Livingston, New Jersey, United States
As a proficient and visionary executive, I possess a sterling reputation for spearheading transformative financial strategies that propel sustainable growth. With a seasoned expertise in orchestrating strategic initiatives, I specialize in seizing market opportunities and maximizing shareholder value. Over the course of my progressive career, I have demonstrated my expertise in counseling C-suite executives, offering invaluable insights on mergers and acquisitions, capital allocation, and corporate governance. I am deeply committed to upholding the highest standards of integrity, ethics, and regulatory compliance, shaping the financial landscape of organizations with unwavering dedication. Connect with me to learn more about my expertise in the following areas: - Financial Strategy - Risk Management - Budgeting & Forecasting - Treasury Management - Corporate Governance - Stakeholder Management - Mergers and Acquisitions - Investor Relations - Compliance & Regulation Technical Acumen: MS Office (Word, Excel, PowerPoint) | Peachtree | Macola | QuickBooks | Sellercloud | Microsoft Navision
I assumed the CFO position with the objective of restructuring the finance team and optimizing operational workflows. Through strategic recruitment efforts, I onboarded skilled professionals to support our financial objectives. Moreover, I focused on rebuilding trust and fostering positive relationships with external stakeholders such as business partners, banks, and auditors to enhance our business partnerships and reputation. Among my key achievements, I: - Restructured cash management process, shifted loans to ABL, cutting interest expenses by over $140K, achieving a 60%+ reduction. - Overhauled billing process, enhancing collection accuracy, slashing outstanding receivables over 90 days by two-thirds, achieving a $2M reduction. - Enhanced banking relationships, refined cash application processes, transitioned to ABL, and implemented efficient remittance processes and a master sheet for document management. - Managed HR functions, including staff onboarding/offboarding, 401K, health insurance, and IT initiatives. Assisted in software integration across the organization. -Boosted operational efficiency by integrating an add-on to the ATS, centralizing critical documentation, improving cost efficiency, and streamlining document management
In this strategic role, I directed a thorough restructuring of the staff and accounting department, utilizing my expertise to oversee the integration of advanced add-on accounting software and processes. My focus was on ensuring a smooth transition that aligned seamlessly with the organization's goals. Among my key achievements, I: - Implemented innovative software, aligning ERP with accounting, achieving a substantial 30% reduction in staffing needs. - Analyzed warehouse operations thoroughly, established KPIs, and set performance standards, resulting in a noteworthy 16.2% decrease in payroll expenses. - Enhanced communication and collaboration between accounting and purchasing departments through a lead-by-example strategy, direct engagement with purchasing teams, and positive influence on staff members.
In my role as the Corporate Restructuring Group Controller, I performed thorough assessments of companies, identifying crucial bottlenecks in their operations. In addition, I developed strategic plans and initiatives to evaluate and enhance their internal processes. Among my key achievements, I: - Developed a targeted marketing plan focusing on auto insurance agents and professional networks, leading to a notable 23% sales increase. - Implemented a cost reduction and incentive plan by introducing a just-in-time purchasing system, resulting in a remarkable 31% boost in cash flow. - Introduced new budgeting and cash flow projection processes, creating customized templates and comprehensive P&L statements using bank statements for all partners.
In my role as the Chief Financial Officer, I assumed responsibility for overseeing all financial aspects of the organization. My focus was on driving improvements within the finance team, conducting meticulous contract reviews to ensure accuracy and adherence to initial business terms, implementing strategic tax planning initiatives, and effectively managing direct reports from the HR teams. Among my key achievements, I: - Established KPIs and introduced incentive plans in the warehouse, leading to a noteworthy 12% decrease in operational costs. - Implemented a new payroll system, streamlining HR operations, reducing staff numbers, and transitioning to an automated self-service platform, resulting in decreased expenses and enhanced operational efficiency. - Spearheaded the adoption of a new corporate culture focused on cross-functional collaboration, while also serving as a model leader, nurturing a culture of learning within the organization. - Successfully negotiated vendor agreements, resulting in expense reduction and the establishment of a new profit center through strategic alliances with shipping carriers, saving an additional $150K in shipping costs. - Overcame challenges with banking partners to ensure prompt payments to key vendors, thereby maintaining strong vendor relationships and financial integrity.
I revamped the organizational structure by strategically reorganizing our business staff and introducing new teams to enhance internal operations. Throughout this process, I offered leadership and oversight to a dedicated 6-member financial department team. Among my key achievements, I: - Overhauled cash and accounts receivable procedures, cutting line of credit by 38%. Streamlined team structure for seamless implementation and success. - Introduced operational bonus and payroll systems, pinpointing organizational challenges. Boosted team engagement, culminating in a 10% decrease in payroll costs.