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CFO and Controller

Location:
Concord, MA, 01742
Salary:
175000
Posted:
April 15, 2012

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Resume:

EXECUTIVE SUMMARY

** *****’ experience in public and private company maximizing revenue and earnings in varied global environments managing Finance, Accounting, Consolidations, Reporting, Budgeting, Tax, Treasury, Risk, HR and IT.

Chief Financial and Accounting Officer and face of the company to investors, banks etc. Started up new business for Foreign company in USA. Set up two new businesses in China.

Structured many acquisitions, divestitures, loans and capital. Key business partner for CEO.

Implemented two ERP systems in two separate companies.

Worked in the USA for 19 years, the UK for 5 years, and others including China, Denmark, Germany, India, etc.

EDUCATION

MBA – Fairleigh Dickinson University, New Jersey, USA.

Chartered Accountant (CPA).

ICMA PI - Chartered Institute of Cost and Management Accountants.

BA - Major Accounts and Tax with Honors, St: Xavier’s College – Calcutta University.

EXPERIENCE

FLODESIGN WIND TURBINE CORP Mar 2011 to present

CONTROLLER

Alternative Energy - wind turbine manufacturer.

Start-up operation, gearing company for full manufacturing and development of wind turbines.

Managing a team of professionals in US, Denmark, China for consolidation of financials, budgets, performance, etc.

Create new internal controls worldwide and institute process flow to manage over $120 million venture capital.

Monitor compliance with all taxation, and regulatory affairs in US, Denmark, China and Hong Kong.

Responsible for reporting to investors, banks, Dept. of Energy for all funding/financing of approximately $130 million.

Created integrated reporting system using direct data retrieval from ORACLE ERP system.

Create new costing standards for full turbine supply chain and manufacturing system globally.

Implemented major accounting and performance management process for expeditious scaling of operations.

Formulated international reporting and accounting policies for the group.

GES GLOBAL ENERGY SERVICES USA, INC. (www.ges-usa.com) Nov 2006 to Feb 2011

CONTROLLER

Alternative Energy (wind turbine and solar) company developing, construction and maintenance of alternative energy production centers globally and specifically all over USA.

Started-up operation, created US profile, established new banking and treasury relationship, created new Finance, Accounting, IT, HR and Procurement departments and staffed them. Implemented transfer pricing.

Grew company from zero to $100 million revenue with operations in eleven states and over 400 employees.

Implemented various reporting and structural performance metrics and controls to improve margin despite reduction of unit revenue earnings.

Worked with and created EPC contracts for new Solar plants in US and Puerto Rico together with CEO.

Set up wind farm metrics and performance standards and monitored them closely to contain costs and boost revenue.

GLOBE MANUFACTURING INC. Apr 2002 to Oct 2006

CONTROLLER

Manufacturer of precision engineered metal stampings for Nokia, Motorola, US military, Tyco, and others for use as radio frequency shield for cell phones, bullet links, etc.

Restructured entire Term and Working Capital Debt, including unsecured debt with both cost and cash flow benefit in excess of $20 million. Increased EBITDA by factor of three.

Performed comprehensive Cost and Sales Analytics, Scenario, and Price/Volume/Mix analysis to restructure Sales and Production contributing over $8 million in saved costs.

Restructured and improved reporting to highlight non-performing inventory and reduced overall payroll costs by $5 million with significant savings to achieve strategic turn-around..

Strategic management of new manufacturing facility in Shanghai, China – savings $3 million.

SL INDUSTRIES, INC. (Power conditioning manufacture – NYSE – SLI) Dec 2000 to Apr 2002

CHIEF ACCOUNTING OFFICER (Vice President - Corporate Controller)

Manufacturer of precision power and data quality equipment for use in CT scanners by General Electric, Siemens, precision motors for Boeing, and other PDQ equipment.

Managed and wrote 10-Q and 10-K. Reported to Board and Audit Committee.

Implemented Sarbox requirements and Controls.

Actively managed divestiture process of certain divisions and worked with Investment Bankers.

MEASUREMENT SPECIALTIES, INC. (Sensor manufacture – AMEX-MSS) Nov 1997 to Nov 2000

“Hot growth company in 2000” source Business Week

Corporate Controller

Manufacturer of precision pressure sensors for use in oil-wells, high pressure pipelines, to measure pressure of liquids, sensors for ABS brakes for leading car manufacturers like GM, Ford, etc.

Managed and wrote SEC reporting, Board reports and interacted with all divisions, Board, etc.

Did due diligence work, acquired new divisions and integrated four of them into our group.

Streamlined commission payments to retail agents, salesmen, royalty accounts, various allowances for advertising, volume rebate etc. to customers.

Managed customer liability issues and controlled liability costs.

Was project leader to implement ERP system in US and internationally. Successfully implemented “Powercerv” ERP system globally.

RST/MERIDIEN GROUP (banking and commodities trading conglomerate) Jul 1988 to Oct 1997

VP Controller - Corporate Accounting and Reporting

Commodities trading/investment banking and trade finance, international trade

Worked in Zambia, London-UK and New York-USA.

Managed a team of professionals in consolidation of financials, budgets, etc.

Implement internal controls worldwide and instituted exception reporting, saving over $5 million.

Monitored compliance with statutory reporting requirements for UK, Bahamas and US.

Responsible for worldwide reporting of 28 international subsidiaries.

Negotiated and obtained facilities from banks for inventory and debt financing - $20 million.

Created integrated reporting system using direct data retrieval.

Leader for transition accounting and merging of accounting, financial and budgeting system for eleven newly acquired companies. Implemented major accounting software change – savings $5 million.

Merged French and UK accounting with US GAAP without external consultants and saved $3 million.

Formulated international reporting and accounting policies for the group.

COMPUTER SKILLS

Expert level skills in Excel (macros, pivot tables, scenarios, etc.)

Good knowledge of MS Access, Word, PowerPoint, Lotus Notes.

Worked with Oracle, SAP, Timberline ERP, accounting and report creation software programs (Monarch, Crystal Reports, F9, IQ, etc).



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