Jesus (Joe) Escobar
Longmeadow,MA
Summary
Dynamic finance leader with extensive experience at Ortholite LLC, excelling in cash flow management and audit coordination. Achieved a remarkable reduction in month-end closing from 45 days to 7, while mentoring teams to enhance performance. Proven track record in implementing internal controls and driving strategic financial initiatives for organizational growth.
Have Participated in every board meeting as a contributing member for 10 Years, including creating board materials, presenting and creating Annual Budgets and quarterly latest estimates. Participated, produced and led MD&A discussion at monthly financial meetings with all board members.
Successfully completed 10 yeas of audit resulting in unqualified opinion for a big 4 accouting Firm. The last 6 years without any material adjustment made or passed on.
Overview
42
42
years of professional experience
1
1
Certification
Work History
Global Controller Board Attendee
Ortholite LLC
03.2015 - Current
- Directed global financial reporting processes, ensuring compliance with international accounting standards.
- Led cross-functional teams to streamline budgeting and forecasting activities across multiple regions.
- Implemented advanced financial systems, enhancing accuracy and efficiency in data management and reporting. Implemented a Consolidation Software, reducing Month End Closing form 45 days to 7. Includes consolidation of Companies in China, Vietnam, Indonesia, India, Spain and US, with multiple ERP systems
- Mentored finance staff, fostering professional growth while improving departmental performance metrics.
- Analyzed financial trends to provide strategic insights for executive decision-making at the corporate level.
- Oversaw audits and liaised with external auditors to ensure transparency and regulatory compliance across all entities. Successfully completed 10 years of audit with Unqualified Opinion with the last 6 years not having any uncorrected or corrected misstatements.
- Coordinated tax planning initiatives, optimizing tax positions while aligning with overall business strategies.
- Managed fixed assets and assisted in preparing capital expenditure requests for new assets.
- Managed financial policies, procedures and GAAP compliance efforts.
- Oversaw cash management functions including forecasting, investment decisions, currency hedging strategies, and daily cash positioning for optimal liquidity management.
- Developed comprehensive budgets with a focus on cost control and revenue maximization, contributing to company growth.
- Analyzed Strategic initiative relating to both production improvements as well as moving of production sites to different countries.
- Attended and participation in all Board Meetings since employment ( 10 years).
- Participated in 2 sale of the companies one to Private Equity and one to Strategic Company. Instrumental in Due Diligence as well as well as quality of earning calculation
- Led global financial reporting processes, ensuring compliance with international standards and regulations.
- Streamlined budgeting procedures, enhancing accuracy and reducing preparation time across multiple departments.
- Managed cross-functional teams to implement cost control measures, driving operational efficiency within the organization.
- Developed and optimized financial forecasting models, improving strategic decision-making capabilities for executive leadership.
- Oversaw audit processes, collaborating with external auditors to ensure transparency and accountability in financial operations.
- Implemented integrated financial systems, increasing data accessibility and improving reporting timelines across global operations.
- Streamlined month-end close processes, significantly reducing time spent on reconciliations and adjustments while maintaining accuracy in reports.
- Mentored junior staff members in the development of their skills, fostering a culture of continuous learning and professional growth within the finance department.
- Worked with corporate finance departments to prepare quarterly and annual schedules.
- Coordinated with external auditors to address any concerns or discrepancies, resulting in clean audit opinions for the company.
- Spearheaded the integration of acquired companies into the existing financial system, ensuring seamless transitions during mergers.
- Analyzed product and job cost trends to determine potential issues and areas of improvement.
- Provided insightful financial advice to senior management by analyzing data from various sources and presenting key findings in a clear manner.
- Reduced operational costs through thorough analysis of company expenses and identification of areas for improvement.
- Supported business expansion initiatives by providing detailed financial projections for potential new markets or product offerings.
- Led the finance team in developing accurate and timely financial statements, ensuring compliance with GAAP and other regulatory guidelines.
- Managed general ledger and coordinated internal and external financial reporting.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- Accurately completed financial statement audits and thoroughly reviewed results.
Controller
Marox Corporation
04.2000 - 04.2025
- Led financial reporting processes, ensuring compliance with regulations and accuracy of financial statements.
- Developed and implemented budget forecasts, optimizing resource allocation across departments.
- Streamlined accounts payable and receivable processes, enhancing cash flow management efficiency.
Contorller and Vice President of Operations
Plastic Packaging Inc.
01.2019 - 02.2020
- Streamlined operational processes to enhance efficiency across multiple departments.
- Developed strategic initiatives to improve service delivery and customer satisfaction metrics.
- Led cross-functional teams in implementing new technologies, resulting in increased productivity.
- Mentored and trained managers on best practices for operational excellence and team performance.
Corporate Controller
Berkshire Industries -Midstate
05.2012 - 03.2015
- Managed financial reporting processes ensuring compliance with regulatory standards.
- Oversaw budgeting activities, aligning departmental goals with organizational objectives.
- Developed and implemented internal controls to mitigate financial risks.
- Led audits, coordinating with external auditors to facilitate seamless evaluations.
- Oversaw the consolidation of 2 manufacturing companies Berkshire Industries (Aerospace) and Misstate Industries ( Oil and Gas, Maine)
- Streamlined month-end close processes, reducing turnaround time by implementing best practices.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Prepared balance sheets, cash flow reports and income statements.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Participate in Sale of company to another Private Equity Partner
Senior Accountant
Coopers & Lybrand
03.1985 - 05.1998
- Managed monthly financial reconciliations to ensure accuracy and compliance with accounting standards.
- Oversaw preparation of financial statements, enhancing clarity for stakeholders.
Assocaite
Deloitte (formally Deloitte Haskins and Sells)
05.1983 - 03.1985
- Led cross-functional teams to streamline operational workflows and enhance efficiency.
- Developed and implemented process improvements to optimize project delivery timelines.
- Mentored junior associates, fostering skill development and enhancing team productivity.
- Analyzed market trends to inform strategic planning and resource allocation decisions.
Education
American International College
Springfield, MA04-1983
Skills
- Cash flow management
- Audit coordination
- Working capital management
- Internal controls
Certification
Passed Certified Public Accountant exam (Massachusetts)
Languages
Spanish
Native or Bilingual
English
Native or Bilingual
Timeline
Contorller and Vice President of Operations
Plastic Packaging Inc.
01.2019 - 02.2020
Global Controller Board Attendee
Ortholite LLC
03.2015 - Current
Corporate Controller
Berkshire Industries -Midstate
05.2012 - 03.2015
Controller
Marox Corporation
04.2000 - 04.2025
Senior Accountant
Coopers & Lybrand
03.1985 - 05.1998
Assocaite
Deloitte (formally Deloitte Haskins and Sells)
05.1983 - 03.1985
American International College
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