Management Manager

Location:

Newark, NJ

Posted:

June 06, 2016

Contact this candidate

Resume:

LINDO LAPITAN

** ***** ****** **** *-**

Belleville, New Jersey 07109

Mobile # 516-***-****

Res # 973-***-****

Office # 973-***-**** x 2040

PROFESSIONAL EXPERIENCE:

T FARESE & SON DIRECT WASTE

Parsippany, New Jersey

Controller

May 2015 - Present

In Charge of Accounting/Finance and Administrative function;

Handle all Financial Closing with Balance Sheet Analysis and Financial Cash Flow;

Analyze, review and present Monthly Financials and closings,

Responsible for all the PP&E Assets and inventories using FAS 2000;

Present Management with Weekly Activity Report-Dashboard Report, from Unit Costing, Revenue Analysis, Treasury movement, Head count and other Operating Activity. These are vital information for the Top Management to find out productivity and comparable from weeks actual vs. budget;

Treasury function, daily cash receipts, Revenue collections, DSO and weekly disbursements;

Monitor Sales lead sheet using Management y Objective approach;

Monitor all Notes payable schedule payments;

Interface actively with Vendors and Customers;

Responsible for Outside Accountants/Auditors;

Act as the Business partner of the CEO in acquiring more assets and justification of any Capital Expenditures;

Prepare Municipalities bids, Request for Proposal, Request for Bid and other new Business Development;

Refinance/repackage our $5.5M note and $1.5M BLOC for lower interest rate and replace the old BLOC for a new $2M Line.

All Administrative functions from hiring of personnel, Workers Compensations, General, Auto, GL and other Insurance, Union -CBA negotiation and other benefits like Health Insurance and other Human Resources Plan.

WINTERS BROTHER WASTE SYSTEM OF LONG ISLAND

Bohemia, New York

Controller

September 2014 - April 2015

Responsible for all Accounting Department and Financial Reporting, (Finish all March 2014 to September 2014 financials in 8 weeks, which includes Balance Sheet Analysis)(Bank Recs, PP&E Notes Payables, Tangibles and Intangibles);

Introduced and prepare Unit Cost, Variance Report and other Management Reporting Analysis;

Tasked to handle all the Treasury, Cash flow and Cash position of the Company;

Monitor DSO, Receivable and Vendor payables, which include heavy interaction with Vendor payments and collections;

Responsible for all the Administrative functions,( ie Health Insurance, Workers Comp, Payroll and Bank)

Involved in assisting Operation Manager about Budget, costing and pricing

Monitor all the Covenants that we are in compliance;

Key personnel in Acquiring the Progressive deal (Long Island), doing Due Diligence, Covenants, Review and study of all the routes for affectivity and Productivity for Hauling Division and Transfer Stations and MRF Strategies;

Responsible for the smooth transition of the Operation on the Acquisition (of Progressive-LI)

Prepare Weekly Management Report, Revenue Analysis, Productivity Report, Transfer Station and MRF Unit Cost, (Progressive-Long Island Division)

NEPTUNE GROUP OF COMPANIES

Controller

June 2008 to August 2014

Responsible for all the Accounting & finance department.

Run the treasury, Accounts Payable & Accounts receivable, notes payable due and Reengineer all General Ledger, systems & procedures, Chart of Accounts tailored fit for their Business, easy reporting, Balance Sheet analysis and Profit and Loss;

Assists in software conversion, automation, integration and interfacing their day to day operation to their General Ledger and subsidiary ledger;

Prepare “Operation Manuals; Systems and Procedures, Guidelines, Duties, Responsibility and accountabilities, Chart of Accounts tailored fit for their Business, easy reporting, Balance Sheet analysis and Profit and Loss;

Be GAAP and FASB Compliance;

Analyze Operation and come up with Management Report to assist Management Team in accomplishing their Targets and Objectives. Information could be in unit cost, variance analysis, and other vital information that can be utilized to attain their objectives;

Act as the Liaison between the Company and Financial Institution or lending bank; reviewing all covenants, agreements and compliance;

Prepare Due Diligence, Company Valuation, Financial Models, Budgets, Projections, Business Plans and Pre & Post-merger Review.

