BRUCE P. BARNES
**** *. **** ***** ****, #****
Chicago, Illinois 60656
EDUCATION: CPA, State of Illinois, 1977 – CMA, 2002; CIA,2002; EA, 2003; CFM, 2004
MBA, University of Chicago (Accounting), 1973
BA, Grinnell College (Economics), 1971
SKILLS: Excel\Quick Books\Access\Lotus (complex reports and analysis)
PC and Mainframe Accounting Systems (G/L and all supporting modules)
Small Business Accounting Functions : (Payroll, payables, receivables, job cost, sales and purchase orders, general ledger, standard cost and variance analysis, collections, financial statements and tax returns)
PROFESSIONAL EXPERIENCE:
CHICAGO MATTRESS COMPANY, ($15MM Sales), Chicago, Illinois August 2014- March 2016
Accountant
• Responsible for monthly financial statements, accounts payable, weekly payroll, credit and collections,
cost accounting (bills of material) and financial analysis. Helped raise prices to restore profitability.
• Major Accomplishment: Set up Quick Books accounting system to prepare monthly financial statements. Used standard costs (for 500+ products) to calculate COGS and ending inventory.
STERN PINBALL, ($20MM Sales), Melrose Park, Illinois August 2011 – May 2012.
• Responsible for monthly financial statements and analysis, quarterly royalty reports, hourly payroll,
accounts payable, bank reconciliations, and year-end audit schedules.
• Major Accomplishment: Cleared up a two year backlog of licensing reports and brought records current.
RETIRED June 2004 – August 2011. Returned to work after stock market crash.
PLCCA, ($6MM Revenue), Maywood, Illinois November 2003 – March 2004
Accountant (Temporary job)
• Responsible for bank reconciliations, cash application, billing, collections, and audit work papers.
• Major Accomplishment: Helped non-profit organization close June fiscal year, brought accounting
records current and completed required annual audits.
AMERICAN LOUVER COMPANY, ($15MM Sales), Skokie, Illinois September 2000 - December 2001
Accountant
• General and cost accounting responsibility for three companies and the owners’ personal investments.
Prepared monthly financial statements and analysis and all required information for federal and state tax
returns and an annual financial review.
• Major Accomplishment: Joined the company when the previous accounting department quit; cleared up
a three-month backlog of work; closed the year, and maintained an operating accounting system.
ROSENFELD, ZWEIG & ASSOCIATES, LTD., Northbrook, Illinois January - July 1999
Accountant
• Prepared financial statements and tax returns during tax season using CSI and Lacerte.
FOOTE-JONES/ILLINOIS GEAR ($25MM Sales), Chicago, Illinois January - December 1998
Accounting Manager
• Responsible for all accounting functions through monthly financial statements including perpetual
inventory transactions, labor reporting and rate setting, physical inventory, A/R collections, annual
budget, and five-person staff.
• Major Accomplishment: A write-down in the perpetual and obsolete inventory, the booking of
unrecorded liabilities, collection of past-due receivables, and issuing past-due customer credits.
BRUCE P. BARNES - 2 -
PROFESSIONAL EXPERIENCE (Continued)
SCALA PACKING COMPANY ($10MM Sales), Chicago, Illinois 1995 - October 1996
Accountant
• Responsible for all accounting functions through monthly financial statements including billing, cash
collections, payroll, payables, computer operations, bank reconciliations, monthly inventory, insurance
audits, and an annual financial review.
• Major Accomplishment: Replaced two professional accountants by automating all reports and delegating
additional work to a two-person staff.
OSTER WOODWORKING ($3MM Sales), Chicago, Illinois 1990 - 1991
Accountant
• Operated PC accounting system (Real World) for all accounting functions through monthly financial
statements and owner’s (individual and corporate) tax return, especially union payroll, payroll and sales
taxes, job cost reporting, progress billings, and profit sharing plan.
TASTY FINE FOODS ($10MM Sales), Bensenville, Illinois 1988 - 1990
Controller
• Responsible for PC accounting system (Open Systems) and two-person staff (receivables and payables).
• Prepared monthly financial statements based on standard journal entries (sales, purchases, accruals,
payroll, cash receipts, and disbursements) and a physical inventory (cost of goods sold).
• Major Accomplishment: Updated product cost formulas (RM, D/L and O/H for 75+ products) and raised
prices where possible (FOB Bensenville and three outside warehouses).
IBG INTERNATIONAL ($15MM Sales), Wheeling, Illinois 1986 – 1988
Controller
• Joined company in Chapter 11 Bankruptcy under a potential buyout.
• Responsible for all accounting functions (three-person staff), especially cost accounting, state taxes and
tax audits, bankruptcy reports, bank borrowing, cash forecasts, and reorganization plans.
AMERICAN SOCKET SCREW COMPANY ($5MM Sales), Elk Grove Village, Illinois 1985 - 1986
Controller
• Responsible for all accounting functions through monthly financial statements and corporate tax return,
including three-person staff (receivables, payables, and data entry).
• Major Accomplishment: • Reduced receivables from 60 to 45 days; collected $150M past-due .
MARSH INSTRUMENTS ($20MM Sales), Skokie, Illinois 1984 – 1985
Financial Analyst
• Prepared all reports to parent (General Signal Corp.), including: Monthly Forecast (3 months out and full year) of IS, B/S, and Cash Flow ; Monthly Financial Statements and Annual Budget (G/L Detail).
Federal and state tax returns; and Strategic Plan (3-year forecast of IS, B/S,and cash flow)
• Major Accomplishment: Introduced personal computers and automated all major accounting reports.
PACKAGING CORPORATION OF AMERICA ($650MM Sales), Evanston, Illinois 1980 - 1984
Financial Analyst
• Same as above to parent (Tenneco)
• Major Accomplishment: Computerized the Strategic Planning process .
NORTHERN PETROCHEMICAL COMPANY ($300MM Sales), Des Plaines, Illinois 1973 – 1980
Financial Analyst
• Same as above to parent (InterNorth)
• Major Accomplishments: Computerized the calculation of book and tax depreciation (for$350MM of fixed assets) for federal and state tax returns. Computerized all monthly accounting reports..
BRUCE P. BARNES
5421 N. East River Road, #1410
Chicago, Illinois 60656
Gentlemen:
I am responding to your ad in the Career Builder.
My name is Bruce Barnes. I am 68-years-old and have thirty years experience as an
in-charge small business accountant with heavy manufacturing and computer experience.
Prior to that, I was a financial analyst with several large manufacturing companies
(Packaging Corporation and Northern Petrochemical).
I have a CPA certificate and an MBA (accounting) from the University of Chicago.
I have certificates as a CMA, in 2002; CIA, in 2002 ; EA, in 2003, and CFM, in 2004.
My qualifications are as follows:
• Full-charge accounting responsibility for all aspects of a small manufacturing business
accounting system through financial statements, tax returns, and staff supervision.
• Sophisticated computer skills in all modular accounting functions such as invoicing,
cash receipts, payables, check writing, payroll, financial statement report writers, and
spreadsheet modeling.
• Hardworking and ambitious. I will work harder and more effectively than anyone you
can hire. No one who ever gave me a job has any cause to regret it. I am results oriented
with strong analytic, supervisory, and communication skills.
I look forward to an interview to discuss this position in more detail.
Sincerely,
Bruce P. Barnes
Enclosure