William L. Paladino, MBA
Corporate Controller at Eastern Alloys- Claim this Profile
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Bio
Nicholas Raimondo
Bill and I started at RFI around the same time. We worked together closely on several inventory & costing projects and developing new procedures. Bill is an intelligent, hardworking, and very personable person. It was a pleasure working with him and I was sorry to see him move on. I hope to be able to work with him again in the future.
Aliza Burton
Bill was my immediate boss at Micro Powders for four years. He is fair, knowledgeable and easy to work with. He was always approachable, which, in a supervisor, is greatly valued. Even when I made errors, which I did from time to time, I was able to go to him to discuss how to correct them. He was fun to work with and he will remain one of the best bosses I have had in my long career as a bookkeeper.
Nicholas Raimondo
Bill and I started at RFI around the same time. We worked together closely on several inventory & costing projects and developing new procedures. Bill is an intelligent, hardworking, and very personable person. It was a pleasure working with him and I was sorry to see him move on. I hope to be able to work with him again in the future.
Aliza Burton
Bill was my immediate boss at Micro Powders for four years. He is fair, knowledgeable and easy to work with. He was always approachable, which, in a supervisor, is greatly valued. Even when I made errors, which I did from time to time, I was able to go to him to discuss how to correct them. He was fun to work with and he will remain one of the best bosses I have had in my long career as a bookkeeper.
Nicholas Raimondo
Bill and I started at RFI around the same time. We worked together closely on several inventory & costing projects and developing new procedures. Bill is an intelligent, hardworking, and very personable person. It was a pleasure working with him and I was sorry to see him move on. I hope to be able to work with him again in the future.
Aliza Burton
Bill was my immediate boss at Micro Powders for four years. He is fair, knowledgeable and easy to work with. He was always approachable, which, in a supervisor, is greatly valued. Even when I made errors, which I did from time to time, I was able to go to him to discuss how to correct them. He was fun to work with and he will remain one of the best bosses I have had in my long career as a bookkeeper.
Nicholas Raimondo
Bill and I started at RFI around the same time. We worked together closely on several inventory & costing projects and developing new procedures. Bill is an intelligent, hardworking, and very personable person. It was a pleasure working with him and I was sorry to see him move on. I hope to be able to work with him again in the future.
Aliza Burton
Bill was my immediate boss at Micro Powders for four years. He is fair, knowledgeable and easy to work with. He was always approachable, which, in a supervisor, is greatly valued. Even when I made errors, which I did from time to time, I was able to go to him to discuss how to correct them. He was fun to work with and he will remain one of the best bosses I have had in my long career as a bookkeeper.
Experience
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Eastern Alloys
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United States
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Mining
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1 - 100 Employee
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Corporate Controller
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Dec 2019 - Present
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Airtech Vacuum, Inc.
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United States
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Machinery Manufacturing
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1 - 100 Employee
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Corporate Controller / Interim CFO
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Feb 2018 - Dec 2019
• Transitioned the company from cash to GAAP accrual based accounting, and in-sourced all accounting functions that were previously performed by a 3rd party since the company’s inception. • Developed and implemented policies, procedures, and reporting infrastructure to prepare and report consolidated financial results for all 11 Airtech reporting entities to private equity ownership and to external lenders on a monthly basis. • Designed and implemented the company’s 1st operating and… Show more • Transitioned the company from cash to GAAP accrual based accounting, and in-sourced all accounting functions that were previously performed by a 3rd party since the company’s inception. • Developed and implemented policies, procedures, and reporting infrastructure to prepare and report consolidated financial results for all 11 Airtech reporting entities to private equity ownership and to external lenders on a monthly basis. • Designed and implemented the company’s 1st operating and financial budget for all company entities, and developed related reporting structures for financial planning and cost control. • Directed all activities to provide support and workpaper documentation to comply with requirements of a rigorous initial audit for 2017 results, and subsequently for 2018. Both years the company received an unqualified opinion on accounting results, financial statements, and internal controls. • Responsible for the preparation and recording of all purchase accounting calculations and reporting for tax and book purposes for the company’s acquisition in February 2018 and subsequent acquisitions in 2019. • Developed and implemented periodic financial forecasts for all business entities, as well the design of a dashboard report for weekly discussion of key financial metrics with private equity ownership. • Designed and implemented queries and analytical reports in Sage 100 to improve internal reporting and comply with year-end audit requirements. Show less • Transitioned the company from cash to GAAP accrual based