FRANK J. ROSELLI, CPA
Neptune,NJ
Summary
Highly accomplished, results driven senior accounting and financial management executive with more than 25 years of progressive experience in finance and operations management. Strong qualifications in developing and implementing financial controls and processes. Possess solid leadership, communication and interpersonal skills, and the ability to develop and motivate staff.
Overview
33
33
years of professional experience
1
1
Certification
Work History
CFO for Client (Private Investment Management Firm owning more than 15 Companies)
Goldstein & Loggia CPA's, LLC
05.2023 - 02.2024
- Directed 17 controllers in the preparation of monthly financial statements & budgets
- Developed an end of month closing template for each of the companies and conducted weekly accounting calls with each controller to go over any open items & adjusting JE's
- Prepared Due Diligence Reports & led the virtual meetings to review the financial analysis of company looking to be acquired by the Private Investment Management Firm
- Strategized and prepared deal closing entries of newly acquired companies
- Oversaw the audit team in the preparation of Reviews & Compilations needed for bond insurance & fulfill bank requests for each of the companies with outstanding bank loans.
Chief Financial Officer
Triad Securities Corp. (Prime Brokerage Firm)
09.2014 - 12.2022
- Responsible for the accounting, human resources, tax, and treasury functions
- As FINOP, ensured that the company complied with all regulatory requirements of all regulatory filings (FOCUS, SSOI, SIPC, Custody, Schedule 1)
- Prepared and submitted all required documentation for successful PPP loan forgiveness
- Led the transitions of the G/L from Sage to QuickBooks, and Payroll/PEO services.
Finance Manager - Broker-Dealer Finance (Department moved to Tampa, FL in 2012)
MetLife, Inc.
06.2003 - 11.2012
- Directed the financial statement preparation of multiple broker-dealer companies; ensuring meeting Net Capital (15c3-1) and Customer Reserve (15c3-3) requirements
- Reported to upper management, monthly financial summations by entity and product; explaining P&L variances between current year versus prior year, and versus projections
- Reorganized the Broker-Dealer Finance Department, implementing written procedures and employee cross training, and strengthening SOX compliance measures
- Directed the general accounting, monthly financial statement reporting, and transition of the four CitiStreet LLC entities, including broker-dealer companies, acquired by MetLife
- Lead person in overseeing both internal and external (D&T, FINRA) audit requests of the Broker-Dealer Finance Department and assisting on the audited financials.
Assistant Controller
Datek Online (Acquired by Ameritrade in 2002)
02.1999 - 12.2002
- Prepared the consolidated financial statements of the parent company and its four subsidiaries, including all inter-company transaction eliminations
- Directed a staff of six in the accounting of general & administration expenses, fixed assets & depreciation, income tax provisions, treasury transactions, and implementation & monitoring of capital / operating budgets
- Instrumental in the design and implementation of the SAP Fixed Asset Module, facilitating the identification of assets by class, description, location, and cost center
- Improved accounts payable operations by centralizing department personnel functions, and implementing a parked document process in SAP, expediting the approval and processing of invoices, and eliminating late fee charges
- Directed the payroll transition from Paychex to ADP, improving the processing, general ledger recording, and government reporting requirements (eliminating penalties).
Assistant Controller / Budgeting and Tax Manager
Mamiye Brothers, Inc. (Apparel Manufacturer)
08.1991 - 02.1999
- Supervised staff of three in the preparation of the end-of-month closing financials and directed the preparation of the annual audited financial statements
- Prepared and monitored capital & operating budgets, cash flow projections, and utilized G/L codes to track revenue and expenses for each of the company's product lines
- Implemented an internal income tax preparation software program, reducing expenses by eliminating outside tax preparation fees
- Prepared corporate (C Corp., S Corp.), partnership, and individual income tax returns.
Education
BBA - Accounting
Baruch College, City University of New York
Skills
- Microsoft Products: Excel, PowerPoint, Word, Outlook
- General Ledger Software: QuickBooks Online & Desktop, Sage, PeopleSoft, SAP
- Payroll Software: TriNet, CoAdvantage, ADP
- Cash Flow Management
- Financial Process Improvement
- Financial Strategy Development
- Regulatory Compliance Knowledge
- Mergers and Acquisitions Experience
- Policies and Procedures
- Strategic business planning
- Revenue Growth
- Performance Benchmarking
- Goal Setting
- Process Improvement
- Organizational Development
- Leadership and People Development
- Project Oversight
- Client Engagement
- Annual Planning
- Business Development
- Relationship and Team Building
- Board Collaboration
- Adaptability to Change
- Tax Planning and Strategy
- Audit Coordination Abilities
- Performance metrics analysis
- ERP System Implementation
- Strategic financial planning
- Working capital management
- Debt Financing Expertise
- Financial Reporting
- Business Forecasting
- Budget Development
- Audit Coordination
- Accounting Principles
- Reporting expertise
- Documentation requirements
- Regulatory Compliance
- Reporting skills
- Documentation compliance
- Regulatory Requirements
- Accounting principles understanding
- Adaptable and Flexible
- Board Reporting
- Profit and Loss Management
- Analytical and Critical Thinker
- Employee Coaching
- Human Resources
- Raising Capital
Websites
Certification
- Certified Public Accountant, State of New York
- FINRA Series 27 License (Financial and Operations Principal)
Timeline
CFO for Client (Private Investment Management Firm owning more than 15 Companies)
Goldstein & Loggia CPA's, LLC
05.2023 - 02.2024
Chief Financial Officer
Triad Securities Corp. (Prime Brokerage Firm)
09.2014 - 12.2022
Finance Manager - Broker-Dealer Finance (Department moved to Tampa, FL in 2012)
MetLife, Inc.
06.2003 - 11.2012
Assistant Controller
Datek Online (Acquired by Ameritrade in 2002)
02.1999 - 12.2002
Assistant Controller / Budgeting and Tax Manager
Mamiye Brothers, Inc. (Apparel Manufacturer)
08.1991 - 02.1999
BBA - Accounting
Baruch College, City University of New York
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