JAMES MORNINGSTAR, M.B.A.

**** ********* ***. ********, ** 19038 - 610-***-**** - adttu8@r.postjobfree.com

PROFESSIONAL EXPERIENCE

FAEGRE DRINKER BIDDLE / TRITURA IG LLC (Philadelphia, PA) 2015 to 2022

DIRECTOR OF FINANCE & ADMINISTRATION

Main interface between the parent company (Faegre Drinker Biddle) and its wholly owned subsidiary (Tritura IG LLC), to provide stakeholders an accurate depiction of the company’s finances including:

Financial Reporting & Analysis

Prepared all financial statements and supporting schedules (income statements, balance sheets, and statements of cash flows) in compliance according to GAAP.

Analysis for vendor/contractor negotiations in anticipation of 35% net expense savings annually.

Managed revenue and expenses resulting in a net value increase of 316% from 2015 to 2021.

Monitored Key Performance Indicators, highlighting trends and analyzing causes of variances used to support business decisions.

Performed profitability analysis to adjust pricing, situational staffing, and inventory efficiency.

Headed the automation for expense reimbursements creating a workflow for expense routing and accurate postings into the firms accounting software.

Performed advanced interest calculations, Ad Hoc requests for attorneys and senior management based on specific client, project, and sector metrics for business development.

Maintain fluency in all firm ERP systems (3E, Elite Enterprise, Intellistat, SQL, Workday).

Accounting

Conducted month-end and year-end closing procedures; reconciled and balanced all general ledger accounts, reviewed monthly journal entries, calculated Partner income, and provided variance analysis.

Maintained fixed asset ledger and tracked capital expenditure projects/depreciation by developing a reliable cash flow projection process and reporting that met operating needs.

Headed the annual budget and forecast processes for 20+ business segments (compensation, insurance, leasing, marketing, and vendors), to mitigate all risk.

Prepared annual tax estimates, book to tax financials and other supporting schedules for Federal and State K-1 packages, including Federal form 1065.

Continued to develop soft skills along with advanced proficiency of ERP systems and Microsoft Suite applications, for automation of reports and other financial data.

Accounts Receivables, Payables, and Administration

Executed the monthly billing and collection, for an AM Law 100 national firm with over 600 attorneys operating from 13 offices with adherence to all negotiations and contracts.

Identify, plan and implemented for changing trends in the billing and cash receipts cycles using SQL server based BI and Elite Enterprise systems.

Demonstrated expertise in but not limited to human resources (onboarding), payroll, technology, enterprise optimization, and client retention.

Led the Business Development team, executing all marketing and client relations activities (market analysis, competitive offerings, and new service development), to drive increased revenue and lead generation.

STANLEY STEPHENS CO., INC. (Bristol, PA) 2012 to 2015

CORPORATE CONTROLLER

Administrator of all corporate accounting functions for retail and wholesale chain while overseeing financial statement preparation, budgeting, tax filing, and compliance (federal/state).

Finance Reporting & Management

Conducted month-end and year-end closing procedures; reconciled and balanced all general ledger accounts, reviewed monthly journal entries, calculated Partner income, and provided variance analysis for quarterly external audits.

Provided the COO analysis for vendor and contractor negotiations in anticipation of 25% real net expense savings annually.

Responsible for monthly bank reconciliations of five branches ranging from $40K to $2.5M.

Performed profitability analysis to adjust product pricing and promote inventory efficiency.

Supported the automation for company-wide E-Commerce ERP software (Distribution 1).

Prepared book to tax financials and other supporting schedules for, Business and Property taxes, and Sales & Use tax for 10 different states.

Reconciled all monthly sales team expense allocations and reimbursements, creating a workflow for expense routing and accurate postings into the company’s accounting software

Administration

Managed compliance and completed regulatory requirements for banking and operational expansion, including PCI, OSHA, and registered agent services.

Conducted and managed all bi-annual inventory physical counts to reconcile COGS

Supervised the Accounts Payable team, ensuring timely payment and proper coding of invoices, and resolve issues with clients and vendors.

Supervised the Accounts Receivable team, ensuring timely and accurate monthly client billing, minimalization of AR>90 DSO through proper follow-up.

Administered human resource responsibilities including, health insurance, recruitment, termination, scheduling, and office management.

EDUCATION

M.B.A., Finance & Accounting, Argosy University College of Business, Phoenix, AZ (2011)

M.Ed., Higher Education, Arcadia University, Glenside, PA (2005)

B.Sc., Design & Engineering, Philadelphia University, Philadelphia, PA (2000)

CORE STRENGTHS

Financial Statements Accounts Payable / Receivables Budgeting/Forecasting

General Ledger Risk Mitigation Variance Analysis

Internal Controls Team Leadership Audit / GAAP Compliance

Project Management Business Development FP&A

Team Leadership Financial Systems (ERP) Inventory Control

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