Tom Cossentino, CPA
Controller at Fuchs North America- Claim this Profile
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Bio
Experience
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Fuchs North America
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United States
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Food & Beverages
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1 - 100 Employee
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Controller
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Nov 2021 - Present
Hampstead, Maryland, United States As Controller at Fuchs North America's corporate headquarters, I am a member of our management team and report directly to our 20+ year veteran Chief Financial Officer. My team makes me proud and consists of AR, AP, cost/materials accounting, financial analysis, and collections/credit activities. I lead the monthly financial close, financial audit, annual budget, quarterly forecasting, corporate FP&A, and other related activities culminating in the creation of the periodic North… Show more As Controller at Fuchs North America's corporate headquarters, I am a member of our management team and report directly to our 20+ year veteran Chief Financial Officer. My team makes me proud and consists of AR, AP, cost/materials accounting, financial analysis, and collections/credit activities. I lead the monthly financial close, financial audit, annual budget, quarterly forecasting, corporate FP&A, and other related activities culminating in the creation of the periodic North American financial reports for our local management group as well as for our parent company, the global Fuchs Group, which has its headquarters in Germany and also conducts operations throughout China, Brazil, France, the U.K. and Romania. My goal is to provide high quality, prompt, and useful financial information that allows for clear and confident operational decision making. I believe this partnership between finance and operations is what leads to the continued growth and financial success of our innovative company. At Fuchs NA, we have a long history, dating back to our origins as Baltimore Spice in 1939, of providing customized seasonings, spices, and excellent service to industrial food companies throughout the United States.
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Assistant Controller
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Mar 2018 - Nov 2021
Hampstead, MD Background on the Fuchs Group: Fuchs North America is affiliated with one of the world's largest privately-held spice and seasoning companies, the global Fuchs Group, which has over 60 plus years of innovation and experience serving the food manufacturing, food service, and retail segments. Fuchs North America began as Baltimore Spice (the original makers of OLD BAY seasoning) in 1939 and in 2016 opened a new state-of-the-art, high-tech manufacturing facility and corporate headquarters on a… Show more Background on the Fuchs Group: Fuchs North America is affiliated with one of the world's largest privately-held spice and seasoning companies, the global Fuchs Group, which has over 60 plus years of innovation and experience serving the food manufacturing, food service, and retail segments. Fuchs North America began as Baltimore Spice (the original makers of OLD BAY seasoning) in 1939 and in 2016 opened a new state-of-the-art, high-tech manufacturing facility and corporate headquarters on a 21-acre campus in Hampstead, MD.
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Myers and Stauffer LC
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United States
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Accounting
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700 & Above Employee
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Experienced Public Accountant/Auditor
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Jan 2016 - Mar 2018
Baltimore, Maryland Area As a CPA at Myers and Stauffer/CBIZ Inc., I was passionate about the public accounting work I did which was primarily focused on accounting, auditing, and financial consulting and advisory for healthcare providers, Medicare/Medicaid programs, and other governmental accounting including top secret contract work for the U.S. DOJ/FBI. As most of the work was in financial auditing and involved direct interaction with client CFOs, Controllers, and other key managers, I truly enjoyed working… Show more As a CPA at Myers and Stauffer/CBIZ Inc., I was passionate about the public accounting work I did which was primarily focused on accounting, auditing, and financial consulting and advisory for healthcare providers, Medicare/Medicaid programs, and other governmental accounting including top secret contract work for the U.S. DOJ/FBI. As most of the work was in financial auditing and involved direct interaction with client CFOs, Controllers, and other key managers, I truly enjoyed working diligently to bring a unique and incisive financial perspective and detail-orientation to all audits, financial projects, and other engagements on which I worked. The work was both rewarding and challenging because it entailed a highly detailed and deep understanding of the interaction of the many federal and state laws governing the Medicare/Medicaid programs. I thrived on building and engaging in a fantastic team atmosphere at Myers and Stauffer. Some of my interests and strengths in this specific position include: -Audit and Assurance services (Audit, Examination, Review, Compilation, Agreed Upon Procedures) -Revenue recognition, hospital specific accounting, complex lease and other accounting -Detailed review and hands on experience with complex accounting (ASC/CFR) regulations for healthcare and services providers -Medicaid Cost Report final settlement calculations in accordance with CMS Pub. 15-1 (PRM) -Combating healthcare fraud, waste, and abuse and internal controls review -Fixed asset accounting and capitalization of assets -Multiple entity consolidations and due diligence -Litigation support and forensic accounting and analysis -Long term construction contract billing and financial management -DOJ/FBI financial crimes investigation support services Show less
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Johnson, Mirmiran & Thompson
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United States
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Civil Engineering
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700 & Above Employee
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Project Accountant
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Nov 2013 - Jan 2016
Sparks, MD- JMT Corporate Headquarters As a member of the JMT corporate accounting team, I worked at the headquarters of Baltimore's largest multi-disciplined engineering firm with focused energy and drive. I was the primary accountant and lead financial analyst for a variety of large contracts under my responsibility as a project accountant/contract billing specialist. Both as an individual accountant as well as a motivated member of a high-achieving financial team, I worked to emphasize a pleasant and personable experience that… Show more As a member of the JMT corporate accounting team, I worked at the headquarters of Baltimore's largest multi-disciplined engineering firm with focused energy and drive. I was the primary accountant and lead financial analyst for a variety of large contracts under my responsibility as a project accountant/contract billing specialist. Both as an individual accountant as well as a motivated member of a high-achieving financial team, I worked to emphasize a pleasant and personable experience that led to excellent financial results on some of the company's largest contracts. On any given day, I worked directly with JMT project managers and government clients throughout the eastern U.S. on all project accounting and financial elements including but not limited to: Preparation of complex multi-million dollar monthly contract invoicing and financial reporting, contract financial management and revenue recognition, project revenue/profit recognition, budget synthesis and analysis, account reconciliation, lease accounting and and subcontract compliance, and other financial and managerial accounting and reporting activities specific to the consulting engineering and government contracting industry. Show less
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ARTIST Music Center
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United States
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Musicians
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1 - 100 Employee
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General Ledger Accountant
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Apr 2011 - Nov 2013
Baltimore, Maryland Area Financial and managerial accounting duties including responsibility for the general ledger and majority of the accounting function in a small business including monthly billings, payroll, collections, financial statement preparation, tax compliance and reporting, financial planning and analysis, budgeting, insurance, cash flow and banking relationship management.
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Education
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Towson University
Bachelor's degree (Summa Cum Laude), Business of Commercial Music -
Carroll Community College
Bachelor's degree equivalent in accounting-CPA professional exam certificate program, Accounting and Finance -
Loyola Blakefield
National Honor Society member, Attended all four years on scholarship -
Becker Professional Education
Certified Public Accountant Exam Review Course, Accounting and Finance