Accounting Process Improvement

CARLOS ALMODOVAR

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

North Brunswick, NJ 08902

Phone: 732-***-****

E-mail: **************@*********.***

PROFILE

Finance executive with solid record of accomplishment with private and

public companies. Successful in leading both large finance departments and

working in smaller "hands-on" environments, with extensive experience

working with internal executive management and external finance community.

Develops and implements strategies that quickly improve business

performance - revenue, profits and cash flow. Experienced with consumer

goods, direct to consumer marketing, international, private equity-backed,

education and training companies.

AREAS OF EXPERTISE

Financial Planning & Budgeting Technology &

Systems Integration

System Implementation

Mergers & Acquisitions

FX/Multi-National

Start-Ups & Re-Organizations

Corporate Consolidations

Cost Reduction & Process Improvement

BUSINESS EXPERIENCE

COSTRU Co., LLC dba Cosmedicine - New York, NY

10/09 - 03/10

CFO/Controller

Health, Beauty and Cosmetics company marketing products via e-commerce

and major retail distribution channels.

. Generated FAS 140 and opening balance sheet within 90 days of

acquisition, significantly ahead of the proposed deadline, adequately

satisfying lender's requirements.

. Directed credit facility and successfully negotiated and convinced

lenders to increase funding eligibility by introducing examples that

aptly justified the requested increased funding.

. Orchestrated the seamless integration of accounting and operations

enabling the continuation of business with minimal disruptions.

The Oxford Princeton Programme Inc. - Princeton, NJ

CFO/Controller

6/08 -

10/09

The world's leading provider of education and training solutions in

energy, commodities and derivatives, servicing customers such as BP,

Hess, ExxonMobil, ConocoPhillips and Chevron Corporation.

. Spearheaded overseas accounting departments; U.K., Singapore and

Calgary ensuring government compliance, accurate cash flow

projections, timely month-end reporting and coordination of multiple

audits of foreign subsidiaries, resulting in reduced audit and tax

fees by $25,000.

. Established and implemented break-even points on the annual budget

which resulted in reduction in potential losses of $ 250,000.

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CARLOS ALMODOVAR

(Continued) The Oxford Princeton Programme Inc.

. Restructured the chart of accounts, reducing the month-end closing

process by 50%, improved collections of account receivables and

increased controls reducing bad debt by 10%.

. Achieved and exceeded all goals and deadlines required by

CEO/Owner.

Ronco Acquisition Corporation - New York, NY

4/08 - 6/08

Consulting Opportunity

Direct to Consumer marketer of kitchen products and accessories.

Media Syndication Global (MSG) - New York, NY

10/04 -2/08

VP Finance/Controller

Multi-Channel Marketer of general merchandise at one time amassing $ 70

million in annual revenue.

. Collaborated with CEO and COO, contributing significantly to the

development of critical business plans and proposals for Board of

Directors. Concisely defined the short term/long term goals

culminating in successful securitization of a bank line of credit of

$2 million.

. Ardently reduced accounts receivable dilution by 50%, increased lender

funding availability by 10% and reduced fulfillment costs by 10% by

incorporating hands on supervision of invoicing, direct oversight of

warehouse operations and the strategic execution and planning of

multiple warehouse consolidations.

National Consumer Marketing, LLC - New York, NY

11/93-3/04

Director of Finance

Privately owned, Multi-Channel Marketer of general merchandise reaching 80

million in weekly circulation as a Sunday Advertiser in Parade and USA

Weekend magazines.

. Successfully developed and implemented a progressive financial

reporting package focused on gross margin analysis for multiple

business units enabling management to make more informed business

decisions in a prompt, timely manner.

. Directed audits of internal costs and operational procedures, which

facilitated new product testing and rollout. Established and developed

accounting controls and procedures ensuring the integrity of financial

systems.

. Recipient of four promotions during 11 year tenure resulting from

consistent superior business performance.

EDUCATION

Baruch College - New York, NY - 1992

Bachelors of Business Administration - Accounting

SOFTWARE

MS Office . Excel . Great Plains . Solomon . MAS 90 .

Quickbooks . Peachtree . Sage

Spanish . Written & Verbal

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