Manager Accounting

Jeffrey A. Schillo

**** ******* ***** **. ******: 440-***-****

Broadview Hts., Ohio 44147 Cell: 440-***-****

Email: abmh3f@r.postjobfree.com

Career Summary

Financial – Accounting Manager with history of achieving results by utilizing systems and

processes to achieve continuous improvements. Extensive accounting and GAAP experience in

diverse industries and with all finance / accounting functions.

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Financial Statement Preparation Inventory Valuation and Cost Accounting

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Monthly Close Process Supervision of AR, AP and Payroll

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Management Reporting and Analysis Forecasting & Budgets

Previous positions in the manufacturing, distribution, construction and retail industries demonstrate

the progression to more demanding assignments.

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Accounting Manager Director of Finance

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Division Controller Sr. Financial Analyst

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Cost Accountant Financial Analyst

Experience

LHP Inc., Cleveland, Ohio 2008 to present

Accountant (part-time, independent contractor)

Hands-on position responsible for all accounting and finance functions.

LHP Inc. and LITEHOUSE PRODUCTS LLC, Cleveland, Ohio 2003-August 2009

$50 million, privately held, specialty retailer

Accounting Manager /Controller

Reported to President/CEO. Responsible for all accounting and finance functions. Supervised staff

of 5. Left because business sold.

• Developed financial reporting package using Great Plains and FRx to provide

management with timely results from operations.

• Utilized new accounting system and installed revised processes to reduce the time

necessary to complete the monthly closing process by 30%.

• Reduced the scope of work required by outside audit firm to achieve annual cost savings

of $15,000 – achieved by enhancing the schedules and supporting documents prepared for

outside auditor, thereby simplifying their verification tasks.

• Cross-trained accounting staff and identified process efficiencies resulting in the

elimination of two accounting positions with annual savings of $70,000.

• Implemented improved internal controls, especially in the area of cash, which resulted in

the prompt identification of theft by store personnel.

• After acquiring new business, integrated accounting systems and financial reporting with

the acquired business.

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• Eliminated significant inventory variance by analyzing all inventory transactions to

identify source of variance.

ORIUS CORP, Amherst, Ohio 2002-2003

$90 million provider of engineering and installation services

Accounting Manager / Division Controller, Central Office Services Group

Reported to the Group President. Initially hired as Accounting Manager. Promoted to Controller

after 3 months. Responsible for all accounting, finance and HR functions. Supervised 10. Left

because parent corporation bankrupt and eventually closed.

• Integrated subsidiary systems to eliminate significant costing and inventory variances.

Implemented process improvements in purchasing, engineering and inventory control

functions to resolve source of errors.

• Developed and installed new monthly financial reporting package to improve the

visibility of results achieved in each business component.

• Utilized forecasting, strategic planning and budget process to prompt management action

to restructure business, increasing profits $7.1M.

• Increased cash flow by $24 million by establishing billing process controls, centralizing

collection authority and implementing effective collection processes.

• Coordinated effort with Operations management team to reduce inventories by 40% and

to close redundant warehouse and sales office locations.

PREMIER FARNELL plc, 1996-2001

$1.2 billion NYSE publicly traded, international manufacturer and distributor

Division Controller, Industrial Products Division, Cleveland, Ohio

Reported to CEO for this $100 million international manufacturer and distributor of industrial

supplies. Responsible all accounting and finance functions. Initially hired as Senior Financial

Analyst and promoted to Controller. Left because business sold.

Replaced all financial reporting systems to improve information flow which also

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resulted in an annual cost savings of $180,000.

Increased cash flow $2.7 million by reducing DSO from 51 to 38.

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Coordinated the development of business strategy and assisted CEO in tactical plans.

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Business was repositioned for growth and eventually sold for $37 million.

Completed divestiture actions in 9 months at price $12 million above target.

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Co-chaired $5.4 million project to replace all computer systems with JD Edwards

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ERP system. Project completed on time and within budget.

Led inter-departmental project team in a major product line evaluation and launch of

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line expansion resulting in a $3.2 million annual sales increase.

Implemented restructuring effort that reduced operating cost by $6.5 million.

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Established new relations with LaSalle Bank to increase income by $134,000.

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Education

Passed CPA exam

Master of Business Administration, Management major, Cleveland State University, Cleveland, OH

Completed all course requirements with exception of thesis paper

Bachelor of Business Administration, Accounting major, Cleveland State University, Cleveland, OH

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