CFO with Profitability and Turnaround Expertise

Paul Rossi, Chief Financial Officer

East Northport, 11731, New York, 516-***-****, ***********@*****.*** SUMMARY Results-driven Chief Financial Officer with extensive experience in financial strategy, operational improvement, and P&L management. Proven ability to drive profitability, evidenced by a 20% reduction in operating expenses and a 6% gross margin improvement. Expertise includes financial modeling, cash flow projections, budgeting, and leading accounting departments. Adept at securing financing, negotiating favorable debt terms, and guiding companies through turnarounds and sales. Seeking to leverage comprehensive financial acumen to contribute to organizational success.

WORK EXPERIENCE

Consulting projects

Sharpe Concepts Incorporated

01/2022 – Present EAST NORTHPORT, United States

Calculated the valuation of this software development company. Assessed profit margins across various product lines. Identified potential gross margin improvements in product lines. Delivered cash flow projections for 2025 and 2026 to management. Consulting projects

Bugden software development company

02/2022 – Present EAST NORTHPORT, United States

Developed a website showcasing successful applications of financial modeling.

Conducted cash flow projections along with corresponding projected financial statements.

Reviewed software to ensure compliance with current generally accepted accounting policies.

Consulting projects

Gold Coast Cigars

04/2022 – Present EAST NORTHPORT, United States

Discussed potential financing sources including bank loans, private equity loans, and SBA financing options.

Analyzed various sites considering traffic studies and local income. Evaluated payroll systems to determine their suitability for Gold Coast Cigars' needs.

Reviewed human resources software and fixed assets software pertaining to gross margins.

Explored franchising opportunities versus corporate-owned stores. Installed QuickBooks for financial management.

Consulting Chief Financial Officer

Evans & Paul LLC

04/2016 – 09/2022 Plainview, New york

Negotiated a refinancing of corporate debt under highly favorable terms for the company.

Secured various loans from the SBA during the COVID-19 pandemic. Transformed the company from years of losses to sustainable profitability. Consulting Chief Financial Officer

Clever Devices Inc.

03/2007 – 07/2016 EAST NORTHPORT, United States

Negotiated an increase in the line of credit with the bank, coupled with a reduction in personal guarantees.

Implemented a full project costing system for real-time project results tracking.

Participated in the installation of MRP and Cost Accounting packages utilizing Axapta software.

Obtained approval for the company to be classified as a Regionally Significant Project (RSP).

Managed and supervised the daily operations of a 4-person accounting department.

Installed a comprehensive budget reporting system linked to all general ledger accounts.

Chief Financial Officer

Modern Medical Systems

09/2003 – 08/2007 EAST NORTHPORT, United States

Authored a three-year strategic plan.

Instituted cost reduction programs that decreased operating expenses by 20%.

Implemented an MRP system in the materials management department. Enhanced field service technician efficiency by establishing proper controls. Negotiated over $500,000 in vendor cost reductions. Chief Financial Officer

Augros Sa

01/2000 – 12/2003 Hauppague

Developed a three-year strategic business plan with benchmarks. Implemented a complete departmental budget program. Recruited to assist in restructuring the company to restore profitability. Successfully restructured outstanding debt, resulting in a new debt agreement.

Launched initiatives to improve gross margin by 6%. Negotiated lower utility rates with the New York Power Authority, saving the company 20%.

Chief Financial Officer

Anorad Corporation

01/1994 – 01/2000 Hauppauge

Led teams that enhanced gross margins by 5%.

Contributed to the company's turnaround from losses to achieving 10% earnings after taxes, successfully completing the sale of the company to Rockwell International (NYSE).

Effectively placed the company in the New York State Power Authority's

“Power for Jobs Program.”

Chief Financial Officer

Medical Action Industries

02/1989 – 08/1994 EAST NORTHPORT, United States

Collaborated with private equity firms to secure funding for the company. Participated in company roadshows to enhance corporate visibility. Established a comprehensive cost accounting and budgeting process. Audit supervisor

Ernst & Young

06/1979 – 04/1985 EAST NORTHPORT, United States

Chief Financial Officer

International Hydron

01/1988 – 01/1995 EAST NORTHPORT, United States

EDUCATION

Hofstra University

BBA, Public Accounting

1966 – 2029 EAST NORTHPORT, United States

Hofstra University

MBA, Corporate Finance

1978 – 1983 Hempstead, New York

SKILLS Cost Accounting Installation of ERP Systems Installation of Software Financial modeling

Cash Management Installation of Budgets

MRP ERP systems

Quick books Corporate/Team Leadership

Turnaround Specialist Performance Based Management Mergers and Acquisitions Operating Income Improvement Process Flow Development Gross Margin Improvement

Manufacturing Cash Flow Management

Budgeting Forecasting

Revenue Cycle Management Financial Reporting

Internal Controls Senior Financial Management

Leadership Communication

Organizational Skills Problem-Solving

Attention to Detail Financial Analytics

Financial Performance Analysis CPA

MBA Mergers and Acquisitions

Expansion Initiatives Accounting Platforms

Financial Management Software

Certified Public Account

Hofstra University

CERTIFICATES

Contact this candidate