RONALD
J. NIERZWICKI, CPA
824 Fairhope, Glenview, Illinois 60025
312-925-5759 (cellular/voice mail)
SUMMARY:
CPA with over 17 years of diverse experience in both financial and operational capacities. Experience includes financial planning and analysis; process re-engineering: internal and external financial reporting; internal controls/auditing systems in manufacturing and distribution organizations. Non-financial operational responsibilities include management of administration, purchasing, logistics, quality control and sales.
EXPERIENCE:
A.B. Dick Company, Niles,
Illinois
A $200MM manufacturer and distributor of printing equipment and supplies.
Vice President and Controller (Jan 98 - Dec
98)
Responsible for all finance functions for both U.S. and International
operations. Directed a staff of fifty.
Directed the elimination of $8MM of operating expenses on an annual basis.
Simplified organizational structure from over 100 departments to fewer than 20 resulting in a more manageable operating structure.
Took company public through issuance of $U5MM of bonds and instituted all SEC reporting.
Managed the financial portion of a complete system conversion.
Recommended the consolidation of A.B.Dick's main manufacturing facilities, resulting in $2.5 million in annual savings.
Interplex Company, Lake Villa, Illinois
(Jul 95 - Jan 98)
An industrial distributor specializing in inventory systems contracts for
manufacturers.
Vice President, Chief Financial Officer
Responsible for operating activities including accounting and
administration, purchasing, logistics, quality control and sales.
Created a financial department which provided management with necessary financial data and developed (he company's first strategic operating plan.
Negotiated a $1MM bank loan which provided necessary operating capital.
Developed $2MM of new business in one year resulting in $500,000 of additional gross profit.
Streamlined processes companywide resulting in the elimination of $50,000 in operating costs.
Developed a vendor performance program resulting in $ 100,000 of inventory cost reductions and a 25% reduction in quality problems
Illinois Tool Works, Inc. (ITW),
Glenview, Illinois (Aug 88 - Jul 95)
A Fortune 200 Company which develops and manufactures a wide variety of
engineered components, industrial systems and consumables.
Signode Service Business Division Controller
- Arlington Heights, Illinois (Oct 93 - Jul 95)
Responsible for all accounting, financial planning and accounting systems
functions for this multi-location $60MM division. Directed and developed a
staff of 7.
Designed and implemented inventory management systems, resulting in a 40% ($2MM) reduction in inventory levels over a one year period.
Revised the intercompany billing process, eliminating 4,000 invoices on a monthly basis.
Participated on a multi-functional team which created a partnership with major vendors, resulting in a 40% reduction in purchase orders, and A/P invoices processed; and produced an annual inventory cost savings of $1MM.
Negotiated consignment inventory agreements with major suppliers resulting in a $700,000 improvement in cash flow.
Manager, Corporate Financial Reporting and
Analysis (Aug 88 - Oct 93)
Responsible for all internal and external reporting; consolidation and analyst
of financial statements for 250 domestic/international operations; acquisition
analysis for over 50 companies acquired; companywide strategic and operating
planning; complex accounting issues including taxes, LIFO and acquisitions.
Supervised and developed a staff of 11. Reported directly to the CFO.
Led task force on quality and simplification of business processes for all corporate finance departments, resulting in companywide savings of 5 person years.
Supervised the installation of a PC based financial reporting system.
Designed a companywide analysis package, presenting these results quarterly to the Chief Executive Officer/Chairman of the Board.
Developed Lotus based financial models for acquisition analyses and purchase accounting.
Staley Continental, Inc., Rolling Meadows,
Illinois (Jan 87 - Aug 88)
A Fortune 150 Company which manufactured and distributed products for the food
service industry.
Senior Financial Analyst (Dec 87 - Aug 88)
Responsible for preparation and analysis of companywide annual budget,
quarterly forecasts and capital requests.
Analyzed rail car lease/buy decisions with a Lotus developed model, resulting in a policy change and a $500,000 annual cost savings.
Supervisor, Financial Reporting (Jan 87 -
Dec 87)
Responsible for preparation of consolidated financial statements and analysis
of operating results, preparation of annual report and all SEC reports.
Developed a PC based division reporting package which improved the efficiencies in obtaining consolidated results.
Stepan Company, Northfield, Illinois (Jan
84 - Jan 87)
A $250MM manufacturer of various chemical products
Financial Analyst (Sep 85 - Jan 87)
Corporate Staff Accountant (Jan 84 - Sep 85)
Arthur Andersen and Co., Chicago, Illinois (Jul 81 - Jan 84)
Senior Staff Auditor
COMPUTER SKILLS:
Lotus * Excel * Word * Windows 95/97 * IMRS Micro Control * McCormack & Dodge * Small Business Technology * Ranco Systems
AFFILIATIONS:
Certified Public Accountant -1981 * American Institute of Certified Public Accountants * Illinois Institute of Certified Public Accountants
EDUCATION:
University of Notre Dame
Bachelor of Business Administration in Accountancy, May 1981