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EDWARD H.

GLASSER
Certified Public Accountant
Chartered Global Management Accountant
P.O. Box 106

Cell (908) 303-9193


edward.glasser@gmail.com

Stanton, New Jersey 08885-0106

Member American Institute of Certified Public Accountants


New Jersey Society of Certified Public Accountants
Highly accomplished, results driven senior accounting and finance management executive with more than 20
years of progressive experience in finance and operations management with multi-million dollar organizations.
Demonstrated ability to streamline business operations that drive growth and increase efficiencies and bottom
line profit. Strong qualifications in developing and implementing financial controls and processes in addition to
productivity improvements. Possesses solid leadership, communication and interpersonal skills to establish
rapport with all levels of staff and management.

CORE QUALIFICATION AND AREAS OF EXPERTISE


Accounting and Financial Management
Financial Analysis and Reporting
Resource Management
Systems and Technology Utilization

Budgeting and Forecasting


Generally Accepted
Accounting Principles
Risk Management
Taxation

Controllership and Decision Support


Profitability and Cost Analysis
Strategic Planning
Treasury Management

___________________________________________________________________________________________________

Chief Financial Officer - Daybreak Express, Inc. Newark, N.J.

2001 to 2015

Nationwide Transportation and Logistics enterprise operating throughout the United States with locations in
Newark, NJ and Selma, NC with revenues from $20M to $50M. Held full accountability for all financial operations
including all financial planning and analysis, regulatory and tax compliance, treasury, cash, acquisitions,
accounting and executive reporting. Managed a direct staff of 8, and the IT area, as well as an indirect staff of
approximately 180.

Helped contribute to the growth from 65 pieces of revenue equipment to in excess of 360. Revenue growth
of 250%, EBIDTA increase of 452%.
Key member in the development and execution of the short and long term strategic planning and the
allocation of resources in pursuit of the strategy.
Monitored and reviewed expenses and costs to consistently target a 30+% gross profit margin as well as
controlling all other expenses to maximize profit.
Helped with the culture and development of safety and loss control to mitigate risk. Consistently controlled
the insurance costs and annual premiums far below our peers. In 2014 completely overhauled the
insurance portfolio thereby realizing a $480,000 bottom line savings.
Prepared and presented full disclosure management's report to the Board of Directors for a multi-entity
environment, which aided in decision making processes. Communicated results to banks and other
stakeholders.
Developed and directed financial data tools to provide accurate information to the CEO and the senior
management team.
Coordinated proper and timely fulfillment of tax returns and various audits.
Remained in contact with staff to ensure open lines of communication as an open and involved leader.
Developed a cross training program to create a positive and efficient working environment. Acquired and
developed talent by constantly challenging them and pushing them beyond what they believed they could
accomplish thereby building their confidence and value.
Negotiate cash credit lines for company's major banks. Familiar with accounts receivable financing as a
source for corporate working capital. Also generated letters of credit to secure certain risks. I was also
successful in persuading bank to release personal guarantees.

Controller, Director of Operations - Chicco USA, Inc, Bound Brook, N.J.

1999 to 2001

As a controller and director of operations of a US subsidiary for a multibillion dollar worldwide toy and juvenile
distributor, I was completely responsible for all accounting, planning and operational activities of over a dozen
individuals. Acted as liaison with parent company in communicating financial results and management
objectives.

Developed and implemented strategies that increased product awareness, market share and profitability.
Effectively managed inventory with close attention to budgets, timeframes, order fulfillment quantity and
product specifications.
Spearheaded the consolidation of two separate warehousing operations thereby reducing overall inventory
costs by approximately 35%.
Reorganized and streamlined the functional responsibilities of six employees in the accounting department
in order to provide them with a better understanding about the way their job responsibilities fit into the
overall objectives of the department. This improved the morale of all the employees, which maximized
productivity and provided more timely information to management.

Controller - Catco Overseas Enterprises, Inc, Port Reading, N.J.

1994 to 1999

Nationwide marble and granite distributor operating throughout the United States with revenues of $20M. Held full
accountability for all financial operations including all financial planning and analysis, regulatory and tax
compliance, treasury, cash, acquisitions, accounting and executive reporting.

Established policies and procedures for measuring credit worthiness and expending credit to new
customers.
Implemented new accounting system and cash management policy resulting in increased cash flow
thereby eliminating over $600,000 in short term debt.
Established procedure for measuring the float time of disbursements exceeding 1 million dollars per month
which generated over $300,000 of cash for working capital purposes.
In reviewing corporate insurance portfolio for the year prior to my tenure, discovered that the company had
significantly overpaid insurance premiums, resulting in substantial refunds. Additionally, I successfully
controlled the replacement of improved group insurance at lower costs.
Significantly reduced annual audit costs by preparing full disclosure financial statements and work papers,
and presenting them for audit. Also took on personal accounting and tax responsibilities of principals.

Controller - Cathy Daniels Ltd, New York, N.Y.

1993 to 1994

As controller for a manufacturing corporation, direct the activities of 6 accounting employees in the handling of
the financial records of 7 separate corporations. Fully responsible for corporate insurance portfolio including
group health coverage and all corporate policies.

Installed a product costing program for a manufacturing company, utilizing bills of materials for finished
products that interfaced standard cost values with actual costs to determine profitability by product and
product line.

Various Local and Regional Public Accounting Firms

1983 to 1993

Robert A Goodman & Co CPA's, New York, N.Y.


Trien Rosenberg Felix Rosenberg Barr & Weinberg CPA's Morristown, N.J.
Armus Harrison & Company CPAs, Mountainside, N.J.
Smolin Lupin & Co CPA's, West Orange, N.J.

Supervised and directed the activities of lower level staff members in field audits of various business
entities including manufacturing, construction, non-profit organizations, service industries and employee
benefit and pension funds.
Designed new accounting system for a non profit client of major CPA firm, and played a key role in guiding
the client's personnel in the installation of the new procedures which reduced audit time by 20%.
Familiar with various SEC filings of publicly held companies including quarterly and annual 10Q & 10K
filings.

EDUCATION

Bachelor of Science Accounting, Rutgers University


Certified Public Accountant
Chartered Global Management Accountant 2012

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