WILLIAM M. LOCRICCHIO

**** ******* ***** *****: ac7x8p@r.postjobfree.com Residence: 248-***-****

Troy, Michigan 48085 Cell: 248-***-****

CAREER SUMMARY

An experienced corporate/law firm manager with an accounting/tax/human resource background. Proven ability to lead and work effectively with other departments to improve the efficiency and profitability of the organization. Recognized for analytical ability, attention to detail, sound business judgment and effective people skills.

EXPERIENCE AND ACCOMPLISHMENTS

BROOKS KUSHMAN, P.C., Southfield, Michigan 2009 to 8/2018 Executive Director

Directed the overall administrative operations for an 85 attorney Intellectual Property law firm. Reported to a 10-person Management Committee.

Transitioned the firm to a Microsoft Windows computer environment including Office.

Recruited all new hires and instituted a detailed two-day new-employee on-boarding process.

Hired and trained new non-attorney directors (Marketing and HR) as the firm grew.

Designed space saving options and coordinated a $2.5 million-dollar renovation project.

Developed new monthly financial reports that could not be produced by Elite.

Reduced expenses by over $500K by replacing vendors and renegotiating contracts.

Prepared agendas and materials for Management Committee meetings and drafted minutes.

Planned, developed and monitored the firm’s five-year strategic plan. HURON CONSULTING GROUP, Troy, Michigan 2006 to 2009 Consultant

Worked at Delphi Corporation during their bankruptcy on accounts payable and accounts receivable issues.

Reconciled vendor claims against the books and records of the company’s various divisions.

Significantly reduced the company’s total bankruptcy liability exposure.

Liaison between division personnel and outside vendors and attorneys.

Key analyst on a lawsuit against Delphi. Participated in deposition and court hearing in New York. KOTZ, SANGSTER, WYSOCKI & BERG, P.C., Detroit, Michigan 1996 to 2006 Chief Financial Officer/Office Administrator

Reported to Management Committee with responsibility for all accounting, finance, tax, treasury, human resources, technology and overall administrative operations for a corporate law firm. Also involved in client accounting and tax issues.

Supervised 30 staff employees, including paralegals and legal assistants.

Created a monthly economic management report that included current data and historical comparisons.

Streamlined the monthly billing process to efficiently handle the 125% increase in billings.

Developed a billing reporting system that increased the billing realization rate by over 12%.

Reduced discretionary company expenses by 9% through increased efficiencies and vendor negotiations.

Increased standardization by implementing an employee procedure manual and personnel manual.

Updated company technology including computers, software programs, copiers, scanners, etc.

Implemented an employee cafeteria plan along with new employee benefits, including a profit sharing plan.

Analyzed various income/property/estate tax issues and proposed practical solutions to firm clients. HOUSEHOLD LIFE INSURANCE CO., Farmington Hills, Michigan 1983 to 1996 ALEXANDER HAMILTON LIFE INSURANCE CO., Farmington Hills, Michigan A $7.5 billion subsidiary of Household International. Top 50 U.S. stock life insurance company. Controller/Treasurer (1995 to 1996)

Reporting to CEO with responsibility for all accounting, financial, tax, treasury and administrative functions for five consolidated legal entities. Managed a staff of 16 professionals.

Established the initial finance/accounting functions after the sale of parent company; established new banking relationships and installed financial system software.

Achieved a $100,000 budget savings through consolidation and outsourcing.

Directed the development and implementation of a new client-server general ledger and financial information system that significantly enhanced the effectiveness of the monthly reporting process.

Evaluated and recommended $40 million of additional capital to maintain an “A” rating.

Established procedures and controls to comply with the monthly and quarterly contract requirements with the former parent company. Reduced monthly payments by $50,000.

Successfully negotiated audit settlements with the Michigan and Canadian Insurance Departments. Director of Taxation (1993 to 1995)

Responsible for developing and implementing major federal tax planning concepts, ensuring compliance with all taxing jurisdictions, and analyzing the tax consequences of proposed federal and state tax legislation. Coordinated Internal Revenue Service audits and state income tax audits. Assistant Vice President, Tax Planning and Compliance (1989 to 1993) Responsible for reviewing and preparing federal, state and local tax returns, including Canadian returns.

Successfully settled three IRS audits. Increased GAAP income by $21 million.

Computerized the tax function by using both vendor purchased and internally developed software.

Implemented FAS 109 (accounting for income taxes).

Identified a use tax provision that had a one-time tax savings of $94,000, yearly savings of $10,000.

Developed a non-qualified deferred compensation plan for independent agents.

Obtained a tax change in California with a tax savings of $1.5 million per year.

Collaborated with Michigan Insurance Commissioner on proposed tax legislation. Manager, Tax Compliance (1987 to 1989)

Responsible for all international, federal, state and local taxes.

Filed suit against the State of Michigan on the interpretation of the Single Business Tax. Saved company $2 million per year in taxes.

Designed and implemented a program to recoup taxes from reinsurers. Total savings of $600,000. Senior Tax Analyst (1983 to 1987)

GREAT LAKES CONTAINER CORP., Pontiac, Michigan 1981 to 1983 Producer and re-conditioner of 55-gallon steel drums. Plants located in six states. Plant Controller (1983)

Responsible for all financial and accounting functions of the division. Prepared financial statements, supervised accounts payable and receivable, calculated monthly inventories, and developed budgets.

Reduced the monthly close process by two days and increased cash flow by improving collections. Internal Auditor/Staff Accountant (1981 to 1983)

Managed the closing of a division, including all inquiries from customers, vendors and regulators. AMERICAN FELLOWSHIP MUTUAL INSURANCE CO, Southfield, Michigan 1978 to 1981 Assistant Controller

EDUCATION

Masters, Taxation, Walsh College, Troy, Michigan. 1985 BA, Accounting, Michigan State University, East Lansing, Michigan. 1978 PROFESSIONAL AFFILIATIONS

Association of Legal Administrators

The Financial Executives Networking Group

Fellow Life Management Institute (FLMI) Certification

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