Mark A. Kraska, CPA

***** ****** *********, **** **

Cleveland, Ohio 44120

***/***-****

acemce@r.postjobfree.com

Financial and Accounting Management...General Management...Banking and Cash

Management Strategic Planning/Budgeting...Merger and

Acquisitions...Insurance and Risk Management

Tax and Regulatory Compliance...Information Systems ...Public

Accounting...Auditing

Background Summary

Successful senior-level business manager with extensive and varied

experience in accounting, financial and

general management, in both the corporate and public accounting sectors.

Demonstrated and proven ability to accept broad responsibilities with

positive results; improve operations, maximize profits and manage business

growth through cost reductions, financial management and internal controls.

Display a high standard of ethical conduct and respect to confidential

principles. Creative, resourceful and decisive with an excellent

understanding of the coordination required within a business to achieve

organizational goals.

Professional Experience and Selected Accomplishments

DRC Acquisitions, Inc. DBA The David Round Company

Streetsboro, Ohio

Controller - Interim

2013

Reporting to the President of the company; perform monthly financial

closing, reporting and auditing functions; ensuring accuracy, integrity and

timeliness of financial statements. Working with ERP system; provide hands-

on leadership over the accounting and corporate reporting process. Interact

and provide financial reporting to bankers, outside auditors and taxing

authorities. Assist with the 5500 return compliance filing for the company

401(k) retirement plan. Reviewed company insurance coverage and exposure to

loss to ensure later is minimized; reported findings to the President.

Manage health benefit plan transactions and compliance procedures. Provide

assistance to manufacturing sales personnel.

Contract Project - City of Cleveland

Cleveland, Ohio

Consultant Auditor/Accountant

2012-2013

Assess compliance with division procedures by verifying financial accounts,

records and operating practices. Verify data by comparing and analyzing

items to documentation. Document audit test and findings; communicate audit

progress and findings to senior management; prepare audit reports.

Recommend changes in operation systems and control structure.

Tele-Communications, Inc.

Brook Park, OH

Chief Financial Officer (CFO)

1990-2010

Responsible for all activities related to Accounting, Treasury, IT, Credit

Banking, Strategic Planning and Financial Reporting for a privately held

telecommunications service company. As an officer of the company, directed

all the daily operations and ensured that sound business discipline was

observed in all functional areas. Based on demonstrated competence, duties

broadened to include risk management,

Mark A. Kraska, CPA...Page 2

Regulatory compliance assurance, real estate property management, tax

planning, human resources oversight and coordination of legal affairs.

Selected Accomplishments include the following:

. Led, through financial insight, to the development of the strategic plan

for the company, designed to achieve growth in a highly competitive

industry. Established annual business planning process to ensure goals

were identified, recognized and attained.

. Interpreted operating results and made specific recommendations that

resulted in cost reductions and/or profitability improvements. Directed

the company in a plan that reduced monthly SGA expenses by 25% while

maintaining projected gross margins.

. Preserved cash for operating needs while enabling competitive

compensation to a key employee by developing a new phantom stock plan.

. Implemented 401(k) and health/benefit plans for associates. Required

extensive research and analysis to develop an optimum solution that was

both affordable and maximized associate value.

. Administrator and trustee for the 401(k) retirement plan. Completed the

5500 return to achieve plan compliance with ERISA/DOL/IRS.

. Involved in merger and acquisitions activity. Performed due diligence for

acquisitions and coordinated the closings and business transitions.

Advised CEO on all related contracts.

. Implemented and directed plan for optimized cash management that included

daily cash administration; management of current accounts and bank

relations; cash flow analysis; investing surplus cash and lease vs. buy

decision parameters. Reduced A/R average days uncollectible by 49%; from

51 to 26 days.

. Performed cash management functions related to Electronic Funds Transfer

(EFT), Automated Clearing House (ACH) and customer credit card

transactions. Timely reconciled all cash applications and disbursements.

. Managed $650 thousand dollar short term investment and $910 thousand

dollar lease receivable portfolios with profitable returns that

contributed to the company's income statement bottom line.

. Provided support to the design and implementation of the original systems

configuration for business operations. Provided direction and support on

all system modifications and enhancements. Secured financing for major

hardware and software system upgrade. Managed the quality and governance

of system data information.

. Managed the process of financial transactions efficiently and

effectively. Ensured that appropriate controls and compliance with GAAP

was maintained. Maintained the proper and continuous flow of day to day

activities including; month-end close, account and bank reconciliations,

journal entries and the analysis of balance sheet and income statement

accounts. Acted as the primary contact for the external accounting firm.

. Negotiated and closed multiple commercial real estate mortgage loan

transactions totaling $6,025,000.00.

. Researched, developed, implemented and maintained, in compliance with the

State of Ohio Bureau of Workers' Compensation, an employee drug free

workplace program. Reduced the worker's compensation premium by 10%.

. Supervised the establishment and maintenance of the accounting records

for a related European business operation.

Deloitte and Touche USA LLP

Cleveland, OH

Audit Senior

1985-1990

Planned, managed and executed audits of clients in the banking, grocery,

manufacturing, non-profit and real estate industries.

Mark A. Kraska, CPA... Page 3

. Developed and prepared time budgets and audit programs, tested and

evaluated internal accounting controls, evaluated and documented client

accounting systems.

. Performed combined risk assessments, account analysis, control and/or

substantive test work of account balances.

. Prepared and analyzed client financial statements.

. Supervised, trained and evaluated professionals assigned to each audit.

. Prepared and reviewed corporate and partnership income tax returns.

. Performed the audit of pension and profit sharing plans.

Huntington National Bank

Columbus/Cleveland, OH

Asset Based Lending Auditor

1985

Verified the existence of assigned collateral; accounts receivable,

inventory, machinery, and equipment. Audit programs focused on the adequacy

of collateral values securing the loan and identifying documentation

problems that may jeopardize the bank's ability to claim its collateral.

Broadview Savings and Loan Company

Cleveland, OH

Accountant

1982-1985

Maintained and supervised the accounting and financial reporting for

Broadview's affiliates; assisted in preparation of the consolidated

financial statements, operating budget and annual report. Performed cost

and financial analyses; prepared and filed various corporate tax returns at

the federal, state and local levels.

Education and Certification

Bachelor of Science Degree in Accounting

University of Akron

Certified Public Accountant - State of Ohio

Continuing Education: 40 hours of continuing professional education every

year.

Computer Skills: Windows, Microsoft Office, Profit Key ERP system, SBT

(Sage ERP Accpac) accounting software, Dynamite specialized service

industry business management software, QuickBooks, Internet Explorer.

Memberships/Associations

. American Institute of Certified Public Accountants

. Ohio Society of Certified Public Accountants

Contact this candidate