accounting, and in-sourced all accounting functions that were previously performed by a 3rd party since the company’s inception. • Developed and implemented policies, procedures, and reporting infrastructure to prepare and report consolidated financial results for all 11 Airtech reporting entities to private equity ownership and to external lenders on a monthly basis. • Designed and implemented the company’s 1st operating and… Show more • Transitioned the company from cash to GAAP accrual based accounting, and in-sourced all accounting functions that were previously performed by a 3rd party since the company’s inception. • Developed and implemented policies, procedures, and reporting infrastructure to prepare and report consolidated financial results for all 11 Airtech reporting entities to private equity ownership and to external lenders on a monthly basis. • Designed and implemented the company’s 1st operating and financial budget for all company entities, and developed related reporting structures for financial planning and cost control. • Directed all activities to provide support and workpaper documentation to comply with requirements of a rigorous initial audit for 2017 results, and subsequently for 2018. Both years the company received an unqualified opinion on accounting results, financial statements, and internal controls. • Responsible for the preparation and recording of all purchase accounting calculations and reporting for tax and book purposes for the company’s acquisition in February 2018 and subsequent acquisitions in 2019. • Developed and implemented periodic financial forecasts for all business entities, as well the design of a dashboard report for weekly discussion of key financial metrics with private equity ownership. • Designed and implemented queries and analytical reports in Sage 100 to improve internal reporting and comply with year-end audit requirements. Show less
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WLP Consulting Services, Inc.
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Greater New York City Area
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President & CEO
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Jan 2018 - Feb 2018
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RFI Ingredients
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United States
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Food and Beverage Manufacturing
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1 - 100 Employee
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Corporate Controller/Senior Financial Professional
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May 2016 - Jan 2018
• Performed financial and performance analyses throughout the company, including labor analyses that led to a restructuring of direct labor at the manufacturing sites. • Prepared monthly 12-month rolling financial forecasts for executives and lenders, as well as yearly budgets and ad-hoc analyses as needed. • Prepared and analyzed weekly cash flow projections and organized business strategies accordingly. Managed the company through a 6-month cash flow crisis with no outside borrowing… Show more • Performed financial and performance analyses throughout the company, including labor analyses that led to a restructuring of direct labor at the manufacturing sites. • Prepared monthly 12-month rolling financial forecasts for executives and lenders, as well as yearly budgets and ad-hoc analyses as needed. • Prepared and analyzed weekly cash flow projections and organized business strategies accordingly. Managed the company through a 6-month cash flow crisis with no outside borrowing. • As the company’s senior financial professional, managed all accounting close functions and financial statement preparations, A/P, A/R and consolidations for 6 corporate entities. Supervised and managed a staff of four. • Improved accounting performance by updating financial and management reporting that was 4 months behind due to 2 staff departures. • Directed all domestic and international banking activities among the company’s 9 domestic and 2 international accounts. Responsible for all asset-based lending reporting requirements and secured term loans for fixed asset purchases. • Managed and revised all company insurance coverages to reflect changing business conditions. Show less • Performed financial and performance analyses throughout the company, including labor analyses that led to a restructuring of direct labor at the manufacturing sites. • Prepared monthly 12-month rolling financial forecasts for executives and lenders, as well as yearly budgets and ad-hoc analyses as needed. • Prepared and analyzed weekly cash flow projections and organized business strategies accordingly. Managed the company through a 6-month cash flow crisis with no outside borrowing… Show more • Performed financial and performance analyses throughout the company, including labor analyses that led to a restructuring of direct labor at the manufacturing sites. • Prepared monthly 12-month rolling financial forecasts for executives and lenders, as well as yearly budgets and ad-hoc analyses as needed. • Prepared and analyzed weekly cash flow projections and organized business strategies accordingly. Managed the company through a 6-month cash flow crisis with no outside borrowing. • As the company’s senior financial professional, managed all accounting close functions and financial statement preparations, A/P, A/R and consolidations for 6 corporate entities. Supervised and managed a staff of four. • Improved accounting performance by updating financial and management reporting that was 4 months behind due to 2 staff departures. • Directed all domestic and international banking activities among the company’s 9 domestic and 2 international accounts. Responsible for all asset-based lending reporting requirements and secured term loans for fixed asset purchases. • Managed and revised all company insurance coverages to reflect changing business conditions. Show less
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Micro Powders, Inc.
