Controller/Director of Property Management Operations
Resume:
RITA P.M. BONNICI-BORSELLINO
Lombard, IL 60148
Mobile: 630-***-**** Email: **********@***.***
FINANCE & OPERATIONS MANAGEMENT
I am a hands on, proactive, results and detail oriented individual with proven abilities in project management and completing multiple and diverse projects to meet deadlines. My experience includes managing compliance within regulatory environments in the manufacturing, healthcare, consulting and hospitality industries. I also offer diverse abilities including human resources, information technology, customer service, marketing, sales, accounting, finance, and executive management. I operate and manage people with a creative, collaborative and open-minded attitude to achieve strategic objectives. I offer the ability to adapt to diverse industries quickly and work independently and within team environments. To be successful I develop and build relationships with my communication skills, providing positive internal and external results.
EDUCATION
Northwestern University, Evanston, Illinois 3.7 GPA Kennedy Western University
MS Communication Systems - 2000 BS Administration Concentration in Accounting– 1994
EXPERIENCE
Prism Healthcare Management Group, LLC.
June 2006 to current
Director of Finance – Reporting to CEO
Full accountability for administration, financial reporting, accounting, human resources, and information technologies for this privately held 8 year old company with revenues of 30 million and 500 employees.
• Authored marketing business plan for Prism Healthcare Management Group, LLC, resulting in development of equity investor and banking relationships.
• Project management CCRC and new construction development
Submission and approval of Certificate of Need (CON) application to replace and build new construction of a 142 bed skilled nursing facility (SNF). Submission and approval of HUD 232 new construction financing. Construction completed June 2010.
Acquired $8,000,000 tax exempt bond financing through UIRVDA for new construction of 58 Unit supportive living facility (SLF) with Wells Fargo LC backed loan. Construction completed January 2009, facility 100% leased up.
Consultant for new construction 60 Unit LIHTC SLF. Multi Level financing including tax credits. Construction completed Feb 2009. Ramped up in twelve months.
Submission and approval of CON for skilled nursing facility in Kane County.
• Appealed real estate taxes for 60 Unit SLF reducing taxes by $40,000 annually.
• Obtained IDPH approval to receive expedited payment due to Medicaid census..
• Submission of Illinois Housing Authority (IHDA) and National Development Council (NDC) Low Income Housing Tax Credit (LIHTC) compliance reporting for two facilities. Remain in 100% Compliance.
• Developed banking relationship to obtain cash flow financing and reduce financing costs by 20%.
• Implemented QuickBooks multi user accounting program saving $50,000 in accountant fees. Structured chart of accounts, policies and procedures, and facility level accounting support.
• Reorganized Business Office and collection policies and procedures; collected $100,000 in past due private pay and Medicaid, and $200,000 in Medicare Co-Pay accounts receivable.
• Negotiated and implemented Hand Punch time clocks and outsourced payroll processing to reduce inaccurate payroll processing and costs 20%.
• Developed and implemented Human Resources policies and procedures to be compliant with IDPH requirements and regulatory agencies. IDPH surveys showed a 90% reduction in HR compliance tags.
• Renegotiated group insurance as HRA and negotiated higher employee co pay with union representation reducing company costs $70,000 annually.
• Obtained IT licensing compliance method saving $30,000 in licensing fees. Negotiated and contracted with IT maintenance service for all facilities saving $50,000 annually.
• Renegotiated Workers Compensation insurance saving $50,000 annually.
Chicago Bancorp/First Northwest Bank July 2004 – June 2006
Mortgage Banker-Reporting to the Sales Manager
Full accountability to obtain and process real estate and commercial loans. This self employed position was grown from the bottom up by developing business relationships to close over 5 million in loans per month.
Inland Die Casting Company (IDC - Division of RCM Industries) June 2003 – April 2004
Director of Administration – Reporting to the Vice President/GM
Full accountability for administration, financial reporting, accounting, purchasing, human resources, safety, security, and information technologies for this privately held company, with sales of 50 million and 400 employees.
