterly, and annual consolidation of the
company and it's subsidiaries for financial reporting, budgeting,
forecasting, projections, variance analysis, quarterly corporate
financial reporting packages, and annual corporate tax reporting
package for internal management and corporate SEC reporting
requirements.
. Oversaw monthly closing of one division and corporate group financial
records.
. Assisted in quarterly SEC reporting requirements and preparation of
10Q, 10K, and MD&A.
. Responsible for all aspects of the accounting function that included
Accounts Receivable, Accounts Payable, Order Entry, Payroll, Cost
Accounting, Fixed Asset Management, and Financial Reporting.
. Key contact for internal and external auditors.
. Responsible for the divisional payroll of approximately 300 employees
and corporate telecommunications.
. Enhanced and refined costing methods for valuation of inventory and
products enabling monthly reporting of inventory changes.
. Performed inventory reconciliations, annual physical inventory, and
overhead application.
. Managed Accounts Receivable credit and collections.
. Prepared state sales & use tax returns and property tax returns.
. Key contact for various state sales & use tax audits.
Key Accomplishments:
. Lead Finance person in implementation of integrated MRPII system
(Dataworks / Epicor) with full conversion from prior system.
. Implemented and converted to Great Plains Accounting Software to fully
integrate with MRP system.
. Managed quarterly review of physical inventory of field service trunk
inventory to minimize excess and obsolete parts on hand and maintained
accuracy of this inventory.
. Participated in the development of vendor consignment inventory
program at our location minimizing our on hand inventory value and the
carry cost of such inventory.
. Developed and managed Accounting staff for a rapidly growing business
with changing needs.
. Key resource personnel for the ongoing acquisitions and due diligence
of companies.
. Participated in the S-1 SEC filing for the company's private offering
and initial public offering.
. Converted manual payroll to a fully automated system including
electronic time clocks with swipe badges and computer based payroll
software (ADP).
. Implemented a Fixed Asset Accounting system and converted from manual
system.
. Key personnel in the merger and acquisition of the company when it was
a privately held corporation.
EDUCATION
Western Connecticut State University, Danbury, CT
Masters in Business Administration, Concentration: Management Graduated
5/97
Bachelor's Degree in Business Administration, Major: Accounting Graduated
5/88
SKILLS
Proficient with Hyperion Enterprise 5.0, PowerPoint, Excel (pivot tables,
vlookups), Word, BPICS, BaaN, Dataworks (Epicor), and Great Plains