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United States
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Chemical Manufacturing
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1 - 100 Employee
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Corporate Controller - Acting CFO
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Jul 2008 - Jun 2015
Specialty Chemical manufacturer in the Paints, Coatings and Personal Care markets. Significantly increased corporate value by eliminating all indebtedness and maximizing cash flow through a re-engineering of credit activities and effective management of liquidity and working capital. Managed and directed all accounting and reporting functions, including financial statement preparation and analysis of manufacturing operations. Designed a cash flow forecasting module that… Show more Specialty Chemical manufacturer in the Paints, Coatings and Personal Care markets. Significantly increased corporate value by eliminating all indebtedness and maximizing cash flow through a re-engineering of credit activities and effective management of liquidity and working capital. Managed and directed all accounting and reporting functions, including financial statement preparation and analysis of manufacturing operations. Designed a cash flow forecasting module that maximized liquidity by creating the ability to manage fluctuations more effectively. Designed and implemented improvements within accounting systems that enhanced operational efficiency and reduced department staffing by 20% Directed and managed all domestic and international banking activities. Revitalized the company’s accounts receivable and collections process, reducing bad debts to less than .1% of A/R. Implemented reverse factoring agreements in problem countries to eliminate credit risk. allowing the company to expand sales more aggressively into emerging markets. Managed all documentation and HR compliance for new hires and terminated employees. Show less Specialty Chemical manufacturer in the Paints, Coatings and Personal Care markets. Significantly increased corporate value by eliminating all indebtedness and maximizing cash flow through a re-engineering of credit activities and effective management of liquidity and working capital. Managed and directed all accounting and reporting functions, including financial statement preparation and analysis of manufacturing operations. Designed a cash flow forecasting module that… Show more Specialty Chemical manufacturer in the Paints, Coatings and Personal Care markets. Significantly increased corporate value by eliminating all indebtedness and maximizing cash flow through a re-engineering of credit activities and effective management of liquidity and working capital. Managed and directed all accounting and reporting functions, including financial statement preparation and analysis of manufacturing operations. Designed a cash flow forecasting module that maximized liquidity by creating the ability to manage fluctuations more effectively. Designed and implemented improvements within accounting systems that enhanced operational efficiency and reduced department staffing by 20% Directed and managed all domestic and international banking activities. Revitalized the company’s accounts receivable and collections process, reducing bad debts to less than .1% of A/R. Implemented reverse factoring agreements in problem countries to eliminate credit risk. allowing the company to expand sales more aggressively into emerging markets. Managed all documentation and HR compliance for new hires and terminated employees. Show less
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AdvanceMe, Inc.
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United States
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Financial Services
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1 - 100 Employee
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Cash Management Consultant
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May 2008 - Jul 2008
Leading U.S. provider of Merchant Cash Advances to small and mid-sized businesses. Restructured internal cash management by instituting daily bank reconciliations that tightened control on company balance and facilitated additional retail loans. Leading U.S. provider of Merchant Cash Advances to small and mid-sized businesses. Restructured internal cash management by instituting daily bank reconciliations that tightened control on company balance and facilitated additional retail loans.
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Norsk Hydro
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Norway
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Mining
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700 & Above Employee
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Regional Controller-Northeast U.S.A
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Apr 2005 - Aug 2007
A manufacturer of Aluminum Extrusions employed 330 with annual sales of $70 mil. Closed in 2007. Member of Executive Leadership Team (along with VP’s of Production and Sales) responsible for all policies and management decisions at the site. Directly managed, trained and staffed the Accounting, Purchasing, IT, Payroll, and Shared Services departments. Success in improving areas of previously weak internal control, improving general accounting accuracy and integrity at this… Show more A manufacturer of Aluminum Extrusions employed 330 with annual sales of $70 mil. Closed in 2007. Member of Executive Leadership Team (along with VP’s of Production and Sales) responsible for all policies and management decisions at the site. Directly managed, trained and staffed the Accounting, Purchasing, IT, Payroll, and Shared Services departments. Success in improving areas of previously weak internal control, improving general accounting accuracy and integrity at this manufacturing location. Developed and implemented detailed budgeting, forecasting, and strategic planning systems. Implemented cost control initiatives that reduced breakeven volume by 15%. Performed all month-end accounting close activities, cost accounting, and variance analysis. Show less A manufacturer of Aluminum Extrusions employed 330 with annual sales of $70 mil. Closed in 