Manager Management
Resume:
VINCENT (JIM) VARTULI
Shelton, CT 06484
Email: ******-*@*******.***
PROFILE
Over fifteen years of Fortune 500 experience as a finance
director, global controller and finance manager working with multi-
billion dollar operations to achieve cost efficiencies, evaluate
business acquisitions, facilitate start-up ventures, and support of the
strategic planning process.
QUALIFICATIONS
. Strategic mindset, identifying and capitalizing on
business growth opportunities.
. Outstanding risk management, due diligence and compliance
skills used to evaluate business strategies.
. Excellent relationship management skills, working cross-
functionally on a global scale to build consensus and support for
shared goals.
. Strong advocate of positive change, performance excellence
and continuous quality improvement.
CORE COMPETENCIES
. Strategic planning
. Goal
setting and use of performance
metrics
. Treasury & cash management
. Data collection, analysis and
trending
. Credit & risk management
. Creation of a
highly effective operational
infrastructure
. Preparation of financial statements
. Staff development,
counseling and mentoring
. Advanced knowledge of software applications .
Analysis of complex business
challenges
WORK EXPERIENCE
GEXPRO/REXEL, formerly GE Supply, a division of General
Electric Company, Shelton, CT
A $2.5 billion electrical supply distribution and supply
chain solutions provider, with 130 plus branches globally, servicing
the commercial, industrial and OEM markets.
DIRECTOR OF FINANCIAL PLANNING & ANALYSIS
2006 - Present
. Member of Business Leadership Team that transformed
Gexpro from a 2% to a 6% return on sales business.
. Selected as a member of the CEO's Restructuring Team
charged with the development of business strategies that position
the company during a 30 plus% market contraction/global recession.
These strategies resulted in over $80 million of cost savings and a
30 basis point improvement in gross profit%.
. Work in collaboration with executive team to develop
three-year strategic business plans.
. Conduct detailed due diligence and risk management
analysis to evaluate investment opportunities including bolt on
acquisition in 2008.
. Work in partnership with business units to track and
monitor the implementation of business strategies to ensure
achievement of expected outcomes.
. Provide analysis and recommendations of
commission/incentive compensation plans with a focus on driving
performance and goal attainment.
. Work with Controller to assess balance sheet
risks/opportunities to insure accurate and timely reporting of
financial statements.
. Spearheaded the formation of the market and
competitive tracking committee to review market, industry and
economic trends, formulating strategies to avoid risk and capitalize
on opportunities.
. Interface with Paris Headquarters to support
budgeting, forecasting and actual versus budgeted performance.
. Lead financial reporting integration and
enhancements as part of GE divestiture to Rexel Groupe.
. Consistently monitor the performance of business
units using metric/indices to evaluate planned and expected
outcomes.
. Established positive relationships with business
units, encouraging them to view finance as a valued resource and
partner.
. Re-engineered critical planning and forecasting
processes resulting in significant cycle time reduction, reduced
error rates and increased quality/accuracy.
VINCENT (JIM) VARTULI Page 2
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WORK EXPERIENCE: (Continued)
GENERAL ELECTRIC INTERNATIONAL, INC. (GEII), Shelton, CT
An $8 billion division of GE with branches in 90 plus
countries to support all GE business units with expansion into global
markets.
GLOBAL CONTROLLER, CORPORATE SECRETARY & BOARD MEMBER
2005 - 2006
. Supported opening 21 new GEII branches to facilitate
business unit expansion into new international markets.
. Developed and implemented strategies to streamline
the set-up process in new international markets.
. Worked with GE business units and GEII Board Members
to establish a strategic partnership, whereby GEII shared ownership
and accountability for successful set-up into international markets.
. Strengthened GEII's shared senior accounting
functions through staff training and development.
. Improved controllership/oversight of GEII shared
services operations through extensive balance sheet reviews.
. Streamlined the consolidation process for issuance
of audited GEII global financial statements. Process improvements
reduced cycle time from 12 to 4 months.
. Spearheaded global initiatives to improve GEII legal
entity tax and statutory account filing compliance. In 2006 GEII
was 100% compliant globally.
