JOHN PETRUZZELLI

140 Guernsey St., #1R Residence Phone:

Brooklyn, NY 11222 718.383.2426
SUMMARY
Experienced Accounting Professional with experience in television and cable indu
stries, Strong expertise in financial analysis, audit and designing effective co
ntrols. Recognized by management for effective interpersonal and communication s
kills used to facilitate the realization of departmental and organizational goal
s.

PROFESSIONAL EXPERIENCE
THE WALT DISNEY COMPANY/ABC, NEW YORK, NY
Control Accountant Cable Network Revenue 2007 to 2010
Asked by management team to implement a control accounting system for the SoapNe
t and Toon Disney Cable networks with Gross Time Sales exceeding 54 million doll
ars per year. Responsible for the creation of a system of checks and balances en
suring that all commercial spots contracted to air within the 24 hour 7 day a we
ek time frame were accurately accounted for and subsequently billed.
a Initiated accounting controls for two revenue systems and created several exce
l worksheets that were utilized to ensure that all commercial spots were being c
orrectly recorded and revenue accurately realized.
a Identified and implemented processes to streamline reconciliation and improved
speed of reporting.
a Created excel spreadsheet and partnered with technology on data downloads that
enabled monthly invoicing and expedited resolution of billing issues.
a Supervised the smooth transition of all newly established cable accounting con
trols assuring that they were implemented and utilized correctly by the revenue
department.
Control Accountant Revenue 2004 to 2007
Directly involved in the testing and implementation of the new Network Billing J
ournal Entry System in order to achieve a complete transition of all accounting
functions from the old Legacy system. Formulated several excel worksheets to qui
ckly isolate any differences between the mainframe Legacy billing system and new
window based Network Journal Entry System.
a Closed the books for revenue on a monthly basis by balancing Billing Reports,
updating the Legacy to SAP conversion tables and processing journal vouchers.
a Led a concentrated effort to reconcile out of balance general ledger and manag
ement reporting issues. Resolved discrepancies and posting all adjusted entries
to the general ledger.
a Prepared Monthly and Quarterly Gross Time Sales reconciliations balancing thre
e different systems simultaneously and preparing all required adjusting entries.
a Balanced all general ledger revenue and commission accounts on a weekly, month
ly and quarterly basis.
a Trained new staff as needed and provided subject matter expertise to other dep
artments.
a Reconcile Trading Partner activity on a weekly basis ensuring that all interna
l and external agencies have been correctly billed and corresponding revenue has
been recorded.
Control Accountant Accounts Payable 2002 to 2004
Requested by management to create a balancing procedure and corresponding worksh
eets to be utilized in the daily and weekly reconciliation procedure needed in t
he application of a new accounts payable system.
a Performed all daily and weekly reconciliation of balance sheet accounts genera
ted through the accounts payable system.
a Participated on various special projects on a regular basis, reconciling expen
se accounts and preparing tax audit worksheets requiring detailed research and a
nalysis as well as comprehensive data troubleshooting.
a Functioned as a liaison between senior accountant, administrative accountant,
treasury department and accounts payable managers,
a Balanced all general ledger cash accounts on a daily basis and control and aud
it sub-ledger accounts, instituting all adjustments.
a Downloaded accounts payable information to bank for cash reconciliation, recon
cile invoice register, balanced unpaid vendor history and handle all daily and m
onthly accounting operations necessary to facilitate smooth and efficient operat
ions.
Junior Accountant a" Revenue 1997 to 2002
Directly involved in the parallel testing of a new online billing system insurin
g all transitions form the old manual billing system was accurately processed an
d correctly recorded.
a Analyzed billing variances between sales and revenue, prepared accrual entries
for monthly fiscal closing, generated discrepancy report controlling unbilled c
ommercial inventory and balanced sales contracts against TV network log.
Junior Accountant a" Disbursements 1995 to 1997
Responsible for insuring that the foreign impress accounts were accurately downl
oaded into the accounts payable system
a Reconciled AP transactions, calculated Canadian currency conversions and prepa
red monthly journal entries.
a Trained and supervised control clerk in all account balancing and reconciliati
on functions of foreign impress accounts.
a Supervised the processing of payment vouchers and purchase orders for various
high profile vendors. Responsible for the resolution all payment discrepancies o
r issues pertaining to these clients.

EDUCATION
BARUCH COLLEGE a NEW YORK, NY
Bachelor of Science Degree
Major: Management/Accounting
BOROUGH OF MANHATTAN COMMUNITY COLLEGE a NY, NY
Associate in Applied Science Degree
Major: Accounting

TECHNICAL SKILLS
MS Office, Word, Excel, Power Point, SAP, AS400