David J. Bosko, CPA
**** ***** *** **** ****: 814-***-****
Warren, PA 16365 *******@*******.***
PROFILE
Accomplished, Chief Financial Officer and senior finance executive with over thirty years of experience accelerating growth, improving profitability, maximizing cash flow and driving organizational improvements and turnarounds for private and public industrial companies and “Big Eight” accounting clients. Proven track record of increasing profitability and market share through exemplary business planning and financial management. Expertise across all finance and accounting functions, including strategic planning, analysis, P&L management, capital formation and credit, policies and controls, treasury, information technology, M&A integration, divestitures and liquidations, cash flow, auditing, reporting compliance, risk assessment and mitigation and executive mentoring. Dedicated to building effective relationships and providing support to investors, executive teams and boards of directors.
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EXPERIENCE
Craftline Graphics, Inc., Fort Wayne, IN 2015 - Present
A $40M printing company offering printing, warehousing, bindery and packaging services
Vice President of Finance
Responsible for developing, documenting and implementing new systems and procedures to account for approximately $50M of customers’ finished inventory, including monitoring and analyzing monthly operating results and ensuring local, state and federal reporting requirements are met
Improved financial and cash flow projections to better manage the company’s needs, including implementing changes to the 401 (k) plan, to simplify administration
Assisted with a review of the company’s capital expenditure program to insure adequate ROI and setting the stage for the company to double sales over the next 3 years
Streamlined procedures resulting in a 0.025% error rate in year-end inventory valuations
Seneca Manufacturing Company, Salamanca, NY 2013 - 2014
A $50M Seneca tribe owned tobacco manufacturing, wholesale and retail operation
Chief Financial Officer
Oversaw finance, accounting, IT and HR functions, including directing administrative operations, quality assurance and control, risk assessment and audit committee review meetings and corporate governance
Implemented a new ERP system that streamlined operation and reduced inventory by $600,000
Secured competitive $2M credit lines
Facilitated merger process through demonstration of consistent figures and solid financial health
Adeptiv Solutions/Synergy Business Management, Salamanca, NY 2007 - 2013
A $150M Native American tobacco, multi-channel retail company
Chief Financial Officer (2009 - 2013)
Assisted in formulating the company direction and strategic operating initiatives and developed financial strategies and performance measures with full P&L oversight
Played a key role in growing the business from startup to a national tobacco mail order company
Consolidated the North Carolina facility to the main New York warehouse, saving $500,000 annually
Led the company through strategic and financial planning to accommodate growth and navigate through complex business and national ecommerce tax issues
Controller (2007 - 2009)
Managed the day-to-day finance and accounting functions, directed accountability for budgeting, forecasting, internal controls and payables/receivables and implemented best practices
Reduced the month-end close from 10 days to 5 days while reducing staff size
Blair Corporation, Warren, PA 2002 - 2007
A $600M, publicly traded, multi-channel retail company
Budget Director (2005 - 2007)
Oversaw corporate budgeting operations and long and short-range forecasting, in-house credit programs and directed the installation of a fully-integrated planning system
Wrote and directed the acquisition plan for the company
Financial Director (2002 - 2005)
Directed financial planning for the $400M womenswear division, assisted in the M&A analysis, directed audit/tax functions, developed and implemented accounting policies and analyzing financial performance
Wrote a 10-year financial plan for the division
Coordinated a $100M advertising program with planning and merchandising
Cenco Refining, Co., Santa Fe Springs, CA 1998 - 2001
A refinery responsible for receiving and distributing over 50,000 barrels of crude oil per day
Vice President & Treasurer
Managed all financial and administrative functions, assisted in preparation of high-yield bonds and preparing presentations for potential debt and equity participants
Assisted in the successful acquisition of a shut-down oil refinery
Successfully obtained a $60M operating line of credit
The Faucet Express Company/Indiana Brass, Inc., Erie, PA 1994 - 1998
A B2B brass fitting and faucet and plumbing supplies manufacturing and distribution company
Chief Financial Officer and Principal
Led the acquisition of the company from Chapter 11, bankruptcy and directed all strategic planning, financial accounting, information technology, human resources, risk management and legal matters
Assisted in the development of a new strategic plan that allowed the company to return to profitability
Pellegrino Food Products Company, Warren, PA 1993 - 1994
A multi-million dollar family-owned bakery and meat plant
Chief Financial Officer
Directed all financial functions including short-range and long-range forecasting, capital expenditure, ROI analysis, accounting, information technology, risk management and legal matters
Successfully refinanced existing debt and obtained $1.5M in new debt to modernize operations
Warren Industries, Inc., Warren, PA 1988 - 1993
A leading manufacturer of high-quality precision, machining parts to companies nationwide
Chief Financial Officer
Oversaw all day-to-day financial and administrative functions and sourced and conducted due diligence on synergistic acquisition targets that met the company’s enterprise strategy
Successfully acquired 3 companies
Raised $3.8M of equity and debt through private investors and the U.S Farmers Home Administrative-Business and Industry Loan Program
Prior Positions Include: Manager of Financial Planning and Development at United Refining Company (1984 - 1988), Manager of Financial Accounting at United Refining Company (1982 - 1984) and Big 8, Audit Senior at Deloitte & Touche (1978 - 1982)
EDUCATION
Bachelor of Science, Accounting & Finance, 1978
Indiana University of Pennsylvania, Indiana, PA