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Thomas P. Burke, MBA
Enthusiastic hands-on
Finance Professional with a diverse skill set including budgeting,
forecasting, account analysis, Internal management , financial
consolidations, process improvement, cost reductions, Multi-currency,
local / state / federal compliance reporting, acquisition due
diligence, various system conversions and implementations.
RELEVANT EXPERIENCE
Commercial Funding
Services, LLC – Avon,
CT
08/08 - Present
Consultant –
SBA & Commercial Financing
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Financial review of loan
documentation
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Preparation of loan
packages
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Assisted clients with
financial projections
Cannondale Bicycle Corporation,
Bethel CT
01/08 – 07/08
Controller
- Managed staff of
three and reported to the Chief Financial Officer
- Responsible for
the
finance operations including
financial reporting, and accounting operations of newly acquired
bicycle manufacturing company.
-
Prepared monthly financial
reporting package for the four global subsidiaries and US
Operations.
-
Responsible for the monthly and
quarterly corporate reporting, and budgetary controls. Managed staff
of three accountants.
Tufenkian Artisan Carpets, Inc.,
New York, NY
03/07 – 01/08
Controller
§
Managed staff of three and reported to the Chief
Financial Officer
§
Responsible for the
finance and
administration of the operations including financial reporting,
budgeting, cash flow, and accounting operations.
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Prepared monthly
financial reporting package for the six domestic retail showroom
operations and wholesale company, NY.
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Responsible for the
monthly bank compliance reporting. Daily cash management, semi annual
external audit responsibilities, and budgetary controls.
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Managed daily
operations of accounts payable, accounts receivable, and credit
management.
Financial Consulting,
CT &
NY
05/04 – 02/07
Consultant –
various assignments
Kendro Laboratory Products, L.P.,
A division of SPX Corporation, Newtown
CT
07/99 – 04/04
Director -
Worldwide Reporting, Analysis, & Treasury
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Managed staff of two and reported to the Chief Financial
Officer Responsible for the worldwide reporting of a multi-national
laboratory products manufacturer.
§
Multi-dimensional reporting matrix included regional,
legal entity and product line segments. Reporting consisted of fifteen
reporting entities along with intercompany eliminations, realized
transfer profit allocations, purchase accounting entries, and currency
adjustments.
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Managed annual planning with monthly forecasts.
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Responsible for corporate financial reporting and
consolidation a monthly and quarterly basis using Hyperion Enterprise.
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Prepared financial statements and analysis for both
internal management and external SEC reporting purposes.
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Responsible for North America segment reporting. This
included Newtown facility worldwide production sales and margins
reporting and analysis. Spending variance analysis performed comparing
to budget and forecasted for each cost center.
Key Accomplishments:
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Implemented Hyperion
Enterprise for corporate financial reporting including SEC reporting
requirements at domestic locations and converted both current and
historical data.
§
Developed year-end
audit package to expedite annual audited financial reporting resulting
in a two-month reduction in the publication of the report.
§
Streamlined
consolidation process from 7 days to 2 days.
§
Participated in
potential acquisitions due diligence and sale of company due
diligence.
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Member of the Newtown
Leader Team, team of top key management personnel for this site.
Lorad, Division of
Trex Medical Corporation, A Thermo Electron Company, Danbury
CT 07/88 – 06/99
Controller
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Global multi-plant
manufacturer and distributor of medical X-ray equipment, breast biopsy
systems, and cardiac cath labs.
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Participated in
company growth from a $10 million single location privately held
company to a $250 publicly traded company with five locations
worldwide through acquisitions and internal growth. The Lorad
division alone grew to a $125 million location.
§
Managed staff of 14
and reported to division President along with Corporate Vice President
of Finance and a member of the senior management staff.
§
Continually promoted
to higher-level positions with increased responsibilities in the firm.
(Accountant, Accounting Manager, Assistant Controller and eventually
Controller)
§
Responsible for all aspects of Accounting,
Administrative, and Information Technology functions for a high
technology manufacturing company.
§
Facilitated monthly, quarterly, and annual consolidation
of the company and it’s subsidiaries for financial reporting,
budgeting, forecasting,
projections, variance analysis, quarterly corporate financial
reporting packages, and annual corporate tax reporting package for
internal management and corporate SEC reporting requirements.
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Oversaw monthly
closing of one division and corporate group financial records.
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Assisted in quarterly
SEC reporting requirements and preparation of 10Q, 10K, and MD&A.
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Responsible for all aspects of the accounting function
that included Accounts Receivable, Accounts Payable, Order Entry,
Payroll, Cost Accounting, Fixed Asset Management, and Financial
Reporting.
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Key contact for internal and external auditors.
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Responsible for the
divisional payroll of approximately 300 employees and corporate
telecommunications.
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Enhanced and refined costing methods for valuation of
inventory and products enabling monthly reporting of inventory
changes.
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Performed inventory reconciliations, annual physical
inventory, and overhead application.
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Managed Accounts Receivable credit and collections.
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Prepared state sales & use tax returns and property tax
returns.
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Key contact for various state sales & use tax audits.
Key
Accomplishments:
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Lead Finance person in implementation of integrated
MRPII system (Dataworks / Epicor) with full conversion from prior
system.
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Implemented and
converted to Great Plains Accounting Software to fully integrate with
MRP system.
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Managed quarterly
review of physical inventory of field service trunk inventory to
minimize excess and obsolete parts on hand and maintained accuracy of
this inventory.
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Participated in the
development of vendor consignment inventory program at our location
minimizing our on hand inventory value and the carry cost of such
inventory.
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Developed and managed
Accounting staff for a rapidly growing business with changing needs.
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Key resource
personnel for the ongoing acquisitions and due diligence of companies.
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Participated in the
S-1 SEC filing for the company’s private offering and initial public
offering.
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Converted manual
payroll to a fully automated system including electronic time clocks
with swipe badges and computer based payroll software (ADP).
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Implemented a Fixed
Asset Accounting system and converted from manual system.
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Key personnel in the
merger and acquisition of the company when it was a privately held
corporation.
EDUCATION
Western Connecticut State University,
Danbury,
CT
Masters in Business Administration, Concentration: Management
Graduated 5/97
Bachelor’s Degree in Business Administration,
Major: Accounting Graduated 5/88
SKILLS
Proficient with Hyperion Enterprise
5.0, PowerPoint, Excel (pivot tables, vlookups), Word, BPICS, BaaN,
Dataworks (Epicor), and Great Plains
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