2007. Member of Executive Leadership Team (along with VP’s of Production and Sales) responsible for all policies and management decisions at the site. Directly managed, trained and staffed the Accounting, Purchasing, IT, Payroll, and Shared Services departments. Success in improving areas of previously weak internal control, improving general accounting accuracy and integrity at this… Show more A manufacturer of Aluminum Extrusions employed 330 with annual sales of $70 mil. Closed in 2007. Member of Executive Leadership Team (along with VP’s of Production and Sales) responsible for all policies and management decisions at the site. Directly managed, trained and staffed the Accounting, Purchasing, IT, Payroll, and Shared Services departments. Success in improving areas of previously weak internal control, improving general accounting accuracy and integrity at this manufacturing location. Developed and implemented detailed budgeting, forecasting, and strategic planning systems. Implemented cost control initiatives that reduced breakeven volume by 15%. Performed all month-end accounting close activities, cost accounting, and variance analysis. Show less
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Uniqema/Mona Industries
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Paterson, NJ
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Plant Controller/Manager-Financial Planning and Analysis
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Aug 1997 - Mar 2005
A Personal Care specialty chemical manufacturer with annual sales of approximately $40 million, acquired in 1998 by ICI; ceased operations and decommissioned in 2005. Created the company’s KPI reporting, cost account, and budgeting and forecasting systems. Developed and instituted policies that resulted in a 46% reduction in finished goods inventory. Implemented 5 yr. cost saving initiatives that resulted in reductions in overhead of $4 million. Saved $500,000 or 50% in umbrella and… Show more A Personal Care specialty chemical manufacturer with annual sales of approximately $40 million, acquired in 1998 by ICI; ceased operations and decommissioned in 2005. Created the company’s KPI reporting, cost account, and budgeting and forecasting systems. Developed and instituted policies that resulted in a 46% reduction in finished goods inventory. Implemented 5 yr. cost saving initiatives that resulted in reductions in overhead of $4 million. Saved $500,000 or 50% in umbrella and liability premiums by changing to an offshore captive insurance company. Organized and directed all financial and HR system implementations after the sale of the company. Responsible for all financial, general ledger, and cost accounting reporting for the site. Show less A Personal Care specialty chemical manufacturer with annual sales of approximately $40 million, acquired in 1998 by ICI; ceased operations and decommissioned in 2005. Created the company’s KPI reporting, cost account, and budgeting and forecasting systems. Developed and instituted policies that resulted in a 46% reduction in finished goods inventory. Implemented 5 yr. cost saving initiatives that resulted in reductions in overhead of $4 million. Saved $500,000 or 50% in umbrella and… Show more A Personal Care specialty chemical manufacturer with annual sales of approximately $40 million, acquired in 1998 by ICI; ceased operations and decommissioned in 2005. Created the company’s KPI reporting, cost account, and budgeting and forecasting systems. Developed and instituted policies that resulted in a 46% reduction in finished goods inventory. Implemented 5 yr. cost saving initiatives that resulted in reductions in overhead of $4 million. Saved $500,000 or 50% in umbrella and liability premiums by changing to an offshore captive insurance company. Organized and directed all financial and HR system implementations after the sale of the company. Responsible for all financial, general ledger, and cost accounting reporting for the site. Show less
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JLR
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United Kingdom
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Motor Vehicle Manufacturing
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700 & Above Employee
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Senior Financial Analyst - USA
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Feb 1995 - Aug 1997
Responsible for budgeting and monthly financial forecasting for U.S. operations. Prepared five- year strategic business plans. Responsible for preparation and presentation of annual budgets, financial analysis, special projects and all accounting close functions. Responsible for budgeting and monthly financial forecasting for U.S. operations. Prepared five- year strategic business plans. Responsible for preparation and presentation of annual budgets, financial analysis, special projects and all accounting close functions.
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Whatman - Part of GE Healthcare
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Fairfield, NJ
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Finance and Administration Manager - U.S.A
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Apr 1990 - Feb 1995
Responsible for all monthly financial and standard cost accounting functions and working capital management. Developed and implemented all capital budgeting and quarterly forecasting systems. Responsible for all monthly financial and standard cost accounting functions and working capital management. Developed and implemented all capital budgeting and quarterly forecasting systems.
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Witco Chemical Co Inc
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United States
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Manufacturing
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1 - 100 Employee
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Accounting Manager
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1982 - 1990
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Education
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Fairleigh Dickinson University-Metropolitan Campus
MBA, Finance -
Fairleigh Dickinson University
Bachelor’s Degree, Accounting