Michael G. Pavlo, CPA

**** ********* *****

Leland, North Carolina 28451

910-***-****

EXECUTIVE SUMMARY:

A results-oriented Controller/ CPA with a distinctive career in general and financial management, including the direction and streamlining of corporate financial operations with full responsibility for financial reporting and cost reduction. A progressive career within diverse business atmospheres, including manufacturing, distribution, and entrepenurial business start-up. Broad-based experience encompasses business restructuring and re-engineering, strategic planning, and cost containment. Recognized for ability to coach and develop staff. Computer experience includes Microsoft Excel, Word, Outlook, MAS 200, American Contractor and Maxwell Systems Support Software, and Great Plains Software.

AREAS OF EXPERTISE:

* Financial Management * General Accounting * Budget Development/ Administration * Cash Management * Financial Planning * Bank Reconciliation * Financial Analysis * Staff Development * Cost Accounting * Banking Relationships * Auditing & Sales Forecasting * Tax Reporting * Insurance Reporting * Policy Formulation and Implementation

PRIVATE INDUSTRY EXPERIENCE:

2004-2009 UNITED SERVICE COMPANY & MILLENNIUM AVIATION INC.

CONTROLLER

• Prepare monthly and year-to-date financial statements for both companies.

• Managed day-to-day operations of five employees in the preparation of Accounts Receivable, Accounts Payable, and billing.

• Maintain banking relationships and prepare yearly financial projections for financial institution clients.

• Review insurance policies to ensure proper coverage and maintain costs.

• Collections efforts weekly to reduce bad debt expenses.(includes telephone contact, e-mailing and faxing invoice copies to customers for speedier payment Significant Achievements:

• Successfully implemented a complete Accounting Software System (MAS 200) for both companies.

• Originated budgets at both companies and Variance Analysis Reports to monitor trends and deviations.

• Successfully completed the installation of Purchase Order, Bill of Materials, Inventory, and Work Order modules that have streamlined work activity and have lead to better purchasing and cost control procedures. 2001 – 2004: ALBARELL ELECTRIC, INC.

CONTROLLER

• Direct day-to-day financial operations for this Electrical Contractor and its five divisions.

• Preparation of both consolidated and divisional monthly financial statements.

• Collection of all Accounts Receivable invoices including retainage charges.

• Computation of labor wage and benefit rates for 13 union labor categories for four different unions.

• Insurance policy renewals and data collection on wages and revenues for insurance purposes and quarterly meetings with Insurance Agency head to provide updated wage and revenue estimates.

• Preparation of weekly Job Cost reports and Job profitability reports that allowed owner to question project managers on actual vs. budget amounts.

• Maintenance of Job budget estimates (normally 100 to 125 jobs per week).

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Significant Achievements:

o For three of the four years company achieved the three highest profitability levels in its history partly due to comparisons of Actual Job Revenue and Cost Performance as measured against budget estimates that I prepared. o Reduced Insurance Costs (especially Workers’ Compensation) by 12 to 15% mainly by working with the firm’s insurance company and emphasizing safety issues and the need for less overtime hours. o Streamlined union wage and benefit data by reporting timely actual amounts to project managers and the owner on 4 or 5 different Union Locals and their various worker classifications.

o Reduced days outstanding on Accounts Receivable by 10 to 12 days by being in touch weekly with General Contractors’ personnel responsible for project progress payments.

o Cleared up confusion on Job Change Order revenue and costs by having the software developer write a special program to monitor these changes. 1998 – 2001: CENTRAL PLUMBING AND HEATING CO., INC. CONTROLLER

• Prepared monthly financial statements and year-end audits; and managed accounts receivable/ payable and payroll and taxes. .

• Prepared weekly JobCost Reports for all four Company divisions – HVAC, Sprinkler, Plumbing, and Electrical.

• Collection of all receivable accounts from project owners and general contractors personnel.

Significant Achievements:

• Reduced costs by working with the project managers on their labor estimates by giving the project managers accurate Union Wage and Benefit data in spread-sheet format.

• Decreased insurance costs by more than 25% by researching insurance policies and having quarterly meetings with Insurance owner and updating quarterly estimates.

• Reduced average days outstanding on accounts receivable by 14 days bymaintaining weekly contact with project owners and general contractors personnel.

• Implemented a 401K profit-sharing plan in order to boost employee morale.

1993 – 1998: BKG COMPANY, INC.

CONTROLLER

• Direct all accounting and financial operations of BKG and its affiliated company (Walter R. Dorn, Inc.).

• Prepared monthly financial statements for both companies.

• Maintained a Job history report by Project Manager/ Estimater for year-end bonus purposes.

• Administer all policy development, sales, payroll, and corporate tax reporting.

Significant Achievements:

Developed monthly financial reports and conducted year-end audits

Implemented Great Plains software packages for General Ledger, Accounts Receivable, and Accounts Payable.

Increased company sales volume by 5 to 10% by assisting in the establishment of separate divisions with revenue and cost budgets, thus emphasizing the need for project managers and estimaters to be extra careful in bidding and quoting functions.

Built the Accounting Department from the ground up. EDUCATION:

M.B.A. degree from Lehigh University, Bethlehem, Pennsylvania. Top 10% of the class. Course work in Accounting, Finance, Management Science, and Economics. B.S. degree in Accounting from Lehigh University. Dean’s List for two out of the four years.

Pennsylvania State Certified Public Accountant.

Additional training at IBM Corporation in Los Angeles, in Business Planning and Development of Information Systems.

PROFESSIONAL AFFILIATIONS:

Member of both the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants. Former member of Historic Bethlehem, Inc. (board member), Silver Creek Country Club, The Financial Executives Institute and, for a period of nine years, was Treasurer and board Member of a United Way Agency.

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