Karl A. Hazen, CPA, MBA

Parrish, FL *****

609-***-****

ac9sod@r.postjobfree.com

www.linkedin.com/in/karl-hazen-5a324512

PROFESSIONAL SUMMARY

Worked for small and large companies preparing Form 10-K, 10-Q financial documents, including tables, footnotes and MD&A. Researched and applied U.S. GAAP and IFRS to financial statements. Managed financial reporting, budgeting, accounts payable and payroll. Prepared ad-hoc reports for stock option compensation and pension and post-retirement benefits.

PROFESSIONAL EXPERIENCE

Skills: Advanced Excel, SAP, HFM and SmartView and Wdesk.

MetLife, Inc. (2015 to present)

MetLife is one of the world’s largest leading financial services companies, provider of insurance, annuities and employee benefit programs.

SEC Reporting Manager:

Filed Forms 10K and 10-Q, and required state filings, including footnotes for separate entities with a consolidated revenue of $68 billion and consolidated assets of $687 billion.

Managed a staff to prepare and file 3 separate subsidiaries of MetLife Inc.

Prepared detail review of consolidating and consolidated financial statements and footnotes.

Incorporated complex topside entries for the financial statements and rolled equity.

Prepared Disclosure Checklist and analyzed new GAAP pronouncements (i.e. ASC 606 Revenue Recognition) and applied to Note disclosure.

Coordinated Appendix A – Management Rep Letters with company officers.

Reviewed footnotes and MD&A for SEC entities – METLIFE, Inc. (“MLINC”) and Metropolitan Life Insurance Company (“MLIC”).

Researched Current/Future GAAP pronouncements

Cleared Legal, Technical Accounting Group and Audit comments

Specialized in Derivative Accounting

Finalized in XBRL taxonomy tags

Ranbaxy, Inc. (a Sun Pharma Company) (2012 to 2015)

Ranbaxy is an integrated, research based, international pharmaceutical company producing a wide range of quality, affordable generic medicines. In 2015, consolidated revenue was $608 million, including five (5) U.S. entities located in Princeton and New Brunswick, New Jersey and Jacksonville, Florida. Ranbaxy, Inc. is a U.S. wholly-owned subsidiary of Sun Pharmaceuticals Industries Limited (effective March 25, 2015). In the United States, Ranbaxy produces and distributes its portfolio of generic, over-the-counter (OTC), brands, and topical medication between $600 million and $1.0 billion annually.

Sr. Manager- Accounting and Financial Reporting:

Supervise Financial Reporting under IGAAP, UGAAP and IFRS formats in a SAP/BPC and EPM environment. Documentation includes creating mapping files between the Trial Balance and Financial Statements (the Pack), additional information and written explanation of operating and balance sheet variances. As a result, the company’s closing process has become more efficient- reduced closing period from two (2) months to three (3) weeks, including auditors’ sign-off and opinion letter for the financial statements.

Managed three (3) departments; Financial Reporting, Accounts Payable and Payroll with six (6) direct employees.

Prepare Finance Budgets; for the corporate office, manufacturing site and distribution center, including cash flows on a consolidated basis.

Oversee U.S. employees’ stock options for reporting, payroll and income taxes.

Manage the company’s insurance program for Product Liability, General Liability, Commercial Auto, International and Executive Risk with Marsh USA Inc., the company’s insurance broker.

Approve vendors and check payments, wire transfers through HSBC bank.

January 2008 to December 2011

Catalent Pharma Solutions, Inc.

The company is a leading provider of advanced drug delivery and packaging technologies and outsourced development, manufacturing and packaging services to the global pharmaceutical and biotechnology industry. Sales grew $1.6 billion annually through four business units, 24 facilities on five continents, including Asia, Australia, North and South America and Europe.

Manager- SEC Financial Reporting / Accounting Policy

Prepared 10-Q, 10-K and 8-K Forms, including calculations for all financial tables, footnotes and MD&A. Provide comprehensive analysis on interest rate swaps, including a self-designed model that calculates fair value for both swaps and debt.

November 2005 to December 2007

Lightstone Group, Inc.

The company’s portfolio consists of diversified properties in 25 states plus District Columbia and Puerto Rico, spanning excess of 12,000 apartments and more than 29 million square feet of commercial and retail space.

Controller

Controller of Commercial Properties for Prime Retail Group, Prime Managed Portfolio and Lightstone Commercial and Industrial Properties.

August 2003 to November 2005

Chelsea Property Group, Inc.

Chelsea Property Group operates as a real estate investment trust (REIT) that is primarily in the business of leasing, developing and managing 60 outlet centers in the United States, Japan and Mexico. In October 2004, the Company merged with Simon Property Group based in Indianapolis, Indiana. Chelsea’s net revenue was approximately $370 million in 2004.

Director of Financial Reporting

Responsible for SEC financial reporting requirements.

February 1999 to June 2002

Dow Jones & Company, Inc.

Dow Jones is a publisher of The Wall Street Journal and global provider of business and financial news and information. Company’s net sales are approximately $2 billion.

Manager, Financial Reporting

Responsible for the company’s external requirements, including the preparation of quarterly and year-end filings with the SEC:

February 1989 to February 1999

Florsheim Group, Inc.

Florsheim was a worldwide footwear industry leader in manufacturing, retail and wholesale operations, with corporate base located in Chicago, Illinois. Net sales were about $250 million.

Business Unit Controller, New Products

Managed financial and strategic planning for Joseph Abboud, a fashion designer and Hy-Test, a safety shoe division in New York, New York.

March 1985 to February 1989

Wells Lamont Corporation- Glove manufacturer and wholesaler, privately held company by the Marmon Group located in Chicago, Illinois.

April 1983 to March 1985

Hamilton Standard Controls- An electro-mechanical division of United Technologies, located in Logansport, Indiana.

EDUCATION

RUTGERS BUSINESS SCHOOL- The State University of New Jersey

Master’s in Business Administration (MBA)- Finance

University of Akron- Akron, Ohio

Bachelor of Science, Accounting

May 1983

CERTIFICATIONS & PROFESSIONAL MEMBERSHIPS

New Jersey CPA member - 2014

The Philadelphia Council for Business Economics – 2002

Certified Public Accountant- University of Illinois

Certificate No. 60,508 August 13, 1993

American Institute of Certified Public Accountants- 1994

Illinois Society of Certified Public Accountants - 1994

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