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VP Finance & Sales Operations

Location:
New York, NY
Posted:
March 05, 2015

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Resume:

SAVIO FERNANDES

***** ***** **, ********** *****, CA 92647

HOME 347-***-**** acolm6@r.postjobfree.com

CELL 657-***-****

FINANCE EXECUTIVE

Finance and Operational executive with 20 years of diverse industry

experience ranging from apparel, retail distribution and manufacturing.

Solid record of improving profits through achievement in financial

management, internal controls, cost reductions and productivity management.

Strong qualifications and proven areas of expertise in:

( P&L Management ( Budgeting ( Strategic Planning (

Operations Reengineering

( Financial Reporting ( Global Consolidation ( Sarbanes

Oxley ( Employee Development

( Investor Relations ( Accounting ( Leadership

( Cost Control Programs

CAREER ACCOMPLISHMENTS

( At Cole Haan, was a key player in making 2012 the biggest growth in the

history of the company.

( Actively cleared out 400k+ units of aged inventory by moving them faster

through the pipeline and offering strict discounts.

( Implemented processes for markdowns, returns, expense control and helped

save over $3 million in one year!

( At Perry Ellis, restructured the operations and improved the

expense/profit position of the division by $5 million.

( Reduced direct overhead costs from 31% to 23% of revenues by implementing

annual budget and tight control process.

( International Experience and well traveled. Can work permanently for any

employer in USA, Canada or Europe.

( Strong Leadership in the hiring, training and development of staff to

become best in class.

( Hard work, loyalty and dedication paved the way for SEVEN promotions in

the past FOURTEEN years.

PROFESSIONAL EXPERIENCE

COLE HAAN FOOTWEAR ( NEW YORK CITY, NEW YORK ( 2010 - present

Cole Haan designs and sells upscale footwear and accessories and also sells

its shoes, belts, hosiery, handbags, small leather goods, fine outerwear,

and watches online and in stores run by other retailers. Total Revenue

ending May 2014 was $600 million.

Vice President of Finance and Sales Operations ( Wholesale Division

( Oversee the monthly close and financial statement preparation while

creating detailed Annual Budget.

( Presented CEO and CFO with detailed commentary on the business (from

Revenue, margin and expense performance analysis) and also provided areas

for opportunities using key metrics models that showed better bottom line

margins.

( Improved Sales headcount by plotting each person geographic location to

key account and maximizing revenue volume.

( Implemented strict policies on managing and approving key metrics

(markdowns offered, returns, vendor agreements etc).

( Review the OTB's monthly with Planning team for Key Accounts to manage

their receipt flow and stock levels.

( Key Account partners include Nordstrom, Dillards, Macys, Bloomingdales,

Amazon, Saks among others.

( Work with Distribution located in Greenland, NH on improving efficiencies

and proper monthly order book management.

( Managed cash flow, inventory management, return on investment and

provided financial data to auditors (PWC).

( Oversee the building of 3-5 years strategic growth plans and creating

models for future growth opportunities by channel.

( Customized and presented best in class reports on a daily, weekly and

monthly basis on health of the business.

( Established company Travel Expense guidelines and other internal controls

that were missing and executed.

( Oversee all financial controls across all areas of distribution in

compliance with SOX 404.

( Recognized by top management for improving decision making process by

creating finance models & analytical reports.

( Reports to the President with direct dotted line to the CEO ; 5 direct

supervision with 30 Account Executives and Customer Service Team reporting

indirectly/dotted line into me.

PERRY ELLIS INTL ( MIAMI FL - LOS ANGELES, CA ( 2008 -

2010

Perry Ellis engages in designing, sourcing, marketing, and licensing

apparel products for men and women in the United States and

internationally. Publicly traded on NASDAQ:PERY. Total Revenue ending Jan

2010 was $754 million.

Vice President of Finance and Operations/Divisional CFO ( Wholesale

Division 2009 - 2010

( Improved the P&L by tightening expenses and cutting close to $5 million

with various cost savings measures.

( Oversaw the monthly close and forecast process and presented Sr.mgt with

comments on the business.

( Recommended numerous action plans on cost reduction and improvements.

