Accounting Manager/Controller/CFO
Resume:
John R. Gabbel
**** **** **** **** *, Lakeland, Florida 33813
ac8olm@r.postjobfree.com
As an integrity-driven CFO and Finance Manager, I want to utilize my past experience to insure accurate financial reporting, recommend and implement wise financial decisions and motivate management to increase profitability and growth for the company.
Skills Summary
Cost Accounting and Management Business Strategies
Financial Reporting Develop/Maintain Banking Relationships
Forecasting and Budgeting Payroll and Human Resources
Cash Flow Projection and Analysis Audits – Accountable to external auditors
Analyze Key Performance Indicators Corporate Tax Return Preparation
Career History
S & J Sports, Inc. Lakeland, Florida July 2016 – February 2019
$11M New & Used Sports Equipment Retail Stores
Chief Financial Officer (CFO)
As CFO, I came into the company at a time that it was struggling in many areas – declining sales and profits, negative cash flow and stores were being sold or closed. Past due amounts to vendors and other operating expenses exceeded $300K. There were 17 active stores when I began employment and the store count has been reduced to 4 as of January 2019.
Review monthly individual store/consolidated income statements and balance sheet, track open to buys, maintain product line levels of inventory on hand including seasonality so as not to over or under buy, daily cash flow analysis, selection of vendors to pay, negotiate waiver of vendor late payment and freight charges, prepared and filed monthly store locations and consolidated sales tax returns to Florida Dept. of Revenue. Maintain bank relationship – Line of credit, monthly borrowing base certificates and required bank covenant ratios. Supervise 2 accountants, prepare month end close journal entries, record capital gains/losses upon sale or closure of stores, annual budget, maintain depreciation and amortization schedules, prepare and submit reconciliations and spreadsheets annually to outside CPA firm to prepare compilation and corporate income tax return.
Annual review of commercial/liability/auto group health, worker compensation insurances – gathering quotes and involved in final selection. Review store leases, sales agreements. Calculated annual bonuses to regional managers, price of stores to be sold, trustee for 401(k) plan.
Accomplishments:
Cash Flow – Ability to operate and maintain in negative cash flow environment
Worked closely with CEO to manage company in positive direction by reducing expenses over 5%
Time/Schedule flexibility - Working at warehouse to stage palletized new product for distribution, load and unload delivery trucks, driving forklift, on road driving box truck to deliver product to retail stores
Used Truck Salesman – Showed & Sold unneeded box trucks and forklift
Amherst Consulting, LLC Orlando, Florida August 2014 - July 2016
$2M Engineering Firm – Specializing in airports
Finance & Office Manager
As the sole accounting and human resources employee, I maintained all accounting transactions (including account receivables and payables) bi-weekly payroll and HR activity – personnel files, new hires and terminations, government forms and documentation, compensation changes, reviews, benefit choices, company issued property, employee office building key cards/parking garage stickers and posting of government required information posters.
Responsibilities included review and maintaining of client and sub-consultant agreements, secure Certificate of Insurances from sub-consultants, set-up airport projects by phases in computer system, annual budget review and projection, monthly/weekly cash flow analysis, client invoicing, bank reconciliations, weekly finance meetings with company president – discuss/review cash flow, abnormal cash expectancies, ideas/decisions relating to profitability and growth, review monthly financial statements (Balance Sheet & Profit and Loss Statements) sighting budget variances and comparing to industry standards (ratios and percentages). External annual CPA Audit, followed by compiled year end work papers, reports and reconciliations to prepare corporate federal corporate income tax return.
Accomplishments:
Full charge of relocating existing Lakeland office to new location that was totally gutted – scheduled cabling for phone/data lines, internet/phone hook-up, furniture delivery, IT hardware installation and kitchen set-up
Meetings to resolve problems, share ideas and work on goals and vision for the future of the company
Coordinated annual audits 2013 – 15 with external auditors providing procedures, reconciliations, explanation of variances and documentation as requested
Madden Corporate Services, Inc. Lakeland, Florida October 2007- August 2013
Multiple Divisions: $5.5M T-Shirt printing & embroidery plus promotional products
Accounting Manager
As a member of the Management Team, I contributed ideas for growth, profitability, efficiencies, time savings and procedures. Developed and implemented procedures to improve internal communication and procedures between departments.
Effectively trained and supervised accounting staff of three, fostered positive problem solving skills. Hands-on administration of collections of past due customer accounts, authorized bank line of credit activity and reporting, monitored and improved cash flow, prepared monthly financial statements - departmental and consolidated - including performance charts, production department direct/indirect/overhead cost comparatives.
Assisted in decision making for fixed asset purchases (comparative shopping), prepared related depreciation schedules, filed monthly Sales & Use Tax Returns, responsible for balance sheet, income statement and accounting department reports, evaluated and validated materials, work-in-process and finished goods inventory balances at month end, analyze actual manufacturing costs and prepare monthly reports comparing standard costs to actual production costs, maintained compliance with contracts and agreements.
Accomplishments:
Took personal charge of treasury functions of the company, implementing analysis and projections to stabilize and increase cash flow
Reduced Expenses 2.8% overall increasing profitability.
Increased the Accounting Department’s visibility throughout the company by:
Organizing and conducting meetings with department managers to explain the accounting department’s role throughout the company and stressing the following: document flow (designed flow charts), striving for excellence, adherence to company policies and procedures, containing costs and expenses (teaching stronger awareness), departmental budget guidelines, and a team effort to be profitable as projected
Maintained bank relationship by administering Letter of Credit and reporting requirements.
Education
Bachelor of Science Degree in Business Administration Albuquerque Business College
Technical Skills
Microsoft Word Microsoft Power Point Data Pro
Microsoft Excel Sage Business Works Ajera
Microsoft Outlook ASI Profit Maker Turbo Tax
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