Frank Girolamo Email & Phone Number

Boston, Ma

Lead all accounting and finance functions for this family office that includes investment portfolios and corporate and residential real estate in greater Boston, southern New Hampshire and internationally.• Through key strategic investment partners, established monthly reporting and forecasting of contributions/distributions and expected long-term return critical to cash flow.• Led the strategic planning reporting process which includes a monthly rolling update of KIC’s 3-year business plan and corresponding annual operating and capital equipment plans.• Established inventory management and operations reporting for the Company’s North operation, consisting of for-profit and non-profit entities. • Led KIC finance through a reorganization, to better align resources with operating segments, while maintaining necessary controls and financial reporting; currently department of six.• Established monthly performance reviews with all three GCC business entities; increasing accountability of the numbers and providing more predictability of its impact on KIC operations; primarily cash flow and distributions. • Revised quarterly reporting and presentation to Board of Advisors, focusing on operational results and critical strategic initiatives that move the business. • Provides financial support for all family office activity including personal property, philanthropy and cash management.• Serves as primary liaison for audit and banking relationships.

Led all budgeting, reporting, accounting, financial analysis, risk management, legal, and Human Resources; reported to the CEO.• Provided financial leadership that enabled top-line growth from $25 million to $80 million, organically and through M&A activity.• Led the integration and due diligence of five acquisitions in four years.• Led financial system implementations for procurement, company credit cards, sales tax, corporate travel, Microsoft Dynamics SL GL upgrades, BIO (multi-dimensional database tool for financial reporting), and revenue recognition (97-2 compliance).• To support cash management, secured two separate lines of credit to support M&A activity; managed short- and long-term investment strategy. • Built processes to facilitate the complete separation of three business divisions (P&L, balance sheet, and cash flow); structure brought focus and accountability to each, increasing overall bookings and profitability by three times.• Negotiated all lease terms and space requirements, including75,000 square feet in six facilities. • Led HR compliance, systems, and software implementations, including AAP, Taleo recruiting, and Cornerstone training. • Negotiated annual healthcare and benefits cost, in excess of $5 million.• Managed international business structures, including those in Japan, the Netherlands, Germany, Sweden, and the UK.• Served as liaison for all legal, audit, risk management, valuation, and banking relationships.

Led company-wide budgeting, forecasting, product costing, risk management, and pricing; reported to the Executive Vice President Finance / CFO. Company doubled in size during tenure to $450 million.• Managed accounting and CFP&A through the monthly closing and consolidation processes. • Led the implementation of a multi-dimensional, relational database tool (Hyperion ESSBASE).• For domestic and international operations, redefined product cost and reporting requirements with focus on product line profitability, contribution margin, and material issues driving the business, including pricing, direct costs, foreign currency exposures, direct marketing performance, and G&A expense. • Negotiated annual travel insurance cost and programs.• Managed air costing and routing functions for all products.• Managed the Treasury and Risk Management function. • Interface with external auditors on operational issues.

Led manufacturing finance across eight plants in the US and Canada, reported to Vice President, Manufacturing and Technical Operations. Accountable for company inventory in excess of $25 million.• Established and implemented consistent costing, inventory valuation, and reporting methodologies across all plants by decentralizing reporting and implementing a multi-dimensional software tool allowing for views of information at the product line, process group, and cost component level.• Consolidated monthly manufacturing results, by plant and business entity, for monthly presentation and reporting to officer group. • Provided strategic planning support for the manufacturing organization around resource planning and allocation, plant utilization, and new product and process introduction. • Provided financial justification (IRR/ROI) for all capital expenditures.• Assisted in the analysis and due diligence for the purchase of a subsidiary encompassing the purchase, consolidation of product, and plant utilization across the business. Analysis resulted in $3 million in savings.• Served as primary inventory and cost of sales liaison with external auditors.

Led domestic manufacturing controls and analysis. Direct cost (material, labor, and overhead) exceeded $80 million across four plants. Position reported to Vice President of Manufacturing. • Managed eight professionals, including four plant controllers. Group was responsible for forecasting, planning, budgeting, reporting, and monthly closings in support of manufacturing. Led manpower loading, material cost of sales estimates, inventory obsolescence and related reserves, and capital planning based on volume projections.• Led a cross-functional project team through the implementation of a standard costing and inventory management system. The system was instrumental in developing material accountability procedures that reduced physical inventories from quarterly to annual. PREVIOUS POSITIONS TELESIS SYSTEMS CORPORATION, Chelmsford, MADirector, Operations Finance GEN RAD, INC., Concord, MAManager, Cost and BudgetCOORS CONTAINER, Golden, COCost/Budget Analyst