Assists in their Financial Closing, Quarterly’s, Year-end, bookkeeping and other Accounting functions such as posting journal entries, closings, payroll taxes and impounds (941, 940, FUTA, SUI, FUTA, etc) reviews, analysis and financial compilation;

Assists in Audits and documentation; preparation of narratives and footnotes;

Prepare Balance Sheet Analysis, reasonableness test, Profit and Loss analysis with narratives; and;

Prepare Corporate taxes (1120’s, 1065, etc.) & Personal Taxes.

FX LUXURY, LLC (formerly METROFLAG MANAGEMENT, LLC.)

Howard Hughes (Las Vegas, NV)

Feb 2005 to – March 31, 2008

Corporate Controller

(Real Estate, Property Management, Pre-Development, Construction and Entertainment)

Responsible in monitoring Accounting and Finance Department of the companies. With Thirty Two (32) entities to reconcile on a Macro basis (top Level), I have designed a full consolidated Financial Statement with elimination and regular month-end and year-end closing;

Prepare all necessary SEC compliance requirements and filings, i.e. S-1, 10K, 10Q and F schedules;

Additionally, since we are a Public company now, I was tasked to design controls, systems and procedure, Financials Controls, create Internal Audit team to make sure that we are in compliance and create Sarbanes-Oxley control system (this includes preparation of whole narratives and tabular check and balance of the Organization procedures);

Prepare Financial Closing from Micro to Macro level utilizing all GAAP and FASB application; and analyze Balance Sheet Accounts and Profit and Loss statement.

Prepare MD&A and comparatives to evaluate performance and objective;

Set-up Due Diligence procedures, Company Valuation, Financial Models, Budgets, Projections ( forecast and reforecast models), Business Plans, and Pre & Post-merger Review (compliance and covenants);

Develop strategic plans on how to increase economic value added to our company;

I was responsible for $300M consolidated loan with Barclays Bank and negotiated the refinancing of the loan for $600M with Credit Suisse;

Part of the team responsible in making the company Public (last September 1, 2007). Handled 3 years of Audit with 6 separate mid year Audit with Ernst and Young and dealt the partnerships

taxes (K-1’s) issue; (This includes heavy interfacing with Auditors for our quarterly reviews and changes in GAAP guidelines);

Being the Corporate Controller of the company (which own 27.73 prime land in the strip and with currently 150 tenants) part of my duty is to make sure that Property Managers is on top of all tenants rentals paid on time with proper CAM charges or percent of sale (triple net lease);

Review all leases and liaison between tenants, landlord (us) and legal team; heavy constant negotiation between tenants, Property Manager and Lawyer;

Sign, review, and approve all accounts payable, accounts receivable and their specific aging;

In charge of all the companies Treasury (62 bank accounts) and report Cash position/projection for the day and act as the Administrator with Internet Banking, Intra Company wires and other banking related issues;

Act as the Administrative head which includes all Human Resources function including review of resume, interviews and act as liaison between our benefit administrators (3rd party);

Currently, I just finished the Operational Budget, Pre Development Budget and PreDevelopment draws (like WIP), and preparation of future Business Plan for the coming Construction/Project at the strip. At the same time, I am negotiating with Credit Suisse for the cost of Construction/ Development;

Just finished the conversion and integration of our new software (Great-Plains interfacing with Timberline). This new software includes some modification to tailor fit for our Property Management and future Construction project, and would utilize possible integration of different modules from A/P, Purchase Order, Receivables, Job Costing, Estimates, PP&E, and FF &E with corresponding comparatives with Budget and Variances.

ALLIANCE ENVIRONMENTAL TECHNOLOGY/ INTERMODAL INC.

