Michael Stanco Email & Phone Number

Marengo, Oh, Us

Herndon, Va, Us

Herndon, Va, Us

• Directs a team that is responsible for the finance and accounting of all Projects, Service Agreements and Managed Services Contracts which includes supporting operations, internal controls and external compliance• Managed various engagements to ensure ASC 606 compliance and applicable ERP enhancements• Automated operational and financial processes to accelerate cash flow and convert revenue recognition from completed contract to percentage of completion• Responsible for cleansing, updating and implementing new processes around master data that drove automation between multiple systems and efficiencies in the order to cash process

Herndon, Va, Us

Plano, Texas, Us

★ A career of success and achievement, marked by promotions to positions of increased influence, authority, and accountability. Various roles held include: AP/AR (internship), Sr. Accountant, Accounting Manager, Controller, Finance Manager and Regional Finance Manager. ★ Directs finance and accounting for four legal entities generating $300M in annual revenue, managing five direct reports and a 30-person finance and accounting organization; led the organization through growth, from an initial team of two, overseeing all training.★ Responsible for percentage-of-completion, time and event-based revenue recognition, general ledger responsibilities, month end close, reporting of operational and corporate finance activities, SOX compliance, commission structures, variance analysis, and budgeting.★ Oversees the financial aspects of 7,000 projects and 50,000 service tickets annually, including revenue recognition, budgets, forecasts, cost containment, and other key areas.★ Coordinates internal and external audits, with a record of no audit findings or recommendations since inception in 2005.★ Develops Business Intelligence tools and resources that provide insight for executive leadership on corporate financial health and individual project performance; introduced standardized reporting formats that improved consistency and reliability.★ Created and administers commission structures in various models, including revenue-based, GP-based, and volume-based.☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲ABOUT BLACK BOX NETWORK SERVICESBlack Box Network Services is a leading IT solutions provider dedicated to helping customers build, manage, optimize and secure their IT infrastructure.