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John P. Santacroce, CPAWith a multitude of experience, the last fifteen years of which as a senior financial manager, John has an eye for the big picture perspective on accounting and financial management issues, all the while never losing sight of the building blocks that go into developing the “big picture.”John earned his bachelor’s degree in accounting from Rutgers University in 1984. He passed the CPA exam in 1995 and received his Georgia State CPA certification in 2003.John began his career, as most accountants do, in the public sector. He spent three years doing monthly client write-ups, quarterly payroll taxes as well as business and personal income taxes. He then moved into the private sector taking on positions in various industries with increased scope and responsibility. As the years passed John held positions that included Accounting Manager, Controller and Chief Financial Officer. John is currently the Chief Financial Officer for a privately held systems integrator in the greater Atlanta area. There was one common thread in each position John held, they all needed substantial general ledger clean up. Over the years, John became more and more proficient in the clean-up process, standardizing the account reconciliation format and templates. Detailed support and back up documentation was validated to support the account reconciliations and the result was a general ledger with full integrity in all balance sheet accounts. John understood that if you can achieve and maintain the integrity of the general ledger, the financial management of your organization originates from a more stable foundation. This positioning allows one to focus on the operational aspects of the business, cash flow and being effective managing the organization. Knowing your numbers, what’s in the bank and what’s on the general ledger are paramount to effective financial disciplines in any organization.
Gc&E Sysyems Group, Inc.
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Chief Financial OfficerGc&E Sysyems Group, Inc. Jun 2011 - PresentNorcross, GeorgiaResponsibilities: Accountable for finance, administration and human resources functions of a privately held systems integrator with annual revenues of $27 million. Staff supervision of 9, including 3 professionals in both accounting and human resources. Oversee day to day administrative activities, lead monthly closing process through financial statement preparation. Generate annual budget and in year forecasts as needed. Interface with third party accountants to achieve annual financial review, annual 401k Plan audit and all income tax related matters both Federal and multi-state. Primary contact person for all banking, property and casualty and healthcare insurance related matters.Achievements:• Creative healthcare renewal, health questionnaire vs. claims history, resulting in $254k annual cost avoidance.• Competitive P&C renewal process for 2013 produced $32k in annual savings.• Facilitated $1 million increase in line of credit and duration of loan period from 1 to 2 years in 2012.• Negotiated Corporate AMEX account from $50k to $200k to $750k unsecured credit line, 2011 – 2013.• Streamlined staff positions and responsibilities resulting in ongoing annual savings of $60k.• Interfaced with third party tax accountants to deduct all prepaid items for tax purposes saving $23k in 2011.• Spearheaded automation of timekeeping and G/L feed for payroll realizing $6k annual in efficiencies.
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ControllerGc&E Systems Group, Inc. May 2010 - Jun 2011Norcross, GeorgiaResponsibilities: Complete responsibility for all finance, accounting and administration for a privately held cable contractor with annual revenues of $21million. Supervise staff of six, including two professionals. Oversee all functional areas of accounting on a daily basis resulting in generation of monthly financial statement reporting package. Coordinate preparation of annual operating budget. Primary contact with external auditors and bankers regarding compliance, information gathering and report preparation.Achievements:• Ongoing reconciliations of balance sheet accounts on a monthly basis, obtaining favorable adjustments of $11k.• Led property and casualty insurance renewal process resulting in savings of $27k versus current provider.• Initiated move from manual payroll processing to automated system eliminating paper and realizing efficiencies of $7k ongoing annually.• Reconciled workmen’s comp/general liability audit correcting errors and saving $6k to invoiced amounts.• Consolidated all cell phone activity to one provider realizing ongoing annual savings of $4k.• Instituted a five day close process to ensure timely financial statement reporting.• Facilitated all statutory Government filing requirements for Puerto Rico when awarded a contract at Ft. Buchanan.
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Financial ConsultantSkylight Financial Shionogi Pharma Nov 2009 - May 2010Atlanta, GeorgiaSpecific Functions: Compiled all banking relationships supporting weekly and monthly bank compliance reporting. Documented and flowcharted cash and settlement accounts for all banks. Updated and documented wire and ACH procedures to be consistent with Austin accounting – Skylight Financial. Documented and updated all broker and sales agreements to reflect most current terms. Redesigned and streamlined royalty and commission reporting process improving accuracy and timeliness of payments. Enhanced monthly reporting process by linking workbooks containing common information resulting in more efficient update timeframes – Shionogi Pharma.
