Charles D. Madden

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

Chalfont, Pennsylvania 18914

Phone: 215-***-****

Cell: 215-***-****

Email: ablw0k@r.postjobfree.com

CFO/Controller with international experience, a keen eye for detail and

strategic foresight seeking a position to provide superior leadership and

guidance in the area of financial management. Utilize knowledge and

experience to achieve maximum levels of efficiency and profitability. Be a

core contributor & integral part of successful company management.

Accomplishments

. Led test laboratory capacity expansion project. Oversight of

construction budget, contractor negotiations, township negotiation &

approvals for completion of high voltage / customer laboratory.

Developed customer pricing & building usage rationale resulting in

additional 6% sales growth in first year of operation.

. Lead integrator for data migration / implementation of two

subsidiaries from Deltek Cost Point to Oracle ERP systems.

. Developed scheduling and logistics system and related performance

metrics for global auditing business. Guided company financially from

loss position to a 15% EBITA over 3 yr. period.

. Working with Managing Director, incorporated startup Transmission &

Distribution Consulting Firm. Co-developed five year operating plan.

Implemented KPI's & project control systems for T&M / Fixed price

Contracts. Oversight of new hires and development of company policies

& procedures.

. Developed KPI's and financial database systems (MS Access) for project

activity costing, revenue recognition, resource utilization, backlog,

business segment, client and profitability analysis for high power

electrical testing unit. EBITA increase from 10% to 24%.

. Lead integrator for sale of pharmaceutical contract manufacturing firm

to S&P 500 C.R.O.

. Developed adjusted EBIT figures and projections, formulated rationale,

played major role in negotiation and sale of entity, in a pooling of

interests exchange agreement.

. Developed and implemented monthly accounting close procedures for

pharmaceutical contract manufacturing firm, sales recognition formulas

and financial database systems to track sales-pipe, revenue

recognition, backlog, and profitability for ongoing backlog of 350

contract manufacturing jobs.

Developed and implemented segmentation of business services and

pricing structure, resulting in an additional $100K per month in

sales.

Professional Experience

KEMA - Powertest, L.L.C. 1999 - February 2010 - Chalfont, PA. A $300

million global electrical testing & consulting firm headquartered in the

Netherlands.

Controller - responsible for oversight of all financial activities of

5 inbound U.S. subsidiaries for Dutch Foreign Parent.

. Supervise month end gl closings and reporting into Hyperion Financial

Reporting System.

. Manage U.S. banking relationship & cash concentration pool for all

U.S. subsidiaries. Negotiated $25MM high risk receivables financing

agreement.

. Coordination and execution with foreign parent, debt/equity structure,

royalty & management agreements. I/C loan agreements, transfer

pricing & tax compliance activities. Restructured entity status,

resulted in $500K state tax savings.

. Responsible for annual calendarized budgeting process of P&L, Cash

Flow, Balance Sheet & Resource Utilization, 12 month rolling

forecasts.

. Monthly compilation of actual vs. budget, performance indicators and

variance reporting. Coordination of PwC audits to SOX / U.S. - Dutch

GAAP Standards, and I.R.S. audits.

. Strategize with unit managers, development & presentation of semi-

annual performance and budgeting Powerpoint presentations to Board of

Directors.

. Development and Coordination of tax accounting cycle, annual true up

and reconciliation procedure with PwC and tax consulting firm.

. Target and analyze potential holding company acquisitions.

Coordination & Negotiation of adjusted EBITA, purchase price and earn-

out scenarios with Sellers.

. Annual oversight and negotiation of health, retirement, deferred

compensation, property and liability insurance programs. Negotiated

$1.2MM Boiler & Machinery loss settlement.

. Formed LLC Realty Company, developed P&L, gl accounting systems,

oversight of realty investment & construction budgets. Enforcement of

lease agreements for commercial real estate investments.

. Oversight, development and enforcement of HR and Corporate policies.

. Develop R.O.I. / investment rationale presentations for Board

approval. Maintain budget-tracking systems for numerous long-term

capital expenditure programs in highly capital-intensive testing

facility.

. Chair weekly revenue recognition meetings.

. Coordinate with sales manager on review of quotations, managing order

intake, scheduling, backlog, negotiation of exclusive supplier

agreements, enforcement of T&C's.

. Supervise & develop F&A staff. Review bank, payroll reconcilements

and AP check runs for policy adherence and appropriate gl account

placement. Oversee A/R collection activities.

. Hired as Manager F&A, promoted to Treasurer in 2002 and Vice President

in 2004

Simirex, Inc. (subsidiary of Quintiles Transnational) 1996 - 1999 - Mt.

Laurel, New Jersey

Pharmaceutical packaging manufacturer - a subsidiary of a multi-billion

dollar S&P 500 C.R.O headquartered in Research Triangle Park, N. C.

Financial Manager - Oversight of all financial activities of clinical

packaging division.

Coordinate month end closing for domestic & international divisions.

Finalize numbers and report to parent company senior management.

Monthly, Quarterly & Yearend reporting to Parent Company.

Approve capital budget requests. Perform capital budget reports

IRR/NPV analysis

Development & financial oversight of over-encapsulation and

cephalosporin laboratories.

Development & preparation of operational budgets for parent company.

Oversee monthly job costing and closeouts for percentage-of-completion

tracking of open jobs.

Negotiate and maintain bank, equipment, real estate leasing, and

insurance relationships.

Development and ongoing evaluation of job pricing model and job

profitability by segment.

Establish and manage I/C financial guidelines for transactions with

overseas U.K. operation.

Implemented 40IK and Health insurance plans.

General oversight and landlord liaison for 120,000 sq. ft.

manufacturing facility.

. Honored with Quintiles Excellence in Service Award by Quintiles CEO.

Keystone Financial 1988-1996 - Horsham, Pennsylvania - A $2 billion dollar

commercial & real estate investment bank located in Horsham, PA.

Risk Analyst

. Underwriter for commercial, real estate investment & real estate

construction portfolios. Analyze financials and prepare loan

underwriting presentations for loan committee review. Visit client

sites as part of loan evaluation process. Structure loan agreements

and covenants for commercial loans and working capital lines of

credit. Perform client receivable audits for asset based lending

requirements. Monitor progress of land acquisition and construction

loans for residential development projects. Analyze and make loan

structure recommendations for leveraged buy-outs. Execute customer

loan closings.

Education

Villanova University, M.B.A. - Strategic Management /

Marketing - 1994

Areas of study - Taxation, International Marketing, Cost

Accounting, Managerial Finance

Management Science, Business Ethics.

Temple University, B.B.A. - Finance/Accounting - 1988. Areas of

study - International Finance, Managerial Finance, Capital Markets,

Bank Management, Portfolio Analysis, Accounting, Computer Science.

Software Expertise - MS Office, Peachtree, Deltek-Costpoint, Solomon/MS

Great Plains, Hyperion, Oracle, CIS, Axiant, SQL, Sage FAS, Web, Database

programming.

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