Henry Eugene Lesniak – CFO
Henry Eugene Lesniak
Over the past 17 years I have held the position of Chief Financial Officer; with substantial experience in the following areas:
ACCOUNTING –
- Accounts Payable
- Accounts Receivable
- Sales Journals
- Cost Accounting
- Inventory Management
- General Journal Preparation
- General Ledger Analysis
- Trial Balance Preparation and Analysis
FINANCIAL REPORTING –
- Preparation and Analysis of Balance Sheet
- Preparation and Analysis of Income Statement
- Preparation and Analysis of Statement of Cash Flow
- Preparation and Analysis of Comparative Income Statements:
o
Current Period and Year-to-Dateo
Current Period compared to previous year periodo
Actuals compared to Budget- Variance Analysis
TAX RETURNS –
- Federal and State income tax returns
- Personal Property tax returns
- Sales tax returns
- Payroll tax returns
AUDIT MANAGEMENT –
- Year-end audits and reviews of financial statements
- Periodic Lender audits
- Sales tax audits (several different states)
- Personal Property tax audits
- Workers Comp. Insurance audits
- Product Liability Insurance audits
- General Liability Insurance audits
EXTERNAL REPORTING –
- IRS and State commerce reporting
- Foreign Investment reporting
- Enterprise Zone reporting
- Investor Relations and Financial reporting
- Lender Relations and Financial reporting
TREASURY MANAGEMENT –
- Banking and Lender relationships
- Borrowing Base Certificates
- Debt Management
- Capital Expenditure budgeting and management
- Cash Management
- Excess Cash investing
- Customer Collections & A/R Management
BUDGET MANAGEMENT –
- Preparation and management of annual corporate budget
- Preparation and management of capital expenditure budget
- Preparation and management of debt service budget
- Preparation and management of divisional budgets
- Preparation and management of departmental budgets
HUMAN RESOURCES –
- Personnel Information and Labor Law Compliance
- Payroll processing
- Payroll tax returns
- Internal and ADP payroll systems
- Government compliance (I-9’s, immigration, etc.)
BENEFITS MANAGEMENT –
- Employee Manual creation and management
- Insurance Benefits
- 401(k) Plans; creation and management
- Defined Benefit Plans; creation and management
- Bonus programs
- Profit Sharing Plans
INSURANCE MANAGEMENT –
- General Liability policies
- Business Interruption policies
- Automotive policies
- Product Liability policies
- Medical policies
- Dental policies
- Vision policies
- Workers Compensation
- Unemployment Insurance
- Disability Insurance
- Key Man Insurance
- Buy/Sell Insurance
- Credit Insurance
- E&O Insurance
- D&O, EPL Insurance
LEGAL ADMINISTRATION –
- Contract Review:
o
Building leaseso
Equipment financing leaseso
Employment agreementso
Distribution agreementso
Asset purchase agreementso
Intellectual Property agreementso
Product Manufacturing license agreementso
Financing Agreements / Loan Documentation- Litigation Defense Representation:
o
Unemployment claimso
Workers Comp claimso
Product Liability Claimso
Customer collection suitsFINANCING / CAPITAL RAISING –
- Corporate Financing / Capital Raising:
o
Senior Financingo
Mezzanine Financingo
Equity Financingo
Venture Capital Financingo
Credit Line Financing- Customer Financing
o
Customer Leasing Programso
Foreign Customer Letters of Credito
Corporate Credit Policies- Capital Asset Financing
MERGERS & ACQUISITIONS –
- Acquisition Target Identification
- Financial Modeling and Analysis
- Transaction Negotiation and Structuring
- Letter of Intent Negotiation
- Due Diligence work
- Financial Structuring and Lender coordination
- Legal / Accounting / Insurance coordination
- Documentation
- Closing
- Transition
I have had the opportunity to apply the preceding experience in some uniquely challenging situations, including:
·
Rapid Growth and Expansion·
Downsizing Scenarios·
Economic Recessions·
Plant Relocations·
Disaster Recovery·
Union Campaigns·
Acquisitions and Assimilations·
Divestitures·
Distressed Business Recoveries·
Bankruptcy Turnarounds·
Foreign Distribution·
Overseas Manufacturing and Distribution
EMPLOYMENT HISTORY
AMANDARI GROUP, LLC
Chief Financial Officer2004 to Present
A private investment company focused on investments in the commercial building products industry.
FITNESS PRODUCTS INTERNATIONAL, LLC
Chief Financial Officer
1991 thru 2003
An international manufacturer of commercial fitness equipment; supplying product to health clubs, resorts, schools, universities, corporate clients and the military.
THE H.E. LESNIAK COMPANY Principal
1986 thru 1990
A business and financial consulting company specializing in accounting and business consulting, capital raising and bankruptcy turnarounds.
FIRST CITY INDUSTRIES Corporate Accounting Manager
1981 thru 1985
A Fortune 500 conglomerate specializing in mergers and acquisitions of all type of businesses; retail, distribution, manufacturing, public utilities, development, construction and real estate management.
EDUCATION
SAWYER COLLEGE OF BUSINESS Major: Accounting
COLLEGE OF THE CANYONS Major: Business
CONTINUING EDUCATION
·
California State University, Northridge (Finance)·
Credit Managers Association (Credit / Leasing)·
Numerous Seminars and Classes, includingo
Continuing Accountingo
Computer Technologyo
Labor Lawo
Retirement Planso
InsuranceBusiness Law
