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Accounting Management

Glendale, California, United States
October 06, 2016

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**** **** ******** ****** ********, California 91201

Home: 818-***-**** Cell: 213-***-**** SUMMARY

Hands-on senior management professional with strong leadership skills, a strategic orientation and a keen focus on the bottomline.

Operations, Finance & Accounting Strategic Planning & Implementation

Startup/High Growth Ventures International/Multi-Entity/Multi-Site Operations

Processes, Policies & Procedures Distribution, Retail, and Services Arenas

HR/IT/Budgeting/Cash Responsibilities CPA/MBA


Thomas J. Rochefort, CPA, Consultant 2009 - Present Management and Financial Consultant to various businesses including Healthcare, Real Estate, Exhibit Design and Manufacturing, Furniture Design/Manufacturing/Rental, Importer, and Construction.

VP Finance for a national, multi-entity, PE-funded, dental-lab rollup based in CA. Cut expenses, upgraded IT, streamlined accounting processes.

COO/CFO for a family run, real estate redevelopment project on the East coast. 3 year project that required intricate interaction with federal, state, county, & local government entities.

Acting CFO for 5 physician-owned, cutting-edge/hitech, multi-entity medical services’ businesses. Reoganized Quickbooks and outsourced Billings & Collections that reduced expenses & increased cashflow & collections.

ETHOS DESIGN, LLC/LOUNGE22, LLC, Glendale, CA 2009 - 2010 Exhibit design and manufacturing. Furniture design, manufacturing, and rental. Interim Chief Financial Officer

Came into these distressed businesses in order to reorganize them. Quickly took them into Chapter 11, reduced overhead, headcount, and facilities, and worked with Creditors’ Committee and attorneys to sell the assets of ED to a newly formed entity. Eventually sold the assets of L22 to a competitor with a lucrative consulting and supply contract for the new design entity. SALUS SURGICAL GROUP, LLC, Beverly Hills, CA 2005 – 2009 Multi-entity, multi-site Outpatient Surgery Center Management Company. Chief Financial Officer/Corporate Controller

Responsible for all the Finance and Accounting functions. Managed growth from $20 million to over

$100 million in 2.5 years, achieved with a modest increase in staff which handled payroll, payables, financials, and account analyses. Handled all cash management, day-to-day lender interactions, and lessor and vendor negotiations.

INTERNATIONAL RESOURCES SERVICES, Los Angeles, CA 2003 – 2005 Operational and Financial Consulting - Principal.

Thomas J. Rochefort, CPA Page Two

Business Advisor/Consultant

Agile business consulting organization that handles the outsourcing of the finance, accounting, HR, IT, and operations’ functions for start-ups and small to medium size businesses. Major clients included:

CFO of a high-end Retailer of home theatre/entertainment systems. Second largest retailer in the US.

Controller of a multi-site (10) Surgery Center Management Company comprised of over 30 entities.

Acting CFO for three related, privately-held, companies in the cosmetic industry. HITECH SYSTEMS, INC., Los Angeles, CA 2002 – 2003

Software Development Company in the public safety arena. Chief Financial Officer

Responsible for all accounting, finance, administration, HR, and contract administration for this 21 year old, privately-held, company. Hitech develops software solutions primarily for government entities that manage and operate 9-1-1 facilities for police, fire, and EMS personnel.

Increased cash flow/decreased receivables by 50% in first 90 days.

Constructed multi-level, business model to instantaneously monitor cash flow and changing business scenarios.

Negotiated contracts with major venders (IBM, HP, MapInfo, WebEx) that increased profit margins, extended credit terms, and increased partnering opportunities. MONDO MEDIA, INC., San Francisco, CA 2000 – 2001

New Media Entertainment Company.

Corporate Controller

Responsible for all accounting and finance functions of this company that develops and distributes animation content over the internet. Evaluated, planned, and implemented an ERP package (Solomon IV), upgrading from QuickBooks. Worked with the CFO and department directors on strategic and operational issues ranging from HR, IT, cash management (raised 3rd round in 2001 - $17.5 million), operations, and finance.

BIGGS & CO., CPAs, Los Angeles, CA 1998 – 2000

Local CPA Firm.


Worked with start-ups providing fundamental business advice in the areas of capital formation, management team selection, compensation, and strategic direction for these emerging enterprises. INTERNATIONAL RESOURCES SERVICES, Los Angeles, CA 1993 – 1998 Operational and Financial Consulting - Principal.

Business Advisor/Consultant

As a strategic business consultant focusing on the "turnaround" market, my primary responsibility was providing experienced leadership and decision-making expertise in helping troubled organizations function more efficiently and effectively. Major engagements included: Thomas J. Rochefort, CPA Page Three

COO/CFO for an Entertainment Company in the employee leasing/payroll service/accounting software business. Spearheaded an intensive MIS revitalization and comprehensive upgrade of hardware, software, and personnel that resulted in 800% faster throughput, cut down time by over 90%. CFO for a Managed Care, Mental Health HMO in turnaround mode. Negotiated cost savings, managed cashflow, restructured accounting and financial reporting. Our plan ensured 100% continuity of service to our customers and $0 losses to providers. Evaluated, negotiated, and completed a strategic acquisition. INFLIGHT DUTY FREE SHOP, INC., New York, NY 1987 – 1993 International, Multi-Entity, Multi-Site, Service, Distribution, and Retail Consumer Products Company. Corporate Controller

Joined this startup venture at ground zero as the "accounting department". Responsible for all accounting banking, insurance, taxes, HR, and legal issues. Inflight was privately held and grew at an average annualized rate of 64%, with revenues reaching $85 million. Managed three computer conversions during our explosive growth. Formulated, planned, and implemented a state-of-the-art credit card processing system that cut processing time by 75%, reduced fees, and improved cash flow and profits by over

$100K. Coordinated total cash management for over 50 accounts with 25 banks in 14 countries. Responsible for due diligence and subsequent integration of 3 acquisitions and 1 joint venture. DELOITTE & TOUCHE, New York, NY 1984 – 1987

Senior Accountant





Microsoft Dynamics, Great Plains, Sage 50, Peachtree, MAS 90, Solomon IV, Quickbooks, Lawson, ProSeries, Lacerte

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