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Resume - Dave Gronostaj - 2015 -a

David Gronostaj is a results-oriented CFO with over 30 years of financial experience in various industries including manufacturing, distribution, transportation, waste management, and beverage importing. He has held high-level financial roles such as CFO, Controller, and Director of Finance for companies with annual revenues ranging from $15M to $250M. His expertise includes financial reporting, budgeting, analysis, process improvement, and managing teams. Currently he works as a consulting CFO for Lucarelli Tactical Group.

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David A. Gronostaj
Cell Phone: (513) 835-6704 8349 Sweet Briar Court
E-mail: DGronostaj@cinci.rr.com Liberty Township, OH 45044
Executive Summary
Results-focused financial executive offering a skill set for analysis, multi-tasking, and excellent
interpersonal communications with all levels of personnel, including cross-functional teams. My expertise
is in achieving value-added performance for service, manufacturing, and distribution companies of all
sizes, including domestic, international, and multi-location corporations.
Professional Experience
CFO Consultant Lucarelli Tactical Group, LLC May 2015 – Present
Covington, KY
• Consulting Client #1, I learned their new MIS manufacturing software and established the
financial reporting structure for the company.
• Established new monthly financial review package, established budgets and was the mentor for
the financial staff.
• Consulting Client #2, I set up new monthly financial review package, updated forecasts and was
the mentor for the financial staff
• Reviewed and coordinated the process of updating financial processes and procedures.
Director of Finance D.E.Foxx and Associates, Inc. May 2012 –June 2015
Cincinnati, OH
• Reduced bank Line Of Credit required by $3 million through utilization of a strategic payment
process with vendors.
• Saved $115 thousand annually in interest expense with reduced balance in bank line of credit.
• Responsible for all GAAP compliant consolidated financial statements for six service companies
with annual revenue of $250 million.
• Responsible for 1,500 employees’ payroll and benefits.
• Establish and execute financial budgets for six businesses, along with monthly business reviews
for each brand.
• Manage staff of fourteen employees and utilize Microsoft Dynamics GP (Great Plains).
• Manage banking relationships including covenant calculations and a monthly business
borrowing report.
• Coordinated external audits for company and final exhibits used for banks and external
companies.
Chief Financial Officer Harrison Concrete, Inc. April 2008 –April 2012
Cincinnati, OH
• Established bench marks and performance analysis for operations and saved $10 thousand
weekly.
• Responsible for all GAAP compliant financial statements, account reconciliations, analysis and
controls for $15 million manufacturer of ready mix concrete and bank vaults.
• Streamlined month-end closing process from 35 days to 5 days.
• Responsible for employee payroll, benefits, information technology and human resources.
• Establish and execute financial budgets for both businesses utilizing Excel, Word and Powerpoint.
• Manage staff of four employees and utilize Sage – MAS90 software.
• Increased finance department efficiency and reduced staff by 50%.
• Manage banking relationships including covenant calculations and monthly business borrowing
report.
• Coordinated external audits for company and final exhibits used for banks and external
companies.
Chief Financial Officer Ditch Witch of OH, W.PA and W.NY May 2006 – March 2008
/ Controller Cincinnati, OH
• Responsible for all GAAP compliant financial statements, analysis and controls for $15 million
equipment dealership.
• Responsible for employee payroll, benefits, information technology and human resources.
• Established and executed financial budgets and forecasts for five branches in three states.
• Managed staff of two employees and utilized National Dealership Software (NDS).
• Managed banking relationships.
• Controlled the floor plan for equipment financing.
• Liaison between factory finance organization and dealership.
• Increased finance efficiency and eliminated staff by 33%.
Chief Financial Officer Warsteiner Importers Agency, Inc. Oct. 1999 – Apr. 2006
Cincinnati, OH
• Was acting President for the USA operation for the last two years.
• Negotiated a nine million dollar freight contract and saved one million annually. Shipments
included international and domestic transportation of perishable goods.
• Responsible for all GAAP and IFRS compliant financial statements, analysis and controls for $25
million international beverage importer, including responsibility for Information Technology and
Logistics.
• Implemented new internet based website to control all distributor orders, depletions and
inventories.
