Make your own free website on Tripod.com

Michael B. Albert, CPA

Expertise
 

HIGHLY EXPERIENCED EXECUTIVE FINANCE/OPERATIONS

Management Consulting · Auditing · Financial Analysis · Financial Reporting · Strategic Planning · Cash Flow Management

Seasoned financial professional with over 20 years of experience in the analysis and optimization of corporate systems.

Professional experience
 

Chief Financial Officer/Vice President of Finance Carl Fischer, Inc. New York, NY 11/92-Present

Report directly to President and Board of Directors on all financial matters. Played pivotal role in creating, implementing, and monitoring strategic plan for Carl Fischer (and its subsidiaries), a 125 year-old music publisher, jobber and retailer with over $20 million in annual revenues.

  • Completely revitalized corporation through total operational overhaul. Eliminated $300,000 loss entirely, resulting in operating profits ranging from $500,000 to $600,000.
  • Key player in corporate merger and acquisition activities that culminated in the reverse merger of the company in an international transaction.
  • Hired, trained and managed 8 accounting staff-members.
  • Planned and executed profitable divestiture that saves $300,000 annually.
  • Introduced proactive management techniques to strengthen focus on cost avoidance and containment.

    • Controller Controller CMS Products, Inc. New York, NY 05/90 - 09/92

    Reported directly to CEO on all financial issues effecting this jewelry manufacturer (and related corporations) with $15 million in annual sales. Designed and implemented systems which revolutionized the accounting department, making it dynamic and profitable.

  • Implemented cost-accounting systems to analyze manufacturing costs for entire product line.

    • MICHAEL B. ALBERT, CPA - Page Two

  • Communicated and negotiated directly with bank officials regarding cash flow management processes, financing and treasury activities.

    • Supervising Senior Shelowitz, Sandler and Rosengarten New York, NY 1989-1990

  • Performed diverse auditing and financial review services.
  • Created short and long-range forecasts of operations and cash flow.
  • Developed guidelines for a comprehensive program utilizing financial controls and accountability to reverse losses.
  • Designed and implemented entire accounting/reporting systems.
  • Prepared extensive audit reports and consolidated financial statements.

    • other relevant experience
     

    Supervising Senior Hoff & Metkiff/Alevy & Cantor 1986 - 1989 New York, NY New York, NY

    Supervising Senior Leslie Sufrin & Co. 1982 - 1986 New York, NY

    Senior Staff Account J. Aron & Co. 1978 - 1982 New York, NY

    Education
     

    MBA , Business Administration · Baruch College · New York, NY · 2000

    BBA, Accounting · Baruch College · New York, NY · 1974

    affiliations
     

    New York State Society of Certified Public Accountants

    American Institute of Certified Public Accountants

    References Available Upon Request