ALBERT E. GENCARELLA, MBA, CPA
Middletown, NJ 07748
Home: 732.957.9681 Cell: 732.778.7505 Email: aeg1144[at]comcast.net

Chief Financial Officer
Summary
Senior financial executive with a solid record of achievement as a Chief Financial Officer and Controller of multidivisional public and private companies, with demonstrated history of creative cost reductions and the managerial and technical skills to produce timely and accurate internal financial statements and public filings.

QUALIFICATIONS AND KEY ACHIEVEMENTS:
Hired and developed competent financial management and staff.
Improved procedures to produce more timely and more accurate financial reports.
Implemented procedures to streamline billing and improve cash collections.
Identified and implemented substantial cost reductions.
Established responsive budgeting processes, interfaced with internal financial statements.
Completed acquisitions, including negotiations, due diligence and assimilation.
Procured over $100 million of equity and debt financing.
Managed and prepared SEC filings and SOX implementation.

Professional Experience
Interim Chief Financial Officer, 2008-2009
I recently served as an interim Chief Financial Officer for several early stage companies involved in installation of cable television services, international long distance, and broadband communications. My primary duties were to improve financial reporting in preparation of the annual audit and to prepare financial projections and offering memorandums to raise new capital.

Chief Financial Officer, Berliner Communications, Inc. 2006-2007
Public company that provides site construction services to communications companies:
Prepared SEC reports and led the initial implementation of Sarbanes-Oxley; Designed and implemented a budget process and improved internal financial reporting; Streamlined and improved output from a Timberline based percentage of completion job cost system; Implemented revised billing procedures to improve cash collections; Procured new senior and convertible debt and maintained relationships with investors and lenders; Successfully negotiated key acquisition agreements and performed due diligence.


Chief Financial Officer, Dianet Communications, Inc. 2004-2006
A startup company involved in constructing distributed antenna systems for wireless companies:
Raised $1 million of private equity from investors and subsequently prepared an offering memorandum and raised $12 million of equity and debt from an investment fund; Participated in preparation of successful RFP for the construction of wireless telephone system on the New York City Subway platforms and procured a $130 million financial commitment for that subway project; Established budgeting and financial reporting system.
President and COO, Oceanic Digital Communications, 2001-2004
A Domestic company with wireless telephone operations in the Caribbean and Central America:
Increased the number of paying subscribers from 25,000 to over 100,000 and increased revenue and reduced expenses to achieve positive cash flow; Procured $30 million of debt financing; Managed the construction of a wireless telephone system on a major Caribbean Island.

Senior Vice President, Financial Business Operations, Metrocall, Inc. 1998-2001
A company involved in nationwide paging:
Initiated extensive cost reduction programs generating savings of $30-40 million per year to improve cash flow; Implemented expanded marketing programs to reduce the decline in subscriptions and procured $30 million in financing for two way pagers.

Senior Vice President, Finance and Operations, Novocomm 1995-1998
Early Stage Company involved in communications and media businesses in Russia and Ukraine:
Prepared offering memorandum and raised $8.5 million of equity capital; Served as liaison with Russian partners; Brought in a key strategic investor/partner; Prepared timely and accurate financial statements for investors and senior management.

President and Chief Operating Officer, Infopage, Inc. 1989-1995
Financially troubled paging and call center Company:
Increased subscriptions from 20,000 to over 100,000 customers, increasing revenue while reducing staff and other costs to improve EBITDA from negative to 33% of revenue; Successfully divested call center operations and raised $40 Million in debt and equity financing for an acquisition; Negotiated the successful sale of the Company.

Vice President, Finance, American Cellular Network Corp. (Amcell). 1985-1988
Public startup cellular telephone Company:
Prepared financial reports and SEC filings; Implemented billing and customer management systems; established budgeting and financial reporting system; Procured $8 Million in equity financing; Prepared offering memorandum and participated in the successful sale of the company.

Controller, Comcast Corporation 1978-1985
Cable television operating company:
Initiated procedures to produce more timely financial statements; Prepared financial reports including SEC filings; Developed automated financial reporting system integrated with budgeting processes for all cable television systems; Worked closely with operating management to facilitate cost reductions and maximize operating profits; reviewed, negotiated and led the implementation of subscriber billing systems; Led the analysis and due diligence for several acquisitions.

Senior Supervisor, Deloitte & Touche 1973-1978
EDUCATION and Other:
MBA, University of Rhode Island
B.S. Accounting, University of Rhode Island
Certified Public Accountant
Veteran-U.S. Army