Michael Midwood
Norfolk
Summary
Dynamic financial leader with extensive experience as CFO at J. Derenzo Co., driving process improvements and enhancing cash flow management. Proven track record in financial analysis and team leadership, successfully implementing systems that increased operational efficiency and ensured compliance with regulations. Adept at developing strategic financial forecasts to support organizational growth.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
J. Derenzo Co.
Boston
08.2003 - Current
- Prepared annual budget plans, quarterly forecasts, and monthly closing activities.
- Collaborated with senior management to develop long-term business objectives and plans.
- Oversaw the development and implementation of systems for tracking financial performance metrics.
- Assessed current accounting processes and procedures; developed new policies as needed.
- Identified potential sources of financing; prepared loan applications for lenders' review.
- Cultivated relationships with banking institutions to secure favorable terms on loans and lines of credit.
- Evaluated internal controls over financial reporting processes and ensured compliance with applicable laws and regulations.
- Monitored cash flows and identified areas of risk or opportunity.
- Analyzed financial data to identify trends and recommend solutions for improvement.
- Reviewed financial statements on a regular basis to ensure accuracy of reported information.
- Ensured timely filing of all required federal and state taxes; provided support during audits by regulatory agencies.
- Managed the preparation of external audit reports in accordance with Generally Accepted Accounting Principles.
- Completed analysis of company financial data and produced industry reports outlining metrics and results.
- Analyzed operational processes and implemented continuous improvement initiatives to promote profitability and efficiency.
- Prepared financial forecasts to support fiscal planning and management.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Sourced, installed and implemented new accounting systems to streamline operations.
- Hired, trained, and mentored staff members to maximize productivity.
- Provided organizational leadership and collaborated with executive partners to establish long-term goals, strategies and company policies.
Audit Manager
Ziner, Kennedy & Lehan LLP
Quincy
11.1997 - 07.2003
- Advised clients on proper accounting treatment for unique transactions or events.
- Reviewed client's financial records and prepared tax returns.
- Supervised, trained, and mentored accounting staff, promoting a culture of high performance and continuous improvement.
- Prepared, reviewed, and analyzed financial statements to ensure accuracy and completeness.
Education
Bachelor of Science - Accounting
Providence College
Providence, RI06-1997
Skills
- Financial analysis
- Budget management
- Cash flow management
- Data analysis
- Process improvement
- Internal controls
- Tax compliance
- Financial forecasting
- Team leadership
Certification
- Certified Public Accountant
Timeline
Chief Financial Officer
J. Derenzo Co.
08.2003 - Current
Audit Manager
Ziner, Kennedy & Lehan LLP
11.1997 - 07.2003
Bachelor of Science - Accounting
Providence College
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