1. Robert J. Papa, CPA
8 Cindy Court ~ Westbury, NY 11590
H: (516) 333-5925 ~ W: (631) 434-2885 ~ M: (516) 428-1911
e-mail: Rpapa119@Gmail.com
SUMMARY
Financial professional with over 20 years of financial reporting and corporate accounting experience, including
seven years of auditing in both corporate and public accounting. Gained exposure to various industries
including semiconductor manufacturing, publishing, media and insurance. A detail-oriented and self motivated
individual with excellent organizational, communication and leadership skills. Core competencies include:
SEC & GAAP Reporting Accounting Operations Cash Management
Global Consolidations Financial Systems Development Process Improvement
Sarbanes-Oxley Compliance Budgeting, Forecasting & Analysis Accounting Policy & Procedures
PROFESSIONAL EXPERIENCE
Standard Microsystems Corporation ~ Hauppauge, NY 2006 to Present
($400 million NASDAQ designer and seller of silicon-based integrated circuits)
Senior Manager, Financial Reporting & Consolidations
Preparation of SEC Forms 10-Q, 10-K, 8-K and proxy filings. Liaison to the Company’s external auditors,
coordinating year-end audits and quarterly reviews and providing comprehensive fluctuation analysis of major
accounts. Research, develop, and implement new standards focused on revenue recognition and significant and
non-standard transactions, as well as changes in GAAP, FASB, SEC, IASB, IFRS, and related policies and
bodies. Manage monthly accounting close and preparation of monthly internal financial statements and
consolidation of international subsidiaries with multiple currencies. Provide senior management with monthly
product line reporting and analysis, and analysis of consolidated business results.
• Developed purchase accounting adjustments, due diligence and integration for recent business acquisitions.
• Created discounted cash flow and market multiple valuation models used in goodwill impairment analysis.
• Prepared pro forma financial statements and disclosures included in SEC Forms S-4 and 8-K filings.
• Determined revenue recognition policies on multiple deliverable contracts that included software elements.
• Designed reporting hierarchies and cash flow mapping for SAP BPC consolidation system implementation.
• Participated in update of SOX scoping design including risk and controls assessment and process rankings.
• Created consolidated cash flow model accounting for F/X rate changes for entities with multiple currencies.
Martha Stewart Living Omnimedia, Inc. ~ New York, NY 2001 to 2006
Assistant Controller, Corporate Finance
Managed the monthly accounting, financial reporting and analysis processes for the publishing, merchandising,
television, internet/direct commerce and corporate segments, including Peoplesoft general ledger, accounts
payable, billing and collections, payroll, cash management and corporate budgeting and expense management.
Preparation of GAAP financial statements, footnotes, exhibits and disclosures for SEC Forms 10-K and 10-Q.
Acted as liaison to the Company’s external auditors, coordinating year-end audits and quarterly reviews.
• Developed integrated Form 10-K and 10-Q reporting model, linking all financial statements, footnote tables,
exhibits and analyses to improve efficiency, accuracy and control over statement preparation and analysis.
• Coordinated all subscription and newsstand accounting and reporting with fulfillment vendor Time
Customer Service and distributer Warner Publishing Services, Inc.
• Coordinated integration of two publications acquired, Body + Soul and Dr. Andrew Weil’s Newsletter.
• Developed and tested financial reporting requirements as part of conversion to Peoplesoft ver. 8.4.
• Prepared business process control memos as part of Sarbanes Oxley compliance implementation.
• Created daily cash balances reporting process for senior management, integrating online bank downloads.
2. Robert J. Papa, CPA Page Two
American Family Publishers, A Time, Inc. Company ~ Jersey City, NJ 1999 to 2001
Director, Accounting and Treasury
Managed the accounting and treasury functions for all domestic and international magazine and merchandise
operations, including monthly financial statement preparation and analysis, daily cash management, cash flow
reporting, forecasting and analysis, FIT, state and international sales tax returns.
• Directed GL conversion and testing for Y2K compliant version of Solomon GL software.
Cologne Life Reinsurance Company ~ Stamford, CT 1997 to 1999
Director, Investment Accounting & Treasury
Managed and directed the investment accounting and treasury functions, including daily cash management, cash
flow reporting and analysis, accounts payable, general expense and budget. Participated in quarterly statutory
and GAAP financial statement process, preparing all investment exhibits, MD&A narratives.
• Established new bank accounts, software and security procedures for wire and ACH transfers, controlled
disbursement and positive pay checking. Re-negotiated custody fees, saving $100k/year.
American Mayflower Life Insurance Company ~ New York, NY 1993 to 1997
Assistant Vice President, Financial Reporting & Analysis
Managed the Statutory and GAAP quarterly financial reporting and analysis process, including GAAP financial
statement preparation and analysis, statutory annual statement and filings, risk-based capital reporting and A.M.
Best reports. Responsible for general accounting and treasury, including cash management, accounts payable,
T&E compliance, bank reconciliations and budget and expense reporting.
• Prepared analysis of quarterly GAAP earnings by line of business on a source of profits basis.
• Compiled annual operating plan and expense budget, including five year financial forecasts.
William Penn Life Insurance Company ~ Garden City, NY 1990 to 1993
Assistant Controller / Director of Finance
• Prepared consolidated financial statements on GAAP basis and statutory quarterly and annual statements.
• Responsible for financial reporting, financial systems analysis, budget and cost and general ledger.
The Guardian Life Insurance Company ~ New York, NY 1986 to 1990
Supervisor, General Auditing
• Planned, supervised, and reviewed financial and operational audits.
• Presented audit reports to the Board of Directors.
US Life Corporation ~ New York, NY 1984 to 1986
Supervising Senior Auditor
• Supervised and reviewed financial and operational audits.
Grant Thornton ~ New York, NY 1982 to 1984
Semi-Senior Auditor
• Planned, performed and supervised financial audit engagements for clients in the brokerage industry.
EDUCATION
Hofstra University
Master of Business Administration, Finance 1990
Bachelor of Business Administration, Accounting 1982
CERTIFICATION
Certified Public Accountant, State of New York
