Ilene Engelberg’s Resume

ILENE ENGELBERG, CPA

ise@iengelberg.com 2831 North Ocean Blvd

(954) 270-7466 (Cell)                                                                                                              Fort Lauderdale Fl 33308

SUMMARY

Financial and business professional experienced in all aspects of financial systems, including integration of systems through mergers and acquisitions.  Well-versed in creating and implementing business and financial strategies using profitability analysis.  Skilled in establishing corporate policy through participation on executive committees.  Excellent leadership skills overseeing staffs.  Proven ability to solve difficult business problems through strategic consulting, exceptional communication and analytical skills.

PROFESSIONAL EXPERIENCE – Ilene Engelberg

 

Fuerst Ittleman. Miami, FL/ TATUM LLC, Fort Lauderdale FL                                                                              2009-Present

Chief Financial Officer

Report to Managing member of law firm.  Responsible for all financial reporting to the  Partner, management committee and outsiders. Set up financial metrics and reporting.  Instituted a system of regular management committee meetings.  Working to develop a simplified reporting system to monitor day to day operations.  Responsible for daily cash requirements and day to day operations of the finance department.

 

 

DASZKAL BOLTON, LLP, Boca Raton, FL.                                                                                              2007 – 2009

Chief Financial Officer – Ilene S Engelberg

REPORTED TO EXECUTIVE COMMITTEE AND MANAGING PARTNER.  SUPERVISED ALL FINANCIAL FUNCTIONS FOR ONE OF THE TOP 25 CPA FIRMS IN SOUTH FLORIDA.  RESPONSIBLE FOR TREASURY, STRATEGIC PLANNING, ACCOUNTING, FINANCIAL REPORTING, AND TAX PLANNING AND COMPLIANCE.

Created computer reporting modules to increase efficiency.

Upgraded finance functions and reporting without increasing staff or costs.

Developed departmental reporting and budgeting module.

Maintained cash flow budgets and controls even in tight economic times

Tax planning and preparation of complex partnership tax returns.

Financial function through tax return and reporting to partners, for real estate holdings and investment partnerships.

 

 

Self Employed, New York, NY                                                                                                                  2002 – 2007

FINANCIAL CONSULTANT

Responsible for all financial functions  including treasury, strategic planning, accounting, reporting and tax planning. Projects include a $271 million project financing, working capital financing for $150 million cable channel start up and the acquisition of 3 industrial companies into a public holding company.

Analyzed potential investments and acquisition targets. Reviewed lines of business synergies as well as financial contributions. Key decision maker in determining acquisitions.

Reviewed structure of acquisitions for proper accounting concerns to minimize tax consequences to shareholders and the company.

Determined best accounting and tax treatment for various issues to minimize taxation on transactions

Cost accounting and profitability analysis by product line.

Effectuated a more than 50 % increase in credit line by  strong relationships with creditors.

Reestablished and redeveloped credit lines with vendors with collection issues from prior parents.

FAS 141  acquisition accounting and acquisition adjustments.

Hands on integration of acquisition companies with parent company.

 

 

 

THE HOBART WEST GROUP, Florham Park, NJ                                                                                   2000 – 2001

CHIEF FINANCIAL OFFICER

REPORTED TO CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF THE BOARD.  MANAGED ALL FINANCIAL FUNCTIONS OF $165 MILLION HUMAN RESOURCE COMPANY WITH OVER 50 BRANCHES IN 14 STATES. CREATED CONTROLS AND SYSTEMS TO SUCH THAT FEES FOR 2,500 TEMPORARIES AND CONSULTANTS WERE PAID, BILLED AND COLLECTED. MANAGED TREASURY, STRATEGIC PLANNING, ACCOUNTING, TAX AND REPORTING WITH STAFFS TOTALING 20 PROFESSIONALS INCLUDING 5 DIRECT REPORTS.

Contributed to growing market share by identifying acquisition targets and supervising due diligence process.

Maintained good banking relationships that helped in securing $25 million credit line.

Created the strategic framework for the conversion  and implementation of numerous proprietary back office

operating programs to a single PeopleSoft 8.0 platform;

Improved the efficiency and effectiveness of the Finance function through the consolidation of the East and West Coast corporate offices; reduced staff count by 20 %.