• Developed cost report showing contribution margins from legend system to determine budgeting and pricing requirements. Implemented accountability for all line supervisors based upon reporting results.
• Implemented safety initiative reducing accidents by 40%
• Project management for ISO 9000 certification.
• Restructured accounts payable processing reducing inaccuracies by 20%.
• Developed payroll reporting methods, which provided accurate and more effective means of control for the President and VP of Operations. Worked with temporary staffing service to provide in house supervisors, which reduced supervisor workload.
• Negotiated and implemented an Ethernet Kronos time and attendance, Etime payroll software interface, and ADP Payroll/HRIS for windows reducing inaccuracies by 50%.
• Negotiated, structured and implemented 24 hour guard service, plant wide security camera system, with viewing capabilities on the desktop and via the Internet for remote access capabilities, reducing security issues and improving safety initiative with ROI of less than one year.
• Developed and implemented purchasing procedure, reducing cost through negotiation of commodity purchases saving over $500,000.
• Implemented non-union employee handbook and conformance of policy enforcement for both union and non-union. Negotiated union contract reducing associated costs by $75,000.
• Managed the implementation of Odyssey, an industry specific manufacturing software package.
• Provided in house recruitment strategies saving over $100,000 in headhunter fees.
Fendall, Inc. Lenscraft, Inc., and Bayou LaFourche, Inc. October 1984 – June 2003
Acting CEO 2000 - 2003 – Reporting to Corporate VP
Director of Human & Financial Resources 1990 - 2000 – Reporting to CEO
Assistant Controller / Controller 1984 - 1990 – Reporting to VP Finance
Full accountability for project management, administration, finance, accounting, purchasing, human resources, safety, security, and information technologies for this privately held company, with total revenues of 100 million and 1000 employees. Received subsequent promotions throughout 19-year tenure with this privately held 50-year old company. As a well-respected manufacturer of safety, health and environmental products, Fendall Company was acquired 2000 by Dalloz Safety. Lenscraft, Inc., an 11-year old spin-off manufacturer of precision glass lenses was acquired in the 4th quarter of 2000. Bayou LaFourche, Inc., a 5-year old theme based restaurant was sold in 2003.
• Upon promotion to acting CEO, initiated reduction of manufacturing backlog by 90%.
• Project manager of regulatory submissions and federal GMP’s for clean room and saline solution production and manufacturing.
• Effectively managed due diligence, incorporation and integration processes during the start up of Lenscraft, Inc. in 1990, sale of the RX division in 1993, start up of Crawdaddy Bayou in 1997.
• Project manager of migration and implementation of infrastructure from mainframe with keypunch, to UNIX mainframe, to XENIX with spreadsheet and word processing, to DOS, to Windows, to Windows NT LAN/WAN, utilizing an Internet Service Provider (ISP), ISDN and T1 telecommunications line.
• Initiated strategic alliances by traveling with our sales manager, meeting with key distributors improving new and existing product line sales growth 20% over budget.
• Initiated and implemented the Human Resource Department, including re-writing the Company handbook and policies and procedures, recruitment, succession planning, employee incentive, training, compensation management, group benefits and payroll integration.
• Implemented Human Resources department, self funded insurance plan, and wellness plan. Revised plan documents and renegotiated group benefits keeping costs well below the national average.
• Transitioned the sale of Fendall Company with Christian Dalloz, St. Claude, a French safety equipment manufacturer, working in tandem to set up corporate and customer service operations in Rhode Island and France.
IT & SOFTWARE SKILLS
• Microsoft Office, Quickbooks, ECS, Add On, American Health Tech. JD Edwards
BOARD EXPERIENCE
• Arlington Heights Chamber of Commerce - VP Business Development 1995 – 2000
• Today’s Chicago Woman – Marketing Director – 1998
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