CFO, Controller, Finance

JORGE MARQUEZ

***** ********** *** ****** ♦ Orlando, Fl 32828 ♦ 407-***-**** ♦ *************@*****.***

EXECUTIVE PROFILE

Imaginative, dynamic and accomplished Finance Executive who uses broad technological, legal and financial expertise, international savvy and team motivation skills to achieve dramatic corporate turnarounds. Possesses a strong entrepreneurial business background and can quickly identify procedural and operational deficiencies in an organization, and how to correct them to increase a company’s cash flow. Visionary strategist with outstanding track history, and extensive experience managing multi-million dollar budgets with proven ability establishing, leading and motivating world-class accounting, finance, IT and legal teams.

Selected Achievements

• Instituted revamped cost system, identifying cost reductions for components, resulting in company having market leader products through competitive prices, and profitable product lines.

• Integrated with existing management teams to achieve turnaround of several companies in different industries to erase millions of dollars in losses.

• Change of address for one company resulted in a tax savings of $500,000 over five years.

• Reviewed Company’s contracts and significantly reduced costs for operational costs and office space by $100,000.

• Audited advertising invoices and filed for recovery of $50,000 in excess charges.

• Provided recommendations for $200,000 reduction of expenses in home office art department.

• Discovered almost $5 million of incorrect repair and maintenance costs during audit of a manufacturing plant.

• Implemented an on-line integrated computer package that required all employees to become computer literate, thereby enabling company to increase overall sales by 100%, with no additional support staff.

• Streamlined and automated preparation of financial reports and quarterly statements reducing man-hours previously required.

• Reduced physical inventory time needed by 85% using Bar Codes.

• Implemented an automated payroll system that reduced time for processing by 90%.

Area of Expertise

♦ Fluent in English and Spanish

♦ Human Resources

♦ Computer systems, Mid-Range and PCs

♦ Cost Accounting ♦ Legal Issues ♦ Cash management, including credit and collections

♦ Inventories ♦ Budget preparation and Financial Analysis ♦ Sales, Marketing and Operational phases of manufacturing and service operations

PROFESSIONAL SUMMARY

SUNNYRIDGE INC Winter Haven, Florida

Family owned grower, packer, shipper and marketer of berries from their own farms and independent growers in North and South America. 2008-2010

Controller - Foreign Operations

•Led the reconciliation of accounting records in the foreign subsidiaries and home office.

•Supervised reimplementation of integrated computer system in the subsidiaries in Mexico.

•Developed business blueprint to review operations and work with operations management to improve profitability in the international operations.

IT’S THE CASH FLOW LLC Orlando, Florida Consulting firm for small and medium size businesses. 2006-2008

Jorge Marquez ♦ Page Two

COTY INC. New York City, New York

$1.9 Billion dollar beauty products manufacturer whose core businesses are fragrances, color cosmetics, and skin care.

Director of Finance and Administration Latin America 2000-2006

•Discovered irregularities in subsidiary in Mexico and led the team that had to reconstruct the accounting records and accounts receivable supporting documentation. In addition, alterations made to the transactional system were monitored until the implementation of the system was completed to ensure no further irregularities occurred.

•Led implementation team of integrated computer system for the subsidiary in Mexico (JD Edwards), which was completed on time and under budget.

•Directed the financial management of subsidiary in Argentina during financial crisis in the country, and subsidiary was able to generate profit.

•Directed the phasing out of subsidiaries in Brazil and Colombia, and the integration of employees with the local distributor, who was contracted to provide back office support. The projects were completed with the company able to recover all the money owed by their customers, and the proper disposal of assets.

•Supervised the reconstruction of the tax records in the subsidiary in Brazil, and negotiating a payment plan with the government.

•Supervised the reduction of DSO in all the countries, most notable in Mexico, which went from DSO of 230 to DSO of 86.

•Developed uniform templates for all countries to use when reviewing annual budget and strategic plans with corporate management.

