GUY FAUST
** ********* ***, *** ********, NY **801
Home-914-***-**** Cellular: 917-***-****
********@***.***
Objective: To unleash value added potential to drive bottom line
results
Summary: Accomplished accountant with over 15 years of progressive
experience
Holder of MBA in business management
Able negotiator with customers, vendors and service
providers
Methodic problem solver-extremely tactical in execution
Experience:
Anne Fontaine USA Inc Jun 2014 - Present
US Corporate Controller
Manage accounting, AP, payroll and human resources function of mid-sized
women's couture house..
Specific Responsibilities: Financial statement prep, budgets, variance
analysis, address human resources issues.
. Partnered with Global CFO in rebuilding US team and established policies
and procedures that lend credibility and integrity to local reporting
. Provided local CEO and other department heads with visibility into
financial statements facilitating cost savings and accountability
. Negotiated with vendors to ensure best value by leveraging scale/scope of
enterprise
Akris Inc Jun 2008 - May
2014
Director of Finance and Operations
Managed accounting, payroll, human resources and operations function of
mid-sized women's couture house..
Specific Responsibilities: Financial statement prep, budgets, variance
analysis, process payroll, address human resources issues including
conflict resolution, terminations, hires, and employee benefits. Oversaw
general accounting, AP and office operations inclusive of vendor relations
and procurement.
Accomplishments included:
. Collaborated with Swiss parent in the creation of a travel and
entertainment policy which set well defined parameters and general
guidelines for sales personnel travel
. Partnered with CEO and other department heads in the creation of user-
friendly budget template, allowing for less intimidating accountability
of spend by budget holders
. Developed policies and procedures to facilitate customer
payments/chargeback resolution
. Support and empower boutique managers in dealing with employee issues,
third party service providers and act as a liaison between
wholesale/retail divisions
Rena Lange (USA) Inc Jul 2002 - May
2008
Controller/CFO
Managed the accounting function for this women's couture house with annual
sales of $10 million.
Specific Responsibilities: Financial statement prep, budgets, forecasts,
variance analysis, and cash flow projections. Oversee AR/AP, coordinate
year-end and bank audit.
Accomplishments include:
. Enhancement of the cash flow model, allowing for greater accuracy in
projection for short and long-term cash needs.
. Development of an Excel database for sample inventory that allowed for
better tracking of samples, as well as leveraging this database to move
from a manual sample sale invoice to electronic.
. Implemented several reporting models, which streamlined month/year-end
reporting, resulting in a 33% reduction of audit fees.
Boucheron (USA) Ltd. /Gucci America Jan
1989 - Jul 2002
Controller (Jan 1999 - Jul 2002)
$50 million wholesale distributor of exclusive timepieces and fine
fragrances based in NYC.
Specific Responsibilities: Financial statement consolidations, budgets,
forecasts, variance analysis, and cash flow projections. Oversee general
accounting, AR/AP/PR (7 direct reports) coordinate year-end audit.
Accomplishments include:
. Investigated inventory discrepancies which led to revamping the shipping
cut-off procedures
. Evaluated indirect selling costs resulting in trimming of unnecessary
spend.
. Reduced reporting time line through efficiencies of scale-from 2 weeks to
1.5
. Managed and motivated the transition team facilitating the absorption
into the acquiring company's systems.
Assistant Controller (Jan 1997 - Jan 1999)
Accomplishments include:
. Reorganized the accounts payable function to ensure the proper
classification of expenses.
. Restructured the pre-consolidation process providing the Controller with
additional time for meaningful review.
. Supported the Sales and Marketing teams with timely financial information
reflective of their cost center.
Staff Accountant (Jan 1989 - Jan 1997)
Accomplishments include:
. Revamped commission process resulting in a savings of 40 man-hours a
month.
. Part of a team tasked with formalizing the marketing spend procedures
which enhanced management's ability to quickly and accurately determine
the Company's commitment to individual customers.
. Tracked salespersons T & E by cost type, aiding management to determine
where savings could best be realized.
Education:
King Graduate School of Business, Monroe College
MBA Business Administration Apr 2008
York College, City University of New York
B.S. Accounting Jun 1999-Cum Laude
Computer skills: Proficient MS Excel, Word and Powerpoint / Systems:
Navision, QuickBooks, AS400, Lawson, PICK, Great Plains