Accounting Manager

Richard M. Marchesani, CPA

*** *********** ***, ******, ** 30004

Home phone: 770-***-**** / Cell phone: 678-***-****

Email: ma1zbd@r.postjobfree.com

SUMMARY OF QUALIFICATIONS

Seasoned accounting professional. Big 4 CPA. Masters of Accounting. Specialization in accounting and operations (manufacturing, inventory and logistics) with private and public, domestic and international companies.

AREAS OF EXPERTISE

International Business Operations/Inventory Control Acquisitions and Valuation

Cash Flow Analysis Inventory Cost Accounting Revenue Recognition

Cash Management Consolidations Establishment of Internal Controls

SEC Reporting SOX Compliance Budgets and Forecasts

PROFESSIONAL EXPERIENCE

February 2012 – Current Richard Marchesani, CPA (Consulting)

• Roberts Properties, Inc. (Feb – April 2012) – Prepared 10-K and earnings press releases as well as financial statements.

• LaBounty & Associates (Mar – April 2012) – Audits of non-profit entities, such as Traveler’s Aid and Cobb Housing Authority. Intensive audit training in a short period of time.

• Crown Dynamics, Inc. (April – May 2012) – Prepared 10-Q and earnings press releases as well as financial statements.

February 2009 – December 2011 Elanders USA, Inc. (Successful Turnaround - commercial printer with $15 million in annual revenue)

Director of Finance

• Paper expenses lower by $300 thousand in 2011 due to negotiation of a series of new supplier agreements.

• Reduced operating expenses by $475 thousand in 2010.

• Named Treasurer to the Elanders USA Board of Directors early in 2010.

• Reduced headcount by 10% and operating expenses by 15% in 2009.

• Increased performance to breakeven in 2009 due to lower costs during the second half of the year.

• Negotiated a new debt agreement to provide significant funding for future growth.

• Responsible for month-end close and preparation and analysis of financial statements in compliance with GAAP and IFRS.

June 2006 – January 2009 Schweitzer-Mauduit International, Inc. (lightweight paper manufacturer with $800 million in annual revenue. SWM on NYSE)

Corporate Reporting Manager

• Composed all SEC interim and annual filings. Reduced number of SEC comments on the 2007 Annual Report by approximately 90 percent compared with the 2004 Annual Report. Reduced the length of the 2007 Annual Report by approximately 20 percent, reducing the cost of the Annual Report by over $25 thousand.

• Performed technical research, including implementation of most current FASB, SEC and IFRS guidance. External audit fees were reduced by a combined $75 thousand as the result of accurate interpretation of applicable accounting guidance.

• Significant international experience. Prepared or reviewed consolidations with operating units in the United States, France, Brazil, China, Indonesia and the Philippines.

• Assisted in the purchase accounting for the January 2008 minority interest acquisition of LTR Inc. ($100 million in annual revenue).

• Performed SOX audits in number of different areas.

May 2004 – June 2006 Propex Fabrics Inc. (carpet backing manufacturer with $900 million in annual revenue)

Manager of External Reporting

• Prepared SEC Form S-4, one of the most complex and extensive of SEC filings, which led to a successful initial $260 million public offering of bonds. All bonds were purchased and provided additional capital for ongoing operations and acquisitions.

• Prepared all SEC filings and supporting documentation. All SEC documentation filed on a timely basis with no material changes as a result of external auditor review.

• Worked with valuation consultants and assisted in the negotiation for the April 2006 acquisition of SI Corporation ($250 million in annual revenue), established internal controls over the acquiree and formulated all purchase accounting entries.

• Performed all technical research issues including implementation of most current FASB guidance.

• Consistently rated above average on employee performance reviews.

• Member of the SOX steering committee. Wrote audit programs for each area.

January 2002 – April 2004 Southern Electronic Distributors Inc. (SED) (SECX on Nasdaq – $500 million int’l computer hardware distributor)

Corporate Controller

• Responsible for all accounting, internal control and financial reporting activities for SED and subsidiaries. All financial statements were generated on a timely basis with no material audit adjustments.

• Composed all SEC reporting.

