Accounting Information Systems

Paul Johneas, CPA ** Plainedge Drive ■ Bethpage, NY 11714

516-***-**** ■ ***********@*****.***

Chief Financial Officer / Controller / Vice President of Finance

M.S., Computer Science & Information Systems

Strategic Financial Leadership Financial Planning & Analysis

Monthly & Quarterly Financial Reporting KPI Development & Tracking

Staff Training, Development & Management Information Systems & Automation

Process Streamlining & Efficiency Improvement Auditing, Consulting & Regulatory Compliance

Big four CPA with more than 20 years of experience is showcased by successes in establishing finance as a valued partner in the delivery of organizations’ business objectives.

Track record in creating efficiencies and reducing errors by streamlining processes.

Exceptional communicator with the ability to articulate complex technical concepts in understandable terms to people across all organizational levels.

Technical skills include Excel (Expert level), QuickBooks, Peachtree; General Ledger; MS Office Suite; Database administration; ERP Systems; LaCerte and ATX tax software; Visual Basic, C++, PHP, MySQL, HTML and JavaScript; and Linux/Unix.

Professional Experience

Chief Financial Officer – Cottage Pharmacy & Homecare Services ■ Hicksville, NY ■ Oct. 2014 – Present

Provide financial leadership for one of the largest independent pharmacies on Long Island. Track company’s cash position, revenues recognition and cash receipts, and perform month end closings. Supervise payment of AP and other expenses and payroll for 200+ employees entity-wide. Manage four direct reports.

Hired during challenging period involving tight cash flow issues and inadequate accounting infrastructure after it entered into diabetic and analgesic cream areas, both of which required major capital outlays.

Restructured entire accounting department to track profitability and cash flows and produce GAAP basis financial statements, which were then used to close additional financing.

Produced monthly financials by department (Prescriptions, Diabetics, Analgesic Creams, Health & Beauty Aids, Boutique, Vitamins, Surgical Supplies, and Homecare).

Quickly learned revenue cycle for prescriptions and made necessary adjustments to the tracking systems report of 10,000 prescriptions monthly to ensure prescription revenues were accurate on an accrual basis.

Spearheaded the closing of $2M financing through the SBA and provided recommendations that led to owner closing down unprofitable business lines.

Chief Financial Officer – U.S. Mortgage Corporation ■ Melville, NY ■ Sept. 2013 – Sept. 2014

Instrumental in strengthening financial management capabilities for an independent warehouse mortgage bank as it faced a downturn in business and tight cash flow due to increased interest rate. Manage four direct reports.

Managed cash flow and banking operations of three warehouse banks and 12 different active bank accounts.

Quickly acclimated to company’s systems (an older version of Peachtree accounting) that were all based on repetitive data entry and led initiatives to automate revenue, commission, and payroll cycles.

Migrated general ledger systems to QuickBooks with functionality to report profitability on job, salesperson, and division level bases. Automated importing of revenues from operating database (Encompass) into QuickBooks.

Provided monthly reporting company-wide (17 branches across more than six states). Established monthly reporting for the first time in company’s history.

Handled quarterly reporting to government agencies, financial institutions, and investors.

Contributed to achieving $1.5M annual savings by advising management to right-size company’s operational staff in response to decreased volume.

Worked with a staff that was unknowledgeable in accrual basis accounting and monthly closing. Trained all staff members on the use of new systems.

Identified employees who had been paid duplicate on several large commissions. Implemented new web-based, scalable commission tracking and reporting system for 70+ loan officers and sales assistants.

Replaced payroll processor and converted payroll from biweekly to semimonthly paradigm (Paychex – 125+ employees, $10M annual payroll). Trained employee on how to process payroll as well as keep track of commissions also imported from operational database.

Converted transaction entry from hybrid cash basis to full accrual basis and financial statements from a quasi-cash basis to full GAAP basis. Reviewed prior periods and proposed adjustments to comply with GAAP.

Interviewed and selected the company’s new external audit firm and managed all aspects of the audit.

Consultant – Information Systems Unlimited ■ Bethpage, NY ■ April 2012 – Sept. 2013

Started company providing accounting, technology, and information systems consulting services to clients.

Retained by WPI Recovery Professionals, LLC, in analysis of BP Oil Settlement Agreement and determine causation and claim compensation amounts in relation to the Gulf Oil Spill of 2010.

Built Excel based models to quickly determine causation and estimated claim compensation amounts.

Mined financial data from claimant general ledger systems for input into model which first required quick reconciliation of five years of operations in each claimants’ general ledger to its tax returns.

Prepared adjustments to claimant financials to adhere to Settlement Agreement Guidelines.

Managed quality assurance aspects of migrating Cloud based Accounting Relief and Payroll-Relief products to new Asp.net/ MVC platform for Accountants World LLC.

Functionalized analysis and specification of entire general ledger program

Authored and hosted training webinars on the use of the company’s software.

Managed and coordinated staff four in QA testing and supporting new program areas.

Controller / Vice President of Finance – Grady Levkov & Co., Inc. ■ New York, NY ■ May 2000 – April 2012

Managed financial operations for a multimillion-dollar recruiting company.

Built accounting department from the ground up. Automating revenue and commission cycle to be generated from a web based (PHP) activity management database system.

Worked with lead developer to integrate accounting functionality into the company’s web-based human resource management software.

Handled tax planning, human resource functions, all insurances and interaction with external accountants, TPAs.

Senior Accountant / Consultant – KPMG, LLP ■ New York, NY ■ Nov. 1996 – May 2000

Worked as an auditor and consultant for clients in diverse industries.

Collaborated with finance department of Cablevision to produce a budgeting model for expansion of its Optimum Online Broadband Internet Product. Used MS Excel to implement Visual Basic programming to update changing financial assumptions related to expansion of services.

Developed MIS exception reporting system for Chase Manhattan Bank to mitigate loss exposure caused by integration of domestic trade operations reporting systems during and after its merger with Chemical Bank. Used MS Access and MS Excel to identify, track, and age discrepancies related to Fixed Income Securities (Interest), Trade Exceptions, Dividend Exceptions, and Conversions.

Additional Experience:

Adjunct Professor of Accounting – Farmingdale State University, Farmingdale, NY (Sept. 2013 – Present; Sept. 2001 – May 2004).

Per Diem Accountant – Raphael, Sanders, Goldberg, Nikpour & Cohen, CPAs, Woodbury, NY (June 2007 – March 2010). Worked on client projects as needed, including financial planning, projections, M&A due diligence, audits, taxes.

Associate Professor of Accounting – Briarcliff College, Bethpage, NY (January 2004 – Sept. 2008).

Adjunct Professor of Accounting – Adelphi University, Garden City, NY ( July 2005 – August 2007).

Education

M.S., Computer Science & Information Systems – Polytechnic Institute of New York University (2003)

B.B.A., Public Accounting – Hofstra University, Hempstead, NY (1997)

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