• Established and executed sales, marketing and financial budgets and forecasts for beverage
importer servicing all 50 states.
• Managed staff of six employees.
• Contracted with 250 distributors in 50 states for sale of beverages to retail accounts.
• Improved ROI of personnel by 20%.
• Implemented Siebel Contact Management software to control sales personnel activities.
• Utilized IRI data to determine brand performance and opportunity.
• Implemented new Microsoft Dynamics - Great Plains software for all financial applications.
• Established new USA headquarters as first task in position.
Chief Financial Officer Rumpke Consolidated Companies, Inc. Jan. 1998 – June 1999
Cincinnati, OH
• Established financial planning and controls for $250 million transportation and waste management
corporation with 23 locations in four states.
• Managed staff of 67 employees, including Treasury, Controller, and Information Systems.
• Established $140 million debt structure and maintained covenants.
• Utilized JD Edwards and Infinium ERP software for financial reporting.
• Realigned Ohio consolidated companies and saved one million dollars in sales taxes annually.
• Implemented new budgeting and operational measurements software which tied operational
activities into financial dollars.
Controller Rumpke Consolidated Companies, Inc. Dec. 1995 – Dec. 1997
Cincinnati, OH
• Responsible for all financial controls for $225 million corporation including G/L, A/P, A/R, P/R,
Billing, Credit & Collections, Business Analysis, Tax and Auditing.
• Managed staff of 55 employees.
• Established a limited liability company in Indiana and saved half a million dollars in income taxes
annually.
• Implemented and integrated several financial accounting applications into one software for
increased accuracy and efficient financial reporting.
Senior Financial Analyst Rumpke Consolidated Companies, Inc. Sept. 1993 – Nov. 1995
Cincinnati, OH
General Electric Company - Aircraft Engines 1986 – 1993
Cincinnati, OH
Senior Financial Planner
Corporate Financial Operations Analyst
Department Financial Analyst
General Electric Company - Aerospace 1984 – 1986
Burlington, VT
Product Cost Analyst
General Electric Company - Locomotives 1977 – 1984
Erie, PA
Product Cost Estimator
Specialist – Accounts Payable Vendor Relations
Specialist – Benefits Accounting
Education
Alliance College
• Bachelor of Science Degree with an Accounting major and Business minor
Continuing Education
General Electric - Financial Management Program (FMP)
• (Graduated from 2 ½ year intensive financial training program – equivalent to a Masters degree)

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Resume - Dave Gronostaj - 2015 -a

  • 1. David A. Gronostaj Cell Phone: (513) 835-6704 8349 Sweet Briar Court E-mail: DGronostaj@cinci.rr.com Liberty Township, OH 45044 Executive Summary Results-focused financial executive offering a skill set for analysis, multi-tasking, and excellent interpersonal communications with all levels of personnel, including cross-functional teams. My expertise is in achieving value-added performance for service, manufacturing, and distribution companies of all sizes, including domestic, international, and multi-location corporations. Professional Experience CFO Consultant Lucarelli Tactical Group, LLC May 2015 – Present Covington, KY • Consulting Client #1, I learned their new MIS manufacturing software and established the financial reporting structure for the company. • Established new monthly financial review package, established budgets and was the mentor for the financial staff. • Consulting Client #2, I set up new monthly financial review package, updated forecasts and was the mentor for the financial staff • Reviewed and coordinated the process of updating financial processes and procedures. Director of Finance D.E.Foxx and Associates, Inc. May 2012 –June 2015 Cincinnati, OH • Reduced bank Line Of Credit required by $3 million through utilization of a strategic payment process with vendors. • Saved $115 thousand annually in interest expense with reduced balance in bank line of credit. • Responsible for all GAAP compliant consolidated financial statements for six service companies with annual revenue of $250 million. • Responsible for 1,500 employees’ payroll and benefits. • Establish and execute financial budgets for six businesses, along with monthly business reviews for each brand. • Manage staff of fourteen employees and utilize Microsoft Dynamics GP (Great Plains). • Manage banking relationships including covenant calculations and a monthly business borrowing report. • Coordinated external audits for company and final exhibits used for banks and external companies. Chief Financial Officer Harrison Concrete, Inc. April 2008 –April 2012 Cincinnati, OH • Established bench marks and performance analysis for operations and saved $10 thousand weekly. • Responsible for all GAAP compliant financial statements, account reconciliations, analysis and controls for $15 million manufacturer of ready mix concrete and bank vaults. • Streamlined month-end closing process from 35 days to 5 days. • Responsible for employee payroll, benefits, information technology and human resources. • Establish and execute financial budgets for both businesses utilizing Excel, Word and Powerpoint. • Manage staff of four employees and utilize Sage – MAS90 software. • Increased finance department efficiency and reduced staff by 50%.
