Lawrence Ferriola
Bensalem,Pennsylvania
Summary
Financial professional with 30+ years experience, a proven track record enhancing team performance and promoting continuous improvement. Expertise in relationship building and cross-functional collaboration, implementing innovative solutions that boost productivity and streamline operations. Mentored staff to achieve professional goals, resulting in a high-performing team culture.
Overview
32
32
years of professional experience
Work History
Director
Berlitz Languages Inc.
04.2018 - Current
- Assisted in the transition and creation of Order-to-Cash team of Finance department.
- Developed high-performing teams by providing mentorship, guidance, and opportunities for professional growth.
- Enhanced team collaboration through regular communication, goal setting, and performance evaluations.
- Provided support and guidance to 120+ franchisees from all over the world.
- Established a culture of continuous improvement by fostering open communication channels and empowering employees to voice their ideas.
- Cultivated a positive work environment that fostered employee engagement, increased retention rates, and boosted overall team morale.
- Facilitated cross-functional collaboration for improved decision-making processes within the organization.
- Implemented innovative solutions to solve complex problems, resulting in increased productivity and streamlined operations.
N.A. Assistant Controller
Berlitz Languages Inc.
09.2006 - 03.2017
- Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
- Streamlined month-end closing procedures, reducing time spent on manual tasks and increasing efficiency.
- Facilitated cross-functional collaboration by partnering with other departments on special projects aimed at improving overall company performance.
- Mentored team of 10-15 members in accounting best practices, fostering a positive work environment and professional development opportunities.
- Collaborated with external auditors to ensure compliance with regulations and successful completion of audits.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
- Managed outstanding balance amounts by evaluating reports and determining collection statuses.
- Accurately completed financial statement and SOX audits and thoroughly reviewed results with management.
Accounting Manager
Berlitz Languages Inc.
06.1999 - 09.2006
- Managed accounting functions with team of 6-7 accountants for 30-40 US language centers.
- Reviewed and approved team's journal entries, reconciliations, and account analyses.
- Contributed to successful external audits, preparing all necessary documentation and facilitating auditor inquiries.
- Managed state and local tax filings with accountant, ensuring accuracy and compliance with changing tax laws.
Regional Controller
The Loewen Group
04.1995 - 06.1999
- Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
- Led a team of accounting professionals in achieving department goals while fostering a positive work environment.
Senior Accountant
The Loewen Group
04.1995 - 04.1997
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
Staff Accountant
Heffler, Radetich & Saitta
02.1994 - 04.1995
Staff Accountant
Trans World Airlines, TWA
09.1993 - 01.1994
Education
Bachelor of Science - Business Administration
Monmouth University
West Long Branch, NJ01-1993
Skills
- Effective leader
- Relationship building
- Verbal and written communication
- Decision-making
- Team management
- Strategies and goals
- Staff training/development
- Time management
- Cross-functional team leadership
- Process improvements
- Technical Skills: NetSuite (ERP), Salesforce, Excel, Teams
Timeline
Director
Berlitz Languages Inc.
04.2018 - Current
N.A. Assistant Controller
Berlitz Languages Inc.
09.2006 - 03.2017
Accounting Manager
Berlitz Languages Inc.
06.1999 - 09.2006
Regional Controller
The Loewen Group
04.1995 - 06.1999
Senior Accountant
The Loewen Group
04.1995 - 04.1997
Staff Accountant
Heffler, Radetich & Saitta
02.1994 - 04.1995
Staff Accountant
Trans World Airlines, TWA
09.1993 - 01.1994
Bachelor of Science - Business Administration
Monmouth University
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