Sales Accounts Payable

Jeffrey Fleischman CPA

*** ****** *****

Ridgewood, NJ 07450

917-***-****

*********@*******.***

Professional

Experience:

*/** - ******* ***** ******* North America, Inc. - New York, NY

Controller - 2/03 - Present

Assistant Controller - 4/01 - 2/03

. Oversee all activities of the Financial Reporting,

Accounts Payable and Sales Audit department

. Ensure the accurate financial reporting of all North

American retail operations consisting of 135 stores with

revenues in excess of $1 billion.

. Prepare, review and issue financial statements for all

entities in North America region for Senior Management

and Corporate Head Office (Paris)

. Managed accounting activities for LVMH Fashion Group

Americas Shared Service Center

. Organize and coordinate the budgeting/forecasting

process and issue all forecasts to Management/Head

Office

. Monitor actual results vs. budgets and forecasts and

explain variances to management of North America zone

and head office in Paris

. Prepare and analyze the payback of investing in a new or

renovated store

. Actively participated in the negotiation of various

leased department store contracts

. Implemented with lease department store partner new p-

card payment process reducing A/R exposure from

approximately five weeks to less than one week

. Negotiated financial terms (including sign on bonus) for

new merchant service agreement

. Analyze commercial key performance indicators and

implement initiatives to improve store profitability

. Identify cost savings opportunities through vendor

negotiation to help Company reach operating income

targets. Areas of achievement include global

negotiation for office supplies, company car service and

security guard

. Implemented procedures for handling card not present

transactions (i.e. phone orders), which resulted in 50%,

decrease in customer write-off rate.

. Liaise with IT on systems projects that streamline and

improve processes and interfaces between

financial/POS/warehouse systems

. Formulate accounting policies and procedures at store

and corporate level in order to strengthen Company

internal controls and satisfy LSF requirements.

. Document internal controls for financial reporting and

accounts payable cycle

. Develop and monitor key performance indicators for

account payable and sales audit departments. Use KPI's

to implement workflow efficiencies within the department

including automation of payments, and volume reduction.

. Implemented imaging of accounts payable documents

resulting in savings in storage costs

. Present Company results and budgets to Management and

Regional Operations Directors

. Participate in worldwide finance conferences in order to

share and implement best practices of the Company

. Coordinate the activities of external auditors for

financial statement audits/reviews for six separate

entities as well as various landlord audits of sales

. Voting member of the LVMH Health and Welfare steering

committee and the LVMH Pension Committee

. Actively participate in special projects as needed

. Effectively merged all accounting and financial

reporting activities of Louis Vuitton Hawaii into Louis

Vuitton North America due to dissolution of LV Hawaii

Corporate Office

. Designed financial flows for warehouse system in

conjunction with opening of new east coast warehouse

. Signatory on all LV North America bank accounts

. Manage the development of 20 employees in the Finance

department

6/96 - 4/01 Comstock Inc. - New York, NY - Mountainside, NJ

Controller - 6/98 - 4/01

Assistant Controller - 6/96 - 6/98

. Oversee all activities of the Corporate Finance

Department for $15 Million Int'l stock photography

Company

. Review Financial statements of four subsidiary companies

. Responsible for the supervision and development of six

staff members

. Issue monthly financial statements and management

reporting package to Chief Executive Officer

. Act as plan administrator of the Comstock Inc. Savings

and Retirement Plan

. Issue quarterly financial statements to management and

outside financial institutions

. Design accounting system of internal control for new

royalty free product line.

. Implement e-commerce system on newly designed company

website

. Advise Chief Executive Officer on cash position of the

Company

. Prepare projections for proposed finance restructuring

. Hedge international receivables due to U.S. Company

. Research and negotiate rates on all Company insurance

policies including health, short/long term disability,

workers comp, property and ocean cargo policies

. Act as signatory on all U.S. bank accounts

. Administer corporate credit card program

. Responsible for the review and filing of all Comstock

trademarks

. Coordinated all financial aspects of Company move from

New York to New Jersey including filing Federal/State

tax registrations, and acquiring appropriate business

licenses

. In charge of all aspects of human resources including

benefits, recruiting, payroll and personnel issues.

. Reviewed accounts receivable and accounts payable

. Reviewed all monthly journal entries

. Audited monthly sales incentive plan for accuracy

. Implemented new payroll processing program

. Issued monthly financial statements

. Prepared and submitted quarterly consolidated financial

statements to Chief Financial Officer

1/96 - 5/96 Mazars & Company - New York, New York

Senior Accountant

. Supervised audit engagements during audit busy season

. Assisted in the preparation of corporate and partnership

tax returns

9/92 - 11/95 Coopers & Lybrand L.L.P. - New York, New York

Senior Associate - Capital Markets

. Planned and coordinated audit engagements

. Supervised and reviewed work of staff accountants

. Reviewed and analyzed various accounting controls and

company policies and procedures

. Prepared and reviewed financial statements and related

disclosures

. Assessed adequacy of clients' loan loss reserves by

performing detailed loan reviews

. Prepared management recommendation comments on internal

control deficiencies

. Performed various analytical procedures on clients' P&L

and balance sheet

. Communicated with upper level management regarding

various accounting issues

. Acted as firm representative for various on-campus

recruiting events

. Clients included: Midlantic Corporation, United States

Trust Company, Apple Bank for Savings, Brown Brothers

Harriman & Company

Education: State University of New York at Binghamton

Bachelor of Science in Accounting, - May 1992

Cumulative G.P.A. 3.4 Accounting G.P.A. 3.6

Computer Skills: Microsoft Office XP, Excel, Word, Powerpoint, Outlook, AS

400, JDE, Retailpro, Cetova, Lotus notes, Wordperfect, Mail

Order Manager, Sunsystems, IC Verify, Net Verify

Memberships/ American Institute of Certified Public Accountants

Affiliations: New York State Society of Certified Public Accountants

Beta Alpha Psi, National Accounting Fraternity

International Fraternity of Delta Sigma Pi, Kappa Lambda Chapter

References: Available upon request

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