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Project Management

Location:
New York, NY
Posted:
March 20, 2015

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Resume:

William K. Kruah

*** ***** *****, ***** *********, New Jersey

cell: 732–430-5247 Email: *********@*****.***

Over 17 years of hands-on experience in high-volume project and corporate accounting in large, medium and

small companies, with focus on projects and infrastructural development. Expertise in monitoring and

reporting on projects with extreme focus on project controls and management to define and implement

processes, document controls, metric performance indicators, benchmarking and forecasting with the

capability to reveal trends toward cost overrun and mitigate risk . Proficient in full range of financial

reporting and administrative functions including; cash management, payroll, month-end management report

s, and human resources management. Ability to adapt to a continually evolving environment. Ability to

interface with high-level management. Very professional with excellent leadership and technical skills.

Success in hiring, training, and motivating junior and senior employees. Available for contract or permanent

employment. Will relocate or travel abroad.

Professional Experience

WNL Development Solutions, Limited (Canadian Engineering & General Contractor Company)

Finance and Administrative Manager – Liberia Operations Jan 2014 – September 2014.

• Responsible for directing the financial and administrative functions of WNL Development

Solutions operations in Liberia including but not limited to the; hiring of all local staff, the direct

management and implementation of project logistics and procurements, responsible for cash

management, local bank relationship, A/P, A/R, and project costs controls and monthly projections.

• Responsible for monthly and quarterly financial reports and all tax related accounting

• Responsible for in-country government relations including but not limited to managing and

implementing project compliance, government regulations, and other activities to promote and

enhance local relationship

• Identified new clients, and managed operations to promote economic activity while maintaining a

healthy portfolio

• Supervised a diverse office staff of seven employees

General Auditing Commission, Liberia (GoL Audit Services)

Financial Controller July 2012 – Jan 2014

• Directed and managed the accounting and financial reporting functions of the General Auditing

Commission (GAC)

• Established and maintained accounting policies, procedures, and initiatives of the commission

• Ensured that all financials and accounting transactions complied with the public financial

management act of Liberia

• Managed other financial accounting functions, such as accounts payable, accounts receivables, cash

management, payroll and budgets

• Prepared and issued monthly management report for senior level-management

• Established and maintained banking relationships

• Managed the annually audit process

• Advise management on all financial matters

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• Prepared and issued monthly management report for senior level-management

• Prepared special management report as needed

• Supervised eight professionals

CareOne Management, LLC (Health Care Facility) Fort Lee, NJ

Assistant Corporate Controller – Project Accounting Dec 2010 – Feb 2012

Recruited to develop and implement accounting and job cost reporting systems to capture, analyze, and

provide high-level periodic reporting and recommendations on multiple major development and

construction projects totaling about 100 - 150M annually.

• Developed and implemented strategic planning and controls for the deployment of annual facility

capital budgets.

• Developed and implemented capital appropriation policies and procedures

• Developed and implemented policies for fixed assets procurement and reporting – (budget thru

acquisition)

• Developed and implemented subcontractor contract management system and project job cost reports

utilizing Sage Timberline Job Cost System

• Established and developed new department for projecting accounting and facilities capital

appropriation and management.

• Monitored construction projects cost status; analyzed and reported on budget versus actual

performance, conducted analysis and research into major budget variances

• Reviewed and approved all capital budgets prior to submission to EVP

• Approved capital appropriation request and payments request for all constructions and developments

projects. (Subcontractor monthly requisition, purchase order etc.)

• Provided guidance to project managers and other construction associates in project planning,

managing, monitoring, and cost control

• Reconciled monthly project costs with general ledger accounts. Identify and transition CIP for

closeout project to various assets accounts on the balance sheet.

• Assisted consultants with cost segregation studies for large construction and capital projects to

reduce tax burden.

• Prepared work-in-process and percentage of completion schedules for active projects.

• Prepared in-conjunction with the project managers monthly cost at completion reports

• Supervised five employees

TXR Global Technology Services, Inc (Telecommunication) Norristown, PA

Corporate Controller (consultancy) June 2010 – Dec 2010

Reporting to the President, primarily recruited to develop and implement financial procedures and controls to

support company growth. Essential functions and responsibilities included:

• Financial accounting and reporting including corporate accounting policies, internal controls,

external audit oversight, and job cost reporting and controls

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• Build sustainable systems and processes that streamlined financial reports and job cost reports

• Managed and developed accounting staff, established and maintained the financial reporting process

and month-end close, oversaw the budgeting and forecasting process.