• Presented financial information quarterly to the Board of Directors.

• Managed a staff of 16 ranging from accounting to inventory control.

• Prepared consolidations of domestic and international subsidiaries.

• Managed the treasury function and executed cash transactions between subsidiaries.

• Influential in obtaining outside bank financing.

June 2000 – August 2001 E.on North America Corporation (subsidiary of E.on AG - energy supplier with annual revenue of $1B)

Corporate Controller

• Responsible for all accounting, internal control and financial reporting activities for E.on North America Inc. and subsidiaries. All financial statements were generated on a timely basis with no material audit adjustments.

• Established internal control procedures for General Ledger, Payroll, Accounts Payable, and Accounts Receivable. Written procedures facilitated cross-training and substitution during employee absences.

• Reviewed all SEC filings for MEMC Electronics Ltd., one of the company’s subsidiaries. All SEC documents filed on a timely basis without significant SEC comment letters.

• Implemented a system designed to take advantage of early payment discounts, saving over $200 thousand annually.

• Designed and implemented a system to track inventory returns, eliminating the possibility of paying for returned items which resulted in a savings of $250 thousand annually.

May 1998 – June 2000 Bondo Corporation (subsidiary of RPM, Inc. - a Fortune 500 manufacturing company)

Corporate Controller

• Promoted to Corporate Controller from Assistant Controller in August1998.

• Responsible for all accounting, internal control and financial reporting for Bondo Corporation, manufacturer of automotive products generating approximately $60 million per year in revenue.

• Managed accounting department of 14 accountants in manufacturing facilities in Atlanta and Cincinnati.

• Organized and performed due diligence activities of acquisitions saving approximately $200 thousand in outside auditor fees.

• Established and maintained controls over acquired companies.

• Designed all production, inventory and cost accounting modules for computer system conversion to SCT Adage using an activity-based costing methodology, which led to more accurate standard costs of all products manufactured.

• Established a variance reporting system effectively measuring material, labor and overhead costs of production, saving $100 thousand per year due to improved cost control.

• Established a slow-moving inventory monitoring system, which was instrumental in reducing gross inventory from $13 million to $9 million.

September 1993 – May 1998 Dataproducts Corporation (Hitachi subsidiary - inkjet printer cartridge manufacturer)

Plant Controller

• Co-responsibility with Production Manager for operation of factory generating $25 million in revenue. Factory operated profitably until the transfer of all production to California in May 1998.

• Managed and monitored $9 million in inventory.

• Managed 17 employees covering the areas of financial statement preparation, cost accounting, accounts payable, accounts receivable, payroll, and inventory management.

• Effectively managed the following without material reductions in profitability: discontinued production of cost-sensitive ribbon products; tracked and monitored closing of Jimmy Carter Blvd. location; worked closely with Engineering, Marketing and Production to develop higher-margin inkjet cartridges for Canon and HP printers; worked closely with Marketing and consultants to generate pro-forma financial statements and narrative for presentation to Chairman of Hitachi Koki, which led to establishment of retail distributors such as Comp USA and Staples. This operation generated $20 to 30 million in annual revenue.

January 1986 – April 1989 KPMG (Big 4 public accounting firm)

Senior Auditor

• Audit staff primarily auditing AFLAC in Columbus, GA and Kindercare Learning Centers in Montgomery, AL. Began as a staff auditing the more basic balance sheet items.

• Promoted to Senior Auditor auditing more subjective balance sheet items and reviewing the work of staff auditors.

EDUCATION

Masters of Accountancy, University of Georgia with honors.

Bachelors of Business Administration, Accounting Major, University of Georgia with honors.

Specialization in advanced financial accounting and computerized accounting systems.

Received an assistantship to teach accounting courses for non-business majors, which fully covered cost of masters program.

IT

Oracle, Lawson, Great Plains, Printstream, SCT Adage, JD Edwards, Quickbooks, Hyperion, Cognos and Microsoft Office

COMMUNITY SERVICE AND HOBBIES

Coach for Hopewell Little League Baseball

Volunteer for Northwestern Middle School Girls Track Team

Restorer of vintage watches and fountain pens

Contact this candidate