Cost Accountant Chief Financial

Rudolph A. Sorrentino

** *******’s Lane

Clark, New Jersey 07066

203-***-**** ********@*****.***

PROFILE

Accomplished Financial/Accounting Executive. Background features a record of consistent excellence in visible, progressively responsible positions in commercial environments. Unique combination of strategic vision, financial/operational expertise, technological knowledge, and communication skills, especially in critical turn-around situations.

Communication/Leadership - Outstanding communicator; able to communicate complex financial information in clear, straightforward language, easily understood by financial and non-financial individuals. Leadership style combines visible example, effective training/delegation and attention to detail. Able to recruit, retain and develop talented individuals and develop them into a cohesive, high performance, self-managing team. Career demonstrates continuous advancement, diverse responsibilities, and a record of achievement in every area of accountability.

EXPERIENCE

07/06-Present EIC ASSOCIATES ($95 million sales)

Chief Financial Officer

Reporting to President and executive committee.

Owns and manages the full accounting process.

Mentor and lead the accounting team.

Provide clear and concise information to Project management and Estimating Group

Participates and maintain ongoing relationships with banks, surety, legal representatives, unions.

Establish, implement, and maintain effective accounts receivable, payable processes and procedures.

Preparation of Quarterly Financial statements with monthly updates

Preparation of work-in-process schedule monthly with sales projection and breakeven analysis

Oversight of project accounting to ensure accuracy of job cost ledgers.

Monitors the capital expenditures and asset deployment activities and associated allocation

Ensures compliance with Union Wage rates and reporting.

Risk management, including incident review, contract review, and review of Project Funding

Directly responsible for cash management

Purchase all insurances, benefits, services

Renegotiated all company indebtedness resulting in a 30% savings in interest expense.

Implemented and lead an emphasis on project job cost review proactively addressing negative operational results. Holding project management accountable for performance driving sales by approximately 5%

Decreased main office overhead by approximately 20% by “right sizing” staff and office space to current sales levels.

Set up company-wide security tracking systems to mitigate and control employee theft.

Implemented Office Connector, as an overlay program to Sage Timberline that allows a quick download of Job Cost data for Project management standardized Cost-to Complete reporting

Secured more than $7million in Federal loans under the PPP programs, and successfully achieved full forgiveness of the loans.

Successfully, applied for funds under IRC tax credit.

2004-2006

CFO/Controller - (Consultant ) Various Contractors

Responsible for company financial statements, work in process, job cost, tax filings, banking, bonding, insurance, human resource, prevailing wage benefit plan, training, management, and motivation of accounting staff. Serve as liaison to Cpa and Legal Council. Assist in preparation of existing claims and setting up systems in avoidance of future claims.

1989-2004 Gar-San Corporation, Watertown, Ct

Open shop entity

1989-2004 Watertown Construction Company, Watertown, CT

Chief Financial Officer (union)

Responsible for preparation and leadership of all Board of Directors Meetings for this $25 million construction firm. Developed and managed cash flow procedures, lines of credit, took steps to increase our bond rating. Designed and maintained company benefit plans, including 410(k), Profit Sharing, Disability and IRS Cafeteria Plans. Supervised staff of 8.

Designed and managed company’s IT functions including our computer network.

Implemented a major technology infrastructure installation/upgrade. This included the customization and installation of a Windows based accounting system (Timberline). Improvements enabled the department to successfully handle a workload that increased by 40% while maintaining the same staff. Developed and maintained the Company’s Website.

Successfully, negotiated and settled claims for disputes in excess of $1.5 million. Maintained a high level of productivity and quality while reducing staff by 15%.

1985-1989 Morganti, Inc. Ridgefield, CT.

Controller (1987-1989)

General accounting duties for this $200 million private construction company. Supervised the assembly of monthly financial statements and Board of Directors reports. Responsible for investment management and monitoring cash flow. Domestic reporting to international Parent Company

Cost Accountant (1985-1987)

Developed the company’s cost reporting and accounting system to improve the quality of job cost data, which resulted in improved margins on jobs bid. Also developed an improved work-in-progress schedule that increase efficiency of resource allocation and the quality of our financial forecasts.

EDUCATION

MERCY COLLEGE – Dobbs Ferry, New York- BS, Accounting, Graduated Cum Laude

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