SHELDON BLUMENGOLD
East Brunswick, NJ 08816
(c) 732-***-**** (h) 732-***-****
***********@*******.***
http://www.linkedin.com/in/sheldonblumengold
CAREER SUMMARY
Project oriented Business Manager with broad-based experience in financial
reporting, operations, analysis, budgeting, contract negotiation and
review, internal and cost control, human resources, training and system
improvement. Dynamic, resourceful and innovative individual adept in
analyzing and implementing strategies, processes and technologies to
improve productivity and efficiency. Strong verbal and written
communication, presentation, customer service, motivational and computer
skills.
PROFESSIONAL EXPERIENCE
Sarkli Repechage Ltd. Secaucus, NJ
2004 - 2010
Vice President - Finance & Administration / CFO
Global Skincare & Cosmetics Manufacturer catering to Salons / Spas &
Real Property Owner
* Spearheaded MAS200 Software migration resulting in 20% lower production
costs
* Served in key role in Manufacturing implementation & conversion
from using Outside Contract
Manufacturers to Full In-House Production with capital equipment
expansion
* Drove Bank refinancing of business and Real Estate resulting in $100,000
annual cash flow increase
AIG - Information Systems Group - via Westwind Solutions, LLC.
2002 - 2003
Financial Business Management Consultant
* Coordinated Financial Operations for various Technology Vice Presidents
and Project Managers
* Prepared Budgets, Forecasts, Headcount and Outsourcing Analysis and
Special Projects
* Performed Financial Statement and Project Cost Variance Analysis vs.
Budget and Forecast
* Trained Project Managers to monitor performance of their Projects to
successful completion
Century Conveyor Service, Inc. Edison, NJ
1997 - 2001
Vice President - Finance & Administration / CFO
Manufacturing, Distribution, Design Engineering and Material Handling
System Integrator
* Led purchase of headquarters with Fleet Bank and NJ Economic Development
Authority Bond Offering, while securing three levels of low interest long-
term financing
* Instituted client leasing and payment terms maximizing cash flow and
Sweep Investment Income
* Established project costing, computer system upgrades, resulting in
significant cost savings
* Acted as key player in new manufacturing product line launch and system
implementation
* Negotiated and upgraded aging vehicle fleet resulting in 40 % lower
annual operating costs
RELATED EXPERIENCE
Bristol - Myers Squibb Company (Charles of the Ritz Group, Ltd.)
(Wholesale / Retail Manufacturer, Distributor / Importer of Cosmetics,
Fragrance Consumer Products) - Division of Pharmaceutical Firm
Keywords: Consumer Products, Pharmaceutical, Accounting, Accountant,
Finance, Financial Analyst, Analysis, Business, Budget, Forecast, Financial
Statements, Reporting, Presentation, Controller, CFO, Vice President,
Director, Manager, Project, Expense Control, Systems, Information
Technology, Manufacturing, Service, Banking, Contract, Negotiation
Sheldon Blumengold ***********@*******.***
page 2
RELATED EXPERIENCE - Continued
* Saved over $150,000 in Sales Tax Audit Liability through research,
documentation and clarification
* Restructured and renegotiated insurance portfolio saving 25% or $125,000
annually
* Introduced workers compensation safety group slashing annual premiums 40%
* Modified major art collection computer and security system saving
$100,000 and potentially saving millions by safeguarding assets, while
Principal's family felt more secure
* Investigated and negotiated new office lease reducing expense 80% or
$400,000
* Developed monthly and year-end reports, budgets and systems for $200
million portfolio
* Secured bank credit line and managed cash flow and timely repayment
* Executed relocation and closing of offices and residences out-of-state
* Introduced 401K, Cafeteria, Credit Union, Transit Chek benefit plans, Non-
Disclosure agreements
* Managed and reconciled $50 Million audited multiple warehouse inventory,
organized sales meeting
* Disposed of $2 million damaged and obsolete goods avoiding theft and
leakage to open market
* Performed Acquisition due diligence and processed payroll for 1,000 union
and non-union staff
* Addressed Board of Directors monthly on divisional strategies and
operating results
* Instituted purchase order / bid system tightening internal controls
reducing unauthorized spending
* Prepared SEC reports, Form 5500 / 10K, Commissions, Royalties, assisted
in Initial Public Offering
TECHNICAL SKILLS
MS Office (Excel, Word, PowerPoint, Access, Outlook), Lotus, MAS200,
Hyperion Pillar, Cognos Powerplay and Impromptu, WordPerfect, Great Plains,
Business Works, RealWorld, e Services Manager, Peachtree, Quickbooks, ADP
On-line Payroll / Banking, Adobe, GroupWise, Eudora E-Mail
EDUCATION
Long Island University M. B. A. with
concentration in Accounting
Brooklyn College, C.U.N.Y. B. S. in Accounting
PROFESSIONAL AFFILIATIONS & LICENSES
ICMAD - Independent Cosmetic Manufacturers and Distributors
Financial Executives Networking Group - 'The FENG'
New Jersey Dept. of Labor Professional Service Group Training Committee
New Jersey Department of Labor Employer Council
New Jersey Business and Industry Association, New Jersey Notary Public
Middlesex County Regional Chamber of Commerce