ERIC R. BUSCH
Richmond
Summary
Financial leader with extensive experience in managing financial operations and strategic planning. Expertise in cash flow management, job cost monitoring, and developing efficient financial systems that enhance profitability and reduce risks.
Overview
34
34
years of professional experience
1
1
Certification
Work History
Controller
CAVALIER FLOORING SYSTEMS, INC.
Richmond
01.2020 - Current
- Managed the financial operations for this mid-market installer of flooring systems serving both commercial and public sector markets.
- Management focus primarily of cash flow and collections, job cost management/ monitoring, earned revenue analysis and workers’ compensation and general liability insurance programs.
- Preparation of quarterly/ annual work papers for external auditors, bankers and tax planners.
SELF-EMPLOYED INDEPENDENT CONTRACTOR
Richmond
01.2006 - 01.2020
- Created forecasting models using historical data to determine how to best meet the client’s concerns.
- Championed several computer conversion projects that required research, implementation, training, customization, and project management skills.
- Created cross-functional reporting systems to provide engineers, production and line managers with effective feedback to ensure effective project management.
- Designed and developed an enhanced job costing program and implemented significant improvements to the percentage-of-completion/ earned revenue analysis.
- Successfully implemented several enhanced cash flow systems critical to the construction industry.
- Provided accounting services for local contractor in financial difficulty. Served as interim Controller after the client purchased the business through the bankruptcy process.
- Served numerous clients with fractional Controller and CFO services.
- Provided accounting services for several start-up businesses and specialty contractors.
- Served as critical liaison and advisor for financial and best practice decisions: research on financial questions, integration of generally accepted / best practice accounting principles.
Controller
WILLIAMS INSURANCE TRUST
Falls Church
01.2003 - 01.2006
- Managed and directed the finance and accounting operations for five subsidiaries and consolidation within the group.
- Compiled quarterly financial statements for SEC filings, and generated monthly reports for Trustees and management.
- Reviewed and audited documents from affiliated companies for self-insured workers’ compensation and general liability programs.
- Assisted with the compilation and review of quarterly work comp and liability claim reserve analysis.
- Forecast and prepared annual operating and cash flow budgets.
- The insurance/financial group of Williams Industries, Inc.
Administrative Manager
CAPITAL BENEFITS ADMINISTRATORS, INC.
Falls Church
01.2000 - 01.2003
- Served as Operational Manager and Designated Fiduciary for a third-party administrator of employee health and pension plans.
- Clients included the employee health and pension plans of the parent company, and several Taft-Harley funds.
- Coordination between plan participants and beneficiaries, plan fiduciaries, legal counsel, independent auditors, actuaries, and investment managers.
- Implemented two computer conversions.
- Generated monthly reports for Trustees and management including financials, annual operating budgets, cash flow and claim reserve budgets/ forecasts.
- A subsidiary of Williams Industries, Inc.
Controller
CONCRETE STRUCTURES, INC.
Richmond
01.1999 - 01.2000
- Managed the accounting operations for this manufacturer and erector of precast / prestressed concrete products and masonry units.
- Experienced working in a multi-company/ divisional corporate environment.
- Preparation of quarterly/ annual consolidated work papers for corporate and external auditors.
- A subsidiary of Williams Industries, Inc.
Controller
HARBOR IRON WORKS AND HARBOR STEEL ERECTORS, INC.
Baltimore
01.1997 - 01.1999
- Managed the accounting operations for this manufacturer and erector of miscellaneous metals and structural steel.
- Management of related areas such as human resource/ payroll functions, cash flow, collections, supplier relations, operating and capital budgeting.
- Supervisory experience including formal training in areas such as performance evaluation, coaching, and recruitment.
- A subsidiary of Williams Industries, Inc.
Supervisor, Industry Accounting
FEDERAL HOME LOAN MORTGAGE CORPORATION
Reston
01.1995 - 01.1997
- Supervised seven accountants within the mortgage servicer reconciliation department.
- Responsible for monitoring staff progress during the accounting cycle.
- Ensured proper budgeting and resource allocation to meet strict deadlines.
- A/k/a Freddie Mac
Staff Accountant
WILLIAMS INDUSTRIES, INC.
Falls Church
01.1992 - 01.1995
- Sole responsibility for the compilation of all subsidiary Work-In-Process/ earned revenue analysis reporting.
- Prepared and maintained quarterly managerial reports and statements, providing critical insights for financial decision-making.
- Assisted with internal audits and reviewed quarterly closings for each subsidiary, ensuring accuracy and compliance.
- Supported due-diligence accounting reviews for several mergers and acquisitions.
Education
Bachelor of Arts - Dual Major in Accounting and Business
THE UNIVERSITY OF PITTSBURGH
Pittsburgh, PA01-1992
Skills
- Financial Reporting
- General Accounting Functions
- Financial Analysis
- Internal Auditing
- Accounts payable
- Job Costing
- Cash Flow Forecasting
- Forecasting
- Cost Containment
- Strategic Planning
- Operational Analysis
- Purchasing
- Account Payable
- Collections
- Insurance Program Administration
- Long-term Project Management
- Team Leadership
- Customer Leadership
- HR Benefits Administration
Personal Information
Title: CONTROLLER / DIRECTOR OF FINANCE
Certification
- • Department of Economics, George Mason University. Sarah Scaife Foundation Research Fellow. Acknowledged in two publications.
- • Certified Employee Benefit Specialist (CEBS), member of the International Foundation of Employee Benefit Plans (IFEBP) and the International Society of Certified Employee Benefit Specialists (ISCEBS).
- • Senior Professional in Human Resources (SPHR) designation, member of the Society for Human Resource Management (SHRM).
Timeline
Controller
CAVALIER FLOORING SYSTEMS, INC.
01.2020 - Current
SELF-EMPLOYED INDEPENDENT CONTRACTOR
01.2006 - 01.2020
Controller
WILLIAMS INSURANCE TRUST
01.2003 - 01.2006
Administrative Manager
CAPITAL BENEFITS ADMINISTRATORS, INC.
01.2000 - 01.2003
Controller
CONCRETE STRUCTURES, INC.
01.1999 - 01.2000
Controller
HARBOR IRON WORKS AND HARBOR STEEL ERECTORS, INC.
01.1997 - 01.1999
Supervisor, Industry Accounting
FEDERAL HOME LOAN MORTGAGE CORPORATION
01.1995 - 01.1997
Staff Accountant
WILLIAMS INDUSTRIES, INC.
01.1992 - 01.1995
Bachelor of Arts - Dual Major in Accounting and Business
THE UNIVERSITY OF PITTSBURGH