Management Accounting

STERLING KEITH DRACH

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

Mt. Pleasant, SC 29466

859-***-**** **********@*****.***

QUALIFIED BY: Thirty-five years in the roles of CFO, Controller and as an

independent financial advisor for both public and private companies of

various sizes in manufacturing, financial services, real estate, energy

and service sector environments

SKILLS AND EXPERIENCE

FINANCIAL REPORTING

. managed accounting departments and computer

departments

. prepared monthly, quarterly, and annual financial

statements

. directed preparation of monthly, quarterly, and

annual financial statements

. hands-on and directed general ledger accounting

function

. hands-on and directed accounts payable function

. hands-on and directed accounts receivable function

. hands-on and directed payroll processing both

internally and externally with ADP

. directed and prepared all SEC reporting including

10K's and 10Q's

. developed and prepared various types of management

reports to meet specific needs

. designed and directed the financial analysis and

efficiency evaluation for multi-location daily

plant operations

. designed and directed implementation of various

cost accounting systems

. directed consolidation reporting for eight plants

in multiple locations

. appraised operating results in terms of costs,

efficiencies, budgets, policies of operations,

trends and increased profit opportunities

. coordinated annual audit and quarterly reviews with

public accounting firms

FINANCIAL MODELING

. participated with management team for corporate

strategic financial planning

. designed and developed various kinds of user-

friendly financial models utilizing EXCEL software

CASH MANAGEMENT

. maintained and cultivated commercial and investment

banking relationships

. procured financing for corporate expansion,

facilities, equipment and working capital, creative

financing thru start-ups, leverage buy-outs,

short/long-term bank debt, participated in initial

public offering and secondary stock offerings, debt

offerings, and private placements.

. managed the full treasury function including but

not limited to weekly, monthly, quarterly, and

annual cash flow projections as well as comparisons

to actual

. maintained investment of excess cash to maximize

return with minimum risk

SYSTEMS MANAGEMENT

. identified, selected, and implemented financial

reporting software packages for use in various

types of entities

. developed systems and procedures including

pricing, all inventory tracking, all accounting

and financial systems and procedures

. participated in the selection and implementation

of production and inventory control software

packages

COMPLIANCE

. developed and implemented of the internal audit

function

. directed internal and operational auditing

. managed corporate-wide environmental compliance

function

HUMAN RESOURCES

. developed, implemented and directed the human

resource function including, but not limited to

government compliance, prepared employee

handbooks, developed corporate policies, developed

programs for employees growth and incentives, etc.

OTHER

. prepared business plans utilizing WORD, POWER

POINT, and EXCEL, also experienced in PEACHTREE,

QUICKBOOKS, and YARDI

. prepared and directed formation of annual plans

with the management team

. formulated income tax strategies in collaboration

with public accounting firm tax personnel

. developed and managed all insurance programs

including health and welfare, and property,

casualty and workmen's compensation

. directed pension plan administration

. developed strategy for union negotiations and

participated with the management team in the

negotiations

. selected public accounting/tax services and

various professional legal services

. participated in initial company start-ups,

acquisitions, and mergers

FIRMS SERVED AS CFO

Frontline Power Solutions, LLC, Bristol, RI - start-up energy

broker in deregulated states

Pauls Mill LLC, Versailles, KY - thoroughbred horse breeding /

stallion / racing / sales operation

SITE Incorporated, Lexington, KY - developer and office park

property management

Kelco Inc., Lexington, KY - life insurance settlement company

Sterling Richards Inc., Owensboro, KY - contract

packager/manufacturer to the pharmaceutical and food industry

Paco Pharmaceutical Services, Inc., Lakewood, NJ - largest

contract manufacturer / packager to the pharmaceutical industry

EDUCATION: Millikin University, Decatur, IL, Bachelor of Science in

Accounting

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