CFO

ANDREW J. HECKER, C.P.A., M.B.A.

** *** ***** *******, **. 30342

Tel (678) 749 – 2515

Email: ********@*****.***

SUMMARY

Hands on CPA/MBA with public accounting/private industry background. Private industry experience consists of retail, retail services, manufacturing, and distribution. Public Accounting experience includes auditing, tax, and business advisory services. For the past ten years, I have managed the back offices of privately held businesses generating $15 to $150 million in annual revenue. I have had direct responsibility for the areas of Accounting, Financial Reporting, Treasury, Insurance, Payroll, Human Resources, Loss Prevention, IT, Accounts Payable, Accounts Receivable and Billing, Planning and Budgeting, Taxation, and Special Projects. Managed five to thirty five personnel, both clerical and professional. CFO position eliminated due to sale of Party City of Atlanta. Very strong references.

EMPLOYMENT HISTORY

Party City of Atlanta, Inc. / Party City Franchise Group, LLC

Atlanta Retailer with 25 locations, 600+ employees, $50 million in annual sales.

Chief Financial Officer 2004 – 2008

·Dramatically increased value of the business over a three year period by focusing on core fundamentals that included the following:

·Implemented cash management initiatives in several areas including Inventory, A / P, and banking, resulting in a reduction of borrowing requirements of $1,000,000.

·Cut commercial insurance costs by over $60,000 annually via effective renegotiation of renewal rates.

·Reduced the cost of group health insurance by over $50,000 annually by consolidating coverage and modifying plan design at renewal.

·Reduced personnel costs by $175,000 annually by streamlining processes and eliminating positions in the areas of Accounts Payable, Accounting, and General Administration.

·Implemented a web-based time and attendance system resulting in improved efficiency and processing regarding biweekly payroll for 600 – 1,100 employees.

·Successfully redeployed resources to create a more effective recruiting and development function within Human Resources that facilitated a company wide topgrading effort.

·Properly staffed key positions in the backoffice to create a high energy service organization capable of supporting growth efficiently and effectively.

·Supervised ten professionals and associates in the areas of Accounting, Financial Reporting, Cash Management, Insurance, Payroll, Human Resources, Loss Prevention, IT, Accounts Payable, Financial Planning, and Special Projects. Performed interim CFO duties for Party City Franchise Group (under contract) for the period November 1, 2007 through July 31, 2008. Party City of Atlanta CFO position eliminated upon sale of assets to Party City Franchise Group. Atlanta backoffice integrated into New Jersey location.

Option Care, Atlanta, GA

DME and INFUSION THERAPY healthcare provider with 150 employees, $24 million in annual sales.

Chief Financial Officer 2001 – 2003

·Improved business performance through a variety of initiatives including the following:

·Reduced DSO from 97 to 72 days via the use of electronic billing, incentive programs, individual and team goal setting, improving training programs, utilizing process analysis, creating a quality assurance function, and communicating extensively with the Operations Group. Ultimately achieved a DSO level at 70% of the industry average.

·Created and implemented both a cash flow model and cash management procedure effective in managing the company’s $500k in weekly receipts as well as its $900k credit line.

·Created and implemented a WAN linking 5 metro Atlanta locations that dramatically improved communication and productivity among the company’s 100 plus employees, allowing revenues to grow faster than expenses.

·Created and implemented an annual planning process focusing on the key business variables driving top and bottom line growth, and playing a key role in the execution of that business plan.

·This new planning process facilitated annual sales increases from $12 million to $24 million over a 30 month period. Bottom line profitability increased from 6% to 10% over the same period.

·Created and implemented periodic financial performance reviews, complete with detailed variance analysis, to educate operations and administrative personnel and create an environment of increased accountability for operational and financial results.

·One of three senior managers responsible for effectively managing annual Sales growth from $12 to $24 million over a 30 month period. Supervised headcount of thirty six in the areas of IT, Human Resources, Reimbursement, Accounts Payable, General Accounting, Financial Reporting, Planning and Budgeting, and Cash Management and Banking. Position eliminated due to sale of the company.

Retail Marketing Services, Inc., Atlanta, GA

National B2B B2C service company with 600 employees, $15 million in annual sales.

Vice President – Finance (CFO), 1998 – 2001

·Improved business performance by:

·Rebuilding and reengineering core call center functionality including the physical network, database architecture, customer interface, and scheduling algorithm resulting in a significant improvement in productivity and morale, as well as increased predictability and reliability in process deliverables.

·Implementing a new LAN; Creating and implementing an effective cash management function for managing the daily cash position; managing the business through a turnaround that ultimately resulted in a 25% CAGR; Supervising eight professionals in the areas of finance/accounting and IT, from policy and procedure through execution.

Magic Solutions, Inc., Paramus, N. J.

International producer & distributor of software, $60 million in annual sales.

Corporate Controller, 1997 – 1998

·Supervised staff in the areas of accounting, consolidated financial reporting, taxation, cash management, and insurance. Position eliminated due to acquisition of the company.

Simplicity Pattern Company, Inc., N.Y., N.Y.

International manufacturer & distributor, $100 million in annual sales.

Corporate Controller, 1993 – 1997

·Supervised five professionals in the areas of strategic planning, accounting and financial reporting, taxation, and presentation of financial results to senior management.

General Cigar Company, Inc., N.Y., N.Y.

International manufacturer and distributor, $80 million in annual sales.

Asst. Controller, 1990 – 1992

·Supervised staff in the areas of A/R, A/P, F/A, monthly closings and financial reporting, payroll, insurance, cashflow, and financial planning. Job relocated to another state.

Public Accounting 1982 - 1990

·Initially employed by Peat Marwick Mitchell in NYC as a staff auditor in the Financial Services area. Migrated to a well established firm of 30 professionals with an international clientele performing supervisory duties in the areas of taxation, auditing, and cash management. Ultimately spent four years as a sole practitioner before choosing a career in private industry.

EDUCATION

S.U.N.Y. – Albany, B.S. – Accounting. Graduated Cum Laude.

Pace University, N.Y.,N.Y., MBA – MIS.

Certified Public Accountant, NYS License No. 50999

SOFTWARE SKILLS

Microsoft Office Suite, Solomon, Timberline, Business Works, Quickbooks, various other software applic

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