Management Real Estate

GERALD ARGABRITE, CPA

Cell: 586-***-**** ● **********@*******.*** ● 5044 Chadbourne Drive, Sterling Heights, MI 48310

F INANCE E XECUTIVE

Innovative finance executive with a broad skill set (developed through public accounting, controllership,

consulting, and entrepreneurship experience) seeking an opportunity to provide financial leadership and

performance improvement at the corporate or division level

Strong focus on profit improvement through process and system redesigns with quick ROI

History of success developing fast and accurate planning, reporting, and analysis processes, usually

cutting days from the monthly close process and weeks from the annual budget process

Collaborative and consultative approach to decision-making with a strong customer focus

Talent for training non-financial executives and team members on financial matters and improving

their ability to manage toward financial objectives

Broad knowledge of GAAP and other accounting regulations with industry experience in automotive

and other manufacturing, healthcare, energy, higher education, professional services, real estate, and

not-for-profit

Core Competencies

Budgeting and Forecasting Cross-Functional Project Team Leadership

Financial and Managerial Reporting Internal Controls and Processes

Variance Analysis and Exception Reporting Financial Consolidations

Process Improvement Presentation/Communication Skills

Information System Design and Acquisition and Divesture Due Diligence

Implementation Cash Management

P R O FE S S I ON AL E X P E R I E N C E

EYES OPEN SOLUTIONS – Sterling Heights, MI May 2002 to Present

(Eyes Open Solutions implements Business Performance Management (BPM) solutions, delivering fast and accurate planning, reporting and

analysis capabilities and enabling stronger management control over business performance. Clientele includes Fortune 500 companies; smaller,

privately held companies; and everything in between.)

Lead Consultant/Owner

Provide best-in-class Business Performance Management (BPM) solutions to financial executives and their staff,

improving client performance and profitability through fast and accurate planning, reporting, and analysis.

Lead all process improvement initiatives and ensure their compliance with generally accepted accounting

principles (GAAP), Sarbanes-Oxley (SOX), and other regulatory requirements. Perform analysis in acquisition

and divestiture due diligence. Provide ad hoc analysis and reporting services for board meetings and investor

reporting requirements. Lead cross-functional project teams of 4-15 individuals from accounting/finance,

information technology, sales, marketing, and human resources. Present/demonstrate process and system

improvement ideas/results to executives and senior management.

Lead all operations and administrative functions of the company. Manage a staff of consultants, business

development, and administrative personnel. Manage all affairs of a small entrepreneurial operation including

accounting, payroll, A/R, A/P, strategic planning, and cash flow management.

Results include:

Delivered instantaneous financial consolidation; shorter planning and reporting cycles; faster, more

reliable reporting; and faster, more flexible, and more robust analysis capabilities in dozens of

successful implementations.

Gerald Argabrite, CPA Page 2

Increased revenue by more than 100% from 2006 to 2007.

Formally trained more than 200 client employees at all levels of management from all over the globe in best

practices of BPM (planning, reporting, and analysis).

Secured line of credit and other financing for the organization, equivalent to three months revenue.

Secured strategic alliances with companies with complimentary missions and objectives, including a partnership

agreement with PARIS Technologies, Inc., the producers of PowerOLAP.

J.D. POWER AND ASSOCIATES – Agoura Hills, CA and Troy, MI April 2000 to April 2002

(J.D. Power and Associates is a market research and professional services firm with strong competencies in the

automotive, telecommunications, financial services, construction, service, and healthcare industries.)

Division Controller (September 2000 to April 2002)

Senior Manager, Budgets/Finance (April 2000 to September 2000)

Directed the company-wide budget process (in both roles). Supported all revenue centers’ planning and

analysis needs, including specialized analysis for reduction-in-force planning. Managed financial analysis,

accounts receivable and collections. Supported and frequently participated in executive committee meetings.

Served as the liaison between finance and operational organizations. Reported directly to the CFO.

Results include:

Designed and implemented a company-wide planning system using Hyperion Essbase that

automatically consolidated budgets from 130 participants in 10 locations.

Performed due diligence on two potential acquisitions, one of which resulted in the addition of the

Company’s healthcare practice.

Developed a “Finance for Non-Financial Managers” course and personally delivered it to more than 60

individuals throughout the organization. This course became an ongoing part of the company training

curriculum.

Developed a competitive analysis tool in Hyperion Essbase that benchmarked the company to its 10

closest competitors in several key areas of performance.

ARTHUR ANDERSEN LLP – Woodland Hills, CA January 1997 to April 2000

(Major public accounting firm.)

Led tax and audit engagements for a satellite office of the Los Angeles office focused on clients with revenue up

to $1 billion. Industry experience includes: hi-tech, manufacturing, services, marketing and distribution, oil and

gas, real estate, retail, and entertainment. Audited publicly traded and privately held companies. Prepared tax

returns for individuals, partnerships, S-corps, C-corps and LLCs. Documented and proposed improvements to

internal controls. Experienced two busy-seasons as a full-time tax professional and two busy-seasons as a full-

time audit professional.

PACKARD BELL ELECTRONICS – Canoga Park, CA and Westlake Village, CA September 2003 –June 2005

(Manufacturer of personal computers.)

Forecasted corporate income daily and distributed it to the executive management team. Prepared journal

entries. Audited daily sales activity and corrected anomalies. Performed ad-hoc analysis. Participated in the

upgrade of the BPCS ERP system.

E D U C AT I O N / A D D I T I ON AL

CALIFORNIA STATE UNIVERSITY, NORTHRIDGE BS, Business (Emphasis in Accounting)

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Cum Laude (3.6 GPA)

Certified Public Accountant (California)

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Advanced/expert skills: MS Office, OutlookSoft, SAP BPC, Hyperion, PowerOLAP, MS SQL Server

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Volunteer service: 20+ years leadership experience, up to 10 direct-reports and 180 indirect-reports

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