PROFESSIONAL SUMMARY
CFO with financial and operations experience seeking position with small to mid-size company. Strong interpersonal skills and the ability to collaborate with all levels of management and staff. Experience with consolidations, acquisitions, budgeting, month-end and year-end closings and inventory control. Partnered with ownership to achieve their company and personal goals. Managed various IT projects and proficient with networks and servers (Microsoft and linux). A problem solver with strong analytical skills.
ACCOMPLISHMENTS
Paid off $3M in buyout debt
Paid down over $1.5M in asset based loan
Researched and selected a new ERP system
Purchase of another company - responsible for financial analysis and financing
Moved our Phoenix location - responsible for phones, computers and inventory
Digitized and automated customer invoicing
Requested and received a $12,000 sales tax refund
Handled a state income tax audit with no adjustments
EXPERIENCE
COMPONENTS CENTER, INC. - June 1992 - Present
$15M distributor of electronic components.
CFO (June 2010 to present) - Controller (June 1992 to May 2010)
Prepared journal entries, monthly consolidated financial statements, tax accruals and annual budgets.
Work closely with President on all financial and operational aspects of company
Maintained banking relationships – monitored and negotiated credit lines.
Supervised a staff of five responsible for credit, collections, payables, payroll and human resources.
Negotiated all insurance – liability, health and workers compensation.
Involved in acquisition negotiations and integration.
Prepared various operational reports using Microsoft Excel (advanced excel skills).
Responsible for preparation and filing of all business taxes.
Monitor internal computer network and assist outside IT consultant with various computer projects.
RICHEY IMPACT ELECTRONICS - January 1992 - June 1992 (contract)
$30M assembler and distributor of electronic components and computer products.
Accounting Consultant
Prepared year-end journal entries and workpapers.
Assisted outside auditors with year-end testing and audit schedules.
Analyzed major balance sheet accounts on a monthly basis and prepared adjusting journal entries.
Prepared and files numerous business tax returns and forms.
LEX ELECTRONICS - $500M subsidiary of Lex Service PLC - November 1987 - December 1991
U.S. distributor of electronic components and computer products.
Finance Manager – West Coast Operations (Revenue $40M)
Worked closely with sales and marketing on financial and operational aspects of new sales opportunities and JIT programs.
Analyzed and proposed solutions for OEM customers with credit issues.
Responsible for departmental budgets and forecasts.
Responsible for coordinating and monitoring physical inventories.
Developed internal control and procedures needed to close and/or relocate warehouse facilities.
Accounting Manager – Logistics Department
Prepared, analyzed and monitored departmental budgets.
Development and implemented financial and operational policies and procedures.
Responsible for inventory integrity and valuation for six warehouses with total inventory in excess of $100M.
Instrumental in reducing annual physical inventories from two weeks to four days.
Senior Internal Auditor – Corporate Audit Department (Stamford, CT)
Audited U.S. and European electronics and automotive distribution operations.
Assisted the Audit Director in developing policies, procedures and audit programs.
Worked closely with the outside auditors (KPMG) during annual year-end audits.
CLUETT, PEABODY & CO. - $800M subsidiary of West Point Pepperell - October 1985 - October 1987
Manufacturer and wholesaler of apparel and consumer goods.
Senior Auditor
Responsible for financial and operational audits of key divisions of the company.
Supervised a staff of five auditors.
COOPERS & LYBRAND - April 1984 - September 1985
Staff Accountant
Various audit assignments - public, private, government and non-profit.
Prepared financial statements, management letters, audit reports, and corporate tax returns.
NYS DEPARTMENT OF AUDIT AND CONTROL - November 1979 - March 1984
Senior Examiner of Municipal Affairs
Performed audits of government entities and State and Federally funded programs and agencies.
EDUCATION
SUNY AT BUFFALO
B.S.B.A – 1979 with major in Accounting - Dean's list two semesters.
CPA New York – 1985 (not currently active)
OUTSIDE ACTIVITIES
Church leader and volunteer - mentoring, usher, bible study, prayer team, choir
Softball and basketball