October 11, 2012 Garlock Sealing Technologies Attn.

: Melanie Harloff, CPP 1666 Division Street Palmyra, NY 14522 (315) 597-4811 Matthew Nelson, MBA 436 Gleason Circle East Rochester NY 14445 (585) 662-8556 RE: Senior Operations Cost Accountant Dear Ms. Harloff: I have a proven history of success maintaining operational cost controls and prioritization of work in an accounting department. My responsibilities have included the development of the coordinated work processes among various accounting functional areas. As you will conclude after reading my rsum, I trust I will be found worthy of initial and, ideally, subsequent conversations with those involved in this search, during which I will focus on my strengths in cost accounting, budget preparation and analysis, and US GAAP accrual accounting. At Reunel Manufacturing, a steel fabrication company, I had the responsibility to maintain cost accounting systems that both reflected the economic reality of production and integrated with accounting systems. Typically employing a standard cost model or modified activity-based cost model, I analyzed cost pools and drivers to determine the most accurate overhead allocation rates, allowing minimal year-end adjusting and factual interim reporting. Combining financial and managerial accounting, I also maintained inventory ledgers and physically audited inventories in a perpetual inventory system and prepared financial statements and disclosures. As noted on my rsum, I designed the controls and schedules for period closings and was responsible for the master production budget. Although I have not worked for a subsidiary company, I have a thorough understanding of the consolidation process, transfer pricing, and profit in inventory elimination. My forecasting skills are exceptional and highly refined after graduate studies. Using both parametric and nonparametric statistical techniques and Monte Carlo analyses, my analytical skills in cost variance and value-at-risk are unparalleled. The combination of quantitative

financial analysis with rigorous, and current, US GAAP & IFRS training provides me with strategic and technical abilities to lead an efficient accounting department and successful enterprise. Reinforced by my advanced degree in accounting and forthcoming CMA designationexpected next Springit is this skill and intelligence I bring to the senior operations cost accountant position. I trust that the salary range for this position meets my income expectations. I am available to start immediately. Please contact me to schedule an initial telephone interview. Thank you for you consideration. Matthew Nelson East Rochester, NY

Matthew Thomas Nelson, MBA

(585) 662-8556 matthew@matthewnelson.ca

Senior Operations Cost Accountant Qualifications

Ten years progressively responsible financial management and supervisory roles, with expertise in accounting and controls including: Closing schedules, capital budgeting, cost variance, pro-forma financial statements, cash flow management, capitalization structure, and allocation policies. Expert MIS and spreadsheet modeling experience and achievements. History of professional achievements complemented by Masters in Business Administration with concentrations in accounting and finance. Professional competencies, credentials and continuing education evidenced via AICPA & IMA memberships, candidacy for CPA Examination, and pursuit of the CMA designation, expected in Spring of 2013. Technical talents associated with: General ledger, zero-base budgeting, cost accounting, defense contract audit (DCAA) compliance, US GAAP financial reporting and disclosures, interstate payroll, corporate governance and compliance, bankruptcy preparation, corporate tax returns, franchise taxes, fixed assets and property tax, internal auditing and control assessment and planning, pensions and 401(k), MBO bonuses, and IFRS knowledgeable.

Graduate Management, Accounting and Finance Studies and Honors

ROCHESTER INSTITUTE OF TECHNOLOGY Masters of Business Administration with Accounting and Finance Concentrations Member BETA GAMMA SIGMA International Honor Society. Third Place Western New York CFA Institute Global Investment Research Challenge. ROCHESTER, NY 2012

