A/P A/R G/L F/S

Keith Y. Bolnick

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

Towaco, NJ 07082

973-***-**** (H)

(973) 714- 5823 (C)

**********@***.***

Employment:

May 2007 to Feb 2015 Carl Schaedel & Co, Inc, Fairfield, New

Jersey

( Company sold) Accounting Manager for large appliance

company

. Supervise a staff of 6 in finance department

. Prepare monthly financial statements for 8 product lines

. Prepare Quarterly Covenant Reports to the bank

. Oversee physical inventory of over $12 million annually

. Prepare annual budget and revised budget during year

. Oversee credit and collections department with a $10

million accounts receivable balance

. Maintain daily cash balance with Cash-Pro and

responsible for initiating wires outgoing and incoming

daily.

. Create sub accounts and division in chart of accounts

for product lines and internal departments

. Prepare all schedules and work with auditors for annual

audit

. Responsible for Short Term and Long Term cash flow

forecasting for internal use, and for working with the

bank to establish credit line parameters

March 1995 to April 2007 The Lilli Group, Hackensack, New Jersey

(Company closed) Controller for large apparel industry company

. Prepared monthly internal financial statements

. Prepared weekly and monthly sales schedule and cash

requirements for Factor

. Interacted daily with Factor for cash flow management

. Valued physical inventories on a quarterly basis

. 401K plan administrator and employee benefits

coordinator

. Maintained gross profit analysis and reports for each

product

. Supervised accounts payable and monthly closing process

. Analyzed budgets for various departments

. Worked with Factor's internal auditors and public

accounting auditors

. Prepared over 50 million dollars in sales invoices

annually and responsible for timely collection

. Responsible for disbursing monies to various debtors and

employees and in collecting monies during company

liquidation

.

Oct 1986 to International Mini Warehouse (A Hanson

Company), Linden, NJ

December 1994 Controller

(Company sold)

. Financial responsibility for 18 mini-storage warehouses

. Responsible for authorization and signing of checks,

investment of company funds, and developed Cash

Management system

. Determined company business insurance

. Prepared budget and cash flow forecasts

. Responsible for wiring of money and safeguarding of

assets

. Installed Peachtree and Landmark Accounting Systems and

trained employees in its use

. Set up chart of accounts, converted general ledger

history, and set up financial reporting to meet

company's needs

. Developed complete financial package for prospective

buyers and worked with attorneys to compile all

documents needed to sell company

. Worked with Pricewaterhouse and Ernst & Young auditors

in preparing certified financial statements and

determining final balance sheet at sale

August 1983 to Popular Services, Garfield, New Jersey

October 1986 Accounting Manager- Assistant to the Controller

. Prepared montly financial statements for nine

departments

. Analyzed monthly statements to projected bugets

. Prepared all monthly journal entries to close period

. Analyzed and reconciled all accounts in general ledger

. Prepared lead schedules and coordinated with Touche-Ross

on year-end audit

. Supervised nine bookkeepers and Payroll Department

. Managed semiannual physical inventory

Computer skills:

. Quick Books acounting software

. Expertise with Word Perfect & Excel

. Sage General ledger and Accounts Payable

. SOPS and WIMS Inventory system

. AIC (Apparel Industry Software) for inventory control of

finished goods and WIP

. Access for sales analysis, forcasting, and gross profit

analysis

. ADP and Paychex Payroll Systems

. Apprise accounting software for general ledger,

purchasing,

Inventory control, Accounts Receivable and Payable

Education: B.S. Degree Accounting, Alfred University May

1983

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