Karl S. Semkow
Secaucus, New Jersey 07094
Profile
A results oriented Director of Finance/Human Resources with over 25 years’ experience, seeks challenging opportunity in a progressive, people oriented environment. Demonstrated strengths include leadership, strategic planning, quality processes and human resources including the training and development of people at all levels, but especially future leaders within the organization. I have successfully implemented processes that have increased revenues and efficiencies, decreased costs and improved methods for organizations best known for exceeding both customer and employee expectations.
Career Accomplishments
The Food Bank for Westchester, Inc.
Non-Profit Organization feeding Westchester’s Hungry
Director of Finance and Human Resources 2002 - 2014
Built a Finance Department for growing non-profit.
Established controls, benchmarks and efficiencies where very few previously existed.
Enhanced financial reporting by working with CPA firm to more correctly portray revenue and expense. Also demonstrated previous audit and control deficiencies.
Forged more beneficial business relationships with vendors, suppliers, insurance carriers and financial institutions.
Crockett & Buss, Inc.
$20 Million wholesale flooring distributor, Est. 1926
President and Chief Operating Officer 1996 - 2001
Directed company to most profitable year in 75 year history.
Transformed corporate culture through implementation of a Quality/Constant Improvement Program, concentrating on process ownership, participative management and accountability.
Provided leadership and vision necessary to produce results that consistently exceeded expectations (i.e. sales, profitability, customer satisfaction, claims, bad debts and turnover of personnel).
Identified and implemented winning strategies for both today and tomorrow.
Negotiated fiscally responsible union contracts through superior working relationship.
Chief Operating Officer 1994 - 1995
Increased profitability in spite of shrinking margins and ESOP debt service through superior expense management and service levels that surpassed customer expectations, resulting in increased market share in a dual distribution market.
Hired and developed individuals with uncommon character and work ethic who displayed the ability to raise the performance levels of others through exemplary leadership.
Conducted performance appraisals and counseling with the goal of finding the key to optimum performance for each employee fostering their advancement within our organization.
Achieved negligible turnover, dramatically increasing efficiencies and continuity.
Chief Financial Officer 1989 - 1993
Provided leadership and direction necessary to increase earnings by 600k in 1992 following a down year marked by poor marketing decisions.
Established and administered Employee Stock Ownership Plan with KPMG.
Negotiated revolving lines of credit ($2.5 million) for working capital purposes.
Negotiated new insurance relationships for health, liability, fleet and workers compensation resulting in 25% aggregate savings.
Redesigned financial statements so as to provide more detailed comparative information resulting in quicker, more effective decisions.
Directed KPMG on financial planning, systems review and audit procedures.
Education
Nassau Community College - A.S. - Accounting
New York Institute of Technology - B.S. - Business Administration
References furnished upon request
To Contact:
Home 201-***-****
Cell 914-***-****
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