Stephen M. Hieber

* **** **** **** ******, CT *6035

E-mail: ab9xkk@r.postjobfree.com

Cellular Phone: 845-***-****

Highly motivated results oriented Chief Financial Officer offering over 20

years financial management experience in Direct/On-Line Marketing, Retail,

Publishing and Manufacturing, within both public and private companies.

Hands-on leadership style with decisive management skills, exceptional

judgment, and ability to manage multiple functions.

. Strategic Planning

. P&L Management & Analysis

. Financial Reporting

. Merger and Acquisitions

. Insurance and Risk Management

. Inventory Control

. Human Resource Management

. Banking and Cash Management

. Management Information Systems

. Contract Negotiation

Professional Experience

Culinary Health Innovations, Plattsburgh NY

July 2012 - June 2013

Chief Financial Officer

Hands-on Chief Financial Officer for a start up food manufacturing

business. Was instrumental in raising over $2 million dollars in equity.

Dealt closely with legal to close the transactions and controlled the

capitalization table with 30 investors. Directly responsible for all

accounting, analysis, cash management and financial and strategic

planning. Worked closely with the company founders in determining and

executing the strategic direction of the business.

Independent Management Consultant, Plattsburgh NY

2009 - 2012

Assisting growing, entrepreneurial businesses improve profitability, obtain

growth capital and develop effective management reporting and strategic

direction in the role of contract Chief Financial Officer.

- Asept Pak - Completed the process to obtained a

$850,000 grant from the State of New York for the

purchase of equipment.

- Culinary Health Innovations - Worked with the founder on

planning and strategy to obtain external

funding.

Home Bistro Foods, Inc., Plattsburgh NY

2006 - 2009

Senior Vice President and Chief Financial Officer

Hands-on executive for a $14 million fast growing, but cash constrained

direct mail/internet retailer and manufacturer with over 30 investors, from

angel investors to institutional investors. Taking on a high risk

opportunity; raised capital, cut costs, lead strategic advancements and

tactically managed cash, but due to the recession ultimately oversaw the

company through bankruptcy and a distress sale with absolute integrity.

Overall responsibility for Finance, Human Resources, Fulfillment Operations

w/dual sites and Management Information Systems.

> Raised $3.2 million in equity and $1,250,00 of debt

> Renegotiated distribution contract saving $150,000 annually

> Renegotiated printing contract saving $200,000 annually

> Re-engineered the fulfillment operation increasing efficiency by 20%,

saving $140,000 annually

> Ran quarterly Board of Directors meetings and monthly calls with the

investor "Finance Committee"

> Lead process to implement MRP and cost accounting systems leading to

more precise production and labor planning, and detailed material cost

tracking enabling immediate corrective action to manufacturing

variances

Petals Decorative Accents, LLC, Ridgefield, CT

2005 - 2006

Chief Financial Officer

Officer of a $20 million direct mail/internet retailer in a re-startup

phase. Overall responsibility for Finance, Human Resources, Inventory

Purchasing and Freight Trafficking. Direct accountability to principal

investors and Board of Directors for all financial operations.

> Instrumental in raising 100% of capital needed for new fulfillment

warehouse

> Reduced operating loss by over 60% through normalization of cost

structure via renegotiation of operating contracts.

> Turn company from $500,000/month cash burn to projected cash flow

positive in 12 months

> Initiated plan to bring fulfillment operations in house with saving of

$1million annually

> Extensive work on audit of financial statements and preparation of

registration statement for IPO offering

The Wine Enthusiast Companies, Elmsford, NY

1997 - 2005

Chief Financial Officer (1999 to 2005)

Senior executive responsible for financial operations, balance sheet

integrity and direct accountability to principals for P&L of $50 million

direct mail/internet/Retail Company plus $6 million publishing company.

Key in developing company vision, strategic focus, as well as being

integral in day-to-day business operations. Overall responsibility for

Controllers Group, Human Resources, Information Systems, Inventory

Purchasing and Control, and Freight Trafficking.

> Doubled sales and increased EBITA by 8X through financial analysis

aimed at ROI of promotional campaigns, departmental budgeting and

various cost-cutting initiatives that reduced order-processing costs

by 22.5%.

> Increased inventory turns by 43% and reduced DSO by 37%, increasing

cash flow and eliminating the need for outside financing.

> Developed company financial planning process that focused the company

on objectives and held departmental managers accountable

> Due diligence on two prospective acquisitions revealing material non-

disclosed financial liabilities

> CPA certification of financial statements first year after non

certification for 15 years

> Established Human Resource Department and company wide policies and

procedures

Director of Finance (1997 to 1999)

Managed Accounting, Accounts Payable, Accounts Receivable and Human

Resources departments. Developed and implemented accounting policies,

procedures and internal control to improve profitability. Upgraded

general ledger package to include a financial reporting component and

created a detailed monthly financial reporting package. Renegotiated bank

line of credit and terms with several major vendors saving over $100K

annually. Hired and trained Controller.

Micro Warehouse, Inc., Norwalk, CT

1992 - 1997

Senior Accounting Manager (1995 to 1997)

Managed staff of 35, including 2 accounting managers, in all areas of

corporate accounting for this Fortune 1000 multinational public company.

Responsible for consolidation and analysis of worldwide operations.

Assisted in external reporting to the SEC and shareholders and direct

contact for external auditing staff. Performed internal auditing for seven

European subsidiaries and was a task force member for the financial

implementation of $350 Million acquisition.

Accounting Manager (1993 to 1995)

Managed staff of 20 in areas of general accounting, performed business

analysis in a high growth environment, direct responsibility for

promotional income and expense forecasting, analysis and accounting.

Revamped the month end reporting process to complete domestic reporting in

1 day and worldwide consolidation in 3 days.

Financial Analyst (1992 to 1993)

Analyzed profitability of joint ventures and provided recommendations to

Marketing Director. Prepared and analyzed billion dollar operating budget

comprised of over 50 departments. Prepared presentations and analysis for

senior management.

James River Corporation, Norwalk, CT

1989 - 1992

Financial Analyst (1991 to 1992)

Developed and analyzed the annual budget, quarterly forecast and five year

strategic plans for $500 Million division of this Fortune 500 Company.

Performed P&L analysis at product level and breakeven analysis of concept

products.

Reporting Analyst (1989 - 1991)

Generated monthly brand and business income statements along with key

financial indicators. Consolidated manufacturing cost variances from

domestic plants and published a monthly manufacturing operations reporting

package for senior management

Dempsey, Myers and Hughes, CPA, Wilton, CT

1988 - 1989

Staff Accountant

Education

. Rider University, Lawrenceville, NJ

Bachelor of Science in Finance, 1988

*Graduated Cum Laude

. University of Bridgeport

MBA Course Work

. Karrass Negotiating Seminar completed

Technology

. Ecometry

. Multitier

. SAP Business One

. Enterprise Technology 21

. Quick Books

. Microsoft Office- with advanced Excel

skills

Contact this candidate