•Developed template to review new business projects and their commercial and financial implications.

• Worked with the Region SVP and the management of each country to convert the region from losing millions of dollars, to generating a profit and become cash flow generators.

BLOCKBUSTER DE MEXICO Mexico City, Mexico

$75MM subsidiary of one of the largest chains of video and game rental stores in the world

Chief Financial Officer 1996-2000

•Reduced Finance department by 12% in headcount and 28% in cost, while building a more professional team that provided support to the 160+ stores throughout the country.

•Integrated into the management team, implementing very difficult decisions to change the company from one of the worst performers, losing $8MM dollars per year, to the most profitable operation worldwide as a percentage of revenue.

•In charge to resolve legal, fiscal and accounting problems for eight of the wholly owned subsidiaries and eleven joint venture companies that composed Blockbuster de Mexico.

•Led successful acquisition of several independent competing businesses.

•Leader of team who successfully implemented integrated computer system (JD Edwards)

•Led the upgrade to the payroll system, product and inventory modules, and creation of bank and store reconciliation programs.

ALBERTO CULVER COMPANY – (1985 – 1996)

$1.0B manufacturer of hair and skin beauty care products with brands such as Alberto VO5, St. Ives, TRESemme, and Consort.

Regional Finance Director Mexico City, Mexico 1995-1996

•Transferred to Mexico to streamline the finance and administration areas during Peso crisis of 1995, able to maintain the liquidity of the company without any borrowing, and accumulated dollars to set up payment plan to reduce the dollar debt with the home office.

•Played major role in reducing the days outstanding for Accounts Receivable (23%) and Inventory (45%).

•Supervised: General Accounting, Accounts Payable, Cost Accounting, Credit and Collection, Human Resources, Data Processing, Purchasing and Inventory Control departments.

General Manager Guatemala 1994

•Took over subsidiary that had lost money for 24 straight months and in four months had restored it to profitability, being the only subsidiary for the company in Latin America to be ahead of its budget in sales and profit during this period.

Jorge Marquez ♦ Page Three

Regional Finance Manager San Juan, Puerto Rico 1988-1994

•Led project to document 936 tax credit calculations, resulting in savings of millions of dollars in taxes for company.

•Directed reduction of manufacturing costs using activity-based costing (ABC) that resulted in lower costs which made it possible to obtain an 18% shampoo market share.

•Supervised: Accounting, Accounts Payable, Cost Accounting, Credit and Collection, Human Resources and Data Processing departments.

•Oversaw and coordinated financial activities of licensees in Columbia, Jamaica, Trinidad, the Dominican Republic, Argentina, Peru, and Chile, and subsidiaries in Venezuela and Guatemala.

Internal Auditor Melrose Park, Illinois 1986-1988

•In charge of conducting audits at the domestic headquarters and foreign subsidiaries. Developed comprehensive audit questionnaire program for use in subsidiary audits.

•Conducted year-end audits with independent auditors to reduce annual expenses.

•Performed study of distribution system to determine most cost efficient warehouse locations.

Finance Director Mexico City, Mexico 1985-1986

•Orchestrated financial reorganization of $6 million subsidiary faced with huge outstanding accounts receivable, no cash flow and annual losses of $1 million. Subsidiary was profitable within seven months.

•Reduced accounts receivable days outstanding by (33%). Introduced automation to many areas previously employing manual processes.

PREVIOUS EXPERIENCE included Internal Auditing positions for G.D. Searle, Union Carbide, CBI Industries, Inc. and Nalco Chemical Company.

EDUCATION

National College of Business, Rapid City, South Dakota (Bachelor of Science – Accounting)

Certified Public Accountant, State of Illinois (Not Active)

OTHER

Author: PROVEN TECHNIQUES FOR IMPROVING YOUR COMPANY’S CASH FLOW

A guide for those who are serious about understanding and improving their company’s performance ….. but don’t know where to begin.

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