Sheldon C. Ruggles, CPA
*** ******* ****** . ****** ****, New York 11001 . Residence: [516]
***-**** . *********@***.***
Visionary Leadership, Business Acumen and Entrepreneurial Spirit
Driving Growth, Revenues, Performance and Profitability
CORE STRENGTHS
Long/Short Term Strategic Planning & Execution Cash &
Treasury Management
Banking Relationships/Alternative Financing All Financial
Reporting (Consolidated)
Forecasts, Budgets, Modeling & Business Plans Process
Analysis & Reengineering
Multi-Site/Plant/Entity Operations Management Multi-
National Companies & Transactions
Human Resources/Payroll
Developing Policies & Procedures
Pension/Benefits Administration Cross-Cultural
Work Environments
New Business/Product Development Management
Meetings & Presentations
Turnarounds & Crisis Management Mergers &
Acquisitions (Due Diligence)
Start-Ups, New Projects & Joint Ventures
Facilities/Warehouse Management
Cost Controls, Allocations, Savings & Analysis
Inventory Management, Physicals
Sales and Growth Strategies (Organic/M&A) Cost
Accounting, Job Costing, WIP
Sales Support, Customer Service Experience
with Large Retail Chains
Shipping & Logistics Coordination of
Year End Audits with CPAs
Internal/Fiduciary Controls
Fraud Auditing, Detection & Prevention
ERP/Software Analysis & Conversions Project
Management & Coordination
A/P, Purchasing/Procurement Billing, A/R,
Credit & Collections
Public Company Exposure, SOX Compliance Legal Issues
& Contract/Client Negotiations
Strong Communication Skills, Written & Verbal All
Insurances and Risk Management
Professionalism, Commitment & Integrity Tax
Preparation & Regulatory Compliance
Strong Leadership Presence & Team Concept For Profit &
Not-For-Profit Environments
Right-hand & Consultant to CEO and COO Hands-on &
Staff Supervision (20+)
PROFESSIONAL EXPERIENCE
Specific Industry Experience:
-Manufacturing, Wholesale/Distribution, Consumer Products, Retail,
Advertising & Public Relations,
IT/Software/Computer Service Bureau, Technology, Apparel, Not-For-
Profits, Service Industries
(Public Accounting, Legal, Engineering & Architects), Building
Supplies, Construction & Real Estate/
Development, Food and Beverage, Healthcare, Entertainment
Cost Savings:
-Realized cost savings in reduction of accounting fees of up to $
50,000 just by keeping up-to-date
internal accounting records and substantially aiding in preparation of
year-end audits and tax
planning, preparation & review and various financing programs.
Realized up to $ 150,000 by
reducing insurance premiums by addressing workers compensation issues
and sourcing alternative
vendors/insurance companies. Realized substantial cost savings by
installing proper warehouse
management, inventory purchasing & physicals, stock rotations, and
reduction of spoilage/damage
and theft at food and beverage company.
Sales and Growth Stategies:
-Worked effectively with salespeople and management in analyzing
company purchasing policies,
competition strategies, quality control issues, shipping and logistic
problems, pricing, product mix,
sales compensation programs, advertising & marketing programs,
customer service, reviewing
sales presentations, credit and collection issues, profitability &
trend analysis, KPIs, and customer satisfaction.
Planned and developed expansion including the importing of new product
form China. Worked with large
chains/companies such as Walmart, KMART, COSCO, Nabisco, Hershey's.
Turnaround Experience:
-Spearheaded company turnaround taking a company that was substantially
troubled increasing
sales from $ 12 million to over $ 70 million in 5 years.
Other Key Management Areas:
-Preparation of agendas and coordinating management meetings,
preparation of written job descriptions,
staff building, interviewing, mentoring, training and cross-training,
motivating, regulatory inspections, etc.
