Controller, Accounting Manager

Glen J. Ruffino

* ****** ***** *****, ******, NJ 07430

Cell: 201-***-**** Home: 201-***-**** ********@***.***

Performance Profile

Detailed oriented problem solver with excellent analytical strengths and a track record of optimizing productivity, controlling costs and increasing profit contributions. Highly motivated and goal oriented.

Outstanding leadership skills and team building

Known as a leader who stresses a commitment to excellence

Integrity, with expertise in GAAP Financial Reporting

Budgeting both Operational and Capital Planning

Internal Cost Controls, Development of Project Cost Reporting

Cash Management, Accounts Receivable and Payable

Corporate Income Tax and Sales Tax Preparation

Compliance, Sarbanes Oxley, Government Contracts

Professional Experience

This role is responsible for identifying opportunity and mitigating financial risk, while partnering with the leadership of the business to drive profitable growth.

This role is responsible for the day to day management and leadership of the corporate accounting department.

Assistant Controller 2013 - 2017 Pinnacle Wireless

Managerial Leadership over 4 direct reports.

Developed monthly P&L Statements, Actual Expense to Budget analysis, Cash Flow Statements and Projections according to GAAP.

Developed Annual Operating and Capital Budgets.

Partnered with Operations, Manufacturing, Engineering, and Sales by leading a weekly dashboard financial review for Project Managers, which detailed Project Actual Cost Vs EAC and ETC Projections, Revenue on a Percent of Completion Basis, and the resulting EBITDA.

Reviewed Project Contracts and Developed Statement of Values and Billing Models based on Percentage of Completion or Milestone Billing Basis for each contract.

Participation in Internal audit reviews, Government Cost Report audits, and the Annual Financial Audit with E&Y.

Lead AR collections through contact with customers as well as contact with AP Vendors as to cost and payment negotiations.

Controller 2009 - 2013 Care-One LLC

Managerial Leadership over an accounting staff of 10 Accounting Professionals (degreed accountants and CPAs) to provide General Accounting support to 70 Skilled Nursing Facilities and Assisted Living Facilities with annual revenues of $1 billion.

Review journal entries, AP and Payroll interface to the General Ledger, and Balance Sheet analysis and reconciliations.

Support executive management by reviewing and analyzing monthly Consolidated Financial Package including P&L reviews, Expense vs. Budget Variance Analysis, and Executive EBITDA Summary Reports.

Develop Policies and Procedures with the objective of standardizing a “Best Practices” methodology throughout all regions.

Participation in Internal audit reviews, Cost Report Audits and the Annual Financial Audit.

Glen J. Ruffino Page 2

Accounting Manager 2005 - 2009 Allied Home Mortgage

Prepare Monthly and Annual Financial Statements and Financial Analysis in accordance with regulatory requirements for this $ 25 million branch office.

Drive daily and monthly projections on Profitability, Cash Flow, Productivity, and Asset Management. Implement changes to improve profitability and cash flow.

Drive the preparation, analysis, and presentation of Annual Budgets for each profit center.

Achieved the origination of $20 million of financing through the development of banking relationships and the use of corporate provided Lead Programs.

Manage Accounts Payable and Receivables and negotiate vendor accounts.

Regional Controller 1999 - 2005 Medical Resources Inc.

Accounting support for 40 Outpatient Imaging Centers in the states of New Jersey, Pennsylvania, and Florida with annual revenues of $250 million. Achieved an improvement in profitability of each center every year.

Reported directly to the CFO. Prepared, analyzed, and presented monthly, quarterly and annual Consolidated Financial Statements to Executive Management. Reports were prepared in accordance with US GAAP and SEC reporting regulations.

Identified developing issues and supported an environment of best practices and continuous process improvement. Implemented these changes to improve profitability and cash flow of each profit center.

Prepared, analyzed, and presented Annual Budgets for each profit center. Prepared the Capital Expenditure Budget of $35 million.

Developed a profitable model in dealing with insurance company Capitation Programs. Negotiated new Capitation contract, which resulted in an increase in Revenue of $10 million.

Identified potential acquisition targets and prepared analysis for decision to acquire new business locations. Oversaw the merger of the acquisition and directed the new Partnership Management.

Directed two Accounting Managers with eight Staff Accountants.

Maintained a positive relationship as the Management Representative to external audit team. Worked directly with the Ernst and Young Manager and Audit Staff.

Finance Chair Member of Compliance Committee and oversaw Regulatory Reporting and Sarbanes-Oxley compliance.

Glen J. Ruffino Page 3

Corporate Controller 1996 - 1999 Jencraft Corporation

Responsible for all financial aspects of this $100 million Manufacturer

and importer of home furnishings.

Reporting directly to the Owners, prepared daily and monthly reports on Profitability, Cash Flow, Productivity, and Asset Management.

Managed a professional staff of five: Cost Accounting Manager, Plant Controller, Credit Manager, Payroll Manager and Import Manager.

Prepared the Monthly and Annual Financial Statements, including Balance Sheet, Income Statement, Cash Flow, and analytical comments.

Developed and implemented Operating Budgets for the Corporate Facility, Manufacturing Plant, and Warehouse Facilities.

Analyzed all Manufacturing costs of a $50 million plant located in Mexico. Daily cash flow analysis as to its inventory requirements on a JIT system.

Negotiated a $25 million Line of Credit with The CIT Group and was the contact person on all banking relationships.

Manager, Financial Analysis 1993 - 1996 Merck-Medco Managed Care Inc.

Corporate Controller 1989 - 1993 Custom Aircraft, Inc.

Director of Finance and Administration (Promotion from Controller)

1985 – 1989 Primex Plastics, Inc.

1983 Graduate St. Thomas Aquinas College Sparkkill, NY

Bachelor of Science: Accounting

Hagan Business School Iona College Rochelle, NY

Master of Business Administration Program

Computer Skills

Advanced Office (Excel, Word, Power Point), Oracle, Pros, Hyperion, Quick Books, ADP Payroll/Tax Reports.

References

Business and Personal references available upon request.

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