Financial Analyst Accounts Receivable

HARVEY L. KORNBLITH

***** **** *****

Spring, TX 77379

Cell 281-***-****

**********@*********.***

A results oriented financial professional with a strong administrative background. Demonstrated success and strengths in operations and leadership. Special depth in accounting, process improvement, training and staffing, resulting in lowering costs, accelerating revenue, and improving profits. Aggressive problem solver and decision-maker with the ability to set realistic priorities.

PROFESSIONAL EXPERIENCE

ASSISTANT CONTROLLER CST PERFORMANCE PRODUCTS CORPORATION (FORMERLY CONLEN SURFACTANT TECHNOLOGIES 10/12 to 12/15

Prepared Personal Property Tax and Freeport Personal Property Tax Exemption certificates for newly formed company.

Assisted in the conversion from Quickbooks to SAP

Responsible for Treasury function preparing wire transfers and templates and cash application of Receivables

Backup for all Payable and Receivable activity.

Preparation of Recurring monthly Journal Entries.

CONSULTANT-FINANCIAL ANALYST 4/03 to 10/12

As an FDIC Security Clearance Contractor at the FDIC in Dallas, through Quantum Financial, worked as a Claims Representative determining the acceptance or rejection of Unsecured Creditors’ Proof of Claims against closed institutions.

Developed and wrote month end closing procedures for a $500M Texas Petroleum Chemical Company.

Reconciled and recovered in excess of $108k in overpaid Texas Severance Taxes also resulting in over $95k in Penalty and Interest being abated.

Evaluated the design and operating effectiveness of internal controls for Sarbanes-Oxley compliance through documentation and testing procedures at Ricoh Corporation.

Member of a team at the Mills Corporation assigned to resolve prior years (2003-2005) tenant/landlord dispute issues as they relate to annual True-Ups for Real Estate Taxes and Common Area Maintenance. Also reviewing over 6,000 lease abstracts to ensure the leases are properly set up in PeopleSoft.

Assisted in the implementation of establishing a Shared Service Cash Management function from an individual location function at The Mills Corporation in Arlington, Virginia.

Investigated supplier contract database in search of relevant journal entry support for the 2001 financial restatement at General Motors.

Assisted with month end close of a Canadian owned oilfield service company, including intercompany accounts among US, Canadian and South American divisions.

Reconciled Work In Progress accounts identifying those items not considered WIP under US Tax rules.

Recovered in excess of $50,000 in overpaid Use Taxes in California, Louisiana and Oklahoma.

Researched and corrected recording of intercompany sales to eliminate intercompany profit

Reconciled 24 State Income Tax and 8 Bank General Ledger accounts for company with mapping problems due to conversion from AS400/Legacy to SAP.

Project Accountant identifying costs and cost cutting measures for a drilling company refurbishing drilling rigs purchased outside the United States.

PAGE INTERNATIONAL COMMUNICATIONS, INC. 6/00 to 4/03

CONTROLLER

Implemented numerous cash flow improvement measures including utilizing lock box collections, increasing collection efforts, reducing days required to invoice from job completion by 70%, and negotiating extended payment terms and discounts with vendors.

Initiated aggressive collections efforts resulting in a reduction of 90-120 day “Past Due” receivables from 12% to less than 5%

Reduced time required for monthly closing by 70%.

Audited and negotiated landlord CAM, property tax, and insurance costs, reducing charges 50%.

Identified areas of profit improvement through financial statement analysis

Spearheaded accounting system upgrades to include job costing, data collection, purchasing, A/R, A/P, G/L and Change Order modules.

CONSULTANT-FINANCIAL ANALYST 9/97 to 6/00

Recovered in excess of $4 million for mid sized oil and gas company, through thorough analysis of Purchase/Sales agreement settlement statement for pre and post effective date charges

Review of revenue and liability account balances prior to system conversion revealed over $150,000 in unbooked revenue for an oil and gas company with offshore properties

Upgraded rollup worksheets, reducing financial statement preparation time by 50% for a NYSE company with seven operating units

Leader of ten person staff in performing account reconciliations for the Shell, Texaco and Aramco alliance

TEXAS PETROLEUM INVESTMENT COMPANY 12/96 to 8/97

MANAGER OF FINANCE AND ADMINISTRATION

Reduced financial statement preparation and joint venture billings cycle time from 6 and 5month lags to current

Audited Purchase and Sale Agreement settlement statement resulting in 25% savings on acquisition cost

Negotiated new communications and supplier contracts resulting in $50,000 annual savings in General and Administrative costs

Implemented lock box procedure to improve cash flow and reduce loss exposure

PINNACLE NATURAL GAS COMPANY 4/96 to 12/96

INTERIM CONTROLLER

Managed accounting activities related to buying and transporting gas including revenue calculations, payment calculations in accordance with contract terms, Texas severance tax reporting, review of system profitability and maintenance of computer operations for accounting/reporting

Prepared Financial Statements for management, bankers and investors to include compliance with lending covenants

Direct Human Resources and Risk Management activity to include interviewing, negotiating health and benefit plans, overseeing payroll and negotiating property and casualty insurance

ANADARKO PETROLEUM CORPORATION 1/94 to 4/96

ACCOUNTANT

Managed and reported accounting activities of plant, pipeline and well equipment for the Midland, Oklahoma City, Rocky Mountain and Offshore Divisions

Assisted with system conversion to Excalibur software

Reconciled $16 million in gas accounts receivable for overpayment, shortages, amounts due third parties and write-off

CONSULTANT 8/88 to 12/93

Performed financial analysis and audits

Prepared acquisition settlement and recovered in excess of $800,000 in overpayment for purchased properties.

Assisted in the system conversion and reconciliation of balance forwards of a service/management company resulting in the recovery of $291,000 in past due receivables

Identified and recovered over $250,000 in overpayments to joint interest and participant owners of an oil and gas company

Performed expense audits resulting in the recovery of over $1 million in overcharges to three separate clients

Clients included: UPRC, Sandefer Oil and Gas, Equinox Oil, Mobil Oil and the Resolution Trust Corporation

ACCESS ENERGY CORPORATION 12/87 to 8/88

DIVISIONAL CONTROLLER

Analyzed 50 gas pipeline systems recommending liquidating the assets of the division

Initiated Accounts Receivable reconciliation on a monthly basis to determine if past due accounts were collectable or should be sent to third party

Managed office expenses resulting in annual savings of $20,000 in G&A expenses

EDUCATION

University of Houston - B.B.A. Degree

CERTIFICATION

Certified Public Accountant –State of Texas 1982

SOFTWARE

PeopleSoft/JD Edwards Microsoft Products Printcafe (PSI)

Excalibur Macola OGSYS Quickbooks SAP

Contact this candidate