( Assisted with the moving of domestic goods to overseas factories to

improve cost prices plus delivery time.

( Helped in coordinating moving the Sales team in-house thus reducing

headcount by 3 and improving bottom line by $300,000.

( Worked very closely with Operation managers at distribution center and

helped improve CPU from $0.90 to $0.60

SAVIO FERNANDES PAGE TWO

Perry Ellis continued

( Worked with Planning on allocating the proper units by season and thus

was able to control and manage inventory levels.

( Partnered with Sourcing and China/Hong Kong offices to work on better

margins and landed cost prices. End result: improved margins from 34% to

46% which significantly benefited the bottom line.

( Helped facilitate the cleanup of old inventory by moving over 150,000

units out the door by end of fiscal year 2010.

( Reported to the CFO with a dotted line to the CEO/COO ; 3 direct

supervision

Director of Finance ( Wholesale Division

2008 - 2009

( Restructured the Tampa office by reducing headcount by 25 employees and

consolidating positions to Miami.

( Reviewed monthly Sales projections with Sales team and pushed on

maintaining or over delivering on results.

( Worked with Sourcing & Purchasing team to improve cost prices overseas by

giving Initial margin goals to deliver.

( Reported to the CFO with a dotted line to the COO ; 2 direct supervision

ESTEE LAUDER COMPANIES ( NEW YORK CITY, NEW YORK ( 1998 - 2007

The Estee Lauder Companies engages in the manufacture, marketing, and sale

of skin care, makeup, fragrance, and hair care products worldwide. Publicly

traded on NYSE:EL. Total Revenue ending June 30th 2007 was $7 billion.

Executive Director of Finance ( Fragrances & Skincare Division ( 2002 -

2007

( Responsible for the monthly close financial reporting as well as

Worldwide Global consolidation reporting.

( Prepared Variance Memos (budget, estimate and prior year comparisons &

operating highlights).

( Oversaw the monthly General Ledger, Cash Flow and Balance Sheet for

accuracy in compliance with GAAP.

( Oversaw 3rd party Royalty recognition (P&L and Balance Sheet) for Tommy

Hilfiger, Donna Karan, Sean John etc.

( Managed a $200 million operating budget.

( Responsible for the financial management and budgeting planning process

including the budget submission package.

( SOX group Leader with corporate internal auditors and external auditor,

KPMG.

( Prepared SEC certification documents and reports to President and CEO in

accordance with SOX.

( Developed and implemented comprehensive Return on Investment analysis for

the division's brand portfolio.

( Presented Capital Expenditure request for Fixed Assets to Corporate

Planning team in compliance with GAAP.

( Very involved in the running of Store P&L analysis for different

retailers focusing on profitability ratios.

( Supervised the development and communication of internal budgets and

assisted in the preparation of Strategic Plans.

( Reported to the Senior Vice President of Finance ; 8 direct supervision.

Director of Finance - Controller ( Estee Lauder Division-Canada ( 2000 -

2002

Manager Finance ( Estee Lauder Division-Canada ( 1999 - 2000

Sales and Finance Analyst ( Estee Lauder Division-Canada ( 1998 - 1999

AHI HEALTHCARE SYSTEMS INC. ( DOWNEY, CALIFORNIA ( 1997 - 1998

Sales Analyst

SANMINA CORPORATION ( MANCHESTER, NEW HAMPSHIRE ( 1995 - 1996

Data Analyst

EDUCATION

SOUTHERN NEW HAMPSHIRE UNIVERSITY, Manchester, New Hampshire

Master of Business Administration (MBA), Major: Finance, Graduated 1995

EUROPEAN UNIVERSITY CYPRUS - CYPRUS COLLEGE, Nicosia Cyprus, Europe

Bachelor of Business Administration (BBA), Major: Computer Systems,

Graduated 1993

COMPUTER SKILLS

( Oracle Financials ( SAP ( Hyperion Essbase ( Data warehouse (

Windows XP/Win 7 ( JD Edwards ( AS 400

( Cognos ( Microsoft Excel ( Pivot tables ( Vlookup ( PowerPoint (

Business Objects ( EDI



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