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Manager Accounting

Location:
Park Ridge, IL
Salary:
125,000
Posted:
October 16, 2020

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Resume:

Matthew Randazzo

**** *. ******, **** *****, IL *0068 adg1ki@r.postjobfree.com / 847- 858-8930

PROFESSIONAL EXPERIENCE

Thermos L.L.C. Schaumburg, IL

Controller (Manage a staff of 10) 02/19- Present

Prepare the companies monthly financial statements including the cash flow and cash forecast.

Coordinate various Treasury functions including acting as the system administrator for all the online banking activities at JPMorgan Chase.

Coordinate with the external auditors at year-end via analytical review of account balances, supporting work papers and schedules.

Coordinate with the internal auditors on our yearly operational audits.

Analyze and determine the adequacy of the general reserve

Review and approve all Balance Sheet account reconciliations.

Review and approve all journal entries for month end close

Manage the month end close process

Prepare the yearly sales and expense budget

Support all aspects of annual plan development and plan updates, including coordination of all functional area budgeting and analysis

John Crane – Division of the Smiths Group Morton Grove, IL

Manager, Internal Financial Reporting and corporate accounting (Manage a staff of 5) 12/15- 2/19

Prepare and submit monthly financial reporting package to Smiths Group Finance which includes the Balance Sheet, Income Statement and the Statement of Cash Flows

Reconcile four lines of business intercompany accounts.

Coordinate various Treasury functions including maintenance of bank signatories, wire transfers, currency hedging and acting as the system administrator for all the online banking activities at JPMorganChase.

Review and approve accounts payable payments the weekly and bi-weekly payrolls

Assist PricewaterhouseCoopers auditors for the year-end audit via analytical review of account balances, supporting work papers and schedules.

Assist internal auditors on our yearly operational audits.

Analyze and determine the adequacy of the general reserve balances and report to Senior Management for decision-making purposes.

Manage the month end close process, which includes reviewing and approving all Journal entries and Balance Sheet account reconciliations

Perform all consigned audits at all of our third-party locations.

Support all aspects of annual plan development and plan updates, including coordination of all functional area budgeting and analysis

Complete ad hoc analysis and projects supporting the Director of Financial Reporting and provide functional management with guidance and analytical support for identified initiatives and programs.

Walgreens Deerfield, IL

Manager, Accounting – Healthcare Clinics (Manage a staff of 3) 07/14- 12/15

Led the transition team which entailed winding down operations in our Philadelphia office and transitioning the work to our Deerfield corporate office.

Responsible for the financial statements and management reports, including revenue and cost of sales.

Direct and control the team’s general accounting activities, including recording company transactions, classifications, and reconciliation of account balances in accordance with GAAP and company policy.

Review accounting results. Prepare management reports and present results to leadership.

Propose recommendations for changes and improvements to accounting policies/procedures.

Ensure team’s activities and reports are in compliance with accounting principles and adhere with company policies.

Implement new accounting policies and ensure those policies are communicated to team as well as the business unit.

Prepare and/or review reports supporting internal and external audits.

Mentor, coach, and develop employees through purpose driven leadership model.

US FoodService Rosemont, IL

Corporate Accounting Manager (Manage a staff of 5) 12/10- 07/14

Provided leadership to ensure the accurate and timely delivery of financial information in accordance with established deadlines.

Responsible for overseeing the month end close process. Analyzed results to budget, including variance explanations; responsibility included oversight of the total company close status with updates to management, detailed review of Rosemont Head Office areas and preparation of summary results schedules for management.

Served as liaison to the National Service Center, division finance and other corporate finance functions in research and resolution of accounting issues.

Performed various reviews of financial reporting control procedures to ensure compliance with the Company's internal control framework, including review of complex balance sheet accounts and related issues.

Acted as the point of contact for auditors (internal and external) and other third parties; ensured that all required documentation requested by the auditors in support of audits and reviews is accurate and provided in a timely manner.

Responsible for hiring and developing staff appropriately; actively encouraged and provided career development opportunities for employees.

Assisted Financial Planning group with annual budget preparation as applicable for accounting related matters.

Finance Manager- Stock Yards (Manage a staff of2)

Responsible for completion of the monthly, quarterly and annual close process for multiple Stock Yard Divisions.

Prepared and analyzed monthly financial statements including income statements and balance sheets for each division. Analyzed and explained significant variances from budgeted and/or forecasted amounts.

Responsible for oversight of daily finance and accounting functions, including accounts payable, accounts receivable and inventory control. Ensured that locations are compliant with the policies and procedures of US Foods.

Ensured that the all cash collections were properly applied, and the accounts receivable aging was current so to minimize a reserve hit.

Provided Finance leadership and support to the division by analyzing results and operations to make recommendations to drive financial performance.

Completed the key financial planning tools including the annual operating plan for each division, the periodic forecasting models (Proj) and other financial projects.

