CONTROLLER
Over 26 years experience as a Controller, 2 years as an Accounting Manager and 5 years in Public Accounting. In-depth experience supervising the quality of and financial reporting of multiple organizations. Expertise in the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles. Knowledgeable of mechanisms of diverse organizations specific to general, utility and government contractors, warehousing, distribution, trucking, retail, wholesale, banks, savings and loans association, and cost certifications.
PROFESSIONAL EXPERIENCE
Controller June 1998 to Present
VIRTEXCO Corporation, Norfolk, VA
Manage revenue of $80,000,000 to $93,000,000 for the last 4 years. Proficient in Sage Timberline Accounting Software, general ledger, job cost, cash management, accounts payable, accounts receivable, including retainages, progress billings, cash receipts and past-due reports for weekly staff meetings. Allocate monthly mechanical overhead and field overhead to job cost. Manage multiple city and business licensing and tax reporting of multiple banks and various bank accounts. Monitor loans, including line of credit and daily transactions, as well as repayments. Administer company credit cards. Development, implementation and daily administration of company policies as well as 401-K profit sharing and Employee Stock Ownership Plans (ESOP) for over 200 employees including start-up, enrollment, administration, discrimination testing and tax returns. Administration of Consolidated Omnibus Budget Reconciliation Act (COBRA). Prepare both monthly and yearly projections and budgets, comparing to actual at departmental level. Supervise Accounting Department, comprised of a staff of 4. Prepare weekly job cost report summaries by Project Managers, Estimators and office. Spearhead payroll for multi-state employer, file electronic W2’s, paycheck signature and direct deposit. Accountable for tax audits for local, state and federal. Conduct Defense Contract Audit Agency (DCAA) audits and establishment of overhead/burden rates. Establish fixed assets and depreciation schedules. Prepare interim (monthly) financial statements including overhead, general and administrative rates. Prepare monthly bonding company reports, including percentage of completion, backlog and report underbillings. Contact/scheduling responsibility with independent CPA for annual review and preparation of all work-papers. Primary contact for banking, including multiple lines of credit and financial covenant compliance. Oversee $2,000,000 Company investment portfolio. Administer cafeteria and flexible spending plan. Point of Contact for Central Contractor’s Registration (CCR). Review and process all change orders. Complete monthly reporting on status of contract completion dates vs. time elapsed.. Manage daily cash flow of company, utilizing online banking, including overnight investments. Preparation of Officer’s personal financial statements. Review and maintenance of general ledger. Gross profit analysis by job and office. Point of contact for insurance agent and accountable for annual renewals, schedules, administration of general, health and workers compensation insurance, in multiple states, including audits. Experience concerning entities including Subchapter S Corporation, LLC and LP. Prepare Quarterly Strategic Planning Meeting presentation, including financial reports. Administered sales tax for multiple states, including audits. Preparation of Small Business Subcontracting Plan reports and semi-annual electronic filing using SF-294 and 295. Prepare Corporate tax returns in multiple states. Schedule and run monthly job cost meetings with 10 to 12 Project Managers at multiple locations. Prepare and maintain Company depreciation and amortization schedules of fixed assets.
• Saved $41,000 by reducing Accounting Department staff from 7 to 4 full-time equivalents by 2000.
• Manage up to 125 projects simultaneously, with individual projects scaling up to $20,000,000.
Controller
Wolf Contractors, Inc., Newport News, VA
Managed revenue of utility contractor exceeding $10,000,000. Conversion from Integrity Systems, Inc. to Dexter and Chaney Forefront Accounting Software for general ledger, accounts receivable, acco...
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