Jeffrey Solomon

Jeffrey Solomon

Summary

Proactive, broad-based financial leader, developed policies/processes to ensure the financial integrity of service, software and wholesaling companies. Designed accounting, HR, and IT strategies to reduce costs, drive efficiency improvements, and ensure profitability. Strengthened operations, shortened processing time and improved quality.

  • Analyzing operations to appraise performance vs. budget and improve metrics
  • Re-engineering/strengthening control processes to improve accuracy/quality of reporting
  • Designing financial support systems to enable growth from startup to established firm
  • Implementing budgeting regimen to drive profit growth
  • Presenting monthly statements and strategic recommendations to Board and Executive Team

Known as a change agent, I utilize leadership and communication skills to motivate and train staff. Highly analytical, I rapidly synthesize information to solve problems and make timely, high quality decisions. A quick learner, I pick up technology with ease.

Work History

Work History
2004 - 2011

Chief Financial Officer

UPM Global, LLC

Wholesaler/retailer and assembler of collectible coin sets.

Reporting to managing partner, directed finance/accounting activities including operations analysis, HR, and IT for a consumer products wholesaler/retailer marketing to e-commerce/catalog vendors. Managed accounting staff in A/P, A/R, monthly closings/reporting, internal auditing, cost accounting and adherence to budget.

  • Saved $125,000 by converting accounting department to QuickBooks in 2011
  • Created work flows within the accounting department to clarify roles and responsibilities
  • Worked with tens of thousands of SKU’s, tracked costs, directed financial planning and created accounting practices for capital budgeting and inventory
  • Cut costs by 41% by migrating the payroll system to lower costs and reducing internal time spent on semi-monthly payroll
  • Reduced costs by 40% annually by successfully replacing six-year old computers with new systems
2003 - 2004

Controller

Melton Franchise Systems, Inc.

Territorial franchisor for janitorial services throughout the Western United States.

Reporting to CEO, managed accounting department and network operations for $10M franchisor for Coverall Cleaning Concepts selling janitorial franchises and janitorial services.

  • Streamlined accounting procedures and restructured use of financial accounting system, saving 20%
  • Directed IT for multiple locations and successfully replaced out-dated hardware to increase inter-office connectivity
1999 - 2003

Director of Finance & Administration

Facility Information Systems, Inc.

Leading corporate real estate and facility management software developer with a government and corporate client base including GSA, US Department of Commerce, US Navy, US Courts, Ford Motor Company, Cisco, Intel, Verizon and the Government of Alberta, Canada.

Held CFO/Controller responsibilities and managed HR and MIS functions.

  • Facilitated company’s growth from startup to established hi-tech firm while establishing departments for Accounting, Human Resources and MIS
  • Managed daily cash flow projecting income and expenses over a forward-looking six months
  • Worked on M&A activities and private stock placements
  • Reported to the Board of Directors on a monthly basis
  • Worked with landlord to expand office space

Education

Education

Skills

Skills

Financial Skills

GAAP / P&L / FP& A Variance Analysis Cash Flow Management Cost Controls Capital Budgeting Forecasting & Reporting Debt & Equity Financing IT Systems & Support Banking & Vendor Relations Human Resource Management Payroll & Compensation Network Administration