Thomas Yacono Email & Phone Number

San Jose, Ca, Us

Morgan Hill, California, Us

Coordinated IRS Audit preparation; processed year-end analysis and adjustments; completed balance sheet account reconciliations and analysis increasing financial visibility and validating prior period data

Post international acquisition ($30MM) focused on process improvements transforming financial reporting and inventory management to allow for improved decision making

Mountain View, Ca, Us

Previous contract engagement February 2012 through February 2013$300MM organization, brought six (6) months of major account reconciliations up to date increasing financial transparencyReduced the quarter close cycle from 16 days to 11 days and instituted changes to improve Accounts Payable close from 10 to 5 days improving financial performanceEstablished closing schedule adding internal controls and monitoring proceduresInstituted procedures for improved chemical transfer tracking allowing management to identify transfer movementsExpanded sales analysis reporting capabilities through FRX reporting system improving management visibility into usage and movement that did not previously exist, allowed data to be updated in minutes not hours.

San Jose, Ca, Us

Accountable for providing management and financial oversight for the Drexel Foundation and the nine Drexel schoolsLed the project to rebuild the Accounting and Financial Reporting for the Drexel FoundationParticipated and guided Drexel schools through their audit reviews. Led Principals and Business Managers through the process to understand proper procedures associated with the audits and to address any outstanding issuesCollaborated with Drexel Principals and Finance Committees to prepare and review annual budgets. Provided recommendations to build or improve their 5-year plansEstablished policies and procedures, created submission forms and tracking system for Drexel Scholarship AssistanceSupervised all accounting and financial work performed by the external CPA firm

Chicago, Il, Us

Reconstructed NetSuite chart of accounts; revised and established new NetSuite reports giving management improved visibility, improving decision making

• $24 MM organization, lead company-wide financials in the US and UK subsidiary in the areas of general ledger, fixed assets, reconciliations, accounts payable, accounts receivable, collections, tax filings, audit prep and audit management, banking relationships and system administrator (NetSuite).• Significantly improved collection procedures and reduced outstanding receivables by $1.6MM, a 36% drop in outstanding receivables adding transparency and increasing cash flow which allowed for strategic expenditures• Lead preparation of all financial statements, establish financial policies and procedures, establish and enforce internal controls. Managed filings for Sales/Use, Property, UCC and Medical Device Taxes.• Oversight of external audit investigating inquires, ensuring all necessary audit adjustments are reflected in internal reporting schedules. Audit included areas such as US GAAP, UK Statutory, UK VAT, Sales/Use Tax and Bank Collateral.

Cupertino, Ca, Us

•Oversight of $10MM company-wide financial reporting. Led financial planning, debt financing and budget management functions Estabilished internal controls, ensured company accounting procedures conformed to GAAP.•Institued business process improvements by restructuring Great Plains GL, reporting structure and renovating chart of accounts allowing for increased transparency into division profitability and improved decision making.•Led all Human Resources activities including performance management, recruitment benefits planning and tracking, •Coordinated Payment Card Industry (PCI) Compliance Registration and Acceptance.•Enhanced performance through restructuring of chart of accounts, balance sheet and income statements, reduced Days Sales Outstanding from 64.2 to 31.4, condensed two (2) week close down to five (5) business days

Mba, Finance

Bba, Accounting