Controller/Chief Financial Officer (Bronx, New York)

Jan 2004 – November 2004

Set-up the Accounting and Finance Department; and monitor Inter-modal Operation;

Initiate the preparation of Company’s “Business Plan” to utilize as the benchmark for Companies goal, objective, targets, budget, projections, forecast, cash flow, Capital expenditures, and performance (5 year Plan);

Prepare Marketing Plan, anticipated Sales Leads and Operation Manuals;

Responsible for supervising the daily Operation; negotiation with the Railing companies, Waste Companies for pricing, tonnages and transportation of Waste to the Landfill.

Implemented “Weekly Management Report”, unit cost, and productivity report;

Redesign/overhauls Systems and Procedures, and initiated Cost Control;

Prepare Time and Motion study;

Set-up chart of accounts for conversion and prepare consolidated financial statements;

Conversion of new software to MAS 90 to MAS 200 with recreating chart of accounts, proper historical, mapping of old GL accounts to new GL accounts, and automation of report writer for our financial statement;

Review all aspects in GL (Account analyses and Balance sheet analyses) and monitor all journal entries (from payroll, recurring, reversal, accruals prepaid, amortization and depreciation;

Discuss daily Cash Flow, cash target, limit 35 days DSO (Days Sales Outstanding), treasury functions, Line of Credit and all Administrative functions, such as Insurance, legal, software’s and personnel issues.

Introduced financial and investment companies to the Principal and restructure debt and consolidation. (through Merrill Lynch-Connecticut);

Strongly involved in business operation, recycling, hauling, Transfer Station and 3rd party truckers;

Implemented the Inter-modal Facilities and Landfills Business Plan, Models and strategic attacks for the business.

Coordinated the whole team of engineers, manufacturers, and designers for the production of the special containers that could handle MSW and C&D.

Responsible to set-up Accounting procedures needed to run the facility, transportation and MRF, manifest and OSHA regulation and licenses.

Prepare a pro-forma of different Management reports to be utilized after the operation resumes, i.e. productivity report, number of tons, time table for return of the containers, time and motion study, and other vital management report to minimize cost and maximize productivity;

Act as the Administrative Officer in terms of all administrative functions, personnel, hiring, insurance both commercial and employee benefit plan.

WINTERS BROTHERS RECYCLING

CHIEF FINANCIAL OFFICER/CORPORATE CONTROLLER

Feb 2002 – Dec 2003 (Long Island, NY)

Responsible for all Accounting and Finance Department;

Prepare ‘Business Plan”, Marketing Plan, Sales/Revenue, budget, projections and forecast and implemented “Weekly Management Report” for early detection and capture revenue targets, volume, unit-cost, FTE headcount, downtime, productivity report and other Operational issues that would affect the overall Business Plan before the monthly closing;

Prepare Strategic Plan for Business Development, Market penetration, Operational leverage, equipment maximization, FTE Head Count, Inbound-Outbound MRF, Recyclable products lines and Inventory;

Monitor Capital Expenditures and justification of any Equipment Purchases, and analysis of cost for Repairs and Maintenance compared to replacing the equipment.

Prepare Time and Motion study, PERT-CPM and other Operational issue to maintain the quality of recyclables and strict monitor of the trends of the prices of Recyclables products;

Review daily Operational inbound and outbound materials, Recycling ratios, fluffs and Price, Cost and volume;

Implement Management by Objective by monitoring Sales Team, Lead Sheets, New Business Development and other Administrative support to the Marketing Group to attain their Objectives;

Overhaul Systems and Procedures, and initiated Cost Control. Prepare consolidated financial statements, Financial Closing, Interco-Matrix, Consolidation and review all aspects in GL (Account analyses and Balance sheet analyses) both micro and macro level;

Monitor daily Cash Flow, cash target, limit 42 days DSO (Days Sales Outstanding), treasury functions, Line of Credit and all Administrative functions, such as Insurance, legal, software’s and personnel issues;

Act as the supervisor of the Safety Manager of all the facilities and always updated with the OSHA regulation, DEP, DEC, EPA DOS and DCA compliance;

