Accounting Financial
Resume:
CURTIS P. FOLIO, CPA
Prospect CT 06712
OBJECTIVES
A position as an Accounting and Financial Executive which will provide the
opportunity to contribute in both the operations and financial areas to
increase shareholder value.
QUALIFICATIONS
Experienced in all aspects of general, financial and cost accounting,
including GAAP, GAAS, acquisition analysis, financial statements, budgets,
forecasting and tax accounting. Demonstrated ability to manage operations,
control costs, and improve profitability.
PROFESSIONAL EXPERIENCE
CONTROLLER
Feb 2001 - Jun 2013
VEAM Division of ITT, Industries
Formerly a Subsidiary of Northrop Grumman; Watertown CT
Responsible for all financial functions, including general accounting,
budgeting, corporate reporting and cost accounting for division of large
defense contractor, having not only government, but also commercial
accounts.
CHIEF FINANCIAL OFFICER
Sept 1999 - Feb 2001
Erickson Metals Corp., Inc.; Cheshire CT
Responsible for all financial and accounting functions for an aluminum
service center with operations in Cheshire CT, Minneapolis MN and Denver
CO.
Responsible for all accounting and financial operations, including all bank
reporting.
CONTROLLER (SECRETARY/TREASURER) Sept 1992 - Aug 1999
Rafferty-Brown Steel Co., Inc.; Waterbury CT
Responsible for all accounting and financial operations for a steel service
center having operations in Waterbury CT and Greensboro NC. Major emphasis
on preparation of financial statements for reporting to foreign parent
corporation. Collateral responsibilities include risk management, human
resources, and non-steel purchases. Supervise a staff of four.
Completed conversion to new custom-designed computer system encompassing
standard costing and inventory control. Improved accounts receivable
turnover and cash management, resulting in significantly improved cash
flow, reducing the need for borrowing, and therefore increase
profitability.
CONTROLLER 1989 - 1992
Metcalf Paving & Fuels, Inc.; Southbury CT
Director the accounting and financial operations for a major road
reconstruction and fuel oil distribution company and subsidiaries.
Responsible for preparing all financial statements and tax returns,
developing budgets, conducting profit and cost analyses, forecasting cash
flow, managing payroll, accounts receivable, accounts payable, insurance
and bonding. Supervised a staff of five.
Converted manual accounting system to a custom-designed computerized system
to increase efficiency and produce improvements in costing, inventory
control, recordkeeping, and management reporting. Increased profitability
of paving operations by $400,000 by implementing a standard cost system to
improve bid preparation and control costs on state and municipal contracts.
Generated $150,000 in additional profits by recommending entry into asphalt
reclamation market after analyzing competition, equipment and costs.
CURTIS P. FOLIO, CPA
ASSISTANT CONTROLLER 1988 - 1989
Mestek, Inc.; Westfield MA
Directed the preparation and consolidation of corporate and division
financial statements, including tax returns and SEC reports, coordinated
annual audits, and assisted divisions in implementing cost accounting
procedures. Managed fixed asset accounting and perpetual inventory records
for all divisions. Conducted financial analyses for potential acquisitions
and plant closings. Implemented and maintained standard cost system by
product line to improve pricing decisions and profit margins.
DIVISION CONTROLLER 1984 - 1988
Vulcan Radiator, Division of Mestek; South Windsor CT
Managed the general accounting and cost accounting functions. Established
standard cost system for all products and developed labor and material cost
estimates on custom products. Worked with marketing and manufacturing
departments to establish trade prices and transfer prices between
divisions. Coordinated year-end inventory, determined inventory pricing,
and calculated LIFO reserve.
CORPORATE ACCOUNTANT 1983 - 1984
Rentown Corporation; Southington CT
STAFF ACCOUNTANT 1979 - 1980
Zucker, Pacowta & Company; Waterbury CT
EDUCATION
Certificate Wharton School of Business, University of Pennsylvania
Northrop Grumman Financial Management October 19, 2001
Certified Public Accountant
State of Connecticut
1985
Central Connecticut State University
New Britain CT
Bachelor of Science Degree in Business Administration
Graduated Magna cum Laude
1982
COMPUTER EXPERIENCE
Local Area Network with Clarion Software, Novell Operation System, Great
Plains General Ledger, Mapics on IBM System 36, BPICS on IBM AS400,
Hyperion Consolidation Software
Baan Costing & General Ledger Software
MILITARY SERVICE
United States Navy
Electronics & Nuclear Reactor Technician
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