. Managed GEII's treasury operation providing a $1.5
billion of funding to support GEII global expansion initiatives.
. Conducted functional currency assessment for all
GEII global operations to mitigate FX exposures.
. Lead initiative to partner with GE business units to
improve reconciliation process for $1.2 billion of inter-company and
intra-company billing.
GE SUPPLY, a division of General Electric Company,
Shelton, CT
SUPPLY CHAIN FINANCE MANAGER
2002 -
2005
. Key member of Business Cash Council that increased
cash flow from operating activities (CFOA) from $90 million to $180
million.
. Conducted financial analysis to support facility
expansion and relocations including buy and lease options.
. Presented executive level business reviews to GE
CEO, CFO and Vice Chairman, providing recommendations to support
improved cash flow.
. Developed and analyzed strategies to lower overall
supply chain costs including outsourcing decisions.
. Assumed financial management oversight including
accounting, reporting and analysis for $250 million in inventory,
$180 million of external accounts payable, $10 million of functional
cost, $30 million of outbound transportation, $20 million of annual
facility costs, $10 million of supplier rebate programs, $13 million
of cash discount income, and $14 million of regional distribution
center costs.
COMMERCIAL FINANCE MANAGER 2000 - 2002
. Worked closely with business development/marketing
team to develop strategies in support of business growth.
. Developed cross-functional relationships to gather
intelligence, evaluate risks and capitalize on revenue growth
opportunities.
. Worked with Vice President of Sales and commercial
leaders to provide sales projections, review new business
opportunities and review customer profitability with a focus on
return-on-investment potential.
. Worked in collaboration with executive finance team
and business units to mitigate commercial risks, while maximizing
customer profitability.
. Participated in customer and business meetings to
help close new deals and maximize return-on-investment.
NESTLE' WATERS NORTH AMERICA, Greenwich, CT
A $4 billion division of Nestle' S.A. and America's
leading bottled water company that bottles and distributes 15 well-
known brands across the United States and Canada.
DIVISION FINANCE MANAGER
1998 -
2000
. Prepared all revenue and expense planning for three
regions with combined annual revenue of $115 million.
. Participated in Essbase improvement and design team
to develop financial models and reporting tools for the home and
office division.
. Interfaced with division leadership team, corporate
accounting, transportation, and manufacturing to identify issues
that may impact financial results.
. Worked with division leadership teams to review
profitability on existing and new business opportunities.
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WORK EXPERIENCE: (Continued)
UST INCORPORATED, Greenwich, CT
The world's leading manufacturer and marketer of moist
smokeless tobacco products.
SENIOR FINANCIAL ANALYST
1993 -
1998
. Performed analysis of actual versus budget
performance for submission to BOD's.
. Developed departmental budgeting software
application to facilitate preparation, consolidation and analysis of
corporate departmental expenses.
. Assisted with development of a model to prepare
forecasts of earning and cash flow.
IBM INCORPORATED, Tarrytown, NY
ACCOUNTING ANALYST
1991
- 1993
EDUCATION
SACRED HEART UNIVERSITY, Fairfield, CT
Master of Business Administration with a Concentration in
FINANCIAL MANAGEMENT, 2002
PACE UNIVERSITY, Pleasantville, NY
Bachelor of Business Administration with a Major in
FINANCE and a Concentration in ACCOUNTING, 1991,
Cum Laude Honors
AWARDS/TRAINING
Nominated and graduated from 1st Gexpro Executive
Leadership Course, 2008
Nominated for GE Experience Financial Leadership Program,
2006
GE Hiring the Right People, 2003
GE New Manager Development Course, Crotonville 2002
GE Greenbelt Trained, 2001
GE Advanced Financial Management-Controllership, 2001
Consistently Ranked within Top Talent (Top 20%)
Nominated for Stock Options and RSU's Awards based on
Performance, 2008, 2007, 2004, 2002, 2001 Management Award Recipient,
2004, 2003, 2001
CERTIFICATION
Currently pursuing CMA designation
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