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Manager Management

Location:
Palatine, IL
Posted:
October 15, 2012

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Resume:

Email address

***********@*******.***

First Name Middle Last Name Suffix Maiden Name

John H. Ciardiello

N/A

Work Phone & Ext Toll Free Phone Fax Phone Home Phone

847-***-****

Cell Phone Pager Personal Web Site Address

847-***-****

Secondary E-mail

Address City, State

Zip

643 Peregrine Drive Palatine IL 60067

Month/Year Hired Month/Year Left Total Years with Company

Jun 1983 Jun 1990 7

Office Division Title

Chicago Audit Manager

Country Other Employment Details

(Previous positions, duties, or fun info)

United States

Company Name Position

CorSolutions Medical, Inc. Vice President and Corporate Controller

Company Web Site

http://

Company Size (employees) Est. Company Revenue Industry

251+ > $25,000,000 Medical

Do you hold any professional certifications?

(Separate with commas)

CPA

Other Current Employment Details

(Description of Position)

Birthday Marital Status Spouse's Name Anniversary

Select Select Select

Children's Names & Ages

c Copyright Andersen Alumni Association 2012. All Rights Reserved.

resume-ciardiello.doc

JOHN H. CIARDIELLO

643 Peregrine Drive 847-***-**** Home

Palatine, Illinois 60067 847-***-**** Mobile

***********@*******.*** Email

PROFESSIONAL SUMMARY

Highly successful financial executive with over twenty years of progressive experience in

all aspects of accounting and finance including accounting operations, financial analysis,

treasury management, SEC reporting, tax compliance, internal controls, mergers &

acquisitions and financial systems.

Enthusiastic leader with proven ability to add value by providing management information

and partnering with other functions to improve process and solve business issues.

Skilled in hiring, staff development, key personnel retention and building strong teams.

Credentials include a MBA from the University of Chicago, an undergraduate degree from

the University of Illinois and a CPA certification.

PROFESSIONAL EXPERIENCE

CORSOLUTIONS MEDICAL, INC., Rosemont, Illinois 2002 - Present A provider of medical

services with revenues in excess of $120 million. The company was privately held prior to

the recent merger with Matria Healthcare.

Vice President and Corporate Controller

Areas of responsibility include accounting, financial reporting, treasury, risk

management, tax and significant involvement in the financial analysis and planning

function. Supervised staff of eight.

Led the financial due diligence effort for the sale of the company and provided

projections and extensive support for the company s offering memorandum.

Initiated and provided oversight to the Sarbanes-Oxley 404 compliance project. The

company was over 75% complete towards full compliance at the time of the company sale.

Directed the selection and implementation of a new enterprise financial system which

improved productivity and scalability for customer requirements.

Established the tax function which resulted in significantly improved tax compliance.

Enhanced the cash management function which included selecting new cash management and

investment management providers. Assisted in obtaining a new $30 million line of credit

facility.

Improved the monthly close and reporting process which increased the accuracy of results,

reduced the close cycle time by 50% and significantly enhanced financial reporting.

NAVIGANT CONSULTING, INC., Chicago, Illinois 19972002

A provider of consulting services. From 1997 to 2002 the company grew from $27 million to

$245 million in revenues due to organic growth and acquisitions. The company is publicly

traded and has completed two follow-on offerings after an initial public offering.

Corporate Controller

Areas of responsibility included the treasury, business development, financial reporting

and corporate accounting functions. Primarily supported the company s extensive

acquisition, financing and reporting requirements.

Directed the financial modeling of mergers and acquisition targets and the associated due

diligence.

Led the finance department efforts relating to financial requirements for two follow-on

offerings and responded to SEC comments.

Negotiated an increase in the bank s line of credit from $5.0 million to $50.0 million

with more favorable terms.

Developed the corporate planning and capital expenditure processes resulting in

significant expenditure savings.

Led the company s efforts to select an enterprise wide resource planning software which

resulted in cost efficiencies and enhanced availability of key business information.

JOHN H. CIARDIELLO Page 2

ELEK-TEK, INC., Skokie, Illinois 1996 - 1997

Publicly held full line regional marketer of computer hardware, software and related

accessories and supplies with revenues of $333 million.

Controller

Responsible for general accounting, management and SEC reporting, planning and analysis,

accounts payable and payroll departments. Supervised staff of twenty-seven. Primary focus

on improving accounting controls, financial reporting, inventory management and cash flow

from operations.

Implemented numerous procedures which improved the reliability of the financial

statements and significantly improved internal controls.

Enhanced monthly cash flow by improving the timeliness of vendor deductions and reducing

vendor receivable balances by $4.0 million.

Reduced inventory shrink by 67% by placing significant emphasis on security and controls,

centralizing certain functions and implementing a proactive cycle count program.

Streamlined the monthly accounting close and reduced the close cycle time by 53%.

STORAGE TECHNOLOGY DSD, INC., Lisle, Illinois 1992 - 1995

A subsidiary of Storage Technology with $200 million in revenues of mid-range computer

equipment and related support services.

Controller

Directed accounting and reporting activities through a staff of twenty. Emphasis placed

on improving the accuracy and reliability of the financial statements, the quality and

content of management information and the utilization of the company's assets. Promoted

from Corporate Accounting Manager in 1994.

Designed and implemented a monthly financial reporting package that enabled senior

management to make timely financial and strategic decisions.

Eliminated $1.5 million of non-earning assets at customer sites.

KRAFT FOODSERVICE, INC., Deerfield, Illinois 1990 - 1992

A subsidiary of Kraft General Foods with $3 billion in revenues of food products to

various commercial institutions.

Assistant Controller, Chicago Distribution Center

Managed staff of thirteen for a $150 million foodservice distribution center. Responsible

for inventory control, accounts receivable and certain general accounting functions.

Led financial department in quality program which resulted in a 70% reduction in

departmental errors.

Established an inventory control function within the finance department which resulted in

improved inventory accuracy and a higher product service level.

ARTHUR ANDERSEN & CO., Chicago, Illinois 1983 - 1990

Big six professional services firm providing audit, tax and consulting services

worldwide.

Audit Manager

Progressive responsibilities serving public and private clients primarily in the

distribution, manufacturing and retail industries. Rapidly progressed to manager position

in five years. Responsible for several client engagements with sales over $1 billion.

Promoted from senior auditor in 1988.

EDUCATION

UNIVERSITY OF CHICAGO, Chicago, Illinois, Master of Business Administration, March 1993

Concentration in Finance and International Business

UNIVERSITY OF ILLINOIS, Urbana-Champaign, Illinois, Bachelor of Science in Accountancy,

May 1983

Graduated with honors

Certified Public Accountant, Illinois, May 1983



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