BRUCE J. GINSBURG, CPA
OLNEY, MD 20832
HOME: 301-***-****
CELL: 301-***-****
E-MAIL: *******@***.***
SUMMARY:
Highly motivated CPA with over 25 years of corporate and not for profit financial
planning, reporting, accounting and human resources experience.
EXPERIENCE:
Director of Finance and Administration
Association for Psychological Science (May 2013 - May 2015)
• Worked closely with directors of all departments to create and oversee the
organization’s annual operating budget of approximately $8 million. Conducted
quarterly budget review meetings, cash flow analysis and budget trend reviews,
and prepared the quarterly financial reports for the Board of Directors. Assisted
the Deputy Director in managing the organization’s investment portfolio and
endowment fund.
• Directed all internal operations related to Accounts Payable, Accounts
Receivable and General Ledger accounting, ensuring compliance with GAAP,
non-profit audit standards and the Sarbanes-Oxley Act.
• Supervised the preparation of annual audit package and form 990 and serveed
as primary point of contact with the accounting consultant and auditing firm.
• Managed all administrative files and contracts, including insurance policies,
publishing agreements, equipment lease and maintenance agreements,
corporate banking, building lease, capital purchases and all required financial
record keeping (i.e., investment records, audit reports and tax returns)
• Administered all Human Resources functions, including semi-monthly payroll,
recruitment and hiring, staff orientation, annual enrollments for health insurance
and flexible spending account plans, retirement plan management and benefit
support to all staff. Maintained all employee files and payroll information,
ensuring confidentiality and compliance with federal and local mandates and
maintains a healthy work environment.
• Served as organization liaison to outside vendors and contractors, including
building management company, benefit providers, insurance brokers, merchant
services company, IT consulting company and payroll company.
• Supervised the Finance and Administration Coordinator and the Finance and
Administration Assistant.
Director of Finance
B’nai Israel Congregation (October 2009 – April 2013)
• Supervised staff of 3 for one of the largest conservative synagogues in the US
with an operating budget of $5 million and total assets of over $20 million
• Provided financial statement and variance analysis to the 75 members of the
Board at their monthly meetings
• Compiled and maintained operating and capital budgets and provided analysis at
the quarterly budget committee meetings
• Provided weekly cash reports and departmental updates to the President,
Treasurer and Assistant Treasurer
Bruce J. Ginsburg, CPA
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• Maintained and reconciled investment accounts which include approximately 75
endowments totaling approximately $6 million
• Provided endowment investment schedules and analysis to the endowment
investment committee at their quarterly meetings
• Coordinated annual audit and provided schedules and analysis to the auditors
• Maintained relationships with our investment advisor, banks and various vendors
• Maintained controls and accounting policies and met daily with the Executive
Director
• Negotiated reduced dues and fees with members who were suffering financial
hardships
Assistant Controller (Contract Position)
Brailsford and Dunlavey (July 2009 – October 2009)
• Assisted the Controller with the monthly close and preparation for the annual
audit
Consultant (Part-time)
Nuclear Energy Consultants (March 2009 – July 2009 and periodically between 1996
and 2009)
• Compiled financial statements and provided reports to the bank for the owner’s
line of credit renewal and for the completion of his corporate taxes
Assistant Director of Accounting (Contract Position)
United States Conference of Catholic Bishops (May 2008 – March 2009)
• Analyzed and reviewed departmental budget submittals
• Reconciled foreign bank accounts and provided journal entries to account for
Euros and dollars
• Reconciled general ledger accounts using excel spreadsheets
• Provided analysis and reconciled approximately 300 grants totaling $25 million
• Provided schedules for the annual audit
Director of Finance and Administration
Council for Higher Education Accreditation (Aug. 2007 to May 2008)
• Maintained all financial, accounting, administrative and personnel services
• Prepared financial statements and provided monthly variance analysis to the
President
• Prepared and managed the payroll
• Developed and maintained the annual budget
• Provided forecasts to the President on a monthly basis for budget and cash flow
purposes and maintained cash controls
