Michael Closter, CPA
Summary
Proficient Chief Financial Officer knowledgeable about financial leadership and operational needs.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
Capital Interior Contractors, Inc.
08.2014 - Current
- Monitored daily cash flow and cash flow projections.
- Prepared financial data for stakeholders.
- Coordinated bank and treasury management.
- Created and provided required monthly schedules for bank.
- Negotiated line of credit terms.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Developed budgets and breakeven schedules.
- Spearheaded and performed due diligence for business acquisition.
- Trustee of 100% ESOP.
- Coordinated ESOP ancillary consultants and oversaw governmental compliance.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Established strong relationships with external stakeholders.
Chief Financial Officer
Howell's Heating & Air Conditioning
06.1996 - 08.2014
- Oversaw budgets, payroll, and accounts payable and receivable.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- ESOP Trustee - responsible for ESOP oversight and coordination of ancillary consultants.
Business Manager
Henkels & Mccoy
06.2001 - 06.2006
- Responsible for business operations of field offices in Southeast US.
- Liaison between corporate office and major customers.
- Responsible for collecting large accounts receivable balances.
Education
Bachelor of Science - Accounting
Virginia Tech
Blacksburg, VASkills
- Strategic financial planning
- Financial Management
- Financial Reporting
- Regulatory Requirements
- Executive Leadership
- Profit and Loss Management
- Cash Flow Management
Certification
Certified Public Accountant, 1991
Timeline
Chief Financial Officer
Capital Interior Contractors, Inc.
08.2014 - Current
Business Manager
Henkels & Mccoy
06.2001 - 06.2006
Chief Financial Officer
Howell's Heating & Air Conditioning
06.1996 - 08.2014
Bachelor of Science - Accounting
Virginia Tech
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