Michael Joseph Tabacchi
*** ******** *****, **********, ** 15212
Work History
Hometown Mail Center 2009 – Sep 15
Mt Lebanon, PA
Owner
• Purchase of shipping and packaging mailing store with sole ownership
• Responsible for all facets of the business – operational, staffing, financial, procurement, and claim resolution
• Increase of revenues by 25% and reduction of spending by 20%
• Negotiate favorable pricing tiers with Federal Express and UPS
• Awarded Outstanding Customer Service award for favorite store In Mt Lebanon by Mt Lebanon Magazine
Betts USA, Inc. Jan 08 – Oct 08
Florence, KY
Financial Controller
• Manage accounting and finance functions for two manufacturing facilities, Oral Care and Personal Care, for a division of Betts UK with revenues of $70M
• Provide profit margin analyses on existing and new product line launches
• Develop standard operating procedures for all operational transactions within ERP solution, MFG/Pro
Bway Packaging 2005 - 2008
Newtown, OH
Assistant Controller
• Manage accounting and finance functions for the Cincinnati aerosol can facility for a division of Bway Corporation with revenues of $100M
• Develop procedures and policies for accounting and operational processes in order to comply with SOX requirements
• Conduct quarterly reviews of existing internal control documentation; report all internal findings to corporate internal audit division
• Educate/train users with ERP solution, MFG/Pro
• Utilize MFG/Pro to eliminate manual spreadsheets maintained in Sales, Procurement, and Planning departments
Newport Steel Corporation 2001 - 2005
Newport, KY
Assistant Controller
• Manage and review monthly financial statements – P&L, Balance Sheet, Cash Flow – for a division of NS Group, Inc. with revenues in excess of $150M
• Manage accounting functions – cost and inventory accounting, general accounting, fixed assets, and payroll
• Involvement with process of identifying internal control weaknesses and instituting written policies and procedures to mitigate discovered weaknesses
• Chairperson of a company-wide ERP policies and procedures committee to better utilize ERP solution, Axiom
• Reduction of month-end closing time frame from 5 business days to 3 business days
WNA Hopple Plastics 1996 - 2001
Florence, KY
Plant Controller (1999 – 2001)
• Manage and review monthly financial statements for a division of Waddington with revenues of $40M
• Manage accounting, purchasing, information systems, and warehousing departments with 30 direct/indirect employees
• Prepare pre-budget and budget details for presentation to corporate management
• Negotiate with raw material suppliers to purchase materials at best pricing without compromising quality and service
• Improve cash flow by improving receivables from 75 days outstanding to 30 days outstanding – in line with standard net 30 day terms
• Recommend and implement staff reductions totaling 35 employees providing an annual savings of $1M
• Increase working capital through aggressive inventory reduction totaling $2M
• Reduce annual outside warehouse expense by $500k by reducing hours of operation and transport service to and from warehouse facility
Cost Accounting Manager (1996 – 1999)
• Assist with the implementation of standard cost system in ERP solution, The Manufacturing Manager
• Responsible for properly costing over 200 products utilizing bill of material system
• Responsible for analyzing production activity and manufacturing variance reports
• Develop cycle count procedures resulting in improved inventory accuracy from 35% to 95% through inventory procedures and training
Aristech Chemical Corporation 1991 - 1996
Pittsburgh, PA/Florence, KY
Staff Accountant
• Prepare journal entries for month-end closing
• Prepare financial documentation for external auditors
• Assist cost analysts with daily preparation of internal/external reporting
Education
Rider University, Lawrenceville, NJ
B.S. Accounting, 1991