George R. Iancu

Warren, New Jersey ***** 646-***-****

adc2uk@r.postjobfree.com

Dynamic leader with experience in various industries including manufacturing, construction, interior design, retail, service, hospitality, wholesale distribution and advertising. Versatile and diligent, with a hands-on and results-driven approach to meet demanding deadlines, and with a focus on overall growth.

Career Experience

Pumping Services, Inc., Middlesex, New Jersey Jan 2019 to Mar 2020

Manufacturer of pumping and control systems for dewatering solutions.

CONTROLLER

Maintained and supervised accounting functions related to the ERP system, including implementation of updates, procedures for new business segments and inventory control.

Supervised percent of project completion and revenue recognition in the manufacturing process of customer orders.

Analyzed and report daily gross profit margins on completed orders.

Furnished periodic financial statements, related analysis and supporting documents, to management and all employees of the company.

Collaborated with external benefits company in auditing and furnishing audited stock evaluation reports for the company ESOP pension benefit plan.

Managed the ESOP pension benefit plan reporting and payouts; collaborate with management in fund planning.

Collaborated with external CPA to compile and review external financial statements, Federal and State tax reports and returns, financial reports, and supplementary statements.

Oversaw and managed AP and AR departments, including collections and procurement policies related to federal and state agencies.

Supervised internal Payroll/HR department functions related to weekly payroll, tax reporting, state and federal prevailing wage, and fringe benefits.

Responsible for treasury functions, including safeguarding assets, cash flow forecasts, banking relationships, and allocation for business development.

KEY ACHIEVEMENTS:

Successfully created and implemented a company-wide policy for credit card customer protection and PCI compliance.

Introduced new vehicle gas cards, reducing administrative efforts in tracking of fuel and mileage usage as well as saving the company tens of thousands of dollars by negotiating fuel discounts with major fuel providers.

B&B Hospitality Group, New York, New York Apr 2009 to Dec 2018

A privately held, award-winning nationwide restaurant group that has been serving culinary adventures since 1998.

DIRECTOR OF ACCOUNTING

Produced and analyzed monthly financial statements with a wide variety of supporting analyses, including budget to actual reporting, enhancing managers’ ability to meet budgeted EBITDA goals.

Developed critical KPI standards and achieving cost-lowering efficiencies in support of overall corporate strategic goals.

Oversaw and managed multiple Controllers, AP, AR, and Payroll departments to ensure the integrity of their functions.

Created and maintained annual budgets alongside the CFO, CEO and other upper management, thoughtfully incorporating future growth initiatives with historical trends, market changes and entity specific goals.

Improved quality, timing and precision of financial reporting in order to better provide insightful business analysis to various department leaders and managers for strategic and innovative managerial decisions.

Mentored and developed junior staff, teaching banking functions, payroll operations, and H/R policies and procedures.

Creatively developed and enforced policies, procedures and internal controls that created an open and communicative environment within the accounting department while encouraging various other departments to work closely with accounting.

Collaborated with external CPA to construct audits, create external financial statements, tax returns, consolidated financial reports, and supplementary disclosures as necessary for shareholders.

Initiated new banking relationships, lending operations, and capital utilization, in close collaboration with the CFO; key participant in restructuring debt facilities alongside CFO.

Controlled cash and corporate treasury duties for multiple bank accounts for dozens of entities and ensured compliance with debt covenants.

Conducted regular accounting functions such as modifying journal entries, balance sheet schedules, documenting payroll, and scrutinizing accounts payable and accounts receivable aging schedules for the determination of accurate monthly, quarterly, and year-end closings.

Participated in financial disclosure and analysis of current results, trends and future goals for quarterly investor package.

KEY ACHIEVEMENTS:

Saved the significant costs by negotiating utility contracts on the open market to lock in lower rates based on commodities future trading.

Successfully restructured the entire accounting department, consisting of 26 employees, with the objective of better utilizing accounting talent to perform analysis of business trends, and lowering accounting costs by 40%.

Modernized the financial organization to automate data processing utilizing OCR software, resulting in significantly faster and more accurate documentation.

Enforced collaboration across all company departments resulting in more efficient and knowledgeable restaurant operators.

Executed advanced accounting structures and plans to design efficiencies in human information entry, reducing errors by 75%.

Murphy & Dine, LLC, New York, New York Dec 2004 to Apr 2009

Architectural and interior design organization that specialized in high-end residential and hotel construction.

CONTROLLER

Created precise and timely financial statements complete with all supporting schedules and journal entries.

Introduced cost accounting methodology conforming to AIA standards, and in doing so, separated profit center and cost center reporting.

Responsible for hands-on accounting functions such as AP, A/R, bill payments and collections.

Collaborated with the company owners in expanding service-based revenue streams.

Conducted reconciliations on multiple balance sheets, profit and loss, and inter-company accounts.

Assembled real estate probability reviews and administered construction budgets for the organization’s clients.

Oversaw the company’s human resources operations, fringe benefits, and liability insurance policies.

Developed and managed client contracts in accordance with AIA percentage-of-completion methodology.

KEY ACHIEVEMENTS:

Implemented a complex industry-specific accounting and project management software, resulting in companywide efficiencies of 30% in design labor hours, as well as a higher level of billing integrity.

Through thoughtful budgeting, planning and collaborative effort with the CEO and CFO in hiring practices, helped the company exceed growth goals by 20% in its fifth year of operations.

Introduced fringe benefit package, including 401k plans, making the company attractive to prospective talent, resulting in top level architects joining the company.

Prior Career Experience

Airbel Wireless, Inc. (A.W.I.), Plainview, New York Dec 2003 to Dec 2004

ACCOUNTANT

MindShare/J. Walter Thompson, New York, New York Nov 2002 to Dec 2003

NETWORK FINANCE ASSOCIATE

Education & Credentials

Master of Business Administration in Accounting

St. John’s University, Jamaica, New York, 2009

Bachelor of Arts in Economics and Psychology

St. John’s University, Jamaica, New York, 2002

Highlights of Expertise and Qualifications

Financial Reporting

Forecasting/Budgeting/Profitability

Auditing

Cost Accounting

Revenue Recognition/AIA Contracts

Treasury

Staff Management

Recruiting & Training

Department Structure

Policies & Procedures

Internal Controls

Credit & Collections

Growth Strategy

System Sourcing & Implementation

Contract Negotiation

Proficiencies and Expertise

Accounting Systems: Prelude (ERP System), QuickBooks, Compeat, Design Manager Pro, MAS 90, Donovan Data Systems, Great Plains

Point of Sales Systems: Micros, Aloha, Restaurant 365, CounterPoint, Digital Dining

Various Software: Microsoft Office, XtraChef, Avero, BinWise, Image Silo, and others

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