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Chief Financial Officer

Miller Place, New York, United States
November 12, 2018

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WILLIAM JOHNSON ** Minuteman Court, Miller Place, NY 11764 631-***-****



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A strategic and hands-on financial executive who has multiple industry experience and a strong operational and systems background. Proven ability to improve profitability, support aggressive growth plans, implement best practice infrastructure, provide timely and actionable financial information and ensure all compliance needs are met. Finance: Strategic: Accounting\Compliance:

Tax Strategy Strategic Planning GAAP

Treasury Management M&A SOX

FP&A Leadership Financial Modeling Audit

Process Management Benchmarking & KPIs Cost Accounting

Cash Flow Optimization Systems Implementations Monthly Close

Risk Management Business Intelligence Policy Setting EMPLOYMENT HISTORY & HIGHLIGHTS

Chief Financial Officer

ABC Worldwide Stone Trading, LLC, Brooklyn, NY 5/2017 to Present ABC Stone Trading, Inc., Hicksville, NY 5/2017 to Present CFO responsible for all financial, accounting, administrative, HR, risk management, IT, Inventory Control and legal affairs of a wholesale distributor of natural stone products. Managed a staff of 6 with 4 direct reports.

• Doubled cash balance in first 5 months with the company and implemented infrastructure. The company lacked the ability to generate cash in line with its healthy revenue growth and needed key personnel, policies, controls, reporting and improved visibility to financial performance.

o Doubled cash balance in the first 5 months through working capital management, policies and controls. o Implemented corporate infrastructure such as controls, systems, targets, policies, reporting and budgeting. o Established formal inventory control team, policies and procedures. o Oversaw administrator, development and dashboards to be used. o Implemented formal HR and Material Planning functions Contract CFO Positions: 1/2016 to 5/2017

Chief Financial Officer - ABC Worldwide Stone Trading, LLC, Brooklyn, NY

• Financially modeled the company and provided an achievable plan to improve cash balance significantly. Chief Financial Officer - Gersh Academy, Huntington, NY

• Built much needed financial infrastructure (reporting, controls and systems) and identified $500k of cash flow savings. Chief Financial Officer - AquantaPure LLC, Miller Place, NY

• Formed start-up company, built infrastructure, identified funding sources and conducted investor presentations. 2 P a g e

SVP Finance & Accounting

Biodex Medical Systems, Inc., Shirley, NY {Private Manufacturing co., 208 FTE’s} 9/2012 to 12/2015 Top financial position responsible for all financial, accounting, administrative, risk management, IT and legal affairs of a medical device manufacturer. Managed a staff of 15 with 4 direct reports.

• Played a key role in increasing EBITDA and implementing infrastructure. The company lacked automated financial reporting, a budgeting process, performance targets and visibility into performance, making it difficult to implement strategic pricing initiatives or plan capital investments based on a projected cash position. o Increased cash by $1.2M during first year through debt restructuring ($900k) and pricing strategy ($300k). o Implemented financial infrastructure for controls, systems, reporting and budgeting. o Developed significant strategic financial modeling for pricing, new product introductions, LT cash management and revenue analysis.

o Established business intelligence platform and deployed throughout the company. o Reduced the monthly close cycle from 4 weeks to 5 days through lean accounting concepts. o Built a formal budgeting process, a 5-year plan and established key performance metrics. o Built a GAAP compliant Hyperion financial reporting and consolidation system. o Revised company’s cost accounting for improved profitability reporting and inventory valuation. o Established KPI’s, benchmarking and competitive analysis. o Created an understandable and automated financial reporting package and long-term financial model. o Managed a staff of 15 with 4 direct reports.

o Presented financial performance to Sr. Management on a quarterly basis and discussed options. VP Finance & Accounting

Enzo Biochem, Inc., Farmingdale, NY {$100M, Public Biotech Mfg co., 500 FTE’s} 9/2008 to 9/2012 Head of divisional finance & accounting. Responsible for all global financial, accounting, administrative, risk management, IT, SOX and legal affairs for the $40M Life Sciences Division of Enzo Biochem, a $100M public company. Managed a staff of 22 with 7 direct reports. Left company in pursuit of a CFO role.

