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Hands-On Controller

Location:
United States
Posted:
January 09, 2010

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Resume:

DANIEL D. BOVINO

**W*** AVE. CHATEAUX N.

OAK BROOK, IL. 60523

630-***-****

Cell 815-***-****

SUMMARY OF QUALIFICATIONS

· Extensive in depth experience in all facets of management, accounting, operations, and administration with a continuous record of success from start-up companies to corporate reorganizations.

· Strong situational leadership management style that supports a team approach to reaching targeted goals.

· Measurable achievements with strategic/financial planning, financial reporting, IT, and administration.

· Developed expertise with designing process and documentation flow.

· Major strength developing the managing abilities of subordinates through a combination of training, goal setting, delegation, and performance reviews.

· Experience in streamlining companies as well as reorganizations.

· Excellent work ethic, communication skills, and positive outlook.

SENIOR LEVEL FINANCIAL MANAGEMENT EXPERIENCE

Actively involved in two separate start-up companies ranging from manufacturing to retail sectors. Successful with internal reorganizations as well as a Chapter 11 filing. Directed the financial affairs of a major specialty mattress retailer. Supervise and coordinate activities of a staff of ten handling the day-to-day accounting activities, IT, customer service, warehouse, and office services. Supervised and prepared monthly financial statements, periodic financial plans, and forecasts. Administrate corporate insurance programs and employee benefits programs. Provide counsel to the owner on a wide variety of issues. Earlier experience as Manager of Financial Planning and Analysis for Wickes Furniture, a multi-store furniture retailer, contributes to my expertise in the furniture business.

EXPERIENCE / SPECIFIC ACCOMPLISHMENTS

CVL-USA, Inc. Schaumburg, Illinois. Chief Financial Officer/General Manager. Oct. 2007 to July 2009.

World-Class provider of logistics and final mile white glove delivery service with four facilities.

Sales $9,300,000. 125 employees.

· Provided direction on company operational reorganization involving multiple facilities.

· Guided company through a successful DOT audit.

· Consistently developed and implemented financial controls and cost reduction programs that resulted in increasing the performance of ROI and EBITDA.

· Developed budgeting process and benchmark measurement standards.

· Architect the asset recovery process, documentation and systems of our Pitney Bowes sector.

MWO Corp., Inc. Algonquin, Illinois. Chief Financial Officer/General Manager. Aug. 2000 to Oct. 2007.

Start-up Company. Bedding and furniture stores. 8 locations. Sales $3,000,000. 35 employees.

· Consistently developed and implemented financial control systems compatible with the company’s goals.

· Developed first computerized planning and forecasting models.

· Provided due diligence in evaluating IT systems.

· Chaired all staff meetings.

· Created five-year plans and corresponding detailed financial planning and analysis documentation.

· Developed budgeting process and benchmark measurement standards.

· Administered company insurance, profit sharing, employee health & benefit, and 401K plans.

· Project director in store/market expansions and divestitures.

Bed Mart, Inc., Downers Grove, Illinois. Corporate Controller/Advisory Counsel to Owner. Aug. 1998 to

Fast growth company. Bedding stores. 35 locations. Sales $8,000,000. 120 employees. Aug. 2000.

· Provide financial and Operational leadership for a specialty mattress retailer with 35 locations with over 120 employees through a 48% expansion in 12 months.

· Reduced expenses through program design and implementation resulting in a return to profitability.

· Negotiated leases for new stores as well as renegotiating for store exits and relocations.

· Provided due diligence in evaluating IT systems and market expansions.

· Chaired all staff meetings.

Daniel D. Bovino Page 2.

Darvin Furniture, Orland Park, Illinois. Corporate Controller/Senior Staff Advisor. May 1990 to

Fast growth company. Prominent and well-known single store full line Furniture Company. Aug. 1998.

Sales from $16,000,000 to $63,000,000. 1 location. 135 employees.

· Designed and implemented programs to reorganize the operational and financial areas of the company that resulted in reduced expenses and profit maximization. Contributing to a 600% increase in sales.

· Reduced audit and outside professional fees by over 75% through improved financial controls.

· Managed selection and start-up of new IT system with no downtime.

· Iinitiated a plan for backup and cross training of staff thereby reducing operating expenses by over 20%.

· Negotiated union contracts as well as health insurance and employee benefits.

· Developed five year plans.

· Full and complete IRS audit produced no errors and resulted in the IRS using those criteria as the auditing model for full line retail furniture stores.

· Counsel to owners on issues that related to building expansions including but not limited to: financing, operational work around, insurance, change work orders, and loan retirements.

Chicago Mercantile Exchange, Chicago, Illinois. Futures Trader. Sept. 1988 to May 1990.

Tri-R Signs, Inc., Stone Park, Illinois. Corporate Vice President/Controller. Feb. 1983 to

Start-up Company. Manufacturer and installer of external internally illuminated signs. Sept. 1988.

Sales $2,000,000. 1 location. 8 employees.

· Developed first computerized planning and forecasting models.

· Reduced manufacturing process expenses.

· Developed a strong support staff allowing the company to experience a continuous growth in sales.

· Successfully negotiated the sale of the company.

Wickes Furniture, Wheeling, Illinois. Manager of Financial Planning and Analysis. Nov. 1980 to Feb.1983.

Full line furniture stores with multiple locations. Sales $420,000,000. 400 employees.

· Developed strong relationships with company’s vendors through a participative and active approach in

areas of concern while in the Chapter 11 reorganization process.

· Evaluated and recommended store/market divestitures and expansions during this process.

· Instituted strict budget and operational criteria for the entire division.

· Successfully emerged from Chapter 11 reorganization.

Group Operations Manager. Jan. 1977 to Nov. 1980.

· Complete responsibility for P&L, Balance Sheets and all operating stats for all stores in the group.

· Profitably controlled all group stores’ performance and consistently outperformed others in all areas.

Accounts Payable Manger Nov. 1976 to Jan. 1977.

· Created a highly professional and efficient staff with high morale resulting in the lowest turnover rate of

any department.

· Developed a plan for backup and cross training of staff.

EDUCATION

MBA, Roosevelt University, Glenview, Illinois, 1978. Concentration: Management and Finance

BS, Southern Illinois University, Carbondale, Illinois, 1975. Major: Accounting.

Additional workshops and seminars in Financial Planning, IT, Inventory Control, leadership,

many Accounting topics, Microsoft Office, Word, Excel, Storis, Great Plains, Quick books, GERS,

PowerPoint, SAP, ACCPAC and, GAAP.



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