Manager Accounting

PETER DE PELSMACKER

LOS ANGELES, CA

310-***-**** *************@*****.*** www.linkedin/in/pdepelsmacker.com

ENERGETIC FINANCIAL PROFESSIONAL

-A financial professional with a broad-based expertise in finance, business operations, and development.

-Conceived and executed innovative strategies in cooperation with Management, Board of Directors and outside investors.

-Analyzed situations rapidly and met demanding objectives.

-Reorganized and revitalized companies.

-Proven track record of cost containment while improving bottom line results.

-Experienced from start-ups through established companies with restructuring and mergers and acquisitions

-Secured funds and re-negotiated existing debts.

PROFESSIONAL EXPERIENCE

CFO, MedFocus Radiology Network – Santa Monica, CA (Now a subdivision of OneCall Care Management) 2004-2016

Between 2014 and 2016:

-Advised and prepared for the successful sale of the company in cooperation with an independent audit team, CohnReznick.

-Gathered data for valuation and audit for a top ten rated Investment Broker and Venture Capitalist firm; Royal Bank of Canada, Capital Markets.

-Addressed all questions and inquiries of the buyer’s due diligence process through a Big 4 accounting and audit firm, KPMG.

-Converted from Cash basis accounting to Accrual accounting for Audit purposes.

Additional:

-Oversaw inter-related U.S. companies with divergent and often conflicting legal and tax regulations.

-Audited accounting and databases: Assets, Liabilities, Accounts Receivable and Accounts Payable Aging.

-Prepared and analyzed Balance Sheets, Profit and Loss and Cash Flow Statement.

-Reconciled Accounting and Bank Statements.

-Developed Depreciation and Amortization schedules.

-Analyzed monthly Revenue versus Cost of Goods and Overhead expenses and ratios.

-Prepared financial information for RFP’s and presentations to prospective customers.

-Streamlined the workings of the Accounting Department with the Billing and Collection departments, integrating them in the proprietary software.

-Developed statistical reporting.

PETER DE PELSMACKER *************@*****.*** 310-***-**** PAGE 2

CONTROLLER, Golden West Foods Corporation (Chain of Franchised Denny’s Restaurants) – Sherman Oaks, CA (Contract) 2001-2003

-Audited existing bookkeeping, implemented ordering systems and reconciled all Federal, State and Local taxes.

-Restructured the bankrupt restaurants through a Chapter 11 proceeding while retained by the US Trustee and worked in close contact with the creditors, bringing 65% of the restaurants back from bankruptcy into profits and to be sold a ‘turn-key’ operation.

SENIOR FINANCIAL ADVISOR, Worldsite – Beverly Hills, CA (Contract) 1999-2001

-Hired on a contracting basis to integrate several related companies.

CONTROLLER-MANAGER, Whitewater Energy Corp., Palm Springs – Torrance, CA

1997-1999

-Wrote a feasibility study to investigate the profitability of a $140 million project; structured and negotiated its financing and designed a first draft of the software to manage the progress from implementation to completion of the project.

-Developed a warehouse inventory control program linked to monthly billing to turbine owners.

-Wrote a computer program to guarantee a preventive maintenance schedule, avoiding cost intensive breakdowns.

-Integrated position of Controller and Manager to avoid overlapping expenses and contradicting initiatives.

EDUCATION

Masters in Business Administration – Pepperdine University, Los Angeles

Masters in Philosophy – State University, Gent, Belgium

Business / Modern Languages (French, German, Dutch) – Business Institute, Belgium

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