Cost Accounting & Financial Management Achievements

ASTORIA SOFTWARE, INC. SAN FRANCISCO, CA Controller 2008 - 2011 Astoria Software is the global leader in On-Demand XML content management systems for dynamic product documentation. As Controller of this $45 million venture capital (VC) startup, oversaw all aspects of company's fiscal direction culminating in successful acquisition, and implementation and execution of internal accounting controls. Maintained critical accounting policies for overhead estimations and supervised journal entries for staff of four. Led due diligence for divesture of company assets following first profit in 2009. Responsible for master budget and internal controls for financial reporting. Forecasted cash flows and planned capital expenditures resulting in 28% quarterly growth in net margin. US GAAP software service contract revenue recognition for multi-million dollar contracts. Allocated costs across three company divisions and prepared consolidated financial statements. Coordinated due diligence with external audit attestation and tax preparation processes with Deloitte. Administered corporate governance & compliance across multiple jurisdictions, including New York state. Calculated fair value of employee stock options (ESO) and convertible securities. Directed fringe benefits and 401(k) administration and accounting, saving 43% in related costs. REUNEL MANUFACTURING, INC MAXWELL, CA VP and Director of Finance Full Time 2005 - 2008 Accountant Part Time 2000 - 2004 Reunel Manufacturing produces premium after-market pickup truck bumpers designed for electric winches. As director of finance for this small, family owned business, oversaw financial and human resources functions. Implemented US-GAAP and supervised staff of 15 with three direct reports. Created and managed master production budget and related manufacturing bills of materials and schedules. Determined standard cost accounting metrics resulting in 55% increase in efficiency. Developed monthly closing procedures and schedules, accounting policies, and internal controls. Communicated reporting requirements with CEO and banks, including USDA and SBA loans. Instituted IIPP governance and safety regulations in accordance with CAL-OSHA and EPA. Organized quarterly performance reviews and personally interviewed staff. Directed bilingual weekly staff & safety meetings to discuss current orders, backlogs and OSHA compliance.

Matthew Thomas Nelson, MBA

(585) 662-8556 matthew@matthewnelson.ca Page Two

Cost Accounting & Financial Management Achievementscontinued.

ECOMERIT TECHNOLOGIES, LLC SANTA BARBARA, CA Project Accounting Manager 2010 Engineering startup focused on the development of ocean current and wave energy extraction devices. Funded by Department of Energy grants, installation of dynamic and robust accounting controls and budgeting were needed to ensure effective project management and governmental audit compliance. Implemented DCAA compliant accounting policies and controls. Developed monthly closing procedures and standard costs based on engineering hours. Optimized cash flow forecast of multiple grant-funded projects. Automated complex billing process resulting in next-day reimbursements. Managed collections and contract invoicing resulting in efficient release of purchase orders. Assisted federal auditors in compliance with Department of Energy requirements.

Additional Business Experience

COUNTY OF SANTA BARBARA SANTA BARBARA, CA Human Resources Generalist 2004 - 2005 Provided unprecedented analysis of employee productivity with custom HRIS and Crystal Reports. Learned SQL database & Visual Basic programming languages on the job.

IT, Software & Computer Specialties

MICROSOFT EXCEL Expert modeling for business analysis & mastery of all functions and features. Robust conditional programming and iterative differentials such as balance sheets and budgets. Powerful nonparametric statistical analysis, including Monte Carlo and value-at-risk (VaR). VBA coding for macros, custom functions and routines, programmable ActiveX controls. QUICKBOOKS PRO All versions. Administrative roles over security, business information, 1099 publication, full G/L access. PEACHTREE ACCOUNTING All versions. Manufacturing solution. Full administrative access. Customize Crystal Reports X from raw data. SQL, MICROSOFT ACCESS, FILEMAKER PRO, AND DATABASES Intermediate SQL (2000) script writing and database management. Design relationship architecture. CRYSTAL REPORTS AND ODBC CONNECTIVITY Raw data export from SQL tables or software solution to Excel and ODBC & web links between programs. ERP TRAININGS AND CERTIFICIATIONS IN PROGRESS SAP R/3, Oracle Hyperion, MS Dynamics Great Plains

Undergraduate Studies
UNIVERSITY OF CALIFORNIA, SANTA BARBARA Bachelor of Arts in Slavic Languages and Literature Minor in Music (Classical Guitar) SANTA BARBARA, CA 2005

Foreign Languages Spoken

RUSSIANIntermediate specialized vocabulary, proficient conversation, 12 years experience. SPANISHAdvanced specialized vocabulary, near fluent conversation, 16 years experience.