  • 2. • Manage banking relationships including covenant calculations and monthly business borrowing report. • Coordinated external audits for company and final exhibits used for banks and external companies. Chief Financial Officer Ditch Witch of OH, W.PA and W.NY May 2006 – March 2008 / Controller Cincinnati, OH • Responsible for all GAAP compliant financial statements, analysis and controls for $15 million equipment dealership. • Responsible for employee payroll, benefits, information technology and human resources. • Established and executed financial budgets and forecasts for five branches in three states. • Managed staff of two employees and utilized National Dealership Software (NDS). • Managed banking relationships. • Controlled the floor plan for equipment financing. • Liaison between factory finance organization and dealership. • Increased finance efficiency and eliminated staff by 33%. Chief Financial Officer Warsteiner Importers Agency, Inc. Oct. 1999 – Apr. 2006 Cincinnati, OH • Was acting President for the USA operation for the last two years. • Negotiated a nine million dollar freight contract and saved one million annually. Shipments included international and domestic transportation of perishable goods. • Responsible for all GAAP and IFRS compliant financial statements, analysis and controls for $25 million international beverage importer, including responsibility for Information Technology and Logistics. • Implemented new internet based website to control all distributor orders, depletions and inventories. • Established and executed sales, marketing and financial budgets and forecasts for beverage importer servicing all 50 states. • Managed staff of six employees. • Contracted with 250 distributors in 50 states for sale of beverages to retail accounts. • Improved ROI of personnel by 20%. • Implemented Siebel Contact Management software to control sales personnel activities. • Utilized IRI data to determine brand performance and opportunity. • Implemented new Microsoft Dynamics - Great Plains software for all financial applications. • Established new USA headquarters as first task in position. Chief Financial Officer Rumpke Consolidated Companies, Inc. Jan. 1998 – June 1999 Cincinnati, OH • Established financial planning and controls for $250 million transportation and waste management corporation with 23 locations in four states. • Managed staff of 67 employees, including Treasury, Controller, and Information Systems. • Established $140 million debt structure and maintained covenants. • Utilized JD Edwards and Infinium ERP software for financial reporting. • Realigned Ohio consolidated companies and saved one million dollars in sales taxes annually. • Implemented new budgeting and operational measurements software which tied operational activities into financial dollars. Controller Rumpke Consolidated Companies, Inc. Dec. 1995 – Dec. 1997 Cincinnati, OH
  • 3. • Responsible for all financial controls for $225 million corporation including G/L, A/P, A/R, P/R, Billing, Credit & Collections, Business Analysis, Tax and Auditing. • Managed staff of 55 employees. • Established a limited liability company in Indiana and saved half a million dollars in income taxes annually. • Implemented and integrated several financial accounting applications into one software for increased accuracy and efficient financial reporting. Senior Financial Analyst Rumpke Consolidated Companies, Inc. Sept. 1993 – Nov. 1995 Cincinnati, OH General Electric Company - Aircraft Engines 1986 – 1993 Cincinnati, OH Senior Financial Planner Corporate Financial Operations Analyst Department Financial Analyst General Electric Company - Aerospace 1984 – 1986 Burlington, VT Product Cost Analyst General Electric Company - Locomotives 1977 – 1984 Erie, PA Product Cost Estimator Specialist – Accounts Payable Vendor Relations Specialist – Benefits Accounting Education Alliance College • Bachelor of Science Degree with an Accounting major and Business minor Continuing Education General Electric - Financial Management Program (FMP) • (Graduated from 2 ½ year intensive financial training program – equivalent to a Masters degree)