Phil Spinelli Email & Phone Number

Willoughby, Oh, Us

Lake County, Ohio

Manage and directed all of the accounting functions of a Public Library and a Veterinary Center. Both positions are part time positions.

Managed and directed all of the accounting and legal functions of a property management corporation with approximately 18 LLCs, over 60 buildings and almost 900 apartments. Coordinate all CFO activities with management, field operations, bankruptcy receiver, attorneys and banks.

I have over seven years experience as a Real Estate professional with RE/MAX Results and Century 21 HomeStar.• Represent both buyers and sellers in commercial and residential Real Estate.• Concentrated my business in working with REO (bank owned) properties.• Represent a number of clients that buy investment Real Estate, largely REO properties.• Participated in numerous transactions both as a listing agent and a buying agent.

An international machine builder of tool and cutter grinders.As an entrepreneur I ran a successful machine building business for three and one half years. The company showed a profit in each of these years despite a significant recession in the machine tool industry.• The company successfully built and sold its first CNC tool and cutter grinder.• Numerous changes were made to the machines to improve the manufacturing and assembly process as well as reduce overall cost.• A web site was established that secured business from around the world.• Manufacturers Reps were recruited and hired throughout the United States.

An international consulting company focusing on turnaround and crisis management.As president and owner I have participated in several crisis management assignments. An 18 months assignment with Yazoo Power Equipment in Jackson, Mississippi and Kees Power Equipment in Beatrice, Nebraska.• During this assignment I was the interim Chief Financial Officer.• I conducted several due diligence reviews of power equipment companies for additions to the Yazoo lines.• Responsible for the manufacturing operation of Yazoo Power Equipment and Kees

A $35MM international manufacturer and distributor of hand-held automotive test equipment.Directed the company’s financial, accounting and information processing functions in the US, Hong Kong, Taiwan and the Peoples Republic of China. Managed the financial and accounting operations and consolidations. • Instrumental in obtaining the majority interest in affiliated companies in Hong Kong and the Peoples Republic of China insuring gross profit of $6MM.• Established a branch office of the Hong Kong company in Taipei, Taiwan.• Restructured the legal, banking and auditing functions of all Actron’s Asian businesses.• A key member of the management team that was responsible for the profitability results of the company.

An international manufacturer of soldering and brazing paste and machinery.Managed the financial, general and cost accounting functions of an eight-plant worldwide manufacturer and distributor. Coordinated accounting operations and consolidations. Directed all cash management and banking activities. Responsible for all data processing operations.• Prepared and delivered first time financial presentation to the Board of Directors. Became a principal participant in all board meetings. Member of Senior Advisory Group.• Conducted due diligence and was a principal in two acquisitions increasing size of company by 30%. • Restructured debt by negotiating and securing a fixed term loan and a line of credit in excess of $6MM.

A multi-plant manufacturer of titanium and high temperature super alloy metals.Full charge of all financial, accounting and administrative functions of a three-plant organization. Directed preparation of all financial statements, studies, and analyses. Managed all M.I.S. activities.• Developed a broad series of financial reports for senior managers.• Maintained dialog with banks, customers and vendors to forego bankruptcy proceedings.• Participated in the profitable sale of the company resulting in a substantial profit for the shareholders.

A Fortune 500 company with sales in excess of $1 billion.• Pioneered decentralization of Cost Accounting Department by establishing accounting departments in 12 manufacturing or distribution facilities nationwide. Completed two year project within time constraints and 20% below annual budget of $1.6MM.• Formed an experienced professional staff of 18 degreed accountants.• First department manager to develop and submit department’s operating budget on a personal computer.

A multi-plant light metals manufacturer of house wares.• Organized and conducted cost and expense reduction programs resulting in annual savings of $350,000.• Developed product costing and product profit and loss reports resulting in reviews of pricing practices and greater profits.• Participated in Human Resources and purchasing functions on an as-needed basis.