Stephen Farabelli Email & Phone Number

Cherry Hill, Nj, Us

Mt. Laurel, Nj, Us

Us

Experienced financial management professional with over 8 years of experience as a Controller with an additional 4 years as a Corporate Controller. Strong business leader and trusted advisor to owners, shareholders and executives on accounting and tax matters.Financial/Operational Highlights• Directed the planning, organizing, coordinating and controlling the implementation of stipulated control systems and procedures to optimize costing and profit margins on all projects.• Maintain all facets of the accounting cycle – financial statements, general ledger, bank reconciliations, and keeping an accurate audit trail.• Streamlined the accounting system which improved processes by 34% through new software implementation and elimination of repetitive processes. Developed and implemented improved hiring practices and contribute to retirement and medical plan implementation.

Directed and motivated accounting/payroll and human resources and office administration departments. Prepare budgets for managers of all departments monitor budget to actual. Manage and perform accurate monthly, quarterly and annual accounting, reporting and tax compliance. Lead in managing bank relationships as well procurement of credit line. Recommend and oversee improved hiring practices and contribute to retirement and medical plan implementation.

Controller for this Heavy Highway Construction company.Directed and supervised the administration and accounting departments including payroll and union dues allotment. Responsible for the accuracy and timely processing of A/R, A/P and payroll departments. Monitored and helped eliminate waste in labor hours on multiple projects at the same time. Coordinated man-hour and benefits with local unions to better serve the members and the company. Recommended and oversaw improved hiring practices and contributed to retirement and medical plan research and implementation.Financial/Operational Highlights:• Generated 200% increase in profits over 2 years through implementation of costing and purchasing controls.• Optimized expenditures by negotiating asset purchase of company dump trucks from a local dealer in place of renting or leasing vehicles per project.• Improved efficiency and performance through the hiring of well-qualified, quality employees.

Mechanical Engineering

Master'S Business Administration, Emphasis In Accounting And Finance