Manager Accounting

Rocco P. Chiappetta CPA

Norwalk, CT *****

Cell: 203-***-**** Home: 203-***-****

****************@*****.*** / www.linkedin.com/in/rocco-chiappettaCPA

PROFILE

Certified Public Accountant with extensive experience delivering financial reporting for privately owned companies along with Big 4 audit experience. Skilled in general accounting and project management and experienced and knowledgeable in general ledger conversions, due diligence of potential acquisitions, opening balance sheet valuation, goodwill calculation and integration of newly acquired entities into the internal reporting infrastructure of parent companies.

EXPERIENCE

Hearst Communications Inc. / Pro Circ. LLC, New York, NY 2015 - Present

Consultant, Hearst Magazine Division

Performed due diligence functions on several acquisitions.

Worked with Hearst Service Center to integrate and transition into Hearst reporting infrastructure.

Assisted the external accounting firm to complete the closing balance sheet.

Assisted Ernst & Young to complete the valuation process and calculation of opening Goodwill balance.

Researched and reviewed applicability of new revenue recognition pronouncements (FASB, ASC 606 and 805).

Integrated principles into accounting policies of acquired companies.

Assisted in the completion of annual budget and current year’s forecast of revenues and expenses for the newly acquired division of Hearst Magazines (Pro Circ., LLC) a company that provides outsourced circulation and marketing services to external 3rd party clients.

Assisted in the shut down of the Rodale building and transition of numerous employees to the Hearst Tower.

Worked with building personnel to complete all shut down functions and prepared office space for showing to potential renters for the remainder of the lease period.

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Maxim Magazine, New York, NY 2013 - 2015

Accounting Manager, Finance

Prepared monthly Financial information for month end close report to headquarters.

Reviewed, recorded and reconciled newsstand sales and activity from national distributor.

Supervised staff members and ensured timely completion of month end and year end close.

Critical member of task force to convert General Ledger system from Oracle to Media Services Group (MSG).

Worked with offshore IT group to load in history into new GL system and trained staff.

Consultant, General Accounting 2012 - 2013

Completed several projects and job assignments on a per diem basis for several small businesses.

Worked for a Subscription agent in Westchester and upgraded accounting system and automated bank statement.

Hart Energy Publishing, New York, NY 2009 - 2011

Senior Financial Manager, Accounting Department

Reviewed revenue and expense cycle work flows and recommend process efficiencies.

Drafted accounting policy and procedures for revenue and expense cycles to document internal controls prior to the year-end audit.

Worked with operating groups to forecast balance of the year revenues and expenses.

Metro Newspaper, New York, NY 2006 - 2008

Senior Controller, Accounting Department

Re-engineered finance group, hiring new Accounting, A/P and Credit Managers.

Implemented and enhanced internal controls, policies and procedures to enable external

Auditors to complete a limited review of the financials.Worked with the new credit manager, implemented timely review of accounts receivable and reduced the Days Sales Outstanding by 10 days representing $2 million in cash receipts annually.

Hachette Filipacchi Media US, New York, NY 1986 - 2006

Senior Director, Circulation Services

Prepared revenue and expense budgets for 15 magazine generating $150MM in annual revenue and trade spend expenditures of $45M.

Monitored and re-forecasted balance of year expenditures and monthly variance analyses.

Generated supplemental reports for tax and French reporting packages. Ensured compliance with French Securities Law (equivalent of US Sarbanes Oxley).

2004 recipient of the Lee C Williams award presented annually by the Fulfillment Management

Association for outstanding contribution to the periodical publishing industry.

Director of Accounting 1983 - 1986

Promoted to direct operations and staff of 17 accountants to ensure timely and accurate recording of financial statements to meet corporate reporting requirements.

Participated in the due diligence review of Ziff-Davis acquisition. Teamed with external auditors to develop opening balance sheet and related acquisition reserves.

Manager of Compliance & Control/Accounting Manager 1978 - 1982

Performed compliance audits, created audit programs and manuals and conducted physical inventories annually

Assisted internal and external auditors in completing both financial and compliance audits

Performed work flows, documented internal controls and proposed enhancements

KPMG 1976 - 1978

Audit Senior

Participated in audits of small commercial engagements and financial institutions.

Assisted in the periodic audits of various clients as part of the KPMG audit team

Attended numerous company training programs and professional development initiatives

EDUCATION

Sacred Heart University, Jack Welch College of Business, Fairfield, CT May 1976

Bachelor of Science, Accounting

Magna Cum Laude

Certified Public Accountant (Active) – State of Connecticut: American Institute of Certified Public May 1980

Accountants, Connecticut State Society of Certified Public Accountant

Member of Financial Executive Networking Group 2006

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