JOHN STELMACH
*** **** ******** ****** *****: 847-***-****
Itasca, IL 60143 Email: ************@*******.***
CFO/Controller
Hands-on corporate executive possessing excellent leadership,
interpersonal, communication, managerial, business development and
organizational skills. Proven track record with progressive accounting and
administrative experience encompassing finance, acquisitions, systems
design, implementation, negotiations, and statutory compliance. Proven
success in both small and large organizational settings.
Areas of Expertise
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Treasury Infrastructure Development Property Management
Finance / Administration Financial Reporting & Cash Flow
Strategic Planning/Analysis Analysis Budgeting / Forecasting
New Business Development
Professional Experience
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COMPUTHINK, Lombard, IL 1997 - Present
Chief Financial Officer
$5M Software developer, document imaging software solutions, ID card
security systems and systems consulting.
. Initially built infrastructure in a startup environment, funded by
overseas investors.
. Staffed sales, marketing, technical support, finance and
administration.
. Installed accounting and sales automation systems.
. Developed business plans and financial/cash flow forecasts.
. Chaired product and pricing committee.
. Established GSA and CMAS schedules, facilitating sales to the Federal
and State governments.
. Recovered in excess of $300K with assistance of outside litigation on
trademark infringements/collections.
. Secured funding and lines of credit from investors and shareholders
exceeding $15M.
. Assisted in creation of Value Added Reseller Channel, recruiting
resellers and assisting in closing end-user deals. Closed Ohio-based
reseller that generated more than $1.2M in orders during past five
years.
. Responded to RFP's issued by the United Nations (for ID card
production systems) and fulfilled an average of $600k annually in new
orders over the past 5 years.
. Established processes and procedures for managing and growing annual
software maintenance subscription based revenues to in excess of $600k
for 2014. Successfully implemented a 10 percent price increase in
2014.
. Negotiated Vendor contracts saving in excess of $25K annually in 3rd
party royalties and took kit costs.
. Interim President 2000-2002 and 2009-2012, dual role, recovering from
economic downturns.
. Maintained team spirit in spite of numerous delays in release of
software products, sales downturns and staff turnovers due to lack of
funding during low business cycles. Led restructuring of organization
back to profitability through cost containment and team building.
General Manager/CFO Baron Real Estate Services (sister company startup)
. Created and managed this holding company for a newly acquired 30,000
sq. foot office building purchased by owners in 2011.
. Built infrastructure to support building operations, negotiated tenant
leases, established financial tracking systems, satisfied statutory
filing requirements and building code compliance. Protested and
secured property tax reductions in excess of $24K over 3 years.
EDGE SYSTEMS, INC., Downers Grove, IL 1996 - 1997
Chief Financial Officer and General Manager
MBE -- $38 million computer systems integrator, Value Added Reseller
document imaging software.
. Secured $5 million working capital line of credit and $600K term loan,
effectively re-capitalizing operations en route to profitability.
. Reduced payroll 25 percent and streamlined operations in preparation
for refinancing operations.
. Restructured finance, administration and customer support, improving
productivity and morale.
. Optimized day-to-day operations of corporate office after
restructuring, increasing productivity.
VOLVO TRUCK GROUP/VOLVO and GMC TRUCKS OF CHICAGO, Chicago IL
Controller
Volvo Corporation's leading Midwest Heavy Duty Truck distributor,
generating in excess of $85 million in annual sales, with two retail
locations and one leasing location, employing over 160 people.
. Centralized MIS, consolidating/streamlining accounting and
administrative functions.
. Evaluated and selected fully integrated, centralized Dealership
Computing System.
. Installed a fully integrated Leasing software package and related
management reports, enabling Senior Management to accurately track and
evaluate profitability of an $80 million leasing portfolio.
. Coordinated administrative/accounting processes surrounding
acquisition of City of Chicago Park District maintenance programs.
. Evaluated retail parts operations, implementing velocity pricing and
controlling discounts, improving parts margins by 10 percent,
generating an additional $300K in annual gross profit.
. Established strategic plans, operating and capital budgets, and
monthly forecasts of operating results. Prepared and presented
quarterly financial package to Volvo Truck's Board of Directors.
. Negotiated for company in union contract talks with Teamsters Local
701 and 710.
. Successfully concluded negotiations, resulting in ratification by
union members of a three-year, five percent annual increase in wages
and fringe benefits.
. Assisted in renegotiating contracts w/ City of Chicago and Waste
Management Truck purchase/maintenance.
AUTOMATIC DATA PROCESSING - DEALER SERVICES DIVISION (currently CDK
GLOBAL), Chicago, IL
Controller - Acquisitions and Marketing Services
Controller - Division; Assistant Controller; Senior Financial Analyst
The largest global provider of integrated information technology and
digital marketing solutions to the automotive retail industry. Currently
more than 26,000 automobile, truck, and agricultural dealerships worldwide,
generating $2 billion in annual revenues.
. Coordinated integration and consolidation of acquired business units
accounting and administrative functions, reducing head count and
administrative overhead.
. Designed and implemented formal automated salesperson-productivity and
earnings-tracking system, reducing in-house processing costs by $75K,
while increasing accuracy and timeliness of earnings assessments and
performance tracking.
. Recommended new product pricing and upgrade migration strategies.
. Set pricing on new strategic product offerings, approaching $10
million in annualized revenues.
. Evaluated cost/benefits (RFP) of third-party versus in-house captive
financing of client purchases.
Decision made to provide in-house financing, generating $75 million of
additional annual revenues.
G.D. SEARLE CORPORATION., Skokie, IL
Senior Financial Systems Analyst
Research-based pharmaceutical company that manufactures and markets
prescription pharmaceuticals and other healthcare solutions worldwide. It
also offers prescription drugs and nuclear imaging optical equipment.
PEOPLES ENERGY CORPORATION., Chicago, IL
Pension Investment Analyst
Budget Analyst
Peoples Energy was the former name of a holding company whose main revenues
came from its regulated gas utility subsidiaries, Peoples Gas (formerly
Peoples Gas Light and Coke Company) and the North Shore Gas Company.
Education & Training
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MBA, Management, Northwestern University, J.L. Kellogg School of
Management, Evanston, IL
Bachelor of Science, Finance and Accounting, University of Illinois,
Champaign, IL
Social Media
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https://www.linkedin.com/profile/public-profile-settings?trk=prof-edit-edit-
public_profile