Peter A.

Stemkowski
11 Sandhill Drive 603-424-5422 Residence
Merrimack, NH 03054 sandhill_pete@ hotmail.com 603-440-3389 Cellular
SUMMARY
Detailed oriented accounting professional with cross-functional competencies in
all phases of accounting, automated accounting systems, various software applica
tions, staff supervision, development, and team building. Proficiencies include
documenting policies and procedures, streamlining processes, implementing and st
rengthening internal controls in compliance with internal audit and Sarbanes-Oxl
ey requirements. Strong experience as a key team player focusing on process impr
ovement initiatives and the ability to interface with professionals at all level
s. Expertise includes:
* Financial Reporting (GAAP and IFRS) * Fixed Asset Reporting
* Hyperion Enterprise, Mas200, Great Plains, Oracle * Corporate Tax Compliance
* Oversight of A/P, A/R, Collections, P/R * California property tax preparation
* Liaison with Internal/External Auditors * System Conversions & Task Force Tea
ms
PROFESSIONAL EXPERIENCE
Aspen Technology, Inc., Burlington, MA 3/2010-11/2010
With over 25 worldwide locations and revenues exceeding $300 million, AspenTech
is a world leading supplier of software to all industries engaged in process man
ufacturing functions.
Principal Accountant
* Preparation of monthly journal entries and account reconciliations for deferre
d rent, asset retirement obligations, sales commission accruals for US, Canada,
and Latin America Divisions, audit, legal, telecom and consulting accruals using
Oracle and Business Objects XI Release 2 software.
* Preparation of financial schedules and analyses on a monthly basis for the com
pany's internal, external and audit reporting requirements.
* Quarterly and Year-End preparation of support schedules for the 10K including
future minimum lease obligations, asset retirement obligations, non-facility lea
se obligations, and Goodwill analysis.
* Function as a technical resource on assigned areas, including conducting techn
ical accounting research and document conclusions in memo form with supporting f
iles if appropriate.
DRS Codem Systems, Inc. (A Finmeccanica Company), Merrimack, NH 07/2005-03/2
010
A $35 million dollar division of a $3.3 billion dollar leading manufacturer of i
ntegrated products and services to military forces, intelligence agencies and pr
ime contractors world wide.
General Accounting Manager
* Preparation of monthly, quarterly and annual financial reports within tight de
adlines from the corporate office in both GAAP and IFRS formats using Hyperion E
nterprise applications.
* Monitor, manage, and supervise daily work flows of direct reports in the areas
of A/P, A/R, collections, payroll, and inter-company transactions.
* Ensure accuracy of Mas200 accounting system by reviewing and approving accrual
s, preparing balance sheet reconciliations on a monthly basis within corporate p
olicy deadlines.
* Responsible for all aspects of fixed assets and CIP reporting.
* Lead liaison with Corporate Tax Department responsible for preparation and sub
mission of all Tax Packages and schedules.
* Developed strong working relationships with key individuals at multiple DRS di
visions, and multiple departments within the Corporate office including: Consoli
dations and financial reporting, Internal Audit, Taxation, Information Technolog
ies, Billing, etc.
* Major accomplishments:
o Prepared and implemented policies for: payroll reviews; fixed asset tagging; d
epreciation and asset life reviews; disposals and physical inventory reconciliat
ions of fixed assets.
o Received an award from the Corporate Tax Department for consistently meeting,
or surpassing filing deadlines.
Union Leader Corporation, Manchester, NH 12/2002-07/2005
Largest NH privately held newspaper publisher with annual revenues exceeding $40
million.
Peter A. Stemkowski (continued) Page 2
Accounting Manager:
* Responsible for the general accounting functions of the company. Managed a sta
ff of 17 individuals which included the functional areas of General Accounting,
A/P, A/R, Collections, Billing, and Payroll.
* Preparation of monthly financial reports and statistics reflecting earnings, p
rofit, cash flow, and other financial results utilizing Great Plains Dynamics an
d FRX reporting software.
* Responsible for issuing, collecting, summarizing and consolidating annual budg
eted expenses. Streamlined the budget process by utilizing excel based worksheet
s and importing them into Great Plains.
* Reconciled Quarterly and Annual preparation of Payroll Tax filings: Form 941,
F.U.T.A., S.U.T.A, NH Form BLS3020, Year-End W-2, and Form 1099.
* Liaison with external audit firm - Howe, Riley and Howe.
Johnson & Johnston Associates, Hampstead, NH 02/1996-11/2002
A $50 million dollar NH Corporation engaged primarily in the manufacture and dis
tribution of printed circuit board components to a world wide market.
Accounting Manager:
* Managed 3 direct reports and all aspects of general accounting: Fixed Assets;
Cost of Goods Sold; Quarterly and Annual Physical inventories; Budgeting, Receiv
ables, Collections and Accounts Payable.
* Monthly preparation of financial statements, account reconciliations, reportin
g results to parent company utilizing Hyperion Enterprise applications. Quarterl
y preparation of corporate tax schedules.
* Liaison with public accountants (MFA -Moody, Famiglietti & Andronico LLP, E&Y)
for preparation of key spreadsheets; account reconciliations; various analyses
and work papers for interim and year end audits.
* Major accomplishments:
o Directed and implemented the software conversion to Great Plains Dynamics incl
uding the responsibility for all future upgrades and enhancements. Conversion of
Asset Keeper to Great Plains Fixed Asset data base applications.
o Reduced month-end closing cycle from 7 days to 2 days by implementing cycle co
unt procedures, thus improving the accuracy of book to physical reconciliations.
These measures also resulted in reducing the frequency of complete physical inv
entories from a monthly to a quarterly basis, reducing overtime labor costs, and
forklift rental expenditures.
o Implemented Budget vs. Actual reporting and analysis for all cost centers.
Kronos Incorporated, Waltham, Ma 08/1992-01/1996
Accounts Payable Supervisor:
* Managed staffs up to 10 accounting administrators, overseeing annual disbursem
ents in excess of $150 million. Prepared financial reports and analyzed P&L vari
ances for 26 district offices as well as corporate and manufacturing cost center
s.
* Major Accomplishments:
o Reengineered the procurement function which lead to a 20% reduction in account
ing headcount and over 50% reduction in overtime costs during a period when AP v
olume increased by 22%.
o Significantly improved the working relationships between Purchasing and Accoun
ts Payable departments resulting in improved vendor relationships.
o Increased annual discounts taken from $10k to over $100k per year.
o Received several written commendations for outstanding performance in accompli
shing major turnaround of AP personal. Also received letters of recognition and
gratitude form vendors for excellent service and problem resolution.
Software Experience:
Oracle, Business Objects XI Release 2, Hyperion Enterprise; Great Plains Dynamic
s; Mas200; Sage FAS50; BPCS; Software International; Microsoft Office 2007: Exce
l, Word, Outlook, Power Point.
Education:
Pace University, New York, NY
Bachelor of Business Administration
Attended various continuing education courses related including:
Sarbanes-Oxley Compliance, DRS Technologies Ethics Training, How to Develop and
Administer a Budget, How to Better Organize, Process, & Close a Month End, How t
o Legally Collect Receivables, Develop and Write Accounting Policies & Procedure
s, How to Handle Difficult People.