Management Back Office

RONALD TOFFOLO

Denville, New Jersey

***.*******@*****.*** 973-***-**** linkedin.com/in/rontoffolo

CONTROLLER / FINANCE & OPERATIONS MANAGEMENT/ CFO

Accomplished finance and operations leader with an MBA, providing on-time and in-depth management reporting, strategic guidance and financial conscience to executive management. Driver of top and bottom line growth initiatives. Hands-on work ethic compliments a mentoring approach to building and managing motivated, results oriented finance and back office teams. Experienced in manufacturing, distribution and service provider organizations within the consumer products, motion picture, advertising and marketing industries. Selected as a finalist for NJBIZ “CFO of the Year”.

Budget and Forecasting Audit, Tax and Legal Support FP&A

KPI’s and Performance Metrics Process Improvement Internal Control

Management Reporting Contract Negotiations Cost Containment

Insurance / Lease Management Operations Management Cash Management

System Implementations Hyperion / Great Plains / SAP GAAP / IFRS

PROFESSIONAL EXPERIENCE

ECLIPSE MARKETING SERVICES, INC. 2014 – Present

Eclipse Marketing Services is a national, award-winning, advertising agency specializing in the cable television and internet streaming markets. Their clients consist of major movie studios, television networks and cable & internet providers.

VP FINANCE AND OPERATIONS / CONTROLLER

Responsible for the company’s finance, accounting, legal, human resources, information technologies and production operations.

Reduced overhead and labor costs by over 20 % by initiating a company-wide “Cost Busters” program.

Installed a Customer Resource Management system (CRM) and time tracking system, resulting in more accurate revenue forecasting and greater control over labor costs.

Streamlined and shortened monthly closings cycles, implemented a budgeting and rolling forecast process giving greater visibility to cash management and operational issues impacting the top and bottom line.

Reduced rent costs by $1Million by spearheading a company relocation project.

Reduced health insurance costs by 40%, while eliminating HR legal costs and ensuring compliance with federal and state labor laws by bringing in a Professional Employment Organization (PEO) to outsource HR.

Page Two RONALD TOFFOLO 973.551.086

TECHNICOLOR, INC., 1993 – 2013

World leader in motion picture film processing, release printing and post production services. Started as Controller for their NY divisions, promoted to VP Finance & Operations-NY and Group Controller-US (NY revenue $50Million, US group revenue $250Million).

VP FINANCE / GROUP CONTROLLER - Technicolor, U. S. Post Production (2011 – 2013)

Group Controller for the 4 U.S. post production divisions, managing financial reporting, budgets, forecasts, month and year end closings, GAAP and IFRS compliance, SOX reporting and KPI development and analysis. Right hand to divisional presidents and general managers, focusing on areas of risk and opportunity, cost containment and strategies to achieve projected results.

Initiated a monthly review process to improve collaboration and efficiencies within the group, resulting in the discovery of almost $2Million in excess reserves.

Reduced purchase price on the acquisition of a competitor by $1Million through negotiation strategies and due diligence.

Managed the accounting team’s portion of the successful implementation of an SAP-FICO/Business Warehouse financial system, including development of P&L reporting by line of business.

CONTROLLER / VP FINANCE & OPERATIONS - Technicolor, N.Y. (1993 – 2011)

Hands-on management of finance and back office operations. Given the additional responsibility for running the NY film laboratory’s operations in 2009.

Turned around a poorly performing finance department by re-training and mentoring, streamlining processes and tightened controls; resulting in a 4-day closing cycle and improved accounts receivable aging, previously over 150 days to under 30 days.

Negotiated major concessions with labor union, reducing costs by over $1Million per year.

Implemented a global film stock purchasing initiative in Europe, Canada and the U.S. which resulted in over $1.2M in cost savings per year.

RIZLA, U.S. – U.S. Division of Rizla International 1977 - 1993 Manufacturer and distributor of consumer products in the Candy and Tobacco Industry. Steadily progressed from staff accountant to Controller and V.P. of Finance.

ACADEMIC CREDENTIALS

FAIRLEIGH DICKENSON UNIVERSITY, Madison, New Jersey MBA, Finance - 1976

ST. JOHN’S UNIVERSITY, Jamaica, New York BS, Accounting - 1992

CONTINUING EDUCATION CREDITS (CEUs) various relevant subjects

PROFESSIONAL AFFILIATIONS

Financial Executive International (FEI)

Financial Executive Networking Group (FENG)

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