Management Financial
Resume:
THOMAS E. MATTHEWS, MBA, CPA
Cherry Hill, NJ 08003
(609) 790 – 0810
******.************@*****.***
Executive Summary
Senior Level Executive with extensive hands-on experience in management, business leadership, and working with Banks and Attorneys. Ability to streamline business operations that drive growth and increase efficiency and bottom-line profit. Possesses solid leadership, communication, and interpersonal skills to establish rapport with all levels of staff and management.
Financial Reporting Bank Refinancing & Negotiations
Accounting Develop Internal Control Policy
Financial Planning Adaption of IT Financial Systems
Cash and Credit Management SEC Reporting & Consolidation
EXPERIENCE:
Robert Half Finance & Accounting September 2017- Present
Ascensus, Dresher, PA
Retirement Administration
Integration Consultant
Interact with integration management team to coordinate the acquisition of purchased companies
Perform due diligence
Develop opening financial statements
Execute monthly post acquisition financial statements
Assist in the transition of accounting systems
Monitor performance of new acquisitions
Docuvault Delaware Valley, West Deptford, NJ October 2015- May 2017
Document Storage
Chief Financial Officer
Spearheaded the effort to obtain a $12.5 million construction loan and conversion into long term financing
Directed the arrangement of a $4 million equipment loan in congruent to the building aforementioned
Direct and oversee all aspects of the Finance and Accounting functions of the organization
Ensure credibility of finance group by providing timely and accurate analysis of budgets, financial trends and forecasts
Provides executive management with advice on the financial implications of business activities
Oversee all bank activities including loan negotiations (building and assets) and financing
Review and evaluate all potential contracts
Champion Fasteners, Lumberton, NJ October 2014- September 2015
Stud Welding Manufacturer
Controller
Controller responsibilities included preparation of financial statements, cash management, forecasting, and budgets
Developed job costing tools to evaluate each manufacturing project and the necessary profit margins required
THOMAS E. MATTHEWS, page 2
Silvertop Associates (d/b/a Rasta Imposta) Runnemede, NJ April 2009 – September 2014
Sales of $20MM- Clothing Manufacturer
Controller
Controller responsibilities included preparation of financial statements, cash management, debt financing, forecasting, and budgets
Spearheaded the effort to refinance the company on three separate occasions over a two-year period to alleviate cash flow issues. Coordinating the use of financial consultants and several banks to obtain the ideal loan arrangement at the minimum cost. Borrowing availability was increased by 50% using alternative collateral methods while borrowing cost increased by only 15% annually
Exercised direction in the revamping of the payroll and employee benefits (medical and retirement). Acquiring separate service companies to perform each task and assuming the human resource coordinator position reduce cost by $150K annually
Developed job costing tools to evaluate each manufacturing project and the necessary profit margins required
Initiated and finalized the effort to reduce shipping cost by combining both the international and domestic efforts into a single agreement. Reduced latter cost by 15% annually
Acquisition and the adaptation of a new accounting system to facilitate the financial needs of the company (G/L, A/R, A/P, and Inventory & Financial Statements). The latter facilitated the expansion of business volume
Supervised a staff of twenty
The Rosen Group Inc., Cherry Hill, NJ January 2008 – April 2009
Sales of $4MM-Staffing Placement
Controller
Controller responsibilities included preparation of financial statements, cash management, debt financing, forecasting, and budgets
Restructured the payroll and billing functions. The accelerated billing process resulted in an improved collection endeavor and a more aggressive effort to clear aging receivables. The latter reduced debt by $250K annually as well as the cost to borrow
Day & Zimmerman, Philadelphia, PA May 2001 – January 2008
Sales of $600MM- Professional Staffing Service
Group Controller – Yoh Group
Controller responsibilities for all areas of corporate accounting procedures for 76 offices both domestic and foreign
Controller responsibilities included preparation of financial statements, cash management, debt financing, forecasting, and budgets
Perform due diligence on possible acquisitions. Instrumental in acquiring profitable additions
Supervisor of professional staff of nineteen
Extensive utilization of personal computers (SAP, Excel, Word)
Execute the final SAP adaptation to facilitate the corporation’s financial needs. The latter included the upload of financial history, constructing required program schedules and the establishment of current financial structure.
Integrated and restructured the corporate financial system, resulting in the elimination of two accounting positions and the decrease of one day in the monthly closing process, resulting in a cost savings of $250K annually
THOMAS E. MATTHEWS, page 3
MacSteel, U.S.A., Bensalem, PA September 1999 – May 2001
Multi-million $ Steel Industry
Controller & Director of Financial Reporting
Controller responsibilities included preparation of financial statements, cash management, forecasting, and budgets
CDI Corporation, Philadelphia, PA February 1982 – Sept. 1999
$1B-Engineering Staffing- Publicly Listed
Director of Financial Reporting & Assistant Controller
Responsible for the preparation of all SEC reporting requirements (10K and 10Q).
Prepared all three tier corporate consolidation, both foreign and domestic (internal and external).
Controller responsibilities in all areas of corporate accounting procedures
Responsible for all forecasts and budgets; cash management analysis; foreign currency translations; cost feasibility studies and special management projects
Prepared corporate taxes provisions.
Extensive utilization of personal computers (Excel, EDGAR, SAP).
Bank covenant review
Coordinated the centralization of the payroll systems resulting in a $300K savings per year
Streamlined the consolidating function resulting in a decrease of three days in the closing process
KPMG Peat Marwick, L.L.P., New York, NY and Phila., PA January 1978 – Feb. 1982
Supervising Senior Accountant
Preparation of financial statements, accompanying notes and supplementary information.
Determined compliance with FASB, SEC regulations and APB pronouncements
Handled the planning and implementation of audit objectives; evaluation of internal controls and preparation of related reports to senior management
EDUCATION:
Masters of Science in Taxation, Fox School of Business, Temple University, Philadelphia, PA
Masters of Business Administration in Accounting with a secondary concentration in Management and Finance, Fox School of Business, Temple University, Philadelphia, PA
Bachelors of Arts in Political Science, Temple University, Philadelphia, PA
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