Financial Reporting Real Estate

Michael Kadelski

**** ******** ****- *** ****

Newtown Square, PA 19403

*******@*****.*** 610-***-****

Professional Summary

Highly capable and results-driven finance executive with over 30 years of experience in diverse industries including restaurant, insurance, real estate, and manufacturing. Proven expertise in financial reporting, budgeting, forecasting, cash flow management, debt/equity financing, and general ledger accounting. Adept at reviewing complex legal documents, managing vendor and stakeholder relationships, and leading cross-functional teams. Strong track record of aligning financial strategies with business goals to drive sustainable growth and maximize shareholder value.Core Competencies

Financial Reporting & Analysis across multiple locations and entities

Budget Development & Forecasting for multiple locations and entities

Cash Flow Management

Construction Cost Analysis for multiple locations and types of buildings

G/L Accounting (all accounts including interco) & Auditing to include outside auditors

Legal & Contract Review

Vendor & Stakeholder Relations

Debt & Equity Financing

Insurance Risk & Underwriting Review

Supervised accounting and human resources teams up to eight people

Strong knowledge of GAAP and ASC606 (Revenue Recognition)

Software: Sage 300 (20 years), Sage Intacct (3 years), QuickBooks (3 years), Adobe, MS Office Suite

Professional Experience

Per Diem Financial Consultant

Integrated Home Energy, LLC & Fetch, Inc.

January 2022 – Present

Providing financial consulting services across industries including energy and insurance, with a focus on General Ledger reconciliation, Financial Statement preparation, Cash Flow forecasting, negotiation with Vendors.

Chief Financial Officer

US Restaurants, Inc.

July 1991 – January 2021

Managed all aspects of finance, accounting, HR, legal, and IT for a $100M+ multi-unit restaurant business (Burger King, Ponderosa, Rib-its, East Side Mario’s). Oversaw operations across 80+ locations in PA and NJ.

Key Achievements:

Led successful refinance of $30M+ debt, saving millions in interest.

Point person for transition to Sage 300 accounting system.

Managed budgets for new builds ($3.5M+) and major remodels ($2M+ per site).

Represented company in three IRS audits—no changes.

Represented company in Sales Tax audits-no changes.

Designed and implemented company-wide safety program, saving hundreds of thousands in insurance costs.

Managed fixed asset system with Best software.

Negotiated due diligence and successful sale of company to private equity in September 2020.

Chief Financial Officer

Fetch, Inc. (Sole Licensee of Petplan, North America)

February 2017 – January 2020

Managed all aspects of finance, accounting, HR, legal operations for a $125M insurance, private equity (US and Canada) company, overseeing budgeting, reporting, underwriting partnerships, and board communications.

Key Achievements:

Negotiated major amendments with primary underwriter.

Secured agreement with a second underwriter, diversifying company risk.

Managed vendor negotiations yielding substantial cost savings.

Managed key metrics such as PIF, Churn, CAC, Loss Ratio.

Managed due diligence and successful sale of the company to private equity in October 2019.

Controller

Site Development, Inc.

1986 – 1991

Oversaw accounting, finance, insurance, legal, and audit functions for a real estate development company specializing in shopping centers and single-tenant retail spaces.

Senior Accountant

Main Hurdman (now KPMG)

1983 – 1986

Worked with manufacturing clients including a major flooring company and soft drink bottler. Provided audit and advisory services.

Education

Bachelor of Science in Accounting

Widener University – Chester, PA

Graduated Magna Cum Laude

Certified Public Accountant (CPA)

Issued in Philadelphia, PA

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