William P. Cleary
447 South Saddlebrook Circle Chester Springs, Pa._  [Send email to request phone number] 39.6237



QUALIFICATIONS

Cash Management International Business Treasury Function 
Corporate Taxation Forecasting and Budgeting Contract Negotiation 
General ledger_ A/P, A/R Purchasing and Planning Inventory Control & Management

Annual Financial Statements Legal & Litigation Project Management
Cost Accounting SEC Reporting Intense Financial Analysis
Highly Organized Problem Identification Facilities & Lease Negotiation
Excellent Communication Skills Human Resource Experience Recognition _Costly
Process Flows
Problem Resolution Cost Savings Implementations Quarterly Operations & Finance
Reviews 
Headcount Reductions Mortgage Banking Experience Office Consolidations &
Closings
Innovative Solutions Operational Knowledge & Experience

MILITARY SERVICE: U.S. Army, Meteorologist – Honorable Discharge.

SELECTED ACCOMPLISHMENTS:
o During just the past nine years our Strategic Analysis of Branch Revenue,
Expenses and Profitability led to the closing of three offices with a company
wide annual savings of $ 10 million annually with increased productivity & sales
of $2.5 million. 
o Review, creation and implementation of strict inventory procedures, as well as
post implementation follow up at a branch by branch level has led to an combined
inventory cost savings of $60 million over the past 8 years.
o Creation and implementation of procurement and purchasing polices and
guidelines has created company wide cost avoidance savings of $12.5 million over
the past eight years.
o Designed a Customer Billing System to accommodate over 90% of our customer
billings. This system was enterprise and consolidated individual billing systems
across the business. This System allowed customers to invoice and bill from a
single system that we then integrated with our product inventory shipping system.
We were thus able to reduce corporate overhead by 45 % using only twelve Billing
Specialists, when previously we had approximately twenty-five.
o Instituted and designed a system to control telecommunication inventory on a
customer-by-customer basis. That was based on part number, quantity and branch
location. The basic design included a daily cycle count process along with an
annual inventory process. After implementation, the technology improvement
enabled us to keep customer inventory (in total) valued at over $500 billion
dollars at an accuracy level of 99%, from a prior level of 88 %. 
o After implementation we were able to integrate the inventory and billing
systems. The billing cycle to our customers was reduced by 11.5 days and our
average customer receivable collection time was reduced by more than 18 days. 
o Responsible for building customized budgeting process that provided a real
time actual cost versus budget variance analysis. This data allowed the C– Level
Executives to formulate decisions based on financial measures
o Managed all areas of cost management & cash flow for the company. 
o Responsible for the preparation and filing requirements of five C
Corporations, twenty-seven S Corporations and nine Partnerships. As well as
payroll tax filings for all of the above corporations.
o Implemented an accounting system that contained accounts payable, accounts
receivable, general ledger and budgeting package that resulted in a reduction of
accounting staff by 35%.
o Conducted all the Financial Due Diligence Reports for all Real Estate firms
that Merrill Lynch had targeted for acquisition. This involved a complete
accounting report on the firms past five-year history of Profit and Losses,
Balance Sheets, as well as a flow chart of the operation from top to bottom,
including all aspects of operations and accounting functions. 
o Promoted to position of Manager of Budgeting and Field Accounting. This
position expanded on my already existing responsibilities of Due Diligence
Reporting, to include standardizing the accounting processes of all the companies
purchased. 
o Designed a complete Accounting System for our Real Estate firms. This required
design for the entire process from forecasting to final GL entries. This vision
and throughput led to the promotion to Vice President. 
o Promoted to Chief Financial Officer of the Capital Region that assigned to me
all non-direct operating functions for the region. Here, with my direction, we
became the number one region in the firm. 
o I was responsible for the initial development and implementation of the
company’s global logistics operations.
o Played a large role in helping our South American distribution locations
develop logistics strategies, distribution of repaired product, production
schedules, sales forecasts, negotiation of traffic services and establishing our
cross docking system in Mexico, Argentina and Brazil.
o Directed, reviewed and approved the development and preparation of relevant
short and long-term business plans and budgets for all operational,
administrative and overhead departments of the companies.
o Improved and enhanced distribution and warehouse networks to meet all contract
requirements and provide the best customer and supplier satisfaction at the
lowest costs. Established and played a training and leadership role in
cross-functional teams to ensure successful inventory and distribution
performance by all plants.
o Worked extremely close with our transportation and purchasing departments to
create the best and most reasonably priced freight forwarders and 3rd party parts
and logistics providers.

PROFESSIONAL EXPERIENCE

Communications Test Design, Inc. 
Manager of Finance and Inventory Control July 2001 to September 2006
Senior Financial Accounting Process Flow Analyst September 1997 to July 2001

Responsibilities included overall management and logistics control of over $750
million worth of Nortel Networks - DMS, wireless and broadband inventory. I was
also responsible for all logistics for five remote sites, to include shipping,
receiving, inventory maintenance, product valuation, order fulfillment, specific
material planning, cycle count procedures, merchandise daily cycle counting, and
remote and local site annual physical inventories. 

Robert Bruce Development Group, Inc. 
CFO July 1990 to August 1997
Vice President / Controller November 1988 to July 1990

In these roles, I was responsible for managing all the financial, administrative
and many of the operational duties of the company. These areas included, but were
not limited to; legal, litigation, lease negotiation, purchasing, corporate
financing, accounting, banking, personnel and corporate tax. This company posted
annual real estate sales revenue was in excess of $250 million. 

Merrill Lynch & Co. Real Estate Division 
Chief Financial Officer, Capital District April 1985 to November 1988
Vice President October 1976 to November 1988
Manager of Budgeting and Field Accounting October 1979 to April 1985
Staff Accountant thru Accounting Manager May 1975 thru September 1979

Responsibilities included the management of all the financial, administrative
and many of the operational areas of the company throughout the Capital District.
The Capital District had 69 sales offices, 275 employees with a sales force of
3,800 independent contractors. The district generated approximately $125 million
in gross sales revenue annually.

EDUCATION

 Mercy College (College of Business Administration)
 Major: Accounting and Finance
 Degree: Bachelor of Science with a concentration in Business Administration
 Graduate Studies: Master Degree Candidate at Western Connecticut State
University

COMPUTER SOFTWARE

SAP, Oracle, Microsoft, Great Plains, Timberline, Intuit, Texas Instruments,
IBM, People Soft, ADP & Quick Books


Recommendations Available Upon Request