THOMAS LOCURTO

** ******* **** 203-***-****

Prospect, CT 06712 abmraj@r.postjobfree.com

SUMMARY

Financial Executive with domestic and international

manufacturing/distribution experience. Expertise includes financial, MIS

and HR functions. Record of eliminating waste and increasing efficiency by

designing cost-effective programs. Background in:

. Performance Metrics

. MRP Systems

. Standard Cost

.

. Treasury

. Risk Management

. Lean Technologies

EXPERIENCE

ANSTRO MANUFACTURING INC., Wolcott, CT 2005-2009

$70 million manufacturer of Brake Parts.

Director of Finance

Reported to President with overall responsibility for corporate finance,

accounting, information services and human resources. Supervised staff of

eight.

. As key member of senior team, directed all financial aspects of three

manufacturing plants and one distribution facility.

. Assisted in the acquisition of two manufacturing plants located in

Guelph, Ontario Canada and Shanghia, China

. Monitored monthly "Key Operating Metrics" for manufacturing, including

daily production reports on: waste, absorption, on-time delivery, and

gross margin.

. Directed business team developing "strategy document" and related annual

budget.

Reduced inventory from 23,6 million to 18.2, million.

THE HITCHCOCK CHAIR COMPANY, New Hartford, CT 2002-2005

$29 million manufacturer and retailer of high-end furniture.

Director of Finance and Administration

Reported to President with overall responsibility for corporate finance,

accounting, information services and customer service. Supervised staff of

ten.

. As key member of senior team, directed all financial aspects of eight

retail stores and an 110,000 square foot manufacturing facility.

. Assisted in the consolidation of two plants improving throughput and

reducing costs, which led to improved quality and on time delivery.

. Monitored monthly "Key Operating Metrics" for both retail and

manufacturing, including daily production reports on: waste, sales per

full time employee, customer survey and inventory turn.

. Responsible for delivery scheduling, service calls, vendor relations and

managing a three fleet delivery service and two long haul teams.

. Directed business team developing "strategy document" and related annual

budget.

Reduced inventory from 8,6 million to 5,3 million.

THOMAS LOCURTO

18 Melissa Lane 203-***-****

Prospect, CT 06712 abmraj@r.postjobfree.com

REXAM COSMETIC PACKAGING, INC., Torrington, CT 1996-2002

$36 million manufacturer of lipstick cases.

Finance Director

Reported to President with overall responsibility for corporate finance,

accounting, and information services. Supervised staff of six. Directed

tax-reporting requirements using Hyperion software.

. As key member of senior team, directed all financial aspects of

division's turnaround from $2.5 million loss to operating profit of

$800,000 in 2001.

. Enhanced standard costing system which enabled various manufacturing and

sales reporting; injection molding operations - cycle time vs.

cavitization - run time/down time/set-up time; assembly and decoration

operations - speed and crew size variance; sales and contribution margin

analysis - by customer, product, product family.

. Monitored daily/weekly manufacturing "Key Operating Metrics" for

business, including daily production reports on: waste, value of

production by major operation, efficiency reporting by major operation

and sales/order/backlog - with standard margins.

. Assisted business team developing "strategy document" and related annual

budget.

. Reduced inventory from three to eight turns annually.

THE CLINIPAD CORPORATION, Guilford, CT 1985-1996

$60 million manufacturer of disposable medical supplies.

Controller

1990-1996

Reported to President with overall responsibility for corporate finance and

accounting function.

Accounting Manager

1985-1990

Reported to Controller and managed daily activities of Accounts Payable,

Accounts Receivable and Payroll.

QUALITRON CORPORATION, Danbury, CT 1982-1985

$50 million manufacturer of Printed Circuit Boards.

Reported to Controller and managed daily activities of Accounts Payable,

Accounts Receivable and monitored Cost, and standards.

EDUCATION & TRAINING

M.B.A. (21 credits), University of New Haven

B.S., Accounting, Teikyo Post University, 1983

Sales and Use Forums, State of Connecticut

Cost Accounting Reviews, Deloitte and Touche

Tax Seminars, Deloitte and Touche

Supervisor Training (In-House)

G.A.A.P. Courses, Deloitte and Touche

Executive Forum, International, Orlando

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