Accounting Human Resources
Resume:
ROBERT M. HORSTMAN, CPA
Phoenix, Arizona 85028 ***@*****.***
FINANCIAL MANAGEMENT
Highly accomplished Chief Financial Officer and Controller with 30 + years of financial accounting and leadership experience. Hands-on manager with expertise in accounting, general ledger, financial reporting, budgeting and cash flow management. Also, responsible for supervision of Human Resources, Purchasing, Shipping and Receiving.
Financial and strategic planning P&L management
Operating and working capital Taxation and auditing
Budget development and management Merger and acquisition negotiations
Cash-flow management and modeling Business valuations
Banking Relationships Interdepartmental coordination
Risk Management Attorney Liaison
EXPERIENCE
Yandy, LLC Phoenix, AZ 04/06-02/17
Industry: Retail Privately held online retail lingerie, costumes.
Controller
Responsible from the formation of the business financial reporting, budgeting, forecasting, report analysis, banking relations, cash flow, A/P, payroll, Human Resources, Employee Benefits.
Working with the owners facilitated the very profitable sale of the business.
Part of the key management team that grew the business from zero to a major company in the
online retail lingerie and costumes industry.
Proposed profit sharing/401k plan benefit to owners, researched plans, secured IRS approval,
and filed the annual tax returns.
Assumed fiduciary responsibility for profit sharing/401k plan as administrator.
Other than normal accounts payable, grew the company with minor financing in
the early formation and in later years remained debit free.
Initially served on the Board of Directors.
COBB INTERNATIONAL, INC. Chandler, AZ 07/95-03/06
Industry: Aerospace Privately held kit helicopter manufacturing company.
Chief Financial Officer
Controller
Responsible for all financial reporting, budgeting, forecasting, report analysis, banking relations and cash flow. Supervised A/R, A/P and payroll personnel. Oversaw Human Resources, Employee Benefits, Purchasing, Shipping, Receiving and Transportation departments. Supervised, trained and evaluated a staff of eight. Maintained employee manual, responsible to ensuring company compliance. Managed all employee benefit plans. Responsible for employee hiring, discipline, terminations. Responsible to inventory and product costing.
Extensively researched options to buyout former owner, analyzed tax consequences, and procured financing for employee buyout. Explained the ESOP benefits to all involved parties.
Proposed 401k benefit to board, researched plans, secured IRS approval, persuaded employees to join, and filed the annual tax returns.
Managed banking relations, insured company met loan covenants, and invested excess working capital.
Implemented cost savings through financial systems, corporate policies, operational procedures and cash flow that impacted both growth and smooth daily operations.
Exceptional communication skills including the ability to thoroughly explain and demonstrate financial theories, policies and procedures to non-financial managers, clerical staff and shop floor personnel.
Served on the Board of Directors’. Assumed fiduciary responsibility for ESOP as Trustee.
McKNIGHT & BARNES DEVELOPMENT, INC. Phoenix, AZ
Industry: Construction A homebuilder and developer. 11/94-7/95
Controller
Responsible for financial reporting, budgeting, bank financing and monitoring construction funding.
Implemented Peachtree accounting and costing system, including profit and loss by housing unit. Prepared monthly financial statements. Maintained banking relationship.
Filed liens and releases. Managed cash flow.
MAY & RAYFIELD, LTD, Long Island, NY
Industry: Accounting Services A diversified accounting and tax company. 08/83-07/94
Tax & Accounting Manager
Provided bookkeeping, accounting, financial advice, tax planning and preparation to various clients.
Filed tax returns for individuals and corporations, including state, local, federal, payroll, sales tax and personal property tax.
Fulfilled Interim Controllership functions on an emergency basis.
Succession planning for business owners. Contract review and negotiation for the sale and purchase of various businesses.
Negotiated and completed the purchase and sale of a number of businesses.
INCO LIMITED, (Vale Corp) New York, NY
Industry: Mining Worldwide nickel mining company. 01/72-01/83
Special Projects Treasurer/Secretary
Supervisor -Corporate Budgets Dept.
Prepared complex draw allocations for a $100 million international ocean mining joint venture.
Implemented inflation accounting reporting requirements corporate wide. Reviewed and evaluated the impact of new accounting and SEC rules/regulations.
Reported on legislation and proposed accounting changes. Provided recommendations for compliance to upper management.
Prepared corporate wide standard procedures of instruction regarding accounting and financial reporting.
Special project accountant for oil drilling ventures in Guatemala and Belize.
LICENSE and EDUCATION
Certified Public Accountant (CPA) State of Arizona
Long Island University, Brooklyn, NY, Graduate level accounting courses.
Bernard M. Baruch College, New York, NY, BBA Accounting
Up to date on required CPA Continuing Professional Education
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