Mike D'Angelo Email & Phone Number

Honey Brook, Pennsylvania, Us

Cincinnati, Oh, Us

Position ends August 9, 2024Managed the Accounting, Accounts Payable, and Tax departments of 3 separate divisions with a total revenue of $850M and 14 staff members. Reported directly to the Chief Financial Officer.Highlights include:• Restructuring the Accounting department to improve overall workflow and results while eliminating one senior position and reducing the month-end close process by one day, • To ensure all accounting standards were being followed, created methodologies resulting in all yearly internal and external audits passing • Various savings discovered including: $280K in duplicate checks issued to vendors, $100K in lost revenue checks, $200K+ in lost rebates, and $375K in outstanding customer due balances.Division of EMCOR. Management company for commercial office and manufacturing space.

Cary, Nc, Us

Loparex had recently acquired Infiana. I was working as the Finance Director leading the finance transition. Closed out all local accounting books for Loparex and transferred to Infiana corporate offices, resultingin 100% satisfaction from the CFO and a letter of recommendation.Manufacturer and supplier of plastic film for medical and building and construction.

Philadelphia, Pennsylvania, Us

Managed revenues of $225M. Directed multiple functions and departments, including: Accounting, Accounts Payable / Receivable, Payroll and Human Resources (12 total staffers). Reported directly to President / Owner. Provide strategic planning guidance to executive leadership. Highlights include: • Led expansion of new manufacturing facility in Arizona to grow capacity in southwest region, including financial forecasting, and operations planning• Increased line of credit with primary banking lender from $10M up to $17M• Negotiated a 7% reduction in annual medical insurance administration fee with Independence Blue Cross Blue Shield for 2019/20 for approximately 1,000 employees across the US• Recoved $72K in overpaid business taxes from City of Philadelphia.• Negotiated with Nebraska Secretary of State to reinstate business license and saved over $75K in penalty fees• Acted as Trustee of employee 401(k) plan• Prepared annual Board of Directors presentations, including: forecsts, risks and growth opportunities• Approved monthly financial reports for seven operations centers and drafted Executive SummaryManufacturer and supplier of sheet metal pipe, duct, and fittings for residential heating and air conditioning systems.

Harvey, Il, Us

Led Finance Department for East Coast operations (13 total staffers) with combined revenues of $290M. Managed $5M annual capital budget, $15M product inventory, and $53M in fixed assets. Evaluated and approved production plan, including raw materials procurement, labor forecast, and equipment maintenance.Controller: 4/1994 - 5/2016Accounting Manager: 5/1992 -4/1994Accounting Supervisor: 12/1989 - 5/1992Cost Accountant: 2/1987 - 12/1989Highlights include:• Through key reductions and process improvements in repairs & maintenance, labor and utilities, reduced variable cost 5.5% and fixed cost by 4.1% YOY• Added 3 business units to financial group and reduced the company’s headcount by 5 • Improved working capital 28% by focusing on driving down wip by setting up controls in raw materials and monitoring and reviewing finished good levels• Coordinated with due diligence team in the sale of a business unit by providing values for all company property, recording all transactions and final book closure• Transitioned 4 profit center locations to cost centers and reduced the company’s overall headcount by 15%. Trained 2 new plant controllers• Served as financial lead for union contract negotiations that saved the company $675k annually in employee related fringe benefit cost• Successfully managed every audit for all 3 companies with no adjustments required • Decreased customer allowances at T.J. Cope business by over 85%, equating to $816K in savings.• Achieved full SOX compliance for all 3 locations, the first office within the national company to do so.• Reduced the overall closing cycle from 4 weeks to less than 2 weeks at all the locations• Designed and implemented the Scorecard reporting concept at each of the locations to assist with monthly and weekly financial analysis and trendingManufacturer and supplier of piping for electrical, fencing, and mechanical products and fire safety systems.

Master Of Business Administration (Mba), Business Administration And Management, General

Bachelor Of Arts (B.A.), Accounting