Philip J. Rucci 10 Shoshone St. 7502 Cell Old Bridge, N.J.

08857 Phone (732) 679-

(732) 501-9916

Financial Management Auditing...Fiscal Control...Accounting Operations Versatile, broadly accomplished financial management professional with over twenty years experience as a business consultant to a diverse group of industries including their international operations; financial controller and au dit manager for leading banks and financial services companies. Particular strengths in financial planning, cost containment, risk assessment, and asset management. Equally skilled in financial and business analysis, cash management, and fiscal control and improving profit performance. Proven abilities in building and managing smooth running, cost effective business, financial and accounting operations. A highly trained writer and verbal communicator of financial results and new concepts. Competencies include; peripheral programs, developed new Excel and Word programs for use in ABL lending institutions. Education MBA, Accounting/Finance; BS, Business Administration. Computer proficient.

Representative Accomplishments ??? Designed and implemented a standard cost system for a company's assembly and primary operations. System identified direct labor and material variance on budgeted costs. Control of these costs increased gross margin by 5%. ??? Initiated a rolling cash forecast for the liquor industry that significantly improved fiscal control on cash volume averaging $12 million to $13 million per month. ??? Designed a new format of the monthly controller letter as a ghost write for the treasurer, to the corporate office of a multi billion-dollar corporation. ??? Designed and implemented use of a standard contract proposal for government contracts that guaranteed a bottom-line profit of 15% on all labor and materials. ??? Developed an optimum level inventory schedule for parts used in production. Cut standing inventory by 50% and reduced annual inventory costs by 40%. ??? Trained and supervised a group of junior and senior auditors for field audits in commercial finance and factoring for several large banks. ??? Developed and implemented a new audit program for use in auditing

ABL loans

Experience Independent Contract examiner for financial institutions June 2006-Present Provide support for field examinations for ABL and Factoring audits. Including detailed inventory and cost analysis of audit findings, and In-depth analysis of accounts receivable testing and verification. Senior Field Examiner for Summa Capital 2001-June 2006 Developed and installed new excel/word ABL audit program for small lenders ($150M to $2,000M). Serviced the program and installed supporting programs and other excel schedules. Senior Field Auditor for Bank of America 2000-2001 Performed auditing services for commercial finance and factoring Consulted for several large firms,. Performed internal audits and 1997-2000 general accounting functions The P&C Group, Inc., Old Bridge, N.J. 1990-1996 Owner / President Provided financial and auditing consulting services to lending institutions and to the automotive industry. Senior Financial Auditor & Supervisor Security Pacific Credit Corporation, New York 1988-1989 Irving Trust Company, New York 1986-1988 Performed a variety of auditing services for these two major lending institutions. Both firms were sold to other lending institutions. Horizon Bank, Morristown, N.J. 1984-1986 Corporate Account Officer, Auditing Managed a small staff. Firm was sold to Chemical Bank. Education/Professional Training M.B.A., Accounting and Finance, Seton Hall University B.S., Business Administration, Seton Hall University Advanced Accounting / Finance Courses Cost Accounting...Tax Management...Auditing

Becker CPA review course Software...Microsoft Works, Word, Excel...Lotus 1-2-3 Macintosh Software...SAP Software ???Quick Books and others Industry Experience Auto...Financial Services...Banking...Film...Light/Heavy Manufacturing... Steel...Paper...Plastics...Heavy Machinery...Oil & Gas...Electronics...Food Warehousing & Multi-distribution systems