Michael Strom Email & Phone Number

Apex, Nc, Us

Raleigh, Nc, Us

- Effectively managed all facets of cash, including approval of vendor payments, monitoring Line of Credit availability, and ensuring compliance with bank covenants. Initiated efficient processes surrounding billing and benefit reconciliations, contributing to improved overall margins and increased profitability by $500,000 over a 2-year period.- Developed annual budgets and crafted quarterly forecasting models, providing critical insights for executive decision-making and contributing to the formulation of strategic financial plans.- Supervised the preparation of accurate monthly and quarterly financial statements for the executive team and board of directors, ensuring meticulous posting of transactions in the General Ledger and completion of comprehensive Balance Sheet reconciliations.- Successfully managed a diverse Accounting and Operations team, overseeing a team composition that included 1 Senior Accountant, 2 Payroll Specialists, and 1 Client Service Director.

- Led successful accounting software implementations, such as migrating from Zoho to Intacct, showcasing adaptability and expertise in enhancing financial systems to increase efficiency and accuracy.- Spearheaded the development and execution of comprehensive financial strategies, including budgeting, forecasting, and financial modeling, contributing to the organization's long-term success and growth.- Managed all aspects of financial risk, ensuring compliance with industry regulations, internal policies, and external audit requirements, resulting in consistently successful audits and compliance records.- Directed and motivated a high-performing financial team, including overseeing accountants and specialists, ensuring seamless collaboration and achievement of departmental goals.

- Spearheaded financial strategies as a Controller, demonstrating expertise in managing and optimizing accounting and finance functions for organizational success.- Led a high-performing team of professionals, providing direction to achieve accounting and financial objectives. Managed hiring, training, and performance evaluations for optimal team efficiency.- Directed the development of annual budgets and quarterly forecasting models, aligning financial plans with organizational goals and contributing to strategic decision-making.- Initiated and implemented efficient processes, including billing and benefit reconciliations, enhancing overall financial operations and contributing to increased profitability.

- Managed the budgeting process, collaborating with department heads to develop realistic financial forecasts and monitoring expenditures to align with financial goals.- Oversaw the preparation and analysis of monthly financial statements, ensuring accuracy and compliance with accounting standards.- Collaborated with cross-functional teams, fostering effective communication between finance and other departments to achieve common business objectives.- Instituted training programs for staff to enhance their technical skills, contributing to a more proficient and adaptable accounting team.

Montvale, Nj, Us

- Spearheaded the development and oversight of comprehensive annual budgets, aligning financial goals with organizational objectives and ensuring optimal resource allocation.- Utilized advanced forecasting models to provide accurate financial projections, aiding executive decision-making and enhancing the organization's ability to adapt to changing market conditions.- Managed and mentored a high-performing accounting team, fostering a collaborative and results-driven environment. Oversaw the professional development of team members, resulting in improved efficiency and accuracy.- Directed the timely preparation and presentation of financial statements, demonstrating precision in financial reporting to facilitate informed decision-making by senior leadership.

Montvale, Nj, Us

- Successfully supervised and guided a team of accounting professionals, ensuring optimal performance and adherence to established accounting principles and procedures.- Oversaw the preparation of accurate and timely financial statements, demonstrating proficiency in consolidating financial data and presenting key insights to management.- Fostered a collaborative work environment by providing training and mentorship to team members, contributing to their professional growth and the overall success of the team.- Ensured compliance with regulatory requirements and accounting standards, staying updated on changes and implementing necessary adjustments to maintain compliance.

Montvale, Nj, Us

- Ensured compliance with regulatory requirements and internal policies, providing accurate and timely financial information to support decision-making at various organizational levels.- Successfully compiled schedules and documentation for external audits, ensuring a smooth process for both annual financial audits and 401K audits.- Played a key role in the development and monitoring of annual budgets, as well as creating forecasting models for effective financial planning and decision-making.- Proficiently prepared accurate and timely monthly financial statements, ensuring adherence to accounting principles and regulatory requirements.

Montvale, Nj, Us

- Managed accounts payable and receivable processes, processing invoices and payments promptly to maintain positive vendor relationships and ensure timely collections.- Proficient in precise data entry, ensuring accurate recording and classification of financial transactions in accordance with established accounting principles.- Collaborated with cross-functional teams to gather necessary financial information, fostering effective communication and contributing to a cohesive work environment.- Assisted in preparing documentation and schedules for external audits, ensuring compliance with auditing standards and facilitating a smooth audit process.

London, Gb

- Maintained organized and accurate records, ensuring efficient documentation of project details and facilitating easy retrieval of information for future reference.- Demonstrated a proactive approach to learning and adapting to new tasks and responsibilities, showcasing a strong commitment to personal and professional development.- Participated in training sessions, workshops, and other professional development opportunities to enhance skills and contribute effectively to the team's success.- Assisted in various projects by conducting research, data analysis, and preparing reports, contributing to the successful completion of team objectives.

Bachelor Of Science, Accounting

Education record