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Michael E. Costa CPA, P.C.

Certifications

Certified Public Accountant, 1981: New York State

Education

MBA, Fordham University, New York, 1981
BS, Fordham University, New York 1974

 

Professional Experience


Michael Costa CPA and Associates - 1990-present
 

  • Perform tax planning, tax compliance, corporate tax returns, fiduciary tax returns, financial planning, financial reporting via computerized systems for over 250 business clients

  • Manage over 450 personal tax returns to meet tax compliance

  • Support business clients with sales ranging from $250K in excess of $45 Million

  • Financial investigation, restructure analysis for business mergers, acquisitions or matrimonial distribution

  • Expert in forensic accounting in trial preparation


Chief Financial Officer - $650 Million Dollar Company
Kozy Shack Food - 1988-1990

Administered development, generation and executed $3 Million in positive cashflow though more effective computer systems, cost accounting systems, banking relationships, shutting down frozen fruit business, and focusing on pudding business.

Best Foods Baking Group Division CPC International Controller - $4.1 Billion Dollar Company
Arnold Foods/Thomas’ English Muffins -  1986-1988
 

  • Performed financial reporting, 10K and 10Q issues

  • Consolidated financial statements for 48 units and their tax issues

  • Developed and integrated Arnold Foods Company’s 6 decentralized accounting systems into CPC International’s system

  • Financial management of 100 professionals and 350 staff members who monitored over 100 Million monthly transactions

  • Successfully sold Arnold Foods Company to CPC International through a leveraged buy-out


Vice President, CFO, Vice President Operations
Boise Cascade Corporation - 1981-1985
$500 Million Paper Wholesale Division
 

  • Responsible for financial reporting, applicable SEC filings, tax considerations and divisional FASB compliance

  • Maintained Fixed Assets, Receivables, Payables, Credit and Stock records

  • Supervised Programming Data Processing

  • Reduced warehouse expense by $3 Million in a 24-month period

  • Executed and financed division to operate as successful leveraged buy-out

 

Financial Manager
Revlon, Inc. Health Care Division - 1978-1981
 

  • Developed a computerized cost accounting procedure that increased revenues by $50 Million

  • Resolved consolidation and accounting related issues for 60 operating subsidiaries (15 domestic and 45 international)

  • Responsible for FASB interpretation, SEC 10K, 10Q and foreign exchange issues

 
Senior Auditor
Coopers and Lybrand - 1974-1978
 

  • Diversified client base, including American Can, Ciba-Geigy

  • Completed audit, tax, SEC, write-up and tax planning

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