PENNE T. STEIDL, CPA

**** ***** *** *****

Lakewood, CO 80232

303-***-****

ablvkl@r.postjobfree.com

CHIEF FINANCIAL OFFICER / VICE-PRESIDENT OF FINANCE / CONTROLLER

High-caliber accounting executive with diversified experience in financial

reporting, financial analysis, proposal and contract pricing, financial

systems and process development, budgeting and forecasting, staff

supervision and training, federal and state taxes (income, property,

payroll, sales and use) and cash management. Excellent multi-tasking and

organizational skills. Extensive PC based computer experience.

PROFESSIONAL EXPERIENCE

NUCFIL, LLC - Golden, CO (1999 to 2009)

Consultant (1999) and Chief Financial Officer (2000 to 2009) - Privately

held manufacturing company with revenue growth from $3.1 million in 1999 to

$11.8 million in 2004.

Worked with new President, promoted in January 2009, to familiarize him

with financial status of the Company and help to insure that his

transition from Marketing to the Presidency was efficient and effective.

Developed monthly financial reporting package including balance sheet,

income statement, cash flow statement, analysis of financial data and

information requested by Owner(s).

Supervised Cost Accountant in development of weekly reporting package for

Managers. Package includes: inventory levels, backlog status, sales

revenues by product line, labor utilization, and work order status.

Converted accounting system from Peachtree to MAS90. Developed and

trained staff of four in the use of the new accounting system and

developed procedures to facilitate use of modules not previously

available: inventory, sales order, purchase order, work order, bill of

materials and bank reconciliation.

Spearheaded all annual audits. All were completed in accordance with

generally accepted auditing standards, on time, without material

adjustments, and resulted in unqualified audit reports.

Coordinated preparation of all annual state and federal income tax

returns for individual owners (6) and sister companies (11) with

accounting firm. Computation of quarterly estimated state and federal

income tax payments for all owners and entities.

Implemented annual budget/strategic planning meetings to maximize

organizational performance.

Assisted in the launch of weekly managerial staff meetings to facilitate

communication between departments. Participated as a senior management

team member.

Performed pricing for government proposals in accordance with Federal

Acquisition Regulations (FAR).

Maintained banking relationships to obtain a significantly larger line of

credit to facilitate growth and established a sweep facility to invest

excess cash on a nightly basis.

Responsible for risk management including maintenance of insurance

relationships to insure appropriate coverage was maintained cost

effectively and keeping abreast of current legal issues pertaining to

intellectual property, human resources and general business issues

relating to the company.

Monitored the financial status of the company to insure that Senior

Management and Owner(s) understood all accounting, taxation and risk

management issues.

Supervised staff of four responsible for all accounting functions

including: Budgeting, Cost Accounting, Accounts Receivable, Accounts

Payable, Purchasing, Payroll and General Ledger.

Jointly spearheaded a project with Human Resources Manager to select a

new 401K advisor and investment options for NucFil and its sister

company. Goals of this project were to reduce costs, improve investment

return to participants and enhance our ability to meet our fiduciary

responsibility. Estimated decrease in expenses was 40%.

Established initial computer network and email capability to allow

employees to share data and communicate with clients and vendors.

Network expanded from approximately 6 computers to over 30 since 2000.

Subsequently directed upgrade of server from Windows NT to Windows 2003

with virtually no downtime or disruption of operations.

Spearheaded search for new office and manufacturing space at end of two

separate lease terms. The first search resulted in obtaining contiguous

space from current landlord with a significant remodel to merge the

spaces. With Production Manager, coordinated remodel with landlord

construction personnel and it was completed on time and with limited

disruption of operations. Rent expense increased approximately 1.5%

while space increased 30%. The second search resulted in a base rent

increase of 1.4% the first year and 3% in subsequent years and provided

an allowance of approximately $94,000 for tenant improvements.

OTHER PROFESSIONAL EXPERIENCE

PENNE T. STEIDL, CPA - Denver, CO (1997 to 1999)

Accounting Consultant - Provided accounting services for special

projects. Trained new Controllers, external audit supervision, SEC

reporting, accounting software conversion, compiled financial data to

obtain long-term financing, and budgeting and cash flow forecasting.

Major clients - Data National Corporation and NucFil, LLC.

DATA NATIONAL CORPORATION - Wheat Ridge, CO (1996 to 1997)

Controller - Managed daily accounting operations for multiple entities;

financial and managerial reporting in accordance with various reporting

requirements, including SEC, during a period of extensive change and 50%

growth in revenues in one year. Supervised and trained staff, cash

management, banking and leasing relationships, external audit supervision

and benefits administration.

INTERACTIVE SERVICES - Lakewood, CO (1995 to 1996)

Controller - Managed daily accounting operations for consulting firm

specializing in implementation of software solutions with annual revenues

of $2.5 million.

DENVER BUFFALO COMPANY - Denver, CO (1991 to 1995)

Controller - Managed daily accounting operations for buffalo ranch,

wholesale meat sales entity, restaurant and trading post, and parent

company. Supervised and trained staff including cost accountants,

restaurant controller and administrative staff. Managed benefits and

insurance coverage for all entities. Developed standard cost analysis

system for raw meat. Handled all financial aspects for consolidated

entity with annual revenues of $6 million.

SAGE DEVELOPMENT RESOURCES - Silver Creek, CO Controller

PORTS OF CALL TRAVEL CLUB - Denver, CO Controller - Corporate

Secretary Treasurer

PANNELL KERR FORSTER - Denver, CO Supervisor and Audit Senior

ERNST & WHINNEY (Currently Ernst & Young) - Denver, CO Audit Senior

PROFESSIONAL AFFILIATIONS

Colorado Society of Certified Public Accountants

EDUCATION AND CERTIFICATIONS

THE UNIVERSITY OF DENVER - Denver, Colorado

Master of Accountancy

. Graduate Teaching Assistant

Bachelor of Science in Accounting

. Honors Scholarship Recipient

Certified Public Accountant - State of Colorado

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