• Fueled growth and built division aggressively. The Enzo Life Sciences division was not growing. As part of a three-person team that included the CEO and CSO (Chief Science Officer), an aggressive acquisition growth strategy was formulated. o An aggressive M&A growth strategy was formulated that grew the division from $3M to $40M. o Spearheaded target company valuations, due diligence, contract review, integrations, organizational building and policy setting.

o Implemented GAAP and SOX standards for private companies acquired. o Established tax strategy on transfer pricing and prevented $3M foreign tax exposure during company consolidations.

o Implemented cost accounting and KPI’s for existing and acquired companies. o Led a global, $3M ERP implementation which was on time, on spec and $800k under budget. o Replaced an ineffective financial reporting system (i.e. FRX) and reporting package with Hyperion and lean accounting practices, leading to an improvement of the monthly closing process by several weeks. o Established/deployed a sales oriented business intelligence platform allowing for multi-dimensional analytics and reporting.

o Managed a global staff of 22 with 7 direct reports. Director Management Systems & Processes

The Associated Press, New York, NY {$638M, Not for Profit/Coop News, 3,400 FTE’s} 10/2007 to 9/2008 o Conducted order-to-cash, purchase-to-pay and financial close process reviews and revisions. o Responsible for corporate financial systems including Hyperion Planning\Essbase, Axapta, and Concur. 3 P a g e

Director Financial Planning & Analysis

MDC Partners, Inc., New York, NY {$1.1B, Public Mktg Communications, 7,200 FTE’s} 9/2005 to 9/2007 As Head of Corporate FP&A Department, responsible for producing forward looking financial statements, financial systems administration and partnering with Managing Directors on valuing and acquiring majority ownership in advertising agencies. Performed significant work in financial modeling, company valuations and performance monitoring of acquisitions and acquisition targets. FP&A department was eliminated due to downsizing. o Built a Hyperion financial reporting and planning system and managed the administrator. o Created forward looking P&L, balance sheet, cash flow and capital budget statements. o Designed and deployed a global budget\forecast process and automated package. o Relocated the Corporate office (systems, records, processes) from Toronto to NYC. Senior Finance Manager

Symbol Technologies, Holtsville, NY {$741M, Public Data Capture Mfg. co, 5,400 FTE’s} 4/2004 to 9/2005 Responsible for corporate financial planning and analysis and divisional monthly close & consolidations for the Global Products Group. Assisted with Symbol’s acquisition by Motorola. Managed a team of 2 employees. Left for higher level position and avoidance of potential position elimination due to acquisition. o Automated reporting\close processes using Hyperion Essbase and Business Warehouse (SAP). o Served as Divisional representative for new system implementations and functional workout teams o Managed the project cost tracking system.

o Implemented bonus tracking processes in collaboration with Human Resources. Finance Manager

The New York Times, New York, NY {$3.3B, Public Media/Publishing co, 12,300 FTE’s} 9/1999 to 4/2004 Responsible for Corporate Consolidations, Financial Planning & Analysis and Financial Systems Administration. Managed 1 Financial Analyst. Left company to pursue future advancement possibilities within the Finance dept. o Responsible for the consolidation of company-wide actual and budget information o Generation of financial packages and Board of Director information. o Implemented financial database policies and procedures and assured Sarbanes Oxley 404 compliance. o Served as System Administrator of the corporate financial reporting and consolidation system (Hyperion Enterprise) and analytical system (Hyperion Essbase). o Led automation projects focused on Hyperion interface with PeopleSoft General Ledger. o Received the Year 2000 Chairman’s Award for re-engineering the financial close process. Corporate Finance Manager

General Semiconductor, Inc. {$500M, Public Manufacturing co, 2,000 FTE’s} 3/1994 to 9/1999 Managed technical accounting, IPO due diligence, 10Q\10K preparation, SEC reporting, public filings, financial planning & analysis, financial modeling, currency hedging and global financial systems administration. Left due to upcoming acquisition of General Semiconductor by Vishay.

Material Planner

Standard Microsystems, Inc. {$100M, Public Manufacturing co, 500 FTE’s} 6/1992 to 3/1994 Liaison between Sales, Marketing, Engineering, Purchasing, Manufacturing and Production Control in the assurance of FG level assemblies for B2B sales. Managed subcontractors and drove MRP improvements. 4 P a g e


Industry Experience:

o Manufacturing (Electronics, Biotech, Medical Devices and Semiconductors) o Publishing\News\Media

o Services

o Education Management

o Natural Stone Wholesale Distribution

Education: MBA, Banking & Finance, Dowling College, Oakdale, NY, 1996 BBA, Accounting, Dowling College, Oakdale, NY, 1992 Certifications: Hyperion Essbase Administration - 1999 Hyperion Enterprise Administration - 1994

Computer Skills: MS Office (Advanced in all products with light Access experience) ERP implementations (hands-on executive sponsor) - $3M global project CRM implementation (hands-on executive sponsor) - $300k domestic project Financial Reporting & Consolidation implementations (led and built various platforms) Additional information: Enjoy golf and family activities.

Contact this candidate