Management Accounting

GARY D. FORMAN

** ****** ****

Telephone: 508-***-****

Randolph, MA 02368

E-mail: *********@*******.***

PROFILE Results-driven Financial and Business Management Executive with

experience in Service, Retail, Software and Manufacturing

environments. Extensive experience in Financial systems

(Solomon, Oracle, Peachtree, Quickbooks). Self-motivated,

results oriented, with solid analytical, leadership and

organizational acumen, possesses strong hands on skills with

particular experience in:

Financial Reporting and Analysis

Consolidations

Budgeting & Forecasting

Policies & Procedures

Credit & Collections

Cash Management

Staff Development

Accounts Payable

Project Management

Accounting Staff Supervision

Other expertise includes:

Corporate Finance & Budgeting Consulting & Problem Solving

Cost Containment & Profit Growth Long-Range Strategic Planning

Operations Streamlining & Management Productivity & Performance

Management

PROFESSIONAL ACHIEVEMENTS

Central Boston Elder Services, Boston, MA

2013 - Present

Controller

. Responsible for Monthly Close, Budgeting, Analysis, AP, AR, PR,

Cash Management.

. Reduced monthly close from four weeks to two weeks.

. Improved DSO from 45 days to 35 days.

. Used Solomon and Paychex.

DEPENDABLE CLEANERS, INC., Quincy, MA

2011 - 2013

Controller

. Responsible for Monthly Close, Budgeting, Analysis, AP, AR, PR,

Cash Management.

. Reduced monthly close from three weeks to two weeks.

. Initiated company wide involvement in Budget process.

. Used Solomon, Access and ADP.

BASEMENT TECHNOLOGIES, INC., Brockton, MA

2008 - 2010

Controller

. Responsible for Monthly Close, Budgeting, AP, AR, PR, HR and

Cash Management.

. Restructured accounting department, improving production and

effectiveness, and reducing

. staff.

. Reduced monthly financial statement preparation from four weeks

to two weeks.

VARIOUS CONTRACT POSITIONS, Boston, MA

2007 - 2008

PHT Corp - Software company in the pharmaceutical

industry. 9 month assignment

as Revenue Controller. Responsible for revenue recognition

on all contracts between

company and pharmaceutical companies. Journal entries,

month end closing, contract

review and evaluation for revenue, AR, System conversion.

Participated in conversion

from Solomon to Oracle.

Jenzabar - Software company in the higher education field. 3

month assignment filling in for

Controller on maternity leave. Month end closing, PR, AR, AP,

Fixed Assets, journal entries,

staff management. Used Oracle.

Cypress Tree Investments - Investment company. 2 month

assignment filling in for Controller

on maternity leave. Month end closing, journal entries, AP,

Investment interest recognition.

Used Quickbooks.

CBE TECHNOLOGIES, Charlestown, MA

2005 - 2007

Controller

. Responsible for Monthly Close and Analysis, Budgeting, AP, AR,

PR, HR and Cash

. Management.

. Involved in an accounting system upgrade that improved

efficiency and reporting

. Restructured accounting department, improving production and

effectiveness, and reducing

. staff.

HARVEST COOP MARKETS, Cambridge, MA

2004 - 2005

Finance Manager

. Reduced monthly close from four weeks to ten days.

. Created and implemented new reports to help analyze gross margin

results weekly.

. Introduced the first budgeting process.

. Reduced bank statement reconciliation backlog from six months to

current.

. Responsibilities included Monthly Close and Analysis, Budgeting,

AP, PR and Cash

. Management.

PRIME POWER, INC., Hampstead, NH

2002 - 2004

Controller/Consultant

Hired to evaluate, analyze, and implement financial systems

and operations for a 10

year old manufacturer specializing in custom power supply

systems and converters.

Primary markets include commercial, medical, military and

industrial. Providing expert

leadership in the areas of general ledger package, financial

statement design, job costing,

overhead calculations, cash flow reporting and budget

preparation.

LINKAGE INC., Lexington, MA

2000 - 2001

Controller

. Enhanced senior decision making by introducing a formula using

financial data that provided

. comprehensive tracking and forecasting information for goal

setting.

. Collaborated in training and guiding business unit Vice

Presidents to revamp strategic

. planning.

Hired, trained and supervised a staff of 10 increasing

efficiency and productivity.

. Responsibilities included Monthly Close and Analysis, Budgeting,

AP, PR and Cash

. Management.

THE LARKIN GROUP, Newton, MA

1987-2000 Controller (1993 - 2000)

Assistant Controller (1987 - 1993)

. Initiated collaborative meetings between creative, operations

and production staff

to create smoother operations, cost cutting, increased morale

and effectiveness.

Directed the production, review and analysis of monthly

financial statements as well

as managed the A/P, A/R and payroll functions.

Analyzed systems, assessed needs and initiated the first

budgeting process.

Changed centralized budgeting to a decentralized system.

Trained department heads on budgeting procedures and budget

consciousness.

Hired, trained and managed a team of 5 managers and 40

employees.

Established department goals and managed performance reviews

and raises.

Coached employees and increased morale, motivation and

productivity levels.

Led efforts to redefine, design and install non-financial

information systems.

Uncovered computer system weaknesses and installed new

customized software.

Improved show information gathering for database analysis and

decision making.

1 Computer Skills

Microsoft Office Suite (Excel, Word,

Access), Peachtree, Quickbooks, Solomon,

Oracle.

Education

BABSON COLLEGE, Wellesley, MA

BSBA in Accounting

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