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Vice President - Business Unit CfoFiserv Jan 2003 - Jun 2009Norcross, GeorgiaResponsibilities: Complete responsibility for finance and accounting for the Southern Region of the Item Processing Division with annual revenues of $94 million, consolidating into a four billion dollar plus financial services organization. Supervised staff of 9, including 5 professionals. Managed all functional areas of the closing process to facilitate generation of monthly financial reporting. Oversaw preparation of monthly forecast and annual budget. Led coordination of all internal and external annual audit preparation. Interfaced with corporate and center personnel regarding financial and operational issues. Achievements:• Constructed cost reduction site closure plan for six underperforming data centers, projected budget savings in 2009 $348k.• Created an additional staff position to analyze monthly revenue by site, thus reducing potential leakage, realized 2008 impact revenue was $982k. • Propelled and led the dynamic financial integration of $20 million in additional business due to regional consolidations in 2006.• Triggered over $400k annual revenue improvement of regional consolidation through due diligence of postage revenue and discovery of improper margin mark up.• Right sized financial staff of regional consolidation achieving $103k in annual savings. • Assisted senior operational management to improve Net Operating Profit efficiencies from 2.1% to 14.8% over a 5 year period.• Facilitated compliance of all quarterly and annual Sarbanes-Oxley reporting. -
Assistant Vice President - Business Unit ControllerFiserv Aug 1998 - Dec 2002Norcross, GeorgiaResponsibilities: Complete responsibility for finance and accounting of the Atlanta and Florida data centers with annual revenues of $65 million, consolidating into a billion dollar plus financial services organization. Supervised staff of 8, including 2 professionals. Oversaw Billing, A/R, A/P, F/A, P/R and G/L for generation of monthly financial reporting. Assisted with and resolved operational issues for data center personnel. Prepared the annual budgets and monthly forecasts.Achievements:• Reconciled all G/Ls, realizing favorable adjustments in Atlanta of $118k and Florida $34k.• Developed comprehensive work papers to facilitate monthly reconciliation process for all G/Ls.• Reconciled and converted fixed assets to FAS 2000, favorable impact of $124k was recognized.• Established more aggressive collection procedures increasing cash flow $65k – $115k per month while in the process reducing A/R day’s outstanding (DSO) 2 – 5 days on average.• Reconciled Corporate to data center insurance reserve charges, resulting in $82k benefit to centers.• Streamlined billing and A/P department procedures, right sized staff realizing $57k in annual savings.• Consolidated all office supply purchases with single vendor realizing savings of 47k in FY2000.• Negotiated and secured lease purchase of equipment between $300k and $5m in value. -
ControllerRelaxers Comfort Footwear, Inc. Dec 1995 - Aug 1998Buford, GeorgiaResponsibilities: Complete responsibility for all accounting and finance functions, including, monthly close and financial statements for a footwear manufacturer with revenues of $14 million. Supervised A/R, A/P, P/R, F/A and G/L with a staff of 4. Oversaw inventory control and all costing functions. Prepared all budgets and forecasts Achievements:• For 2 consecutive years the annual audit resulted in no adjustments to the P&L.• Developed work papers to enable reconciliation and back up for monthly balance sheet accounts.• Established more aggressive collection procedures increasing monthly cash flow $25k to $200k.• Reconciled annual commission statements for sales reps saving the company over $32k.• Coordinated and secured $3 million dollar revolving line of credit.• Triggered the lease purchase of $600k in new machinery.• Streamlined commercial insurance coverage, $11k in savings annually realized.• Consolidated all telephone service with 1 carrier saving the company $7k annually.
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ControllerArbor Companies 1993 - 1995Marietta, Georgia
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ControllerNational Diagnostics, Inc. 1990 - 1993Atlanta, Georgia
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Accounting ManagerFranklin'S Systems, Inc. 1988 - 1990Atlanta, Georgia
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Staff AccountantLawrence, See And Beavers, Certified Public Accountants 1985 - 1988
John Santacroce, Cpa Skills
John Santacroce, Cpa Education Details
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Accounting
Frequently Asked Questions about John Santacroce, Cpa
What company does John Santacroce, Cpa work for?
John Santacroce, Cpa works for Gc&e Sysyems Group, Inc.
What is John Santacroce, Cpa's role at the current company?
John Santacroce, Cpa's current role is It's all about being effective..
What is John Santacroce, Cpa's email address?
John Santacroce, Cpa's email address is js****@****esg.com
What is John Santacroce, Cpa's direct phone number?
John Santacroce, Cpa's direct phone number is +177044*****
What schools did John Santacroce, Cpa attend?
John Santacroce, Cpa attended Rutgers University - Newark.
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John Santacroce, Cpa has interest in Woodworking, Landscaping, Model Railroading, Digital Photography.
What skills is John Santacroce, Cpa known for?
John Santacroce, Cpa has skills like Forecasting, Financial Reporting, Accounting, General Ledger, Auditing, Internal Controls, Budgets, Finance, Gaap, Financial Analysis, Managerial Finance, Accounts Receivable.
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