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Work experience

Sep 2010Present

Controller

World Marketing, Inc.

$10 million design, manufacturing, and wholesale sportswear company.

Leads day-to-day operation of the Finance and Accounting department.  Financials; Monthly Borrowing Base; Cash Management; Letters of Credit; banking relationships; sales commissions; Factoring; interaction with local and foreign vendors.  Costing of imported goods.  ASN, EDI, A/P, A/R, Production, and Shipping departments’ oversight.

Mar 2008Nov 2009

Controller

Nina McLemore, Inc.

$10 million boutique designer and manufacturer for professional and executive women.

Directed all accounting activities.Brought investors reporting up to date and current.Prepared multi-state sales tax returns (36).Managed cash flow updates on a weekly basis.Monitored inventories and production discrepancies. Mentored accounting team to succeed in a dynamic work environment.

Mar 2006Feb 2008

Controller

The Worth Collection, LTD

$70 million nationwide design, manufacturing, and direct sales company of custom-designed luxury women’s clothing.

Led day-to-day operation of the Finance and Accounting department. Directed all aspects of accounting for five outlet stores.

  • Increased process accuracy, and exceeded financial reporting the requirements of the new major Private Equity shareholder.
  • Presided over migration and implementation from Great Plains to Axapta.
Jul 2005Dec 2005

Financial Director and SOX Team Leader

Interpublic Group (IPG)

$7 Billion global publishing, communication and marketing agency.

Developed business plan for Draft Montreal subsidiary.Successfully implemented Sarbanes-Oxley (SOX) remediation plan.Completed multi-year financial results restatements.Prepared 2004 tax reporting of 11 companies for SEC filing.SOX Audit team leader at Draft Paris and Lowe Paris subsidiaries.

Jan 2005May 2005

CFO

M. London, Inc.

$20 million fast-growing handbags and fashion accessories importer and wholesaler, Roca Wear and Pepe Jeans licensee.

Directed accounting, year-end audit and tax filing, banking and cash management, employee benefits, human resources, data processing, and adjust insurance coverage to appropriate levels throughout the company’s operations.

Sep 2001Jan 2005

Controller

Clothiers / RIC Apparel Group

$16 million wholesale manufacturer for major retail department stores.  Company discontinued operations in 2005.

Developed comprehensive business and marketing plans with integrated metrics-based budgets for several business units.Worked with executive team to monitor achievement of cash flow targets on a weekly basis.

  • Monitored and coordinated global sourcing of fabrics and raw materials stored at factories, mills, and warehouses locally and overseas.
  • Coordinated worldwide Production operations, yield and quality control.Managed all finished goods distribution logistics. Processes include ASN, EDI, partial shipments and replenishment fulfillment tailored to meet customers’ specific needs.
  • Negotiated factoring agreement reducing the interest rate by 2 percentage points, and commission rate by 0.3 points (from 1% to .07%).
Nov 2000Sep 2001

Controller

Global Finance Media

Subscription-only magazine with circulation of 50,000 and offices in New York, London, and Milan.

Formalized the strategic planning, forecasting and budgeting process.  Developed and implemented the company’s Business Continuation Plan.  Completed 3 years of delayed financial closings and tax filings.  Personally established London, UK, accounting department.

  • Managed majority shareholder relationship securing $1.5 million in funding for continuing operations.
  • Secured a $600,000 continuing line of credit.  Negotiated with printing house & vendors reducing costs by 10%.
Jan 1999Nov 2000

Controller

Worldwide Weather Trading Company

Startup company and a pioneer in the weather derivatives industry. Company ceased operations in 2000.

Directed the creation of the 5-year business plan to secure $200 million in bonds and to achieve an S&P rating.

19931998

Controller / Assistant Vice President

S G Energie (USA) Corp.

U.S. subsidiary of Société Générale, a leading French bank, trading petroleum and related commodities.

Developed policies and procedures for accurate accounting using MAS 90.  Designed systems and controls to improve reporting accuracy.  Met risk and regulatory requirements.  Improved profitability and productivity by building strong teams.

19871991

Senior Auditor

Stephen M Brown, CPA

Yellow Book Audit for municipalities, and Audits for Not-For-Profit organizations.

19801984

Cost Accounting Manager

Arabian Polyfab

international building contractor with over 30 global suppliers, and 2,400 employees.

Education

References

Sebuh Usta

William Fischer

Peter Lister

My Résumés

Endorsements

Summary

A senior financial executive and accomplished strategic planner.Offers a record of success in a broad range of transactions with organizations undergoing rapid change and increasing competitive pressure.

Recognized for ability to use strong analytic, planning, and organizational skills in the development and implementation of innovative solutions to complex financial challenges and business problems.

Foreign Languages

French, Arabic, and Armenian

Software

  • Microsoft Dynamics GREAT PLAINS
  • Microsoft Dynamics AXAPTA
  • MAS 90
  • ARIA Manufacturing ERP
  • QuickBooks
  • Hyperion
  • Microsoft Office Suite
  • Apparel 2000

Experience

  • SOX Compliance
  • Budgeting & Forecasting
  • Strategic Planning and Analysis
  • Financial Reporting
  • Cost Accounting
  • Internal & External Audits
  • 401K & Benefits
  • Corporate Tax
  • Multi-State Sales Tax
  • GAAP
  • Consolidations
  • Investor & Shareholder Relations
  • Cash Management
  • Royalties & Licenses
  • Revenue Recognition
  • ERP Implementation
  • Negotiations
  • International Experience

Selected Accomplishments

Restructured department to meet record-keeping requirements.  Recruited to turn around Nina McLemore Inc.’s accounting department.  Implemented policies and SOPs to produce accurate financial reports.  Increased timeliness of month-end reporting from 90 to 30 days, and simplified audit procedure reducing billable hours by 30%.

Stabilized financial infrastructure to sustain rapid company growth.  M. London required a total reorganization of their finance, accounting, inventory, collection and customer service functions within a very short time.  Built and deployed a formal and scalable financial system within four months, enabling and supporting the company’s aggressive expansion.

Reengineered infrastructure, decreasing expenses.  Market conditions forced the consolidation of Clothiers/RIC Apparel Group.  Planned and orchestrated the company’s financial restructuring, integrating multiple locations, saving over $160K per year.

Captured lost revenues.  Clothiers/RIC Apparel Group was absorbing excessive chargebacks from major customers without raising questions.  Reached out to customers, resolving areas of contention with documentary support.  Reduced chargebacks by over 80%, totaling more than $200K in revenue recapture for the company.

Started up finance department.  SG Energie (USA) Corp was new to energy trading and had the potential to grow exponentially in the segment.  Created an accounting organizational structure that anticipated this opportunity, supporting expansion from $300M to $1.2 billion in two years without need for added personnel.

Community

Current Accountant, and former Treasurer and Board Member of the Armenian Catholic Eparchy of North America (U.S.A. and Canada), Queens, NY.

Former Treasurer of Boy Scouts of America Troup 16, Washingtonville, NY.

Current Board Member, and former Treasurer of Orchard Lake Homeowners Association, Monroe, NY.