Manager Staff

Don Angelina, CPA

*** **** ********* ***** *: 904-***-**** / C: 904-***-****

Jacksonville, FL 32259 abm6wn@r.postjobfree.com

EXECUTIVE SUMMARY

Audit Professional with extensive experience developing and executing risk-

based audit methodologies, and performing operational, financial and

compliance audits. Proven success in both Big 4 firms and large

multinational organizations. Demonstrated expertise in isolating and

resolving inadequate controls issues, resulting in significant improvements

in business operations and net income. Proven ability to lead, hire and

train high caliber audit departments. Constant achievement reflecting

particular expertise in:

. Strategic global leadership of financial, operational and compliance

internal audit teams

. Establishing and implementing of risk-based audit methodologies

. Effective communication to Audit Committee and senior executives

. Knowledge and implementation of Sarbanes Oxley compliance

. Creating, developing and maintaining new internal audit departments

PROFESSIONAL Experience

INTERLINE BRANDS, INC., Jacksonville, FL 2003 - 12/2009

Director of Internal Audit

A public $1.2B wholesale distributor of maintenance, repair and operation

items with over 12 brands and more than 100 locations in the USA, China,

Canada and Puerto Rico. Interline is a newly formed public company whose

growth initiatives are acquisition based.

Responsible for establishing a new audit department, developing and

executing annual audit plans, and ensuring compliance with Sarbanes Oxley.

This position reports directly to the Audit Committee and administratively

to the CFO. Managing a staff of 4 professionals.

. Established the internal audit function from the ground up to include

hiring and training staff, completing business and fraud risk

assessments, developing a three year annual audit plan, performing SOX

compliance work, creating an internal audit charter, developing an audit

manual, organizing quarterly Audit Committee meeting agendas and

materials, and presenting at the meetings.

. Transitioned the department from using 100% outsourced staff to a

combination of in-house and contract audit staff resulting in a reduction

in internal audit department operating costs of approximately $500K.

. Served as primary audit interface with external auditors to establish and

execute acceptable control testing. This resulted in increasing external

audit reliance on internal audit's work product and a corresponding

reduction in fees. Executed business and operational reviews resulting

in suggestions for improving operations, reducing regulatory risk

exposure and obtaining cost savings.

. Successfully implemented Sarbanes Oxley saving the company approximately

$2.5 million in the first 3 years.

. Identified sensitive compliance issues reducing the company's exposure to

excessive fines, penalties and negative public reputation consequences.

BOMBARDIER, INC., Jacksonville, FL 2001 - 2003

Director of Internal Audit

A $20B international manufacturer of airplanes and trains.

Responsible for directing multiple international engagements for both the

financial and manufacturing divisions. Responsible for developing and

executing risk-based audit methodologies. This position reported to the

Chief Audit Executive. Trained entire staff of forty five to perform risk-

based audits. Managed a staff of 6.

. Implemented automated audit and risk assessment software applications

resulting in dramatic improvements in the organization, performance and

results of internal audits

. Led the implementation of Sarbanes Oxley across all global locations.

Developed the annual audit plan, hired and trained audit staff, executed

audit programs globally, prepared audit reports and presented audit

results to management.

. Identified improvements in the company's method for calculating bad debt

reserves that reduced required reserves by over $1M.

Don Angelina, CPA

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. Identified high exposure compliance issues and initiated a heightened

sense of awareness to these issues with senior management and the Audit

Committee.

BERLITZ INTERNATIONAL, INC., Princeton, NJ 1998 - 2001

Senior Audit Manager

Berlitz International operates language schools more than 470 locations in

over seventy cities worldwide.

Responsible for planning and performing operational, financial and

compliance audits. Duties included: assessing risk; developing audit

objectives, plans and scope; coordinating audits with external auditors;

supervising international outsourced staff; performing special projects;

reviewing workpapers; preparing audit reports; conducting exit meetings;

and following-up on the implementation progress of report comments.

Managed a staff of 3 professionals.

. Identified inadequate controls over the maintenance of customer accounts

that resulted in an immediate $350,000 addition to revenue.

. Performed an operational review of the Company's global computer system

that resulted in significant system development, maintenance, and

operational improvements.

. Identified inappropriate reporting of revenues and expenses at several

franchise operations resulting in increased royalty payments.

. Performed audits predominantly in other countries within three weeks

including the exit meeting and delivery of a draft report.

DELOITTE & TOUCHE LLP, Philadelphia, PA 1997 - 1998

A major international Big 4 accounting and consulting firm.

Senior Audit Manager

Responsible for building an internal audit consulting practice by marketing

services, identifying new leads, managing engagements, developing audit

methodologies, recruiting and training staff, and communicating with

management and audit committees. Managed a staff of 10 professionals.

. Developed over $600K in new business within the first six months.

. Selected to join a specialized team of Deloitte partners and managers to

sell and implement control self assessment projects

. Designed and implemented standard audit practices, workpaper formats, and

reporting formats.

. Established audit objectives, plans and scope consistent with the

client's needs.

. Performed risk assessments and developed risk-based audit plans.

. Utilized audit software to streamline the audit process.

. Supervised audit work, edited audit reports and communicated results to

audit committees.

COPELCO FINANCIAL SERVICES GROUP, INC., Mount Laurel, NJ 1994 - 1997

A financing company focused on office and medical equipment leasing, auto

loans and mortgage lending.

Internal Auditing Director

Established and developed a new audit function covering five financial

services subsidiaries. (Staff of 3)

. Established annual audit plan, hired and trained staff, and developed

standard auditing practices.

. Directed special audits to reduce legal, regulatory, and financial risk

exposure.

. Identified significant control weaknesses resulting in the reorganization

of a subsidiary.

Professional Experience Prior to 1994:

INDEPENDENCE BANCORP, INC., Perkasie, PA 1991 - 1994

Audit Manager

ATLANTIC FINANCIAL FEDERAL, Bala Cynwyd, PA 1987 - 1991

Assistant Controller, AVP

ERNST AND YOUNG LLP, Philadelphia, PA 1984 - 1987

Audit Supervisor

Don Angelina, CPA

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EDUCATION

B.S. in Accounting, The Pennsylvania State University

CERTIFICATIONS / MEMBERSHIPS

. Certified Public Accountant, CPA

. Certified Financial Services Auditor, CFSA

. The Pennsylvania Institute of Certified Public Accountants

. The American Institute of Certified Public Accountants

. The Institute of Internal Auditors

Technical Skills

MS Word MS Excel MS PowerPoint MS Visio

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