VP Finance & Accounting @ Managed all aspects of corporate accounting and treasury functions for a private company. Major interaction in process leading to significant investment by private equity firm. Responsible for month end close process including AR, AP, journal entries, revenue recognition, account reconciliations and financial statement analysis. Quarterly presentation at company’s board meetings. Corporate Infrastructure
VP Finance & Accounting @ Managed all aspects of corporate accounting and treasury functions for a private company. Major interaction in process leading to significant investment by private equity firm. Responsible for month end close process including AR, AP, journal entries, revenue recognition, account reconciliations and financial statement analysis. Quarterly presentation at company’s board meetings. Corporate Infrastructure (Corp. IT & Facilities) added to responsibilities. Managed all banking relationships for the company. 401K trustee for company. Main contact with company’s external auditors during annual audit.
• Worked with external auditors, finalized audit a full five months ahead of previous years’ schedule and at a significantly lower cost than previous years.
• Worked with investment bank to secure investment by private equity firm.
• Secured $13.2MM GrowNJ tax credit for company and several other R&D tax credits totaling over $2MM
• Established process for delivering on time and accurate monthly financial information to management.
• Resolved Company’s long standing sales tax issue by determining taxability and nexus in all states in which sales were made.
• Instituted numerous controls to ensure more accurate financial statements and reduce the possibility of fraud. From November 2010 to Present (5 years 1 month) Matawan, NJController/Treasurer @ $300mm Company providing software solutions for financial risk management.
Managed all aspects of corporate accounting, financial planning & analysis and treasury functions for a public company. Responsible for month end close process including AR, AP, journal entries, revenue recognition, account reconciliations, consolidation of multinational operations, budgeting/forecasting and financial statement analysis. Collaborated with CFO on the Earnings Release, SEC filings and investor presentations. Managed all banking and investment relationships for the company. Heavy interaction with company's external auditors during annual audit and quarterly reviews.
Performed due diligence on and integrated several acquired companies' finance functions enabling synergy savings to be realized and providing the ability to produce consolidated financial information.
Established standard set of policies and procedures greatly contributing to company's ability to launch IPO in January 2008 and meet SOX requirements by necessary deadlines.
Developed electronic process for invoicing clients resulting in reduced AR days outstanding by more than 30 days.
Lowered company's data costs by $300k per year by analyzing company's expense and identifying duplicate subscriptions.
Created product P&Ls which illuminated for management of the company on a more micro level.
Managed investment portfolio (up to $250mm) maintaining liquidity with no losses in principal or significant mark to market reductions by insisting on vigilant adherence to conservative investment policy.
Established, implemented and administered systems for lockbox, remote deposit, fraud control and investment management.
Designed adaptable forecast process which allowed for necessary flexible forecasting in a constantly evolving environment. From May 2000 to July 2010 (10 years 3 months) Finance Manager @ Managed all aspects of corporate accounting for a private company. Responsible for month end close process, financial statement preparation, consolidation of multinational operations and management of AP and AR functions. Main liaison to external auditors.
Coordinated the successful transfer of finance function from Cleveland to Iselin. Learned roles of existing team members, determined team members to retain, hired and trained new employees. Achieved management's goal to have finance function reside at company headquarters and upgraded capabilities of the department.
Successfully managed significant upgrade to company's accounting system. Selected the platform to use, worked with consultants to implement upgrade and trained internal team.
Developed product profitability statements which lead to effective pricing of products and determined where company's resources should be invested.
Automated international consolidation process which expedited monthly financial statement preparation and enabled management to make timely financial decisions. From May 1995 to April 2000 (5 years) Accounting Supervisor @ Supervised team of 4. Responsible for clients' premium and claims accounting in Dallas, Houston and Chicago regions. Managed collection of policy premiums from brokers in a timely fashion and prepared payments to clients for loss claims. Heavy interaction with brokers and clients to resolve issues.
Microsoft Excel, Microsoft Word, Microsoft Access, Hyperion, FRX and Epicor Accounting From January 1991 to January 1995 (4 years 1 month)
Rutgers University-New Brunswick From 1983 to 1987 BS, Accounting @ Kean UniversitySt Paul of the Cross Michael Greten is skilled in: Finance, Management, Accounting, Sarbanes-Oxley Act, Internal Audit, Auditing, Corporate Finance, Consolidation, Forecasting, Financial Statements
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