Coordinated and oversaw division capital planning and spending.

Senior Accountant-Financial Service Center II

Reconciled complex balance sheet accounts and investigated/resolved variances.

Compiled and/or posted journal entries in support of period end close activities.

Prepared weekly/monthly analysis in support of assigned accounts.

Supported delivery of divisional accounting service requests.

Provided training, guidance and assistance to Staff Accountants. Reviewed all journal entries and account reconciliations prepared by staff members.

Senior Accountant-Corporate II (Deployment)

Member of the deployment team assigned the responsibility to consolidate the accounting functions from all 65 divisions to Rosemont.

Assisted with the training and development of the newly hired staff.

Bally Total Fitness Chicago, IL

Senior Accountant-Corporate (supervise a staff of 3) 03/07- 12/10

Prepared and analyzed monthly internal financial reporting of the company’s results.

Assisted in the preparation of the external reporting provided to the bank.

Assisted in the implementation and testing of Oracle along with the daily maintenance of the general ledger.

Assisted in preparing documentation for the company’s quarterly financial review and annual audit performed by BDO Seidman.

Assisted BDO Seidman with quarter and year-end audit test work.

Provided training, guidance and assistance to Staff Accountants. Reviewed all journal entries and account reconciliations prepared by staff members.

Senior Accountant-(Deployment)

Member of the transition team which entailed winding down operations in our Norwalk California office and transitioning the work to our Chicago corporate office.

Senior Accountant-Corporate

Prepared monthly analysis of professional fees including variance analysis.

Reported to management all the activity for the long-term asset, other current asset and other current liability accounts.

Prepared monthly analysis of Repairs and Maintenance fees including variance analysis.

Prepared and maintained account balance reconciliations and analysis, which included investigating and documenting variances in account balances.

Senior Internal Audit Consultant-Corporate

Performed risk-based financial and operational audits of the corporate office in Norwalk California.

Made recommendations for improvements and prepare audit reports.

Designed and implemented audit programs for assigned audits.

Ensured internal controls are appropriate and SOX requirements are met.

Senior Accountant-Operations

Properly accounted for club common area maintenance, rent and real estate; prepared the journal entry and ensuring that the expense, liability and prepaid was properly stated for over 300 clubs.

Prepared and analyzed, for management, monthly external reporting for our joint venture clubs.

ACE Hardware Corporation Oakbrook, IL

Senior Internal Audit Consultant 4/06- 3/07

Performed risk-based financial and operational audits of the corporate office and 10 distribution centers while gaining understanding of the company’s operations and control environment.

Made recommendations for improvements and prepare audit reports.

Designed and implemented audit programs for assigned audits.

Performed audits of our international subsidiary in China.

JP Morgan Chase (Formerly Bank One) Chicago, IL

Underwriter- Middle Market 8/02- 4/06

Managed a $250MM loan portfolio including ongoing and annual financial performance reviews, business and industry risk analysis, adherence to financial performance covenants and daily monitoring of borrowing base.

Interacted with customers during due diligence stage and ongoing development of credit/financial history.

Performed comprehensive financial analysis including debt service coverage, debt capacity, and modeling.

Composed the credit approval packages outlining loan structure, collateral position, industry and business analysis, and credit risk issues along with appropriate mitigation.

Field Examiner- Asset Based Lending

Monitored loan portfolios of borrowers through field examinations.

Reviewed, tested and analyze collateral, balance sheet and income statements.

Analyzed cash position and activity in order to determine if the client was accurately portraying its collateral position by reviewing and testing month-end agings, inventory reports, general ledgers, and supporting journals.

Reviewed accounting procedures and practices to ensure they conform to accepted standards.

Prepared detailed summary and analysis of exams with recommendations and emphasis on all exceptions noted.

ERNST & YOUNG LLP Chicago, IL

Senior Auditor 6/00-6/02

Responsible for auditing financial statements for private and publicly traded companies involving consolidation of financial statements process.

Reviewed Purchase Accounting, Opening Balance Sheet Audits, and Valuation Services.

Performed back audits.

Formulated post-closing adjustments from the acquisition cycle leading to the Final Purchase Price Adjustment Analysis.

AMERICAN EXPRESS (Formerly Altschuler, Melvoin and Glasser LLP) Chicago, IL

Senior Auditor 6/96-6/00

Audited financial statements for private and publicly traded companies with revenues of up to $30 million dollars

Supervised engagement teams and ensuring the accuracy for the audit and attest service

Responsible for developing effective and efficient audit plans, attended planning meetings, and communicating the progress of the audit to the manager in charge

EDUCATION

DePaul University Chicago, IL

Bachelor of Science Finance and Accounting (1996)

JPMorgamChase Credit Training Program (2006)

NIU CPA

COMPUTER SKILLS

Proficient in a variety of software including: MFG Pro, People soft, Word, Excel, PowerPoint, Essbase, and Hyperion.



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