Joseph G. Scannelli
** *********** ******, *********, ** 07726
Cell: 732-***-**** Email: *******@***.***
Summary
Accomplished and integrity-driven professional offering over 10 years of
business success on national and international level with strong
concentration in Finance, Relationship/Team building, and Customer Service.
Recognized as a savvy leader with strengths in re-engineering business
processes, building consensus, and managing human and financial resources.
Financial Planning & Analysis Regulatory & Compliance Affairs
Process Re-engineering Project Management
Sales & Marketing Support Business & Risk Management
Professional Experience
ENK International Trade Events, LLC, New York, NY
1/07-Present
Controller/Treasurer
Detail-orientated business manager with overall responsibility for the
financial operation of this $65MM tradeshow producer. Duties include budget
preparation and administration, audit, legal support, accounting, and other
administration functions. Prepare monthly, quarterly, and annual reports
for senior management and board of directors. Directly manage the
department of 5 accountants including accounts payable, accounts
receivable, billing, collections, and human resources. Responsible for
developing, implementing and maintaining sound internal control programs
and processes.
. Interact with tradeshow participants to address all show-related booth
assignment requests.
. Team leader on ERP systems implementation project.
. Negotiated insurance contracts with various carriers and affected a
$200,000 savings by consolidating coverage and expanding the term
limits.
. Prepare and present monthly financial package to senior management and
Board of Directors.
. Direct and coordinate debt service payments with lenders.
. Function as key expert regarding all technical accounting advice.
. Prepare quarterly debt compliance ratio tests in accordance with loan
agreements.
Internet Fitness, Mount Laurel, NJ
3/05-1/07
Controller
Recruited by President and CEO of this $45MM International internet-based
retailer of exercise equipment to assist in private equity buyout and bring
structure and process to the functional areas of budgeting, treasury,
inventory control, accounts receivable, accounts payable, general
accounting, and financial reporting. Managed a staff of 5. Key
accomplishments were:
. Performed profitability analyses to support current business and
proposed initiatives.
. Reduced monthly closing of financial results from 20 days to 7 days.
. Designed and implemented an annual budget process that supported a 5-
year plan.
. Assessed and implemented a finance organization structure to support
the company's efforts that included head count reductions that were
cost effective, yet increased productivity and self-confidence.
. Delivered substantial savings by planning and implementing
consolidation of insurance across the company's 3 warehouse locations.
Joseph G. Scannelli
Resume - Page 2
Arbinet Inc., New Brunswick, NJ
2/02-3/05
Director of Financial Planning and Analysis
Served as Director of Financial Planning & Analysis of this start-up,
internet-based Telecommunications company. Performed financial modeling of
expected cash flows for new initiatives for both US Parent and UK
subsidiary. Responsible for accounts payable, cash management, and
financial reporting. Prepared and filed property tax and VAT tax returns
for parent company and subsidiaries.
. Assisted in the preparation and review of all SEC filings, including
Form 10-Q and Form 10-K.
. Conducted meetings with plan owners to review plan inputs,
assumptions, and forecasts.
. Team leader on Oracle Financials systems implementation project.
. Partnered with business colleagues to modify processes to meet
changing business needs.
Alexander Doll Company, New York, New York
2/95-2/02
Corporate Controller/Treasurer
Served as Controller/Treasurer for this $50MM Manufacturer and e-tailer of
collectible dolls and charged with rebuilding the company's accounting and
financial operations and to automate manual general ledger systems.
Implemented inventory controls that minimized excess inventory.
. Renegotiated bank lines of credit and obtained more favorable terms at
reduced rates, improving cash management while securing $10 million in
funds for company growth.
. Prepared daily loan reports and reconciled collateral and indebtedness
balances.
. Completed and analyzed monthly financial statements and comments on
variances of margins
. Prepared monthly and quarterly Working Capital Review Analysis.
. Managed cash flow projections to determine the company's borrowing
base on revolver loan.
. Initiated and managed the annual operating budget.
Charlie Brown's Restaurant Group Inc., Mountainside, New Jersey
6/88-2/95
Controller (11/92 - 2/95)
Assistant Controller (6/91 - 11/92)
Responsible for the preparation of a monthly unit and overhead P&L and
proformas. Managed the monthly closing process in accordance with generally
accepted accounting principles.
. Augmented sales revenue through development and implementation of
vendor discount program.
. Prepared cash flow projections and cost analyses.
. Supervised six employees including A/P, A/R, and Financial Analysis.
. Successfully implemented ADP payroll processing system for the
company's 35 unit locations.
Internal Auditor (6/88 - 6/91)
Managed and conducted monthly compliance audits to determine the extent of
adherence to the company's policies, plans and procedures.
. Developed action plans for improvement in conjunction with Operating
Management.
. Assessed and managed business risk, made recommendations on improving
internal controls.
. Reviewed and appraised the soundness, adequacy, and application of
operating control.
. Prepared written reports of audit results for presentation to senior
management.
COMPUTER SKILLS
Extensive knowledge and use of Quickbooks, Microsoft Excel, Word,
PowerPoint, Great Plains including FRx, Oracle, Lawson, and Crystal
Reports.
EDUCATION
Fairleigh Dickinson University, Madison, New Jersey
B.S., Accounting 1992