Michael Mayo Email & Phone Number

Philadelphia, Pennsylvania, United States

Oversees all aspects of financial accounting, reporting, planning, treasury, and tax compliance.

United States

Oversees a thirty-person operations team and a four-person finance team. Manages distribution operations and financial planning, reporting and analysis for a $150M business unit.• Managed mergers and acquisitions activity from initial review through integration during a period that the business unit tripled in size.• Developed automated order processes to improve efficiency and reduce per order costs. • Built high-quality business planning tools and accurate financial reporting to drive bottom-line results.• Implemented improved systems to control business activities and operating costs.

Managed the accounting operations and financial reporting of a division with $150 million of revenues operating from fifteen district offices across the United States.Developed the annual business plan and budgets for five regions, fifteen district offices, and ten service departments in the business group.Managed financial reporting for all of the departments and district offices within the division as well as consolidated reporting. Extensive weekly and monthly budget analysis and forecasting tools were provided using a system report writer. Implemented a travel booking and reporting system and numerous other cost control systems.Completed operational reviews of sales department and accounting department functions and implemented a new sales commission and bonus system as one of many improvements. Actively participated in setup and implementation of a new ERP system for the company.Selected and implemented an activity based management system.Completed business valuations, drafted letters of intent, and integrated acquired companies.Managed leasing operations of fifteen commercial properties.Managed weekly commission and bonus payments for a sales force of 500 independent sales reps.

of Internal AuditingDirected the auditing function of a publicly traded company with operations in seven states and over $100 million of revenues.Developed the annual audit plan based on a company risk assessment.Initiated a review of audit fees that led to better coordination with the Company's public accounting firm and reductions of audit fees. Presented audit plans and results to the Audit Committee and Senior Management.Reviewed and provided comments on Securities and Exchange Commission Filings.Prepared form 5500 filings for all of the Company's benefit plans.Provided consulting services and completed several special projects which included: leading a bench marking study of the finance area; designing new accounting procedures for an engineering subsidiary; reviewing year 2000 compliance procedures; and managing a project to upgrade personal computers and software in the corporate office to a common standard

Planned and managed audit assignments for a food retailer with operations in five states and sales of $2.0 billion.Led team reviews of store operations and inventory control procedures.Planned and conducted operational audits of key business activities. One audit of purchasing deals and allowances resulted in recoveries from vendors of $1.5 million.Assisted the Company's public accounting firm with the year-end audit.

Held positions of increasing responsibility in the audit department of a publicly traded bank holding company.; Managed a staff of six auditors including scheduling, work paper review, and review and revision of all audit reports.