James Kropp, CPA, MBA

Lead all accounting, treasury, technology and human resources functions for nine distinct operating entities. Manage investor, lender and external accounting tax relationships, insurance benefits and 401k administration. Integrate accounting and operations systems, procedures and personnel when acquiring new assets and companies. Create acquisition and disposition valuation models, develop monthly operational forecasts and measure asset performance against plan.

Coordinated financial statement preparation, budgeting and reporting activities for Executives, Board of Directors and Regional Operations Managers, managed a team of five accounting professionals. Managed cash flow analysis, multi-unit Profit and Loss analysis and produced ad hoc reports as required by the Business. Responsible for establishing new treasury management and lending relationships and managed the annual audit.

Directed daily and strategic financial analysis for key executives within Sales, Marketing, Service and Finance including strategic planning, revenue budgets, operational plans, and sales incentive plans. Coordinated the analysis of profit and loss statements, the implementation of expense controls and cost reductions to ensure business priorities were aligned with business objectives. Communicated key performance indicators and other financial information including the measurement of revenue plans, risk analysis, forecasting and comparisons to budget and prior year. Managed twelve financial analysts including Contract Administration who was responsible for revenue recognition, customer pricing, profitability, installed base and other ad hoc analysis.

Managed the corporate office, monthly accounting close, prepared financial statements, maintained bank relationships and cash flow management, and provided annual tax return information. Responsible for analyzing real estate and restaurant investments, including the assessment of new franchise opportunities and distressed business acquisitions due diligence.

Directed the accounting and information technology functions of the company, prepared monthly financial statements, reconciled account balances and analyzed internal controls and procedures. Expanded the role of Controller to include financial analysis, due diligence for acquisitions, debt covenant compliance, budgeting and cash management, return on asset analysis, construction in progress accounting. All tasks were previously performed by the V.P. of Finance and the President. Developed and created ad-hoc reports using decision analysis tools such as Microsoft Access, Excel and Monarch to summarize key business indicators and disseminate information throughout the company.