Employment History:
GTL CONSTRUCTION LLC, White Plains, N.Y. 10605
12/13 - Present
Chief Financial Officer of a $ 60 Million general contractor
CONSULTING/SHORT-TERM ENGAGEMENTS 10/08 -
12/13
Various engagements including start-ups/new products,
troubled/bankrupt organizations,
turnarounds, wholesale/distribution/retail, manufacturing, medical
professionals, real estate
healthcare, construction, building supplies, not-for-profits, food &
beverage ($100+ million)
Services provided included financial statement preparation
(consolidated) including all
supporting schedules, allocations, prepaids, insurance &
depreciations schedules, bank
and other reconciliations, cut-off procedures, coordinate with
external CPAs, taxes (personal,
sales, commercial rent, payroll, 1099s, corporate, not-for-profit
1023 and 990), strategic
planning, budgets and projections, predictive models, presentations,
executive reports,
agendas for management meetings, employment ads, KPIs, cost-benefit
& trend analysis,
ROI, due diligence for acquisitions, credit & collection,
sales/marketing/advertising strategies,
A/R, A/P, inventory control, costing/valuations, WIP, physical
inventories, interviewing,
staff recruitment, job descriptions, other HR issues, commission
calculations, pension/
benefit administration, insurance & risk management, operations
(facilities & warehouse
management, logistics, shipping), inspections with regulatory
agencies, special projects,
fraud auditing, process analysis and improvements, review contracts
and assist in other
legal issues, cash management, involved in various banking issues
(ABL, compliance
reporting), search for alternative financing, assist in settlement
of various union issues,
purchasing/procurement, international/foreign currency transactions,
SUPER STUD BUILDING PRODUCTS, INC., New York N.J. & Mississippi
08/01 - 10/08
Chief Financial Officer of a complex, $ 70+ million, 20 entity, plant
manufacturer of
steel framing and other products for the building supply industry.
VARIETY ACCESSORIES, INC., Great Neck, New York, Guatemala, China
02/98 - 08/01
Controller - Chief Financial Officer of a $50+ million
manufacturer/wholesaler of seasonal
decorations, mainly apparel-based .
GENTLE CARE INC., Flushing, New York
02/96 - 12/97
Director Of Finance of a $ 20+ million JCAHO approved licensed home
healthcare agency
COMPUTER OUTSOURCING [Formerly Tru-Check Computer Systems], New York, N.Y.
09/92 - 02/96
Controller - Corporate Accounting Manager of a $30+ million publicly-
traded computer
service bureau with operations in N.Y., N.J., Boston, Rhode Island and
California.
Prepared and / or assisted in corporate closings of a seven company
consolidated
financial statement for a public company; assisted auditors in
preparation of 10Qs and 10Ks.
INTERNATIONAL TAPE & DISC, INC., Brooklyn, New York
09/90 - 09/92
Controller - Chief Financial Officer for a wholesale consumer electronics
distributor.
BIG APPLE WRECKING CORP, Bronx, New York
08/88 - 09/90
Controller for a multi-corporate demolition contractor.
PUBLIC ACCOUNTING
1979 - 1988
Prior experience was in the field of public accounting, Enjoyed a
progressive 10-year tenure, reflecting rapid and consistent advancement,
culminating as a Senior Accountant / Manager, supervising six assistants.
EDUCATION BS, Accounting, Binghamton University, New York
CPE (Current) - GAAP, IFRS, SOX, SEC, Not-For-
Profit,
Taxes, Financial Management, Ethics, Audit, Fraud,
Healthcare
COMPUTER SKILLS Excel, MS Word, MAS90, 200 & 500, Timberline, Peachtree,
Insight,
QuickBooks, Macola, Metalware, Pro Series Tax
Program
MEMBERSHIPS New York State Society of Certified Public Accountants
Nassau County NYS Society of CPAs Controller/CFO Committee
Healthcare Financial Management Association
Institute of Management Accountants
Notary State of New York
Nassau Hiking and Outdoor Club
FPMHS Music Parents Group, Inc.