Ed Normile Email & Phone Number

Conshohocken

• Bottom-Line-- Implemented numerous automated accounting and bookkeeping tools to reduce labor and speed-up reporting. Assisted in the transition to a new ERP system which enabled the company to monitor results on a daily basis and make appropriate adjustments.• Accounting--Improved financial reporting, budgeting and cash flow forecasting by creating account reconciliations which highlighted errors and brought attention to areas that required improvement. Created cost tracking process to determine profitability of various company services.• Credit Management—Manage a revolving credit line. Improved 13-Week cash flow in Excel to accurately anticipate cash needs of the company.• Operations--Improved inventory by meeting with all involved departments to gain an understanding of the work being performed, flow charted the process and used this as a change vehicle to improve the understanding of the new ERP system and eliminate redundancies and reduce errors.

• Bottom-Line--On the basis of multifunctional executive leadership contributions, eliminated over $300K in middle management salaries. Implemented numerous automated accounting and bookkeeping tools to reduce labor and speed-up reporting.• Accounting--Improved financial reporting, budgeting and cash flow forecasting by automating monthly reporting through the use of MS Excel. Developed a weekly cash flow model which enabled accurate forecasting and permitted transparent compliance for credit management purposes.• Credit Management--Managed a revolving credit line valued at around $6M; variances never exceed $10K. Played a vital role insulating the firm during the recent downturn.• Operations--Improved inventory accounting and eliminated $100K+ in system errors. Improved relationships with vendors, financiers, and investment companies to improve terms and reduce interest charges.• MIS--Developed ERP extracted dashboards to empower executive decision-making.• HR--Created employee cross training and job sharing programs which provided necessary redundancies for all vital production and operational roles.

• Bottom-Line--Identified streamlining and consolidation opportunities to eradicate over $250K in annual expenses. Identified, investigated, and eliminated employee theft at values averaging $90K per year. Directed IT to improved client-side processing and recovered over $100K in revenues in first year which otherwise would have been forfeited.• Acquisition Analysis--Conducted 4 Due Diligence reviews for company acquisitions valued from $15M to $60M and 2 reviews for smaller enterprises. All reviews resulted in completed acquisitions.• Auditing--Maintained a heavy case load covering parent and subsidiaries. Functioned as resource to external auditors and served as subject matter expert for Accounts Receivable, Accounts Payable, Fixed Assets, Inventory, and Revenue Recognition.• Fraud Elimination--Investigated suspicious and anomalous activities; uncovered and ended employee malfeasance averaging over $40K annually.

Supervised the software revenue recognition group, which had responsibilities for analysis, revenue recognition/projections and contract billing for approximately 200 contracts with an average value of $1 million. Conducted a process improvement initiative, which resulted in contract summaries that aided management decisions and revenue projections.

Ms, Accounting, 3.67

Bachelor Of Business Administration, Accounting