 

 

POMERANTZ STAFFING SERVICES, Watchung, NJ                                                                         1991 – 2000

VICE PRESIDENT AND CHIEF FINANCIAL OFFICER  (1993-2000)

Controller  (1991-1993)

REPORTED TO CHIEF EXECUTIVE OFFICER WITH FULL RESPONSIBILITY FOR ALL FINANCIAL FUNCTIONS OF $200 MILLION TEMPORARY STAFFING ORGANIZATION OPERATING IN ALL 50 STATES. CREATED CONTROLS AND SYSTEMS SUCH THAT FEES FOR 10,000 TEMPORARY EMPLOYEES WERE PAID, BILLED AND COLLECTED. MANAGED TREASURY, STRATEGIC PLANNING, ACCOUNTING, TAX AND REPORTING WITH STAFFS TOTALING 30 PROFESSIONALS INCLUDING 6 DIRECT REPORTS.

Functioned in lead Finance role on company’s business development team which identified 40+ acquisition targets and resulted in acquiring over 12 companies; increased revenues  in excess of 30 %; negotiated contract terms directly with sellers and attorneys.

Effectively negotiated with  officers $45 million line of credit which was critical to the implementation of the company’s acquisition strategy.

Established performance measurement system which provided senior management with more timely and  accurate financial and operational business results.

Decreased workers’ compensation and medical costs by 25 % through the design, implementation and management of self-insured insurance programs.

Created and staffed Finance Department, which was responsible for implementing formal policies and procedures, accounting controls and business metrics.

Initiated renegotiations of vendor contracts, achieving significant cost savings while improving quality of service and supplies.

Participated in key client negotiations, responding to questions regarding back office and operations, which led to the acquiring of several of $2-3 million contracts.

Corporate tax planning and compliance with multi State tax Regulations and complex Federal Sub-S Returns.

Enhanced the efficiency and productivity of  business operations by collaborating with the IT Department in the upgrade and installation of automated programs running on multiple platforms.

 

 

ANCHIN, BLOCK AND ANCHIN, CPA’S, New York, NY                            1990-1991

AUDIT MANAGER

MANAGED AUDIT ENGAGEMENTS FOR MEDIUM SIZED CLIENTS IN MANUFACTURING, APPAREL, IMPORT/EXPORT AND SERVICE INDUSTRIES FOR CPA FIRM.  RESPONSIBLE FOR PLANNING AND COMPLETING AUDIT AND REVIEW ENGAGEMENTS.  REVIEWED CORPORATE, PARTNERSHIP AND INDIVIDUAL TAX RETURNS.

 

EISNER AND LUBIN, CPA’S, New York, NY                                              1986-1989

SUPERVISING SENIOR AUDITOR

SUPERVISED AUDIT ENGAGEMENTS FOR MEDIUM SIZED CLIENTS IN MANUFACTURING, REAL ESTATE AND SERVICE INDUSTRIES FOR REGIONAL CPA FIRM.  RESPONSIBLE FOR PLANNING AND COMPLETING AUDIT AND REVIEW ENGAGEMENTS.  REVIEWED CORPORATE, PARTNERSHIP AND INDIVIDUAL TAX RETURNS.

 

 

BROUT AND CO, CPA’S, acquired by BDO SEIDMAN LLP, New York, NY     1981-1985

SENIOR AUDITOR

PERFORMED AUDIT ENGAGEMENTS FOR COMPANIES IN REAL ESTATE, MANUFACTURING, APPAREL, SERVICE, CONSTRUCTION AND IMPORT/EXPORT INDUSTRIES, WHICH INCLUDED SEC REPORTING.  REVIEWED AND PREPARED CORPORATE, PARTNERSHIP AND INDIVIDUAL TAX RETURNS.

 

EDUCATION AND AFFILIATIONS

 

BBA, Accounting , Pace University, New York, NY

Working towards Masters in Taxation at Florida Atlantic University

Certified in both Florida and New York

American Institute of CPA’s, Florida Institute of CPA’s, New York State Society of CPA’s,  Financial Executive Networking Group

Treasurer and Member of the Board of Trustees of the Family Based Services Association of NJ, Inc.

Proficient with QuickBooks, Great Plains, Microsoft Office including Word and Excel, CCH Practice Management  (Time and billing system for CPA firm) and Lexis Nexis Practice Management (Time and billing system for law firms), and  Caldwell Spartan (Time and billing system for the staffing industry), ProSystems Tax Software, ProSeries Tax Software,  Lacerte Tax Software, and Turbo Tax. Familiar with PeopleSoft and Oracle.