• Provided directions and leadership on all financial matters to senior management and partners

MACKENZIE KECK, INC. (General Contractor) Rockaway, NJ

Projects Controller 2007 – 2010

Designed and developed job cost system and established a project controls unit, which provided project cost

budgeting, forecasting, tracking, and guidance to project managers, senior management, and partners.

Average combined yearly project total about 78M. Developed and implemented procedures for cost

reduction and risk mitigations. Ensured that all financial results were accurate, timely, and adhere to GAAP

and internal standards. Communicated financial results and trends to senior and executive management

timely and accurately. Served as accounting liaison to external auditors. Oversaw and developed 4- direct

report.

• Designed and implemented robust systems for project cost tracking, forecasting, and reporting.

• Facilitated financial measurement and risk assessment of projects

• Increased profit margin and projects delivery on time and on budget

• Mapped, and implemented Timberline General Ledger and Job Cost systems, allowing management

to receive accurate and timely financial reports and make critical decisions rapidly

• Saved company $35K per year and improved reporting accuracy by outsourcing payroll services

• Reduced travel costs about 27% by initiating policies that centralized travel reservations

• Responsible for the progress billing and collection

• Responsible for sub-contractors contract management, including change orders and insurance

protocol

• Prepared monthly percentage of completion and cost at completion schedules in addition to project

cost analysis reports

• Responsible for the processing of all union payrolls, benefits payments, and reporting

• Responsible for managing 401k plans

• Responsible for cash management and banking relations

• Served as liaison between Mackenzie and outside CPA.

CONTI ENTERPRISES, INC. (Heavy Civil Construction) South

Plainfield, NJ

Senior Cost Engineering Project Controller 2005 - 2007

Guided project managers on cost controls, invoicing, cash management, and internal reporting using state-of-

the-art tools. Developed project forecasts, reported on budget deviations, and managed AIA billings, A/R

and A/P. Prepare monthly percentage of completion analysis schedules for revenue recognitions, cost at

completion schedules for project costs analysis, and forecast. Prepared and presented projects financials to

senior and executive management. Managed all reporting and relationships with local and federal

government. Worked very closely with the estimating, business development and pre-construction teams in

the early stages of the bids process, and project start-up.

• Very instrumental in ensuring the success, on-time completion and profitability of the landmark

Newark-Elizabeth Rail Extension Project (NJ Transit)

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This two miles of urban rail line linked and connected the existing Newark City Subway with the

existing NJ Transit Newark –Essex Commuter Rail line and other major city attractions such as:

Downtown Newark, the New Jersey Performing Arts Center and the Newark Bears Mino-League

Baseball Stadium, serving about 14,000 NJ Transit riders daily

EDISON PROPERTIES, LLC (Property Developer & Construction) Newark, NJ

Accounting Manager, Construction Projects and Development 2000 - 2005

Managed financial planning cost controls and reporting for development projects totaling over $125MM per

year. Managed all contracts protocol including subcontractor change orders, insurance requirements, and

others. Managed staff of five in full range of cost control functions, including construction and engineering

(MEP) systems, operating expenses, and capital expenditures. Oversaw department overhead budget of

$10MM.

• Reduced costs 23% by reassigning materials acquisition from subcontractors to direct suppliers,

enabling deep discounts

BOVIS LEND LEASE (Construction & Project Mngmt.) New York,

NY

Project Accountant 1999 - 2000

Led and managed the project accounting functions for all the construction projects at the American Museum

of Natural History. Prepared monthly percentage of completion schedules/ expenditure forecast/cost at

completion reports or anticipated cost (ACR) for all projects closely working with Project Managers and

Project Superintendents to recognize revenues and analyze project costs. Maintained A/R and A/P and

monthly projects billing. Managed subcontractor contract, contractor change orders logs and controls,

insurance compliance, and all project related files.

• Senior General Ledger Accountant - Marketsource Corporation (Contract

Packaging/Manufacturing) Cranbury, New Jersey – (from 1997 – 1999)

• Senior Staff Accountant – RCN Corporation (Telecommunication) Princeton, New Jersey – (from

1996 – 1997)

• Staff Accountant – TKR Cable ( TV/Cable Provider) Warren, New Jersey – ( from 1994 – 1996)

Education

Ashford University – MBA Program

Southern Connecticut State University (New Haven, CT): B.S., Accounting

Certificate –Sage Timberline Application

Certificate – JD Edwards G/L Application Implementation

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