Very much involved with Operation and act as a Business Partner with the Operation Manager;

Prepare bids, RFP, RFQ and got awarded for Town’s Curbside pick-up, Recycling Program, Manage the Material Recovery Facility, Co-Composting, 5-60 yards Container services to any of the Town and City demolition or Construction Projects;

Introduced and Implemented to the Principals the “Horizontal Integration of the Business”;

Analyzed any Beneficial Used Determination (BUD);

Introduced financial and investment companies to the Principal and restructure debt consolidation;

Strongly involved in business operation, recycling, hauling, Transfer Station and 3rd party truckers;

Led a management team for 2 acquisitions in less than 1 year (Rapid and Kings Point);

Did system conversion from Soft-pack to Great Plains;

Act as the right hand of the CEO.

INTERSTATE MATERIALS CORP.

CONTROLLER

November 1997 – Jan 2002 (Staten Island, New York)

Started as a Financial and Operational Consultant;

Responsible for all aspects in accounting and operation;

Fully automate the accounting department with the integration of sales, account receivables, accounts payable and the general ledger;

Prepare, initiate and implement the “Standard Operating Systems and Procedures”;

Reengineer the whole schematic of the facility and reorganized the “Flow of Work”;

Reorganized accounting procedures for better control, check in balance, audit and paper trail, and eliminating duplicate task.

Initiate “Balance Sheet Analysis”, and timely financial reporting. This includes daily and weekly activity “flash” report with Unit Cost analyses. Analyze variance from actual, budget, last year and projected forecast.

Responsible for all treasury function, funding, opening of credit lines and act as liaison between bank and the corporate office. Responsible for all mergers and acquisition, financial models, due diligence and funding of acquisition. (Latest was the acquisition of Rapid Recycling-Long Island);

Negotiated and won different contracts with NYC for Fresh Kills Landfill for cover material worth $120M in revenue and other Clean-up, Recycling Program of the City of New York;

Prepared 5 year business plan with narratives, financial, tabular, and graphical model. Also, part of my task is to make sure that we are all in compliance with governmental agencies with permits, licenses and other labor related, Unions and Safety issue (OSHA).

WASTE MANAGEMENT OF NEW YORK (Formerly ReSource, NE)

MANAGER - ACCOUNTING & FINANCE/CONTROLLER/PLANT CONTROLLER

(Other position held with Waste Management-Controller for MSW Transfer Station, Controller for C&D, Controller for Hauling and Controller for Repairs and Maintenance Division)

April 1989 – September 1997

Summary

Responsible to oversee accounting functions for a fast growing integrated solid waste services company, including external and internal financial reporting, payroll, customer billing and collections, accounts payable. Part of the senior management team that completed the consolidation of local $40M waste company and packaged the enterprise resulting in the sale of the business to the industry leader for $300M. Successfully managed the initial transition period from local privately held company to the largest publicly held enterprise in the industry. Developed unique blend of corporate accounting and reporting skills and knowledge of all operations (Hauling, Transfer Station, Transportation, Recycling, Mechanic Shop, Landfill negotiations, Sale of Recyclable Materials and Container Shop) for the company’s entire business segments.

Reporting

Converted a cash basis, nonintegrated general ledger to an accrual basis general ledger integrated with the hauling and solid waste processing facility sales system and the purchasing, payable system.

Reorganized the chart of accounts to facilitate division, department and consolidated reporting.

Designed and initially prepared a comprehensive weekly flash report that contained 8 weeks of rolling data (presented graphically and tabular form) related to all key operating leverage points including revenues, volumes, pricing, headcount, disposal cost and other operational statistics, that served top management’s primary source of information to run the business.

Prepared and developed monthly unitcost-gross profit price/volume variance analysis by division and overall.

Prepare all financial review packages and assist in presentation the top results to management at finance meeting.

Assisted the Director of Financial Planning with annual budget preparation.

