Philip James LaDestro
Shelton, CT 06484
*********@*******.***
PROFESSIONAL SUMMARY
MBA and BBA with over 17 years experience in the areas of Finance, Accounting, and Tax. Industry expertise
includes Consumer Packaged Goods, Financial Services, Commercial Real Estate, and Non-profit. Possess solid
analytical, organizational, and communication skills and an extremely proficient systems background.
PROFESSIONAL EXPERIENCE
Friends of Animals, Inc. Darien, CT
Financial Manager/Controller (2006-Present)
Initiate and perform all finance, accounting, and tax functions for a $6 million non-profit organization, thoroughly
developing financial statements for internal purposes, audits, and public information. Current responsibilities
include all general ledger accounting functions, financial planning and analysis, payables, receivables, cash flow,
budgeting, forecasting, tax, payroll, 401k, and petty cash related processes for the entire company.
Manage and process all general ledger accounting functions including journal entries, accruals, and reclasses
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using Accpac, coordinating and completing all monthly, quarterly, and annual closings in a timely manner.
Collect and evaluate financial data within Excel, accurately performing budgeting, forecasting, and analysis
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functions, enabling reliable business planning for the organization.
Accurately calculate cash positions, building cash flow forecasts and analyses to clarify available funds for
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day-to-day operations.
Consolidate financial summaries and analyses based on company performance, reporting and presenting
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findings during quarterly Board of Directors meetings.
JL Business Ventures Stratford, CT
Finance and Accounting Consultant (2003-2006)
Assisted several companies and individuals by completing various finance, accounting, tax, treasury, and special
projects as required. Project work included general bookkeeping, bank reconciliations, financial research,
calculation of currency conversions, audits, documentation of procedures, and business planning.
Executed financial and operational support for business entities and entrepreneurs via QuickBooks and
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Excel, ensuring accurate and timely completion of various functions.
Extracted key data from comprehensive global company online sources Dun & Bradstreet, OneSource, and
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Hoovers via the Internet, reporting updated figures on various Excel spreadsheets.
Prepared various individual and business income tax returns for federal and state entities, ensuring data
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integrity and meticulously confirming numbers.
Unilever Home and Personal Care - USA Trumbull, CT
Senior Financial Analyst (2000-2003)
Responsible for monthly accounting closing process related to all trade promotion expenditures, including the
preparation of management reports, variance analyses, and processing of journal entries. Prepared monthly financial
trend reports and analyses based on trade fund expenses compared to budget and prior year, utilizing Hyperion
Essbase. Handled aspects of budgeting, forecasting, reporting, and payment for all property taxes.
Prepared and processed journal entries and accruals using SAP, reconciling accounts and producing monthly
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management reports. Identified discrepancies in SAP general ledger and researched errors, making
corrections through journal entry re-classes.
Conducted fixed asset management including capital expenditures, disposals, and depreciation utilizing SAP,
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performing data integrity verifications.
Streamlined real estate and personal property tax payment process by producing detailed disbursement
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schedules. Organized and arranged timely payment of tax bills, avoiding late fees and penalties, saving
company from incurring unnecessary additional costs.
Philip James LaDestro - page 2
The Ashforth Company Stamford, CT
Financial Analyst (1997-2000)
Compiled financial data to analyze, research, and explain monthly budget variances for all corporate revenues,
expenditures, and cash flows, reporting findings to Senior Management. Analyzed data derived from income
statements, cash flows, balance sheets, and general ledger accounts. Prepared annual operating budget consolidation
and quarterly financial forecasts for all company divisions, implementing changes as needed.
Designed and implemented financial budget modeling system using Microsoft Excel, reducing annual budget
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preparation and consolidation time by 20%.
Established monthly variance analysis process, streamlining reporting of company financials and decreasing
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turnaround time by 15%.
MasterCard International Purchase, NY
Financial Analyst (1995-1997)
Gathered and analyzed MasterCard worldwide cardholder statistics, producing management performance and ad hoc
reports. Prepared quarterly financial forecasts based on numerical trends and peer group analyses.
Increased revenue for company by $85,000 after identifying financial anomalies reported by a bank.
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Tracked and evaluated all components of assigned Quarterly Member Reports, assured data integrity,
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identified inconsistencies, and made corrections when needed.
The Dannon Company, Inc. Tarrytown, NY
Financial Analyst (1992-1995)
Provided financial and analytical support to Finance and Sales departments, reporting monthly data related to entire
yogurt product line. Produced analyses to determine product line budgets and promotional funding.
Conceptualized and initiated automation of monthly process for product line funding, generating
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approximately $2 million in additional annual funds available to company. Time necessary to complete
annual year-end close out and audit process decreased by an estimated 25%.
Processed journal entries to general ledger and reconciled accounts on a monthly basis.
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EDUCATION
Master of Business Administration, Finance, University of Connecticut Stamford, CT
Overall G.P.A.: 3.9, Major G.P.A.: 3.9 Beta Gamma Sigma Honor Society (Top 20% of Class) (1998)
Bachelor of Business Administration, Management, Iona College New Rochelle, NY
Overall G.P.A.: 3.4, Major G.P.A.: 3.6 Dean’s Honor List (5 of 8 Semesters) (1991)
COMPUTER SKILLS
SAP, Hyperion, Sage Accpac, ADP EasyPay, CitiStreet 401k, Business Objects, Microsoft Office: Excel, Access,
Word, Visual FoxPro, Outlook, PowerPoint, Publisher, FrontPage, Lotus 123, Lotus Notes, QuickBooks, TurboTax,
Microsoft Windows