• Managed investment of operating and reserve funds
• Served as needed to Board of Directors’ Reserve, Investment and Audit
Committee and assisted in exploring an alternative investment policy
• Coordinated annual external audit and provided information and excel schedules
as needed
• Developed and implemented personnel policies and managed office operations
• Prepared quarterly Treasurer’s report and analysis for Board of Directors’
meetings
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Controller
Kogok Corporation (2006 to 2007)
• Supervised staff of four from two field offices
• Was responsible for all aspects the annual audit and bank examination
• Prepared monthly borrowing base certificate to maintain company’s line of credit
• Prepared and analyzed monthly financial statements and WIP schedules
• Worked on various projects for the President
Controller
Residential Lending Corporation (2001 to 2006)
• Maintained financial, accounting, administrative and personnel services as the
company grew from 25 to 200 employees
• Automated the financial process, set policies and procedures and provided
feedback on areas that required improvement
• Was responsible for all aspects of financial reporting including federal reporting
and accounting regulations, accounts receivable, accounts payable, general
ledger reconciliation, and bank reconciliations
• Managed the payroll for 200 employees
• Provided required submittals and financial information to maintain HUD
certification
• Prepared financial statements in accordance with A-133 audit requirements
• Prepared schedules in excel for use in the annual audit
• Was responsible for monitoring and managing cash flow and controls
• Was responsible for managing $25 million warehouse line of credit
• Oversaw 401(k) plan and benefits package for employees
• Prepared and maintained departmental budgets
• Was responsible for responding to inquiries from borrowers regarding payment
and tax issues
Controller
Argyle Country Club (1997 to 2001)
• Supervised staff of three accountants
• Managed all aspects of accounts receivable, accounts payable, payroll and the
general ledger
• Created and maintained internal controls
• Prepared financial statements
• Presented financial statement reports and budget variance analysis to the Board
of Directors and Finance Committee at their monthly meetings
• Provided estimates and analysis as needed to the Board of Directors and
Finance Committee
• Negotiated loans and maintained relationship with bankers
• Assisted independent CPA’s with the annual audit and the preparation of the
corporate tax returns
• Was responsible for the administration of the 401(k) plan and all other employee
benefit plans
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Senior Accountant
National Food Processors Association (1995 to 1997)
• Supervised a staff of three accounting clerks and one accountant
• Reconciled and provided required reports for federal grants
• Assisted in the calculation of indirect rates
• Compiled, maintained and monitored the budget
• Prepared financial reports, variance analysis and slides for the quarterly Board of
Directors’ meetings
• Prepared and assisted independent CPA’s with the annual audit and preparation
of the Form 990
Accounting Manager
Nuclear Energy Consultants, Inc (1992 to 1995)
• Prepared consolidated financial statements from data supplied by various field
offices
• Assisted independent CPA with annual audit
• Prepared payroll withholding, unemployment and personal property tax returns
for approximately 20 states
• Performed profitability analysis and met frequently with the President to discuss
business strategies and how to maximize profits
• Negotiated pay rates and benefits with new employees
• Proposed billing rates and provided multiplier breakdowns for contracts
• Analyzed projections and proformas for the construction and operation of power
plants around the world.
Staff Accountant
Gheen & Associates (Part-time, 1994 to 1996)
• Prepared compilations and individual tax returns for diverse clientele
Staff Accountant
Guide Service of Washington, Inc. (1988 to 1992)
• Responsibilities included accounts receivable, accounts payable, general ledger,
financial statement preparation, payroll, payroll tax returns and W-2 preparation
Computer Software: QuickBooks, Great Plains, Peachtree, Timberline, Tiny Term,
DMS Accounting Software, Deltek Excel, Word, Access, PowerPoint, Solomon, Real
World Accounting, Chaverware and Best Software
Education:
• Active CPA in Maryland since 1994
• Bachelor of Science Degree in Accounting, University of Maryland, University
College, 1992
• Bachelor of Arts Degree in Economics, University of Maryland College Park,
1988
References:
Available upon request
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