Corporate Manufacturing CFO/Controller
Resume:
Michael Pubillones, CPA
Coral Springs, FL 33071
305-***-**** ********@******.***
Experienced CFO with proven record of establishing cross-functional partnerships to deliver ultimate financial results. Energetic and meticulous leader driving operational performance through key budget review and performance indicators across all company departments in order to streamline, reorganize, and allocate resources appropriately to maximize financial returns of the company.
Professional Experience
Blue Ring Technologies – Davie, FL Financial Consultant (April 2017 – current)
Commercial insurance negotiations
Inventory control and management
Project management and financial analysis
Capital equipment procurement
Vendor contract negotiations
Revenue cycle restructuring and optimization
Operating agreement structuring
Fifty Door Partners, LLC – Miami, FL Chief Financial Officer (Jan 2016 – Feb 2017)
(Acquired Ampco Products on January 1, 2016)
Selected as CFO after acquisition of Ampco to consolidate finance and accounting departments of the merging companies while bringing timelier reporting of company performance as a whole and various product lines while still operating in two separate software systems.
Implemented an annual budget which provided the needed trends, variances, and key indicators needed to make proactive decisions by executive management.
Implemented inventory controls that led to quarterly physicals, monthly cycle counts, creation of bin locations, improved purchase order requirements, mandatory material receipts protocol and cut offs, which resulted in optimizing target inventory quantities needed to meet operational goals.
Improved banking relations with banks by providing financials, covenants, and borrowing base reporting on time as required by line of credit guidelines. Managed planning of banking field examinations and year end CPA review or audit.
Negotiated commercial package insurance and health insurance policy for the company while in the midst of various warehouse closings and centralizations in order to provide the needed coverage and savings required.
Restructured credit policies and collection guidelines of the combined companies optimizing the account receivables needed under line of credit advance rate in order to provide operations with right funding. Recommended final write offs of receivables to CEO for final approval.
Ampco Products, LLC – Miami, FL Chief Financial Officer (Jan 2009 – Dec 2015)
Resuscitated company out of brinks of bankruptcy in 2009 in the midst of a recession by streamlining cost, centralizing operations, closing non-performing business divisions.
Collaborated with company software programmer in the formulation of new perpetual inventory general ledger posting process that led to more accurate monthly financials by reducing the monthly inventory variances that previously where only reconciled at quarter end where physical inventory was taken.
Restructured credit policy and collection protocol that led to 20% improvement in collections and reduction of write offs.
Coordinated analysis that led to closure of Morristown, TN facility in 2012 and centralization of its manufacturing operations to existing facility in Miami, FL. Both territories were encroaching on each other sales and overall reduced overhead led to better financial performance for the company.
Collaborated with Human Resource in switching to Professional Employment Organization (PEO) which saved the company substantially in health coverage while providing better benefits to employees.
Managed the financial due diligence in presentations and meetings with management and counsel of acquisition group in the fall of 2015 that resulted in sale of Ampco to Fifty Door Partners on January 1, 2016.
Ampco Products, LLC – Miami, FL Controller (July 2002 – Dec 2008)
Prepared monthly borrowing base calculations with respect to current line of credit borrowing eligibility including forecasting eligibility of future months based on sales budget, collection trends, and inventory trends.
Prepared and review annual budget with management.
Prepared or reviewed monthly journal entries and supporting balance sheet schedules before finalizing monthly financial statement package.
Supervised accounts payable department by approving weekly cash disbursement, and negotiated discounts, rebates and terms with vendors.
Supervised accounts receivable collections and negotiated settlements on past due accounts.
Managed and coordinated quarterly physicals with general managers for each warehouse including review and analysis of variances.
Prepared or reviewed sales tax return for all our locations.
Develop product line margin and profitability reporting and analysis.
Commodore Aviation, LLC – Miami, FL Accountant & Financial Analyst (Feb 2001 – Nov 2001)
Month end and Year-end Financial statement and schedule process.
Sales project contract bid preparations & forecast.
ExecuTrain of Florida – Miami, FL Senior Accountant (Aug 1998 – Aug 2000)
Month end and Year-end Financial statement and schedule process.
Preparation of payroll taxes, sale taxes, and tangible tax returns.
Oversight of capital and operating leases.
Franchisee reports preparation.
Dennis J. Chin, CPA – Miami, FL Accountant (Oct 1995 – May 1998)
Corporate compilation and review engagement preparation.
Preparation of payroll taxes, sale taxes, and tangible tax returns.
Consulted with clients in set up and training of Quicken and Quick Books program.
Education and Credentials
Masters of Accounting – Florida International University, 1997
Bachelors of Accounting – Florida International University, 1995
Certified Public Accountant – License # AC0030732 – Florida
Microsoft Office: Excel (Pivot Tables & lookups); PowerPoint
Bilingual in English and Spanish
Contact this candidate