JAY KENNETH CORSON, CPA (inactive)
***** ******* ***** ***** 818-***-****
Northridge, California 91326-3871 **********@*****.***
Original employee in a half-billion dollar consumer products company
involved in direct response television, North American retail product
distribution with big box retailers, and international distribution;
additional experience with a major hospital and healthcare provider,
Internet companies and public accounting firms.
EXPERIENCE
Capital Brands, LLC, Brentwood, California 2001-2015
CFO/Director of Accounting
Manage and supervise all aspects of the internal accounting system
including accounts payable, accounts receivable, merchant processor
relationships, human resource and risk management function for
Homeland Housewares, LLC (Magic Bullet food processor), Nutribullet,
LLC (Nutribullet food processor), Back In Five, LLC (Back2Life
Therapeutic Massager), Provida Life Sciences, LLC (Michael Thurmond 6-
week Body Makeover kit) and Bullet Express, LLC (Bullet Express food
processor). Management was not limited to the main financial
accounting and oversight but also included the participation and
oversight of numerous operational functions:
1. Monitor/project product inventory to ensure appropriate inventory
levels for the infomercial and retail domestic requirements;
ordering and coordination with both domestic and overseas
manufacturers. Constantly monitor and oversee multiple fulfillment
centers in the United States and Canada.
2. Participate in the establishment of the Asia operations and
developed the management of the purchasing functions, establishment
of numerous SKUs, production reports and status schedules.
Communicated daily with offices in Asia to monitor metrics. Travel
to the company Hong Kong office and China factories.
3. Attend the International Home Housewares Show in Chicago and
various infomercial industry conventions on an annual basis to meet
major customers and maintain vendor relationships.
4. Perform Sales Manager functions and assist the sales force as
needed for both North American and international markets.
5. Handle and monitor all international orders with our distributors
including development of the products and manage all financial
details as required to ensure accurate processing of transactions.
6. Work directly with major customers (North American retail and
international distributors) to coordinate delivery of product based
on their needs and factory capacities.
7. Support the customer service department as needed.
8. Support the production department as needed.
9. Oversee various shipping companies to ensure orders are booked on
vessels and delivered and cleared timely with customs. Ensure
organization of shipping reports and documents as required.
Consulting Engagements
1996-2001
Financial Consultant/Controller Consultant/Internal Audit Consultant
Consulting assignments as an independent contractor:
10. Address various financial issues relating to the sale of
CareerPath.com and its merger with CareerBuilder.com during
transition including the integration of financial system processes.
11. Revamp a finance department by evaluating the financial situation
due to employee defalcation issues. This included a thorough
examination of all aspects of the financial statements, hiring
appropriate personnel to ensure a proper financial control
function, as well as securing an additional line of credit for the
company.
12. Detail projects including analysis of gross profit variances,
evaluation of accounting department internal controls,
implementation of new policies and procedures, workers compensation
audits, and control of daily deposit differences.
13. Refine payroll processes.
Cedars-Sinai Health System, Los Angeles, California 1997-2000
Health System Manager, Assistant Controller of Finance (1998-2000)
Senior Auditor, Internal Audit (1997-1998)
Prepare and analyze Health System and Medical Center financial
statements and compliance reports; coordinate internal and external
audits directly with Ernst & Young; establish and update financial
policies and procedures with various cost centers and entities for
the largest privately held non-profit health system in California
with more than 7,000 employees. Report to the Director of Finance,
Chief Financial Officer, and Senior Vice President of Finance. Plan
and execute financial, operational, compliance and data processing
audits for the Medical Center and its entities.
Certified Public Accounting firms 1990-1996
Senior Accountant and Auditor
Rothstein Kass/KPMG, Beverly Hills, California
Belinkoff & Barry, Los Angeles, California
Herbert F. Slavin & Co., Encino, California
EDUCATION
University of California, Los Angeles, Los Angeles, California
Bachelor of Arts in Economics, 1989
CREDENTIALS
California Certified Public Accountant (inactive)