ACCOUNTING/FINANCE AND OPERATIONS PROFESSIONAL
Results-oriented hands-on accountant with 25 plus years of
accounting/finance and operations experience within the manufacturing and
distribution industries. Adept at infusing financial discipline and
creating an effective business operations environment. Proven financial
planning, budgeting, controlling costs, and cash management skills.
Thoroughly experienced in all facets of corporate accounting and finance
functions. Thrives when working across diverse business lines,
complementing independent contribution with strong team-building and
collaboration. Big 4 public accounting background.
AREAS OF EXPERTISE AND KNOWLEDGE
Distribution and Manufacturing: Experience includes planning, forecasting,
policy development, inventory management and costing, due-diligence review,
acquisition analysis, debt maintenance, banking relations, development and
administration of employee benefit programs, training and supervision of
staff, corporate finance, labor relations, risk management, consolidations,
and operations management.
Distribution Warehouse Management: Managed a growing distribution
warehouse operation while reducing costs and back orders. Assumed
warehouse management and other responsibilities in work out environment to
assist company to return to profitability.
Earnings Enhancement: Proven cost cutting and cost controlling success.
Created solid financial systems, controls, and financial reporting which
eliminated financial surprises.
Bank Relations: Established strong bank relations and respect within the
banking community. Success in obtaining financing and enhanced renewals.
Other: Development and management of Human Resources department. Direct
responsibilities in business restructure and shut downs. IT department
management, including system conversions. Sarbanes-Oxley (SOX).
Public Accounting: Twelve years "Big 4" public accounting included clients
in numerous industries. Many SEC clients. Ability to access and work
through financial statements and operations for companies in many
industries.
EXPERIENCE
Sports Line Distributors, Buffalo Grove, Illinois
2008-2009
Chief Financial Officer
Distributor of Consumer Licensed Sports and Entertainment Merchandise.
Reported to Owners. Revenue $24 million.
Responsibilities included accounting, financial reporting, budget, cash
management, collections, vendor relations, credit, human resources, and
risk management. Managed payroll processing conversion. Position was
created in 2008 and eliminated in 2009 due to downturn in economy and
company's business model.
Professional Project Consultant
2005-2008
Greenbrier Rail Services (formerly American Allied Railway), Peoria,
Illinois
Plant Controller (2 months)
International publicly owned leading supplier of transportation equipment
and services to the railroad industry in North America and Europe.
EON (formerly Airtricity), Chicago, Illinois
Financial Reporting Manager (6 months)
Publicly owned developer and operator of Wind Farms generating renewable
energy in North America.
Illinois Tool Works, Glenview, Illinois
Benefits Accounting Consultant. (3 months)
Publicly owned international holding company.
Midwest Generation, Chicago, Illinois
SAP Fixed Asset Conversion Consultant (4 months)
Publicly owned subsidiary of Edison Mission Energy. Responsible for fossil-
fuel power plants in Illinois and Pennsylvania.
Gladson Interactive, Lisle, Illinois
Controller (4 months)
The countries leading provider of digital product images and product label
content for space management and e-commerce.
Kenmode Tool & Engineering, Inc., Algonquin, Illinois
ERP Cost Accounting Consultant (2 months)
Manufacturer of progressive dies and high performance metal stamping.
Case New Holland, Lake Forest, Illinois
Financial Reporting Manager (11 months)
Publicly owned world leader in the agricultural and construction equipment
industries.
Arthur J. Gallagher & Co., Itasca, Illinois
Sarbanes-Oxley (SOX) Auditor (5 months)
Publicly owned insurance brokerage and risk management services firm.
Happ Controls, Elk Grove Village, Illinois
1998-2005
VP-Finance, CFO, Secretary & Treasurer
VP-Finance & Operations
Distribution supplier and manufacturer of electronic control devises to the
amusement, gaming, vending, and industrial industries. Reported to
President/Owner. Company was sold to a private equity firm in June 2004.
Revenue $72 million.
Responsibilities included accounting, financial statements, bank relations,
budget, risk management, credit management, cash management, cost
accounting, MIS, human resources, UK operations, branch and warehouse
management.
. Established credit polices and controls resulting in reducing DSO 15
days.
. Changed business and property insurance to a "Captive", resulting in
annual savings of $100,000.
. Successfully performed acquisition analysis and due diligence for
three acquisitions.
. Planned and implemented shut down of branch resulting in annual
savings of $400,000.
. Successfully eliminated need for annual physical inventory through
documented cycle counts, procedures and daily review of inventory
activity, resulting in $250,000 incremental margin.
. Serviced debt from cash flow. Increased availability through tight
cash flow control, obtained annual vendor discounts of $200,000.
. Established general ledger including chart of accounts. Prepared
financial statements internally, resulting in annual savings of
$50,000.
. Month end close reduced to 5 business days and financial package by
10th. Afforded senior management to react quickly to unfavorable plan
variances.
. Worked with regional sales managers and department heads to compile
"bottom up" budget.
. Secured, then refinanced debt on Family Partnership's three owned
facilities.
. Created Human Resources position.
. Reduced staff in accounting department, resulting in annual savings of
$175,000.
. Established two shifts for central distribution warehouse, eliminating
excessive overtime at minimal incremental cost and reduced back
orders.
. Successfully split production and distribution operation into two
facilities and established present distribution system.
. Negotiated rate reduction from outbound freight carrier resulting in
$250,000 annual savings.
Byczek Enterprises, Lincolnwood, Illinois
1992-1998
Controller
Equipment supplier and design dealer to the foodservice industry. Reported
to President/Owner. Revenue $32 million.
Nelsen Wire Company, Bensenville, Illinois
1989-1992
Plant Controller
Processor of cold headed steel wire. Reported to Vice President/Plant
General Manager. Revenue $28 million.
PricewaterhouseCoopers, Chicago, Illinois
1985-1989 Audit Manager
Acme Printing Ink, Chicago, Illinois
1981-1985
Controller
Manufacturer of high quality printing ink, with 3 manufacturing facilities
including cost centers for 34 sales offices. Reported to President/Owner.
Revenue $24 million.
Ernst & Young, Chicago, Illinois
1973-1981
Audit Manager
Began professional career as staff accountant, timely promotions to manager
level.
EDUCATION, CERTIFICATION, and AFFILIATIONS
BSC-Accounting, DePaul University 1973; CPA-State of Illinois 1976
Executive Development Program, University of Illinois at Urbana-Champaign
1987; American Institute of CPA's
College of DuPage-Former Part Time Instructor
Former School Board Member; Former Board Member-United Way of Arlington
Heights