Jennifer B. DeGennaro
** ***** ***** . *******, ** 10541
abkyzg@r.postjobfree.com . 845-***-**** (Home) . 914-***-**** (Cell)
Financial and Operations Executive
with comprehensive experience in
Strategic Planning & Implementation Corporate Accounting & Finance
Financial Analysis / Forecasting / Maximizing Revenue Production
Reporting Driving / Managing Change
Budgeting & Cost Control Principles Cost Reduction / Avoidance
Taxation Reporting & Compliance Team Development & Leadership
Innovative Business/ Marketing
Solutions
Respected, strategic, and achievement-oriented Finance and Operations
Executive offering a distinguished career in leveraging highly refined
analytical talents to develop and implement strategies to maximize
profitability through increased sales and lower operational cost. Visionary
leader skilled in directing activities within multiple functional areas
including operations, finance, accounting, marketing, product design and
sourcing, human resources, and inventory management.
Conceptual decision-maker possessing courage to make tough choices,
accomplish goals, and lead great change. Strong presentation, negotiation,
and communication skills complimented by ability to see big picture, solve
complex problems, and build consensus across all organizational levels.
Professional Experience
J. B DEGENNARO & ASSOCIATES - MAHOPAC, NEW YORK 2007 TO PRESENT
President / Lead Consultant
Support diverse client base on variety of operational and financial
management initiatives, including improving market share, increasing
community and industry visibility, revamping human resource policies,
introducing compliant accounting practices, and reducing labor and
operational costs. Selected Projects and Achievements:
o Post Road Entertainment - Advised owners of 6 different concept
restaurants on development and implementation of strategies and plans
for improving market presence, revenue streams/ production, and staff
performance / retention.
o Jamie Kilgore Photography - Established and maintain financial
functions for photography studio, including development of financial
statements, analysis, and budget. Initiated operational cost savings
by driving changes in POS and payroll systems, along with building new
business opportunities through community outreach.
o Westchester Consumer Empowerment Center - Served as Interim Controller
for not-for-profit consumer advocacy organization. Developed and
managed accounts receivables, accounts payables, budgets, financial
reporting, payroll and reconciliation processes. Delivered significant
cost savings through renegotiating facility leases along with
insurance and telecommunication contracts.
o Bo Caf - Assisted in start-up of 2 upscale cafes by creating and
implementing strategic plans for human resources, financial,
marketing, and operational functions. Worked closely with Chefs and
Kitchen Management on development of seasonal menus and specialty
promotions. Created and produced all marketing collateral, including
Website design, business cards, advertising, and signage.
MacMenamin's Grill & Chefworks - New Rochelle, New York 2004 to 2007
Direct all areas of operation and finance for $3.8M full-service
restaurant, catering business, and cooking school with 75 employees and
accommodations for 400 patrons.
Chief Financial Officer / General Manager
Leveraged strong, combined business and financial acumens to improve both
profitability and effectiveness in all areas of operations. Worked
collaboratively with restaurant owner on development and execution of
strategies to increase revenue growth through multimedia marketing,
innovative advertising, aggressive new business cultivation, and
implementation of labor and food cost controls. Directed all facets of
financial management, including general accounting, preparing and
presenting financial statements, reporting, analysis, budgeting, cash flow
management, and taxation. Selected Achievements:
- Spearheaded sales increase of $1.06M through development and
implementation of new standards for business development, marketing,
and cost reduction.
- Drove financial controls that reduced company debt from $300K to $30K
despite incurred costs from voluntary tax and labor audit.
- Successfully generated 25% increase in revenues through cultivating
new on- and off-premise catering opportunities.
- Introduced substantial changes and enhancements in inventory
management, procurement processes, and staff scheduling, lowering food
cost from 34% to 29% and labor cost from 35% to 28%.
- Improved cooking school profitability by 211% through rejuvenation of
recreational program and creation of professional certificate program.
- Instrumental in organization winning several prestigious honors,
including Top Choice for Interactive Cooking Events by Food Network
and Best of Westchester Cooking Schools, 2007.
Macy's - New York, New York 1997 to 2004
Established career of achievement and advancement with one of nation's
premier retailers operating over 800 stores and furniture galleries in 45
states, District of Columbia, Guam, and Puerto Rico, generating $25B in
sales.
