1. HERMAN A. STONITSCH, CPA
5340 Broadway St, Indianapolis, IN 46220
317.437.8437 herm@stonitsch.net
SUMMARY
Decisive, operations-oriented, senior finance professional with diplomatic and collaborative management
style. Excel at continuous process improvement to gain efficiency and scalability. Intellectually agile, able to
integrate rapidly into new industries. Easily shift from high-growth to austerity mode as conditions dictate.
Outstanding conceptual problem-solving and communication skills. Highly analytical.
PROFESSIONAL EXPERIENCE
HERMAN A. STONITSCH, CPA, Indianapolis, Indiana Sep 2014 – Current
Executive Financial Consultant & Tax Preparer
While in transition between full-time permanent positions, I took advantage of my extensive network to
double my long-standing tax practice and take on various consulting assignments, earning high 5-
figures in fees. Notable assignments include:
US OILFIELD CO, LLC (Industrial equipment lessor and solids control service provider to oil rig
drillers, 75 employees). Retained for fixed 90-day term by CEO to mitigate problems emerging
from recent high-growth phase, including critical cash flow issues. Led investment-banking
initiative to raise 8-figure sum.
CALIFORNIA-BASED SOFTWARE START-UP – Created 3-year financial statement projections with
dynamic budgeting/ forecasting tools for fund-raising efforts of BOD under intense deadline of
four days from engagement call to finished product delivery.
LOCAL YOUTH OFFENDER ORGANIZATION – Currently negotiating an ad hoc assignment to
support CEO and CFO during explosive growth phase.
TAX PREPARATION – Expanded business clientele by 75% and individual returns by over 100%
over previous year.
STRAND DIAGNOSTICS, LLC, d/b/a Know Error®, Indianapolis, Indiana Feb 2009 – Sep 2014
Vice President of Finance
(Molecular diagnostic laboratory marketing DNA-based specimen biopsy kits, 56 employees)
Second employee hired at start-up incubated inside a then-six-year-old lab. Joining at the firm’s
inception provided opportunity to execute operations management with Co-Founders, in
addition to traditional range of finance roles.
As company encountered reimbursement challenges, I took on additional duties for managing
Billing, Reimbursement, HR, and IT, with 14 direct reports.
Assisted Co-Founder in fundraising efforts.
Stream-lined operational processes to accommodate >350% CAGR over 1st 3 years.
INSIGHT ENGINEERING, INC., Indianapolis, Indiana 2005 – 2008
Controller
(Civil engineering firm with 15-20 employees)
Transformed accounting function from a single bookkeeper to a full-service, professional
department. Designed and implemented new initiatives in accounting, reporting, budgeting,
insurance, and IT. Advised Founder/ CEO on all aspects of operations, including elimination of
unprofitable lines of business and customers.
2. HERMAN A. STONITSCH Page 2
INDIANAPOLIS COLTS, INC., Indianapolis, Indiana 1999 – 2004
Controller
(Professional football franchise with 100+ front office employees, plus players and coaches)
Completed dissolution of Colt Realty, including estate and trust work of Robert Irsay. Developed
internal controls in the high-growth corporate sponsorship department. Directed financial
reporting for 28 sales and marketing personnel. Reviewed and negotiated a wide variety of
legal contracts. Coordinated insurance matters.
COLT REALTY, INC., COLT CONSTRUCTION, INC., Skokie, Illinois 1992 – 1999
Vice President of Finance (1994 – 1999), Controller (1992 – 1994)
(Affiliates of Indianapolis Colts football team. $30M real estate development and management firm
and $7M general contracting firm)
P&L responsibility for entire organization. Managed real estate portfolio and led finance team.
Negotiated new tenant leases, renewals, workouts, and early terminations. Financial
management, reporting, tax planning/ compliance, and insurance matters. Supervised four
direct reports and eight others. Divested portfolio and began wind down of corporate affairs
after Robert Irsay’s death.
ERNST & YOUNG, LLP, Chicago, Illinois 1989 – 1992
Audit Supervisor
(Leading international professional services firm providing audit, tax and consulting services)
RON STONITSCH CONSTRUCTION, INC., Joliet, Illinois 1982 – 1989
Controller
($20M general contracting firm, well-respected, ranked in the top 5 regionally)
EDUCATION AND CERTIFICATION
Masters of Business Administration, Kellogg School of Management, Northwestern University, 2001
Bachelor of Science, Accountancy, Lewis University, 1988
Economics Coursework, University of Chicago, 1977 – 1980
Certified Public Accountant, State of Illinois, 1988 – Active Indiana License #CP11400094
COMMUNITY LEADERSHIP & PROFESSIONAL AFFILIATIONS
Trustee – The Orchard School, Indianapolis, IN
American Institute of Certified Public Accountants
Indiana CPA Society