Edward T. Nitkiewicz, CPA
**** ****** **** ( WHITEHOUSE, OHIO 43571
419-***-**** ( 419-***-**** ( *************@**********.***
Qualifications for Financial Management
Financial specialist with 20 years of experience in interpreting corporate
books, evaluating assets and preparing reports on the condition of the
enterprise. Experienced in inventory standard costing, transitioning new
software upgrades, and implemented credit and collection policies which
improved cash flow. Proven record of improving efficiency and productivity
through evaluation of financial systems and procedures in place.
Area of Expertise
Financial Analysis Cost Accounting ERP Systems - Implementation
Financial Statements Budgeting & Credit Decisions/Collections
Fixed Assets Forecasting Supervision
Excel & PowerPoint Gross Profit Analysis Inventory Control/Analysis
Consolidations P&L Responsibility Bank Reconciliations
Month End Closing
Career History
Contract Controller Thomas & Betts, Barneys Convenience
Marts (Robert Half) 2008 - Present
Responsible for monthly financial statements, closing journal entries,
daily cash projections, Sales & CAT tax. Supervise A/P payroll, cycle
counts, and receiving to ensure proper separation of duties. Contact person
for system conversion to KBM. Responsible for posting of daily plant
activity and all month end closing entries. Month end reporting
requirements were mfg.statement, capital forecasting, CIP tracking and
FinPak. Standard Cost corrections to various part numbers were made after
conversion to ensure accuracy. Variances reduced from 300K to fewer than
10K.
Financial Analyst DANA
2007-2008
Review Financial Statements of Dana plants in US and Mexico for accuracy,
reasonableness. Saved 800K in bad debt write offs prior to emerging from
Bankruptcy. Created and implemented new procedure for collection of short
paid invoices from Chrysler. Review margin reports for North America
Traction division. Approve G/L entries and approve account reconciliations.
Responsible for tracking cost savings in Lean, Vave & Six Sigma. Used
Hyperion and Oracle software.
Plant Accountant/Credit Mgr/ Jones-Hamilton
2002 - 2007
Responsible for inventory valuation, (2M). This included creating and
maintaining accounting rules for all inventory transactions in Mapics.
Maintaining standard cost, yearly rolling of standards, physical counts,
monthly adjustments of HCL terminal costs and monthly close entries. Also
responsible for increasing cash flow by 1.5M, gross profit analysis, tax
returns, account reconciliations, inventory reconcilement of numerous off
site locations. Evaluate potential & current customers for credit
worthiness. Crystal reports and Railmax used daily.
> Promoted to Credit Manager in March 2004 and subsequently increased
cash flow by 1.5M by reducing DSO by 5days.
> Provided monthly inventory, rail car and gross profit analysis to
board members.
> Successfully implemented new inventory system and reduced physical
counts from monthly to quarterly.
Assistant Controller ClappDico
2000 -2001
Brought fixed assets up to date and reconciled accounts receivable and
various bank accounts months behind after merger of Clapp & Haney and Dico
corp. Prepared Payroll and Property tax returns. Provided management with
manufacturing flowchart. Supervised accounting staff.
> Improved efficiency and accuracy of Standard Cost system by correctly
costing all Inventory items.
> Amended personal property tax returns and saved the company more than
60K.
> Reconciled accounts receivable previously out of balance by 65K.
Corporate Accountant Bennett Management
1998 - 2000
Monitored and mentored a staff of seven responsible for the production of
F/S, fixed assets, a/p, bank reconciliation and personal property returns
for 31 restaurants, (Five Entities). Also performed banking duties for Head
office.
Uncovered Kitting scheme by restaurant manager.
> Successfully implemented upgrade to Navision.
> Reduced monthly close by one week.
> Prepared Personal property tax returns for six entities.
Senior Accountant Frozen Specialties
1995 - 1998
Established and maintained standard cost system. Budget presentations.
Provided Product Costing analysis to management for Private Label
customers. Processed customer invoicing, reconciled general ledger accounts
including PPV. Presented monthly financial reports to board members,
> Designed and developed graphs for the month end reporting package.
> Provided management with monthly variances.
> Led consolidation of Matlaw Food products into Frozen Specialties.
Division Controller
Laidlaw Waste Systems 1991 - 1995
Responsible for Financial Statements. Prepared monthly operating report
covering results of facility. Supervised Scale house. Responsible for
budgets, weekly and quarterly projections to Corporate. Managed and
evaluated support staff.
> Considerably increased reliability and accuracy of accounting
information.
> Facilitated month-end closing process by taking over A/P processing
and posting all closing entries
> Reduced payroll by taking on additional duties.
Additional Information:
CPA License is current thru December 2011.
Prepared Income taxes returns out of my home for more than 15 years.
USSSA umpire for 18 years.
EDUCATION
Bachelor of Science, Business Services /Accounting University of Toledo
Associate Degree Applied Business, Owens Community
College