Operation Vice President, Yonkers, NY (2004)
Promoted to Vice President of prototype showroom store with highest sales
per square foot and highest company EBIT. Accepted challenge of driving and
managing changes needed to turnaround key business driver performance and
lead operational improvement projects. Selected Achievements:
- Implemented new loss prevention strategies elevating audit status of
61 to an average of 85 and yielding shortage reduction of $500K.
- Effectively planned and managed $300K capital project enabling
relocation and renovation of reserves for stock adding capacity.
- Achieved 110% of targeted productivity goals while eliminating daily
backlog by unifying receiving and processing departments.
- Delivered customer service goal staffing component by lowering weekend
hours non-compliance from 6% to 0% during spring season.
- Recognized as High Potential Support Executive with Macy's East and
honored with Federated Safety Excellence Award.
Operators Director, White Plains, NY (2001 to 2003)
Developed and managed plans for manpower, P&L production and reporting,
strategic directives, merchandising and sales production for $63M retail
operation. Conducted regular reviews of sales, labor, operations, costs,
customer situations, and employee relations issues. Evaluated key
indicators and other measurement tools, ensuring financial, customer
satisfaction, and control targets were consistently achieved. Selected
Achievements:
- Provided leadership needed to achieve EBIT plan in difficult sales
climate and second highest shopping environment score within Macy's
East.
- Trained and developed high performing security team, leading to
highest scores in total company Divisional Loss Prevention Audits and
reducing shortages by $1M over 2-year period.
- Drove substantial improvement in sales and service by maintaining
strong controls over payroll and maximizing weekend sales floor
coverage.
- Scored 100% on Federated Safety Evaluation for 2 consecutive years,
leading to role as MIC of Safety.
Director Financial Operations, New York, NY (2000 to 2001)
Managed financial functions related to all payroll/non-payroll budgets,
staffing, purchasing, facilities leasing, cash services, alterations, gift-
wrap, signage, and training for $600M flagship operations. Additional
accountability included scheduling oversight for 4,600 associates and 300
executives. Selected Achievements:
- Effectively managed operational expenses, enabling generation of $4M
EBIT above profit plan and $7M above line yield.
- Spearheaded hiring of Scheduling Coordinators as executives leading to
reductions in scheduling noncompliance from 9% to 1% and overtime to
less than 1.5%.
- Lowered cash shortage by $110K through implementation of vault
controls and storewide cash handling and drops training program.
- Enforced internal standards for accounts payables, resulting in
maintaining 100% paid-on time ratings.
- Contributed $950K in additional income gift-wrap income by launching
aggressive merchandising and shop outposts.
Operations Manager / Assistant Store Manager, Paramus Park, New Jersey
(1998 to 2000)
Held full accountability for leading merchandise flow, store maintenance,
expense management, loss prevention, and sales support for $67M, 322,000
square foot retail location. Selected Achievements:
- Conceived, developed, and launched operational strategies that
achieved 8% growth and exceed planned sales volume by 3%.
- Delivered $500K in EBIT STD above profit plan through enforcement of
tight expense controls.
- Lowered insurance liability costs for store by scoring 98% on
Federated Safety Audit.
- Spearheaded program for credit solicitation, raising store percent
from 65% to 111%.
Operations Manager, White Plains, New York (1997 to 1998)
Assumed store management role for 5-month period due to Manager's leave of
absence and provided leadership needed for operations to improve sales
growth, loss prevention targets, and cash flow objectives. Selected
Achievements:
- Instrumental in improving store profitability by leading renovation of
security department, receiving, fitting rooms, vestibules, flooring
and installation of designer shops.
- Introduced programs and processes during 5-month Store Manager tenure
that enabled meeting of 3% shortage goals and sales growth of 11%.
- Scored over 85% in 3 consecutive Federated Loss Prevention Audits by
enforcing internal standards and practices with all levels of staff.
Education and Credentials
MASTER OF BUSINESS ADMINISTRATION IN MARKETING
PACE University - White Plains, New York
Bachelor of Business Administration in Marketing
PACE University - White Plains, New York
Attended on full scholarship program
Currently completing CPA Program through Pace University