Controller

STANLEY E. SHALA

** ****** *** • West Orange, NJ 07052

**********@***.*** • C: 973-***-****

CONTROLLER PROFILE

Accounting Management • Staff Development • Information Systems

Multifaceted professional with a record of ensuring the financial integrity of quickly growing businesses. Extensive experience in progressively responsible financial management capacities, with competencies in budgeting, financial reporting and human resource management. Consistently deliver insightful analysis to guide executive decision-making. Demonstrated ability to provide effective leadership; strong communication skills, adept in training and motivating others and creating rewarding professional environments that consistently foster high performance standards. Computer proficient, with experience facilitating accounting system implementations.

CORE COMPETENCIES

• Forecasting / Budgeting

• Accounts Payable / Receivable / Collections

• Consolidated Financial Reporting • Training Coaching / Mentoring

• Payroll Administration

• Inventory Control

• Cash Flow Management • Accounting System Implementation

• Cost Analysis / Reduction

• Internal Controls

PROFESSIONAL EXPERIENCE

NATIONAL CONSOLIDATION & DISTRIBUTION – Totowa, NJ

Controller, National Trucking Company (2008 – 2010)

Consultant for NCD from September 2010 to April 2011

Responsible for the financial and human resource management including 401k and health benefits. Report directly to the principle. Prepare budgets and financial reports for the company. Interact with outside accounting firm. Prepare cost of trucking operations. Responsible for the consolidation of four companies and intercompany entries. Analysis of balance sheet accounts. Federal and State taxes.

STARLITE MEDIA LLC – New York City, NY

Controller, Outdoor Advertising Co. (2005 – 2008)

Responsible for the financial and human resource management including benefit package and payroll for this national outdoor advertising company. Prepare all financial data for financial reporting including leasing obligations to the Board of Directors. Ensure that all reporting is done timely and accurately for quarterly and annual reporting. Administer accounts receivable and collections functions. Prepare budgets for the company. Interface with outside accounting firm and leaseholders. Developed sales reports for the sales department and management to recognize up to date revenue. Developed financial reports for the Board of Directors.

Reduce purchasing cost of signs by working closely with the operations manager and manufacturers.

Integration of charting pro program with Quickbooks.

Help reduce production cost of advertisement signs with printers and cost of shipping same.

Negotiated cost of revenue sharing with leased property spaces.

ATRIUM BIOTECHNOLOGIES USA (formerly Biotherapies) – Fairfield, NJ

Controller, Distribution Center (1999-2005)

Served in financial and human resource management capacities for this bio-pharmaceutical producer. Oversaw financial reporting, ensuring timely and accurate preparation of quarterly and annual financial statements for distribution center unit with annual sales of $5M+. Managed 4 inside sales representatives, 3 accounting and 2 warehouse staff. Negotiated costs and production contracts with raw material suppliers and manufacturers. Engaged in product procurement and managed inventory of $2M. Prepared in-depth cost analyses on raw materials, including bottling, labeling and cost by unit/weight. Administered accounts receivable and collections functions. Provided audit guidance to outside accounting firm. Key Achievements:

Integral in reducing shipping costs by 34% and the cost of shipping supplies 20% over a four-year period by negotiating larger-quantity shipments and lower commissions for suppliers.

Lowered manufacturing costs by 15% over four-year period by negotiating more advantageous bottling and labeling costs with numerous vendors.

Successfully facilitated domestic and international product distribution worth $500K annually; interfaced with government agencies abroad and at New York-based consulates in obtaining import and export permits and certifying in-house analyses.

Managed cash flow of $100K-$200K per month to ensure ongoing liquidity.

ALLIED OUTDOOR ADVERTISING – Hackensack, NJ

Controller (1995-1999)

Managed consolidated financial reporting for 6 entities of an outdoor advertising company with annual sales of $20M+. Led accounting staff of 4, with responsibility for all human resource functions, including payroll and benefit package administration. Performed work in process cost analyses on ongoing projects. Interfaced with outside accounting firm. Key Achievement:

Played key role in converting manual accounting system to MAS90, capturing time savings in performing account analysis and generating financials; instituted measures to alert staff members to upcoming property tax payments, help identify exact billboard locations and determine final advertising costs. Facilitated an improvement in tracking sign lease payments and renewal dates.

NEW DEAL DELIVERY SERVICE – Elizabeth, NJ

Controller (1993-1995)

Responsible for financial statement preparation at this nationwide transportation company with sales of $20M, supervising staff of 15. Analyzed receivables, payables, cash flow and expenditures in developing recommendations for management. Prepared purchase requisitions for capital equipment, primarily major equipment tractor trailers. Key Achievement:

Developed and instituted effective internal controls and wrote complete accounting manual on payables and receivables processing, contributing to a substantial improvement in company operations and transparency.

Early-Career Experience

SUBURBAN PROPANE GAS CORP. – Whippany, NJ

Accounting Manager (1982-1993)

Advanced through increasingly responsible positions, culminating in role as Accounting Manager supervising staff of 12 and training regional/district managers. Responsible for fixed assets of $1.2B and $50M material inventory for 965 retail outlets. Prepared $1M annual operating budget; monitored capital expenditures. Administered general ledger and performed account reconciliations. Key Achievement:

Developed fixed asset accounting controls and procedures; captured annual savings of $250K by initiating in-house equipment repair program.

EDUCATIONAL BACKGROUND

Master of Business Administration (MBA) • University of Phoenix 1998

Bachelor of Science in Accounting • Rutgers University – Newark, NJ 1988

PROFESSIONAL DEVELOPMENT

Computer language courses; Seton Hall University • Time Management; Charles R. Hobbs • Quality Improvement; Philip Crosby

COMPUTER PROFICIENCIES

MAS90 / AccPac Accounting Systems, Navision, ADP Payroll, QuickBooks, MS Office, Platinum,

Peachtree

EXTRACURRICULAR ACTIVITIES

Kathleen K. Shala Foundation in conjunction with Chilton Memorial Hospital

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