Sign in

Accounting Professional

Hobart, Indiana, United States
October 07, 2016

Contact this candidate


Kenneth J. Sak, CPA, CGMA

Hobart, IN *****

mobile: 219-***-****


skype: kenneth.sak02


Service 11 years – Company size $3 – $100 million. Physician group, insurance services, ambulance & medical transportation, fire extinguisher & equipment, engineering, construction management, non-profit, governmental services, garbage collection & hauling, landfill management, wholesale distribution, retail stores, restaurant, software development

Manufacturing 19 years – Company size $10 – $500 million. International consumer electronics, government electronics, chemical processor, environmentally friendly chemical solvents, auto parts suppliers (JSOX audits & IFRS reporting), steel fabrication, machine shop for auto, military and others, consumer home improvement products, consumer packaging, laminated wood products

Construction 4 years – Company size $20 – $200 Million. Commercial buildings, property development, shopping center, stores & office buildings; water treatment facilities; landfill construction, closures and post closure accountability; branch library, asbestos abatement


Onyx Distribution & Service, Chicago, IL 2016 – Present


A group of companies designed around sustainable packaging from the US importer through the distribution to end users including major airports, sports stadiums, exhibit halls and restaurants. The combined revenues for this group is expected to double in 2 years.

Responsible for the financial reporting in accordance with GAAP, multiple state payroll tax reporting, prepared the workers compensation audit, annual financial reviews and reconciliations

Cleaning up the financial statements making them useable for the growth

Working to improve the inventory control system

Developing a commission system for sales personnel

Designing a cash flow forecasting and report process

Aggeus Healthcare, Chicago, IL 2013 – 2015

Director of Finance

A physicians group consisting of 85 doctors and assistants servicing nursing and long-term care facilities in 13 states along with the administrative and medical billing provided by a 35-person office covering the practices of Podiatry, Optometry, Audiology and Dentistry. Minority owner of a Dental insurance company. The combined revenues for this group was $15 million.

Responsible for the financial reporting in accordance with GAAP, cash flow forecasting, multiple state payroll tax reporting of all the companies, coordinated the 401k audit, workers’ compensation audit, annual financial reviews and tax returns, HIPPA compliance

Cleaned up the financial statements making them reliable to the financial institutions

Converted financial statement to accrual from cash basis while reducing the closing process to 5 days from 30

Streamlined the accounting & business workflow process utilizing best practices saving countless hours

Modernized the payroll time keeping utilizing cell phones and mobile apps eliminating errors

Modernized the expense reporting process utilizing cloud technologies allowing quicker turnaround without mistakes

Designed the system for reporting operational performance analysis on a weekly basis

Streamlined the cash flow forecasting and report process so it was updated on a weekly basis

Computerized Accounting Services, Hobart, IN 2008 – 2014

Accounting & Tax Consultant

Accounting and tax services for various clients in need of specific assistance as needed.

Parkinson Support Center of Kentuckiana – annual 990, monthly financial statements, paid bills, recorded payroll

R&R Fabricators – construction of buildings and strip malls throughout Kentucky, prepared financial statements and tax returns for all commonly owned entities

BMK Corp – cleaned up their financial after being gone for 5 months

ESI Corp – assisted with MAS 90 financials, bank reconciliations, costing and burden calculations

Prompt Ambulance Services, Highland, IN 2010 – 2013


A mixed group of 2 ambulance companies providing emergency & non-emergency medical transportation, fire extinguisher and safety equipment sales and service company, a private limousine services along with property management and real estate holdings. The combined revenues for this group was approaching $30 million.

Responsible for financial statements, cash flow forecasting, multiple state payroll tax reporting, multiple locations and divisional accounting, coordinate annual 401k audit, workers’ compensation audit, annual financial reviews

Corrected the financial statements and converted to accrual from cash

Reduced operating expenses by $2 million from a loss in 2010 to a profit in 2011

Created budgets and financial reporting with comparison and analysis KPI’s

Acquisition of an ambulance company and fire extinguisher company including due diligence and valuation

Modified accounting processes to level out the cash flows

Reduced bad debt expenses through better billing and coding and an effort on collections

Integrity Manufacturing, Shepherdsville, KY 2008 – 2010


A conglomerate of 7 companies including a start-up machine shop and steel fabrication company with products for the military, railroad and other heavy industries, a utility trailer manufacturer, a welding school, a roofing company, an electric vehicle joint venture. The combined revenues for this group of companies was $10 million.

Responsible for human resources, payroll, accounts payable, inventory, product costing, cash flow forecasting, accounting, financial statements, banking relations, income tax preparation including corporate and partnerships and payroll tax reporting

Redesigned the payroll process to minimize errors reducing cost

Established standard costs for all products as a guide to develop pricing

Rewrote the commission payout based on margin, not price in a cost saving initiative

Implemented electronic payroll tax reporting from outdated payroll systems

BMK Corp. (Blitz Manufacturing), Jeffersonville, IN 2007 – 2008

Chief Financial Officer

This is a consolidation of companies, one producing non-toxic, environmentally friendly jewelry care products, a startup Italian Produced Liqueur. Combined revenue during the recession $6 million.

Responsible for consolidated financial statements, inventory, payroll, human resources, product costing, commissions, bank reporting, production and variance analysis, establishing product pricing

Implemented LIFO inventory valuation reducing income tax

Developed an automated system to place customers on credit hold reducing bad debt expense

Maintained cash management reporting requirements for the bank

Implemented cash flows forecasting for management

Created budgets, reviewed and revised projections showing the impact on profitability

Identified misstatements in balance sheet accounts and recommended and made corrections as necessary

Hartlage Management, Elizabethtown, KY 2005 – 2007

Cost Accountant

Accounting management company for 19 different businesses, a manufacturer, (Accumetric), of latex and silicone caulking, auto lubricants and cleaners, a wholesaler, (Hardec), a retail company with 15 locations, (Mydad), a software development company for government applications and many other real estate holdings

Responsible for job costing using actual costs for Accumetric, inventory costing & cost of sales for Hardec and Mydad, complete financial statement reporting for real estate and rental companies, fixed asset reporting

Implemented LIFO inventory valuation reducing income taxes

Correctly recorded a building addition into several categories to get the best tax advantage

Maintained inventory utilizing cycle counts eliminating potential year-end adjustments


QuickBooks Enterprise NextGen Visual Manufacturing SAGE MAS-90/200 Global Shop Solutions

Zoll FRx Macola Reflections Great Plains

FAS Fixed Asset MS Office Crystal Reports ADP JD Edwards

Ceridian Hyperion/Essbase MAPICS Real World Fundware


Bachelors of Science in Accounting – University of Illinois at Chicago

Certified Public Accountant – Illinois #74000 – 02/12/1999

Chartered Global Management Accountant – AICPA #110014253 – 07/31/2012

Certified Business Manager – Illinois #835 – 01/18/2002

Contact this candidate