Accounting/Finance

BONNIE MACALUSO

*** ******** **** ******* *****, New Jersey 07442

862-***-**** **********@*****.***

DIRECTOR OF FINANCE / CONTROLLER

Dynamic Financial Director and Controller with more than 25 years of consumer product industry experience. Demonstrated expertise in accounting and financial operations including revenue analysis, product profitability and retail merchandising. Skilled at managing brand and divisional level operations up to $250 million and corporate finance of $2 billon. Strong product profitability reporting experience managing $250 million in sales and $200,000 in expense budgeting. Solid experience analyzing advertising and promotions for ROI.

Financial Director Controller Budgeting Financial Analysis General Ledger Performance Modeling

Fiscal Program Development Banking Relationships Financial Planning Team Leadership / Motivation

Financial Reporting Payroll ROI Analysis Economic Forecasting Operational Planning Credit Lines

Root Cause Analysis Revenue Recovery Data Analysis Operational Analytics Net Worth Leveraging

Policy Development Key Metrics Performance Management Strategic Initiatives Client Relations M&A

Scheduling Timelines Business Development Communication Financial Strategy Operational Analytics JDE/Oracle

HABAND COMPANY Mahwah, New Jersey 2001- 2016

Direct to Consumer Mail Order Company specializing in value apparel and home goods to the senior market.

Brand CFO 2013 – 2016

Managed three financial analysists providing information and recommendations to the company president. Provided monthly and quarterly financial statement and operations review, financial forecasts and analysis for strategic business planning and cost containment initiatives. Member of the Executive Leadership Team, reporting directly to the CEO, played a critical role in all financial decisions company wide.

Achievements:

Established initiative team to ensure meeting EBITDA goals. Reached company goals for 2014 and 2015.

Analyzed returns processing income for Haband brands in comparison to sister brands. Determined issue with label processing resulting in lost returns income. Corrected returns processing increasing income by $675,000.

HABAND COMPANY Oakland / Mahwah, New Jersey 2002 – 2013

Director of Finance

Lead accounting, finance, payroll, accounts payable and cash management departments. Managed 11 employees in financial and accounting operations. Developed and maintained vendor and bank relationships, monitored credit lines, and resolved financial issues. Provided due diligence for sale of company to Goldengate Capital. Directed debt refinancing and P/L restatements for Orchard Brand Bankruptcy. Established drop ship program generating 24% EBITDA. Managed accounting operations move of corporate offices from Oakland to Mahwah. Automated accounting operations reducing operational cost by $500,000. Enhanced purchase analysis to determine product profitability and increase company EBITDA from $10 to $25 million within three years. Launched private label credit card providing 16% incremental income.

Achievements:

Established custom’s compliance for water resistant products. Analyzed products and PO’s and issued $100,000 customs payout to resolve import compliance potentially saving $1 million in customs obligations.

Centralized Accounting Group operations to establish timelines and streamline monthly and annual closing processes. Provided staff training to improve accounts payables and accounting processing and develop $300,000 in savings.

Developed vendor payment system based on gross shipments to ensure product delivery.

BONNIE MACALUSO Page 2 **********@*****.***

HABAND COMPANY Oakland, New Jersey 2001 – 2002

Manager of Financial Planning and Analysis

Developed financial models to validate budgeting and planning process. Analyzed sales development and mailing curves, departmental expenses and advertising ROI. Managed reporting for gross sales of $200 million and up to $195 in expenses.

Achievements:

Streamlined month end closings to reduce processing time and improve reporting (from 30 days to 7 day). Simplified entry process and trained department on JDE software. Loaded budgeting information into financial system for monthly comparisons leading to improved decision-making and expense savings of $100,000.

Performed Sales Reconciliations to accurately report gross and net sales. Identified unreported and inaccurate items to improve P&L reporting accuracy and reducing cancelled and sold out orders by 2% or $200,000.

Expanded product reporting from divisional and product gross sales to profitability and EBITDA. Included additional data compiled to show product margins and increase divisional profitability by 150% or $1.5 million.

Additional Experience

Senior Financial Instructor, J. D. Edwards, Secaucus, New Jersey

EDUCATION

Bachelor of Science in Accounting

William Paterson, Wayne, New Jersey

Financial Management Studies

New Jersey Institute of Technology, Newark, New Jersey

PROFESSIONAL TRAINING

Certified JDE Instructor

Certified Instructor JDE AP Systems

AFFILIATIONS

The Alex Macaluso Foundation Treasurer

COMPUTER SKILLS

Microsoft Office Suite, JDE systems (Oracle), Infinium General Ledger, TM1

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