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I'm a change-agent. A financial executive with broad experience in all aspects of accounting, ERP systems and financial management. Direct experience with creating or developing the Finance and I.T. infrastructure. Interested in early-stage startups, established companies looking to go to the next level or divisions of Fortune 500 companies.Specialties: SEC Reporting; Strategic Planning; Staffing & Training; Budgeting/Forecasting; Financial Systems; Financial Modeling; Reporting; Cost Accounting; Management Style - Hands-on; Risk-Management; Manage External Auditors; M&A; Stock-Based Compensation; Tax-(income, franchise, sales, property, etc.) filing and remittance; Raising Capital.Professional Certifications - CPA/CITP CMA/CFM; Education - BS-Accounting/ MS-Computer Science;
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RetiredN/A Dec 2023 - PresentSan Francisco, California, Us -
CfoQ-Tran, Inc Oct 2016 - Nov 2023Milford, Ct, Us -
CfoNew England Orthotic And Prosthetic Systems, Llc Jun 2012 - Jul 2016Branford,, Ct, UsEngaged by the CEO and PE Firm to design and develop an infrastructure to support an aggressive growth plan. Achievements as follows:• Processes and Procedures – Analyzed and re-engineered to improve efficiency within the existing environment. For example, reduced the Financial Close Process from 45 to 3 days;• Reporting – Designed and produced a monthly reporting package to meet the needs of all stakeholders;• Acquisition Accounting – Worked with all parties to settle on a final working capital adjustment for purposes of producing a closing/opening balance sheet at acquisition date;• Profitability - Identified opportunities for improvement as well as key personnel and org chart modifications to address them in the new environment;• Training – Introduced detailed process documentation; • Systems – Performed due-diligence on several industry-specific applications (front and back-office), selected the software of choice and received board approval for implementation;• Implementation – 6 months from system selection to full implementation including conversion of 18 months of GL transactions and all financial reports designed & automated while maintaining and reporting from the legacy system. -
Controller-Fixed Wing ProgramsSikorsky Support Services, Inc. Feb 2011 - Jun 2012Analyzed all aspects of a government-owned flight field service business with 3 locations. Subsequent to identifying key business drivers, designed, developed and implemented a reporting application along with related processes to accumulate data and report program performance. Prepared a budget based on contract specifications. Designed an internal management “actual” P&L to augment the formal EAC accounting method. Designed and prepared a monthly performance reporting package including commentary.
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CfoNext 1 Interactive, Inc. Jun 2009 - Aug 2010Responsible for creating and developing all financial disciplines required by a publicly-traded media start-up. The first order of business upon my arrival was to successfully address an SEC comment letter regarding the Company's previously filed Form 10-K.
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Vp/Corporate ControllerMemry Corporation Apr 1998 - Jun 2009Bethel, Connecticut, UsTotal authority over Finance Department operations including treasury, general accounting, financial reporting, cost accounting, budget development / administration, forecasting, financial analysis, risk management, tax filing, and external audits. · Implemented provisions of FAS 123(R) “Share-Based Payments” including the related provisions of SAB 107 and FAS 109 · Hired, developed and manage the Finance Department staff· Researched, selected, and implemented a fully-integrated manufacturing and accounting ERP system (MFG/Pro by QAD), including platform choice, training, data conversion and programming· Led the process of the IT infrastructure selection and installation at three domestic locations· Designed and programmed all financial reports (internal and external) as well as budget and forecast models · Directed the Sarbanes-Oxley section 404 “Internal Control” compliance initiative -
Controller/Director MisHarco Oct 1995 - Apr 1998Branford, Connecticut, UsLed activities in general accounting, financial reporting, cost accounting, pricing, budgeting, analysis, network administration, and ISO 9000 Certification. Reviewed and authorized capital spending requests. Member of the Executive Committee.· Implemented LAN infrastructure and a Macola ERP manufacturing system. Developed reports and trained users.· Instituted structure, format and accountability at staff meetings, saving time and resolving higher-priority issues· Ensured accurate and timely reporting through the re-engineering of all finance and non-finance related functions· Systematically reviewed and updated manufacturing documents to properly reflect the manufacturing process and cost· Authored, issued, and enforced corporate and financial SOPs· Converted payroll processing to ADP PC payroll to accommodate the new reporting structure· Reduced receivables 50%/Late shipments 60% -
Corporate ControllerAtlas Editions Oct 1993 - Oct 1995Full responsibility for monthly variance reporting for 30+ product lines in 3 separate reporting entities; directing the overall operations of the Finance Department; ensuring effective cash management including foreign currency transactions; coordinating and leading all external audits.· Led the implementation of a fully-integrated accounting ERP system (Platinum), including end-user training, manual and automated data conversion, and report definition· Orchestrated the development of all reporting to accommodate the company’s organizational and product line structure· Structured the consolidation of Canadian finance operations to the domestic location, reducing finance staff by 25%· Consulted on the systems conversion initiative upon the acquisition of Collier Encyclopedia· Reduced month-end closing time by 50% while increasing the number of product lines by 300%· Reduced state tax audit assessment 50%
Rich Sokolowski Skills
Rich Sokolowski Education Details
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University Of New HavenComputer Science -
Central Connecticut State UniversityAccounting
Frequently Asked Questions about Rich Sokolowski
What company does Rich Sokolowski work for?
Rich Sokolowski works for N/a
What is Rich Sokolowski's role at the current company?
Rich Sokolowski's current role is Retired.
What is Rich Sokolowski's email address?
Rich Sokolowski's email address is ms****@****ail.com
What is Rich Sokolowski's direct phone number?
Rich Sokolowski's direct phone number is +120392*****
What schools did Rich Sokolowski attend?
Rich Sokolowski attended University Of New Haven, Central Connecticut State University.
What are some of Rich Sokolowski's interests?
Rich Sokolowski has interest in Collecting Antiques, Exercise, Home Improvement, Entrepreneurial, Shooting, Reading, Gourmet Cooking, Sports, The Arts, Food.
What skills is Rich Sokolowski known for?
Rich Sokolowski has skills like Forecasting, Managerial Finance, Accounting, Financial Reporting, Cost Accounting, Mergers And Acquisitions, Auditing, Strategic Planning, Management, Variance Analysis, Start Ups, Erp.
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