Accounting Management

Homan Ostad

714-***-**** (Cell) 714-***-**** (Home)

ac0bqo@r.postjobfree.com

SUMMARY OF SKILLS & EXPERIENCE

** ***** ** ********** ** all areas of finance and accounting, with increasing levels of responsibility. Experience in the areas of distribution, material supply, manufacturing, and subcontracting. In-depth knowledge of legal and technical issues, job costing, purchasing, tax reporting, workers comp and other insurance programs. Strong analytical and problem-solving skills. Excellent verbal and written communication skills. Extensive computer experience, including Sage Masterbuilder & Timberline, Eclipse, QuickBooks, MAS 90 and JD Edwards. Objective and innovative approach to improving internal controls, efficiency and cost reductions. Flexibility and initiative. Results oriented, hands-on management style, team player with a proven track record of improving the bottom line.

WORK HISTORY

Nov 2012- MILLER WOODWORKING, INC. - Harbor City, CA

Present Controller - Preparation and analysis of monthly P&L & balance sheet. Budgeting &

forecasting, variance analysis, cash management and forecasting, work in progress and

percentage of completion. Job costing and analysis. Internal audit and tax preparation.

Negotiation of workers comp, business liability, auto, umbrella and health insurance programs. Process improvement, and implementation of internal controls. Working with CPAs, consultants, bank managers, and subcontractors. Vendor management and credit lines, negotiating discounts and rebates. Supervision of accounting staff, A/R, A/P, payroll, purchasing of fleet vehicles and machinery, and inventory control.

Achieved cost reduction of $200k per annum, upgraded all accounting, WIP and reporting

systems. Established over 100 new vendor accounts with better terms and conditions.

Aug 2009 - ACA CONSULTING – Anaheim, CA

Nov 2012 Consultant - Providing financial analysis targeting cost reduction, internal controls, improvement of cash flow and profitability. Negotiation with vendors on discounts and rebates, and dealing with banks on LOC. Training and development of staff in accounting standards.

Feb 2007- SANDERS & WOHRMAN, Orange, CA

July 2009 Controller – Responsible for all areas of Accounting/Finance/IT. Accomplishments -

$295K reduction in costs per annum; standardized all accounting policies and procedures to ensure compliance; set up computerized work in progress reporting; developed standard operating procedures for accounting; upgraded computerization and reporting systems.

May 2004 – MSI HVAC, MATERIAL SUPPLY & MANUFACTURING - Fontana, CA

January 2007 Controller – Responsible for finance/Accounting function. Accomplishments - reduced A/R 60+ days to 5% from an average of 15-20%, resulting in improved cash flow of more than $1M. Improved current – 60 days by $500,000 reducing associated costs. Restructured Accounting department to improve productivity and efficiency. Analyzed financial performance and implemented changes to reduce A&G expense. Reorganized purchasing function, negotiated new terms and conditions with vendors, resulting in higher discounts and lower material costs, turning a negative cash flow into a positive cash flow in excess of $3M. Negotiated new lease contracts on property, equipment and machinery. Generated sales leads. Trained and educated existing employees and new hires

Mar 2003 - GRAYCON - City of Industry, CA

May 2004 Controller – Responsible for all aspects of Finance/Accounting, including preparation of P & L statements, budgeting, forecasting, supervision of A/R & A/P, G/L, inventory control and payroll.

July 1996 - SO. CALIFORNIA A/C DISTRIBUTORS, City of Industry, CA

Mar 2003 Director of Credit - Responsible for all aspects of Credit department operation,

including supervision of staff. Analyzing the accounting function and

implementing new controls and procedures to increase efficiency and

profitability. Monitoring cash posting functions and making all credit decisions

for $250M company. Special projects.

April 1989 - INLAND HEATING & AIR INSTALLATION, Corona, CA

July 1996 Controller – Responsible for administration and management of all Finance/Accounting functions. Emphasis on budgeting/forecasting and improvement of internal controls. Management of investment accounts. Credit and customer relations. Involvement in sales and marketing effort for the company. Notable achievements: Upgrade of computer software system; streamlining accounting & company-wide operations increasing productivity and profitability; negotiated refinancing for company resulting in substantial interest savings; established new lines of credit to utilize funds for cash discounts with vendors thereby increasing profits.

Jan 1992 - SEA AIR INLAND HEATING, Corona, CA

Nov 1994 Financial Consultant/General Manager - Overall responsibility for operation of company and its subsidiary in Palm Desert. Was hired to revive failing company with extensive financial and management problems. Succeeded in stabilizing and revitalizing the company.

EDUCATION

City of London Polytechnic

A.C.A. Certified Accountant (BS) – Major Accounting/Financial Management

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