Utilized the ADP report writer to analyze cost, deductibles, withholdings, and other liabilities.

Business Development

Involved with study of Beneficial Used Determination;

Monitoring of all Recyclable products, materials and Price trends;

Develop, study and research what other resources we could utilized to minimize cost and increase Recycling ratios;

Led the process of preparing a “data room” that contained all company information that would be of interest to potential merger partners and their financial and legal advisors during due diligence process.

In a five-month period, led the due diligence process for ReSource whereby three different public companies sent teams of finance/legal personnel to review the data room contents.

Created the process of the preparation of “Representation & Warranties” exception schedules for two deals, before merger with Waste Management.

Business Process Improvement

Integrated all accounting functions for a $40mm company that was acquired in 1994.

Served as a member of MIS Steering Committee; was an integral part of the team that, with our software vendor, reviewed all current systems in orders to optimize their performance.

Developed specifications for a new P&L data base reporting system that was written in FoxPro by an outside consultant.

Directed staff in the development of written desk procedures for all areas-billing, receipts, payable and payroll.

Reorganized Mechanics/Maintenance Department and developed and implement inventory system. This includes the automation of Fixed Assets System (Trucks, trailers, machinery and equipment) utilizing Computerized Fleet Analysis (CFA).

ARTHUR ANDERSEN

Park Ave. New York, New York

Auditor/Accountant-Senior 2,

October 1986 – March 1989

Audited different types of industry such as Waste Companies, Manufacturing, Textile, Import and Export and Publishing Companies;

Prepare lead sheet and schedules, cash confirms, reasonable test, accruals, contingency, depreciation and amortization, restricted cash, cash confirms, Interest expense categorical to Long term and Short term;

Prepare GAAP checklist, and prepare footnotes and other related issues for the preparation of the financial reporting;

Prepare taxes (1120, 1120S, K-1, with attached schedules and 1040’s)

Responsible for overseeing Junior and Senior 1 auditors and accountants.

EDUCATION: -- Masters in Business Administration (MBA),

Major in Accounting & Finance

Letran College-Manila, Philippines ( 1985)

Bachelor of Science Business Administration Degree

Major in Accounting

Letran College-Manila, Philippines (1983)

SKILLS: QuickBooks Pro, Tower, Great-Plains, Crystal Report Writer, FRX report Writer, PeopleSoft, Timberline, Rent Manager, YARDI, ERP System, DELTEK, Sage Software Products, QuickBooks, MAS 90, MAS 200, AS400, Soft-Pak (I-Pak), FAS 1000 and 2000, Oracle, Solid Waste Technologies (SWT), COGNOS, Trash Flow, Waste Works, Computerized Fleet Analysis (CFA), Eclipse system, OSAS (Open System Accounting Software), Microsoft Dynamics, ProfitTrac, Platinum, e-Tek, Job Cost, Explorer Software (Construction Management Software), Account Mate, FoxPro, Access, Peach Tree, One Write Plus, QUICKBOOKS, ACCTPACC, Microsoft Office., Word Perfect, Lotus 123, Quattro, MAC, Data Flex, AS400, CIMS, Access, Word Perfect, COBOL and Dbase.

Certificate: Sarbanes-Oxley 3 day Seminar (AMA Workshop) Boston Ma. (2007)

Computerize Fleet Accounting-(CFA) Chicago Ill. (2003)

FASB – (AICPA) New York, New York (2002)

Financial Management - (AMA Workshop) Los Angeles CA (1997)

Fixed Assets Management - (AMA Workshop) Boston, MA (1995)

Fixed Assets System (FAS1000 and FAS 2000) – Local (NY, NY) (1991)

FoxPro/Access

ADP-Payroll and Report Writer.

REFERENCES: See Below

Lindo Lapitan References:

Angelo Aponte – Former NY State Secretary of Senate/Former NYC Commissioner Consumer Affairs Tel # 917-***-****

Charlie Gusmano – COO Southern Waste System West Palm Beach -Florida