Finance Manager/Controller
Resume:
MICHAEL MANCE, C.P.A.
Frankfort, IL
************@*******.***
Professional Summary
Senior financial manager with 20 years of progressive management, financial reporting and accounting experience, including controller, public accounting, SEC reporting, Proxy Statement, IPO, Sarbanes-Oxley, international accounting, managed external audit process, financial reporting disclosure committee chair, technical accounting research and managed teams, with strong leadership and problem solving skills.
Professional and Business Experience
Ace Hardware Corporation, Oak Brook, IL 2007 to 2011
Responsible for financial reporting and the international growth strategy initiative for a $4 billion hardware wholesaler.
International Finance Project Director (2010 to 2011)
Developed and implemented global sales cut-off policy and procedure for international and domestic warehouse, freight forwarders, third party vendors and foreign subsidiaries which included detailed evaluation of business documents for risk of loss and transfer of title.
Researched and implemented financial reporting requirements in Shanghai, Hong Kong, Dubai, Panama, Bermuda and Netherlands which included statutory audits, chart of accounts compliance, functional currency and reporting standards.
Developed and implemented international accounting, travel and expense, royalty and license fee billing, and signature authorization levels policies.
Remediated internal audit findings with business process owners and implemented procedures to ensure compliance with corporate internal controls.
Process manager for SAP Business One record to report blue printing, functional specifications and migration.
Senior Financial Reporting Manager (2007 to 2010)
Managed consolidation and preparation of financial statements, press release and conference call script.
Led the investor relations process which included quarterly press release and conference call with bond holders.
Managed and prepared SEC Form S-4.
Managed and led team on restatement of financial statements related to $154 million accounting error.
Prepared financial reporting package for $300 million public bond offering memorandum.
Implemented and chaired the quarterly financial reporting disclosure committee meetings.
Communicated and presented quarterly financial statements and press release to the Audit Committee and Officer team.
Implemented, managed and ensured compliance with corporate accounting policies and procedures.
Led the RFP process in appointing the company’s new external auditors.
Managed annual audit and quarterly reviews with external auditors.
Ensured financial statements were in accordance with GAAP and in compliance with SEC reporting rules and regulations.
Managed research, memo documentation and implementation of new accounting pronouncements.
Managed and assisted in the monthly close process which included account reconciliation and journal entry review.
Streamlined financial statement consolidation process with implementation of BPC software.
Key member of the SAP record to report business transformation team.
Championed the finance department’s lean-out project which recognized savings of $0.5 million and 4,000 hours.
Responsible for derivative, OPEB plans, costs of computer software development, legal and lease reserve accounting.
Built financial reporting team, including hiring, training, coaching, promoting, individual development plans and evaluations.
Brookdale Senior Living Inc., Chicago, IL 2005 to 2007
Financial Reporting Manager
Responsible for SEC reporting and technical accounting research for a $2 billion NYSE senior living company.
Prepared SEC Form S-1 for successful initial public offering.
Prepared SEC Forms 10-K, 10-Q and proxy statement.
Prepared SEC Form S-1 for add on offering for $1.1 billion acquisition.
Ensured financial statements were in accordance with GAAP and in compliance with SEC reporting rules and regulations.
Implemented Sarbanes-Oxley Act financial reporting requirements and ensured ongoing compliance.
Researched, documented and implemented new accounting pronouncements.
Coordinated with external SEC attorneys to ensure compliance with SEC reporting requirements.
Responsible for financial reporting debt covenant compliance.
Responsible for purchase, variable interest entities, stock compensation and hedge accounting and memo documentation.
Responsible for common stock accounting and managed relationship with company’s stock transfer agent.
PCTEL, Inc., Chicago, IL 2002 to 2005
Assistant Corporate Controller
Responsible for SEC reporting, Sarbanes-Oxley and accounting functions for a NASDAQ wireless access mobility solutions company.
Full responsibility for accounts receivable, accounts payable, payroll and financial reporting functions.
Prepared SEC Forms 10-K, 10-Q, quarterly earnings release and proxy statement.
Implemented internal controls and ensured compliance with Sarbanes-Oxley Act requirements.
Managed monthly accounting close, consolidation and financial reporting with international branch subsidiaries accountants located in France, Taiwan, Hong Kong, Japan and Israel.
Responsible for all facets of quarterly reviews and annual audit with external auditors.
Served as a primary resource for technical accounting research.
Prepared Audit Committee financial reporting package.
Prepared work papers for annual goodwill and intangible assets impairment test for Standard and Poor’s.
Responsible for accounting for income taxes.
Supervised accounting staff which included hiring, training and evaluations.
Implemented Great Plains accounting system and decommissioned Oracle system.
B2BWorks, Inc., Chicago, IL 2000 to 2002
Corporate Controller
Responsible for all accounting functions for a start-up Business-to-Business online ad network company in pre-IPO stage.
Full responsibility for accounts receivable, accounts payable and financial reporting functions.
Prepared consolidated financial statements and budgets.
Responsible for all facets of annual audit with external auditors.
Prepared corporate and state tax return work papers for external tax preparer.
Implemented internal controls and expense report policy.
Implemented 401(k), FSA and cafeteria plans.
Seeler Industries, Joliet, IL 1999 to 2000
Corporate Controller
Full responsibility for accounts receivable, accounts payable, payroll, treasury, budgeting and reporting functions.
Established accounting procedures and implemented internal controls.
Responsible for all facets of annual audit with external auditors.
Established and maintained bank relations and ensured compliance with loan covenant requirements.
Monitored 401(k) plan administration and reporting requirements.
Implemented general ledger accounting system.
TransTech, Downers Grove, IL 1998 to 1999
ERP Consultant
Acted as a liaison between IT staff and client’s accounting department implementing Oracle and Baan financials. Verified systems were compliant with GAAP financial reporting through system transaction analysis. Implemented system internal controls and ensured compliance with tax reporting requirements.
Altschuler, Melvoin & Glasser, LLP, Chicago, IL 1995 to 1998
Audit & Tax Manager
Responsible for planning through completion phases for audit and review engagements in the manufacturing, retail, distribution, real estate, service, advertising, restaurant and non-for profit industries.
Supervised and recruited staff and taught continuing professional education.
Prepared and reviewed corporate, partnership, individual, trust, estate and non-for profit tax returns.
Performed employee benefit plan audits which included preparation of Form 5500.
Worked with two national banks performing loan investigations for line of credit covenant compliance.
Stonehouse & Associates, Joliet, IL 1990 to 1995
Manager
Prepared financial statements and ensured compliance with external reporting requirements.
Prepared corporate, partnership and individual tax returns.
Provided client representation during Internal Revenue Service, state income and sales tax audits.
Education
Bachelor of Science, Accounting Illinois State University Normal, IL
Certification
Certified Public Accountant
Licensed C.P.A. in Illinois
Technical Skills
Proficient in Microsoft Word, Excel, PowerPoint, Outlook, SAP, JDE, PeopleSoft, Oracle, Great Plains, BPC, Essbase and Concur
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